Alabama § 24-2-9 Investment by Public Bodies, Etc., in Bonds, Etc., Issued by Housing Authorities, Etc

Alabama Statutes

§ 24-2-9 — Investment by Public Bodies, Etc., in Bonds, Etc., Issued by Housing Authorities, Etc

Alabama § 24-2-9

Title 24Housing

Ch. 2Redevelopment Projects

This text of Alabama § 24-2-9 (Investment by Public Bodies, Etc., in Bonds, Etc., Issued by Housing Authorities, Etc) 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 § 24-2-9 (2026).

Text

Bonds or other obligations issued by a housing authority or the governing body of any incorporated city or town, in connection with a redevelopment project pursuant to this chapter, shall be security for public deposits and legal investments to the same extent and for the same persons, institutions, associations, corporations, and other bodies and officers as bonds or other obligations issued pursuant to this title in connection with the development of slum clearance and housing projects.

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Bonds or other obligations issued by a housing authority or the governing body of any incorporated city or town, in connection with a redevelopment project pursuant to this chapter, shall be security for public deposits and legal investments to the same extent and for the same persons, institutions, associations, corporations, and other bodies and officers as bonds or other obligations issued pursuant to this title in connection with the development of slum clearance and housing projects.