Code of Alabama - Title 41: State Government - Section 41-10-466 - Obligations not debt of state

Section 41-10-466 - Obligations not debt of state.

All obligations incurred by the authority and all bonds issued by it shall be solely and exclusively an obligation of the authority and shall not create an obligation or debt of the State of Alabama.

(Acts 1990, No. 90-602, p. 1079, §17.)

Last modified: May 3, 2021