Bonds issued under the provisions of this article shall be legal investments for savings banks and insurance companies organized under the laws of this state.
Ala. Code § 11-54-29
Investment in Bonds by Savings Banks and Insurance Companies.
(Acts 1951, No. 756, p. 1307, §10.)
Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.