Ala. Code § 41-1-10
This is the official text of Ala. Code § 41-1-10, part of Alabama’s Code — part of the compiled statutory law of Alabama, published by the state as "Code." Browse the sections below, each linked to its official government source.
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Section 41-1-10 Section 41-1-9 Deemed Declarative of Existing Law
Official statutory text
The provisions of Section 41-1-9 shall be deemed declarative of existing law and shall not be construed in a manner adverse to the validity of, or the lawfulness of the interest payable with respect to, (i) any bonds, warrants, notes, certificates of indebtedness, or other securities at any time issued by any issuer described in Section 41-1-9 hereof, or (ii) any debt at any time incurred by any private person, corporation, or other legal entity.
Status: in_force · Read it on the official government site
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