Alabama § 45-18-90.04 - Powers and Obligations of Board.
Full text of Alabama Code of Alabama § 45-18-90.04 — Powers and Obligations of Board., with citation guidance and answers to common questions.
§ 45-18-90.04. Powers and Obligations of Board.
The board may provide for constructive notice of any statutory mortgage lien, authorize and make provisions respecting the assumption by the authority of obligations respecting facilities and other property acquired by the authority; provide for the use of the proceeds of bonds and notes issued by the authority; provide for the refunding by the issuance of bonds and notes of the authority of bonds and notes theretofore issued or obligations theretofore assumed by it. Bonds and notes issued and contracts entered into by the authority pursuant to this article shall not constitute or create a debt of the state or of any county, municipality, or other political subdivision of the state.
Source: official Alabama text · Last verified 2026-08-27
Frequently Asked Questions About Alabama § 45-18-90.04
What does Code of Alabama § 45-18-90.04 cover?
Section 45-18-90.04 ("Powers and Obligations of Board.") 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 § 45-18-90.04?
A common citation format is "Code of Alabama § 45-18-90.04" (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 § 45-18-90.04 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.