Alabama Code (Last Updated: November 28, 2014) |
Title11 COUNTIES AND MUNICIPAL CORPORATIONS. |
Title2 PROVISIONS APPLICABLE TO MUNICIPAL CORPORATIONS ONLY. |
Chapter50. PUBLIC UTILITIES. |
Article3. Acquisition, Operation, etc., of Sewers or Sewer Systems by Municipalities Generally. |
Division2. Purchase of Sanitary Sewers or Sewer Systems and Assessments Therefor. |
§11-50-107. Refunding of excess assessments - Limitation period for presentation of claims; disposition of amounts not refunded.
Latest version.
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If such claims be not presented within 12 months from the date of the maturity or payment of the bonds, they shall be forever barred, and such amounts shall be converted into the general revenue fund of the city or town.