{"data":{"id":"us-al/ala.-code-22-21-146","jurisdiction":"us-al","citation":"Ala. Code § 22-21-146","heading":"Bonds - Legal Investment - Banks, Insurers and Fiduciaries.","body":"Bonds issued under the provisions of this article are hereby made legal investments for savings banks and insurance companies organized under the laws of the state. Unless otherwise directed by the court having jurisdiction thereof or the document that is the source of authority, a trustee, executor, administrator, guardian or one acting in any other fiduciary capacity may, in addition to any other investment powers conferred by law and with the exercise of reasonable business prudence, invest trust funds in the bonds of the authority.","path":["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."],"source_url":"https://alison.legislature.state.al.us/code-of-alabama?section=22-21-146","current_through":"Act 2026-611","vintage":"","retrieved_at":"2026-09-03T14:01:51Z","sha256":"bd4737072988aeb2a90fa64046b210ed4c9c2d78c6f649518fc780bf1ae58d66","source_id":"us-al","stale":false,"prev":"us-al/ala.-code-22-21-145","next":"us-al/ala.-code-22-21-147"},"notice":"GroundRules: Original legal text. Not legal advice."}