Ala. Code § 14-2-18
This is the official text of Ala. Code § 14-2-18, part of Alabama’s Code — part of the compiled statutory law of Alabama, published by the state as "Code." Browse the sections below, each linked to its official government source.
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Section 14-2-18 Bonds - Security for Deposit of Governmental Funds
Official statutory text
Any bonds issued by the authority may be used by the holders thereof as security for deposits of any funds belonging to the state or to any instrumentality, agency or political subdivision of the state in any instance where security for such deposits may be required or permitted by law.
Status: in_force · Read it on the official government site
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