The governing body of any county or municipality within this state may invest any idle or surplus money held in its treasury in bonds of the authority.
Structure Code of Alabama
Title 11 - Counties and Municipal Corporations.
Title 2 - Provisions Applicable to Municipal Corporations Only.
Chapter 61A - Municipal Parking Authority.
Section 11-61A-1 - Declarations.
Section 11-61A-2 - Definitions.
Section 11-61A-3 - Application for Permission to Incorporate.
Section 11-61A-4 - Certificate of Incorporation.
Section 11-61A-5 - Attachments to Certificate.
Section 11-61A-6 - Changes and Amendments.
Section 11-61A-7 - Board of Directors.
Section 11-61A-10 - Operation of the Facility.
Section 11-61A-12 - Permitted Activities.
Section 11-61A-14 - Signature on Bonds.
Section 11-61A-15 - Issuance of Bonds.
Section 11-61A-16 - Proceeds From Sale of Bonds.
Section 11-61A-17 - Refunding Bonds.
Section 11-61A-18 - Tax Exemption.
Section 11-61A-19 - Investment by Governing Body.
Section 11-61A-20 - Bonds Deemed Legal Investment.
Section 11-61A-21 - Publication of Notice.
Section 11-61A-22 - Advertising and Award Laws Are Applicable.