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 division. (Acts 1973, No. 1092, p. 1855, §6.)
Warrants to Be Legal Investments for Trust Funds
Ala. Code § 40-7-95, under County Bonds for Purpose of Paying Costs of Reappraisal.
Ala. Code § 40-7-95