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11-55-8
Section 11-55-8 Investment in bonds by savings banks and insurance companies. Bonds issued
under the provisions of this chapter shall be legal investments for savings banks and insurance
companies organized under the laws of this state. (Acts 1955, No. 491, p. 1107, §9.)...
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11-57-19
Section 11-57-19 Investment in bonds - By executors, savings banks, insurance companies, etc.
Bonds issued under the provisions of this chapter 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 bonds of the authority. (Acts 1961, No.
895, p. 1407, §21; Acts 1961, Ex. Sess., No. 289, p. 2335, §21.)...
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11-58-11
Section 11-58-11 Investment in bonds by savings banks and insurance companies. Bonds issued
under the provisions of this chapter shall be legal investments for savings banks and insurance
companies organized under the laws of this state. (Acts 1955, No. 516, p. 1160, §10.)...
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11-56-18
Section 11-56-18 Investment in bonds - By executors, savings banks, insurance companies, etc.
Bonds issued under the provisions of this chapter 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 1955, No. 493, p. 1116, §18.)...
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22-23B-2
Section 22-23B-2 Definitions. The following words and phrases, whenever used in this chapter,
shall have the following respective meanings unless the context clearly indicates otherwise:
AUTHORITY. The corporation organized pursuant to the provisions of this chapter as a public
corporation, agency and instrumentality of the state and known as the "Alabama Drinking
Water Finance Authority." AUTHORIZING RESOLUTION. A resolution, order or other proceedings
adopted by the board of directors of the authority authorizing the issuance of bonds, agreements
and related matters. BOARD OF DIRECTORS. The board of directors of the authority. BOND PROCEEDS.
The net proceeds of sale of bonds or notes, and the income derived from the investment of
such proceeds. BONDS. The bonds, notes or obligations or other evidences of indebtedness issued
by the authority under the provisions of this chapter. DEPARTMENT. The Alabama Department
of Environmental Management or any successor. FEDERAL ACT. The Act of...
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11-92C-9
Section 11-92C-9 Bonds of authority. (a) Source of payment. All bonds issued by an authority
shall be payable solely out of the revenues and receipts derived from the leasing or sale
by the board of its projects, or from any other source as may be designated in the proceedings
of the board under which the bonds are authorized to be issued. (b) Pledge of revenues, receipts,
and other security. The principal and interest on any bonds issued by an authority shall be
secured by a pledge of the revenues and receipts out of which the principal and interest may
be payable and may be secured by a mortgage and deed of trust or trust indenture conveying
as security for the bonds all or any part of the property of the authority from which the
revenues or receipts so pledged may be derived. (c) Resolutions. The resolution under which
the bonds of an authority are authorized to be issued and any mortgage and deed of trust or
trust indenture may contain any agreements and provisions respecting the...
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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.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-54-59.htm - 581 bytes - Match Info - Similar pages
22-3A-2
Section 22-3A-2 Definitions. The following words and phrases used in this chapter, unless the
context clearly indicates otherwise, shall have the following respective meanings: (1) AUTHORITY.
The public corporation organized pursuant to the provisions of this chapter. (2) BONDS. The
bonds issued under the provisions of this chapter. (3) COUNTY BOARD(S) OF HEALTH. County board(s)
of health provided for in Chapter 3 of Subtitle 1 of Title 22. (4) DIRECTORS. The board of
directors of the authority. (5) GOVERNMENT SECURITIES. Any bonds or other obligations which
as to principal and interest constitute direct obligations of, or are unconditionally guaranteed
by, the United States of America, including obligations of any federal agency to the extent
such obligations are unconditionally guaranteed by the United States of America and any certificates
or any other evidences of an ownership interest in such obligation of, or unconditionally
guaranteed by, the United States of America or in...
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