Section 41-10-98 Proceeds of Bonds Not to Be Used for Payment of Fees, Commissions, Etc., for Services in Sale, Issuance, Execution, Etc., of Bonds; Maximum Amount Payable to Attorneys for Services Rendered. — United States — Alabama law | Esheria

Section 41-10-98 Proceeds of Bonds Not to Be Used for Payment of Fees, Commissions, Etc., for Services in Sale, Issuance, Execution, Etc., of Bonds; Maximum Amount Payable to Attorneys for Services Rendered.

Bond proceeds may not be used to pay fees, commissions, expenses, salaries, or other remuneration for bond-related services, and attorneys’ fees paid for services to the authority are capped at 0.5% of the bond face amount.

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Jurisdiction
United States — Alabama
Instrument
Act or statute
Version
Undated source snapshot
Language
en
Official source
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attorneys' fees bonds fees

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