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    • Legislation USA
    • Code of Alabama
    • Title 11 - Counties and Municipal Corporations.
    • Title 1 - Provisions Applicable to Counties Only.
    • Chapter 9 - Warrants for Utility Purposes.
    • Article 2 - Waterworks Systems Warrants.
    • Section 11-9-21 - Legislative Intent; Construction of Article.

    Code of Alabama
    Article 2 - Waterworks Systems Warrants.
    Section 11-9-21 - Legislative Intent; Construction of Article.

    It is the intention of the Legislature by the passage of this article to authorize each county in the state to finance the acquisition by such county through purchase, construction or otherwise of one or more waterworks systems by the sale and issuance of interest-bearing warrants of such county for payment of costs of acquiring such system or systems. This article shall be liberally construed in conformity with the said intention.

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    Structure Code of Alabama

    Code of Alabama

    Title 11 - Counties and Municipal Corporations.

    Title 1 - Provisions Applicable to Counties Only.

    Chapter 9 - Warrants for Utility Purposes.

    Article 2 - Waterworks Systems Warrants.

    Section 11-9-20 - Definitions.

    Section 11-9-21 - Legislative Intent; Construction of Article.

    Section 11-9-22 - Authority for Issuance; Form, Terms, Denominations, etc.; Sale and Disposition of Proceeds; Pledge for Payment of Principal and Interest Generally.

    Section 11-9-23 - Special Pledges for Payment of Principal and Interest.

    Section 11-9-24 - Issuance of Refunding Warrants.

    Section 11-9-25 - Investment of Trust Funds in Warrants.

    Section 11-9-26 - Issuance of Warrants Deemed to Constitute Audit and Allowance of Claim.

    Section 11-9-27 - Exemptions From Usury or Interest Rate Statutes.

    Section 11-9-28 - Provisions of Article Controlling; Applicability of Provisions of Section 11-8-10.

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