Alabama § 40-7-94 Authorization to Issue Refunding Warrants

Alabama Statutes

§ 40-7-94 — Authorization to Issue Refunding Warrants

Alabama § 40-7-94

JurisdictionAlabama

Title 40Revenue and Taxation

Ch. 7Assessment of Taxes Generally

Art. 2Statewide Property Reappraisal

Div. 2County Bonds for Purpose of Paying Costs of Reappraisal

This text of Alabama § 40-7-94 (Authorization to Issue Refunding Warrants) 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 § 40-7-94 (2026).

Text

Each such county may in like manner from time to time issue refunding warrants, either by sale or by exchange, for the purpose of refunding a like or greater principal amount of warrants then outstanding which were issued under the provisions of this division and the interest thereon and paying any premium necessary to be paid to retire the outstanding warrants refunded thereby. The provisions of this division applicable to the warrants so refunded shall likewise be applicable to such refunding warrants.

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Each such county may in like manner from time to time issue refunding warrants, either by sale or by exchange, for the purpose of refunding a like or greater principal amount of warrants then outstanding which were issued under the provisions of this division and the interest thereon and paying any premium necessary to be paid to retire the outstanding warrants refunded thereby. The provisions of this division applicable to the warrants so refunded shall likewise be applicable to such refunding warrants.