Money in funds or accounts of the bank may be invested in permitted investments; provided, the investment of any federal funds shall comply with any applicable federal requirements.
Ala. Code § 23-7-14
Investment of Funds.
Known as the Alabama Transportation Infrastructure Bank Act
The act spans §§ 23-7-1 to 23-7-9 (31 sections).
(Act 2015-50, p. 173, §14; Act 2018-290, §1.)
Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.