Alabama Statutes
§ 11-88-108 — Redemption of Bonds
Alabama·Title 11 Counties and Municipal Corporations·Ch. 88 Water, Sewer and Fire Protection Authorities·Art. 2 Construction of Sewage Treatment or Disposal Plants, Etc., in Resort Areas by Authorities
At a time when the amount of any particular fund shall, with its accumulations, equal the amount of any one of the outstanding bonds and accrued interest entitled to payment out of such fund, the board shall have authority to redeem any and all such bonds that may be presented for redemption at such times thereafter as the holders thereof may desire to present the same for redemption.
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Alabama § 11-88-108 (Redemption of Bonds) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
(Acts 1973, No. 826, p. 1293, §69.)
Nearby Sections
15
§ 11-1-1
Number and Names of Counties§ 11-1-2
County Declared a Body Corporate