Code of Alabama

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16-16A-2
Section 16-16A-2 Definitions. As used in this chapter, the following words and phrases
shall have the following meanings: (1) AUTHORITY. The Public School and College Authority.
(2) BASELINE DATE. January 1, 2006. (3) 2005 BRAC. a. Closure actions according to the 2005
Base Closure and Realignment Commission Report of the U.S. Department of Defense as they relate
to Redstone Arsenal. b. Subsequent BRAC Actions are closure actions according to any Base
Closure and Realignment Commission Report of the U.S. Department of Defense subsequent to
the 2005 Base Closure and Realignment Commission Report of the U.S. Department of Defense
or administrative actions by a United States government agency, department, or organization
which positively impact the number of Redstone Arsenal jobs. (4) BRAC DISTRIBUTIONS. Bond
proceeds to be distributed to the local school districts for purposes of and as allocated
by this chapter. (5) BRAC IMPACTED AREA. The geographic area within Madison County and the...

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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...
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22-3A-2
Section 22-3A-2 Definitions. The following words and phrases used in this chapter, unless
the context clearly indicates otherwise, shall have the following respective meanings: (1)
AUTHORITY. The public corporation organized pursuant to the provisions of this chapter. (2)
BONDS. The bonds issued under the provisions of this chapter. (3) COUNTY BOARD(S) OF HEALTH.
County board(s) of health provided for in Chapter 3 of Subtitle 1 of Title 22. (4) DIRECTORS.
The board of directors of the authority. (5) GOVERNMENT SECURITIES. Any bonds or other obligations
which as to principal and interest constitute direct obligations of, or are unconditionally
guaranteed by, the United States of America, including obligations of any federal agency to
the extent such obligations are unconditionally guaranteed by the United States of America
and any certificates or any other evidences of an ownership interest in such obligation of,
or unconditionally guaranteed by, the United States of America or in...
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11-89-8
Section 11-89-8 Bonds of district - Form, terms, denominations, etc.; sale; execution
and delivery; refunding; liability thereon; security for payment of principal and interest
and payment thereof generally; provisions in mortgages, deeds of trust or trust indentures
executed as security for payment of bonds generally. All bonds issued by the district shall
be signed by the chairman of its board or other chief executive officer and attested by its
secretary and the seal of the district shall be affixed thereto, and any interest coupons
applicable to the bonds of the district shall be signed by the chairman of its board or other
chief executive officer; provided, that a facsimile of the signature of one, but not both,
of said officers may be printed or otherwise reproduced on any such bonds in lieu of his manually
signing the same, a facsimile of the seal of the district may be printed or otherwise reproduced
on any such bonds in lieu of being manually affixed thereto and a facsimile of...
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23-1-158
Section 23-1-158 Bonds - Disposition of proceeds. (a) The proceeds of all bonds, other
than refunding bonds, issued by the corporation, remaining after paying the expenses of their
issuance, shall be turned in to the Treasury or shall be deposited into such account or accounts
as specified in the resolution of the board of directors whereunder such bonds are authorized
to be issued, and shall be subject to be drawn on upon the approval of the Department of Transportation
solely for the purpose of constructing, reconstructing, and relocating public roads, bridges
and approaches thereto, tunnels, other public roadway improvements, or work incidental or
related thereto, in the State of Alabama, including the acquisition of property necessary
for such construction, reconstruction, and relocation and incidental and related work. If
action is necessary in order to comply with any federal legislation relating to federal aid
in construction of roads, the corporation may authorize the...
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45-8-90
Section 45-8-90 Economic Development Council - Creation; composition; powers and duties.
(a)(1) For the purposes of promoting industry and trade and economic development and to assist
Calhoun County and the municipalities located therein in their pursuits therefor and to provide
for the exercise by the county and the municipalities of certain powers and authority proposed
to be granted to them by an amendment to the Constitution of Alabama, the act proposing such
amendment being adopted at the same session of the Legislature at which the act adding this
section was adopted, there is hereby created an economic development council for Calhoun
County, which council shall constitute a public corporation under the name Calhoun County
Economic Development Council. (2) This section shall be liberally construed in conformity
with the purposes. (b)(1) The powers and authorities of the Calhoun County Economic Development
Council shall be vested in and performed by a board of directors. (2) The...
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11-89B-2
Section 11-89B-2 Form, terms, denominations, etc. of bonds; execution and delivery;
interest; sale; issuance of refunding bonds; liability on bonds; source of payment; use of
proceeds; mortgage, deed of trust, etc., containing certain agreements. All bonds issued pursuant
to the provisions of this chapter shall be signed by the chairman of the board of directors
or other governing body or other chief executive officer of such public corporation and attested
by its secretary and the seal of such public corporation shall be affixed thereto; provided,
that a facsimile of the signatures of both of the officers whose signatures will appear on
the bonds may be imprinted or otherwise reproduced thereon in lieu of being manually signed
if the proceedings in which the bonds are authorized to be issued provide for the manual authentication
of such bonds by a trustee, registrar or paying agent; provided further, that a facsimile
of the seal of such public corporation may be imprinted or otherwise...
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23-1-157
Section 23-1-157 Bonds - Generally. (a) The bonds of the corporation shall be signed
by its president or vice president and attested by its secretary; provided, that a facsimile
of the signature of the officers may be imprinted or otherwise reproduced on any such bonds
in lieu of his or her signing the same. The seal of the corporation shall be affixed to such
bonds; provided, that a facsimile of the seal may be imprinted or otherwise reproduced on
any such bonds in lieu of being manually affixed thereon. (b) Any bonds of the corporation
may be executed and delivered at any time and from time to time, shall be in such form and
denominations and of such tenor and maturities, shall bear such rate or rates of interest
payable and evidenced in such manner, may contain provisions for redemption prior to maturity
and may contain other provisions not inconsistent with this article, all as may be provided
by the resolution of the board of directors whereunder such bonds are authorized to be...

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33-12-5
Section 33-12-5 Powers, duties and functions. The powers, duties and functions of the
agency shall be as follows: (1) GENERALLY. The agency a. Shall have perpetual succession in
its corporate name. b. May sue and be sued in its corporate name. c. May adopt, use and alter
a corporate seal, which shall be judicially noticed. d. May enter into such contracts and
cooperative agreements with the federal, state and local governments, with agencies of such
governments, with private individuals, corporations, associations, trusts and other organizations
as the board may deem necessary or convenient to enable it to carry out the purposes of this
chapter, including the planned, orderly residential development of the area. e. May adopt,
amend and repeal bylaws. f. May appoint such managers, officers, employees, attorneys and
agents as the board deems necessary for the transaction of its business, fix their compensation,
define their duties, require bonds of such of them as the board may...
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41-14A-2
Section 41-14A-2 Definitions. As used in this chapter, the following words and terms
shall have the following meanings: (1) AVERAGE MONTHLY BALANCE OF PUBLIC DEPOSITS. The sum
of the average daily balances of public deposits, meaning the net average daily balances of
public deposits determined without any deduction for deposit insurance, for the reported month
and the 11 months preceding that month, divided by 12. (2) BOARD OF DIRECTORS or BOARD. The
Board of Directors of the SAFE Program established under Section 41-14A-6. The board
of directors shall consist of eight members. (3) COLLATERAL-PLEDGING LEVEL or COLLATERAL-PLEDGING
REQUIREMENT. The percentage or percentages of collateral, in relation to one or more levels
of public deposits held, required to be pledged by a qualified public depository as determined
in accordance with the provisions of this chapter or rules or orders of the board adopted
pursuant to this chapter. (4) COVERED PUBLIC ENTITY. The state and its political...
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