There is a newer version of the Code of Alabama
2013 Code of Alabama
Title 11 - COUNTIES AND MUNICIPAL CORPORATIONS.
Title 2 - PROVISIONS APPLICABLE TO MUNICIPAL CORPORATIONS ONLY.
Section 11-50-99 - Disposition of proceeds from sale of bonds.
AL Code § 11-50-99 (2013) What's This?
Section 11-50-99Disposition of proceeds from sale of bonds. The proceeds from the sale of bonds authorized to be issued by this division shall be applied only to the payment of the cost of the sewer or sewers or sewer system designated in the ordinance providing for their issue.
(Acts 1923, No. 165, p. 134; Code 1923, §2114; Code 1940, T. 37, §639.)Disclaimer: These codes may not be the most recent version. Alabama may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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