No Notice, Approval, Public Hearing Required for Issuance of

Ala. Code § 41-10-44.14 — under Title 41.

Ala. Code § 41-10-44.14

Obligations.

Except as may be expressly provided in this article, no proceeding, notice, or approval shall be required for the issuance of any project obligations, the execution of any mortgage and deed of trust, trust indenture, or other document, or the exercise of any other of the powers of the authority. Neither a public hearing nor the consent of the state Department of Finance shall be prerequisite to the issuance of project obligations by the authority.

History: (Acts 1993, 1st Ex. Sess., No. 93-851, p. 79, §1.)