Each participant may issue refunding warrants, either by sale or by exchange, for the purpose of refunding a like or greater principal amount of warrants then outstanding and paying any premium and expenses necessary to be paid to redeem the outstanding warrants. The provisions of this chapter applicable to warrants shall also be applicable to any such refunding warrants.
Structure Code of Alabama
Title 11 - Counties and Municipal Corporations.
Title 3 - Provisions Applicable to Counties and Municipal Corporations.
Chapter 92 - Industrial Parks.
Section 11-92-1 - Definitions.
Section 11-92-2 - Legislative Intent; Construction of Chapter Generally.
Section 11-92-4 - Requirements as to Acquisition and Development of Parks.
Section 11-92-7 - Warrants - Security for Payment of Principal and Interest.
Section 11-92-8 - Refunding Warrants.
Section 11-92-9 - Investment in Warrants by Trustees, Executors, Etc.
Section 11-92-11 - Applicability and Effect of Other Provisions of Law.