Code of Alabama

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11-22-9
Section 11-22-9 Bond issues - Funds for payment; execution; form; redemption; sale;
refunding; negotiable instruments. (a) All bonds issued by the corporation shall be payable
solely out of the revenues and receipts derived from the operation, leasing or sale by the
corporation of its projects or of any thereof as may be designated in the proceedings of the
board of directors under which the bonds shall be authorized to be issued. (b) Such bonds
may be executed and delivered by the corporation at any time and from time to time, may be
in such form and denominations and of such tenor and maturities, may be in registered or bearer
form either as to principal or interest or both, may be payable at such time or times not
exceeding 40 years from the date thereof, may be payable at such place or places whether within
or without the State of Alabama, may bear interest at such rate or rates payable at such time
or times and at such place or places and evidenced in such manner, may be executed...
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11-60-9
Section 11-60-9 Bonds - Form, terms, denominations, etc.; execution, sale, delivery,
redemption, etc.; refunding of bonds. All bonds issued by the corporation shall be payable
solely out of the revenues and receipts derived from the operation, leasing or sale by the
corporation of its projects or of any thereof as may be designated in the proceedings of the
board of directors under which the bonds shall be authorized to be issued. Such bonds may
be executed and delivered by the corporation at any time and from time to time, may be in
such form and denominations and of such tenor and maturities, may be in registered or bearer
form either as to principal or interest or both, may be payable at such time or times, not
exceeding 40 years from the date thereof, may be payable at such place or places whether within
or without the State of Alabama, may bear interest at such rate or rates payable at such time
or times and at such place or places and evidenced in such manner, may be executed by...
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11-54-89
Section 11-54-89 Bonds - Form, terms, denominations, etc.; execution, sale, delivery,
redemption, etc.; refunding of bonds. All bonds issued by the industrial development board
shall be payable solely out of the revenues and receipts derived from the leasing or sale
by the board of its projects or of any thereof as may be designated in the proceedings of
the board of directors under which the bonds shall be authorized to be issued. Such bonds
may be executed and delivered by the board at any time and from time to time, may be in such
form and denominations and of such tenor and maturities, may be in registered or bearer form
either as to principal or interest or both, may be payable in such installments and at such
time or times, not exceeding 40 years from the date thereof, may be payable at such place
or places whether within or without the State of Alabama, may bear interest at such rate or
rates payable at such time or times and at such place or places and evidenced in such manner,...

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11-62-8
Section 11-62-8 Bonds and notes generally - Form, terms, denominations, etc.; execution,
sale, delivery, redemption, etc.; security for payment of principal or interest; remedies
upon default; liability of municipalities, board, etc., thereupon. (a) Any authority shall
have power to issue from time to time its bonds and notes in such principal amount as its
board shall determine to be necessary to provide sufficient funds for achieving any of its
corporate purposes, including the payment of interest on any of its notes and bonds, the establishment
of reserves to secure any such notes and bonds and all other expenditures of such authority
incident to and necessary or convenient to carry out its corporate purposes and powers. Any
authority shall also have the power to issue from time to time notes to renew notes and bonds
to pay notes, including interest thereon and, whenever it deems refunding expedient, to refund
any bonds by the issuance of new bonds, whether the bonds to be refunded...
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45-49-90.08
Section 45-49-90.08 Bonds of the corporation. (a) All bonds issued by the corporation
shall be payable solely out of the revenues and receipts derived from the leasing or sale
by the corporation of its industrial sites or of any thereof as may be designated in the proceedings
of the board of directors under which the bonds shall be authorized to be issued. (b) Such
bonds may be executed and delivered by the corporation at any time and from time to time,
may be in such form and denominations and of such tenor and maturities, may be in registered
or bearer form either as to principal or interest or both, may be payable at such time or
times, not exceeding 40 years from the date thereof, may be payable at such place or places
whether within or without the State of Alabama, may bear interest at such rate or rates payable
at such time or times and at such place or places and evidence in such manner, may be executed
by such officers of the corporation and in such manner and may contain such...
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11-20-38
Section 11-20-38 Bonds - Form, terms, denominations, etc.; execution, sale, delivery,
redemption, etc.; refunding of bonds. All bonds issued by the corporation shall be payable
solely out of the revenues and receipts derived from the leasing or sale by the corporation
of its projects or of any thereof as may be designated in the proceedings of the board of
directors under which the bonds shall be authorized to be issued. Such bonds may be executed
and delivered by the corporation at any time and from time to time, may be in such form and
denominations and of such tenor and maturities, may be in registered or bearer form either
as to principal or interest or both, may be payable at such time or times, not exceeding 40
years from the date thereof, may be payable at such place or places whether within or without
the State of Alabama, may bear interest at such rate or rates payable at such time or times
and at such place or places and evidence in such manner, may be executed by such...
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11-97-9
Section 11-97-9 Bonds of corporation generally. (a) Any corporation shall have the power
to issue, sell and deliver at any time and from time to time its bonds in such principal amount
or amounts as its board shall determine to be necessary to provide sufficient funds for achieving
any of its corporate purposes, including the payment of interest on any of its bonds, the
establishment of reserves to secure any such bonds and all other expenditures of such corporation
incident to and necessary or convenient to carry out its corporate purposes and powers. Any
corporation shall also have the power to issue from time to time bonds to renew bonds and
bonds to pay bonds, including interest thereon and, whenever it deems refunding expedient,
to refund any bonds by the issuance of new bonds, whether the bonds to be refunded have or
have not matured, and to issue bonds partly to refund bonds then outstanding and partly for
any other of its corporate purposes. (b) The bonds issued by any...
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11-50-237
Section 11-50-237 Execution, sale, etc., of bonds and refunding bonds of corporation
generally; terms, denominations, etc., thereof; charge, application, etc., of revenues from
systems to payment of bonds, etc., generally; vesting of title to systems in municipality
and dissolution of corporation upon payment of bonds in full. (a) All bonds issued by any
corporation organized under this division shall be signed by the chairman of its board of
directors or other chief executive officer and attested by its secretary, and the seal of
such corporation shall be affixed thereto. Any interest coupons applicable to the bonds of
such corporation shall be signed by the chairman of the board of directors or other chief
executive officer, but a facsimile of such signature may be impressed on any such interest
coupon in lieu of his manually signing the same. Any such bonds may be executed and delivered
by such corporation at any time and from time to time, shall be in such form and denominations...

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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...

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11-50-316
Section 11-50-316 Execution, sale, etc., of bonds and refunding bonds of corporation;
terms, denominations, etc., thereof; charge, application, etc., of revenues from systems for
payment of bonds, etc., generally; vesting of title to systems in municipality and dissolution
of corporation upon payment of bonds in full, etc. (a) All bonds issued by any such corporation
organized or the certificate of incorporation of which is amended under this article shall
be signed by the chairman of the board of directors or other chief executive officer and attested
by its secretary, and the seal of such corporation shall be affixed thereto; provided that,
if authorized by the board of directors of such corporation, said bonds may be executed with
an engraved, imprinted, stamped, or otherwise reproduced facsimile of any signature or seal
in lieu of a manually made signature or manually made impressment of the seal; provided further,
that at least one signature required or permitted to be placed...
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