No person, firm or corporation shall be granted a concession contract who or which does not have sufficient financial resources to properly operate a concession. All bidders for concessions must submit with their bids a complete financial statement, which statement shall be subject to full verification by proper state officials. Any bid submitted without such statement may not be considered.
Ala. Code § 9-14-25
Financial Resources of Persons, Etc., Seeking Concessions; Submission of Financial Statements with Bids; Verification of Same.
(Acts 1971, No. 2440, p. 3900, §7.)
Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.