Alabama Statutes

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

Alabama·Title 41 State Government·Ch. 16A Governmental Leasing

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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Alabama § 41-16A-10 (Reliance of Grantor Party on Legal Authority of Entity) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

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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