NOTE: §1809 eff. until July 1, 2021. See Acts 2018, No. 569.
§1809. Federal or state grant money; payment of grant anticipatory notes
Grant or loan funds from the state or federal government for any construction and improvement for which the public entity is authorized to expend moneys shall be pledged for the payment of the grant anticipation note or notes and the interest thereon. The note or notes and the interest thereon shall be a first lien upon and charge against the grant or loan funds.
NOTE: §1809 as repealed by Acts 2018, No. 569, eff. July 1, 2021.
§1809. Repealed by Acts 2018, No. 569, §2, eff. July 1, 2021.
Added by Acts 1980, No. 257, §1, eff. July 12, 1980; Acts 2018, No. 569, §2, eff. July 1, 2021.
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