Alabama Code 27-41-7. Particular investments – Bonds, notes, etc., of United States
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Terms Used In Alabama Code 27-41-7
- United States: includes the territories thereof and the District of Columbia. See Alabama Code 1-1-1
An insurer may invest in bonds, notes, warrants, debentures, and other evidences of indebtedness which are direct obligations of the United States of America for which the full faith and credit of the United States of America is pledged for the payment of principal and interest.