Nothing contained in this chapter shall be construed to confer on any county or municipality any right or option to redeem any securities heretofore or hereafter issued except as is or may be provided in the proceedings under which such securities were or shall be issued.
Ala. Code § 11-82-5
Option to Redeem to Be Provided in Proceedings for Issuance of Securities.
(Acts 1945, No. 395, p. 613, §7.)
Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.