Ala. Code § 11-88-96
Current with legislation from 2024 effective through May 17, 2024.
In determining the highest bidder for bonds offered for public sale the lowest net interest cost to the authority as determined by the board shall govern. The determination of the board as to what constitutes such lowest net interest cost shall be final and conclusive.
Ala. Code § 11-88-96 (1975)