Home/Alabama/Statutes/Title 11: Counties and Municipal Corporations/Ch. 81: Municipal and County Bonds/Art. 8: Property Insurance and Energy Reduction Act of Alabama/§ 11-81-247
Alabama Statutes

§ 11-81-247 — Loss Reserve Fund

Alabama·Title 11 Counties and Municipal Corporations·Ch. 81 Municipal and County Bonds·Art. 8 Property Insurance and Energy Reduction Act of Alabama
A local government, combination of local governments, the State or designee, may establish a loss reserve fund. The loss reserve fund may be established for the purposes of paying delinquent assessments caused by the failure of a real property owner to fulfill their obligations under an assessment.

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Alabama § 11-81-247 (Loss Reserve Fund) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

(Act 2015-494, §8.)

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
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