Should any deficiency occur in the State Treasury at any time, the Governor may negotiate temporary loans, not to exceed $100,000.00, or so much thereof as may be necessary, to supply such deficiency.
Ala. Code § 36-13-4
Negotiation of Temporary Loans to Meet Deficiencies in Treasury.
(Code 1896, §1957; Code 1907, §554; Code 1923, §757; Code 1940, T. 55, §173.)
Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.