Alabama § 41-10-31 Payment of Principal and Interest on Bonds and Maintenance of Records Pertaining Thereto by State Treasurer

Alabama Statutes

§ 41-10-31 — Payment of Principal and Interest on Bonds and Maintenance of Records Pertaining Thereto by State Treasurer

Alabama·Title 41 State Government·Ch. 10 Authorities·Art. 2 Industrial Development Authority·Div. 1 General Provisions

Out of the revenues appropriated and pledged in Section 41-10-30, the State Treasurer is hereby authorized and directed to pay the principal of and interest on the bonds issued by the authority under the provisions of this article, as said principal and interest shall respectively mature, and the State Treasurer is further authorized and directed to set up and maintain appropriate records pertaining thereto.

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Out of the revenues appropriated and pledged in Section 41-10-30, the State Treasurer is hereby authorized and directed to pay the principal of and interest on the bonds issued by the authority under the provisions of this article, as said principal and interest shall respectively mature, and the State Treasurer is further authorized and directed to set up and maintain appropriate records pertaining thereto.

Alabama § 41-10-31 (Payment of Principal and Interest on Bonds and Maintenance of Records Pertaining Thereto by State Treasurer) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.