Alabama § 41-9-354 Borrowing of Money from Private Sources, Etc., Authorized Generally; Pledge of Future Revenues from Admissions, Etc., as Security for Repayment of Such Loans

Alabama Statutes

§ 41-9-354 — Borrowing of Money from Private Sources, Etc., Authorized Generally; Pledge of Future Revenues from Admissions, Etc., as Security for Repayment of Such Loans

Alabama·Title 41 State Government·Ch. 9 Boards and Commissions·Art. 11 Uss Alabama Battleship Commission

The commission shall have the authority to borrow money from private sources, the state emergency fund or such other sources as may be acceptable to the commission under such terms and conditions as may be provided by law. In order to provide security for the repayment of any such private or public loans, the commission shall have the authority to pledge such future revenues from admissions and any other sources as may, from time to time, be necessary or desirable.

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The commission shall have the authority to borrow money from private sources, the state emergency fund or such other sources as may be acceptable to the commission under such terms and conditions as may be provided by law. In order to provide security for the repayment of any such private or public loans, the commission shall have the authority to pledge such future revenues from admissions and any other sources as may, from time to time, be necessary or desirable.

Alabama § 41-9-354 (Borrowing of Money from Private Sources, Etc., Authorized Generally; Pledge of Future Revenues from Admissions, Etc., as Security for Repayment of Such Loans) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.