Alabama § 11-85-100 - Definitions.
Full text of Alabama Code of Alabama § 11-85-100 — Definitions., with citation guidance and answers to common questions.
§ 11-85-100. Definitions.
As used in this article, the following words and phrases shall have the following meanings:
(1) AUTHORITY. The public corporation organized pursuant to this article.
(2) BOARD OF DIRECTORS. The Board of Directors of the Alabama Revolving Loan Fund Authority.
(3) BONDS. The bonds issued under this article.
(4) GRANTEE. The several existing regional planning and development commissions, as provided for in Sections 11-85-50 to 11-85-73, inclusive.
(5) REVOLVING LOAN FUNDS. The monies provided by the sale of the bonds pursuant to this article. These monies may be combined with or used to facilitate access to either federal funds or foundation grants or loans, or to leverage private sector financing that may be available for initial or seed capital, long or short term fixed asset or equipment loans or working capital for local economic development projects for improving, developing, or financing new, existing, or expanding business or industry, to preserve or create employment pursuant to Section 41-23-50.
(6) STATE. The State of Alabama.
Frequently Asked Questions About Alabama § 11-85-100
What does Code of Alabama § 11-85-100 cover?
Section 11-85-100 ("Definitions.") 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 § 11-85-100?
A common citation format is "Code of Alabama § 11-85-100" (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 § 11-85-100 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.