Payment of Principal and Interest on Bonds; Recordkeeping

Ala. Code § 2-6-120 — under Title 2.

Ala. Code § 2-6-120

Out of the receipts, revenues, and income referred to in Section 2-6-118, the corporation is authorized and directed to pay the principal of and interest on the

bonds as the principal and interest shall respectively mature, and is further authorized and directed to set up and maintain appropriate records.

History: (Act 2011-575, p. 1231, §22.)