Credit of State Not to Be Pledged

Ala. Code § 10A-20-7.12 — under Title 10A.

Ala. Code § 10A-20-7.12

Under no circumstances shall the credit of the state be pledged to any corporation organized under this article.

History: (Acts 1969, No. 322, p. 681, §16; §10-4-141; amended and renumbered by Act 2009-513, p. 967, §336.)