Alabama § 45-37-162.01 - Definitions.
Full text of Alabama Code of Alabama § 45-37-162.01 — Definitions., with citation guidance and answers to common questions.
§ 45-37-162.01. Definitions.
For purposes of this part, the following terms have the following meanings:
(1) COUNTY. Jefferson County, Alabama.
(2) DEBT. Indebtedness for borrowed money, whether in the form of bonds, warrants, notes, or other similar instruments or capitalized leases.
(3) OFFICIAL STATEMENT. An official statement, offering memorandum, placement memorandum, or a similar document prepared for distribution to investors or purchasers of debt. A preliminary official statement refers to an official statement prepared for distribution to prospective investors or purchasers, and a final official statement refers to an official statement prepared for distribution after the final terms of issuance have been determined.
(4) QUALIFIED SWAP PROVIDER. A counterparty as defined in Section 41-1-41.
(5) SWAP AGREEMENT. Either of the following:
a. Any interest rate swap agreement, interest rate cap agreement, interest rate floor agreement, interest rate collar agreement, or any other similar agreement, including any option to enter into any of the foregoing.
b. Any agreement subject to Article 3 of Chapter 1 of Title 41.
Frequently Asked Questions About Alabama § 45-37-162.01
What does Code of Alabama § 45-37-162.01 cover?
Section 45-37-162.01 ("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 § 45-37-162.01?
A common citation format is "Code of Alabama § 45-37-162.01" (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 § 45-37-162.01 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.