Section 41-10-367 Investment of Surplus Proceeds from Sale of Bonds; Disbursement of Income Derived from Such Investments. — United States — Alabama law | Esheria

Section 41-10-367 Investment of Surplus Proceeds from Sale of Bonds; Disbursement of Income Derived from Such Investments.

Bond proceeds not currently needed must be invested by the State Treasurer on the authority’s order, and the resulting income must be disbursed for lawful purposes.

AI-assisted research synopsis — verify against the official legal text below.

Jurisdiction
United States — Alabama
Instrument
Act or statute
Version
Undated source snapshot
Language
en
Official source
View official record ↗
disbursement of investment income investment of bond proceeds

Publicly available, excluded from search-engine indexing

This page remains available for direct access and API use, but this release emits noindex,follow for the following reason:

  • The record does not meet this release's canonical indexing criteria. (market-indexing-disabled)

Statute overview

About this statute

This page preserves the statute’s identified version, provision structure, official source link, and stored legal text for reading and research.