§ 41-10-100 — Investment of Surplus, Etc., County Funds in Bonds of Corporation

Alabama § 41-10-100

• Jurisdiction: Alabama
• Title 41: State Government
• Ch. 10: Authorities
• Art. 4: State Products Mart and Coliseum Authorities

Text

The governing body is authorized in its discretion to invest in bonds of the corporation any idle or surplus money held in the treasury of the county which is not otherwise earmarked or pledged.

Legislative History

(Acts 1965, 1st Ex. Sess., No. 174, p. 224, §24.)