Alabama Code (Last Updated: November 28, 2014) |
Title11 COUNTIES AND MUNICIPAL CORPORATIONS. |
Title3 PROVISIONS APPLICABLE TO COUNTIES AND MUNICIPAL CORPORATIONS. |
Chapter81. MUNICIPAL AND COUNTY BONDS. |
Article1. General Provisions. |
§11-81-8. Estimate as to period of usefulness of improvement or property for which bonds issued.
Latest version.
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The governing body shall estimate the period of usefulness of the improvement or property for which the bonds are issued, and such estimate of the governing body shall be conclusive.