Alabama Statutes
§ 11-10-1 — Authorized; Issuance of Certificates Evidencing Loans; Pledge of Uncollected Taxes to Secure Repayment
Alabama·Title 11 Counties and Municipal Corporations·Ch. 10 Making of Loans in Anticipation of Taxes
County commissions, for and in behalf of their respective counties, may make temporary loans in anticipation of the collection of taxes for the year in which such loans are made, and may issue certificates covering such loans and may pledge a sufficient amount of uncollected taxes of the current year to secure the repayment of such loan or loans.
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Alabama § 11-10-1 (Authorized; Issuance of Certificates Evidencing Loans; Pledge of Uncollected Taxes to Secure Repayment) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
(Acts 1915, No. 53, p. 105; Code 1923, §239; Code 1940, T. 12, §124.)
Nearby Sections
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§ 11-1-1
Number and Names of Counties§ 11-1-2
County Declared a Body Corporate