Section 23-1-315 Investment of Funds; Pledge of Interest from Investments.
Funds from these obligations must be invested in U.S. obligations, certain certificates of deposit, or fully collateralized investment arrangements, and the authority may pledge the earned interest to repay the obligations.
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- United States — Alabama
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- en
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bond proceeds collateralized investments investment of public funds
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Section 23-1-315 Investment of Funds; Pledge of Interest from Investments.
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