Investment Status of Contracts

Ala. Code § 41-16A-8 — under Title 41.

Ala. Code § 41-16A-8

Alternative financing contracts or any interest therein shall be a legal and authorized investment for banks, savings and loan associations, insurance companies, fiduciaries, and trustees.

History: (Acts 1993, No. 93-261, p. 389, §8.)