Alabama Code 11-92C-10. Proceeds from the sale of bonds
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All moneys derived from the sale of any bonds issued by an authority shall be used solely for the purpose or purposes for which the same are authorized, including, but not limited to, the use of bond proceeds to establish reserve funds as security for the payment of the principal, premium, as applicable, and interest on the bonds, and any costs and expenses incidental thereto. The costs and expenses may include, but shall not be limited to the following:
Terms Used In Alabama Code 11-92C-10
- following: means next after. See Alabama Code 1-1-1