SB203 Alabama 2011 Session

Updated Feb 27, 2026

Notable

Summary

Primary Sponsor: Greg J. Reed
Republican
Session: Regular Session 2011
Title: Port authorities, counties and municipalities, bond issuance, publication of notices regarding, civil actions required to be filed within a certain time thereafter, Sec. 11-94-10 am'd.
Summary: SB203 lets port authorities publish bond notices in newspapers and online and restricts challenges to bond validity to 20 days after first notice.
What This Bill Does
Gives port authorities the option to publish bond issuance notices in newspapers in each county within their operating area, twice (over two consecutive weeks), and on the internet if the newspaper has an online site. Requires the notice to state that any challenge to the bonds or related agreements must be filed within 20 days after the first publication. Maintains that bonds are payable only from the authority's revenues and do not create debt for the state or local governments.

Who It Affects
Port authorities and the counties/municipalities that establish them, who must publish notices and manage bond issuance under the new rules.
Members of the public in the counties within the port authority's area who might challenge the bond issuance or related agreements, who must file any challenge within 20 days of the first publication.

Key Provisions
Upon adoption of a bond issuance resolution, the authority must publish a notice once a week for two consecutive weeks in newspapers of general circulation in each county within its authorized area, and on the newspaper's internet site if available.
The notice must include language about the right to challenge the bonds and must state that any action to contest the bonds or related pledges, leases, or sales must be commenced within 20 days after the first publication.
After the 20-day window, no legal action to question the validity of the bonds or related arrangements may be brought, except within that period.
Bonds remain payable solely from the authority's revenues and do not create a debt of the state or any county or municipality.

AI-generated summary using openai/gpt-5-nano on Feb 25, 2026. May contain errors — refer to the official bill text for accuracy.
Subjects: Port Authorities