Section 11-20-49 Exemptions of corporations - Competitive bid laws.
Section 11-20-49
Exemptions of corporations - Competitive bid laws.
Each corporation organized under the provisions of this article, and all contracts made by such corporations, shall be exempt from the provisions and requirements of Sections 41-16-50 through 41-16-63.
(Acts 1977, No. 762, p. 1310, §19.)