Code of Alabama - Title 16: Education - Section 16-16-17 - Swap agreements

Section 16-16-17 - Swap agreements.

Notwithstanding any other provision of law, including without limitation Article 3 of Chapter 1 of Title 41, the Public School and College Authority shall not enter into any swap agreement involving the bonds authorized to be issued by Act 2010-731 or Act 2009-813. For purposes of the preceding sentence, swap agreement shall have the same meaning as provided in Section 41-1-41.

(Act 2010-731, p. 1841, §3.)

Last modified: May 3, 2021