Alabama Statutes
§ 22-21-148 — Bonds - Negotiable Instruments
Alabama § 22-21-148
JurisdictionAlabama
Title 22Health, Mental Health, and Environmental Control
Ch. 21Hospitals and Other Health Care Facilities Generally
Art. 5Municipal Hospital Building Authorities
This text of Alabama § 22-21-148 (Bonds - Negotiable Instruments) 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 § 22-21-148 (2026).
Text
All bonds issued by the authority, while not registered, shall be construed to be negotiable instruments even though they are payable from a limited source. All coupons applicable to any bonds issued by the authority, while the applicable bonds are not registered as to both principal and interest, shall likewise be construed to be negotiable instruments although payable from a limited source.
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Legislative History
(Acts 1961, No. 109, p. 134, §19.)
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Bluebook (online)
Alabama § 22-21-148, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/22-21-148.