Alabama · Through Act 2026-611

Ala. Code § 11-81-251: Restriction on Public Funding.

Where this section sits in the code

Title 11 Counties and Municipal Corporations.
Title 3 Provisions Applicable to Counties and Municipal Corporations.
Chapter 81 Municipal and County Bonds.
Article 8 Property Insurance Reduction and Capital Expenditure Act of Alabama.

Public funds from the state or any local government shall not be used to fund or repay a loan between a capital provider and a qualifying property owner. A state or local government shall not pledge, offer, or encumber its full faith and credit for a lien amount through a property insurance reduction and capital expenditure program.

Collected 2026-09-03T14:01:54Z. Source file · JSON

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