Alabama · FIN.3

Governor Approval of PSCA Bond Terms

Statutory

Required

Active

The Governor must approve the final terms and conditions of each Alabama Public School and College Authority bond issuance.

State: Alabama
Topic: FIN.3 Revenue & Special Bonds
Applies to: Applies to each PSCA bond issuance.
Trigger: Finalization of a PSCA bond issuance.
Conditions: Final bond terms and conditions require gubernatorial approval.
Responsible actors: Governor of Alabama; Alabama Public School and College Authority

Evidence & sources

NCSI profile: Alabama State Profile (2025), printed p. 29
Legal sources: Ala. Code § 16-16-7 — Alabama Code Section 16-16-7 (Statute / Code, primary)
Verification: Profile Only

Prototype research tool. Records are normalized from NCSI state profiles and have not been verified against current statutes or regulations. This is not legal advice — consult primary legal sources for current requirements.