Bonds issued under the provisions of this article shall be legal investments for saving banks and insurance companies organized under the laws of the state. (Acts 1979, No. 79-722, p. 1277, §10.)
Bonds Made Legal Investments
Ala. Code § 11-54-149, under Acquisition, Etc., of Projects for Promotion of Hotel Services and Other Businesses Generally in Certain Municipalities.
Ala. Code § 11-54-149