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 § 11-81-20

Title 11Counties and Municipal Corporations

Ch. 81Municipal and County Bonds

Art. 1General Provisions

This text of Alabama § 11-81-20 (Investment of Funds Received to Credit of Sinking Fund) 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 § 11-81-20 (2026).

Text

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.