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Alabama · Through Act 2026-611

Ala. Code § 11-85-106: Bonds - Issuance and Sale.

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Where this section sits in the code
  1. Title 11 Counties and Municipal Corporations.
  2. Title 3 Provisions Applicable to Counties and Municipal Corporations.
  3. Chapter 85 Regional Planning and Development.
  4. Article 6 Alabama Revolving Loan Fund Authority.

The authority is authorized to sell and issue its bonds in the aggregate principal amount of twenty-four million dollars ($24,000,000) for the purpose of making grants to the twelve regional planning and development commissions, which shall be utilized by the grantees as revolving loan funds.

Collected 2026-09-03T14:01:52Z. Source file · JSON

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