Alabama Const. art. XII, § 226

Alabama Constitution

Article XII, § 226 — Indebtedness of Municipal Corporations - Municipal Corporations Whose Present Indebtedness Exceeds Constitutional Limitation; Exception as to Sheffield and Tuscumbia

Alabama Const. art. XII, § 226 (Indebtedness of Municipal Corporations - Municipal Corporations Whose Present Indebtedness Exceeds Constitutional Limitation; Exception as to Sheffield and Tuscumbia) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

JurisdictionAlabama DocumentConstitution

ArticleXII

Section§ 226

CitationAlabama Const. art. XII, § 226

Bluebook

Ala. Const. art. XII, § 226.

Full Text

No city, town, or village, whose present indebtedness exceeds the limitation imposed by this Constitution, shall be allowed to become indebted in any further amount, except as otherwise provided in this Constitution, until such indebtedness shall be reduced within such limit; provided, however, that nothing herein contained shall prevent any municipality, except the city of Gadsden, from issuing bonds already authorized by law; provided, further, that this section shall not apply to the cities of Sheffield and Tuscumbia.

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No city, town, or village, whose present indebtedness exceeds the limitation imposed by this Constitution, shall be allowed to become indebted in any further amount, except as otherwise provided in this Constitution, until such indebtedness shall be reduced within such limit; provided, however, that nothing herein contained shall prevent any municipality, except the city of Gadsden, from issuing bonds already authorized by law; provided, further, that this section shall not apply to the cities of Sheffield and Tuscumbia.