Ala. Code § 41-10-98: Proceeds of Bonds Not to Be Used for Payment of Fees, Commissions, Etc., for Services in Sale, Issuance, Execution, Etc., of Bonds; Maximum Amount Payable to Attorneys for Services Rendered.
Where this section sits in the code
- Title 41 State Government.
- Chapter 10 Authorities.
- Article 4 State Products Mart and Coliseum Authorities.
No part of any of the proceeds of the bonds provided for herein shall be used for the payment of fees, commission, expense, salary, or other remuneration to any fiscal agent, person, firm, or corporation for services in the sale, issuance, execution or refunding of the bonds provided for in this article, and the total attorneys’ fees which may be paid for services rendered to the authority shall not exceed one half of one percent of the face amount of the bonds issued under the provisions of this article.
Collected 2026-09-03T14:01:51Z. Source file · JSON