Alabama § 41-10-62 Liability Upon Bonds, Debts, Agreements, Etc., of Authority

Alabama Statutes

§ 41-10-62 — Liability Upon Bonds, Debts, Agreements, Etc., of Authority

Alabama § 41-10-62

Title 41State Government

Ch. 10Authorities

Art. 3Southern Products Mart Authority

This text of Alabama § 41-10-62 (Liability Upon Bonds, Debts, Agreements, Etc., of Authority) 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 § 41-10-62 (2026).

Text

All debts assumed or created by the authority and all bonds issued by it shall be solely and exclusively obligations of the authority and shall not be obligations or debts of the State of Alabama. All contracts and agreements made by the authority pursuant to the provisions of this article shall be solely and exclusively obligations of the authority and shall not be obligations of the State of Alabama.

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All debts assumed or created by the authority and all bonds issued by it shall be solely and exclusively obligations of the authority and shall not be obligations or debts of the State of Alabama. All contracts and agreements made by the authority pursuant to the provisions of this article shall be solely and exclusively obligations of the authority and shall not be obligations of the State of Alabama.