Alabama § 33-13-13 Bonds - State Treasurer to Pay Principal and Interest of Bonds; Records

Alabama Statutes

§ 33-13-13 — Bonds - State Treasurer to Pay Principal and Interest of Bonds; Records

Alabama § 33-13-13

Title 33Navigation and Watercourses

Ch. 13Alabama Port Authority

This text of Alabama § 33-13-13 (Bonds - State Treasurer to Pay Principal and Interest of Bonds; Records) 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 § 33-13-13 (2026).

Text

The State Treasurer is authorized and directed to pay the principal of and interest on the bonds (or any bonds issued to refund any of the bonds) at the respective maturities of the said principal and interest, out of the special fund created in Section 33-13-10, and to such extent, if any, as the moneys in the said special fund may be insufficient for such purpose, out of any other funds in the State Treasury. The State Treasurer is further authorized and directed to set up and maintain appropriate records pertaining to payment of the said principal and interest.

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The State Treasurer is authorized and directed to pay the principal of and interest on the bonds (or any bonds issued to refund any of the bonds) at the respective maturities of the said principal and interest, out of the special fund created in Section 33-13-10, and to such extent, if any, as the moneys in the said special fund may be insufficient for such purpose, out of any other funds in the State Treasury. The State Treasurer is further authorized and directed to set up and maintain appropriate records pertaining to payment of the said principal and interest.