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Ala. Code § 11-94-17

Bonds of Authority as Legal Investments.

(Acts 1980, No. 80-647, p. 1220, §17.)

Bonds issued under 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 of Alabama.

Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.