Alabama Statutes

§ 23-1-63 — Limitation of Obligations, Etc., Outstanding or Authorized on Inauguration Date of Incoming Governor

Alabama·Title 23 Highways, Roads, Bridges and Ferries·Ch. 1 Alabama Highways·Art. 2 Department of Transportation
The Director of Transportation shall not, on the inauguration date of an incoming Governor, have outstanding obligations, encumbrances, or commitments or shall have authorized the obligating, encumbering, or committing of, except for debt service, any more than seven twenty-fourths of the total estimated revenue available to the State Department of Transportation for the first fiscal year of an incoming state administration.

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Alabama § 23-1-63 (Limitation of Obligations, Etc., Outstanding or Authorized on Inauguration Date of Incoming Governor) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

(Acts 1951, No. 609, p. 1053.)

Nearby Sections

15
§ 23-1-107
Effective Date
§ 23-1-111
Designation
§ 23-1-130
Establishment
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