Alabama Code (Last Updated: November 28, 2014) |
Title41 STATE GOVERNMENT. |
Chapter10. AUTHORITIES. |
Article4. State Products Mart and Coliseum Authorities. |
§41-10-100. Investment of surplus, etc., county funds in bonds of corporation.
Latest version.
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The governing body is authorized in its discretion to invest in bonds of the corporation any idle or surplus money held in the treasury of the county which is not otherwise earmarked or pledged.