Securities issued by the corporation under the provisions of this article shall be legal investments for fiduciaries investing trust funds and for investments by savings banks, savings and loan associations and insurance companies organized under the laws of the state and shall be eligible to be used as security for the deposit of funds of the state and its instrumentalities.
Structure Code of Alabama
Chapter 6 - Agricultural Center.
Article 4 - Alabama Agricultural Markets and Coliseum Corporation.
Section 2-6-71 - Declaration of Purpose and Legislative Findings.
Section 2-6-72 - Authority and Procedure for Incorporation.
Section 2-6-73 - Certificate of Incorporation; Fees.
Section 2-6-74 - Board of Directors; Officers; Quorum; Compensation; Record of Proceedings.
Section 2-6-75 - Powers of Corporation - Generally.
Section 2-6-76 - Powers of Corporation - Issuance and Sale of Securities.
Section 2-6-77 - Powers of Corporation - Execution of Securities.
Section 2-6-78 - Disposition of Proceeds From Sale of Securities.
Section 2-6-79 - Construction of Market Facility.
Section 2-6-80 - Renovation of Coliseum.
Section 2-6-81 - Refunding Securities.
Section 2-6-82 - State Treasurer to Pay Principal and Interest.
Section 2-6-84 - Securities as Legal Investments.