Alabama Statutes
§ 23-1-170 — Purpose and Construction of Article
Alabama·Title 23 Highways, Roads, Bridges and Ferries·Ch. 1 Alabama Highways·Art. 7 Alabama Highway Finance Corporation
It is the intention of the Legislature by the passage of this article to authorize the incorporation of a public corporation for the following purposes:
(1)To issue bonds to assure the availability of funds for payment of the state’s share of the cost of constructing roads and bridges as shall from time to time be constructed with funds supplied jointly by the state and federal government; and
(2)To construct and maintain, or participate in the construction and maintenance, or lend its aid in construction and maintenance or contract for construction and maintenance of roads and bridges in the State of Alabama, as well as the approaches thereto, including the reconstruction and relocating of approaches, causeways and like or other highway facilities which may, from time to time, be constr
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Legislative History
(Acts 1965, No. 228, p. 327, §1.)
Nearby Sections
15
§ 23-1-100
“Captive County” Defined§ 23-1-107
Effective Date§ 23-1-110
Purpose of Article§ 23-1-111
Designation§ 23-1-112
Maintenance and Repair - Responsibility§ 23-1-130
Establishment