22-21-185
Section 22-21-185 Fiduciary investment. Securities issued under 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 this state. (Acts 1975, 3rd Ex. Sess. No. 183, p. 442, §12.)...
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2-3A-8
Section 2-3A-8 Bonds of the authority. (a) Source of payment. All bonds issued by the authority shall be payable solely out of the revenues and other receipts of the authority as may be designated in the proceedings of the board under which the bonds shall be authorized to be issued. (b) Pledge of revenues and other security. The principal of and interest on any bonds issued by the authority shall be secured by a pledge of the revenues and other receipts out of which the same may be payable and may be secured by a trust indenture evidencing such pledge or by a foreclosable mortgage and deed of trust conveying as security for such bonds all or any part of the property of the authority from which the revenues so pledged may be derived. The resolution under which the bonds are authorized to be issued or any such trust indenture or mortgage may contain any agreements and provisions respecting the maintenance and insurance of the property covered by such trust indenture or mortgage, the use...
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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.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-56-18.htm - 667 bytes - Match Info - Similar pages
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.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-81-177.htm - 674 bytes - Match Info - Similar pages
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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11-61A-20
Section 11-61A-20 Bonds deemed legal investment. Bonds issued under this chapter are deemed 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. The bonds shall be legal investments for savings banks and insurance companies organized under the laws of the state. (Acts 1994, No. 94-254, p. 470, §20.)...
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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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16-17A-13
Section 16-17A-13 Investment in indebtedness. Indebtedness issued under the provisions of this chapter is hereby made a legal investment for savings banks and insurance companies organized under state law and for trustees, executors, administrators, guardians, persons, or organizations acting in a fiduciary capacity, unless otherwise directed by a court having jurisdiction or by a document providing fiduciary authority. Any governmental entity or public corporation is authorized, in its discretion, to invest any available funds in securities of the authority. (Act 2016-201, §13.)...
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11-11B-6
Section 11-11B-6 Legal investment status of securities. Securities issued under the authority of this chapter shall be securities in which the state, the grantee, all counties and political subdivisions of the state, their officers, boards, departments or agencies and all banks, bankers, trust companies, savings and loan associations, investment companies and other persons carrying on a banking business, all insurance companies and insurance associations and other persons carrying on an insurance business, all administrators, executors, guardians, trustees and other fiduciaries, and all other persons who now are or may hereafter be authorized to invest in securities issued by a county, may properly and legally invest any funds, including capital belonging to them or within their control. (Acts 1981, No. 81-797, p. 1399, §6.)...
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11-64-6
Section 11-64-6 Investment status of securities. Securities issued under the authority of this chapter shall be securities in which the state, the grantee, all counties and political subdivisions of the state, their officers, boards, departments, or agencies and all banks, bankers, trust companies, savings and loan associations, investment companies, and other persons carrying on a banking business, all insurance companies and insurance associations and other persons carrying on an insurance business, all administrators, executors, guardians, trustees, and other fiduciaries, and all other persons who now are or may hereafter be authorized to invest in securities issued by a municipality, may properly and legally invest any funds, including capital belonging to them or within their control. (Acts 1981, No. 81-798, p. 1403, §6.)...
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