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2020 Code of Alabama
Title 41 - State Government.
Chapter 16A - Governmental Leasing.
Section 41-16A-10 - Reliance of Grantor Party on Legal Authority of Entity.
Universal Citation: AL Code § 41-16A-10 (2020)
Section 41-16A-10
Reliance of grantor party on legal authority of entity.
Any grantor party and each person claiming by, through, or under a grantor party may conclusively rely on the legal authority of a governmental entity to enter into an alternative financing contract and to perform the obligations of such governmental entity thereunder.
(Acts 1993, No. 93-261, p. 389, §10.)
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