Code of Alabama

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11-85-107
Section 11-85-107 Bonds - Authentication; redemption; sale; refunding; use of proceeds;
security; investment of funds. The bonds of the authority shall be signed by its president
and attested by its secretary and the seal of the authority shall be affixed thereto or a
facsimile of such seal shall be printed or otherwise reproduced thereon; provided, that a
facsimile of the signature of one, but not both, of said officers may be printed or otherwise
reproduced on any such bonds in lieu of being manually subscribed thereon and a facsimile
of the signatures of both of the officers may be printed or otherwise reproduced on such bonds
in lieu of being manually affixed thereof if the authority, in its proceedings with respect
to issuance of the bonds, provides for manual authentication of such bonds. The State Treasurer
shall be registrar, transfer agent, and paying agent for the bonds. The State Treasurer may
designate named individuals who are employees of the state and who are assigned to...
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11-95-10
Section 11-95-10 Refunding bonds. Any bonds issued by a corporation may from time to
time be refunded by the issuance, by sale or exchange, of refunding bonds payable from the
same or different designated revenues for the purpose of paying all or any part of the principal
of the bonds to be refunded, 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, any accrued and unpaid interest on the bonds to be refunded, 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 the expenses incurred in connection with such refunding;
provided, 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 outstanding bonds for such...
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16-60-91
Section 16-60-91 Execution, form, terms, sale, etc., of bonds; use of proceeds; security;
bonds legal investments. The bonds of the authority shall be signed by its president and attested
by its secretary and the seal of the authority shall be affixed thereto, and any interest
coupons applicable to such bonds shall be signed by the president; provided, that a facsimile
of the signature of one, but not both, of said officers may be printed or otherwise reproduced
on any such bonds in lieu of his signing the same, a facsimile of the seal of the authority
may be printed or otherwise reproduced on any such bonds in lieu of being manually affixed
thereto and a facsimile of the president's signature may be printed or otherwise reproduced
on any such interest coupons in lieu of his signing the same. Any bonds of the authority may
be executed and delivered by it 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...
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11-57-11
Section 11-57-11 Bonds - Authority for issuance; security for payment of principal and
interest generally; form, terms, denominations, etc.; sale, redemption, etc. The authority
is empowered at any time and from time to time to sell and issue its revenue bonds for the
purpose of providing funds to acquire, construct, improve, enlarge, complete and equip one
or more projects and for payment of obligations incurred for any such purpose. The principal
of and interest on any such bonds shall be payable solely out of the revenues derived from
the project with respect to which such bonds were issued. Any bonds of the authority may be
delivered by it 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 chapter as may be provided by the...
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11-61A-13
Section 11-61A-13 Bonds. (a) The authority may issue and sell its interest-bearing revenue
bonds for any corporate purpose at any time or times. The principal of and the interest on
the bonds shall be payable solely from, and may be secured by a pledge of, the revenues derived
by the authority from the operation of any or all of its parking facilities and other property,
or by mortgage of any property of the authority. The bonds issued or contracts entered by
the authority shall not constitute or create an obligation, debt, or charge against the credit
or taxing power of the state, any county, or municipality within the state. (b) The board
may provide for each of the following regarding the bonds: (1) Issuance time or times. (2)
Form and denominations. (3) Tenor. (4) Payment installments, which shall be at a time or times
not exceeding 40 years from their date. (5) Place or places of payment, whether within or
without the state. (6) Interest rate or rates payable and evidenced in a...
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22-21-182
Section 22-21-182 Borrowing by corporation generally; debts not obligations of state,
counties or municipalities; tax exemptions. (a) All securities of the corporation shall be
signed in the name and behalf of the corporation by its chairman and attested by its secretary,
but a facsimile of the signature of one, but not both, of such officers may be printed thereon
in lieu of the manual signature of such officer, and the seal of the corporation shall be
affixed thereto or a facsimile thereof printed thereon. Any interest coupons applicable to
any securities of the corporation shall be signed by its chairman, but a facsimile of such
chairman's signature may be printed on any such interest coupons in lieu of his manually signing
the same. Any securities of the corporation may be executed and delivered by it at any time
and from time to time, shall be in such form and denomination and of such tenor and maturity
or maturities not exceeding 40 years from their date, shall contain such...
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22-21-320
Section 22-21-320 Securities of authority. Securities of an authority may be executed
and delivered by it at any time and from time to time, shall be in such form and denominations
and of such tenor and maturity or maturities not exceeding 40 years from their date, shall
bear such rate or rates of interest (which may be fixed or which may float or vary based on
some index or other standard deemed appropriate by the board), shall be 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 authorizing the same or by the indenture whereunder such securities are authorized
to be issued. Each such security having a specified maturity date more than 10 years after
its date shall be made subject to redemption at the option of the authority at the end of
the tenth year after its date, and on any interest payment date thereafter, under...
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37-13-11
Section 37-13-11 Bonds of authority - Generally. Each authority shall have the power
and is hereby authorized at any time and from time to time to issue and sell its revenue bonds
for any of its corporate purposes. The principal of and the interest on all such bonds shall
be payable solely from, and may be secured by a pledge of, the revenues derived by the authority
from the operation, leasing or sale of any or all of its railroad properties and facilities,
and other property. No bonds issued or contracts entered into by the authority shall ever
constitute or create an obligation or debt of the state, or of any county, city or town within
the state, or a charge against the credit or taxing powers of the state, or of any county,
city or town within the state. Bonds of the authority may be issued by any time and from time
to time, may be in such form, either in bearer form with appurtenant coupons (and subject
to registration as to principal or interest, or both, all as the board may...
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41-29-504
Section 41-29-504 Details respecting the bonds. The bonds of the authority shall be
signed by its president and attested by its secretary, and the seal of the authority shall
be affixed thereto or a facsimile of such seal shall be printed or otherwise reproduced thereon;
provided, that: (a) a facsimile of the signature of one, but not both, of the officers may
be printed or otherwise reproduced on any such bonds in lieu of being manually subscribed
thereon, and (b) a facsimile of the signatures of both of the officers may be printed or otherwise
reproduced on such bonds in lieu of being manually affixed thereof if the authority, in its
proceedings with respect to issuance of the bonds, provides for manual authentication of such
bonds and the secretary designates a trustee or paying agent or named individuals who are
employees of the state and who are assigned to the finance department or the state treasurer's
office of the state to authenticate the bonds. Any bonds of the authority may...
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45-37A-56.33
Section 45-37A-56.33 Bonds of the authority. The authority shall have the power and
is hereby authorized at any time and from time to time to issue and sell its interest bearing
revenue bonds for any of its corporate purposes. The principal of and the interest on all
such bonds shall be payable solely from, and may be secured by a pledge of, the revenues derived
by the authority from the operation of any or all of its parking facilities and other property,
or by mortgage of any property of the authority. None of the bonds issued or contracts entered
into by the authority shall ever constitute or create an obligation or debt of the state,
or of any county, city, or town within the state, or a charge against the credit or taxing
powers of the state, or of any county, city, or town within the state. Bonds of the authority
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...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-37A-56.33.htm - 3K - Match Info - Similar pages

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