Alabama § 19-3-128 - Debts Incurred Under National Housing Act and Under Acts of Congress Relating to Veterans’ Benefits.
Full text of Alabama Code of Alabama § 19-3-128 — Debts Incurred Under National Housing Act and Under Acts of Congress Relating to Veterans’ Benefits., with citation guidance and answers to common questions.
§ 19-3-128. Debts Incurred Under National Housing Act and Under Acts of Congress Relating to Veterans’ Benefits.
All debts or extensions of credit incurred pursuant to any provision of the act of Congress known as the National Housing Act, as the same now exists or may hereafter be amended or supplemented, and all debts or extensions of credit incurred pursuant to any act of Congress relating to veterans’ benefits, as the same now exists or may hereafter be amended or supplemented, shall be legal investments for banks, insurance companies, savings and loan associations, trustees, fiduciaries of all types and for any other person, firm or corporation, and shall be free from any restrictions of this state as to the nature, forms, or amounts of any loans or investments.
The provisions of this section supersede the provisions of any act defining legal investments in any way contrary to the provisions hereof.
Source: official Alabama text · Last verified 2026-08-27
Frequently Asked Questions About Alabama § 19-3-128
What does Code of Alabama § 19-3-128 cover?
Section 19-3-128 ("Debts Incurred Under National Housing Act and Under Acts of Congress Relating to Veterans’ Benefits.") is part of the Code of Alabama, the codified statutory law of Alabama. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alabama § 19-3-128?
A common citation format is "Code of Alabama § 19-3-128" (Alabama). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alabama law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alabama official source linked on this page or consult a licensed Alabama attorney.
How does Alabama § 19-3-128 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alabama can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alabama.