Alabama § 11-81-20 Investment of Funds Received to Credit of Sinking Fund

Alabama Statutes

§ 11-81-20 — Investment of Funds Received to Credit of Sinking Fund

Alabama·Title 11 Counties and Municipal Corporations·Ch. 81 Municipal and County Bonds·Art. 1 General Provisions

Any funds of any municipality or county which may come into the hands of such county or municipality to the credit of any sinking fund may be by such county or municipality invested in bonds of the United States, bonds of the State of Alabama or of any county or municipality thereof or in any public improvement bonds issued by any municipality in the State of Alabama which are general obligations of such municipality.

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Any funds of any municipality or county which may come into the hands of such county or municipality to the credit of any sinking fund may be by such county or municipality invested in bonds of the United States, bonds of the State of Alabama or of any county or municipality thereof or in any public improvement bonds issued by any municipality in the State of Alabama which are general obligations of such municipality.

Alabama § 11-81-20 (Investment of Funds Received to Credit of Sinking Fund) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.