There is a newer version of the Code of Alabama
2006 Alabama Code - Section 11-56-18 — Investment in bonds - By executors, savings banks, insurance companies, etc.
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.
(Acts 1955, No. 493, p. 1116, §18.)
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