Determination as to Operation of System Upon Calendar, Operating or Fiscal Year Basis, Etc.
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Law
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Code of Alabama
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Counties and Municipal Corporations.
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Provisions Applicable to Counties and Municipal Corporations.
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Municipal and County Bonds.
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Revenue Bonds for Waterworks, Gas, Sewer or Electric Systems.
- Determination as to Operation of System Upon Calendar, Operating or Fiscal Year Basis, Etc.
Section 11-81-187
Determination as to operation of system upon calendar, operating or fiscal year basis, etc.
The ordinance authorizing the issuance of such bonds shall definitely determine whether such system or combined system shall be operated upon a calendar, operating or fiscal year basis and the dates of the beginning and ending of the same.
(Acts 1933, Ex. Sess., No. 102, p. 88; Code 1940, T. 37, §330.)
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