17-7-2
Section 17-7-2 Warrants or certificates for purchase - Issuance; form; interest. Each county
in which electronic voting machines may now or hereafter be authorized or required to be used
in the conduct of elections in such county shall have the power from time to time to sell
and issue interest-bearing warrants of such county or interest-bearing certificates of indebtedness
of such county for the purpose of paying the cost of acquiring or providing electronic voting
machines for the conduct of elections in such county, or for providing a voter reidentification
program, providing equipment for the county board of registrars, or paying for construction
for compliance with handicap regulations for accessibility to polling places. Such warrants
and certificates may be in such denomination or denominations, may have such maturity or maturities
not exceeding 15 years from their date, may bear interest from their date at an annual rate
or rates not exceeding the prevailing rate, payable...
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4-5-1
Section 4-5-1 Applicability and purpose of chapter. This chapter shall apply to each county
in the State of Alabama and have for its purpose the authorization of the sale and issuance
of interest-bearing warrants and certificates of indebtedness for the purpose of acquiring
and providing county airports. (Acts 1955, No. 363, p. 881, §1.)...
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4-5-4
Section 4-5-4 Refunding warrants and certificates. Each such county may in like manner from
time to time issue refunding warrants and certificates, either by sale or by exchange, for
the purpose of refunding a like or greater principal amount of warrants and certificates then
outstanding, which were issued under the provisions of this chapter and the interest thereon,
and paying any premium necessary to be paid to retire the outstanding warrants and certificates
refunded thereby. The provisions of this chapter applicable to the warrants and certificates
so refunded shall likewise be applicable to such refunding warrants and certificates. (Acts
1955, No. 363, p. 881, §4.)...
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11-9-3
Section 11-9-3 Pledges of special sanitary tax for payment of principal and interest. The county
commission of the county issuing any such warrants or certificates of indebtedness shall have
the power to pledge and to use or cause to be used for the payment of the principal of and
interest on such warrants and certificates of indebtedness so much as may be necessary for
such purpose of the proceeds from the special sanitary tax levied by said county. If more
than one such pledge shall be made with respect to the proceeds from the special sanitary
tax, then such pledges shall take precedence in the order in which they are made unless the
proceedings making any such pledge shall expressly provide that such pledge shall be on a
parity with or subordinate to a subsequent pledge of the special sanitary tax. Any such warrants
or certificates of indebtedness for which such pledge may be made shall constitute preferred
claims against the proceeds of the special sanitary tax so pledged and...
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17-7-5
Section 17-7-5 Warrants or certificates for purchase - Refunding authorized. Each such county
may in like manner from time to time issue refunding warrants and certificates, either by
sale or by exchange, for the purpose of refunding a like or greater principal amount of warrants
and certificates then outstanding which were issued under the provisions of this section and
Sections 17-7-2 through 17-7-4 and Sections 17-7-6 and 17-7-7 and the interest thereon and
paying any premium necessary to be paid to retire the outstanding warrants and certificates
refunded thereby. The provisions of this section and Sections 17-7-2 through 17-7-4 and Sections
17-7-6 and 17-7-7 applicable to the warrants and certificates so refunded shall likewise be
applicable to such refunding warrants and certificates. (Acts 1959, No. 603, p. 1492, §4;
§17-9-12; amended and renumbered by Act 2006-570, p. 1331, §37.)...
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11-11-3
Section 11-11-3 Authority for issuance; form, terms, denominations, retirement, etc.; security
for payment of principal and interest on warrants generally. The county commission of each
such county, in addition to all other powers which it may now have, is hereby empowered from
time to time to authorize, sell and issue interest-bearing warrants of the county in anticipation
of and payable solely out of that portion of the highway gasoline tax required by law to be
distributed to that county. The said warrants may be in such denomination or denominations,
may have such maturity or maturities not exceeding 20 years from their date, may bear interest
at such rate or rates and payable at such times, may be made payable at such place or places
whether within or without this state and may be sold at such time or times and in such manner,
whether publicly or privately, all as the county commission of the county shall determine
most advisable by resolution duly adopted at any lawful meeting of...
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41-1-10
Section 41-1-10 Section 41-1-9 deemed declarative of existing law. The provisions of Section
41-1-9 shall be deemed declarative of existing law and shall not be construed in a manner
adverse to the validity of, or the lawfulness of the interest payable with respect to, (i)
any bonds, warrants, notes, certificates of indebtedness or other securities at any time issued
by any issuer described in Section 41-1-9 hereof, or (ii) any debt at any time incurred by
any private person, corporation or other legal entity. (Acts 1983, 4th Ex. Sess., No. 83-923,
p. 205, §2.)...
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11-47-1
Section 11-47-1 Borrowing of money authorized - Twelve-month renewable loans. Cities and towns
shall have the right to borrow money for any purpose or purposes not in excess of any limitation
imposed by the Constitution and, in case of loans for temporary use, the same may be evidenced
either by negotiable notes or by nonnegotiable warrants or certificates of indebtedness which
shall not bear exceeding the legal rate of interest, and no obligation of the municipality
for money borrowed shall be issued unless signed by the mayor and attested by the clerk, with
the seal of the municipality impressed thereon, and a record kept thereof. Any such note,
warrant, or certificate of indebtedness shall be payable not later than 12 months after the
date of its issuance but may be renewed from time to time until the indebtedness evidenced
thereby shall have been paid. License taxes, ad valorem taxes, rents or revenues from water
or any other taxes or revenues due or to become due to a city or town...
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11-62-8
Section 11-62-8 Bonds and notes generally - Form, terms, denominations, etc.; execution, sale,
delivery, redemption, etc.; security for payment of principal or interest; remedies upon default;
liability of municipalities, board, etc., thereupon. (a) Any authority shall have power to
issue from time to time its bonds and notes in such principal amount as its board shall determine
to be necessary to provide sufficient funds for achieving any of its corporate purposes, including
the payment of interest on any of its notes and bonds, the establishment of reserves to secure
any such notes and bonds and all other expenditures of such authority incident to and necessary
or convenient to carry out its corporate purposes and powers. Any authority shall also have
the power to issue from time to time notes to renew notes and bonds to pay notes, including
interest thereon and, whenever it deems refunding expedient, to refund any bonds by the issuance
of new bonds, whether the bonds to be refunded...
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16-13-120
Section 16-13-120 Authority to issue; interest rate; terms, use of proceeds, etc. In any county
in which a special license or privilege tax or excise tax may now or hereafter be levied,
or the proceeds of any ad valorem tax equivalent shall be apportioned, by local act of the
Legislature of Alabama, the county board of education of the county or the city board of education
of any city in the county, as the case may be, may sell and issue interest-bearing warrants,
the principal of and the interest on which shall be payable solely from that portion of the
proceeds from such tax or tax equivalent which may be apportioned and paid to such board of
education. Any such warrants may bear such rate or rates of interest not exceeding 12 percent
per annum, payable semiannually, may be in such denomination or denominations, may mature
over such period of time not exceeding 30 years after their date, may be sold at public or
private sale at such price or prices, may be made redeemable prior to...
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