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Alabama · Through Act 2026-611

Ala. Code § 41-10-62: Liability Upon Bonds, Debts, Agreements, Etc., of Authority.

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Where this section sits in the code
  1. Title 41 State Government.
  2. Chapter 10 Authorities.
  3. Article 3 Southern Products Mart Authority.

All debts assumed or created by the authority and all bonds issued by it shall be solely and exclusively obligations of the authority and shall not be obligations or debts of the State of Alabama. All contracts and agreements made by the authority pursuant to the provisions of this article shall be solely and exclusively obligations of the authority and shall not be obligations of the State of Alabama.

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

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