GroundRules
Ala. Code § 37-13-17: Investment of County and Municipal Funds in Bonds of Authority.
Where this section sits in the code
- Title 37 Public Utilities and Public Transportation.
- Chapter 13 Incorporation of Railroad Authorities as Public Corporations.
The governing body of any county, city or town within this state is authorized in its discretion to invest in bonds of the authority any idle or surplus money held in its treasury.
Collected 2026-09-03T14:01:51Z. Source file · JSON