The board may enter into contracts with and accept grants from any other authority organized pursuant to the laws of this state or federal laws. Contracts with or grants from another authority, including, but not limited to, any authority authorized to issue general obligation bonds of this state, shall not constitute the extension of the state's credit in violation of Amendment No. 58 or any other provision of this constitution or the laws of this state.
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.