Except as may be expressly provided in this division, no proceeding, notice, or approval shall be required for the issuance of any bonds by the authority, the execution of any mortgage and deed of trust, trust indenture, or other document, or the exercise of any other of the powers of the authority. Neither a public hearing nor the consent of the Department of Finance shall be prerequisite to the issuance of bonds by the authority.
Ala. Code § 41-10-633
Notice and Hearing Not Required.
Known as the Alabama 21st Century Fund Act
The act spans §§ 41-10-620 to 41-10-644 (25 sections).
(Act 99-353, p. 538, §14.)
Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.