Section 41-10-362 Exemption from Taxation of Bonds and Income of Authority; Use of Bonds as Security for Deposits of State Funds; Investment of Trust Funds in Bonds.
The bonds and their income are exempt from state taxation, and the bonds may be used as security for certain state-related deposits. Fiduciaries may also invest trust funds in the bonds unless a court or governing document says otherwise.
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 41-10-362 Exemption from Taxation of Bonds and Income of Authority; Use of Bonds as Security for Deposits of State Funds; Investment of Trust Funds in Bonds.
Sign in to ask AI about this statute
Sign in to start authenticated, citation-grounded statute research.
Sign in