Out of the revenues appropriated and pledged in Section 41-10-30, the State Treasurer is hereby authorized and directed to pay the principal of and interest on the bonds issued by the authority under the provisions of this article, as said principal and interest shall respectively mature, and the State Treasurer is further authorized and directed to set up and maintain appropriate records pertaining thereto.
Structure Code of Alabama
Article 2 - Industrial Development Authority.
Division 1 - General Provisions.
Section 41-10-20 - Definitions.
Section 41-10-21 - Legislative Findings of Fact and Declaration of Intent; Construction of Article.
Section 41-10-22 - Authorization and Procedure for Incorporation.
Section 41-10-25 - Composition; Recordkeeping; Admissibility in Evidence.
Section 41-10-26 - Powers of Authority Generally.
Section 41-10-26.1 - Exercise of Powers Granted to Airport Authorities.
Section 41-10-27.1 - State Preparation Grant Money for Raw or Completely Undeveloped Sites.
Section 41-10-27.2 - Appropriation of Funds for Payment of Industrial Development Site Grants.
Section 41-10-29 - Disposition of Proceeds From Sale of Bonds and Refunding Bonds.