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 conferred by law and with the exercise of reasonable business prudence, invest trust funds in warrants and certificates of indebtedness 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 1 - Warrants or Certificates of Indebtedness for Sanitary Sewer Systems.
Section 11-9-1 - "Special Sanitary Tax" Defined; Applicability of Provisions of Article.
Section 11-9-3 - Pledges of Special Sanitary Tax for Payment of Principal and Interest.
Section 11-9-4 - Investment of Trust Funds in Warrants or Certificates of Indebtedness.
Section 11-9-5 - Issuance of Refunding Warrants and Certificates of Indebtedness.