Alabama § 41-9-805 Cahaba Trace Fund

Alabama Statutes

§ 41-9-805 — Cahaba Trace Fund

Alabama § 41-9-805

Title 41State Government

Ch. 9Boards and Commissions

Art. 31Cahaba Trace Commission

This text of Alabama § 41-9-805 (Cahaba Trace Fund) 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 § 41-9-805 (2026).

Text

The commission shall establish, and maintain at such lawful depository or depositories as it shall select, a “Cahaba Trace Fund” composed of the money or moneys which may come into its hands from admission, inspection fees, gifts, donations, grants, bequests, loans, bond issues, governmental appropriations, or other sources, either public or private. Such funds shall be used by the commission to pay for the purposes herein set forth, and the servicing, retirement or amortization of any bonds or other evidences of indebtness issued by the commission.

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The commission shall establish, and maintain at such lawful depository or depositories as it shall select, a “Cahaba Trace Fund” composed of the money or moneys which may come into its hands from admission, inspection fees, gifts, donations, grants, bequests, loans, bond issues, governmental appropriations, or other sources, either public or private. Such funds shall be used by the commission to pay for the purposes herein set forth, and the servicing, retirement or amortization of any bonds or other evidences of indebtness issued by the commission.