Section 11-47-227 Construction of bonds as negotiable instruments.

State Codes and Statutes

Statutes > Alabama > Title11 > Title2 > 11-47-227

Section 11-47-227

Bonds issued by an authority shall be construed to be negotiable instruments although payable solely from a specified or limited source.

(Acts 1996, No. 96-320, p. 361, §9.)

Statutes > Alabama > Title11 > Title2 > 11-47-227

Section 11-47-227

Bonds issued by an authority shall be construed to be negotiable instruments although payable solely from a specified or limited source.

(Acts 1996, No. 96-320, p. 361, §9.)

Statutes > Alabama > Title11 > Title2 > 11-47-227

Section 11-47-227

Bonds issued by an authority shall be construed to be negotiable instruments although payable solely from a specified or limited source.

(Acts 1996, No. 96-320, p. 361, §9.)