Ala. Code
Code of Alabama

Ala. Code § 9-10-40 (2026)

Bonds, Etc., Not Obligations of State or Counties.

✓ official Alabama Legislature (ALISON) text, current July 2026
Find cases: SyfertCases citing this section JustiaAla. Code CornellLII Search CasesGoogle Scholar

No bond or other obligation of such a corporation shall be deemed to be the obligation of or a claim against the state or a county thereof.

(Acts 1955, No. 539, p. 1186, §12.)