Alabama Statutes

§ 11-85-106 — Bonds - Issuance and Sale

Alabama § 11-85-106
JurisdictionAlabama
Title 11Counties and Municipal Corporations
Ch. 85Regional Planning and Development
Art. 6Alabama Revolving Loan Fund Authority

This text of Alabama § 11-85-106 (Bonds - Issuance and Sale) 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 § 11-85-106 (2026).

Text

The authority is authorized to sell and issue its bonds in the aggregate principal amount of twenty-four million dollars ($24,000,000) for the purpose of making grants to the twelve regional planning and development commissions, which shall be utilized by the grantees as revolving loan funds.

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Legislative History

(Act 98-195, p. 338, §7; Act 2007-279, p. 378, §1.)

Nearby Sections

15
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Bluebook (online)
Alabama § 11-85-106, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/11-85-106.