22-21-147
Section 22-21-147 Bonds - Legal investment - Municipal funds. The governing body is authorized, in its discretion, to invest in bonds of the authority any idle or surplus money held in the treasury of the municipality which is not otherwise earmarked or pledged. (Acts 1961, No. 109, p. 134, §22.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-21-147.htm - 605 bytes - Match Info - Similar pages
11-57-18
Section 11-57-18 Investment in bonds - By municipalities. The governing body is authorized in its discretion to invest in bonds of the authority any idle or surplus money held in the treasury of the municipality which is not otherwise earmarked or pledged. (Acts 1961, No. 895, p. 1407, §22; Acts 1961, Ex. Sess., No. 289, p. 2335, §22.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-57-18.htm - 649 bytes - Match Info - Similar pages
11-56-17
Section 11-56-17 Investment in bonds - By municipalities. The governing body is authorized in its discretion to invest in bonds of the corporation any idle or surplus money held in the treasury of the municipality which is not otherwise earmarked or pledged. (Acts 1955, No. 493, p. 1116, §17.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-56-17.htm - 601 bytes - Match Info - Similar pages
16-65-10
Section 16-65-10 Investment in bonds. The State Treasurer may invest any idle or surplus moneys of the state in bonds of the authority. The governing body of any county or municipality is authorized in its discretion to invest any idle or surplus money held in its treasury in bonds of the authority. Such bonds shall be 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, and for savings banks and insurance companies organized under the laws of the state. (Acts 1997, No. 97-388, p. 632, §10.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-65-10.htm - 985 bytes - Match Info - Similar pages
22-23A-12
Section 22-23A-12 Investment in bonds of authority. The State Treasurer may invest any idle or surplus moneys of the state in bonds of the authority. The governing body of any county or municipality is authorized in its discretion to invest any idle or surplus money held in its treasury in bonds of the authority. Such bonds shall be 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, and for savings banks and insurance companies organized under the laws of the state. (Acts 1988, 1st Ex. Sess., No. 88-857, p. 338, §12.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-23A-12.htm - 1015 bytes - Match Info - Similar pages
22-34-12
Section 22-34-12 Investment in authority bonds. The State Treasurer may invest any idle or surplus moneys of the state in bonds of the authority. The governing body of any county or municipality is authorized in its discretion to invest any idle or surplus money held in its treasury in bonds of the authority. Such bonds shall be 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, and for savings banks and insurance companies organized under the laws of the state. (Acts 1987, No. 87-226, p. 317, §12.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-34-12.htm - 995 bytes - Match Info - Similar pages
4-3-57
Section 4-3-57 Investment of county or municipal funds in bonds. The governing body of any county or municipality within this state is authorized, in its discretion, to invest in bonds of the authority any idle or surplus money held in its treasury. (Acts 1977, No. 331, p. 433, §18.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/4-3-57.htm - 589 bytes - Match Info - Similar pages
24-1A-10
Section 24-1A-10 Bonds eligible for investment by state and local governments and by executors, trustees, etc. The State Treasurer may invest any idle or surplus moneys of the state in bonds of the authority. The governing body of any county or municipality is authorized in its discretion to invest any idle or surplus money held in its treasury in bonds of the authority. Such bonds shall be 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, and for savings banks and insurance companies organized under the laws of the state. (Acts 1980, No. 80-585, p. 899, §12.)...
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22-21-326
Section 22-21-326 Securities issued under article as legal investments. Securities 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 securities of an authority. The governing body of any authorizing subdivision (or any county or municipality in which any health care facilities of an authority may be situated) is authorized, in its discretion, to invest in securities of such authority any idle or surplus money held in its treasury which is not otherwise earmarked or pledged. (Acts 1982, No. 82-418, p. 629, §17.)...
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45-46-90.08
Section 45-46-90.08 Bonds of the authority. (a) All bonds issued by the authority shall be signed by the chair of its board, or other chief executive officer, and attested by its secretary, and the seal of the authority shall be affixed thereto, and any interest coupons applicable to the bonds of the authority shall be signed by the chair of its board, or other chief executive officer; provided, that a facsimile of the signature of one, but not both, of the officers may be printed or otherwise reproduced on any such bonds in lieu of his or her manually signing the same, a facsimile of the seal of the authority may be printed or otherwise reproduced on any such bonds in lieu of being manually affixed thereto, and a facsimile of the signature of the chair of its board, or other chief executive officer, may be printed or otherwise reproduced on any such interest coupons in lieu of his or her manually signing the same. (b) Any such bonds may be executed and delivered by the authority at...
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