Out of the receipts, revenues, and income referred to in Section 2-6-118, the corporation is authorized and directed to pay the principal of and interest on the bonds as the principal and interest shall respectively mature, and is further authorized and directed to set up and maintain appropriate records.
Ala. Code § 2-6-120
Payment of Principal and Interest on Bonds; Recordkeeping.
Known as the Garrett Coliseum Redevelopment Act
The act spans §§ 2–2 (28 sections).
(Act 2011-575, p. 1231, §22.)
Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.