Alabama · Through Act 2026-611

Ala. Code § 11-47-227: Construction of Bonds as Negotiable Instruments.

Where this section sits in the code

Title 11 Counties and Municipal Corporations.
Title 2 Provisions Applicable to Municipal Corporations Only.
Chapter 47 Powers, Duties and Liabilities Generally.
Article 9 Parks, Playgrounds, and Other Recreational and Athletic Areas and Facilities.

Bonds issued by an authority shall be construed to be negotiable instruments although payable solely from a specified or limited source.

Collected 2026-09-03T14:01:51Z. Source file · JSON