Code of Alabama - Title 11: Counties and Municipal Corporations - Section 11-9-25 - Investment of trust funds in warrants

Section 11-9-25 - Investment of trust funds in warrants.

Unless otherwise directed by the court having jurisdiction thereof or by the document that is the source of authority, a trustee, executor, administrator, guardian or one acting in any other fiduciary capacity may, in addition to any other investment powers, invest trust funds in warrants issued under the provisions of this article.

(Acts 1973, No. 1128, p. 1901, §6.)

Last modified: May 3, 2021