Section 23-2-120

Maintenance of tolls; prohibition against further bonded indebtedness.

Whenever the Secretary of Commerce of the United States designates any toll tunnel or toll bridge in the State of Alabama as a part of the interstate highway system and the tolls or income from said toll bridge or toll tunnel have been pledged for the payment of bonds or other outstanding debt, then the tolls shall be allowed to remain on said toll facility to provide the necessary income for the payment of necessary costs of operation and maintenance and the payment of the then outstanding indebtedness of said toll facility. No further bonded indebtedness shall be incurred against said toll facility from the date the same is designated a part of the interstate highway system, and all income from said facility shall be utilized for debt payment as rapidly as possible after necessary costs of operation and maintenance are paid.

(Acts 1957, No. 450, p. 612, §1.)