GENERAL STATE AUTHORITY BONDS, LEGAL INVESTMENTS Act of Jul. 1, 1937, P.L. 2687, No. 539 Cl. 72 AN ACT Declaring bonds, issued by The General State Authority, legal investments for the investment of certain funds and moneys. Section 1. Be it enacted, &c., That any fiduciary, insurance company, State bank, trust company, bank and trust company, and any departmental administrative board and commission or other agency of the Commonwealth, shall have power to invest funds and moneys in his or its possession and control in bonds issued by the General State Authority in which the full faith and credit of the Authority is pledged, and such bonds shall be deemed legal investments for all such purposes.