Out of the revenues appropriated and pledged for such purpose, the State Treasurer is authorized and directed to pay the principal of and interest on the bonds issued by the corporation under the provisions of this article, as such principal and interest shall respectively mature, and he is further authorized and directed to set up and maintain appropriate records pertaining thereto.
Structure Code of Alabama
Title 23 - Highways, Roads, Bridges and Ferries.
Article 7 - Alabama Highway Finance Corporation.
Section 23-1-170 - Purpose and Construction of Article.
Section 23-1-171 - Incorporation - Authorization.
Section 23-1-172 - Incorporation - Application.
Section 23-1-173 - Incorporation - Certificate.
Section 23-1-174 - Composition; Vacancies; Compensation; Records.
Section 23-1-175.1 - Infrastructure Improvements.
Section 23-1-176 - Contracts; Conveyance of Property to State.
Section 23-1-177 - Bonds - Generally.
Section 23-1-178 - Bonds - Disposition of Proceeds.
Section 23-1-179 - Bonds - Payments by State Treasurer.