Alabama § 22-23A-4 - Water Supply Assistance Fund Established; Deposits; Expenditures; Investments.
Full text of Alabama Code of Alabama § 22-23A-4 — Water Supply Assistance Fund Established; Deposits; Expenditures; Investments., with citation guidance and answers to common questions.
§ 22-23A-4. Water Supply Assistance Fund Established; Deposits; Expenditures; Investments.
There is hereby established a special fund within the State Treasury to be known as the “Water Supply Assistance Fund.” Proceeds from the sale of bonds issued by the authority shall be deposited in this special “Water Supply Assistance Fund.” Money in such fund shall be expended in accordance with adopted regulations and policies of the authority and may be used to provide a loan or loans for community water system supply projects or to refinance debt of community water systems or to secure principal and interest on bonds issued by the authority. Money not currently needed for the operation of the Water Supply Assistance Fund may be invested, from time to time, by the board and all interest earned on such investments shall be credited to the Water Supply Assistance Fund.
Source: official Alabama text · Last verified 2026-08-27
Frequently Asked Questions About Alabama § 22-23A-4
What does Code of Alabama § 22-23A-4 cover?
Section 22-23A-4 ("Water Supply Assistance Fund Established; Deposits; Expenditures; Investments.") 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 § 22-23A-4?
A common citation format is "Code of Alabama § 22-23A-4" (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 § 22-23A-4 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.