2016 Code of Alabama
Title 4 - AVIATION.
Chapter 3 - AIRPORT AUTHORITIES.
Article 2 - Alternate Procedure for Incorporation.
Section 4-3-57 - Investment of county or municipal funds in bonds.

AL Code § 4-3-57 (2016) What's This?
Section 4-3-57Investment of county or municipal funds in bonds.

The governing body of any county or municipality within this state is authorized, in its discretion, to invest in bonds of the authority any idle or surplus money held in its treasury.

(Acts 1977, No. 331, p. 433, §18.)

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