Code of Alabama

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11-50-406
Section 11-50-406 Bonds - Disposition of proceeds from sale. All moneys derived from the sale
of any bonds issued by any district incorporated under this article shall be used solely for
the purpose or purposes for which the same are authorized, including any engineering, legal
or other expenses incident thereto and, in the case of bonds issued in whole or in part for
the construction of a gas system or systems or any part thereof, interest on such bonds (or,
if a part only of the bonds are issued for the purpose of such construction, on the part of
such bonds issued for that purpose) prior to and during such construction and, in the case
of bonds issued by a district for the purpose of refunding outstanding bonds of such district,
any premium which it may deem necessary to pay in order to redeem or retire the bonds to be
refunded and any interest (accrued and to accrue) on the bonds to be so refunded. The treasurer
or other officer designated by the board of directors shall give a...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-50-406.htm - 1K - Match Info - Similar pages

11-89-11
Section 11-89-11 Bonds of district - Disposition of proceeds from sale of bonds. All moneys
derived from the sale of any bonds issued by the district shall be used solely for the purpose
or purposes for which the same are authorized and any costs and expenses incidental thereto.
Such costs and expenses may include but shall not be limited to: (1) The fiscal, engineering,
legal, and other expenses incurred in connection with the issuance of the bonds; (2) Interest
on the bonds in the case of bonds issued to pay costs of construction or, if a part only of
any series of bonds is issued for construction purposes, interest on that portion of the bonds
of that series that is issued to pay construction costs prior to and during such construction
and for not exceeding one year after completion of such construction; and (3) Any premium
that it may be necessary to pay in order to redeem or retire the bonds or other obligations
to be refunded in the case of bonds issued for the purpose of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-89-11.htm - 1K - Match Info - Similar pages

11-99B-10
Section 11-99B-10 Disposition of proceeds from sale of bonds. All moneys derived from the sale
of any bonds issued by the district shall be used solely for the purpose or purposes for which
the same are authorized and any costs and expenses incidental thereto. Such costs and expenses
may include but shall not be limited to: (1) The fiscal, accounting, engineering, legal, and
other expenses incurred in connection with the issuance of the bonds. (2) Interest on the
bonds in the case of bonds issued to pay costs of construction or, if a part only of any series
of bonds is issued for construction purposes, interest on that portion of the bonds of that
series that is issued to pay construction costs prior to and during such construction and
for not exceeding one year after completion of such construction. (3) Any premium that it
may be necessary to pay in order to redeem or retire the bonds or other obligations to be
refunded in the case of bonds issued for the purpose of refunding...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-99B-10.htm - 1K - Match Info - Similar pages

11-50-318
Section 11-50-318 Disposition of proceeds from sale of bonds. All moneys derived from the sale
of any bonds issued by any corporation organized under this article or the articles of incorporation
of which are amended under this article shall be used solely for the purpose or purposes for
which the same are authorized, including any engineering, legal, and other expenses incidental
thereto and, in the case of bonds issued in whole or in part for construction of a system
or any part thereof, interest on such bonds or, if a part only of the bonds are issued for
the purpose of such construction, on the part of such bonds issued for that purpose, prior
to and during such construction and for not exceeding one year after completion of such construction
and, in the case of bonds issued by such corporation for the purpose of refunding outstanding
bonds of such corporation, any premium which it may be necessary to pay in order to redeem
or retire the bonds to be refunded. (Acts 1951, No. 175,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-50-318.htm - 1K - Match Info - Similar pages

16-17-13
Section 16-17-13 Proceeds from sale of bonds. All moneys derived from the sale of any bonds
issued by the authority shall be used solely for the purpose or purposes for which the same
are authorized and any costs and expenses incidental thereto. Such costs and expenses may
include but shall not be limited to: (1) The engineering, legal, architectural, fiscal and
other expenses incurred in connection with the issuance of the bonds; (2) In the case of bonds
issued to pay costs of construction, interest on such bonds (or, if a part only of any series
of bonds is issued for construction purposes, interest on that portion of the bonds of that
series that is issued to pay construction costs) prior to and during such construction and
for not exceeding one year after completion of such construction; and (3) In the case of bonds
issued for the purpose of refunding principal and interest, or either, with respect to bonds
issued or obligations assumed by the authority, any premium that it may be...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-17-13.htm - 1K - Match Info - Similar pages

16-18-14
Section 16-18-14 Proceeds from sale of bonds. All moneys derived from the sale of any bonds
issued by the authority shall be used solely for the purpose or purposes for which the same
are authorized and any costs and expenses incidental thereto. Such costs and expenses may
include but shall not be limited to: (1) The engineering, legal, architectural, fiscal and
other expenses incurred in connection with the issuance of the bonds; (2) In the case of bonds
issued to pay costs of construction, interest on such bonds (or, if a part only of any series
of bonds is issued for construction purposes, interest on that portion of the bonds of that
series that is issued to pay construction costs) prior to and during such construction and
for not exceeding one year after completion of such construction; and (3) In the case of bonds
issued for the purpose of refunding principal and interest, or either, with respect to bonds
issued or obligations assumed by the authority, any premium that it may be...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-18-14.htm - 1K - Match Info - Similar pages

33-15-11
Section 33-15-11 Bonds and other obligations - Use of proceeds from sale of bonds. All moneys
derived from the sale of any bonds issued by the authority shall be used solely for the purpose
or purposes for which the same are authorized and any costs and expenses incidental thereto.
Such costs and expenses may include but shall not be limited to (1) The fiscal, engineering,
legal and other expenses incurred in connection with the issuance of the bonds, (2) In the
case of bonds issued to pay costs of construction, interest on such bonds (or, if a part only
of any series of bonds is issued for construction purposes, interest on that portion of the
bonds of that series that is issued to pay construction costs) prior to and during such construction
and for not exceeding one year after completion of such construction, and (3) In the case
of bonds issued for the purpose of refunding principal and interest, or either, with respect
to bonds issued or obligations assumed by the authority, any...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/33-15-11.htm - 1K - Match Info - Similar pages

9-6-12
Section 9-6-12 Bonds - Use of proceeds from sale. All moneys derived from the sale of any bonds
issued by the authority shall be used solely for the purpose or purposes for which the same
are authorized and any costs and expenses incidental thereto. Such costs and expenses may
include, but shall not be limited to: (1) The fiscal, engineering, legal and other expenses
incurred in connection with the issuance and sale of the bonds; (2) In the case of bonds issued
to pay costs of construction, interest on such bonds (or, if a part only of bonds of any series
is issued for construction purposes, interest on that portion of the bonds of that series
that is issued to pay construction costs) prior to and during such construction; and (3) In
the case of bonds issued for the purpose of refunding principal and interest or either with
respect to bonds issued or obligations assumed by the authority, any premium that it may be
necessary to pay in order to redeem or retire the bonds or other...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/9-6-12.htm - 1K - Match Info - Similar pages

11-49A-13
Section 11-49A-13 Use of bond proceeds. All moneys derived from the sale of any bonds issued
by the authority shall be used solely for the purpose or purposes for which the same are authorized
and any costs and expenses incidental thereto. Such costs and expenses may include but shall
not be limited to: (1) The fiscal, engineering, legal, and other expenses incurred in connection
with the issuance of the bonds; (2) In the case of bonds issued to pay costs of acquiring
or constructing all or any part of a transit system interest on such bonds (or, if a part
only of any series of bonds is issued for acquisition or construction purposes, interest on
that portion of the bonds of that series that is issued to pay such acquisition or construction
costs) prior to and during such acquisition or construction and for not exceeding one year
after completion of such acquisition or construction; and (3) In the case of bonds issued
for the purpose of refunding principal and interest, or either, with...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-49A-13.htm - 1K - Match Info - Similar pages

11-88-11
Section 11-88-11 Bonds of authority - Disposition of proceeds from sale of bonds. All moneys
derived from the sale of any bonds issued by the authority shall be used solely for the purpose
or purposes for which the same are authorized, including the funding of all or part of any
reserve funds which may be required for debt service, replacement and extension or capital
improvements, and any costs and expenses incidental thereto. Such costs and expenses may include
but shall not be limited to: (1) The fiscal, engineering, legal and other expenses incurred
in connection with the issuance of and security for the bonds, including, without limitation,
the charges, premiums or fees in connection with any debt service insurance or letter of credit
or other additional security given with respect to its bonds, whether such amounts are to
be paid in a lump sum or over a period of time; (2) Interest on bonds in the case of bonds
issued to pay costs of construction or, if a part only of any series...
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