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 chapter.
Structure Code of Alabama
Title 11 - Counties and Municipal Corporations.
Title 1 - Provisions Applicable to Counties Only.
Chapter 28 - Warrants for Public Construction.
Section 11-28-1 - Legislative Intent.
Section 11-28-1.1 - Definitions.
Section 11-28-2 - Authorization of Issuance of Warrants.
Section 11-28-3 - Special Pledges.
Section 11-28-4 - Authorization of Refunding Warrants.
Section 11-28-5 - Warrants to Be Legal Investments for Trust Funds.
Section 11-28-6 - Issuance of Warrants Constitutes Audit and Allowance of Claim.