When any unit desiring to issue any obligations shall, by its governing body, adopt any resolution or take any other action required by law for the issuance of obligations of such unit, the governing body of such unit may, in its discretion, before the issuance of any of such obligations, determine its authority to issue such obligations and the legality of all proceedings had or taken in connection therewith, the validity of the tax or other revenues or means provided for the payment thereof and the validity of all pledges of revenues and of all covenants and provisions contained in any such resolution by filing a complaint against the taxpayers and citizens of each organizing subdivision. Such complaint shall be filed in the circuit court of the county in which the principal office of the unit is located.
(Acts 1953, No. 859, p. 1148, §2.)
Notes of Decisions
Aliant Bank v. Four Star Invs., Inc., 244 So. 3d 896 (Ala. 2017).
· cites it 2× “The Odenville town council thereafter adopted a resolution setting the assessments at the requested level, and the District then adopted its own resolution authorizing the issuance of the bonds.”
Eagerton v. Second Econ. Dev. Coop. Dist., 909 So. 2d 783 (Ala. 2005).
· cites it 4× “" After filing the certificate of incorporation and executing the funding agreement, the board of directors of the District, along with the County and members of the Commission (collectively referred to as "the appellees"), pursuant to Ala.Code 1975, § 11-81-221, filed a…”
Houston Cnty. Econ. Dev. Auth. v. State of Alabama, 168 So. 3d 4 (Ala. 2014).
“13 The Cooperative District filed a bond-validation petition in the Houston Circuit Court pursuant to § 11-81-221, Ala.Code 1975. That statute allows a public corporation to “determine its authority to issue .”
Annotations are extracted automatically from the opinions in the
Syfert caselaw corpus and ranked by authority, recency, and
treatment. Dots show Syfertize treatment of the citing case itself.