Ala. Code § 24-1-134

Current with legislation from 2024 effective through May 17, 2024.

Section 24-1-134 - City or town may lend or donate money to housing authority; reimbursement

Any city or town creating a housing authority shall have the power from time to time to lend or donate money to such authority or to agree to take such action. A housing authority, when it has money available therefor, shall make reimbursements for all such loans made to it.

Ala. Code § 24-1-134 (1975)

Acts 1939, No. 617, p. 986, §1; Code 1940, T. 25, §4(1).