Alabama Code (Last Updated: November 28, 2014) |
Title24 HOUSING. |
Chapter1A. ALABAMA HOUSING FINANCE AUTHORITY. |
Article1. Housing Finance Authority. |
§24-1A-11. Applicability of certain provisions of Uniform Commercial Code.
Latest version.
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The provisions of subsection (d)(14) of Section 7-9A-109, to the contrary notwithstanding, the provisions of Article 9A of Title 7 shall apply with full force and effect to any security interest (whether denominated a pledge, assignment or otherwise) in any tangible or intangible personal property of the authority created or made in connection with any issue of bonds of the authority.