Code of Alabama
Chapter 54 - Promotion of Industry, Trade, Commerce and Pollution Control.
Article 5 - Acquisition, etc., of Projects for Promotion of Hotel Services and Other Businesses Generally in Certain Municipalities.

Section 11-54-140 - Definitions. - Wherever used in this article, unless a different meaning clearly...

Section 11-54-141 - Legislative Intent; Liberal Construction. - It is the intent of the Legislature by the passage...

Section 11-54-142 - Additional Powers Conferred on Municipalities. - In addition to any other powers which it may now...

Section 11-54-143 - Bonds Issued to Finance Projects. - All bonds issued by a municipality under authority of this...

Section 11-54-144 - Security for Bonds. - The principal of and interest on any bonds issued under...

Section 11-54-145 - Requirements Respecting Leases. - Prior to the leasing of any project, the governing body...

Section 11-54-146 - Refunding Bonds. - Any bonds issued hereunder and at any time outstanding may...

Section 11-54-147 - Use of Proceeds From Sale of Bonds; Cost of Acquiring Project. - The proceeds from the sale of any bonds issued under...

Section 11-54-148 - No Contribution by Municipality. - No municipality shall have the power to pay out of...

Section 11-54-149 - Bonds Made Legal Investments. - Bonds issued under the provisions of this article shall be...

Section 11-54-150 - Exemption From Taxation. - The bonds authorized by this article and the income therefrom,...

Section 11-54-151 - Construction of Article. - Neither this article nor anything herein contained shall be construed...

Section 11-54-152 - No Notice or Publication Required. - No notice to or consent or approval by any governmental...

Section 11-54-153 - Exemption From Requirements of Sections 41-16-50 Through 41-16-63. - Any municipality when acting pursuant to the authority of this...