The board may enter into contracts with and accept grants from any other authority organized pursuant to the laws of this state or federal laws. Contracts with or grants from another authority, including, but not limited to, any authority authorized to issue general obligation bonds of this state, shall not constitute the extension of the state’s credit in violation of Amendment No. 58 or any other provision of this constitution or the laws of this state.
Ala. Code § 45-18-90.09
Contracts with Other Authorities; Grants.
(Act 2005-118, p. 196, §10.)
Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.