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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
11-94-17
Section 11-94-17 Bonds of authority as legal investments. Bonds issued under 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 of Alabama.
(Acts 1980, No. 80-647, p. 1220, §17.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-94-17.htm - 628 bytes - Match Info - Similar pages
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.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-21-146.htm - 962 bytes - Match Info - Similar pages
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.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-21-185.htm - 616 bytes - Match Info - Similar pages
24-1-114
Section 24-1-114 Bonds and other obligations of authorities legal investments. The bonds and
other obligations issued by any housing authority pursuant to this article or this chapter
shall be security for public deposits and legal investments to the same extent and for the
same persons, institutions, associations, corporations, public and private bodies, including
all public bodies except counties, and officers as are bonds or other obligations issued pursuant
to this chapter. (Acts 1943, No. 541, p. 512, §13.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/24-1-114.htm - 825 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.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-101.htm - 696 bytes - Match Info - Similar pages
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.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/19-3-127.htm - 848 bytes - Match Info - Similar pages
5-5A-23
Section 5-5A-23 Investments and loans with respect to housing. (a) Banks, insurance companies
and savings and loan associations are authorized: (1) To make such loans and advances of credit
and purchases of obligations representing loans and advances of credit as are eligible for
insurance and to obtain such insurance; and (2) To make such loans secured by real property
or leasehold as the Federal Housing Administrator insures or makes a commitment to insure
and to obtain such insurance. (b) It shall be lawful for banks, insurance companies or savings
and loan associations to purchase, invest in and dispose of bonds or notes secured by mortgages
issued by the Federal Housing Administrator and in securities issued by national mortgage
associations. (c) No law of this state requiring security upon which loans or investments
may be made, or prescribing or limiting interest rates upon loans or investments, or prescribing
or limiting the period for which loans or investments may be made...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/5-5A-23.htm - 2K - Match Info - Similar pages
24-11-6
Section 24-11-6 THIS SECTION WAS ASSIGNED BY THE CODE COMMISSIONER IN THE 2018 REGULAR SESSION,
EFFECTIVE MARCH 28, 2018. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. Responsibilities of
Financial Institutions. (a) A financial institution shall be required to do the following:
(1) Create a new account for the first-time and second chance home buyer and designate the
account as a "first-time and second chance home buyer's savings account" on records
and transactional statements related to the account. (2) Provide the account holder with a
detailed account statement relating to the first-time and second chance home buyer's savings
account on a yearly basis. (b) A financial institution shall not be required to do any of
the following: (1) Track the use of money withdrawn from a first-time and second chance home
buyer savings account. (2) Allocate funds in a first-time and second chance home buyer savings
account between joint account holders. (3) Report any information not otherwise...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/24-11-6.htm - 2K - Match Info - Similar pages
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