Ala. Code § 40-7-95

Current through the 2024 Regular Session.
Section 40-7-95 - Warrants to be legal investments for trust funds

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 division.

Ala. Code § 40-7-95 (1975)

Acts 1973, No. 1092, p. 1855, §6.