11-88-8
Section 11-88-8 Bonds of authority - Form, terms, denominations, etc.; sale; execution
and delivery; refunding; liability thereon; security for payment of principal and interest
and payment thereof generally; provisions in mortgages, deeds of trust or trust indentures
executed as security for payment of bonds generally. 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...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-88-8.htm - 5K - Match Info - Similar pages

11-89-8
Section 11-89-8 Bonds of district - Form, terms, denominations, etc.; sale; execution
and delivery; refunding; liability thereon; security for payment of principal and interest
and payment thereof generally; provisions in mortgages, deeds of trust or trust indentures
executed as security for payment of bonds generally. All bonds issued by the district shall
be signed by the chairman of its board or other chief executive officer and attested by its
secretary and the seal of the district shall be affixed thereto, and any interest coupons
applicable to the bonds of the district 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 district may be printed or otherwise reproduced
on any such bonds in lieu of being manually affixed thereto and a facsimile of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-89-8.htm - 4K - Match Info - Similar pages

33-15-8
Section 33-15-8 Bonds and other obligations - Generally. All bonds issued by the authority
shall be signed by the chairman of its board of directors and attested by its secretary-treasurer,
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 its board of directors
may be printed or otherwise reproduced on any such interest coupons in lieu of his manually
signing the same. 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...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/33-15-8.htm - 4K - Match Info - Similar pages

37-7-13
Section 37-7-13 Bonds or obligations - Manner of sale or issuance. A corporation formed
under this chapter shall have power and is authorized, from time to time, to issue its obligation
in anticipation of its revenues for any corporate purpose. Said obligations may be authorized
by resolution or resolutions of the board and may bear such date or dates, mature at such
time or times, not exceeding 40 years from their respective dates, bear interest at such rate
or rates not exceeding six percent per annum, payable semiannually, be in such denominations,
be in such form, either coupon or registered, carry such registration privileges, be executed
in such manner, be payable in such medium of payment, at such place or places, and be subject
to such terms of redemption, not exceeding par and accrued interest, as such resolution or
resolutions may provide. Such obligations may be sold in such manner and upon such terms as
the board may determine at not less than par and accrued interest. Any...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/37-7-13.htm - 1K - Match Info - Similar pages

41-10-44.6
Section 41-10-44.6 Project obligations generally. (a) Issuance of project obligations.
The authority is authorized and empowered to issue its project obligations from time to time
for the purpose of financing one or more projects in such aggregate principal amount as the
board of directors shall determine to be necessary to provide for all or a portion of the
project costs of the project or projects being financed and to pay the expenses of issuing
the project obligations. (b) Source of payment. All project obligations issued by the authority
shall be limited obligations of the authority payable solely from any combination of the following:
(1) The revenues and receipts of the authority derived from the financing agreement or agreements
entered into by the authority with respect to the project or projects financed by such project
obligations; (2) the income or proceeds realized by the authority under any mortgage or other
security granted to the authority; (3) amounts derived from any...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-44.6.htm - 7K - Match Info - Similar pages

11-92A-23
Section 11-92A-23 Special reserve funds and applications for appropriations. (a) In
addition to all other powers at any time conferred upon an authority by law, an authority
may, in connection with the issuance of any bonds hereunder, create and establish one or more
special debt service reserve funds (a "debt service reserve fund"), and may pay
or cause to be paid into each debt service reserve fund (i) proceeds from bonds issued pursuant
hereto to the extent provided by the authority authorizing the issuance thereof; (ii) any
moneys appropriated and made available by the Legislature for the purpose of such fund; and
(iii) any other moneys that may be made available to the authority from any other source for
the purpose of such fund. All moneys held in a debt service reserve fund shall be used solely
for the payment of the principal of, premium, if any, and interest on bonds secured, in whole
or in part, by that fund when and as the same become due and payable as provided in the...

alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-92A-23.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

16-18-11
Section 16-18-11 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/1975/16-18-11.htm - 5K - Match Info - Similar pages

19-3-120
Section 19-3-120 Classes of authorized investments; repeal of conflicting statutes.
(a) Unless otherwise authorized or directed by the court having jurisdiction thereof, or by
the will, trust agreement or other document which is the source of authority, a trustee, executor,
administrator, guardian or one acting in any other fiduciary capacity, other than as a trustee
governed by the Alabama Uniform Trust Code, with the exercise of reasonable business prudence,
in addition to any other investments now permitted by law, may invest funds in securities
or investments which, at the time of the making or purchase thereof, are included in one or
more of the following classes: (1) Bonds or other interest-bearing obligations of the United
States of America, or payment of which the United States of America has guaranteed as to both
principal and interest. (2) Bonds issued by the Federal Land Bank, under the act of Congress
of the United States of America, designated as "the Federal Farm Loan...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/19-3-120.htm - 5K - Match Info - Similar pages

45-36-252.06
Section 45-36-252.06 Bonds of the authority; obligations. (a) In addition to all other
powers now or hereafter granted by law, the authority shall have the following powers, together
with all powers incidental thereto or necessary to the discharge thereof in corporate form:
(1) To sell and issue bonds of the authority in order to provide funds for any corporate function,
use, or purpose, any such bonds to be payable solely out of one or more of the following:
a. Any or all proceeds or receipts from the privilege, license, or excise tax levied on the
sale, distribution, storage, use, or consumption of tobacco and certain tobacco products in
Jackson County by Section 45-36-247. b. Any or all proceeds from any tax received by
the Jackson County Commission which are required by law to be deposited to the credit of the
Jackson County Water Authority. c. The revenues derived from any water, sewer, or garbage
system or facility of the authority. (2) To pledge for payment of any bonds issued...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-36-252.06.htm - 13K - Match Info - Similar pages