Alabama Statutes

§ 23-7-25 — Limitation on Amendments

Alabama § 23-7-25

JurisdictionAlabama

Title 23Highways, Roads, Bridges and Ferries

Ch. 7Alabama Transportation Infrastructure Bank Act

This text of Alabama § 23-7-25 (Limitation on Amendments) 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 § 23-7-25 (2026).

Text

Subsequent amendments to this chapter may not limit the rights vested in the bank with respect to any agreements made with, or remedies available to, the holders of bonds issued under this chapter before the enactment of the amendments until the bonds, with all premiums and interest on them, and all costs and expenses in connection with any proceeding by or on behalf of the holders, are fully met and discharged.

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Subsequent amendments to this chapter may not limit the rights vested in the bank with respect to any agreements made with, or remedies available to, the holders of bonds issued under this chapter before the enactment of the amendments until the bonds, with all premiums and interest on them, and all costs and expenses in connection with any proceeding by or on behalf of the holders, are fully met and discharged.

Legislative History

(Act 2015-50, §25.)

Nearby Sections

15

§ 23-1-1

Contracts and Regulations Relative to Federal Assistance

§ 23-1-10

“Blue Reflective Markers” and “Fire/Water Hydrant” Defined; Purpose and Installation of Blue Reflective Markers

§ 23-1-100

“Captive County” Defined

§ 23-1-101

Powers and Duties of County Commissions of Captive Counties as to Construction, Repair, and Maintenance of County Roads and Bridges Generally

§ 23-1-102

Transfer to Counties of Unexpended Funds Maintained by State Department of Transportation; Payment to Counties of Tax Proceeds, Federal Aid Accruals, Etc

§ 23-1-103

Transfer to Counties by State Department of Transportation of Facilities and Properties for Construction, Repair, and Maintenance of Roads; Resolution of Disputes as to Transfers

§ 23-1-104

Furnishing of Counties with Lists of Persons Employed by State Department of Transportation Therein; Employment by Counties of Persons on Lists; Employment Status of Other Persons Employed by Department in Counties; Liability for Accumulated Obligations Due and Payable to Present Employees of Department; Payment by Department of Accumulated Sick Leave of Transferred Employee

§ 23-1-105

Effect of Article Upon Contracts for Construction, Repair and Maintenance of County Roads and Bridges Entered into by State Department of Transportation

§ 23-1-106

Effect of Article Upon Outstanding Financial Obligations Incurred by Counties; Disposition of Funds Received by State from Counties for Road and Bridge Work Therein

§ 23-1-107

§ 23-1-110

Purpose of Article

§ 23-1-111

§ 23-1-112

Maintenance and Repair - Responsibility

§ 23-1-113

Maintenance and Repair - Stipulations and Conditions

§ 23-1-130

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Bluebook (online)

Alabama § 23-7-25, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/23-7-25.