Alabama Code 45-37A-56.39. Investment in bonds
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Terms Used In Alabama Code 45-37A-56.39
- state: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Alabama Code 1-1-1
The governing body of any county, city, or town within this state is authorized in its discretion to invest in bonds of the authority any idle or surplus money held in its treasury.