134 chapters · 10,612 sections in this title.
Ala. Code § 45-41A-10.13 Exemption from Taxation
1.4K chars
The authority formed under this part the property and income of the authority (whether used by it or leased to others), all bonds issued by the authority, the income from such bonds or from any other sources, the interest and other profits from such bonds enuring to and received …
Ala. Code § 45-41A-10.14 Liability of City
0.5K chars
The city shall not in any event be liable for the payment of the principal of or interest on any bonds of the authority or for the performance of any pledge, mortgage, obligation, or agreement of any kind whatsoever which may be undertaken by the authority, and none of the bonds …
Ala. Code § 45-41A-10.15 Exemption from Usury and Interest Laws
0.2K chars
The authority shall be exempt from the laws of the State of Alabama governing usury or prescribing or limiting interest rates, including, but without limitation to, Chapter 8 of Title 8 as it may at any time be amended. (Act 85-185, p. 40, §16.)
Ala. Code § 45-41A-10.16 Exemption from Competitive Bid Laws
0.4K chars
The authority and all contracts made by it shall be exempt from the laws of the State of Alabama requiring competitive bids for any contract to be entered into by municipalities or public corporations authorized by them, including, but without limitation to, Article 3, commencing…