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.
Structure Code of Alabama
Title 11 - Counties and Municipal Corporations.
Title 1 - Provisions Applicable to Counties Only.
Chapter 9 - Warrants for Utility Purposes.
Article 2 - Waterworks Systems Warrants.
Section 11-9-20 - Definitions.
Section 11-9-21 - Legislative Intent; Construction of Article.
Section 11-9-23 - Special Pledges for Payment of Principal and Interest.
Section 11-9-24 - Issuance of Refunding Warrants.
Section 11-9-25 - Investment of Trust Funds in Warrants.
Section 11-9-26 - Issuance of Warrants Deemed to Constitute Audit and Allowance of Claim.
Section 11-9-27 - Exemptions From Usury or Interest Rate Statutes.
Section 11-9-28 - Provisions of Article Controlling; Applicability of Provisions of Section 11-8-10.