Amendment status not verified — confirm the current text below against the official source.
(1) A trustee may invest in any of the securities mentioned or referred to in section 20, notwithstanding that the same may be redeemable and that the price exceeds the redemption value: [x x x x] (2) A trustee may retain until redemption any redeemable stock, fund or security which may have been purchased in accordance with this section.] Ins. by Act 1 of 1916, sec. 3 (w.r.e.f. 07/01/1975). Omitted by Act 34 of 2016.