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legal list
noun
, Law.
- a list of investments that fiduciaries and certain institutions, such as banks and insurance companies, are legally authorized to make.
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Example Sentences
The commission says they will discuss adding nutria to a legal list of prohibited pets in December.
From Washington Times
If the bonds are removed from the legal list, trust fund managers have no choice but to dispose of the bonds within six months.
Since Jan. 1, 57 separate issues of rail bonds have been dropped from the legal list.
And certain States keep such bonds from their legal list.
Prime example is Connecticut, whose rigid rules also bar the bonds of Arizona, New Mexico and Oklahoma from the legal list because these States were admitted to the Union after 1896, have not had a sufficiently long history to be given full credit standing.
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