Alabama § 23-7-14 Investment of Funds

Alabama Statutes

§ 23-7-14 — Investment of Funds

Alabama·Title 23 Highways, Roads, Bridges and Ferries·Ch. 7 Alabama Transportation Infrastructure Bank Act

Money in funds or accounts of the bank may be invested in permitted investments; provided, the investment of any federal funds shall comply with any applicable federal requirements.

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Legislative History

(Act 2015-50, p. 173, §14; Act 2018-290, §1.)

Nearby Sections

15

§ 23-1-1

Contracts and Regulations Relative to Federal Assistance

§ 23-1-10

“Blue Reflective Markers” and “Fire/Water Hydrant” Defined; Purpose and Installation of Blue Reflective Markers

§ 23-1-100

“Captive County” Defined

§ 23-1-101

Powers and Duties of County Commissions of Captive Counties as to Construction, Repair, and Maintenance of County Roads and Bridges Generally

§ 23-1-102

Transfer to Counties of Unexpended Funds Maintained by State Department of Transportation; Payment to Counties of Tax Proceeds, Federal Aid Accruals, Etc

§ 23-1-103

Transfer to Counties by State Department of Transportation of Facilities and Properties for Construction, Repair, and Maintenance of Roads; Resolution of Disputes as to Transfers

§ 23-1-104

Furnishing of Counties with Lists of Persons Employed by State Department of Transportation Therein; Employment by Counties of Persons on Lists; Employment Status of Other Persons Employed by Department in Counties; Liability for Accumulated Obligations Due and Payable to Present Employees of Department; Payment by Department of Accumulated Sick Leave of Transferred Employee

§ 23-1-105

Effect of Article Upon Contracts for Construction, Repair and Maintenance of County Roads and Bridges Entered into by State Department of Transportation

§ 23-1-106

Effect of Article Upon Outstanding Financial Obligations Incurred by Counties; Disposition of Funds Received by State from Counties for Road and Bridge Work Therein

§ 23-1-107

Effective Date

§ 23-1-110

Purpose of Article

§ 23-1-111

Designation

§ 23-1-112

Maintenance and Repair - Responsibility

§ 23-1-113

Maintenance and Repair - Stipulations and Conditions

§ 23-1-130

Establishment

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