9-16-90
Section 9-16-90 Environmental protection performance standards. (a) Any permit issued pursuant
to this article to conduct surface mining operations shall require that such surface coal
mining operations will meet all applicable performance standards of this article, and such
other requirements as the regulatory authority shall promulgate. (b) General performance standards
shall be applicable to all surface coal mining and reclamation operations and shall require
the operation as a minimum to: (1) Conduct surface coal mining operations so as to maximize
the utilization and conservation of the solid fuel resource being recovered so that reaffecting
the land in the future through surface coal mining can be minimized; (2) Restore the land
affected to a condition capable of supporting the uses which it was capable of supporting
prior to any mining, or higher or better uses of which there is reasonable likelihood, so
long as such use or uses do not present any actual or probable hazard to...
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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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11-81A-6
Section 11-81A-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 this 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 or county, may properly and legally invest any
funds, including capital belonging to them or within their control. (Acts 1980, No. 80-697,
p. 1400, §6.)...
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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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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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23-2-154
Section 23-2-154 Bonds legal investments for all purposes; entitled to be deposited with state
officers or agencies. Bonds issued by the authority under the provisions of this article are
hereby made securities in which the state and all political subdivisions of this state, their
officers, boards, commissioners, 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 made securities which properly...
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27-41-24
Section 27-41-24 Particular investments - Loans secured by pledges of securities or pledges
or assignments of life insurance policies. An insurer may invest in loans with a maturity
not in excess of five years from the date thereof which are secured by pledge of securities
eligible for investment under this chapter or by the pledge or assignment of life insurance
policies issued by insurers authorized to transact insurance in this state. On the date made,
no such loan shall exceed in amount 75 percent of the market value of the collateral pledged;
except, that loans upon the pledge of United States government bonds and loans upon the pledge
or assignment of life insurance policies shall not exceed 95 percent of the market value of
the bonds or the cash surrender value of the policies pledged. The amount so loaned shall
be included in the maximum amount of funds permitted under this chapter to be invested in
a single person. (Acts 1977, No. 408, p. 530, §24.)...
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8-6-56
Section 8-6-56 Director - Qualifications; interest in banks, etc., prohibited; salary. (a)
The Director of the Securities Commission shall be a person of good moral character, at least
30 years of age, a resident of Alabama, a member of the Alabama bar and thoroughly familiar
with corporate organization, investment banking, investment trusts, the sale of securities,
and the statistical details of the manufacturing industries and commerce of this state. The
Securities Commission may also require additional qualifications. (b) The director, while
serving as such, shall not directly or indirectly be financially interested in or associated
with any commercial bank, savings bank, trust company, industrial loan or investment company,
credit union, building and loan association, or any other person subject to the jurisdiction
of the commission or the director. (c) The salary of the director shall be fixed by the commission
with the approval of the Governor and the State Personnel Board. (Acts...
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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...
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