Alabama Statutes

§ 4-3-20 — Investment of County, Municipal, Etc., Funds in Bonds

Alabama·Title 4 Aviation·Ch. 3 Airport Authorities·Art. 1 General Provisions
The governing body of any county, city or town within this state is authorized, in its discretion, to invest in bonds of the authority any idle or surplus money held in its treasury.

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Legislative History

(Acts 1963, No. 265, p. 696, §17.)

Nearby Sections

15
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