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2020 Code of Alabama
Title 11 - Counties and Municipal Corporations.
Title 1 - Provisions Applicable to Counties Only.
Chapter 9 - Warrants for Utility Purposes.
Article 2 - Waterworks Systems Warrants.
Section 11-9-25 - Investment of Trust Funds in Warrants.
Universal Citation: AL Code § 11-9-25 (2020)
Section 11-9-25
Investment of trust funds in warrants.
Unless otherwise directed by the court having jurisdiction thereof or by the document that is the source of authority, a trustee, executor, administrator, guardian or one acting in any other fiduciary capacity may, in addition to any other investment powers, invest trust funds in warrants issued under the provisions of this article.
(Acts 1973, No. 1128, p. 1901, §6.)
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