2015 Code of Alabama
Title 24 - HOUSING.
Chapter 1A - ALABAMA HOUSING FINANCE AUTHORITY.
Article 1 - Housing Finance Authority.
Section 24-1A-13 - Liability of state.
The state 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 state within the meaning of any constitutional or statutory provision whatsoever.
(Acts 1980, No. 80-585, p. 899, §15.)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.
