Alabama Code (Last Updated: November 28, 2014)

§16-15-12. Payment of bonds.

Latest version.

Out of the revenues appropriated and pledged in Section 16-15-11, the State Treasurer is hereby authorized and directed to pay the principal of and interest on the bonds issued by the Alabama Education Authority under the provisions of this chapter, as such principal and interest shall respectively mature, and the State Treasurer is further authorized and directed to set up and maintain appropriate records pertaining thereto.

(Acts 1959, 2nd Ex. Sess., No. 126, p. 369, §12.)

                    
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