33-17-12
Section 33-17-12 Bonds - Generally. There are hereby authorized to be issued bonds of
the state in aggregate principal amount not exceeding $10,000,000.00. The bonds hereby authorized
shall be general obligations of the state, and the full faith and credit of the state are
hereby irrevocably pledged for the prompt and faithful payment of the principal of and the
interest on the bonds. The bonds may be sold from time to time as the board of directors may
deem advantageous; provided, that no bonds (other than refunding bonds) may be sold or issued
unless the Governor shall have first determined that the issuance of the bonds proposed to
be issued will be necessary to enable the authority to fulfill the requirements of local contribution,
participation and cooperation established by the United States in connection with the waterway
and the flood control project. Except as hereinafter limited, the bonds may be executed and
delivered at any time and from time to time, may be in such forms,...
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11-92C-9
Section 11-92C-9 Bonds of authority. (a) Source of payment. All bonds issued by an authority
shall be payable solely out of the revenues and receipts derived from the leasing or sale
by the board of its projects, or from any other source as may be designated in the proceedings
of the board under which the bonds are authorized to be issued. (b) Pledge of revenues, receipts,
and other security. The principal and interest on any bonds issued by an authority shall be
secured by a pledge of the revenues and receipts out of which the principal and interest may
be payable and may be secured by a mortgage and deed of trust or trust indenture conveying
as security for the bonds all or any part of the property of the authority from which the
revenues or receipts so pledged may be derived. (c) Resolutions. The resolution under which
the bonds of an authority are authorized to be issued and any mortgage and deed of trust or
trust indenture may contain any agreements and provisions respecting the...
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2-3A-8
Section 2-3A-8 Bonds of the authority. (a) Source of payment. All bonds issued by the
authority shall be payable solely out of the revenues and other receipts of the authority
as may be designated in the proceedings of the board under which the bonds shall be authorized
to be issued. (b) Pledge of revenues and other security. The principal of and interest on
any bonds issued by the authority shall be secured by a pledge of the revenues and other receipts
out of which the same may be payable and may be secured by a trust indenture evidencing such
pledge or by a foreclosable mortgage and deed of trust conveying as security for such bonds
all or any part of the property of the authority from which the revenues so pledged may be
derived. The resolution under which the bonds are authorized to be issued or any such trust
indenture or mortgage may contain any agreements and provisions respecting the maintenance
and insurance of the property covered by such trust indenture or mortgage, the use...
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23-1-157
Section 23-1-157 Bonds - Generally. (a) The bonds of the corporation shall be signed
by its president or vice president and attested by its secretary; provided, that a facsimile
of the signature of the officers may be imprinted or otherwise reproduced on any such bonds
in lieu of his or her signing the same. The seal of the corporation shall be affixed to such
bonds; provided, that a facsimile of the seal may be imprinted or otherwise reproduced on
any such bonds in lieu of being manually affixed thereon. (b) Any bonds of the corporation
may be executed and delivered at any time and from time to time, shall be in such form and
denominations and of such tenor and maturities, shall bear such rate or rates of interest
payable and evidenced in such manner, may contain provisions for redemption prior to maturity
and may contain other provisions not inconsistent with this article, all as may be provided
by the resolution of the board of directors whereunder such bonds are authorized to be...

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33-13-9
Section 33-13-9 Bonds - Generally. There are hereby authorized to be issued bonds of
the state in aggregate principal amount not exceeding $45,000,000.00 for the purpose of paying
costs of the development, construction, improvements, expansion and modernization (or any
of them) of the State Docks Department at the Port of Mobile. The bonds hereby authorized
shall be general obligations of the state, and the full faith, credit and taxing powers of
the state are hereby irrevocably pledged for the prompt and faithful payment of the principal
thereof and the interest thereon. The bonds may be sold from time to time as the board of
directors may deem advantageous; provided, that no bonds (other than refunding bonds) may
be sold or issued unless the Governor shall have first determined that the issuance of the
bonds proposed to be issued will be necessary to enable the authority to promote, develop,
construct, improve, expand and modernize the state docks facilities. Except as hereinafter...

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24-1A-8
Section 24-1A-8 Refunding bonds. (a) Any bonds issued by the authority may from time
to time be refunded by the issuance, by sale or exchange, of refunding bonds payable from
the same or different sources for the purpose of paying: (1) All or any part of the principal
of the bonds to be refunded; (2) Any redemption premium required to be paid as a condition
to the redemption prior to maturity of any such bonds that are to be so redeemed in connection
with such refunding; (3) Any accrued and unpaid interest on the bonds to be refunded; (4)
Any interest to accrue on each bond to be refunded to the date on which it is to be paid,
whether at maturity or by redemption prior to maturity; and (5) The expenses incurred in connection
with the refunding; provided, however, that unless duly called for redemption pursuant to
provisions contained therein, the holders of any such bonds then outstanding and proposed
to be refunded shall not be compelled without their consent to surrender their...
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41-10-268
Section 41-10-268 Authorization, issuance and sale of bonds. The authority is hereby
authorized from time to time to sell and issue its interest-bearing or noninterest-bearing
bonds, in one or more series, not to exceed an aggregate principal amount of $40,000,000.00,
excluding refunding bonds described in Section 41-10-277, for the purpose of providing
funds for the acquisition, construction, installation and equipping of judicial facilities,
and for payment of obligations incurred for any of said purposes. Bonds of the authority may
be in such form and denominations, may be of such tenor, may be payable in such installments
and at such time or times not exceeding 30 years from their date, may be payable at such place
or places, may be redeemable at such times and under such conditions, may bear interest at
such rate or rates payable and evidenced in such manner or may be structured to bear no interest
or to reflect compound interest and may be secured in such manner, all as shall not...
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23-6-8
Section 23-6-8 Bonds of corporation; annual appropriation from state Public Road and
Bridge Fund. (a) The bonds of the corporation shall be signed by its president and attested
by its secretary and the seal of the corporation shall be affixed thereto or a facsimile thereof
printed or otherwise reproduced thereon. The signatures of both the president and the secretary
on any bonds may be facsimile signatures if the board of directors, in its proceedings with
respect to issuance of the bonds, provides for manual authentication thereof, or manual execution
of certificates of registration thereon, by a trustee, registrar, or paying agent or by named
individuals who are employees of the state assigned to the Finance Department or the State
Treasurer's office. Any bonds of the corporation may be executed and delivered by it at any
time and shall be in the form and denominations and of the tenor and maturities, shall bear
the rate or rates of interest payable and evidenced in such manner, may...
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11-15-9
Section 11-15-9 Warrants - Authority for issuance; form, terms, denominations, redemption,
etc.; sale. The corporation is authorized to issue its interest-bearing revenue warrants for
the purpose of acquiring, constructing, improving, enlarging, completing and equipping one
or more projects. All warrants issued by the corporation shall be limited obligations of the
corporation, the principal of and interest on which shall be payable solely out of the revenues
derived from the projects with respect to which they are issued. None of the warrants of the
corporation shall ever constitute an obligation or debt of the state or of the county or a
charge against the credit or taxing powers of the state or the county. Warrants of the corporation
may be issued at any time and from time to time, may be in such form and denominations, may
be of such tenor, may be payable in such installments and at such time or times not exceeding
30 years from their date, may be payable at such place or places...
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24-1A-6
Section 24-1A-6 Bonds. (a) General. The authority may from time to time issue its negotiable
bonds in such principal amounts as, in the opinion of the authority, shall be necessary to
provide sufficient funds for achieving the corporate purposes thereof, the payment of interest
on bonds of the authority, establishment of reserves to secure such bonds and all other expenditures
of the authority incident to, and necessary or convenient to, carrying out its corporate purposes
and powers. (b) Sources of Payment. Bonds issued by the authority shall be payable solely
out of revenues or property of the authority specified in the resolutions authorizing the
issuance of such bonds. To the extent permitted by any contracts with the holders of outstanding
bonds and any other contractual obligations or requirements, the authority may pledge any,
or all, of its revenues or mortgages or assign any, or all, of its assets (whether real or
personal and whether tangible or intangible) to secure the...
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