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22-34-7
Section 22-34-7 Authority authorized to issue bonds. For the purpose of providing funds for
the authority to make loans to public bodies for a project or projects, or for the payment
of obligations incurred or temporary loans made for any of said purposes, the authority is
hereby authorized, from time to time, to issue and sell its bonds or other evidences of indebtedness.
Such bonds may be issued in one or more series; shall be in such form and denominations and
of such terms and maturities, not exceeding 25 years from the date of issue of each series;
shall bear such rate or rates of interest, payable and evidenced in such manner; may contain
such provisions for registration or for redemption prior to maturity; and may contain such
other provisions not inconsistent herewith, all as may be provided by the authorizing resolution.
As security for the payment of the principal of and interest on its bonds, the authority is
authorized to pledge, transfer and assign any obligations of each...
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41-29-502
Section 41-29-502 Authorization to issue additional bonds; exemption from usury laws. (a) In
addition to all powers heretofore conferred on it by acts heretofore enacted by the Legislature
of Alabama, and in addition to all other powers conferred on it in this article, the authority
is hereby authorized to sell and issue its bonds, not exceeding one hundred million dollars
($100,000,000) in aggregate principal amount, for the purposes of making the grants of money
authorized in Section 41-29-503 hereof and to anticipate by the issuance of its bonds the
receipt of the revenues herein appropriated and pledged; provided the authority shall not
issue more than ten million dollars ($10,000,000) in aggregate principal amount of such bonds
in any two-year period; and provided there shall not be more than forty million dollars ($40,000,000)
in aggregate principal amount of such bonds, in addition to bonds heretofore issued by the
authority, outstanding at any one time, but excluding for this...
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16-60-94
Section 16-60-94 Revenues of authority. For the purpose of providing funds to enable the authority
to pay at their respective maturities the principal of and interest on all bonds issued by
it under the provisions of this article, and to accomplish the objects of its creation, there
is hereby irrevocably pledged to such purpose and hereby appropriated such amount of money
as may be necessary for said purpose out of the residue of the receipts from the privilege
or excise tax levied by Section 28-3-181, after there shall have been taken from said receipts
the amounts necessary to meet all prior charges thereon, including the amounts specified in
subdivisions (1) and (2) of subsection (c) of Section 28-3-181, said residue constituting
that portion of the receipts from the said tax that is now required by law to be paid into
the Education Trust Fund. The moneys hereby appropriated and pledged shall constitute a sinking
fund for the purpose of paying the principal of and the interest on...
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22-29-8
Section 22-29-8 Bonds - Authorization to issue and sell; security for payment. For the purpose
of providing funds for the state to make grants to local public bodies for a project or projects
or for the payment of obligations incurred or a temporary loan made for any of said purposes,
the authority is hereby authorized, from time to time, to issue and sell its bonds, not exceeding
in the aggregate principal amount, however, $30,000,000.00. Such bonds may be issued in one
or more series, shall be in such form and denominations and of such tenor and maturities,
not exceeding 40 years from the date of issue of each series, shall bear such rate or rates
of interest, payable and evidenced in such manner, may contain such provisions for registration
or for redemption prior to maturity and may contain such other provisions not inconsistent
with this section as may be provided by the authorizing resolution. As security for the payment
of the principal of and interest on its bonds, the...
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22-6-27
Section 22-6-27 Resident Protection Trust Fund; appropriation; use. All revenue collected pursuant
to assessing civil penalties shall be deposited in the State Treasury to the credit of Medicaid
in a trust fund known as The Resident Protection Trust Fund. This fund is hereby appropriated
to Medicaid to be expended for the purpose of protecting the health and property of residents
in nursing facilities found deficient and for assisting with relocating indigent residents
when an action is taken under the auspices of this article. This fund may be used for the
maintenance of a facility pending correction of deficiencies or closure and to reimburse residents
for personal funds lost. All funds in excess of $50,000.00 may be used to provide technical
assistance to facilities to return to full compliance with this article. (Acts 1989, No. 89-641,
p. 1268, §8.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-6-27.htm - 1K - Match Info - Similar pages
33-2-8
Section 33-2-8 General provisions relative to inland waterways improvement bonds and temporary
loans. In order to provide funds for the purposes herein authorized, the Governor is hereby
empowered to execute, with the concurrence of the director of state docks, and to sell the
state's bonds in such amounts, not exceeding in the aggregate the sum of $3,000,000.00 as
may be necessary for said purposes, all under and subject to the following provisions: Said
bonds shall be appropriately designated as inland waterways improvement bonds of the state.
The bonds may be issued from time to time in one or more series and the bonds of each series
shall be payable in substantially equal annual installments of principal and interest at such
times as may be designated by the State Docks Department with approval of the Governor; provided,
that the first installment of principal of the bonds of each series must mature not later
than 10 years from the date of such series and the last installment of...
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41-23-61
Section 41-23-61 Definitions. As used in this article, the following words and phrases shall
have the following meanings: (1) ADVISORY COUNCIL. A subcommittee of the committee. (2) BASE
FUNDS. Any money not appropriated pursuant to this article, that is used to match the state
funds. Base funds may be federal, local, private, foundation grants, or money derived from
any other source. (3) COMMITTEE. The Regional Revolving Loan Policy Committee established
by Section 41-23-51. (4) CONTRACTUAL SERVICES. Any services necessary for the implementation
of and the administration of this article. (5) DEPARTMENT. The Alabama Department of Economic
and Community Affairs. (6) INCUBATOR. A multitenanted facility characterized by shared business
services, equipment, space, and access to on-premises business consultants. (7) LEGAL ENTITY.
Any authority, agency, regional planning and development commission, city government, county
government, or subdivisions thereof to which the state may grant funds....
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16-13-5
Section 16-13-5 Federal grants, appropriations, etc. - Acceptance. The State Treasurer is hereby
authorized and empowered to accept from the federal government or any instrumentality thereof,
in the name of and for the State of Alabama, any grant from the federal government or any
appropriation made by the Congress of the United States or any allocation of federal funds
appropriated by the Congress of the United States to the State of Alabama for the purpose
of assisting the state in financing a minimum foundation program of public elementary and
secondary schools, and in reducing inequalities of educational opportunities through public
elementary and secondary schools, and for the general welfare and other purposes. The Treasurer
is hereby required to make the necessary reports; provided, that any or all such acceptances
or conditions shall not be contrary to the Constitution of Alabama. (Acts 1949, No. 644, p.
986, §1.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-13-5.htm - 1K - Match Info - Similar pages
16-3-19
Section 16-3-19 Acceptance of federal funds by board. The State Board of Education may accept
for the State of Alabama any appropriation of money for the removal of illiteracy, the teaching
of immigrants and for other educational purposes which may hereafter be made out of the federal
Treasury by any acts of Congress; and the State Board of Education shall be constituted the
chief educational authority for the expenditure and administration of any such funds. Said
board may make rules and regulations for the expenditure of such funds, such expenditure to
be in accordance with the terms of the acts of Congress making such appropriations. The Treasurer
of the state is hereby designated as custodian for all funds received as apportionments under
the provisions of such act or acts of Congress. (School Code 1927, §49; Code 1940, T. 52,
§23.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-3-19.htm - 1K - Match Info - Similar pages
22-21-330
Section 22-21-330 Lease agreements with authorizing subdivision; terms; renewal options; special
pledge as security for payment of rental, etc.; use of vacant space. (a) Each authority and
any authorizing subdivision are hereby respectively authorized to enter into one or more lease
agreements with each other whereunder any health care facilities situated within (or within
10 miles of) such authorizing subdivision or any part thereof shall be leased by the authority
to such authorizing subdivision, but if and only if such authorizing subdivision is then permitted
by law to operate such health care facilities, to issue its bonds, warrants, notes or other
securities therefor and to pledge for the benefit of any such securities its full faith and
credit. No such lease agreement shall be for a term longer than the then current fiscal year
in which it is made. Any such lease agreement may, however, contain a grant to such authorizing
subdivision of successive options to renew such lease...
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