Ala. Code § 45-18-90.09: Contracts with Other Authorities; Grants.

The board may enter into contracts with and accept grants from any other authority organized pursuant to the laws of this state or federal laws. Contracts with or grants from another authority, including, but not limited to, any authority authorized to issue general obligation bonds of this state, shall not constitute the extension of the state’s credit in violation of Amendment No. 58 or any other provision of this constitution or the laws of this state.