Guarantee or Obligation on Part of State Not to Be Implied

Ala. Code § 37-4-12 — under Title 37.

Ala. Code § 37-4-12

Nothing in this article shall be construed to imply any guarantee or obligation as to such securities on the part of the State of Alabama.

History: (Acts 1920, No. 37, p. 38; Code 1923, §9749; Code 1940, T. 48, §314.)