Ala. Code § 4-3-20

Current with legislation from 2024 effective through May 17, 2024.
Section 4-3-20 - Investment of county, municipal, etc., funds in bonds

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.

Ala. Code § 4-3-20 (1975)

Acts 1963, No. 265, p. 696, §17.