Alabama Code (Last Updated: November 28, 2014) |
Title41 STATE GOVERNMENT. |
Chapter9. BOARDS AND COMMISSIONS. |
Article39. Tuskegee Airmen Commission. |
§41-9-964. Money from private sources, authority to borrow and pledge future revenues.
Latest version.
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The commission shall have the authority to borrow money from private sources, the state emergency fund or other sources as may be acceptable to the commission under terms and conditions as may be provided by law. In order to provide security for the repayment of any private or public loans, the commission shall have the authority to pledge future revenues from admissions and any other sources.