Section 22-21-147

Published: 2015

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Section 22-21-147

Section 22-21-147Bonds - Legal investment - Municipal funds.

The governing body is authorized, in its discretion, to invest in bonds of the authority any idle or surplus money held in the treasury of the municipality which is not otherwise earmarked or pledged.

(Acts 1961, No. 109, p. 134, §22.)