Notwithstanding any provisions of any other law to the contrary, all bonds issued
under the provisions of this act shall constitute legal investments for savings banks,
banks, trust companies, insurance companies, executors, administrators, trustees,
guardians and other fiduciaries, and for any board, body, agency, instrumentality,
county, municipality or other political subdivision of the state, and shall be and
constitute securities which may be deposited by banks or trust companies as security
for deposits of state, county, municipal or other public funds, or by insurance companies
as required or voluntary statutory deposits.
(Laws of Fla. ch. 74-462, § 24)
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