11-20-8
Section 11-20-8 Refunding bonds. Any bonds issued under this article and at any time
outstanding may at any time and from time to time be refunded by a county by the issuance
of its refunding bonds in such amount as the county commission may deem necessary but not
exceeding an amount sufficient to refund the principal of the bonds so to be refunded, together
with any unpaid interest thereon and any premiums and commissions necessary to be paid in
connection therewith. Any such refunding may be effected whether the bonds to be refunded
shall have then matured or shall thereafter mature, either by sale of the refunding bonds
and the application of the proceeds thereof for the payment of the bonds to be refunded thereby
or by exchange of the refunding bonds for the bonds to be refunded thereby; provided, that
the holders of any bonds so to be refunded shall not be compelled without their consent to
surrender their bonds for payment or exchange prior to the date on which they are payable...

alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-20-8.htm - 1K - Match Info - Similar pages

11-54-27
Section 11-54-27 Refunding bonds. Any bonds issued under this article and at any time
outstanding may at any time and from time to time be refunded by a municipality by the issuance
of its refunding bonds in such amount as the governing body may deem necessary but not exceeding
an amount sufficient to refund the principal of the bonds so to be refunded, together with
any unpaid interest thereon and any premiums and commissions necessary to be paid in connection
therewith. Any such refunding may be effected whether the bonds to be refunded shall have
then matured or shall thereafter mature, either by sale of the refunding bonds and the application
of the proceeds thereof for the payment of the bonds to be refunded thereby or by exchange
of the refunding bonds for the bonds to be refunded thereby; provided, that the holders of
any bonds so to be refunded shall not be compelled without their consent to surrender their
bonds for payment or exchange prior to the date on which they are...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-54-27.htm - 1K - Match Info - Similar pages

11-54-57
Section 11-54-57 Refunding bonds. Any bonds issued under this article and at any time
outstanding may at any time and from time to time be refunded by a municipality by the issuance
of its refunding bonds in such amount as the governing body may deem necessary but not exceeding
an amount sufficient to refund the principal of the bonds so to be refunded, together with
any unpaid interest thereon, any premiums and commissions necessary to be paid in connection
therewith and the expenses incurred in connection with such refunding. Any such refunding
may be effected whether the bonds to be refunded shall have then matured or shall thereafter
mature either by sale of the refunding bonds and the application of the proceeds thereof for
the payment, redemption or retirement of the bonds to be refunded thereby or by exchange of
the refunding bonds for the bonds to be refunded thereby or by any combination thereof; provided,
that the holders of any bonds so to be refunded shall not be compelled...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-54-57.htm - 1K - Match Info - Similar pages

41-10-363
Section 41-10-363 Refunding bonds; proceeds of sale of refunding bonds. Any bonds issued
by the authority under this article may from time to time thereafter be refunded by the issuance
of refunding bonds of the authority. Any such refunding bonds may be issued whether the bonds
to be refunded shall have then matured or shall thereafter mature, and such refunding may
be effected either by sale of the refunding bonds and the applications of the proceeds thereof
to the payment or redemption of the bonds so refunded or by exchange of the refunding bonds
for those to be refunded thereby; provided, that the holders of any bonds so to be refunded
shall not be compelled without their consent to surrender their bonds for payment or exchange
prior to the date on which they are payable or, if they are called for redemption, prior to
the date on which they may be redeemed by the authority according to their terms. Any refunding
bonds may be issued in such aggregate principal amount as the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-363.htm - 2K - Match Info - Similar pages

41-10-99
Section 41-10-99 Refunding bonds. The corporation may at any time and from time to time
issue refunding bonds for the purpose of refunding the principal of and interest on any bonds
of the corporation theretofore issued under this article and then outstanding, whether or
not such principal and interest shall have matured at the time of such refunding, and for
the payment of any expenses incurred in connection with such refunding and such premium as
is necessary to be paid in order to redeem or retire the bonds to be refunded. The proceeds
derived from the sale of any refunding bonds shall be used only for the purposes for which
the refunding bonds were authorized to be issued. Any such refunding may be effected either
by sale of the refunding bonds, in the manner provided for in this article with respect to
bonds, the application of the proceeds thereof or by exchange of the refunding bonds for the
bonds or interest coupons to be refunded thereby; provided, that the holders of any...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-99.htm - 1K - Match Info - Similar pages

2-5A-35
Section 2-5A-35 Refunding bonds. (a) Any bonds issued by the Department of Agriculture
and Industries pursuant to this article may from time to time thereafter be refunded by the
issuance of refunding bonds of the Department of Agriculture and Industries; provided, however,
that no refunding bonds shall be issued unless the present value of all debt service on the
refunding bonds, computed with a discount rate equal to the true interest rate of the refunding
bonds and taking into account all underwriting discount and issuance expenses, shall not be
greater than 97 percent of the present value of all debt service on the bonds to be refunded,
computed using the same discount rate and taking into account the underwriting discount and
other issuance expenses originally applicable to such bonds, determined as if such bonds to
be refunded were paid and retired in accordance with the schedule of maturities, considering
mandatory redemption as a scheduled maturity, provided at the time of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/2-5A-35.htm - 3K - Match Info - Similar pages

4-3-56
Section 4-3-56 Refunding bonds. The authority may at any time and from time to time
issue refunding bonds for the purpose of refunding or providing funds to pay the principal
of and the interest on any bonds of the authority theretofore issued under this article and
then outstanding, whether or not such principal or interest shall have matured at the time
of such refunding, and for the payment of any expenses incurred in connection with such refunding
and any premium necessary to be paid in order to redeem, retire or purchase for retirement
the bonds to be refunded. The proceeds derived from the sale of any refunding bonds shall
be used only for the purposes for which the refunding bonds were authorized to be issued.
Any such refunding may be effected either by sale of the refunding bonds and the application
of the proceeds thereof or by exchange of the refunding bonds for the bonds or interest coupons
to be refunded thereby; provided, that the holders of any bonds or coupons so to be...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/4-3-56.htm - 2K - Match Info - Similar pages

11-88-95
Section 11-88-95 Notice of and sale or exchange of bonds. All bonds issued under this
article, except bonds issued to the contractor and except funding and refunding bonds issued
by exchange as provided in this section, shall be sold to the highest bidder at public
sale; provided, that if at a duly advertised public sale in accordance with this section
no legal bid acceptable to the governing body shall be received, then such bonds may be sold
within 30 days thereafter at private sale to the United States of America or to the State
of Alabama. The public sale shall be either on sealed bids or at auction. The notice of a
public sale shall state whether the sale is to be on sealed bids or at auction and shall also
briefly recite the amount of the bonds to be sold, the maturities thereof, the amount payable
at each maturity, any redemption or prepayment privileges, the frequency with which interest
will be payable, either the rate or rates of interest which the bonds are to bear or that...

alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-88-95.htm - 3K - Match Info - Similar pages

11-54-146
Section 11-54-146 Refunding bonds. Any bonds issued hereunder and at any time outstanding
may at any time and from time to time be refunded by a municipality by the issuance of its
refunding bonds in such amount as the governing body may deem necessary but not exceeding
an amount sufficient to refund the principal of the bonds so to be refunded, together with
any unpaid interest thereon and any premiums and commissions necessary to be paid in connection
therewith. Any such refunding may be effected whether the bonds to be refunded shall have
then matured or shall thereafter mature, either by sale of the refunding bonds and the application
of the proceeds thereof for the payment of the bonds to be refunded thereby, or by exchange
of the refunding bonds for the bonds to be refunded thereby; provided, that the holders of
any bonds so to be refunded shall not be compelled without their consent to surrender their
bonds for payment or exchange prior to the date on which they are payable, or...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-54-146.htm - 1K - Match Info - Similar pages

22-21-142
Section 22-21-142 Bonds - Refunding. The authority may at any time and from time to
time sell and issue its refunding revenue bonds for the purpose of refunding the principal
of, and interest on, any matured or unmatured bonds of the authority at the time outstanding
and for the payment of any expenses incurred in connection with such refunding and any premium
necessary to be paid to redeem or retire the bonds so to be refunded; provided, that the principal
amount of bonds the authority may issue for refunding purposes may not exceed the sum of the
following: the principal amount of the bonds refunded thereby, the interest to mature thereon
from the immediately preceding interest payment date to their respective maturities (or, in
the event the bonds to be refunded, or any part thereof, are to be retired prior to their
respective maturities, the interest to mature thereon from the immediately preceding interest
payment date until the date or dates on which they are to be retired), any...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-21-142.htm - 3K - Match Info - Similar pages