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Legal List Statutes

State laws that enumerate the investments into which certain institutions and fiduciaries—those who manage money and property for another and who must exercise a standard of care in such activity in accordance with law or contract—can venture.

Legal lists are frequently limited to high caliber SECURITIES that generate a satisfactory yield with a minimum amount of risk to the principal.

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Law Library - American Law and Legal InformationFree Legal Encyclopedia: Labor Department - Employment And Training Administration to Legislative Power