Alabama § 11-11B-7 - Issuance of Securities Exempt from Supervision and Control.
Full text of Alabama Code of Alabama § 11-11B-7 — Issuance of Securities Exempt from Supervision and Control., with citation guidance and answers to common questions.
§ 11-11B-7. Issuance of Securities Exempt from Supervision and Control.
No proceeding, notice or approval shall be required for the issuance of any securities under this chapter. Neither a public hearing nor the consent of the state department of finance shall be a prerequisite to the issuance of any securities under this chapter.
The provisions of Chapter 8, Title 11 shall not apply to any securities issued under authority of this chapter or to any county or public corporation issuing such securities.
Source: official Alabama text · Last verified 2026-08-27
Frequently Asked Questions About Alabama § 11-11B-7
What does Code of Alabama § 11-11B-7 cover?
Section 11-11B-7 ("Issuance of Securities Exempt from Supervision and Control.") is part of the Code of Alabama, the codified statutory law of Alabama. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alabama § 11-11B-7?
A common citation format is "Code of Alabama § 11-11B-7" (Alabama). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alabama law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alabama official source linked on this page or consult a licensed Alabama attorney.
How does Alabama § 11-11B-7 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alabama can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alabama.