Alabama Statutes
§ 41-10-280 — Bonds Constitute Negotiable Instruments; Registration of Transfers
All bonds (and income therefrom) issued by the authority shall be construed to be negotiable instruments subject to the registration provisions pertaining to transfers, even though they are payable from a limited source.
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Alabama § 41-10-280 (Bonds Constitute Negotiable Instruments; Registration of Transfers) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
(Acts 1986, No. 86-420, p. 627, §21.)