41-10-626
Section 41-10-626 Bonds of the authority. (a) General. The authority is authorized from
time to time to sell and issue its bonds in limited amounts and for the purpose of promoting
economic development and industrial recruitment as specified by the Legislature from time
to time by separate act, provided that refunding bonds may be issued by the authority pursuant
to Section 41-10-627 without first obtaining separate authorization from the Legislature.
(b) Sources of payment. Bonds issued by the authority shall be solely and exclusively an obligation
of the authority and shall not create an obligation or debt of the state. Such bonds shall
not be general obligations of the authority but shall be payable solely from one or more of
the following sources: (1) Appropriated funds. (2) The income or proceeds realized by the
authority under any mortgage or security granted to the authority. (3) Amounts derived from
any letter of credit, insurance policy, or other form of credit enhancement...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-626.htm - 5K - Match Info - Similar pages

41-10-755
Section 41-10-755 Bonds of the authority. (a) General. The authority is authorized from
time to time to sell and issue its bonds for the purpose of providing funds to be transferred
to and deposited in the Alabama Trust Fund and the Rainy Day Account, to provide additional
funds to the Alabama Medicaid Agency, for paying the costs of transportation projects, and
for the purpose of refunding any or all of the authority's outstanding bonds. (b) Sources
of payment. Bonds issued by the authority shall be solely and exclusively an obligation of
the authority and shall not create an obligation or debt of the state. Such bonds shall not
be general obligations of the authority but shall be payable solely from one or more of the
following sources: (1) Appropriated funds. (2) The income or proceeds realized by the authority
under any mortgage or security granted to the authority. (3) Amounts derived from any letter
of credit, insurance policy, or other form of credit enhancement applicable to...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-755.htm - 5K - Match Info - Similar pages

45-37A-56.33
Section 45-37A-56.33 Bonds of the authority. The authority shall have the power and
is hereby authorized at any time and from time to time to issue and sell its interest bearing
revenue bonds for any of its corporate purposes. The principal of and the interest on all
such bonds shall be payable solely from, and may be secured by a pledge of, the revenues derived
by the authority from the operation of any or all of its parking facilities and other property,
or by mortgage of any property of the authority. None of the bonds issued or contracts entered
into by the authority shall ever constitute or create an obligation or debt of the state,
or of any county, city, or town within the state, or a charge against the credit or taxing
powers of the state, or of any county, city, or town within the state. Bonds of the authority
may be issued at any time and from time to time, may be in such form and denominations, may
be of such tenor, may be payable in such installments and at such time or...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-37A-56.33.htm - 3K - Match Info - Similar pages

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...

alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/23-1-157.htm - 6K - Match Info - Similar pages

23-6-8
Section 23-6-8 Bonds of corporation; annual appropriation from state Public Road and
Bridge Fund. (a) The bonds of the corporation shall be signed by its president and attested
by its secretary and the seal of the corporation shall be affixed thereto or a facsimile thereof
printed or otherwise reproduced thereon. The signatures of both the president and the secretary
on any bonds may be facsimile signatures if the board of directors, in its proceedings with
respect to issuance of the bonds, provides for manual authentication thereof, or manual execution
of certificates of registration thereon, by a trustee, registrar, or paying agent or by named
individuals who are employees of the state assigned to the Finance Department or the State
Treasurer's office. Any bonds of the corporation may be executed and delivered by it at any
time and shall be in the form and denominations and of the tenor and maturities, shall bear
the rate or rates of interest payable and evidenced in such manner, may...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/23-6-8.htm - 7K - Match Info - Similar pages

45-37A-54.67
Section 45-37A-54.67 Borrowing; revenue bonds. The authority shall have the power to
borrow money and to issue revenue bonds as evidence of any money so borrowed, which bonds
shall be payable solely from the revenues derived from the fairs, exhibitions, amusements,
and other activities and enterprises in which the authority is hereby authorized to engage.
As security for any money so borrowed, together with interest thereon and any obligations
incurred or assumed, the authority may mortgage, pledge, or otherwise transfer and convey
its real, personal, and mixed property, or any part or parts thereof, whether then owned or
thereafter acquired, including any franchises then owned or thereafter acquired, and all or
any part of the revenues derived from the fairs, exhibitions, amusements, and other activities
and enterprises in which the authority is hereby authorized to engage. The instrument whereunder
such mortgage or pledge shall be made may contain such agreements as the authority...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-37A-54.67.htm - 3K - Match Info - Similar pages

11-50B-9
Section 11-50B-9 Funding. (a) In order to provide funds for payment of the costs of
the acquisition, establishment, purchase, construction, maintenance, enlargement, extension,
lease, or improvement of cable systems, telecommunications equipment, and telecommunications
systems, public providers, within the limitations applicable under the Constitution of Alabama
of 1901, may become indebted in an amount not to exceed the costs and the costs incurred in
issuing the indebtedness and, in evidence thereof, issue the public provider's bonds or other
evidences of indebtedness, as the case may be, in the manner, tenor, and form as may be otherwise
provided by law, for the issuance of the public provider's warrants, bonds, or other evidences
of indebtedness generally. The warrants, bonds, or other evidences of indebtedness issued
pursuant to this section shall be payable solely from the revenues derived or to be
derived from the operation of the systems or equipment and shall not have a...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-50B-9.htm - 3K - Match Info - Similar pages

11-47-210.1
Section 11-47-210.1 Legislative findings and declarations. The Legislature finds and
declares all of the following: (1) Through this article, the Legislature has (i) granted to
each municipality in the state, acting either individually or in cooperation with one or more
other municipalities, the power to acquire, operate, manage, and control parks, playgrounds,
and other recreational or athletic facilities and to authorize the organization of an authority,
as a public corporation, to act on behalf of the municipality or municipalities in providing
for the ownership and management of parks, playgrounds, and other recreational or athletic
facilities, (ii) provided for the organization of the authorities, and (iii) specified certain
powers to be enjoyed by such an authority. (2) In order to facilitate the accomplishment of
the legislative objectives reflected in this article and to provide for a greater degree of
mutual cooperation among separate political subdivisions, it is necessary,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-47-210.1.htm - 3K - Match Info - Similar pages

45-39-250.02
Section 45-39-250.02 Funding. (a) In order to provide funds for payment of the costs
of the acquisition, establishment, purchase, construction, maintenance, enlargement, extension,
lease, or improvement of cable systems, telecommunications equipment, and telecommunications
systems, municipalities and municipal instrumentalities in Lauderdale County, within the limitations
applicable under the Constitution of Alabama of 1901, may become indebted in an amount not
to exceed the costs and the costs incurred in issuing the indebtedness, and in evidence thereof
issue the municipality's or municipal instrumentality's warrants, bonds, or other evidences
of indebtedness, as the case may be, in the manner, tenor, and form as may be otherwise provided
by law, for the issuance of the municipality's or municipal instrumentality's warrants, bonds,
or other evidences of indebtedness generally. The warrants, bonds, or other evidences of indebtedness
issued pursuant to this section shall be payable...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-39-250.02.htm - 3K - Match Info - Similar pages

11-45-8
Section 11-45-8 Publication and recordation of ordinances; when ordinances take effect;
adoption of certain technical codes by reference. (a) All ordinances shall as soon as practicable
after their passage be recorded in a book kept for that purpose and be authenticated by the
signature of the clerk. (b)(1) All ordinances of a general or permanent nature, except as
provided in subdivision (2) and in subsection (d) of this section, shall be published
in some newspaper of general circulation published in the municipality, but if no such newspaper
is published in the municipality such ordinances may be published by posting a copy of the
ordinance in three public places within the municipality, one of which shall be at the mayor's
office in the city or town. In the event there is no newspaper published in the municipality
and there is a newspaper published in the county in which the municipality is located having
general circulation in the municipality, at the option of the governing body...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-45-8.htm - 6K - Match Info - Similar pages