Alabama Statutes

§ 11-9-25 — Investment of Trust Funds in Warrants

Alabama·Title 11 Counties and Municipal Corporations·Ch. 9 Warrants for Utility Purposes·Art. 2 Waterworks Systems 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.

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Legislative History

(Acts 1973, No. 1128, p. 1901, §6.)

Nearby Sections

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