Alabama § 41-10-554 No Notice, Approval, Public Hearing, Etc., Required for Issuance of Obligations

Alabama Statutes

§ 41-10-554 — No Notice, Approval, Public Hearing, Etc., Required for Issuance of Obligations

Alabama § 41-10-554

JurisdictionAlabama

Title 41State Government

Ch. 10Authorities

Art. 16Alabama Incentives Financing Authority

Div. 1General Provisions

This text of Alabama § 41-10-554 (No Notice, Approval, Public Hearing, Etc., Required for Issuance of Obligations) 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 § 41-10-554 (2026).

Text

Except as may be expressly provided in this division, no proceeding, notice, or approval shall be required for the issuance of any authority obligations, the execution of any mortgage and deed of trust, trust indenture, or other document, or the exercise of any other of the powers of the authority. Neither a public hearing nor the consent of the Department of Finance shall be prerequisite to the issuance of authority obligations by the authority.

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Except as may be expressly provided in this division, no proceeding, notice, or approval shall be required for the issuance of any authority obligations, the execution of any mortgage and deed of trust, trust indenture, or other document, or the exercise of any other of the powers of the authority. Neither a public hearing nor the consent of the Department of Finance shall be prerequisite to the issuance of authority obligations by the authority.