2-3A-7
Section 2-3A-7 Powers of authority; open meetings. (a) The authority shall have the following
powers, together with all powers incidental thereto or necessary to the discharge thereof
in corporate form: (1) To have succession by its corporate name for the duration of time (which
may be perpetuity, subject to the provisions of Section 2-3A-14) specified in its certificate
of incorporation; (2) To sue and be sued in its own name in civil suits and actions, and to
defend suits against it; (3) To adopt and make use of a corporate seal and to alter the same
at pleasure; (4) To adopt, alter and repeal bylaws, not inconsistent with the provisions of
this article, for the regulation and conduct of its affairs and business; (5) To loan its
funds to one or more persons to be used by such persons to pay the costs of agricultural operations,
such loans to be on such terms and conditions, and for such period of time, and secured or
evidenced by such mortgages, deeds of trust, notes, debentures,...
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39-2-12
Section 39-2-12 Partial and final payments of contractors by awarding authorities. (a) As used
in this section the following words shall have the meanings ascribed to them as follows: (1)
CONTRACTOR. Any natural person, partnership, company, firm, corporation, association, limited
liability company, cooperative, or other legal entity licensed by the Alabama State Licensing
Board for General Contractors. (2) NONRESIDENT CONTRACTOR. A contractor which is neither a.
organized and existing under the laws of the State of Alabama, nor b. maintains its principal
place of business in the State of Alabama. A nonresident contractor which has maintained a
permanent branch office within the State of Alabama for at least five continuous years shall
not thereafter be deemed to be a nonresident contractor so long as the contractor continues
to maintain a branch office within Alabama. (3) RETAINAGE. That money belonging to the contractor
which has been retained by the awarding authority conditioned on...
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11-54-181
Section 11-54-181 Refunding bonds. Any bonds issued by an authority may from time to time be
refunded by the issuance, by sale or exchange, of refunding bonds payable from the same or
different sources for the purpose of paying all or any part of the principal of the bonds
to be refunded, any redemption premium required to be paid as a condition to the redemption
prior to maturity of any such bonds that are to be so redeemed in connection with such refunding,
any accrued and unpaid interest on the bonds to be refunded, any interest to accrue on each
bond to be refunded to the date on which it is to be paid, whether at maturity or by redemption
prior to maturity, and the expenses incurred in connection with refunding; provided, that
unless duly called for redemption pursuant to provisions contained therein, the holders of
any such bonds then outstanding and proposed to be refunded shall not be compelled without
their consent to surrender their outstanding bonds for such refunding. Any...
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11-54A-12
Section 11-54A-12 Refunding bonds. Any bonds issued by the authority may from time to time
be refunded by the issuance, by sale or exchange, of refunding bonds payable from the same
or different sources for the purpose of paying all or any part of the principal of the bonds
to be refunded, any redemption premium required to be paid as a condition to the redemption
prior to maturity of any such bonds that are to be so redeemed in connection with such refunding,
any accrued and unpaid interest on the bonds to be refunded, any interest to accrue on each
bond to be refunded to the date on which it is to be paid, whether at maturity or by redemption
prior to maturity, and the expenses incurred in connection with refunding; provided, that
unless duly called for redemption pursuant to provisions contained therein; the holders of
any such bonds then outstanding and proposed to be refunded shall not be compelled without
their consent to surrender their outstanding bonds for such refunding. Any...
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11-89A-12
Section 11-89A-12 Refunding bonds. Any bonds issued or assumed by an authority may from time
to time be refunded by the issuance, by sale or exchange, of refunding bonds payable from
the same or different sources for the purpose of paying all or any part of the principal of
the bonds to be refunded, any redemption premium required to be paid as a condition to the
redemption prior to maturity of any such bonds that are to be so redeemed in connection with
such refunding, any accrued and unpaid interest on the bonds to be refunded, any interest
to accrue on each bond to be refunded to the date on which it is to be paid, whether at maturity
or by redemption prior to maturity, and the expenses incurred in connection with such refunding;
provided, that unless duly called for redemption pursuant to provisions contained therein,
the holders of any such bonds then outstanding and proposed to be refunded shall not be compelled
without their consent to surrender their outstanding bonds for such...
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11-92C-11
Section 11-92C-11 Refunding bonds. Any bonds issued by an authority may from time to time be
refunded by the issuance, sale, or exchange of refunding bonds payable from the same or different
sources for the purpose of paying all or any part of the principal of the bonds to be refunded,
any redemption premium required to be paid as a condition to the redemption prior to maturity
of any bonds that are to be so redeemed in connection with refunding, any accrued and unpaid
interest on the bonds to be refunded, any interest to accrue on each bond to be refunded to
the date on which it is to be paid, whether at maturity or by redemption prior to maturity,
and the expenses incurred in connection with refunding. Unless duly called for redemption
pursuant to provisions contained therein, the holders of any bonds then outstanding and proposed
to be refunded shall not be compelled without their consent to surrender their outstanding
bonds for refunding. Any refunding bonds may be sold by the...
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16-65-9
Section 16-65-9 Refunding bonds. Any bonds issued by the authority may from time to time be
refunded by the issuance, by sale or exchange, of refunding bonds or obligations payable from
the same or different sources for the purpose of paying all or any part of the principal of
the bonds to be refunded, any redemption premium required to be paid as a condition to the
redemption prior to maturity of any such bonds that are to be so redeemed in connection with
such refunding, any accrued and unpaid interest on the bonds to be refunded, any interest
to accrue on each revenue bond to be refunded to the date on which it is to be paid, whether
at maturity or by redemption prior to maturity, and the expenses incurred in connection with
the refunding; provided, that unless duly called for redemption pursuant to provisions contained
therein, the holders of any such bonds then outstanding and proposed to be refunded shall
not be compelled without their consent to surrender their outstanding bonds...
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2-3A-10
Section 2-3A-10 Refunding bonds. Any bonds issued by the authority may from time to time be
refunded by the issuance, by sale or exchange, of refunding bonds payable from the same or
different sources for the purpose of paying all or any part of the principal of the bonds
to be refunded, any redemption premium required to be paid as a condition to the redemption
prior to maturity of any such bonds that are to be so redeemed in connection with such refunding,
any accrued and unpaid interest on the bonds to be refunded, any interest to accrue on each
bond to be refunded to the date on which it is to be paid, whether at maturity or by redemption
prior to maturity, and the expenses incurred in connection with such refunding; provided,
that unless duly called for redemption pursuant to provisions contained therein, the holders
of any such bonds then outstanding and proposed to be refunded shall not be compelled without
their consent to surrender their outstanding bonds for such refunding....
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24-1A-8
Section 24-1A-8 Refunding bonds. (a) Any bonds issued by the authority may from time to time
be refunded by the issuance, by sale or exchange, of refunding bonds payable from the same
or different sources for the purpose of paying: (1) All or any part of the principal of the
bonds to be refunded; (2) Any redemption premium required to be paid as a condition to the
redemption prior to maturity of any such bonds that are to be so redeemed in connection with
such refunding; (3) Any accrued and unpaid interest on the bonds to be refunded; (4) Any interest
to accrue on each bond to be refunded to the date on which it is to be paid, whether at maturity
or by redemption prior to maturity; and (5) The expenses incurred in connection with the refunding;
provided, however, that unless duly called for redemption pursuant to provisions contained
therein, the holders of any such bonds then outstanding and proposed to be refunded shall
not be compelled without their consent to surrender their...
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41-10-277
Section 41-10-277 Refunding bonds. Any bonds issued by the authority may from time to time
thereafter be refunded by the issuance of refunding bonds of the authority. Any such refunding
bonds may be issued regardless of whether the bonds to be refunded shall have then matured
or shall thereafter mature, and such refunding may be effected either by sale of the refunding
bonds and the application of the proceeds thereof to the payment or redemption of the bonds
so refunded or by exchange of the refunding bonds for those to be refunded thereby; provided,
that the holders of any bonds so to be refunded shall not be compelled without their consent
to surrender their bonds for payment or exchange prior to the date on which they are payable
or, if they are called for redemption, prior to the date on which they may be redeemed by
the authority according to their terms. Any refunding bonds of the authority shall be payable
solely from and secured by the revenues out of which the bonds to be...
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