Code of Alabama
Article 2 - Water Conservation and Irrigation Corporations.
Section 9-10-40 - Bonds, etc., Not Obligations of State or Counties.

No bond or other obligation of such a corporation shall be deemed to be the obligation of or a claim against the state or a county thereof.

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Structure Code of Alabama

Code of Alabama

Title 9 - Conservation and Natural Resources.

Chapter 10 - Water Conservation and Irrigation.

Article 2 - Water Conservation and Irrigation Corporations.

Section 9-10-30 - Resolution Declaring Need for Formation of Corporation; Appointment of Incorporators, Etc.

Section 9-10-31 - Certificate of Incorporation - Contents; Execution.

Section 9-10-32 - Certificate of Incorporation - Filing.

Section 9-10-33 - Board of Directors and Officers.

Section 9-10-34 - Powers and Duties Generally.

Section 9-10-35 - Applications for Construction Permits; Duties of Commissioner of Conservation and Natural Resources as to Granting of Permits, etc.; Enforcement of Compliance With Terms and Conditions of Permits.

Section 9-10-36 - Issuance of Bonds; Issuance of Notes and Renewal Notes; Redemption of Notes or Bonds; Liability on Notes or Bonds; Disposition of Proceeds From Sale of Bonds; Issuance of Interim Receipts, Etc.

Section 9-10-37 - Refunding Bonds.

Section 9-10-38 - Security for Bonds.

Section 9-10-39 - Investment in Bonds by State, Banks, Insurance Companies, etc.; Deposit of Bonds, etc., With State or Municipal Officers or Agencies.

Section 9-10-40 - Bonds, etc., Not Obligations of State or Counties.

Section 9-10-41 - Bonds, etc., Exempt From Taxation.

Section 9-10-42 - Leases, Conveyances, etc., of Real Property by Counties, Cities, Public Departments, Etc.

Section 9-10-43 - Contracts for Construction Work.

Section 9-10-44 - Projects to Be Maintained in Good Condition.

Section 9-10-45 - Officers of Corporations Not to Be Interested in Contracts, etc.; Penalty.

Section 9-10-46 - Agents and Employees May Enter Lands, etc., to Make Surveys, Soundings, etc.; Reimbursement for Actual Damages.

Section 9-10-47 - Construction of Terms Where Another State Agency Charged With Responsibility of Department of Conservation and Natural Resources.