Ala. Code § 41-16A-10

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

Section 41-16A-10 - Reliance of grantor party on legal authority of entity

Any grantor party and each person claiming by, through, or under a grantor party may conclusively rely on the legal authority of a governmental entity to enter into an alternative financing contract and to perform the obligations of such governmental entity thereunder.

Ala. Code § 41-16A-10 (1975)

Acts 1993, No. 93-261, p. 389, §10.