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N.Y. PBA Law § 1190

This is the official text of N.Y. PBA Law § 1190, part of New York’s PBA Law — part of the compiled statutory law of New York, published by the state as "PBA Law." Browse the sections below, each linked to its official government source.

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Bonds legal investments for fiduciaries

Official statutory text

§ 1190. Bonds legal investments for fiduciaries. The bonds are hereby\nmade securities in which all public officers and bodies of this state\nand all municipalities and municipal subdivisions, all insurance\ncompanies and associations, all savings banks and savings institutions,\nincluding savings and loan associations, administrators, guardians,\nexecutors, trustees and other fiduciaries in the state may properly and\nlegally invest funds in their control.\n

Status: in_force · Read it on the official government site

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About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.