Alabama Statutes

§ 11-28-5 — Warrants to Be Legal Investments for Trust Funds

Alabama § 11-28-5

JurisdictionAlabama

Title 11Counties and Municipal Corporations

Ch. 28Warrants for Public Construction

This text of Alabama § 11-28-5 (Warrants to Be Legal Investments for Trust Funds) is published on Counsel Stack Legal Research, covering Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ala. Code § 11-28-5 (2026).

Text

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 chapter.

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Legislative History

(Acts 1983, 1st Ex. Sess., No. 83-75, p. 78, §5; Acts 1983, 4th Ex. Sess., No. 83-921, p. 192, §1.)

Nearby Sections

15

§ 11-1-1

Number and Names of Counties

§ 11-1-10

Contracts with Federal, State, and Other County Governments

§ 11-1-11

Payment of Membership Fees in State Organizations, Etc., for Sheriffs, Tax Assessors, Tax Collectors, Circuit Clerks and Registers, License Commissioners, Etc

§ 11-1-12

Preparation, Etc., of County Assessment Maps or Plats

§ 11-1-13

Alteration, Etc., of Precinct or Beat Lines or Creation of New Precincts or Beats

§ 11-1-14

Provision of Voting Places Where Precinct or Beat Lines Altered, Etc., or New Precincts or Beats Created

§ 11-1-15

Authority to Join National and State Association of County Commissions

§ 11-1-16

Warrants for Borrowing Purposes - Execution

§ 11-1-17

Warrants for Borrowing Purposes - Form of Warrants, Refunding Warrants, Coupons, Etc

§ 11-1-2

County Declared a Body Corporate

§ 11-1-3

Jurisdiction Over Navigable Streams Not Within Limits of Any County; Execution of Process on Said Streams

§ 11-1-5

Uniform Designation for County Governing Bodies

§ 11-1-6

Transfer of Money Erroneously Paid into County Treasury, Etc., to State Treasury

§ 11-1-7

Appointment and Use of Public Depositories; Liability

§ 11-1-8

Closing of County Offices on Legal Holidays and for Special Circumstances; Deadlines Extended for Filing Documents

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Bluebook (online)

Alabama § 11-28-5, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/11-28-5.