{"data":{"id":"us-al/ala.-code-11-50-11","jurisdiction":"us-al","citation":"Ala. Code § 11-50-11","heading":"Provision in Mortgages or Deeds of Trust as to Disposition of Revenues, Etc., from Plants, Rates, and Charges, Etc.","body":"Such mortgages or deeds of trust hereby authorized may provide that during the ownership of the plant or system by the municipality, its control of the service of the system or systems shall not be diminished or interfered with by the grant of any other franchise for the operation of any other plant or system for similar purposes and that such rates and charges shall be established and maintained sufficient to meet the costs of operation and maintenance; and such cities or towns may pledge all of the receipts, earnings, and revenues from the operation of any and all of such plants for the payments of the debts, bonds, or other evidences secured by such mortgages or deeds of trust.","path":["Title 11 Counties and Municipal Corporations.","Title 2 Provisions Applicable to Municipal Corporations Only.","Chapter 50 Public Utilities.","Article 1 General Provisions."],"source_url":"https://alison.legislature.state.al.us/code-of-alabama?section=11-50-11","current_through":"Act 2026-611","vintage":"","retrieved_at":"2026-09-03T14:01:51Z","sha256":"837336f598879ba39dfee56a6b0f0a168fc29293a3c774e6e506ca05c25b8037","source_id":"us-al","stale":false,"prev":"us-al/ala.-code-11-50-10","next":"us-al/ala.-code-11-50-12"},"notice":"GroundRules: Original legal text. Not legal advice."}
