Ala. Code § 41-16A-8

Current with legislation from 2024 effective through May 17, 2024.
Section 41-16A-8 - Investment status of contracts

Alternative financing contracts or any interest therein shall be a legal and authorized investment for banks, savings and loan associations, insurance companies, fiduciaries, and trustees.

Ala. Code § 41-16A-8 (1975)

Acts 1993, No. 93-261, p. 389, §8.