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33-2-188
Section 33-2-188 Docks facilities revenue bonds and refunding bonds - Disposition of proceeds
of refunding bonds. The proceeds of refunding bonds shall be applied, together with any other
moneys legally available therefor to the payment of the expenses authorized by this article
and to the payment of the principal of, premium, if any, and interest due and to become due
on any outstanding bonds to be refunded thereby and, if so required by order of the director,
shall be deposited by the department, with one or more trustees or escrow agents, which trustees
or escrow agents shall be trust companies or national or state banks, located either within
or without the state, having powers of a trust company, in an interest account to pay interest
on refunding bonds, and in a reserve account to further secure the payment of the principal
of, premium, if any, and interest on any refunding bonds. Proceeds of refunding bonds may
also be applied to repay the department's lease obligations with...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/33-2-188.htm - 6K - Match Info - Similar pages
40-23-35
Section 40-23-35 Disposition of revenues from tax. (a) Such amount of money as shall be appropriated
for each fiscal year by the Legislature to the Department of Revenue with which to pay the
salaries, the cost of operation and management of the department shall be deducted, as a first
charge thereon, from the taxes collected under the provisions of this division; provided,
that the expenditure of the sum so appropriated shall be budgeted and allotted pursuant to
Article 4 of Chapter 4 of Title 41, and limited to the amount appropriated to defray the expenses
of operating the department for each fiscal year. After the payment of the expenses, so much
of the amount remaining as may be necessary, after first applying all sums of money received
by reason of the application of the surplus in the income tax as provided by Section 40-18-58,
for the replacement in the public school fund of the three-mill constitutional levy for schools
and in the General Fund of the one-mill levy for...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/40-23-35.htm - 9K - Match Info - Similar pages
41-10-363
Section 41-10-363 Refunding bonds; proceeds of sale of refunding bonds. Any bonds issued by
the authority under this article may from time to time thereafter be refunded by the issuance
of refunding bonds of the authority. Any such refunding bonds may be issued whether the bonds
to be refunded shall have then matured or shall thereafter mature, and such refunding may
be effected either by sale of the refunding bonds and the applications of the proceeds thereof
to the payment or redemption of the bonds so refunded or by exchange of the refunding bonds
for those to be refunded thereby; provided, that the holders of any bonds so to be refunded
shall not be compelled without their consent to surrender their bonds for payment or exchange
prior to the date on which they are payable or, if they are called for redemption, prior to
the date on which they may be redeemed by the authority according to their terms. Any refunding
bonds may be issued in such aggregate principal amount as the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-363.htm - 2K - Match Info - Similar pages
5-19-20
Section 5-19-20 Insurance. (a) With respect to any consumer credit transaction, the creditor
shall not require any insurance other than insurance against loss of or damage to any property
in which the creditor is given a security interest and insurance insuring the lien of the
creditor on the property which is collateral for the transaction. (b) (1) Credit life and
disability and involuntary unemployment insurance may be offered and, if accepted, may be
provided by the creditor. The charge to the debtor for the insurance shall not exceed the
premium permitted for the coverages. Insurance with respect to any credit transaction shall
not exceed the approximate amount and term of the credit. (2) This subdivision (2) applies
to all consumer credit transactions entered into on or after June 19, 1996. If the consumer
credit transaction is scheduled to be repaid in substantially equal installments which include
a portion of the amount financed, the amount of credit life insurance at any time...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/5-19-20.htm - 5K - Match Info - Similar pages
25-8-32.2
Section 25-8-32.2 Child Labor Administrative Trust Fund. (a) The Child Labor Administrative
Trust Fund is established in the State Treasury into which shall be deposited certain assessments
under this chapter collected by the department. The fund shall constitute a separate fund
to be disbursed by the state Comptroller on order of the secretary. For two years following
May 19, 2009, the child labor division of the department shall be funded from the State General
Fund after which expenses incurred by the child labor division of the department under the
child labor law, including the salaries of all employees, travel cost, and costs of administration
and enforcement as may become necessary, either within or without the state, shall be paid
from the trust fund in the State Treasury upon warrants of the state Comptroller drawn upon
the State Treasury from time to time when vouchers therefor are approved by the secretary.
For the two years referred to in the previous sentence, the amount...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/25-8-32.2.htm - 3K - Match Info - Similar pages
33-2-97
Section 33-2-97 General provisions relative to additional inland waterways improvement bonds.
In order to provide funds for the purposes of this article, there are hereby authorized to
be sold and issued bonds of the state not exceeding $2,000,000.00 in aggregate principal amount,
under and subject to the provisions hereinafter set forth. The bonds shall be designated as
inland waterway improvement bonds of the state. The bonds shall be general obligations of
the state, for payment of the principal of and interest on which the full faith and credit
of the state are hereby irrevocably pledged. The bonds may be issued from time to time in
one or more series, shall bear an appropriate series designation, shall be in such form and
denominations and of such tenor and maturities, shall bear such rate or rates of interest
payable in such manner, may contain provisions for redemption prior to maturity, and may contain
other provisions not inconsistent herewith, all as shall be set forth in an...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/33-2-97.htm - 4K - Match Info - Similar pages
5-17-7
Section 5-17-7 Operating fees; fee filed with certificate of organization. (a) All state chartered
credit unions shall pay an annual operating fee and, if deemed necessary by the administrator,
an assessment, the exact amount of which shall be fixed from time to time by the Administrator
of the Alabama Credit Union Administration. (b) Except as hereinafter provided, the annual
operating fee set by the administrator shall not exceed the fee calculated by use of the following
scale or the administrator may authorize payment of the schedule used by federal credit unions
if the administrator determines it to be appropriate: (1) Credit unions having total assets
of less than $500,000.00 shall pay a fee not in excess of $.12 for each $100.00 of assets,
subject to a minimum of $200.00. (2) Credit unions with assets of $500,000 but not in excess
of $1,000,000 shall pay a fee of $600 plus $.05 per $100 of assets over $500,000 but not in
excess of $1,000,000; credit unions with assets of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/5-17-7.htm - 6K - Match Info - Similar pages
9-13-193
Section 9-13-193 Referendum; amount of assessment; payment and remission of assessment; notice
of referendum. (a) The commission shall authorize a referendum among owners or lessees of
forest land to determine whether an assessment shall be levied upon said owners or lessees
to offset, in whole or in part, the cost of forestry and forest fire protection programs.
(b) The assessment levied against each owner or lessee under this article shall be ten cents
per acre of forest land owned. (c) All affected owners or lessees of forest land shall be
entitled to vote in any such referendum. The commission shall determine any questions of eligibility
to vote and shall establish rules and regulations pertaining to the vote. (d) If a majority
of those voting at the referendum vote in favor of the assessment, then the charge, fee or
assessment shall be collected from the owners or lessees of forest land. The finance charge,
fee or assessment levied by this article shall not be effective until a...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/9-13-193.htm - 2K - Match Info - Similar pages
9-17-176
Section 9-17-176 Assessment. (a) The council shall set the initial assessment at no greater
than one-tenth of one cent per gallon of odorized propane. Thereafter, annual assessments
shall be sufficient to cover the cost of plans and programs developed by the council. The
assessment may not be greater than one-half cent per gallon of odorized propane. In no case
may the assessment be raised by more than one-tenth of one cent per gallon of odorized propane
annually. (b) The owner of propane immediately prior to odorization shall make the assessment
on the volume of odorized propane to be sold and placed into commerce in the State of Alabama.
In the event odorized propane is imported into the state, the owner of the odorized propane
immediately prior to importing shall be responsible for making the assessment. Propane designated
for use in another state is not subject to the assessment. Assessments collected from purchasers
of propane gas are payable to the council on a monthly basis by...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/9-17-176.htm - 2K - Match Info - Similar pages
11-50-91
Section 11-50-91 Payment of assessments generally. The council, in purchasing any sewers or
sewer system the cost of which or any part thereof is to be assessed against the area drained
by such sewer, sewers or sewer system, may provide that the same shall be paid in cash within
30 days after the final assessment, provided the cost of such sewers or sewer system does
not exceed $1,000.00, but if the total cost of such purchase is greater than such sum, any
property owner may, at his election, to be expressed by notifying the city or town official
charged with the duty of collecting such assessments in writing within 30 days after the assessment
is made final, pay such assessment in not less than 10 nor more than 15 equal annual installments,
as determined by the council, which installments shall bear interest at a rate not exceeding
six percent per annum payable annually. And the council may further provide that any person
may further elect to pay each annual installment in four equal...
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