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Alabama · Through Act 2026-611

Ala. Code § 11-99A-49: Investments in Bonds.

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Where this section sits in the code
  1. Title 11 Counties and Municipal Corporations.
  2. Title 3 Provisions Applicable to Counties and Municipal Corporations.
  3. Chapter 99A Alabama Improvement Districts.

Bonds issued under this chapter are legal and authorized investments for banks, trust companies, savings and loan associations, savings banks, insurance companies, fiduciaries, trustees, guardians, and any public person. Bonds issued under this chapter may be security for deposits of public funds of any public person.

Collected 2026-09-03T14:01:52Z. Source file · JSON

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