Out of the revenues referred to in Section 41-10-64, the State Treasurer is authorized and directed to pay the principal of and interest on the bonds issued by the authority under the provisions of this chapter as such principal and interest shall respectively mature, and he or she is further authorized and directed to set up and maintain appropriate records pertaining thereto.
Ala. Code § 41-10-65
Payment of Principal and Interest on Bonds and Maintenance of Records Pertaining Thereto by State Treasurer.
Known as the Southern Products Mart Authority Act
The act spans §§ 41-10-50 to 41-10-69 (20 sections).
(Acts 1973, No. 1210, p. 2032, §14.)
Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.