GroundRules
Ala. Code § 4-3-57: Investment of County or Municipal Funds in Bonds.
Where this section sits in the code
- Title 4 Aviation.
- Chapter 3 Airport Authorities.
- Article 2 Alternate Procedure for Incorporation.
The governing body of any county or municipality 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 2026-09-03T14:01:52Z. Source file · JSON