Alabama Statutes

§ 22-21-147 — Bonds - Legal Investment - Municipal Funds

Alabama § 22-21-147
JurisdictionAlabama
Title 22Health, Mental Health, and Environmental Control
Ch. 21Hospitals and Other Health Care Facilities Generally
Art. 5Municipal Hospital Building Authorities

This text of Alabama § 22-21-147 (Bonds - Legal Investment - Municipal 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 § 22-21-147 (2026).

Text

The governing body is authorized, in its discretion, to invest in bonds of the authority any idle or surplus money held in the treasury of the municipality which is not otherwise earmarked or pledged.

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Legislative History

(Acts 1961, No. 109, p. 134, §22.)

Nearby Sections

15
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Bluebook (online)
Alabama § 22-21-147, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/22-21-147.