Investment of Trust Funds in Warrants

Ala. Code § 22-27-25 — under Title 22.

Ala. Code § 22-27-25

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 article.

History: (Acts 1971, No. 1197, p. 2068, §6.)