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ALABAMA STATUTES AND CODES

Section 41-4-115 State departments and agencies authorized to enter into lease-sale contracts for procurement of equipment, etc.

Section 41-4-115

State departments and agencies authorized to enter into lease-sale contracts for procurement of equipment, etc.

All departments and agencies of the State of Alabama may, subject to the provisions of this chapter and Articles 2 and 3 of Chapter 16 of this title, execute and enter into lease-sale contracts for the procurement of materials, machinery and other equipment which are necessary to enable such state department or agency to carry out the obligations imposed by law upon such agency or department of the State of Alabama and which is in the best interest of the State of Alabama. All contracts under this section must be approved in writing by the Governor or by the Director of Finance when so authorized by the Governor.

(Acts 1969, No. 225, p. 545.)

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