The governing body of any county or municipality within this state may invest any idle or surplus money held in its treasury in bonds of the authority.
Ala. Code § 11-61A-19
Investment by Governing Body.
(Acts 1994, No. 94-254, p. 470, §19.)
Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.