Code of Alabama

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16-17-17
Section 16-17-17 Investments in bonds of authority. Unless otherwise directed by the court
having jurisdiction thereof or by 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 and other fiduciary funds in bonds of the authority. (Acts 1966, Ex.
Sess., No. 222, p. 325, §17.)...
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16-18-19
Section 16-18-19 Investments in bonds of authority. Unless otherwise directed by the court
having jurisdiction thereof, or by 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 and other fiduciary funds in bonds of the authority. (Acts 1966, Ex.
Sess., No. 221, p. 308, §19.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-18-19.htm - 802 bytes - Match Info - Similar pages

41-10-314
Section 41-10-314 Investment of trust funds in bonds of authority. Any trust fund, where the
investment thereof is permitted or required by law, may be invested in bonds issued by the
authority. Unless otherwise directed by the court having jurisdiction thereof or the document
which 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 1986, No. 86-546, p. 1093, §15.)...
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41-10-504
Section 41-10-504 Bonds of authority eligible for investment of trust funds. Any trust fund,
where the investment thereof is permitted or required by law, may be invested in bonds issued
by the authority. Unless otherwise directed by the court having jurisdiction thereof or the
document which 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 1990, No. 90-603, p. 1094, §15.)...
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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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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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14-2-17
Section 14-2-17 Bonds - Investment of surplus in state fund, etc., and trust funds. Any surplus
in any state fund and any retirements or trust fund, where the investment thereof is permitted
or required by law, may be invested in bonds issued by the authority. Unless otherwise directed
by the court having jurisdiction thereof or the document which 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 1965,
No. 678, p. 1226, §19.)...
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41-10-282
Section 41-10-282 Bonds are lawful security for state deposits; investment of state, retirement,
and other fiduciary funds in bonds of authority. Any bonds issued by the authority may be
used by the holders thereof as security for deposits of any funds belonging to the state or
to any instrumentality, agency or political subdivision of the state in any instance where
security for such deposits may be required or permitted by law. Any surplus in any state fund
and any retirement or trust fund, where the investment thereof is permitted or required by
law, may be invested in bonds issued by the authority. 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 1986,...
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22-3A-13
Section 22-3A-13 Tax exemption; use of bonds as security; investment in bonds. The bonds and
the income therefrom shall be exempt from all taxation in the state. Any of the bonds may
be used by the holder thereof as security for the deposit of any funds belonging to the state
or to any instrumentality or agency of the state in any instance where security for such deposits
may be required. Unless otherwise directed by the court having jurisdiction thereof, or by
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 and with the exercise of reasonable business prudence, invest trust funds in any
of the bonds. (Acts 1990, No. 90-598, §13.)...
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41-10-362
Section 41-10-362 Exemption from taxation of bonds and income of authority; use of bonds as
security for deposits of state funds; investment of trust funds in bonds. The bonds and the
income therefrom shall be exempt from all taxation in the state. Any of the bonds may be used
by the holder thereof as security for the deposit of any funds belonging to the state or to
any instrumentality or agency of the state in any instance where security for such deposits
may be required by law. Unless otherwise directed by the court having jurisdiction thereof,
or by 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 any of the bonds. (Acts 1988, No. 88-475, p. 739, §13.)...
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