SPIRO T. AGNEW, Governor                          399

terms. Any provision of any law to the contrary notwithstanding,
any bonds issued pursuant to this article shall be fully negotiable.

(f)    Suits. In any suit, action or proceeding involving the validity
of enforcement of any bond issued under this article or the security
therefor, any such bond reciting in substance that it has been issued
by the municipality in connection with an urban renewal project,
as herein defined, shall be conclusively deemed to have been issued
for such purpose and such project shall be conclusively deemed to
have been planned, located and carried out in accordance with the
provisions of this article.

(g)    Investments. All banks, trust companies, bankers, savings
banks and institutions, building and loan associations, savings and
loan associations, investment companies and other persons carrying
on a banking or investment business; all insurance companies, insur-
ance associations, and other persons carrying on an insurance busi-
ess; and all executors, administrators, curators, trustees, and other
fiduciaries, may legally invest any sinking funds, monies, or other
funds belonging to them or within their control in any bonds or
other; obligations issued by the municipality pursuant to this article,
provided that such bonds and other obligations shall be secured by
an agreement between the issuer and the federal government in
which the issuer agrees to borrow from the federal government and
the federal government agrees to lend to the issuer, prior to the
maturity of such bonds or other obligations, monies in an amount
which (together with any other monies irrevocably committed to
the payment of principal and interest on such bonds or other obliga-
tions) will suffice to pay the principal of such bonds or other obliga-
tions with interest to maturity thereon, which monies under the
terms of said agreement are required to be used for the purpose of
paying the principal of and the interest on such bonds or other
obligations at their maturity. Such bonds and other obligations shall
be authorized security for all public deposits. It is the purpose of
this section to authorize any persons, political subdivisions and
officers, public or private, to use any funds owned or controlled by
them for the purchase of any such bonds or other obligations.
Nothing contained in this section with regard to legal investments
shall be construed as relieving any duty or exercising reasonable
care in selecting securities.

68-30. Separability

If any provision of this article, or the application thereof, to any
person or circumstances, is held invalid, the remainder of the article
and the application of such provision to persons or circumstances
other than those as to which it is held invalid, shall not be in addition
and supplemental to the powers conferred by any other law.

68-31. Review and Approval

All plans, whether preliminary or final, prepared or presented
under the provisions of this article by the municipality known as
Seat Pleasant shall not conflict with, and must conform to the
master plan for Prince George's County. This provision shall be
construed to mean that all urban renewal plans effecting a change
in zoning shall be reviewed by the Maryland-National Capital Park
and Planning Commission, and any zoning amendments pursuant