Code of Alabama

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22-21-311
Section 22-21-311 Definitions. (a) The following words and phrases used in this article, and
others evidently intended as the equivalent thereof, shall, in the absence of clear implication
herein otherwise, be given the following respective interpretations herein: (1) APPLICANT.
A natural person who files a written application with the governing body of a county, municipality,
or educational institution, or two or more thereof, in accordance with the provisions of Section
22-21-313. (2) AUTHORITY. A public corporation organized, and any public hospital corporation
reincorporated, pursuant to the provisions hereof. (3) AUTHORIZING RESOLUTION. The resolution
adopted by the governing body of an authorizing subdivision, in accordance with the provisions
of Section 22-21-313 or Section 22-21-341, that authorizes the incorporation of an authority
or the reincorporation of a public hospital corporation. (4) AUTHORIZING SUBDIVISION. Each
county, municipality, and educational institution with...
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11-65-20
Section 11-65-20 Terms of operator's license. (a) An operator's license issued under this chapter,
whether for horse racing and pari-mutuel wagering thereon or for greyhound racing and pari-mutuel
wagering thereon, shall be for an initial period of 20 years, but shall be subject to renewal
as provided in this section. A commission shall have no power to modify the terms of an operator's
license, once issued, without the prior written consent of the holder of such license. An
operator's license shall be reviewed annually, but such license shall be revocable by the
commission only if the holder thereof shall not be in compliance with the provisions of this
chapter or the valid rules, regulations and orders of the commission and such noncompliance
shall have continued for 60 days after written notice shall be given to such holder by the
commission stating the circumstances of noncompliance and demanding corrective action. (b)
A commission issuing an operator's license shall state therein...
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11-92-10
Section 11-92-10 Issuance of warrants and interest coupons deemed audit and allowance of claims
by counties; effect thereof. The issuance by a county of warrants and the interest coupons
applicable thereto pursuant to the provisions of this chapter shall be deemed to constitute
an audit and allowance by the county of a claim in the aggregate principal amount of such
warrants and interest coupons against the county and against any tax proceeds and the sales
proceeds or either thereof pledged for the payment of such warrants pursuant to the provisions
of this chapter. No proof of registration or other audit or allowance of such claim shall
be required and such warrants and interest coupons shall, from the date of their lawful issuance,
be deemed to be allowed claims against the county by which they were issued and against any
tax proceeds and the sales proceeds or either so pledged therefor. (Acts 1977, No. 694, p.
1223, §10.)...
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11-81-4
Section 11-81-4 Issuance of refunding interest-bearing certificates of indebtedness, warrants
or notes by municipalities; pledge of tax, revenues, etc., for payment of principal and interest
on same. The governing body of any municipality in this state is hereby authorized to issue,
without an election, refunding interest-bearing certificates of indebtedness or refunding
interest-bearing warrants or refunding interest-bearing notes maturing at such time or times
as the governing body may determine, not exceeding 30 years from their respective dates, for
the purpose of funding or refunding outstanding certificates of indebtedness or warrants or
notes of such municipality or any outstanding revenue bonds of such municipality issued under
the provisions of Article 5 of Chapter 81 of Title 11 as amended, or predecessor statute or
any combination thereof, whether the same are due at the time of such funding or refunding
or at a later date, in an aggregate principal amount not exceeding the...
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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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11-11A-3
Section 11-11A-3 Issuance of refunding warrants. Any county in the state of Alabama may from
time to time authorize, sell and issue refunding warrants for the purpose of refunding any
outstanding warrants theretofore issued under the provisions of this chapter (whether or not
the principal of the outstanding warrants to be refunded shall have matured at the time of
the issuance of the refunding warrants). Refunding warrants may not, however, be issued in
a principal amount that will result in the principal proceeds to be derived by the issuing
county therefrom exceeding the sum of (a) the outstanding principal of the warrants being
refunded, (b) the interest thereon accrued to the date of issuance of such refunding warrants,
(c) the interest to accrue on such outstanding warrants to their respective maturities or
to the earliest date on which they may, under their terms, be redeemed (whichever is earlier),
(d) any premium necessary to redeem or retire the outstanding warrants being...
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11-81-166
Section 11-81-166 Revenue bonds - Authority for issuance; authorization proceedings generally;
form, terms, denominations, etc.; execution and delivery generally; maturity and sale; payment
generally; trust indentures. (a) Any borrower may issue its revenue bonds for the purpose
of: (1) Financing the acquisition, improvement, enlargement, extension and repair, or any
of them, of a system or systems; (2) Refunding the principal of and the interest on any bonds
of such borrower theretofore issued under this article and then outstanding, whether or not
such principal and interest shall have matured at the time of such refunding; or (3) Financing
any such acquisition, improvement, enlargement, extension and repair, or any of them, and
refunding any such principal and interest. (b) Any bonds issued under this article shall be
made payable solely out of the revenues from the operation of a system or systems of the borrower
and may be made payable from any such revenues without regard to...
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16-13-70
Section 16-13-70 Issuance authorized; purposes; source of payment. (a) Any county board of
education and any city board of education may issue and sell interest-bearing tax anticipation
warrants for the purpose of paying the costs of erecting, acquiring, providing, constructing,
purchasing, altering, enlarging, improving, repairing and equipping school buildings, school
playgrounds and buildings for housing and repairing school buses, and for the purpose of purchasing
school buses, or for any one or more of such purposes. (b) Warrants issued under the provisions
of this article shall not be general obligations of the board of education issuing such warrants
but shall be payable, as to both principal and interest, solely out of one of the following:
(1) The proceeds of any ad valorem tax voted under the constitution for the purpose of paying
such warrants, or for school purposes generally, and paid, apportioned or allocated to or
for the benefit of the board of education issuing such...
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11-15-13
Section 11-15-13 Warrants - Disposition of proceeds from sale. The proceeds derived from the
sale of any warrants (other than refunding warrants) may be used only to pay the cost of acquiring,
constructing, improving, enlarging and equipping a project or any part thereof as may be specified
in the proceedings in which the warrants are authorized to be issued. Such cost shall be deemed
to include the following: the cost of any land forming a part of the project; the cost of
the labor, materials and supplies used in any such construction, improvement or enlargement,
including architect's and engineer's fees and the cost of preparing contract documents and
advertising for bids; the purchase price of and the cost of installing equipment for the project;
the cost of landscaping the lands forming a part of the project and of constructing and installing
roads, sidewalks, curbs, gutters, utilities and parking places in connection therewith; fees
and expenses in connection with the...
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