Code of Alabama

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11-54-55
Section 11-54-55 Bonds - Security for payment of principal and interest. The principal
of and interest on any bonds issued under the authority of this article shall be secured by
a pledge of the revenues out of which such bonds shall be made payable, may be secured by
a mortgage covering all or any part of the project from which the revenues so pledged may
be derived and may be secured by a pledge of the lease of such project. The proceedings under
which such bonds are authorized to be issued or any such mortgage may contain any agreements
and provisions customarily contained in instruments securing bonds, including, without limiting
the generality of the foregoing, provisions respecting the fixing and collection of rents
for any project covered by such proceedings or mortgage, the terms to be incorporated in the
lease of such project, the maintenance and insurance of such project, the creation and maintenance
of special funds from the revenues from such project and the rights and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-54-55.htm - 2K - Match Info - Similar pages

11-55-4
Section 11-55-4 Bonds - Security for payment of principal and interest. The principal
of and interest on any bonds issued under the authority of this chapter shall be secured by
a pledge of the revenues out of which such bonds shall be made payable, may be secured by
a mortgage covering all or any part of the project from which the revenues so pledged may
be derived and may be secured by a pledge of the lease of such project. The proceedings under
which such bonds are authorized to be issued or any such mortgage may contain any agreements
and provisions customarily contained in instruments securing bonds, including, without limiting
the generality of the foregoing, provisions respecting the fixing and collection of rents
for any project covered by such proceedings or mortgage, the terms to be incorporated in the
lease of such project, the maintenance and issuance of such project, the creation and maintenance
of special funds from the revenues from such project and the rights and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-55-4.htm - 2K - Match Info - Similar pages

11-20-6
Section 11-20-6 Bonds - Security for payment of principal and interest; remedies upon
default. The principal of and interest on any bonds issued under the authority of this article
shall be secured by a pledge of the revenues out of which such bonds shall be made payable,
may be secured by a mortgage covering all or any part of the project from which the revenues
so pledged may be derived and may be secured by a pledge of the lease of such project. The
proceedings under which such bonds are authorized to be issued or any such mortgage may contain
any agreements and provisions customarily contained in instruments securing bonds, including,
without limiting the generality of the foregoing, provisions respecting the fixing and collection
of rents for any project covered by such proceedings or mortgage, the terms to be incorporated
in the lease of such project, the maintenance and insurance of such project, the creation
and maintenance of special funds from the revenues from such project...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-20-6.htm - 2K - Match Info - Similar pages

11-54-25
Section 11-54-25 Bonds - Security for payment of principal and interest; remedies upon
default. The principal of and interest on any bonds issued under the authority of this article
shall be secured by a pledge of the revenues out of which such bonds shall be made payable,
may be secured by a mortgage covering all or any part of the project from which the revenues
so pledged may be derived and may be secured by a pledge of the lease of such project. The
proceedings under which such bonds are authorized to be issued or any such mortgage may contain
any agreements and provisions customarily contained in instruments securing bonds, including,
without limiting the generality of the foregoing, provisions respecting the fixing and collection
of rents for any project covered by such proceedings or mortgage, the terms to be incorporated
in the lease of such project, the maintenance and insurance of such project, the creation
and maintenance of special funds from the revenues from such project...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-54-25.htm - 2K - Match Info - Similar pages

11-54-144
Section 11-54-144 Security for bonds. The principal of and interest on any bonds issued
under the authority of this article shall be secured by a pledge of the revenues out of which
such bonds shall be made payable, may be secured by a mortgage covering all or any part of
the project from which the revenues so pledged may be derived, and may be secured by a pledge
of the lease of such project. The proceedings under which such bonds are authorized to be
issued or any such mortgage may contain any agreements and provisions customarily contained
in instruments securing bonds, including, without limiting the generality of the foregoing,
provisions respecting the fixing and collection of rents for any project covered by such proceedings
or mortgage, the terms to be incorporated in the lease of such project, the maintenance and
insurance of such project, the creation and maintenance of special funds from the revenues
from such project, and the rights and remedies available in event of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-54-144.htm - 2K - Match Info - Similar pages

24-1-33
Section 24-1-33 Powers of authority to secure payment of bonds, etc. In connection with
the issuance of bonds or the incurring of any obligation under a lease and in order to secure
the payment of such bonds or obligations, the authority shall have power: (1) To pledge by
resolution, trust indenture, mortgage, subject to the limitations hereinafter imposed, or
other contract all or any part of its rents, fees or revenues. (2) To covenant against mortgaging
all or any part of its property, real or personal, then owned or thereafter acquired, or against
permitting or suffering any lien thereon. (3) To covenant with respect to limitations on its
right to sell, lease or otherwise dispose of any housing project, or any part thereof, or
with respect to limitations on its right to undertake additional housing projects. (4) To
covenant against pledging all or any part of its rents, fees and revenues to which its right
then exists, or the right to which may thereafter come into existence, or...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/24-1-33.htm - 7K - Match Info - Similar pages

24-1-72
Section 24-1-72 Powers of authority to secure payment of bonds, etc. In connection with
the issuance of bonds or the incurring of any obligation under a lease and in order to secure
the payment of such bonds or obligations, the authority shall have power: (1) To pledge by
resolution, trust indenture, mortgage, subject to the limitations hereinafter imposed, or
other contract all or any part of its rents, fees, or revenues. (2) To covenant against mortgaging
all or any part of its property, real or personal, then owned or thereafter acquired, or against
permitting or suffering any lien thereon. (3) To covenant with respect to limitations on its
right to sell, lease, or otherwise dispose of any housing project, or any part thereof, or
with respect to limitations on its right to undertake additional housing projects. (4) To
covenant against pledging all or any part of its rents, fees, and revenues to which its right
then exists, or the right to which may thereafter come into existence, or...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/24-1-72.htm - 7K - Match Info - Similar pages

11-58-8
Section 11-58-8 Bonds - Security for payment of principal and interest; remedies upon
default. The principal of and interest on any bonds issued by a corporation organized under
the authority of this chapter shall be secured by a pledge of the rentals and other receipts
of all or any part of the medical clinic and its facilities financed in whole or in part with
the proceeds of such bond issue or with the proceeds of bonds refunded or to be refunded by
such issue, may be secured by a mortgage covering all or any part of the clinic from which
the revenues so pledged may be derived and may be secured by a pledge of the lease of such
clinic. The proceedings under which such bonds are authorized to be issued or any such mortgage
may contain any agreements and provisions customarily contained in instruments securing bonds,
including, without limiting the generality of the foregoing, provisions respecting the fixing
and collection of rents for any clinic or clinical facilities covered by...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-58-8.htm - 2K - Match Info - Similar pages

41-10-102
Section 41-10-102 Remedies upon default on bonds, etc. (a) Remedies upon default on
bonds or indenture. If there shall be any default in the payment of the principal of or interest
on any of the bonds issued under this article, or in the performance of any provisions of
the indenture or proceedings authorizing the issuance of such bonds, then the holder of any
of the bonds and the interest coupons applicable thereto and the trustee under such indenture
or any one or more of them shall have and may exercise any one or more of the following remedies:
(1) They may by civil action, mandamus, injunction or other proceeding compel the performance
of all duties of the officers and directors of the corporation with respect to the use of
funds for the payment of the bonds and for the performance of the bonds and the agreements
of the corporation contained in the bonds, the indenture or in the proceedings under which
they were issued; (2) They may institute a civil action and shall be entitled...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-102.htm - 4K - Match Info - Similar pages

41-9-432
Section 41-9-432 Powers generally. The commission shall be authorized: (1) To investigate
and select an available site for housing the exhibits, including the surrounding grounds,
in cooperation with the Department of the Army and the community, taking into consideration
all pertinent factors affecting the suitability of such site; (2) To acquire by rent or lease
agreement or otherwise the necessary housing facilities and to establish, improve and enlarge
the available facility, including providing it with necessary equipment, furnishings, landscaping
and related facilities, including parking areas and ramps, roadways, sewers, curbs and gutters;
(3) To enter into such contracts and cooperative agreements with the local, state and federal
governments, with agencies of such governments, including the Department of the Army and the
National Aeronautics and Space Administration, with private individuals, corporations, associations
and other organizations as the commission may deem...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-9-432.htm - 8K - Match Info - Similar pages

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