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Ala. Code § 45-37-162

Applicability.

(Act 2010-519, p. 873, §1.)

This part shall apply to both of the following:

(1) Any debt issued by Jefferson County if the amount of the debt to be issued in a single transaction, or in a series of related transactions, exceeds five million dollars ($5,000,000).

(2) Any swap agreement entered into by Jefferson County.

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