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Alabama · Through Act 2026-611

Ala. Code § 11-85-108: Appropriation and Pledge of Funds for Authority Obligations.

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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.

For the purpose of providing funds to enable the authority to pay at their respective maturities the principal of and interest on any bonds issued by it under this article and to accomplish the objects of this article, there is hereby irrevocably pledged to these purposes, and hereby appropriated the amount that may be necessary for those purposes from the receipts from the privilege or license tax on providers of cellular radio telecommunication services levied in Section 40-21-121.

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

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