Alabama Statutes

§ 33-17-9 — Contracts

Alabama § 33-17-9
JurisdictionAlabama
Title 33Navigation and Watercourses
Ch. 17Tombigbee Valley Development Authority

This text of Alabama § 33-17-9 (Contracts) 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 § 33-17-9 (2026).

Text

The aggregate monetary obligation that the authority may incur in connection with its contracts shall not at any time exceed the sum of

(1)Any uncommitted or unencumbered moneys then appropriated to the authority by the Legislature, and
(2)Any uncommitted or unencumbered proceeds of bonds available or to become available from bonds then authorized by the authority and approved by the Governor pursuant to Section 33-17-12. No contract involving the expenditure of money, whether now or later, shall be approved or ratified by the board of directors unless the resolution approving or ratifying the same shall include a determination that there will be compliance with the preceding limitation when the amount of the obligation of the contract in question has been added to the already existing o

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Legislative History

(Acts 1967, No. 264, p. 746, §9.)

Nearby Sections

15
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Bluebook (online)
Alabama § 33-17-9, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/33-17-9.