Code of Alabama - Title 45: Local Laws - Section 45-18-90.02 - Issuance of bonds and notes

Section 45-18-90.02 - Issuance of bonds and notes.

The board may issue interest-bearing revenue bonds and notes payable solely out of the revenues of the authority or out of the revenues of any particular facilities and other property of the authority, without regard to the specific facilities and other property with respect to which the bonds and notes may have been issued.

(Act 2005-118, p. 196, §3.)

Last modified: May 3, 2021