Code of Alabama

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11-92C-14
Section 11-92C-14 Liability of authorizing subdivision. An authorizing subdivision 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 an authority, and none of the bonds of the authority
or any of its agreements or obligations shall be construed to constitute indebtedness of the
authorizing subdivision within the meaning of any constitutional or statutory provision. (Act
2020-72, §14.)...
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11-94-15
Section 11-94-15 Liability of authorizing subdivisions upon bonds, obligations and agreements
of authority; other actions by authorizing subdivisions to attain objectives of chapter. (a)
Neither of the authorizing subdivisions of an authority shall in any event be liable for the
payment of the principal of, interest and premium, if any, on any bonds of an authority or
for the performance of any pledge, assignment, indenture, obligation or agreement of any kind
whatsoever which may be undertaken by an authority and none of the bonds of an authority or
any of its agreements or obligations shall be construed to constitute an indebtedness of any
authorizing subdivision within the meaning of any constitutional or statutory provision whatsoever.
(b) For the purpose of attaining the objectives of this chapter, either of the authorizing
subdivisions, any other county or municipality of the state, and any other political subdivision,
public corporation, agency or instrumentality of the state or...
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11-54-184
Section 11-54-184 Nonliability of authorizing municipality. The authorizing municipality shall
not in any event be liable for the payment of the principal of or interest on any bonds of
an authority or for the performance of any pledge, mortgage, obligation, or agreement of any
kind whatsoever which may be undertaken by an authority, and none of the bonds of an authority
or any of its agreements or obligations shall be construed to constitute an indebtedness of
the authorizing municipality within the meaning of any constitutional or statutory provision
whatsoever. (Acts 1980, No. 80-648, p. 1235, §15.)...
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45-8-90
Section 45-8-90 Economic Development Council - Creation; composition; powers and duties. (a)(1)
For the purposes of promoting industry and trade and economic development and to assist Calhoun
County and the municipalities located therein in their pursuits therefor and to provide for
the exercise by the county and the municipalities of certain powers and authority proposed
to be granted to them by an amendment to the Constitution of Alabama, the act proposing such
amendment being adopted at the same session of the Legislature at which the act adding this
section was adopted, there is hereby created an economic development council for Calhoun County,
which council shall constitute a public corporation under the name Calhoun County Economic
Development Council. (2) This section shall be liberally construed in conformity with the
purposes. (b)(1) The powers and authorities of the Calhoun County Economic Development Council
shall be vested in and performed by a board of directors. (2) The...
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11-95-12
Section 11-95-12 Liability of authorizing subdivisions. Neither of the authorizing subdivisions
shall be liable in any manner for the payment of the principal of or interest on any bonds
of a corporation or for the performance of any pledge, mortgage, obligation or agreement of
any kind whatsoever that may be undertaken by a corporation, and neither the bonds of a corporation
nor any of its agreements or obligations shall be construed to constitute an indebtedness
of either of the authorizing subdivisions within the meaning of any constitutional or statutory
provision whatsoever. (Acts 1981, No. 81-338, p. 480, §12.)...
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11-54A-15
Section 11-54A-15 Liability of city. 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 of the authority or any of its agreements or obligations
shall be construed to constitute an indebtedness of the city within the meaning of any constitutional
or statutory provision whatsoever. (Acts 1985, No. 85-683, p. 1080, §15.)...
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24-1A-13
Section 24-1A-13 Liability of state. The state 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 of the authority or any of its agreements or obligations
shall be construed to constitute an indebtedness of the state within the meaning of any constitutional
or statutory provision whatsoever. (Acts 1980, No. 80-585, p. 899, §15.)...
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45-23A-91.14
Section 45-23A-91.14 Liability of city. 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 of the authority or any of its agreements or obligations
shall be construed to constitute an indebtedness of the city within the meaning of any constitutional
or statutory provision whatsoever. (Act 84-395, p. 904, §15.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-23A-91.14.htm - 851 bytes - Match Info - Similar pages

45-27A-31.14
Section 45-27A-31.14 Liability of city. 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 of the authority or any of its agreements or obligations
shall be construed to constitute an indebtedness of the city within the meaning of any constitutional
or statutory provision whatsoever. (Act 82-740, p. 196, §15.)...
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45-35A-52.14
Section 45-35A-52.14 Liability of city. 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 of the authority or any of its agreements or obligations
shall be construed to constitute an indebtedness of the city within the meaning of any constitutional
or statutory provision whatsoever. (Act 82-303, p. 393, §15.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-35A-52.14.htm - 851 bytes - Match Info - Similar pages

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