Alabama Statutes

§ 41-16A-10 — Reliance of Grantor Party on Legal Authority of Entity

Alabama § 41-16A-10

JurisdictionAlabama

Title 41State Government

Ch. 16AGovernmental Leasing

This text of Alabama § 41-16A-10 (Reliance of Grantor Party on Legal Authority of Entity) 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 § 41-16A-10 (2026).

Text

Any grantor party and each person claiming by, through, or under a grantor party may conclusively rely on the legal authority of a governmental entity to enter into an alternative financing contract and to perform the obligations of such governmental entity thereunder.

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Legislative History

(Acts 1993, No. 93-261, p. 389, §10.)

Nearby Sections

15

§ 41-1-1

Sovereignty and Jurisdiction of State; Territorial Waters; Legislative Findings

§ 41-1-10

Section 41-1-9 Deemed Declarative of Existing Law

§ 41-1-11

State Agencies Authorized to Increase Fees in Accordance with the Consumer Price Index

§ 41-1-12

State Agencies Required to Take Certain Measures to Prevent Fraud Before Paying Benefits to Recipients

§ 41-1-13

Use of Central Bank Digital Currency

§ 41-1-14

Authorization to Expend Public Funds for the Purpose of Carrying Out Statutory Duties

§ 41-1-15

Unfair Treatment of Females or Males; Establishment of Certain Single-Sex Spaces or Environments

§ 41-1-2

Maintenance and Defense of State Authority and Jurisdiction

§ 41-1-20

Establishment of Remittance Requirements; Applicability; Payment Procedures

§ 41-1-21

§ 41-1-22

Penalties Waived for Good Faith Attempt

§ 41-1-23

Promulgation of Rules and Regulations

§ 41-1-3

Compromise of Claims in Favor of State

§ 41-1-4

When Bonds of State Payable

§ 41-1-40

Legislative Findings

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Bluebook (online)

Alabama § 41-16A-10, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/41-16A-10.