Alabama § 11-81-121 - Consolidation of Separate Outstanding Issues for Issuance of Refunding Bonds.
Full text of Alabama Code of Alabama § 11-81-121 — Consolidation of Separate Outstanding Issues for Issuance of Refunding Bonds., with citation guidance and answers to common questions.
§ 11-81-121. Consolidation of Separate Outstanding Issues for Issuance of Refunding Bonds.
In exercising the powers conferred by Sections 11-81-119 and 11-81-120, it shall not be necessary to make a separate issue of refunding bonds with respect to each outstanding issue, but two or more of such outstanding issues or portions thereof may be grouped together in a single refunding issue, in which event all assessments thereafter collected with respect to any of the improvements financed by the separate issues or the proper proportionate part thereof shall be applicable to the payment of such refunding bonds.
Source: official Alabama text · Last verified 2026-08-27
Frequently Asked Questions About Alabama § 11-81-121
What does Code of Alabama § 11-81-121 cover?
Section 11-81-121 ("Consolidation of Separate Outstanding Issues for Issuance of Refunding Bonds.") 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 § 11-81-121?
A common citation format is "Code of Alabama § 11-81-121" (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 § 11-81-121 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.