Alabama Code (Last Updated: November 28, 2014) |
Title16 EDUCATION. |
Chapter16. ALABAMA PUBLIC SCHOOL AND COLLEGE AUTHORITY. |
§16-16-17. Swap agreements.
Latest version.
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Notwithstanding any other provision of law, including without limitation Article 3 of Chapter 1 of Title 41, the Public School and College Authority shall not enter into any swap agreement involving the bonds authorized to be issued by Act 2010-731 or Act 2009-813. For purposes of the preceding sentence, swap agreement shall have the same meaning as provided in Section 41-1-41.