{"data":{"id":"us-al/ala.-code-11-50a-23","jurisdiction":"us-al","citation":"Ala. Code § 11-50A-23","heading":"Trust Funds.","body":"All funds received by the authority pursuant to this chapter, whether as proceeds from the sale of bonds, bond anticipation notes or notes or as revenues, fees, tolls, or other charges, or as gifts, grants, or other contributions, shall be deemed to be trust funds to be held and applied solely as provided in this chapter or in any bond resolution, trust agreement or indenture authorized herein.","path":["Title 11 Counties and Municipal Corporations.","Title 2 Provisions Applicable to Municipal Corporations Only.","Chapter 50A Municipal Electric Authority."],"source_url":"https://alison.legislature.state.al.us/code-of-alabama?section=11-50A-23","current_through":"Act 2026-611","vintage":"","retrieved_at":"2026-09-03T14:01:51Z","sha256":"500bd52b6da7db3c7575f0d8fe3cae4876fe0b7a0bb3bc14a5bfc10292310553","source_id":"us-al","stale":false,"prev":"us-al/ala.-code-11-50a-22","next":"us-al/ala.-code-11-50a-24"},"notice":"GroundRules: Original legal text. Not legal advice."}