Alabama Code (Last Updated: November 28, 2014) |
Title11 COUNTIES AND MUNICIPAL CORPORATIONS. |
Title3 PROVISIONS APPLICABLE TO COUNTIES AND MUNICIPAL CORPORATIONS. |
Chapter81. MUNICIPAL AND COUNTY BONDS. |
Article5. Revenue Bonds for Waterworks, Gas, Sewer or Electric Systems. |
§11-81-177. Investment in bonds by executors, trustees, savings banks, etc.
Latest version.
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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.