legal list

Legal list

A list of high-quality debt and equity securities chosen by a state agency that are acceptable holdings for fiduciary institutions.

Approved List

A list of companies and other investments in which certain organizations like state-chartered banks, insurance companies, and pensions are allowed to invest. The components of approved lists vary from state to state, but most approved lists contain low-risk, low-return investments designed to maintain the organizations' sustainability and protect the principal placed in them. An approved list is also called a legal list.

legal list

The list of securities designated eligible as investments by institutions such as life insurance companies, restricted trust funds, and commercial banks. Such lists are generally limited to relatively high-grade securities of issuers exhibiting little chance of default. Also called approved list.
References in periodicals archive ?
4, 2011 /PRNewswire/ -- Following the unveiling last week of the first-ever Who's Who Legal list of expert witnesses, we thought it might be a good time to introduce you to the nine LECG (Nasdaq: XPRT) experts ranked by the service.
The applicable fiduciary standards in The Code of Virginia consisted of a prudent-person rule and a legal list of permissible securities.
Adding this problem to a legal list of disabilities is not just bad law and bad policy.
Six Canadian provinces have opted for a political listing system in their own legislation, but only Nova Scotia allows scientists to determine the legal list of species at risk.
The clause is just one condition in a 3,000 word legal list of do's and don'ts for the eager hopefuls.
Next November, a workshop in Aden will be organized to Fund's officials to discuss the fund's legal list and enrich it with notes to be presented to Ministry of Social Affairs and labor, he added.
For example, the trust instrument may specify that the trustee is bound by the provisions of the Trustee Act of Alberta (the "Act"), which means that the trustee is restricted to the safe investments listed in a schedule to the Act, which contains the legal list of permitted investments.
Sweet & Maxwell (London), a part of Thomson Legal & Regulatory Europe, has acquired New Law Online and the legal list from Croner.
DLA Piper has been recognized as the 2012 International Franchise Law Firm of the Year by Who's Who Legal list for the eighth consecutive year.
We proposed a legal list to protect the people, which was approved by the Council of Ministers," he said.
Only two of the 16 states where medical marijuana is legal list PTSD as a condition making people eligible for treatment, and they are likely to face resistance in attempting to study the benefits of a substance still banned under federal law.
In this case, limitations are drawing up the legal list of objectives for investment of endowment funds; state and municipal securities of Kyrgyzstan; shares of public corporations; investment and coop share funds; bank deposits; real estate facilities must be added to this list by all means.