Alabama § 22-34-10 Refunding Bonds

Alabama Statutes

§ 22-34-10 — Refunding Bonds

Alabama § 22-34-10

Title 22Health, Mental Health, and Environmental Control

Ch. 34Water Pollution Control Authority

This text of Alabama § 22-34-10 (Refunding Bonds) 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 § 22-34-10 (2026).

Text

The authority may from time to time issue and sell its refunding bonds for the purpose of refunding any matured or unmatured bonds of the authority at the time outstanding and any premiums necessary to be paid to redeem any bonds so to be refunded. The holders of such refunding bonds shall be subrogated and entitled to all priorities, rights and pledges to which the bonds refunded thereby were entitled.

Free access — add to your briefcase to read the full text and ask questions with AI

The authority may from time to time issue and sell its refunding bonds for the purpose of refunding any matured or unmatured bonds of the authority at the time outstanding and any premiums necessary to be paid to redeem any bonds so to be refunded. The holders of such refunding bonds shall be subrogated and entitled to all priorities, rights and pledges to which the bonds refunded thereby were entitled.