Title 4 — Title 4
0 chapters · 177 sections in this title.
Ala. Code § 4-5-1 Applicability and Purpose of Chapter
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This chapter shall apply to each county in the State of Alabama and have for its purpose the authorization of the sale and issuance of interest-bearing warrants and certificates of indebtedness for the purpose of acquiring and providing county airports. History: (Acts 1955, No. 3…
Ala. Code § 4-5-2 Issuance and Sale; Form; Denominations; Terms; Disposition of
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Proceeds of Sale. Each county shall have the power from time to time to sell and issue interest- bearing warrants of such county or interest-bearing certificates of indebtedness of such county for the purpose of paying the cost of acquiring and providing county airports, includin…
Ala. Code § 4-5-3 Pledge of Special Taxes
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The governing body of the county issuing any such warrants or certificates may, in its discretion, pledge and use, or cause to be used, for the payment of the principal of and interest on such warrants and certificates, so much as may be necessary for said payment of any privileg…
Ala. Code § 4-5-4 Refunding Warrants and Certificates
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Each such county may in like manner from time to time issue refunding warrants and certificates, either by sale or by exchange, for the purpose of refunding a like or greater principal amount of warrants and certificates then outstanding, which were issued under the provisions of…
Ala. Code § 4-5-5 Provisions of Chapter Control as to Warrants or Certificates Issued
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Hereunder. 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 the provisions of Section 11-8-10 shall not be applicable to the warrants and ce…