Alabama Code (Last Updated: November 28, 2014) |
Title40 REVENUE AND TAXATION. |
Chapter7. ASSESSMENT OF TAXES GENERALLY. |
Article2. Statewide Property Reappraisal. |
Division2. County Bonds for Purpose of Paying Costs of Reappraisal. |
§40-7-95. Warrants to be legal investments for trust funds.
Latest version.
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Unless otherwise directed by the court having jurisdiction thereof or by 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, invest trust funds in warrants issued under the provisions of this division.