§ 24-1-134 — City or Town May Lend or Donate Money to Housing Authority; Reimbursement

Alabama § 24-1-134

• Jurisdiction: Alabama
• Title 24: Housing
• Ch. 1: Housing Authorities
• Art. 5: Cooperation of Cities, Counties, Etc., with Housing Authorities

Text

Any city or town creating a housing authority shall have the power from time to time to lend or donate money to such authority or to agree to take such action. A housing authority, when it has money available therefor, shall make reimbursements for all such loans made to it.

Legislative History

(Acts 1939, No. 617, p. 986, §1; Code 1940, T. 25, §4(1).)