Section 24-1-114 Bonds and other obligations of authorities legal investments. - Alabama Statutes

Section 24-1-114

Bonds and other obligations of authorities legal investments.

The bonds and other obligations issued by any housing authority pursuant to this article or this chapter shall be security for public deposits and legal investments to the same extent and for the same persons, institutions, associations, corporations, public and private bodies, including all public bodies except counties, and officers as are bonds or other obligations issued pursuant to this chapter.

(Acts 1943, No. 541, p. 512, §13.)