Alabama Statutes

§ 11-47-227 — Construction of Bonds as Negotiable Instruments

Alabama·Title 11 Counties and Municipal Corporations·Ch. 47 Powers, Duties and Liabilities Generally·Art. 9 Parks, Playgrounds, and Other Recreational and Athletic Areas and Facilities

Bonds issued by an authority shall be construed to be negotiable instruments although payable solely from a specified or limited source.

Free access — add to your briefcase to read the full text and ask questions with AI

Alabama § 11-47-227 (Construction of Bonds as Negotiable Instruments) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

(Acts 1996, No. 96-320, p. 361, §9.)

Nearby Sections

15

§ 11-1-1

Number and Names of Counties

§ 11-1-10

Contracts with Federal, State, and Other County Governments

§ 11-1-11

Payment of Membership Fees in State Organizations, Etc., for Sheriffs, Tax Assessors, Tax Collectors, Circuit Clerks and Registers, License Commissioners, Etc

§ 11-1-12

Preparation, Etc., of County Assessment Maps or Plats

§ 11-1-13

Alteration, Etc., of Precinct or Beat Lines or Creation of New Precincts or Beats

§ 11-1-14

Provision of Voting Places Where Precinct or Beat Lines Altered, Etc., or New Precincts or Beats Created

§ 11-1-15

Authority to Join National and State Association of County Commissions

§ 11-1-16

Warrants for Borrowing Purposes - Execution

§ 11-1-17

Warrants for Borrowing Purposes - Form of Warrants, Refunding Warrants, Coupons, Etc

§ 11-1-2

County Declared a Body Corporate

§ 11-1-3

Jurisdiction Over Navigable Streams Not Within Limits of Any County; Execution of Process on Said Streams

§ 11-1-5

Uniform Designation for County Governing Bodies

§ 11-1-6

Transfer of Money Erroneously Paid into County Treasury, Etc., to State Treasury

§ 11-1-7

Appointment and Use of Public Depositories; Liability

§ 11-1-8

Closing of County Offices on Legal Holidays and for Special Circumstances; Deadlines Extended for Filing Documents

View on official source ↗