Alabama Statutes

§ 41-9-475 — Bonds Not Obligation of State, Counties or Municipalities

Alabama·Title 41 State Government·Ch. 9 Boards and Commissions·Art. 17 Motor Sports Hall of Fame Commission

All revenue bonds issued by the commission shall be solely and exclusively the obligations of the commission and shall not create an obligation or debt of the state or any county or of any municipality within the state.

Free access — add to your briefcase to read the full text and ask questions with AI

Alabama § 41-9-475 (Bonds Not Obligation of State, Counties or Municipalities) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

(Acts 1975, No. 1137, §6.)

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

View on official source ↗