Code of Alabama

Search for this:
 Search these answers
91 through 100 of 457 similar documents, best matches first.
<<previous   Page: 6 7 8 9 10 11 12 13 14 15   next>>

11-54-54
Section 11-54-54 Bonds - Form, terms, denominations, etc.; execution, sale, delivery, redemption,
etc. All bonds issued by a municipality under authority of this article shall be limited obligations
of the municipality, the principal of and interest on which shall be payable solely out of
the revenues derived from the leasing of the project to finance which the bonds are issued.
Bonds and interest coupons issued under the authority of this article shall never constitute
an indebtedness of the municipality within the meaning of any state constitutional provision
or statutory limitation and shall never constitute nor give rise to a pecuniary liability
of the municipality or a charge against its general credit or taxing powers, and such fact
shall be plainly stated in the face of each such bond. Such bonds may be executed and delivered
at any time and from time to time, may be in such form and denominations, may be of such tenor,
may be in registered or bearer form either as to principal...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-54-54.htm - 2K - Match Info - Similar pages

11-55-3
Section 11-55-3 Bonds - Form, terms, denominations, etc.; execution, sale, delivery, redemption,
etc. All bonds issued by a municipality under authority of this chapter shall be limited obligations
of the municipality, the principal of and interest on which shall be payable solely out of
the revenues derived from the leasing of the project to finance which the bonds are issued.
Bonds and interest coupons issued under authority of this chapter shall never constitute an
indebtedness of the municipality within the meaning of any state constitutional provisions
or statutory limitation and shall never constitute nor give rise to a pecuniary liability
of the municipality or a charge against its general credit or taxing powers, and such fact
shall be plainly stated in the face of each such bond. Such bonds may be executed and delivered
at any time and from time to time, may be in such form and denominations, may be of such tenor,
may be in registered or bearer form either as to principal or...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-55-3.htm - 2K - Match Info - Similar pages

22-21-143
Section 22-21-143 Bonds - Execution. The bonds of the authority shall be signed by either its
president or its vice-president, as shall be provided in the resolution under which the bonds
shall be issued, and the seal of the authority shall be affixed to the bonds and attested
by its secretary; provided, that a facsimile of the signature of one, but not both, of the
officers whose signatures will appear on the bonds may be imprinted or otherwise reproduced
on any of the bonds in lieu of his manually signing the same and provided further, that a
facsimile of the seal of the authority may be imprinted, or otherwise reproduced, on any of
the bonds in lieu of being manually affixed thereto. Any interest coupons applicable to the
bonds shall be signed either manually by, or with a facsimile of, the signature of either
the president or the vice-president of the authority, as shall be provided in the resolution
under which the bonds shall be issued. If after any of the bonds or interest...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-21-143.htm - 1K - Match Info - Similar pages

16-60-91
Section 16-60-91 Execution, form, terms, sale, etc., of bonds; use of proceeds; security; bonds
legal investments. The bonds of the authority shall be signed by its president and attested
by its secretary and the seal of the authority shall be affixed thereto, and any interest
coupons applicable to such bonds shall be signed by the president; 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 signing the same, a facsimile of the seal of the authority
may be printed or otherwise reproduced on any such bonds in lieu of being manually affixed
thereto and a facsimile of the president's signature may be printed or otherwise reproduced
on any such interest coupons in lieu of his signing the same. Any bonds of the authority may
be executed and delivered by it 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...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-60-91.htm - 6K - Match Info - Similar pages

11-47-5
Section 11-47-5 Execution of contracts. Contracts entered into by a municipality shall be in
writing, signed and executed in the name of the city or town by the officers authorized to
make the same and by the party contracting. In cases not otherwise directed by law or ordinance,
such contracts shall be entered into and executed by the mayor in the name of the city or
town and all obligations for the payment of money by the municipality, except for bonds and
interest coupons, shall be attested by the clerk. This section shall not be construed to cover
purchases for the ordinary needs of the municipality. (Code 1907, §1183; Code 1923, §1899;
Code 1940, T. 37, §467.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-47-5.htm - 990 bytes - Match Info - Similar pages

16-16-9
Section 16-16-9 Execution, form, terms and conditions of bonds; sale; refunding bonds; bonds
to be limited obligations; security for payment; bonds as negotiable instruments; exemption
from taxation; bonds as security for deposits and for investment of fiduciary funds. (a) The
bonds of the authority shall be signed by its president and attested by its secretary, and
the seal of the authority shall be affixed thereto, and any interest coupons applicable to
such bonds shall be signed by the president; provided, that a facsimile of the signature of
one, but not both, of the 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 authority may
be printed or otherwise reproduced on any such bonds in lieu of being manually affixed thereto
and a facsimile of the president's signature may be printed or otherwise reproduced on any
such interest coupons in lieu of his manually signing the same. (b) Any bonds...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-16-9.htm - 6K - Match Info - Similar pages

11-47-223
Section 11-47-223 Bonds of an authority - Signature and seal. All bonds of an authority shall
be signed in the name and behalf of the authority by its chair or vice-chair, and the seal
of the authority shall be affixed thereto and attested by its secretary or an assistant secretary.
Notwithstanding the foregoing, facsimiles of the signatures of the officers may be imprinted
or otherwise reproduced on any of the bonds in lieu of the officers manually signing the same
so long as the related indenture or other authorizing proceedings provide for the manual authentication
of the bonds by a trustee or paying agent, and provided further that a facsimile of the seal
of the authority may be imprinted, or otherwise reproduced, on any of the bonds in lieu of
being manually affixed thereto. If, after any of the bonds are so signed, whether manually
or by facsimile, any officer shall, for any reason, vacate his or her office, the bonds so
signed may nevertheless be delivered at any time thereafter...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-47-223.htm - 1K - Match Info - Similar pages

11-49A-10
Section 11-49A-10 Bonds - Signature and seal; form and terms; sale; from what sources payable;
trust indentures, mortgages, etc. All bonds issued by the authority shall be signed by the
chairman of its board or other chief executive officer and attested by its secretary, and
the seal of the authority shall be affixed thereto, and any interest coupons applicable to
the bonds of the authority 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 authority may be printed or otherwise reproduced on any
such bonds in lieu of being manually affixed thereto, and a facsimile of the signature of
the chairman of its board or other chief executive officer may be printed or otherwise reproduced
on any such interest coupons in lieu of his manually signing the same....
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-49A-10.htm - 5K - Match Info - Similar pages

11-85-107
Section 11-85-107 Bonds - Authentication; redemption; sale; refunding; use of proceeds; security;
investment of funds. The bonds of the authority shall be signed by its president and attested
by its secretary and the seal of the authority shall be affixed thereto or a facsimile of
such seal shall be printed or otherwise reproduced thereon; 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 being manually subscribed thereon and a facsimile of the signatures
of both of the officers may be printed or otherwise reproduced on such bonds in lieu of being
manually affixed thereof if the authority, in its proceedings with respect to issuance of
the bonds, provides for manual authentication of such bonds. The State Treasurer shall be
registrar, transfer agent, and paying agent for the bonds. The State Treasurer may designate
named individuals who are employees of the state and who are assigned to...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-85-107.htm - 7K - Match Info - Similar pages

16-17-10
Section 16-17-10 Bonds of authority. (a) All bonds issued by the authority shall be signed
by its chairman and attested by its secretary, and the seal of the authority shall be affixed
thereto, and any interest coupons applicable to the bonds of the authority shall be signed
by the said chairman; 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 authority may be printed or otherwise reproduced
on any such bonds in lieu of being manually affixed thereto and a facsimile of the signature
of the chairman of the authority may be printed or otherwise reproduced on any such interest
coupons in lieu of his manually signing the same. (b) Any such bonds may be executed and delivered
by the authority at any time and from time to time, shall be in such form and denominations
and of such tenor and maturities, shall contain such provisions...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-17-10.htm - 5K - Match Info - Similar pages

91 through 100 of 457 similar documents, best matches first.
<<previous   Page: 6 7 8 9 10 11 12 13 14 15   next>>