Swap Agreements

Ala. Code § 14-2-37 — under Title 14.

Ala. Code § 14-2-37

Notwithstanding any other provision of law, including without limitation Article 3, commencing with Section 41-1-40, of Chapter 1 of Title 41, the Alabama Corrections Institution Finance Authority shall not enter into any swap agreement

involving the bonds authorized to be issued by Act 2010-729. For purposes of the preceding sentence, swap agreement shall have the same meaning as provided in Section 41-1-41.

History: (Act 2010-729, p. 1834, §2.)