Alabama § 11-81-142 - Authorization of Acquisition, Construction, Etc., of Undertaking Taking and Issuance of Bonds in Anticipation of Revenues.
Full text of Alabama Code of Alabama § 11-81-142 — Authorization of Acquisition, Construction, Etc., of Undertaking Taking and Issuance of Bonds in Anticipation of Revenues., with citation guidance and answers to common questions.
§ 11-81-142. Authorization of Acquisition, Construction, Etc., of Undertaking Taking and Issuance of Bonds in Anticipation of Revenues.
The acquisition, construction, reconstruction, improvement, betterment or extension of any undertaking may be authorized under this division; and, in anticipation of the revenues to be derived from such undertaking, bonds may be authorized to be issued under this division to provide funds for such purpose or purposes by resolution or resolutions of the governing body, which may be adopted at a regular or special meeting and at the same meeting at which they are introduced by a majority of the members of the governing body present at such meetings if a quorum is present.
Source: official Alabama text · Last verified 2026-08-27
Frequently Asked Questions About Alabama § 11-81-142
What does Code of Alabama § 11-81-142 cover?
Section 11-81-142 ("Authorization of Acquisition, Construction, Etc., of Undertaking Taking and Issuance of Bonds in Anticipation of Revenues.") 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 § 11-81-142?
A common citation format is "Code of Alabama § 11-81-142" (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 § 11-81-142 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.