Alabama Statutes
§ 11-81-189 — Impairment, Etc., of Valid Liens or Contracts Not Authorized by Article
Alabama § 11-81-189
JurisdictionAlabama
Title 11Counties and Municipal Corporations
Ch. 81Municipal and County Bonds
Art. 5Revenue Bonds for Waterworks, Gas, Sewer or Electric Systems
This text of Alabama § 11-81-189 (Impairment, Etc., of Valid Liens or Contracts Not Authorized by Article) 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 § 11-81-189 (2026).
Text
Nothing in this article shall be construed as authorizing any borrower to impair or commit a breach of the obligation of any valid lien or contract created or entered into by it, the intention of this article being to authorize the pledging, setting aside and segregation of gross revenues only where consistent with outstanding obligations of such borrower.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
(Acts 1933, Ex. Sess., No. 102, p. 88; Code 1940, T. 37, §337.)
Nearby Sections
15
§ 11-1-1
Number and Names of Counties§ 11-1-2
County Declared a Body CorporateCite This Page — Counsel Stack
Bluebook (online)
Alabama § 11-81-189, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/11-81-189.