|
11-92A-14
Section 11-92A-14 Bonds of authority. (a) Bonds of an authority shall be signed by its chairman
and attested by its secretary, the seal of the authority shall be affixed thereto, and any
interest coupons applicable to said bonds shall be signed by the chairman; provided that a
facsimile of the signature of said officers may be printed or otherwise reproduced on any
such bonds in lieu of being manually subscribed thereon, a facsimile of the seal of the authority
may be printed or otherwise produced on any such bonds in lieu of being manually affixed thereto,
and a facsimile of the chairman's signature may be printed or otherwise reproduced on any
such interest coupons in lieu of being manually subscribed thereon, provided that the bonds
have been manually authenticated by a transfer agent of the bond issue. Delivery of the bonds
so executed shall be valid notwithstanding any changes in officers or in the seal of the authority
after the signing and sealing of the bonds. (b) Any bonds may...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-92A-14.htm - 5K - Match Info - Similar pages
11-99A-15
Section 11-99A-15 Issuance of bonds by districts; terms and assessments. (a) A district may
borrow money by the issuance of bonds, which bonds shall be revenue obligations, payable exclusively
out of assessments levied on land within the district, and the bonds shall not be supported
by the full faith and credit of the appointing government. However, the bonds may be secured
by additional revenues, guarantees, pledges, letters of credit, or other credit enhancements
as may be provided by the district, the owner of any property within the district, or any
other person, to the extent provided in the proceedings of the board with respect to the issuance
of the bonds. (b) Bonds of a district shall be signed by its chair and attested by its secretary,
the seal of the district may be affixed thereto, and any interest coupons applicable to the
bonds shall be signed by the chair; provided that: (1) a facsimile of the signature of the
officers may be printed or otherwise reproduced on any bonds...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-99A-15.htm - 4K - Match Info - Similar pages
11-32-9
Section 11-32-9 Bonds - Form and execution; sale; obligations; notice. (a) All bonds issued
by the authority shall be signed by the chair, vice chair, or executive director and attested
by its secretary or assistant secretary, and the seal of the authority shall be affixed thereto
except that a facsimile of the signature of the officers may be printed or otherwise reproduced
on any of the bonds in lieu of being manually subscribed on the bonds, a facsimile of the
seal of the authority may be printed or otherwise produced on the bonds in lieu of being manually
affixed thereto, if the bonds have been manually authenticated by a transfer agent of the
bond issue. Delivery of executed bonds shall be valid notwithstanding any changes in officers
or in the seal of the authority after the signing and sealing of the bonds. The bonds may
be executed and delivered by the authority at any time and from time to time, shall be in
the form and denominations and of the tenor and maturities, shall...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-32-9.htm - 6K - Match Info - Similar pages
22-21-329
Section 22-21-329 Notice of issuance of securities; limitation on actions to contest. Any resolution
authorizing any securities under this article may contain a recital that they are issued pursuant
to the provisions of this article, which recital shall be conclusive evidence that such securities
have been duly authorized pursuant to the provisions of this article, notwithstanding the
provisions of any other law now in force or hereafter enacted or amended. Upon the adoption
by the board of any resolution providing for the issuance of securities, the authority may,
in its discretion, cause to be published, once a week for two consecutive weeks, in a newspaper
then published in the county in which the principal office of the authority is located, or,
if there is no such newspaper, then in a daily newspaper published in the state, a notice
in substantially the following form, with any appropriate changes, to the extent applicable
and with the blanks being properly filled in: "_____, a...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-21-329.htm - 2K - Match Info - Similar pages
37-11A-1
Section 37-11A-1 Execution and text of compact. The Governor, on behalf of this state, shall
execute a compact, in substantially the following form, with the State of Mississippi, and
the Legislature approves and ratifies the compact in the form substantially as follows: Northeast
Mississippi - Northwest Alabama Railroad Authority Compact. The contracting states solemnly
agree: Article I. The purpose of this compact is to promote and develop trade, commerce, industry,
and employment opportunities for the public good and welfare in northeast Mississippi and
northwest Alabama through the establishment of a joint interstate authority to acquire certain
railroad properties and facilities which the operator thereof has notified the Interstate
Commerce Commission of an intention to abandon and which are located in any of Franklin, Marion,
or Winston Counties, Alabama or in Alcorn or Tishomingo Counties, Mississippi. Article II.
This compact shall become effective immediately as to the State...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/37-11A-1.htm - 33K - Match Info - Similar pages
22-29-10
Section 22-29-10 Bonds - Presumption of validity; contest of validity. Each authorizing resolution
or an indenture of trust provided for therein shall contain a recital that the bonds therein
authorized are issued pursuant to the provisions of this chapter, which recital shall be conclusive
evidence that said bonds have been duly authorized pursuant to the provisions of this chapter,
notwithstanding the provisions of any other law now in force or hereafter enacted or amended.
Upon the passage of any authorizing resolution, the authority may, in its discretion, cause
to be published once in each of two consecutive weeks in a newspaper published and having
general circulation in the City of Montgomery, Alabama, a notice in substantially the following
form (the blanks being properly filled in): "Alabama Pollution Control Finance Authority,
an agency of the State of Alabama, on the _____ day of _____, 20__, adopted a resolution providing
for the issuance of $_____ principal amount of bonds...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-29-10.htm - 2K - Match Info - Similar pages
14-2-15
Section 14-2-15 Bonds - Recital, notice and contest of authorizing resolution, etc. (a) Any
resolution or indenture of trust authorizing any bonds under this chapter shall contain a
recital that they are issued pursuant to the provisions of this chapter, which recital shall
be conclusive evidence that said bonds have been duly authorized pursuant to the provisions
of this chapter, notwithstanding the provisions of any other law now in force or hereafter
enacted or amended. (b) Upon the passage of any resolution or approval of any indenture or
trust providing for the issuance of bonds under the provisions of this chapter, the authority
may, in its discretion, cause to be published once in each of two consecutive weeks in a newspaper
published and having general circulation in the City of Montgomery, Alabama, a notice in substantially
the following form, the blanks being first properly filled in: "Alabama Corrections Institution
Finance Authority, an Agency of the State of Alabama, on...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/14-2-15.htm - 2K - Match Info - Similar pages
11-15-10
Section 11-15-10 Warrants - Notice of warrant resolution; actions to question proceedings for
issuance; invalidate warrants, etc. Upon the adoption by the board of any resolution providing
for the issuance of warrants, the corporation may, in its discretion, cause to be published
once a week for two consecutive weeks in a newspaper published and having general circulation
in the county and, if there is no such newspaper published in the county, then in a newspaper
having general circulation therein, a notice in substantially the following form (blanks being
properly filled in): "_____, a public corporation in _____ county and a political subdivision
of the State of Alabama, on the_____ day of ______, authorized the issuance of $_____ principal
amount of revenue warrants of the said corporation for purposes authorized in the act of the
Legislature of Alabama under which the said corporation was organized. Any civil action or
proceeding questioning the validity of the said warrants, or...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-15-10.htm - 2K - Match Info - Similar pages
11-101A-19
Section 11-101A-19 Authorization of securities. (a) Any resolution authorizing any securities
under this chapter may contain a recital that they are issued pursuant to this chapter, which
recital shall be conclusive evidence that the securities have been duly authorized pursuant
to this chapter, notwithstanding any other law now in force or hereafter enacted or amended.
Upon the adoption by the board of any resolution providing for the issuance of securities,
the authority may cause to be published once a week for two consecutive weeks in a newspaper
published in the county in which the principal office of the authority is located, or, if
there is no newspaper, then in a daily newspaper published in the state, a notice in substantially
the following form, with any appropriate changes, to the extent applicable and with the blanks
being properly filled in: " ___, a public corporation and instrumentality under the laws
of the State of Alabama, has authorized the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-101A-19.htm - 2K - Match Info - Similar pages
11-94-12
Section 11-94-12 Bonds of authority - Indenture; lien; remedies of bondholders. In the discretion
of its board, any bonds issued by an authority may be secured by an indenture between an authority
and a trustee, which may be any trust company or bank having trust powers, whether such bank
or trust company is located within or without the state. In any such indenture or resolution
providing for the issuance of bonds an authority may pledge, for payment of the principal
of and the interest on such bonds, any of its revenues to which its right then exists or may
thereafter come into existence and may assign, as security for such payment, any of its leases,
franchises, permits and contracts; and in any such indenture, an authority may mortgage any
of its properties, including any that may be thereafter acquired by it, and may provide that
in the event of a default in payment of the bonds secured thereby or in the event of default
with respect to any agreement contained therein, such...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-94-12.htm - 4K - Match Info - Similar pages
|