Code of Alabama |
Match Context and Document information |
URL: | http://alisondb.legislature.state.al.us/alison/CodeOfAlabama /1975/41-10-767.htm |
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Depth: | 0 singles |
Size: | 894 bytes |
Modified: | 2020-10-21 07:54:36 |
Categories: | -None- |
Title: | 41-10-767 |
Description: | -None- |
Keywords: | -None- |
Meta data: | -None- |
Body: | Section 41-10-767 Bonds are legal investments. Bonds issued by the authority are hereby made a legal investment for savings banks and insurance companies organized under the laws of the state and for trustees, executors, administrators, guardians, persons or organizations acting in a fiduciary capacity, unless otherwise directed by a court having jurisdiction or by a document providing fiduciary authority. Any governmental entity or public corporation is authorized, in its discretion, to invest any available funds in the bonds of the authority. (Act 2016-469, 1st Sp Sess., ยง18.) |