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Code of Alabama
Title 11
Title 3
Chapter 89B
Ala. Code § 11-89B et seq.
Sale and Issuance of Bonds by Public Corporations Operating Water Systems
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11-89B-1
Public Corporation Given Power to Sell and Issue Bonds, to Pledge for Payment Proceeds, Revenues, Etc., and to Issue Bonds or Notes for Temporary Borrowing.
11-89B-2
Form, Terms, Denominations, Etc. of Bonds; Execution and Delivery; Interest; Sale; Issuance of Refunding Bonds; Liability on Bonds; Source of Payment; Use of Proceeds; Mortgage, Deed of Trust, Etc., Containing Certain Agreements.
11-89B-3
Contracts as Security for Payment of Principal and Interest on Bonds.
11-89B-4
Resolution of Board of Directors, Etc., or Trust Indenture Containing Provisions Creating Statutory Mortgage Lien.
11-89B-5
Use of Moneys Derived from Sale of Bonds.
11-89B-6
Investment of Bond Proceeds.
11-89B-7
Law Not to Repeal Existing Law; Construction.