Code of Alabama - Title 41: State Government - Section 41-10-101 - Investment in bonds of corporation by savings banks, insurance companies, trustees, etc
Section 41-10-101 - Investment in bonds of corporation by savings banks, insurance companies, trustees, etc.
Bonds issued under the provisions of this article are hereby made legal investments for executors, administrators, trustees and other fiduciaries and for savings banks and insurance companies organized under the laws of the state.