SEC. 21-33-521. Bonds considered legal investments.
Bonds issued under the provisions of this article shall be legal investments for commercial banks, savings and loan associations and insurance companies organized under the laws of this state.
SOURCES: Laws, 1993, ch. 573, Sec. 11, eff from and after passage (approved April 19, 1993) and shall stand repealed July 1, 1998; reenacted without change, Laws, 1998, Ch. 502, § 11, HB 652, eff July 1, 1998, and shall stand repealed July 1, 2001. Brought forward by Laws 2000, Ch. 459, Sec. 11, HB1545, eff. from and after effectuation under Section 5 of the Voting Rights Act of 1965, as amended and extended.
PREVIOUS VERSIONS: Pre-2000