Code of Alabama

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23-2-148
Section 23-2-148 Refunding bonds; purposes. The authority may provide by resolution for the
issuance of refunding bonds for the purpose of refunding any bonds then outstanding which
shall have been issued under the provisions of this article, including the payment of any
redemption premium thereon and any interest accrued or to accrue to the date of redemption
of such bonds, and, if deemed advisable by the authority, for the additional purpose of constructing
improvements, extensions or enlargements of the toll road, bridge or tunnel project or projects
in connection with which the bonds to be refunded shall have been issued. The authority is
further authorized to provide by resolution for the issuance of its bonds for the combined
purpose of: (1) Refunding any bonds then outstanding which shall have been issued under the
provisions of this article, including the payment of any redemption premium thereof and any
interest accrued or to accrue to the date of redemption of such bonds; and...
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9-10-37
Section 9-10-37 Refunding bonds. (a) The corporation may provide by resolution for the issuance
of refunding bonds for the purpose of refunding any bonds then outstanding which shall have
been issued under the provisions of this article, including the payment of any redemption
premium thereon and any interest accrued or to accrue to the date of redemption of such bonds
and, if deemed advisable by the corporation, for the additional purpose of constructing improvements,
extensions or enlargements of the project or projects in connection with which the bonds to
be refunded shall have been issued. (b) The corporation is further authorized to provide by
resolution for the issuance of its bonds for the combined purpose of: (1) Refunding any bonds
then outstanding which shall have been issued under the provisions of this article, including
the payment of any redemption premium thereof and any interest accrued or to accrue to the
date of redemption of such bonds and (2) Paying all or any part...
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11-99B-18
Section 11-99B-18 This chapter is cumulative. This chapter does and shall be construed to provide
a complete, additional, and alternative method for the doing of the things authorized thereby
and shall be regarded as supplemental and additional to other laws. However, the issuance
of bonds of any district under the provisions of this chapter need not comply with the requirements
of any other law of the state generally applicable to the issuance of bonds, notes, and other
obligations by other public corporations organized under the laws of the state. (Act 2000-781,
p. 1825, §18.)...
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33-2-183
Section 33-2-183 Docks facilities revenue bonds and refunding bonds - Generally. The docks
facilities revenue bonds and the refunding bonds shall be in such forms and denominations
and of such tenor and maturities (either serial or term or a combination thereof), provided
that no docks facilities revenue bond or refunding bond shall have a specified maturity date,
including sinking fund redemptions, later than 30 years after its date, shall bear such rate
or rates of interest (including a zero rate of interest) payable and evidenced in such manner,
and may contain other provisions not inconsistent with this article, all as may be provided
in the order or orders of the director in which the docks facilities revenue bonds or the
refunding bonds, respectively, are authorized to be issued; provided, that no such order shall
be valid without the written approval of the Governor. Notwithstanding any other provision
of this article to the contrary, the director may, in connection with the...
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11-81-173
Section 11-81-173 Issuance of additional bonds; payment of same. (a) Any borrower acquiring,
improving, enlarging, extending or repairing any such system or combined system pursuant to
the provisions of this article, may, in the event that the proceeds of any issue of revenue
bonds by error of calculation or otherwise shall be less than the amount required for the
purpose or purposes for which the same shall be authorized, issue additional bonds under the
provisions of this article to provide the amount of such deficit or, in the event that later
extensions and permanent improvements to such system or combined system appear to be desirable,
issue from time to time additional bonds under the provisions of this article to provide funds
for such purposes. (b) If such additional bonds are issued for the purpose of providing funds
necessary to supply any such deficit, they shall, unless otherwise provided in the ordinance
authorizing the original issue of bonds or in any trust indenture...
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11-50-345
Section 11-50-345 Issuance of revenue bonds authorized; form, terms, denominations, etc.; execution,
sale, etc.; disposition of proceeds from sale of bonds; issuance of interim receipts or temporary
bonds. (a) Any board of water and sewer commissioners created under the provisions of this
article is hereby authorized by resolution, at one time or from time to time, to issue revenue
bonds of the board for the purpose of paying all or any part of the cost of any water system
or sewer system or any combination thereof and the cost of any improvements, extensions, and
additions and for the purpose of refunding any bonds or obligations assumed by the board in
connection with the acquisition of such system or systems or part thereof. The principal of
and the interest on such bonds shall be payable solely from the funds provided by this article
for such payment. The bonds of each issue shall be dated, shall bear interest at such rate
or rates not exceeding 10 percent per annum, shall mature...
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11-54-91
Section 11-54-91 Borrowing of money for temporary use and issuance of temporary revenue bonds
as evidence thereof. (a) Any industrial development board organized under the provisions of
this division, as amended, may, in addition to the other powers granted in the other provisions
of this division, borrow money for temporary use for any of its corporate purposes and, in
evidence of such borrowing, issue from time to time revenue bonds or notes maturing not later
than 18 months from the date of issuance. (b) Any such temporary borrowing may be made in
anticipation of the sale and issuance of long-term revenue bonds; and, in such event, the
principal proceeds from the sale of such long-term revenue bonds shall, to the extent necessary,
be used for payment of the principal of and the interest on the temporary revenue bonds or
notes issued in anticipation of the sale and issuance of such long-term revenue bonds. (c)
Any such temporary borrowing may also be made with respect to a project...
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45-18-90.04
Section 45-18-90.04 Powers and obligations of board. The board may provide for constructive
notice of any statutory mortgage lien, authorize and make provisions respecting the assumption
by the authority of obligations respecting facilities and other property acquired by the authority;
provide for the use of the proceeds of bonds and notes issued by the authority; provide for
the refunding by the issuance of bonds and notes of the authority of bonds and notes theretofore
issued or obligations theretofore assumed by it. Bonds and notes issued and contracts entered
into by the authority pursuant to this article shall not constitute or create a debt of the
state or of any county, municipality, or other political subdivision of the state. (Act 2005-118,
p. 196, §5.)...
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45-37-200.03
Section 45-37-200.03 Issuance of motor vehicle or boat registrations; fees; disposition of
funds. (a) The Legislature finds that Jefferson County has reduced the number of locations
where the citizens of Jefferson County may be issued their motor vehicle registrations due
to the financial difficulties of the county resulting in impediments to the citizens and to
the collection of state and local taxes and fees. The Legislature further finds that there
is a substantial local need to provide additional and supplemental means for the issuance
of motor vehicle registrations in Jefferson County in response to a demonstrated local need
in the county. The Legislature further finds that citizens often desire to register their
boats at the same time that they register their motor vehicles, and therefore, citizens should
be able to register their boats at the same locations where they register their motor vehicles
as a matter of public convenience. (b) In Jefferson County, the mayor of any city...
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41-10-754
Section 41-10-754 Powers of the authority. The authority shall have, in addition to all other
powers granted to it in this article, all of the following powers: (1) To have succession
by its corporate name until dissolved as herein provided. (2) To institute and defend legal
proceedings in any court of competent jurisdiction and proper venue; provided, however, that
the authority may not be sued in any nisi prius court other than the courts of the county
in which is located the principal office of the authority; and provided further that the officers,
directors, agents, and employees of the authority may not be sued for actions on behalf of
the authority in any nisi prius court other than the courts of the county in which is located
the principal office of the authority. (3) To have and to use a corporate seal and to alter
the seal at pleasure. (4) To establish a fiscal year. (5) To adopt, and from time to time,
amend and repeal, bylaws, rules, and regulations not inconsistent with...
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