There is a newer version of the Code of Alabama
2016 Code of Alabama
Title 4 - AVIATION.
Chapter 3 - AIRPORT AUTHORITIES.
Article 2 - Alternate Procedure for Incorporation.
Section 4-3-58 - Eligibility of bonds as investment for trusts, savings banks, insurance companies, etc.
AL Code § 4-3-58 (2016) What's This?
Section 4-3-58Eligibility of bonds as investment for trusts, savings banks, insurance companies, etc. Bonds issued under the provisions of this article are hereby made legal investments for executors, administrators, trustees and other fiduciaries, unless otherwise directed by the court having jurisdiction of the fiduciary relation or by the document that is the source of the fiduciary's authority. Such bonds shall be legal investments for savings banks and insurance companies organized under the laws of the state.
(Acts 1977, No. 331, p. 433, §19.)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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