Code of Alabama - Title 41: State Government - Section 41-10-465 - Bonds constitute negotiable instruments

Section 41-10-465 - Bonds constitute negotiable instruments.

All bonds issued by the authority shall be construed to have all the qualities and incidents of negotiable instruments subject to the registration provisions pertaining to transfers.

(Acts 1990, No. 90-602, p. 1079, §16.)

Last modified: May 3, 2021