Home/Alabama/Statutes/Title 16: Education/Ch. 18: Public Educational Building Authorities/§ 16-18-19
Alabama Statutes

§ 16-18-19 — Investments in Bonds of Authority

Alabama § 16-18-19
JurisdictionAlabama
Title 16Education
Ch. 18Public Educational Building Authorities

This text of Alabama § 16-18-19 (Investments in Bonds of Authority) 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 § 16-18-19 (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 conferred by law and with the exercise of reasonable business prudence, invest trust and other fiduciary funds in bonds of the authority.

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Legislative History

(Acts 1966, Ex. Sess., No. 221, p. 308, §19.)

Nearby Sections

15
§ 16-1-1
Definitions
§ 16-1-10
Selling, Etc., Alcoholic Beverages to School Children; Keeping on School Premises
§ 16-1-11
Private Schools to Register and Report;
§ 16-1-11.1
Autonomy of Nonpublic Schools - Legislative Findings
§ 16-1-11.2
Autonomy of Nonpublic Schools - Education Selection by Parents; Exemption from Licensure or Regulation
§ 16-1-11.3
Autonomy of Nonpublic Schools - Applicability of Statutory Requirements
§ 16-1-11.4
Admission of Nonpublic School Students by Public Institutions of Higher Education
§ 16-1-11.5
Teacher Certification
§ 16-1-11.6
Membership of Nonpublic Schools in Alabama High School Athletic Association
§ 16-1-13
Teaching Pupils of Disparate Ability, Background and Achievement
§ 16-1-14
Uniform System of Procedural Due Process Protections for Students Facing Long-Term Suspension or Expulsion for Violating Student Code of Conduct or State Law
§ 16-1-15
Classification and Grouping of Pupils Upon Consideration of Social Attitudes, Etc
§ 16-1-16
Special Courses, Tutoring, Counseling, Etc., for Special Groups of Pupils
§ 16-1-16.1
Alabama Council on Family and Children
§ 16-1-17
Contest of Certain Elections
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Bluebook (online)
Alabama § 16-18-19, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/16-18-19.