The issuance of warrants and any interest coupons applicable thereto, pursuant to the provisions of this article and in accordance with the authorization of the county commission issuing such warrants, shall be deemed to constitute an audit and allowance by such county commission of a claim, in the aggregate principal amount of such warrants and interest coupons, against the county and against any tax proceeds and any revenues, or either thereof, pledged for payment of such warrants pursuant to the provisions of this article. No proof of registration or other audit or allowance of such claim shall be required, and such warrants and interest coupons shall, from and after the date of their lawful issuance, be deemed to be allowed claims against the county by which they were issued and against any tax proceeds and revenues, or either, so pledged therefor.
Structure Code of Alabama
Title 22 - Health, Mental Health, and Environmental Control.
Title 1 - Health and Environmental Control Generally.
Article 2 - Financing Solid Waste Collection and Disposal Facilities.
Section 22-27-20 - Definitions.
Section 22-27-21 - Purpose and Construction of Article.
Section 22-27-23 - Special Pledges for Payment of Principal and Interest on Warrants.
Section 22-27-24 - Refunding Warrants.
Section 22-27-25 - Investment of Trust Funds in Warrants.
Section 22-27-26 - Warrants and Interest Coupons as Claims Against County.