11-20-10
Section 11-20-10 Investment in bonds by savings banks and insurance companies. Bonds issued
under the provisions of this article shall be legal investments for savings banks and insurance
companies organized under the laws of this state. (Acts 1961, Ex. Sess., No. 178, p. 2147,
§10.)...
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11-54-29
Section 11-54-29 Investment in bonds by savings banks and insurance companies. Bonds issued
under the provisions of this article shall be legal investments for savings banks and insurance
companies organized under the laws of this state. (Acts 1951, No. 756, p. 1307, §10.)...

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11-54-59
Section 11-54-59 Investment in bonds by savings banks and insurance companies. Bonds issued
under the provisions of this article shall be legal investments for savings banks and insurance
companies organized under the laws of this state. (Acts 1973, No. 812, p. 1251, §10.)...

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4-3-58
Section 4-3-58 Eligibility of bonds as investment for trusts, savings banks, insurance companies,
etc. Bonds issued under the provisions of this article are hereby made legal investments for
executors, administrators, trustees and other fiduciaries, unless otherwise directed by the
court having jurisdiction of the fiduciary relation or by the document that is the source
of the fiduciary's authority. Such bonds shall be legal investments for savings banks and
insurance companies organized under the laws of the state. (Acts 1977, No. 331, p. 433, §19.)...

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41-10-101
Section 41-10-101 Investment in bonds of corporation by savings banks, insurance companies,
trustees, etc. Bonds issued under the provisions of this article are hereby made legal investments
for executors, administrators, trustees and other fiduciaries and for savings banks and insurance
companies organized under the laws of the state. (Acts 1965, 1st Ex. Sess., No. 174, p. 224,
§25.)...
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9-10-39
Section 9-10-39 Investment in bonds by state, banks, insurance companies, etc.; deposit of
bonds, etc., with state or municipal officers or agencies. Bonds issued by the corporation
under the provisions of this article are hereby made securities in which the state and all
political subdivisions of this state, their officers, boards, commissions, departments or
other agencies, all banks, bankers, savings banks, trust companies, savings and loan associations,
investment companies and other persons carrying on a banking business, all insurance companies,
insurance associations, and other persons carrying on an insurance business and all administrators,
executors, guardians, trustees and other fiduciaries and all other persons whatsoever who
now are or may hereafter be authorized to invest in bonds or other obligations of the state
may properly and legally invest any funds including capital belonging to them or within their
control. The bonds or other securities or obligations are hereby...
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11-81-177
Section 11-81-177 Investment in bonds by executors, trustees, savings banks, etc. Bonds issued
under the provisions of this article are legal investments for executors, administrators,
trustees and other fiduciaries and for savings banks and insurance companies organized under
the laws of this state. (Acts 1933, Ex. Sess., No. 102, p. 88; Code 1940, T. 37, §317.)...

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22-21-146
Section 22-21-146 Bonds - Legal investment - Banks, insurers and fiduciaries. Bonds issued
under the provisions of this article are hereby made legal investments for savings banks and
insurance companies organized under the laws of the state. Unless otherwise directed by the
court having jurisdiction thereof or the document that is the source of authority, a trustee,
executor, administrator, guardian or one acting in any other fiduciary capacity may, in addition
to any other investment powers conferred by law and with the exercise of reasonable business
prudence, invest trust funds in the bonds of the authority. (Acts 1961, No. 109, p. 134, §21.)...

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41-9-353
Section 41-9-353 Bonds and other obligations to be exclusively obligations of commission; bonds
and coupons to be negotiable instruments and to constitute legal investments for banks, insurance
companies and fiduciaries; effect of recital as to issuance in resolution authorizing bonds.
All obligations incurred by the commission and all bonds issued by it shall be solely and
exclusively an obligation of the commission and shall not create an obligation or debt of
the State of Alabama or any county or municipality therein. All bonds issued by the commission,
while not registered, shall be construed to be negotiable instruments even though they are
payable from a limited source. All coupons applicable to any bonds issued by the commission,
while the applicable bonds are not registered as to both principal and interest, shall likewise
be construed to be negotiable instruments although payable from a limited source. Such bonds
shall constitute legal investments for savings banks and...
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23-2-154
Section 23-2-154 Bonds legal investments for all purposes; entitled to be deposited with state
officers or agencies. Bonds issued by the authority under the provisions of this article are
hereby made securities in which the state and all political subdivisions of this state, their
officers, boards, commissioners, departments or other agencies; all banks, bankers, savings
banks, trust companies, savings and loan associations, investment companies and other persons
carrying on a banking business; all insurance companies, insurance associations and other
persons carrying on an insurance business; and all administrators, executors, guardians, trustees
and other fiduciaries; and all other persons whatsoever who now are or may hereafter be authorized
to invest in bonds or other obligations of the state may properly and legally invest any funds,
including capital belonging to them or within their control. The bonds or other securities
or obligations are hereby made securities which properly...
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