Alabama § 16-16B-3 - (Implementation Conditioned on Separate Legislative Enactment.) Authorization to Issue Additional Bonds and Purposes Thereof.
Full text of Alabama Code of Alabama § 16-16B-3 — (Implementation Conditioned on Separate Legislative Enactment.) Authorization to Issue Additional Bonds and Purposes Thereof., with citation guidance and answers to common questions.
§ 16-16B-3. (Implementation Conditioned on Separate Legislative Enactment.) Authorization to Issue Additional Bonds and Purposes Thereof.
(a) The Authority is hereby authorized to sell and issue its Bonds in the aggregate principal amount of up to $100,000,000 and to apply the proceeds as provided in this chapter, to include the following purposes: Paying the costs of acquisition and maintaining computer equipment, software, and digital textbooks for public education purposes in the State.
(b) The Bonds authorized by this chapter to be issued by the Authority shall be in addition to all other bonds previously authorized to be issued by it, and the powers conferred on the Authority by this chapter are in addition to all other powers heretofore conferred on the Authority by acts heretofore enacted by the Legislature.
Frequently Asked Questions About Alabama § 16-16B-3
What does Code of Alabama § 16-16B-3 cover?
Section 16-16B-3 ("(Implementation Conditioned on Separate Legislative Enactment.) Authorization to Issue Additional Bonds and Purposes Thereof.") 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 § 16-16B-3?
A common citation format is "Code of Alabama § 16-16B-3" (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 § 16-16B-3 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.