State Codes and Statutes
Statutes > Alabama > Title36 > Chapter13 > 36-13-4Section 36-13-4
Negotiation of temporary loans to meet deficiencies in Treasury.
Should any deficiency occur in the State Treasury at any time, the Governor may negotiate temporary loans, not to exceed $100,000.00, or so much thereof as may be necessary, to supply such deficiency.
(Code 1896, §1957; Code 1907, §554; Code 1923, §757; Code 1940, T. 55, §173.)