Alabama Code (Last Updated: November 28, 2014) |
Title36 PUBLIC OFFICERS AND EMPLOYEES. |
Chapter13. GOVERNOR. |
Article1. General Provisions |
§36-13-4. Negotiation of temporary loans to meet deficiencies in Treasury.
Latest version.
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Should any deficiency occur in the State Treasury at any time, the Governor may negotiate temporary loans, not to exceed $100,000.00, or so much thereof as may be necessary, to supply such deficiency.