Money in funds or accounts of the bank may be invested in permitted investments; provided, the investment of any federal funds shall comply with any applicable federal requirements.
History: (Act 2015-50, p. 173, §14; Act 2018-290, §1.)
Ala. Code § 23-7-14 — under Title 23.
Ala. Code § 23-7-14
Money in funds or accounts of the bank may be invested in permitted investments; provided, the investment of any federal funds shall comply with any applicable federal requirements.
History: (Act 2015-50, p. 173, §14; Act 2018-290, §1.)