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Ala. Code § 40-18-381

Construction of Article.

Known as the Alabama Jobs Act

The act spans §§ 40-18-370 to 40-18-387 (24 sections).

(Act 2015-27, §3.)

(a) Nothing in this article shall be construed to constitute a guarantee or assumption by the state of any debt of any company nor to authorize the credit of the state to be given, pledged, or loaned to any company.

(b) The provisions of this article shall not be construed in a manner adverse to the validity of any jobs act incentives.

(c) Nothing in this article shall be construed to make available to any company any right to the jobs act incentives absent strict compliance with this article.

Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.