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Ala. Code § 9-10-40

Bonds, Etc., Not Obligations of State or Counties.

(Acts 1955, No. 539, p. 1186, §12.)

No bond or other obligation of such a corporation shall be deemed to be the obligation of or a claim against the state or a county thereof.

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