Bonds issued under the provisions of this chapter are hereby made legal investments for executors, administrators, trustees and other fiduciaries and for savings banks and insurance companies organized under the laws of the state.
Ala. Code § 11-56-18
Investment in Bonds - by Executors, Savings Banks, Insurance Companies, Etc.
(Acts 1955, No. 493, p. 1116, §18.)
Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.