Ala. Code § 2-6-111
Current through the 2024 Regular Session.
The corporation may sell and issue its refunding bonds, without limit as to principal amount, for the purpose of refunding any bonds of the corporation at the time outstanding, paying the expenses of issuance, and paying any premiums necessary to be paid to redeem any bonds to be refunded.
Ala. Code § 2-6-111 (1975)