Alabama § 11-11B-7 Issuance of Securities Exempt from Supervision and Control

Alabama Statutes

§ 11-11B-7 — Issuance of Securities Exempt from Supervision and Control

Alabama § 11-11B-7

Title 11Counties and Municipal Corporations

Ch. 11BSecurities Issued in Anticipation of Grants

This text of Alabama § 11-11B-7 (Issuance of Securities Exempt from Supervision and Control) is published on Counsel Stack Legal Research, covering Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ala. Code § 11-11B-7 (2026).

Text

No proceeding, notice or approval shall be required for the issuance of any securities under this chapter. Neither a public hearing nor the consent of the state department of finance shall be a prerequisite to the issuance of any securities under this chapter.
The provisions of Chapter 8, Title 11 shall not apply to any securities issued under authority of this chapter or to any county or public corporation issuing such securities.

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No proceeding, notice or approval shall be required for the issuance of any securities under this chapter. Neither a public hearing nor the consent of the state department of finance shall be a prerequisite to the issuance of any securities under this chapter.
The provisions of Chapter 8, Title 11 shall not apply to any securities issued under authority of this chapter or to any county or public corporation issuing such securities.