Code of Alabama - Title 45: Local Laws - Section 45-11-245.14 - Pledge or assignment of taxes by Chilton County Health Care Authority

Section 45-11-245.14 - Pledge or assignment of taxes by Chilton County Health Care Authority.

Any pledge or assignment of the taxes herein authorized (or the taxes authorized, or attempted to be authorized, by Act No. 2014-162 or Act No. 2014-422) made by The Chilton County Health Care Authority prior to the adoption of the authorizing resolution for the benefit of bonds or other indebtedness issued or incurred by The Chilton County Health Care Authority for purposes authorized by this part shall be deemed to be a pledge and assignment of the taxes herein authorized, shall remain in full force and effect and shall not be terminated except in accordance with the terms and conditions of such pledge and assignment.

(Act 2019-92, §15.)

Last modified: May 3, 2021