Alabama § 11-81-147 - Liability of Municipalities or Counties on Bonds.
Full text of Alabama Code of Alabama § 11-81-147 — Liability of Municipalities or Counties on Bonds., with citation guidance and answers to common questions.
§ 11-81-147. Liability of Municipalities or Counties on Bonds.
Revenue anticipation bonds issued under this division shall not be a debt of the municipality or county within the meaning of the Constitution, and the municipality or county shall not be liable thereon nor shall they be payable out of any funds other than the revenue obtained therefrom, anything contained in this division to the contrary notwithstanding, and every bond issued under this division shall contain a recital to that effect.
Source: official Alabama text · Last verified 2026-08-27
Frequently Asked Questions About Alabama § 11-81-147
What does Code of Alabama § 11-81-147 cover?
Section 11-81-147 ("Liability of Municipalities or Counties on 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 § 11-81-147?
A common citation format is "Code of Alabama § 11-81-147" (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 § 11-81-147 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.