Alabama § 24-1-114 Bonds and Other Obligations of Authorities Legal Investments

Alabama Statutes

§ 24-1-114 — Bonds and Other Obligations of Authorities Legal Investments

Alabama § 24-1-114

Title 24Housing

Ch. 1Housing Authorities

Art. 4Regional and Consolidated Housing Authorities

This text of Alabama § 24-1-114 (Bonds and Other Obligations of Authorities Legal Investments) 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 § 24-1-114 (2026).

Text

The bonds and other obligations issued by any housing authority pursuant to this article or this chapter shall be security for public deposits and legal investments to the same extent and for the same persons, institutions, associations, corporations, public and private bodies, including all public bodies except counties, and officers as are bonds or other obligations issued pursuant to this chapter.

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The bonds and other obligations issued by any housing authority pursuant to this article or this chapter shall be security for public deposits and legal investments to the same extent and for the same persons, institutions, associations, corporations, public and private bodies, including all public bodies except counties, and officers as are bonds or other obligations issued pursuant to this chapter.