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Ala. Code § 45-37A-52.223

Contracts Extending Beyond One Year.

(Acts 1955, No. 452, p. 1004, §8.04.)

No contract involving the payment of money out of the appropriation of more than one year shall be made for a period of more than five years, nor shall any such contract be valid unless made or approved by resolution or ordinance.

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