Obligations, etc., as Obligations of Authority and Not State.

Checkout our iOS App for a better way to browser and research.

Section 22-3A-17

Obligations, etc., as obligations of authority and not state.

All contracts made, obligations incurred and bonds issued by the authority shall be solely and exclusively obligations of the authority and shall not create obligations or debts of the state.

(Acts 1990, No. 90-598, §17.)


Download our app to see the most-to-date content.