1-3-3
Section 1-3-3 Execution of bonds, warrants, notes, etc., with facsimile signatures and seals. (a) In any instance where any bond, warrant, note or certificate is issued by any county, municipality, board of education or public corporation in this state and is required or permitted to be executed or attested by more than one person, a facsimile of the signature of any one or more of the persons or officers executing or attesting the same may be imprinted or otherwise reproduced on such instrument; provided, that at least one signature so required shall be manually subscribed thereon. In any instance where any interest coupons are attached to any such bond, warrant, note or certificate in evidence of installments of interest payable thereon, a facsimile of any or all of the signatures required or permitted thereon may be imprinted or otherwise reproduced thereon, and it shall not be necessary that any signature be manually inscribed on any such interest coupon. Any signature required or...
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11-12-4
Section 11-12-4 Auditing, registration, and payment of claims generally; requirements as to bonds and interest coupons. The county commission must audit all claims against the county, and every claim or such part thereof as is allowed must be registered in a book kept for that purpose and the chairman of the county commission must give the claimant a warrant on the treasury for the amount so allowed, but bonds and interest coupons evidencing interest on such bonds lawfully issued by the county shall not be required to be registered or to be proved nor shall warrants be required to issue therefor, but, in addition to all other privileges, shall be held to enjoy all the privileges of registered warrants from the date of their lawful issue and shall be held to be allowed claims from the date of their lawful issue. (Code 1852, §773; Code 1867, §907; Code 1876, §826; Code 1886, §901; Code 1896, §1416; Code 1907, §146; Acts 1923, No. 483, p. 634; Code 1923, §224; Code 1940, T. 12,...
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45-37-162.01
Section 45-37-162.01 Definitions. For purposes of this part, the following terms have the following meanings: (1) COUNTY. Jefferson County, Alabama. (2) DEBT. Indebtedness for borrowed money, whether in the form of bonds, warrants, notes, or other similar instruments or capitalized leases. (3) OFFICIAL STATEMENT. An official statement, offering memorandum, placement memorandum, or a similar document prepared for distribution to investors or purchasers of debt. A preliminary official statement refers to an official statement prepared for distribution to prospective investors or purchasers, and a final official statement refers to an official statement prepared for distribution after the final terms of issuance have been determined. (4) QUALIFIED SWAP PROVIDER. A counterparty as defined in Section 41-1-41. (5) SWAP AGREEMENT. Either of the following: a. Any interest rate swap agreement, interest rate cap agreement, interest rate floor agreement, interest rate collar agreement, or any...
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11-57-1
Section 11-57-1 Definitions. The following words and phrases, whenever used in this chapter, shall have the following respective meanings, unless the context clearly indicates otherwise: (1) AUTHORITY. A corporation organized pursuant to the provisions of this chapter. (2) BOARD. The board of directors of the authority. (3) BOND. Any bond issued under the provisions of this chapter, including refunding bonds. (4) COUNTY. That county in which the certificate of incorporation of the authority shall be filed for record. (5) COUPON. Any interest coupon evidencing an installment of interest payable with respect to a bond. (6) FISCAL YEAR. A fiscal year of the municipality. (7) GOVERNING BODY. The council, board of commissioners, or other like body in which the legislative functions of the municipality are vested by law. (8) INDENTURE. A mortgage, an indenture of mortgage, deed of trust or trust indenture executed by the authority as security for any bonds. (9) LEASE AGREEMENT. Any agreement...
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11-8A-3
Section 11-8A-3 County government bond financing review form. (a) In addition to any and all other documents presented for examination and execution of a bond financing agreement which, for the purposes of this chapter, takes place at the time a county commission makes an official award of the bonds, the county commission shall execute a county government bond financing review form. The standard review form shall be prepared by the Department of Examiners of Public Accounts and shall include statements to the effect that: (1) The county commission has considered whether it can satisfy its financial obligations for the life of the bonds. (2) In the case of limited obligation indebtedness, the county commission has identified the source for the debt service payments for the life of the bonds, and in the case of general obligation indebtedness, the county commission has indicated that the full faith and credit of the county has been pledged for the debt service payments for the life of...
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11-9-2
Section 11-9-2 Authority for issuance; form, terms, denominations, etc.; sale and disposition of proceeds; pledge for payment of principal and interest generally. Each county which is now levying or may hereafter levy a special sanitary tax shall have the power from time to time to sell and issue, in addition to all other securities which it may now or hereafter be authorized to issue, interest-bearing warrants or certificates of indebtedness of such county for the purpose of paying the costs of acquiring, providing, constructing, enlarging or extending a sanitary sewer system or systems or any part or parts thereof, including sanitary sewers, outfall lines, a sewage disposal plant or plants and appurtenances to any thereof; provided, that the maximum principal amount of warrants and certificates of indebtedness that may be issued under the provisions of this article shall not exceed $1,500,000.00. Any such warrants or certificates of indebtedness may be in such denomination or...
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16-13-302
Section 16-13-302 Issuance authorized; purposes; refunding warrants; powers of the boards; mandamus for payment. (a) In addition to all other notes, obligations, warrants, and other forms or types of indebtedness which any board shall have the power to issue pursuant to laws other than this article, each board shall have full and continuing power from time to time to issue and sell warrants for educational and public school purposes, including, without limitation, the following: (1) For the purpose of paying the costs of public school facilities. (2) For the purpose of paying or refunding all or any portion (principal or interest or premium) of any refundable debt then outstanding, whether such refunding shall occur before, at, or after the maturity of the refundable debt to be refunded. (3) For the payment of extraordinary, nonrecurring items that are not customarily payable from current revenues, including, without limitation, casualty losses, legal judgments, and payments due upon...
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16-13-210
Section 16-13-210 Definitions. Whenever used in this article, unless a different meaning clearly appears in the context, the following terms shall be given the following respective meanings: (1) BOARD OF EDUCATION. Any county board of education and any city board of education. (2) NOTES. The warrant anticipation notes authorized to be issued under this article. (3) WARRANTS. The interest-bearing tax anticipation warrants authorized to be issued by a board of education under Article 4 of this chapter and the capital outlay warrants authorized to be issued by a board of education under Article 5 of this chapter. (Acts 1979, No. 79-823, p. 1538, §1.)...
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22-21-130
Section 22-21-130 Definitions. For the purposes of this article, unless otherwise indicated, the following terms shall have the meanings respectively ascribed to them by this section: (1) AUTHORITY. A corporation organized pursuant to the provisions of this article. (2) BOARD. The board of directors of the authority. (3) BOND. Any bond issued under the provisions of this article, including refunding bonds. (4) COUNTY. That county in which the certificate of incorporation of the authority shall be filed for record. (5) COUPON. Any interest coupon evidencing an installment of interest payable with respect to a bond. (6) FISCAL YEAR. A fiscal year of the municipality. (7) GOVERNING BODY. The council, board of commissioners or other like body in which the legislative functions of the municipality are vested by law. (8) INDENTURE. A mortgage, an indenture of mortgage, deed of trust or trust indenture executed by the authority as security for any bonds. (9) LEASE AGREEMENT. Any agreement of...
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45-39-83
Section 45-39-83 Compensation. (a) In addition to all compensation heretofore provided by law, each member of the Jury Commission of Lauderdale County, including the clerk of the commission, shall be paid five dollars ($5) per day for the time actually engaged in the discharge of his or her duties as such member, to be paid out of the county treasury, upon the warrant of the judge of probate of the county. Such warrants shall be issued by the judge of probate upon evidence satisfactory to him or her that service has been rendered, but the total compensation of each member, from the state and county, shall not exceed one thousand five hundred dollars ($1,500) for any one year of his or her term. (b) The provisions of this section are cumulative and shall not be construed to repeal or supersede any laws not directly inconsistent herewith. (Act 79-582, p. 1044, §§1, 2.)...
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