(a) Nothing in this article shall be construed to constitute a guarantee or assumption by the state of any debt of any company nor to authorize the credit of the state to be given, pledged, or loaned to any company.

Terms Used In Alabama Code 40-18-381

  • state: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Alabama Code 1-1-1
(b) The provisions of this article shall not be construed in a manner adverse to the validity of any jobs act incentives.
(c) Nothing in this article shall be construed to make available to any company any right to the jobs act incentives absent strict compliance with this article.