Code of Alabama

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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.)...

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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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11-58-11
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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11-99A-49
Section 11-99A-49 Investments in bonds. Bonds issued under this chapter are legal and authorized
investments for banks, trust companies, savings and loan associations, savings banks, insurance
companies, fiduciaries, trustees, guardians, and any public person. Bonds issued under this
chapter may be security for deposits of public funds of any public person. (Act 99-446, p.
1013, §1.)...
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19-3-122
Section 19-3-122 Securities issued or insured by secretary of housing and urban development.
It shall be lawful for trustees, executors, administrators, guardians and other fiduciaries,
the State of Alabama and any of its departments, boards, institutions and agencies, and the
municipalities, counties and other political subdivisions of the state to invest their funds
and the moneys in their custody or possession eligible for investment in notes or bonds secured
by mortgage or trust deed insured by the Secretary of Housing and Urban Development or his
predecessor officer pursuant to the laws and regulations governing the insurance of such as
now constituted or as hereafter amended and in debentures issued by such official. (Acts 1939,
No. 153, p. 227; Code 1940, T. 58, §49.)...
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19-3-127
Section 19-3-127 Bonds of Tennessee Valley Authority. Bonds issued by the Tennessee Valley
Authority under the provisions of the Tennessee Valley Authority Act of 1933, as amended or
as the same may be hereafter amended, shall be legal investments for fiduciaries investing
trust funds and for investments by savings banks and insurance companies organized under the
laws of the state, and shall be eligible to be used as security for the deposit of funds of
the state and its instrumentalities. (Acts 1961, Ex. Sess., No. 119, p. 2043, §1.)...
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19-3-128
Section 19-3-128 Debts incurred under National Housing Act and under acts of congress relating
to veterans' benefits. All debts or extensions of credit incurred pursuant to any provision
of the act of Congress known as the National Housing Act, as the same now exists or may hereafter
be amended or supplemented, and all debts or extensions of credit incurred pursuant to any
act of congress relating to veterans' benefits, as the same now exists or may hereafter be
amended or supplemented, shall be legal investments for banks, insurance companies, savings
and loan associations, trustees, fiduciaries of all types and for any other person, firm or
corporation, and shall be free from any restrictions of this state as to the nature, forms,
or amounts of any loans or investments. The provisions of this section supersede the provisions
of any act defining legal investments in any way contrary to the provisions hereof. (Acts
1969, No. 2, p. 296.)...
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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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