Section 11-44E-182 Contracts extending beyond one year.

Section 11-44E-182

Contracts extending beyond one year.

No contract involving the payment of money out of the appropriation of more than one year shall be made for a period of more than five years, nor shall any such contract be valid unless made or approved by resolution or ordinance.

(Acts 1988, No. 88-445, p. 660, §10.03.)