Alabama Statutes
§ 24-2-9 — Investment by Public Bodies, Etc., in Bonds, Etc., Issued by Housing Authorities, Etc
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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Alabama § 24-2-9 (Investment by Public Bodies, Etc., in Bonds, Etc., Issued by Housing Authorities, Etc) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
(Acts 1949, No. 491, p. 713, §8; Acts 1967, No. 416, p. 1070, §8.)
Nearby Sections
15
§ 24-1-100
Short Title§ 24-1-101
Definitions§ 24-1-102
Procedure for Incorporation§ 24-1-103
Area of Operation§ 24-1-110
Consolidated Housing Authorities