Public Hearing Required for Issuance of Tax Anticipation Warrants

Ala. Code § 45-48-70.18, under Original Powers and Duties.

Ala. Code § 45-48-70.18

The commission shall not issue any tax anticipation warrants, revenue bonds, or other evidences of temporary loans until a public hearing relative to the issuance thereof has been held. Notice of each hearing shall be given by publication in a newspaper published in Marshall County at least seven days prior to the public hearing. (Acts 1976, No. 616, p. 840, § 25; Acts 1976, No. 633, p. 870, § 25.)