Bonds issued under the provisions of this chapter shall be legal investments for savings banks and insurance companies organized under the laws of this state.
Ala. Code § 11-55-8
Investment in Bonds by Savings Banks and Insurance Companies.
(Acts 1955, No. 491, p. 1107, §9.)
Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.