GroundRules
Ala. Code § 22-21-147: Bonds - Legal Investment - Municipal Funds.
Where this section sits in the code
- Title 22 Health, Mental Health, and Environmental Control.
- Title 1 Health and Environmental Control Generally.
- Chapter 21 Hospitals and Other Health Care Facilities Generally.
- Article 5 Municipal Hospital Building Authorities.
The governing body is authorized, in its discretion, to invest in bonds of the authority any idle or surplus money held in the treasury of the municipality which is not otherwise earmarked or pledged.
Collected 2026-09-03T14:01:51Z. Source file · JSON