There is a newer version of the Code of Alabama
2014 Code of Alabama
Title 22 - HEALTH, MENTAL HEALTH, AND ENVIRONMENTAL CONTROL.
Title 1 - HEALTH AND ENVIRONMENTAL CONTROL GENERALLY.
Section 22-21-147 - Bonds - Legal investment - Municipal funds.
AL Code § 22-21-147 (2014) What's This?
Section 22-21-147Bonds - Legal investment - Municipal funds. The governing body is authorized, in its discretion, to invest in bonds of the authority any idle or surplus money held in the treasury of the municipality which is not otherwise earmarked or pledged.
(Acts 1961, No. 109, p. 134, §22.)Disclaimer: These codes may not be the most recent version. Alabama may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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