Alabama § 11-81-27 Mortgages of Public Property for Payment of Debts

Alabama Statutes

§ 11-81-27 — Mortgages of Public Property for Payment of Debts

Alabama § 11-81-27

Title 11Counties and Municipal Corporations

Ch. 81Municipal and County Bonds

Art. 1General Provisions

This text of Alabama § 11-81-27 (Mortgages of Public Property for Payment of Debts) 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 § 11-81-27 (2026).

Text

Any county or municipality of this state may mortgage any public property for the payment of any debt contracted in connection with such mortgaged property either originally or as a renewal, and such mortgage shall be admitted to record in the office of the probate judge of any county of this state without the payment of any tax upon the debt secured thereby or any other fee or charge except the costs of recording the instrument at the rate fixed by law.

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Any county or municipality of this state may mortgage any public property for the payment of any debt contracted in connection with such mortgaged property either originally or as a renewal, and such mortgage shall be admitted to record in the office of the probate judge of any county of this state without the payment of any tax upon the debt secured thereby or any other fee or charge except the costs of recording the instrument at the rate fixed by law.