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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
41-10-767
Section 41-10-767 Bonds are legal investments. Bonds issued by the authority are hereby made
a legal investment for savings banks and insurance companies organized under the laws of the
state 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 the bonds of the authority. (Act 2016-469,
1st Sp Sess., §18.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-767.htm - 894 bytes - Match Info - Similar pages
9-10-39
Section 9-10-39 Investment in bonds by state, banks, insurance companies, etc.; deposit of
bonds, etc., with state or municipal officers or agencies. Bonds issued by the corporation
under the provisions of this article are hereby made securities in which the state and all
political subdivisions of this state, their officers, boards, commissions, departments or
other agencies, all banks, bankers, savings banks, trust companies, savings and loan associations,
investment companies and other persons carrying on a banking business, all insurance companies,
insurance associations, and other persons carrying on an insurance business and all administrators,
executors, guardians, trustees and other fiduciaries and all other persons whatsoever who
now are or may hereafter be authorized to invest in bonds or other obligations of the state
may properly and legally invest any funds including capital belonging to them or within their
control. The bonds or other securities or obligations are hereby...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/9-10-39.htm - 1K - Match Info - Similar pages
11-97-22
Section 11-97-22 Bonds of corporation as legal investments. The bonds of any corporation shall
be legal investments in which the state and its agencies and instrumentalities, all counties,
municipalities, and other political subdivisions of the state and public corporations organized
under the laws thereof, all insurance companies and associations and other persons carrying
on an insurance business, all banks, savings banks, savings and loan associations, trust companies,
credit unions, and investment companies of any kind, all administrators, guardians, executors,
trustees, and other fiduciaries, and all other persons whatsoever are now or may hereafter
be authorized to invest in bonds or other obligations of the state, may properly and legally
invest funds in their control or belonging to them. (Acts 1984, No. 84-314, p. 695, §22.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-97-22.htm - 1K - Match Info - Similar pages
11-95-8
Section 11-95-8 Bonds of corporation - From what source payable; pledge of revenues; execution;
form, interest rate, maturity, sale, and negotiability; nature of obligation and source of
payment; investment eligibility. (a) All bonds issued by a corporation shall be payable solely
from one or more of the following sources as may be designated in the proceedings of the board
under which such bonds shall be authorized to be issued: (1) Hospital taxes; and (2) Revenues
from any hospital facilities owned or operated by it. (b) The principal of and interest on
any bonds issued by a corporation shall be secured by a pledge of the designated revenues
and may be secured by a trust indenture evidencing such pledge or by a non-foreclosable mortgage
and deed of trust conveying as security for such bonds all or any part of the property of
the corporation from which any part of the designated revenues so pledged may be derived.
The resolution of the board under which the bonds are authorized to be...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-95-8.htm - 4K - Match Info - Similar pages
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
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.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/4-3-58.htm - 861 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
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.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-17A-13.htm - 895 bytes - Match Info - Similar pages
41-10-467
Section 41-10-467 Bonds may be used to secure deposit and for investment of fiduciary funds.
The state and all public officers, municipal corporations, political subdivisions, and public
bodies, all banks, bankers, trust companies, savings banks and institutions, building and
loan associations, savings and loan associations, investment companies, and other persons
carrying on a banking business, all insurance companies, insurance associations and other
persons carrying on an insurance business and all executors, administrators, guardians, trustees
and other fiduciaries may legally invest any sinking funds, moneys or other funds belonging
to them or within their control in any bonds of the authority, and such bonds shall be authorized
security for all public deposits, it being the purpose of this article to authorize any persons,
firms, corporations, associations, political subdivisions, bodies, and officers, public or
private, to use any funds owned or controlled by them, including,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-467.htm - 1K - Match Info - Similar pages
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