Title 11 — Title 11
0 chapters · 2,499 sections in this title.
Ala. Code § 11-11A-1 Authorized; Denominations, Maturity, Interest, Price, Etc.; Anticipation of
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Longer-Term Warrants. Any county in the state of Alabama, in addition to all other powers which it may now have, is hereby authorized and empowered from time to time to authorize, issue and sell, for the purpose of financing the costs of erecting necessary public buildings, bridg…
Ala. Code § 11-11A-2 Assignment and Pledge of Tax Proceeds for Payment of Principal and
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Interest. As security for payment of the principal of and the interest on any warrants issued under the provisions of this chapter, the issuing county is authorized to assign and pledge so much as may be necessary for such purpose of the proceeds of the tax out of which such warr…
Ala. Code § 11-11A-3 Issuance of Refunding Warrants
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Any county in the state of Alabama may from time to time authorize, sell and issue refunding warrants for the purpose of refunding any outstanding warrants theretofore issued under the provisions of this chapter (whether or not the principal of the outstanding warrants to be refu…
Ala. Code § 11-11A-4 Exemption from Usury or Interest Provisions
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Any warrants issued by a county under the provisions of this chapter are hereby exempted from the laws of the state of Alabama governing usury or prescribing or limiting interest rates, including (without limitation) the provisions of chapter 8 of Title 8, as amended. History: (A…
Ala. Code § 11-11A-5 Provisions of Chapter to Control
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Insofar as the provisions of this chapter may be inconsistent with the provisions of any other law, the provisions of this chapter shall control, it being hereby specifically declared that (a) the provisions of §11-8-10, as amended, shall not be applicable to any warrants issued …