Authorization of investment of trust funds by executors, trustees, etc., in bonds or stock of private corporations prohibited

Alabama Constitution (January 1901)

Ala. Const. art. IV, s 74 - 74
Permanent Link: http://vlex.com/vid/298858

Id. vLex: VLEX-298858

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Text:

No act of the legislature shall authorize the investment of any trust fund by executors, administrators, guardians, or other trustees in the bonds or stock of any private corporation; and any such acts now existing are avoided, saving investments heretofore made.

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