Code of Alabama - Title 11: Counties and Municipal Corporations - Section 11-81-177 - Investment in bonds by executors, trustees, savings banks, etc
Section 11-81-177 - Investment in bonds by executors, trustees, savings banks, etc.
Bonds issued under the provisions of this article are legal investments for executors, administrators, trustees and other fiduciaries and for savings banks and insurance companies organized under the laws of this state.
(Acts 1933, Ex. Sess., No. 102, p. 88; Code 1940, T. 37, §317.)