The board may issue interest-bearing revenue bonds and notes payable solely out of the revenues of the authority or out of the revenues of any particular facilities and other property of the authority, without regard to the specific facilities and other property with respect to which the bonds and notes may have been issued.
Structure Code of Alabama
Article 9 - Economic and Industrial Development and Tourism.
Section 45-18-90 - Applicability.
Section 45-18-90.02 - Issuance of Bonds and Notes.
Section 45-18-90.03 - Bonds and Notes of Authority.
Section 45-18-90.04 - Powers and Obligations of Board.
Section 45-18-90.05 - Contribution of Funds; Taxation.
Section 45-18-90.06 - Zoning, Eminent Domain, and Regulation of On-Site Sewage Systems.
Section 45-18-90.07 - Exemption From Regulation and Supervision; Use of Public Roads.
Section 45-18-90.08 - No Authority to Levy Tax; Veto of Actions.
Section 45-18-90.09 - Contracts With Other Authorities; Grants.