Alabama Code (Last Updated: November 28, 2014)

§41-16A-10. Reliance of grantor party on legal authority of entity.

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Any grantor party and each person claiming by, through, or under a grantor party may conclusively rely on the legal authority of a governmental entity to enter into an alternative financing contract and to perform the obligations of such governmental entity thereunder.

(Acts 1993, No. 93-261, p. 389, §10.)

                    
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