Alabama § 45-41A-10.14 Liability of City

Alabama Statutes

§ 45-41A-10.14 — Liability of City

Alabama § 45-41A-10.14

JurisdictionAlabama

Title 45Local Laws

Ch. 41ALee County Municipalities

Art. 1Auburn

Part 1Downtown Development Authority

This text of Alabama § 45-41A-10.14 (Liability of City) 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 § 45-41A-10.14 (2026).

Text

The city shall not in any event be liable for the payment of the principal of or interest on any bonds of the authority or for the performance of any pledge, mortgage, obligation, or agreement of any kind whatsoever which may be undertaken by the authority, and none of the bonds of the authority or any of its agreements or obligations shall be construed to constitute an indebtedness of the city, within the meaning of any constitutional or statutory provision whatsoever.

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The city shall not in any event be liable for the payment of the principal of or interest on any bonds of the authority or for the performance of any pledge, mortgage, obligation, or agreement of any kind whatsoever which may be undertaken by the authority, and none of the bonds of the authority or any of its agreements or obligations shall be construed to constitute an indebtedness of the city, within the meaning of any constitutional or statutory provision whatsoever.