There is a newer version
of
this Section
2018 Code of Alabama
Title 37 - PUBLIC UTILITIES AND PUBLIC TRANSPORTATION.
Chapter 5 - POWER DISTRICTS.
Section 37-5-9 - Municipal aid.
Universal Citation: AL Code § 37-5-9 (2018)
Section 37-5-9Municipal aid.
Any municipality situated within the territorial limits of a district may advance funds to such district to pay the preliminary organization and administration expenses thereof, on such terms of repayment as the governing body of such municipality shall determine. Notwithstanding the provisions of any law to the contrary, any such municipality is authorized and empowered to borrow money for a period not to exceed one year from the date of such borrowing for the purpose of making such advances.
(Acts 1935, No. 42, p. 87; Code 1940, T. 18, §9.)
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.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
