Any grantor party and each person claiming by, through, or under a grantor party may conclusively rely on the legal authority of a governmental entity to enter into an alternative financing contract and to perform the obligations of such governmental entity thereunder.
Structure Code of Alabama
Chapter 16A - Governmental Leasing.
Section 41-16A-1 - Short Title.
Section 41-16A-2 - Legislative Intent.
Section 41-16A-3 - Definitions.
Section 41-16A-4 - Authorization to Utilize Alternative Financing Contracts; Scope of Contracts.
Section 41-16A-6 - Proprietary Function Contracting Not Restricted.
Section 41-16A-8 - Investment Status of Contracts.
Section 41-16A-9 - Construction.
Section 41-16A-10 - Reliance of Grantor Party on Legal Authority of Entity.