Section 41-4-11 Use of Funds in Sinking Fund - Sale of Bonds; Reinvestment of Funds; Cancellation of Paid Bonds.
The Department of Finance may sell purchased bonds in trust if the Governor consents and it is in the sinking fund’s best interest, and the proceeds may be held or reinvested while keeping the fund intact for bond retirement at maturity.
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 ↗
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.
Ask AI about this statute
Section 41-4-11 Use of Funds in Sinking Fund - Sale of Bonds; Reinvestment of Funds; Cancellation of Paid Bonds.
Sign in to ask AI about this statute
Sign in to start authenticated, citation-grounded statute research.
Sign in