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.
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- United States — Alabama
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- en
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disbursement of investment income investment of bond proceeds
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Section 41-10-367 Investment of Surplus Proceeds from Sale of Bonds; Disbursement of Income Derived from Such Investments.
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