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2019 Code of Alabama
Title 41 - State Government.
Chapter 9 - Boards and Commissions.
Article 17 - Motor Sports Hall of Fame Commission.
Section 41-9-476 - Pledge of revenues for payment of bonds.
Universal Citation: AL Code § 41-9-476 (2019)
Section 41-9-476Pledge of revenues for payment of bonds.
Any general obligation bonds shall also be payable from and secured by a pledge of the revenues and income of the commission remaining after the payment of the reasonable and necessary expenses of operating and maintaining the facilities to be constructed by the commission.
(Acts 1975, No. 1137, §7.)
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