Code of Alabama - Title 41: State Government - Section 41-10-281 - Obligations not debt of state

Section 41-10-281 - Obligations not debt of state.

All contracts made, obligations incurred and bonds issued by the authority shall be solely and exclusively obligations of the authority and shall not create obligations or debts of the state.

(Acts 1986, No. 86-420, p. 627, §22.)

Last modified: May 3, 2021