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11-50A-8
Section 11-50A-8 Powers of the authority. In addition to other powers granted the authority
by this chapter, it shall have all powers consistent with the purposes of the authority as
set forth in Section 11-50A-3, which are necessary or convenient to carry out and effectuate
the purposes and provisions of this chapter, including, but without limiting the generality
of the foregoing, the following enumerated powers, which shall be exercised by the authority
consistently with the provisions of Section 11-50A-3: (1) To sue and be sued and to prosecute
and defend in any court having jurisdiction of the subject matter and of the parties thereto;
(2) To adopt and alter a corporate seal; (3) To make and alter at pleasure all needful bylaws,
rules, and regulations for the transaction of its business and the control of its property
and affairs; (4) To have the same right of eminent domain through condemnation conferred by
Section 10-5-1, or any subsequent statute of similar import; provided...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-50A-8.htm - 13K - Match Info - Similar pages
22-18-50
Section 22-18-50 Enactment and text of Emergency Medical Services Personnel Licensure Interstate
Compact. The Emergency Medical Services Personnel Licensure Interstate Compact is hereby enacted
into law and entered into with all other jurisdictions legally joining therein in form substantially
as follows: SECTION 1. PURPOSE In order to protect the public through verification of competency
and ensure accountability for patient care related activities all states license emergency
medical services (EMS) personnel, such as emergency medical technicians (EMTs), advanced EMTs
and paramedics. This Compact is intended to facilitate the day to day movement of EMS personnel
across state boundaries in the performance of their EMS duties as assigned by an appropriate
authority and authorize state EMS offices to afford immediate legal recognition to EMS personnel
licensed in a member state. This Compact recognizes that states have a vested interest in
protecting the public's health and safety...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-18-50.htm - 41K - Match Info - Similar pages
27-61-1
Section 27-61-1 Surplus Lines Insurance Multi-State Compliance Compact. The Surplus Lines Insurance
Multi-State Compliance Compact Act is enacted into law and entered into with all jurisdictions
mutually adopting the compact in the form substantially as follows: PREAMBLE WHEREAS, with
regard to Non-Admitted Insurance policies with risk exposures located in multiple states,
the 111th United States Congress has stipulated in Title V, Subtitle B, the Non-Admitted and
Reinsurance Reform Act of 2010, of the Dodd-Frank Wall Street Reform and Consumer Protection
Act, hereafter, the NRRA, that: (A) The placement of Non-Admitted Insurance shall be subject
to the statutory and regulatory requirements solely of the insured's Home State, and (B) Any
law, regulation, provision, or action of any State that applies or purports to apply to Non-Admitted
Insurance sold to, solicited by, or negotiated with an insured whose Home State is another
State shall be preempted with respect to such application;...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-61-1.htm - 62K - Match Info - Similar pages
11-81-166
Section 11-81-166 Revenue bonds - Authority for issuance; authorization proceedings generally;
form, terms, denominations, etc.; execution and delivery generally; maturity and sale; payment
generally; trust indentures. (a) Any borrower may issue its revenue bonds for the purpose
of: (1) Financing the acquisition, improvement, enlargement, extension and repair, or any
of them, of a system or systems; (2) Refunding the principal of and the interest on any bonds
of such borrower theretofore issued under this article and then outstanding, whether or not
such principal and interest shall have matured at the time of such refunding; or (3) Financing
any such acquisition, improvement, enlargement, extension and repair, or any of them, and
refunding any such principal and interest. (b) Any bonds issued under this article shall be
made payable solely out of the revenues from the operation of a system or systems of the borrower
and may be made payable from any such revenues without regard to...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-81-166.htm - 5K - 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
16-3-28
Section 16-3-28 Authority of board and trustees of institutions to borrow from federal agencies
or others; issuance of bonds, notes and other securities. (a) The State Board of Education,
acting for the respective educational institutions under its supervision, and each public
corporation that conducts one or more state educational institutions under its supervision,
acting through its board of trustees or other governing body, are hereby separately authorized
to exercise and perform any or all of the following powers: (1) To borrow money from the United
States of America or any department or agency thereof, or from any person, firm, corporation
or other lending agency for the purchase, construction, enlargement or alteration of any buildings
or other improvements, including dormitories, dining halls, classrooms, laboratories, libraries,
stadiums, administration buildings and any other buildings and appurtenances thereto suitable
for use by the institution with respect to which the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-3-28.htm - 5K - Match Info - Similar pages
14-2-31
Section 14-2-31 Special funds. In the resolution or proceedings authorizing the issuance of
any bonds, any temporary loans or in any indenture of trust, the authority may provide for
the establishment of one or more special funds for the payment of the principal of, or interest
on, the bonds, certificates or notes, one or more reserve funds therefor and a fund, or funds,
for the payment of insurance premiums or other expenses with respect to the ownership and
leasing of the facilities or for the expense of selling and leasing the Kilby property. Any
such special funds shall be held as trust funds by the State Treasurer separate and apart
from all other moneys. The State Treasurer is authorized and directed to pay, solely from
the special fund, or funds, provided therefor, the principal of and interest on all bonds
issued under this chapter as such principal and interest respectively mature and come due
and the redemption price of any bonds called prior to maturity. He shall establish...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/14-2-31.htm - 1K - 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
41-10-326
Section 41-10-326 Special funds for payment of bonds, insurance, and other expenses. In the
resolution or proceedings authorizing the issuance of any bonds or any temporary loan or in
any indenture of trust, the authority may provide for the establishment of one or more special
funds for the payment of the principal of, or interest on, the bonds or notes, one or more
reserve funds therefor and a fund, or funds, for the payment of insurance premiums or other
expenses with respect to the ownership and leasing of the facilities. Any such special funds
shall be held as trust funds pursuant to agreement with such trustee bank or banks as may
be designated by the commission. The authority shall establish and maintain appropriate records
pertaining to such funds. Such records shall be available at all reasonable times to public
inspection. (Acts 1986, No.86-546, p. 1093, ยง27.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-326.htm - 1K - Match Info - Similar pages
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