Alabama Statutes

§ 41-10-320 — Bonds and Coupons Deemed Negotiable Instruments

Alabama § 41-10-320
JurisdictionAlabama
Title 41State Government
Ch. 10Authorities
Art. 10Alabama Space Science Exhibit Finance Authority

This text of Alabama § 41-10-320 (Bonds and Coupons Deemed Negotiable Instruments) 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 § 41-10-320 (2026).

Text

All bonds issued by the authority, while not registered, shall be construed to be negotiable instruments even though they are payable from a limited source. All coupons applicable to any bonds issued by the authority, while the applicable bonds are not registered as to both principal and interest, shall likewise be construed to be negotiable instruments although payable from a limited source

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Legislative History

(Acts 1986, No. 86-546, p. 1093, §21.)

Nearby Sections

15
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Bluebook (online)
Alabama § 41-10-320, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/41-10-320.