Alabama Code 11-55-7. Notice to, approval or consent of governmental body, etc., not to be required for sale or issuance of bonds or execution of mortgages
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Terms Used In Alabama Code 11-55-7
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
No notice to or consent or approval by any governmental body or public officer shall be required as a prerequisite to the sale or issuance of any bonds or the making of a mortgage under the authority of this chapter.