Current as of January 01, 2019 | Updated by FindLaw Staff
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As promptly as practicable after the incorporation of the foundation, the Governor shall execute and deliver to the foundation an appropriate deed conveying to the foundation that certain lot or parcel of land owned by the state and situated adjacent to the Judicial Building in the City and County of Montgomery, Alabama, upon the condition that if the land shall ever cease being used for any of the purposes described in Section 34-3-100, title thereto shall revert to the state. The deed shall be so executed and delivered without the payment of any pecuniary consideration by the foundation, but upon the undertaking by the foundation to construct thereon a building or buildings suitable for the uses described in Section 34-3-100.
Cite this article: FindLaw.com - Alabama Code Title 34. Professions and Businesses § 34-3-106 - last updated January 01, 2019 | https://codes.findlaw.com/al/title-34-professions-and-businesses/al-code-sect-34-3-106/
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