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 § 11-58-11
Investment in Bonds by Savings Banks and Insurance Companies.
(Acts 1955, No. 516, p. 1160, §10.)
Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.