Ala. Code § 11-85-106: Bonds - Issuance and Sale.
Where this section sits in the code
- Title 11 Counties and Municipal Corporations.
- Title 3 Provisions Applicable to Counties and Municipal Corporations.
- Chapter 85 Regional Planning and Development.
- 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