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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...
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11-32-12
Section 11-32-12 Use of bond proceeds. All moneys derived from the sale of any bonds
issued by the authority shall be used solely for the purposes for which the moneys are authorized
and any costs and expenses incidental thereto. The costs and expenses may include, but shall
not be limited to, the following: (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 the 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 the acquisition
or construction costs prior to and during the acquisition or construction and not exceeding
one year after completion of the acquisition or construction. (3) In the case of refunding
bonds, any premium that it may be necessary to pay in order to redeem or retire...
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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...
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11-54-26
Section 11-54-26 Bonds - Disposition of proceeds from sale. (a) The proceeds from the
sale of any bonds issued under authority of this article shall be applied only for the purpose
for which the bonds were issued; provided, however, that any accrued interest and premium
received in any such sale shall be applied to the payment of the principal of or the interest
on the bonds sold; provided further, that if for any reason any portion of such proceeds shall
not be needed for the purpose for which the bonds were issued, then such unneeded portion
of said proceeds shall be applied to the payment of the principal of or the interest on said
bonds. (b) The cost of acquiring any project, which shall be paid from the proceeds derived
from the sale of bonds, shall be deemed to include the following: (1) The actual cost of the
construction of any part of a project which may be constructed, including architect's and
engineer's fees; (2) The purchase price of any part of a project that may be...
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11-55-5
Section 11-55-5 Bonds - Disposition of proceeds from sale. (a) The proceeds from the
sale of any bonds issued under authority of this chapter shall be applied only for the purpose
for which the bonds were issued; provided, however, that any accrued interest and premium
received in any such sale shall be applied to the payment of the principal of or the interest
on the bonds sold; provided further, that if for any reason any portion of such proceeds shall
not be needed for the purpose for which the bonds were issued, then such unneeded portion
of said proceeds shall be applied to the payment of the principal of or the interest on said
bonds. (b) The cost of acquiring any project, which shall be paid from the proceeds derived
from the sale of bonds, shall be deemed to include the following: (1) The actual cost of the
construction of any part of a project which may be constructed, including architect's and
engineer's fees; (2) The purchase price of any part of a project that may be...
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41-10-364
Section 41-10-364 Proceeds of bonds, other than refunding bonds; special fund to pay
costs of acquisition, construction, etc., of mental health facilities; such work supervised
by Building Commission; such work subject to competitive bidding; disposition of moneys remaining.
The proceeds of the bonds, other than refunding bonds, remaining after paying the expenses
of their sale and issuance shall be turned into the State Treasury, shall be carried in a
special fund to be designated the Mental Health Facilities Building Fund, and shall be subject
to be drawn on by the authority for the purpose of paying costs of acquisition, construction,
improvement and equipping of mental health facilities in the state. For the purposes of this
article, the improvement of a facility shall be deemed to include the renovation, modernization,
remodeling, and equipment thereof and the construction of additions thereof, and the construction
of a facility shall be deemed to include the acquisition of real...
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16-60-90
Section 16-60-90 Authorization to issue bonds. The authority may from time to time sell
and issue its bonds, not exceeding $15,000,000.00 in aggregate principal amount, for the purpose
of providing funds for the construction and equipment of trade schools and junior colleges,
including the improvement of sites therefor, the construction of buildings and the reconstruction,
improvement and alteration of existing buildings therefor and the acquisition, purchase and
installation of original equipment therefor. No part of the proceeds from the sale of the
bonds may be used to pay the cost of the acquisition, by purchase or otherwise, of real estate
to be used as a site for any such school or college or any building connected therewith or
the acquisition, by purchase or otherwise, of any existing building. (Acts 1963, 2nd Ex. Sess.,
No. 93, p. 259, ยง10.)...
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33-2-181
Section 33-2-181 Authorization to issue docks facilities revenue bonds. The department,
with the approval of the Governor, may from time to time and at any time, issue its docks
facilities revenue bonds in such aggregate principal amounts as the department, with the approval
of the Governor, may determine to be advisable, for the purpose of providing funds for the
acquisition, construction, equipment or improvement of docks facilities, together with the
expenses incident to the authorization, issuance and sale of such docks facilities revenue
bonds. The cost of so acquiring, constructing, equipping and improving such docks facilities
shall be deemed to include interest that will either accrue or become payable on the docks
facilities revenue bonds issued therefor during the period required for the acquisition, construction,
equipment and improvement of such docks facilities, plus a period not exceeding six months
after the completion thereof. The powers conferred on the department by...
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22-21-333
Section 22-21-333 Exemptions from taxation. All properties of an authority, whether
real, personal or mixed, and the income therefrom, all securities issued by an authority and
the coupons applicable thereto and the income therefrom, and all indentures and other instruments
executed as security therefor, all leases made pursuant to the provisions of this article
and all revenues derived from any such leases, and all deeds and other documents executed
by or delivered to an authority shall be exempt from any and all taxation by the state, or
by any county, municipality or other political subdivision of the state, including, but without
limitation to, license and excise taxes imposed in respect of the privilege of engaging in
any of the activities in which an authority may engage. An authority shall not be obligated
to pay or allow any fees, taxes or costs to the judge of probate of any county in respect
of its incorporation, the amendment of its certificate of incorporation or the...
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2-3A-54
Section 2-3A-54 Expenses; disposition of proceeds. Upon order of the board of directors
of said authority, all expenses incurred in connection with the authorization, preparation,
sale, and issuance of bonds authorized herein and by Amendment 619 shall be paid out of the
proceeds thereof. The proceeds thereof remaining after payment of such expenses, together
with the income derived from the investment and reinvestment of such proceeds (including income
derived from the investment and reinvestment of previously derived income) shall be disbursed
from time to time on the order of said authority for payment of costs incurred in carrying
out the purposes authorized in said amendment, as follows: The sum of five million seven hundred
thousand dollars ($5,700,000) shall be used for the purpose of providing and the equipping
of a center for cotton, cotton products technology, and for its use as an educational, applied
research, and promotional facility in the field of textile and apparel...
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