{"data":{"id":"us-al/ala.-code-11-99a-36","jurisdiction":"us-al","citation":"Ala. Code § 11-99A-36","heading":"Pledge of Assessments to Bonds.","body":"Assessments may be pledged to an issue of bonds, and if pledged, the pledge shall be deemed a perfected, first claim by the bondholders, or trustee on behalf of the bondholders, against the assessments, regardless of compliance with the terms of Article 9 of Title 7, the Alabama Uniform Commercial Code, or any other public notice or filing. However, nothing herein shall prevent the filing of a financing statement under Article 9 of Title 7, the Alabama Uniform Commercial Code, and a filing shall not constitute an election to perfect only in accordance with Article 9 of Title 7.","path":["Title 11 Counties and Municipal Corporations.","Title 3 Provisions Applicable to Counties and Municipal Corporations.","Chapter 99A Alabama Improvement Districts."],"source_url":"https://alison.legislature.state.al.us/code-of-alabama?section=11-99A-36","current_through":"Act 2026-611","vintage":"","retrieved_at":"2026-09-03T14:01:52Z","sha256":"3100b436e9ccf7b6757eaeaab2e9be72782002f7e03b5a9813378754bb4d77cc","source_id":"us-al","stale":false,"prev":"us-al/ala.-code-11-99a-35","next":"us-al/ala.-code-11-99a-37"},"notice":"GroundRules: Original legal text. Not legal advice."}