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Alabama Constitution, Article amend-342

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Article amend-342, Debt Limit for Counties

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1 provisions·Filtered byArt. amend-342✕

Ala. Const. amend. 342, § 1 Debt Limit for Counties
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No county shall become indebted in an amount including present indebtedness, greater than five percentum of the assessed value of the property therein. Nothing herein contained shall prevent any county from issuing bonds, or other obligations, to fund or refund any indebtedness n…

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