Bonds issued under the provisions of this article shall be legal investments for savings banks and insurance companies organized under the laws of this state.
Structure Code of Alabama
Title 11 - Counties and Municipal Corporations.
Title 2 - Provisions Applicable to Municipal Corporations Only.
Chapter 54 - Promotion of Industry, Trade, Commerce and Pollution Control.
Section 11-54-20 - Definitions.
Section 11-54-21 - Legislative Intent; Construction of Article Generally.
Section 11-54-23 - Requirements as to Leasing of Projects.
Section 11-54-25 - Bonds - Security for Payment of Principal and Interest; Remedies Upon Default.
Section 11-54-26 - Bonds - Disposition of Proceeds From Sale.
Section 11-54-27 - Refunding Bonds.
Section 11-54-29 - Investment in Bonds by Savings Banks and Insurance Companies.
Section 11-54-31 - Exemption From Taxation of Projects, Bonds, Etc.