Alabama § 45-51A-31.34 - Exemption from Certain Requirements and Regulation.
Full text of Alabama Code of Alabama § 45-51A-31.34 — Exemption from Certain Requirements and Regulation., with citation guidance and answers to common questions.
§ 45-51A-31.34. Exemption from Certain Requirements and Regulation.
This subpart is intended to aid the state through the furtherance of the purposes of the subpart by providing an appropriate and independent instrumentality with full and adequate powers to fulfill its functions. Except as expressly provided in this subpart, no proceeding, notice, or approval shall be required for the establishment of the authority, the purchase of any note or other instrument secured by a mortgage deed of trust, note or other security interest, the issuance of any bonds, the execution of any mortgage and deed of trust or trust indenture, or the exercise of any other of its powers by the authority. Neither a public hearing nor the consent of the State Department of Finance or any other department, agency, bureau, board, or corporation of the state shall be prerequisite to the issuance of bonds by the authority.
Source: official Alabama text · Last verified 2026-08-27
Frequently Asked Questions About Alabama § 45-51A-31.34
What does Code of Alabama § 45-51A-31.34 cover?
Section 45-51A-31.34 ("Exemption from Certain Requirements and Regulation.") 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 § 45-51A-31.34?
A common citation format is "Code of Alabama § 45-51A-31.34" (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 § 45-51A-31.34 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.