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40 chapters · 1,144 sections in this title.
Ala. Code § 2-6-122 Acts Authorized to Support Objectives
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For the purpose of attaining the objectives of this article, any county, municipality, or other political subdivision, or public corporation, agency, or instrumentality of the state, a county, or municipality, upon such terms and with or without consideration, as it may determine…
Ala. Code § 2-6-123 Federal Income Taxation
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The corporation shall have the power to make payments to the United States of America as the directors deem necessary to cause the interest on any bonds of the corporation to be and remain exempt from federal income taxation. The corporation shall have the power to make agreement…
Ala. Code § 2-6-124 Investments
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The state and all public officers, municipal corporations, political subdivisions and public bodies, all banks, bankers, trust companies, savings banks and institutions, building and loan associations, savings and loan associations, investment companies, and other persons carryin…
Ala. Code § 2-6-125 Corporate Obligations
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All obligations incurred by the corporation and all bonds issued by it shall be solely and exclusively an obligation of the corporation and shall not create an obligation or debt of the State of Alabama. (Act 2011-575, p. 1231, §27.)