|
16-18B-9
Section 16-18B-9 Bonds - Redemption. The bonds of each series issued pursuant to this article
may be issued as serial bonds payable in annual installments or as term bonds or as a combination
thereof, and the principal of the bonds of each such series shall mature or be subject to
mandatory redemption according to such schedule as the board of directors of said corporation
shall determine in the resolution authorizing the issuance of such series. The bonds may be
made subject to redemption prior to their respective maturities, at the option of the state,
on such terms and conditions as shall be provided by the board of directors of the corporation
in the resolution authorizing the issuance of such series. Any or all of such bonds subject
to redemption at the option of the state may be called for redemption by the corporation pursuant
to a resolution adopted by the board of directors thereof if pursuant to appropriations theretofore
made by the Legislature the moneys required for such...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-18B-9.htm - 1K - Match Info - Similar pages
22-23B-2
Section 22-23B-2 Definitions. The following words and phrases, whenever used in this chapter,
shall have the following respective meanings unless the context clearly indicates otherwise:
AUTHORITY. The corporation organized pursuant to the provisions of this chapter as a public
corporation, agency and instrumentality of the state and known as the "Alabama Drinking
Water Finance Authority." AUTHORIZING RESOLUTION. A resolution, order or other proceedings
adopted by the board of directors of the authority authorizing the issuance of bonds, agreements
and related matters. BOARD OF DIRECTORS. The board of directors of the authority. BOND PROCEEDS.
The net proceeds of sale of bonds or notes, and the income derived from the investment of
such proceeds. BONDS. The bonds, notes or obligations or other evidences of indebtedness issued
by the authority under the provisions of this chapter. DEPARTMENT. The Alabama Department
of Environmental Management or any successor. FEDERAL ACT. The Act of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-23B-2.htm - 6K - Match Info - Similar pages
9-14A-11
Section 9-14A-11 Bonds - Redemption. The bonds of each series issued pursuant to this chapter
may be issued as serial bonds payable in annual installments or as term bonds or as a combination
thereof, and the principal of the bonds of each such series shall mature or be subject to
mandatory redemption according to such schedule as the respective board of directors of said
corporations shall determine in the resolution authorizing the issuance of such series. The
bonds may be made subject to redemption prior to their respective maturities, at the option
of the state, on such terms and conditions as shall be provided by the board of directors
of the corporation in the resolution authorizing the issuance of such series. Any or all of
such bonds subject to redemption at the option of the state may be called for redemption by
the corporations pursuant to a resolution adopted by the respective board of directors thereof
if pursuant to appropriations theretofore made by the Legislature the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/9-14A-11.htm - 1K - Match Info - Similar pages
23-1-177
Section 23-1-177 Bonds - Generally. (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 printed or otherwise reproduced thereon; provided, that 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 his or her signing the same. (b) Any bonds of the corporation 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 rates of interest payable and evidenced
in such manner, may contain provisions for redemption prior to maturity, and may contain such
other provisions not inconsistent with this article, all as may be provided by the resolution
of the board of directors under which such bonds are authorized to be issued; provided, that
no bond of the corporation shall have a specified maturity date...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/23-1-177.htm - 6K - Match Info - Similar pages
41-10-93
Section 41-10-93 Authority for issuance of bonds by corporation; liability upon bonds; form,
terms, denominations, etc.; redemption; sale; payment of expenses in connection with authorization,
sale and issuance; bonds to contain recital as to authority for issuance; bonds to be deemed
negotiable instruments. The corporation is authorized at any time and from time to time to
issue its interest-bearing revenue bonds for the purpose of acquiring, constructing, improving,
enlarging, completing and equipping one or more projects. The principal of and interest on
any such bonds shall be payable solely out of the rent, revenues and income derived from the
project with respect to which such bonds are issued. None of the bonds of the corporation
shall ever constitute an obligation or debt of the state, the county or the municipality or
a charge against the credit or taxing power of the state, the county or municipality. The
bonds of the corporation may be in such form and denomination, may be...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-93.htm - 3K - Match Info - Similar pages
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...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/23-1-157.htm - 6K - Match Info - Similar pages
41-10-308
Section 41-10-308 Temporary loans in anticipation of issuance of bonds. In anticipation of
issuance of bonds under this article, the authority may, from time to time, borrow such sums
as may be needed for any of the purposes for which bonds are authorized to be issued under
this article, and in evidence of the moneys so borrowed may issue its promissory notes. The
principal of and the interest on notes so issued may, from time to time, be refunded by refunding
notes or by bonds in anticipation of the issuance of which such notes were issued. All such
notes, whether initial issues or refunding issues, may bear interest from their dates until
their maturities at such rate or rates as may be deemed acceptable by the board of directors,
not to exceed 15 percent per annum, shall mature within three years from their date, and the
principal thereof, premium, if any, and interest thereon shall be payable solely from the
proceeds of the refunding notes issued to refund any such notes...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-308.htm - 1K - Match Info - Similar pages
41-10-498
Section 41-10-498 Temporary loans in anticipation of issuance of bonds. In anticipation of
issuance of bonds under this article, the authority may, from time to time, borrow such sums
as may be needed for any of the purposes for which bonds are authorized to be issued under
this article, and in evidence of the moneys so borrowed by issue of its promissory notes.
The principal of and the interest on notes so issued may, from time to time, be refunded by
refunding notes or by bonds in anticipation of the issuance of which such notes were issued.
All such notes, whether initial issues or refunding issues, may bear interest from their dates
until their maturities at such rate or rates as may be deemed acceptable by the board of directors,
not to exceed 15 percent per annum, shall mature within three years from their date, and the
principal thereof, premium, if any, and interest thereon shall be payable solely from the
proceeds of the refunding notes issued to refund any such notes...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-498.htm - 1K - Match Info - Similar pages
14-2-10
Section 14-2-10 Temporary loans in anticipation of issuance of bonds. In anticipation of issuance
of bonds under this chapter, the authority may, from time to time, borrow such sums as may
be needed, not exceeding $1,000,000.00 in aggregate principal amount, for any of the purposes
for which bonds are authorized to be issued under this chapter and in evidence of the moneys
so borrowed may issue its promissory notes. The authorized principal amount of notes that
may be issued under this section shall be reduced to the extent that bonds may be issued under
this chapter. The principal of and the interest on notes so issued may, from time to time,
be refunded by refunding notes or by bonds in anticipation of the issuance of which such notes
were issued. All such notes, whether initial issues or refunding issues, may bear interest
from their dates until their maturities at such rate or rates as may be deemed acceptable
by the board of directors, not to exceed 10 percent per annum, shall...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/14-2-10.htm - 1K - Match Info - Similar pages
22-30F-3
Section 22-30F-3 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. The corporation organized pursuant to this chapter as a public corporation,
agency, and instrumentality of the state and known as the "Alabama Land Recycling Finance
Authority." (2) AUTHORIZING RESOLUTION. A resolution, order, or other proceedings adopted
by the board of directors of the authority authorizing the issuance of agreements and related
matters. (3) BOARD OF DIRECTORS. The board of directors of the authority. (4) DEPARTMENT.
The Alabama Department of Environmental Management or any successor. (5) ELIGIBLE PROPERTY.
Property which qualifies under Section 22-30E-6 for participation in the voluntary cleanup
program established pursuant to Chapter 30E of this title, and which is owned and operated
by an applicant or applicants which qualifies for the limitation of liability as...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-30F-3.htm - 5K - Match Info - Similar pages
|