45-27A-31.17
Section 45-27A-31.17 Freedom of authority from state supervision and control. This part
is intended to aid the state through the furtherance of the purposes of the part by providing
an appropriate and independent instrumentality of the state with full and adequate powers
to fulfill its functions. Except as expressly provided in this part, no proceeding, notice,
or approval shall be required for the incorporation of the authority or the amendment of its
certificate of incorporation, the issuance of any bonds, the execution of any mortgage and
deed of trust or trust indenture, or the exercise of any other of its powers by the authority.
Neither a public hearing nor the consent of the State Department of Finance shall be prerequisite
to the issuance of bonds by the authority. (Act 82-740, p. 196, §18.)...
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45-35A-52.17
Section 45-35A-52.17 Freedom of authority from state supervision and control. (a) This
part is intended to aid the state through the furtherance of the purposes of this part by
providing an appropriate and independent instrumentality of the state with full and adequate
powers to fulfill its functions. Except as expressly provided in this part, no proceeding,
notice, or approval shall be required for the incorporation of the authority or the amendment
of its certificate of incorporation, the issuance of any bonds, the execution of any mortgage
and deed of trust or trust indenture, or the exercise of any other of its powers by the authority.
Neither a public hearing nor the consent of the State Department of Finance shall be prerequisite
to the issuance of bonds by the authority. (b) The authority shall hold a public hearing before
approving or obligating the expenditure of any tax revenues received by the authority from
the city, any county, the state, or federal governments. Such...
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45-41A-10.17
Section 45-41A-10.17 Freedom of the authority from state supervision and control. This
part is intended to aid the state through the furtherance of the purposes of the part by providing
an appropriate and independent instrumentality of the state with full and adequate powers
to fulfill its functions. Except as expressly provided in this part, no proceeding, notice,
or approval shall be required for the incorporation of the authority or the amendment of its
certification of incorporation, the issuance of any bonds, the execution of any mortgage and
deed of trust or trust indenture, or the exercise of any other of its powers by the authority.
Neither a public hearing nor the consent of the State Department of Finance shall be prerequisite
to the issuance of bonds by the authority. The authority shall hold a public hearing before
approving or obligating the expenditure of any tax revenues received by the authority from
the city, any county, the state, or federal governments. Such notice...
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45-41A-40.17
Section 45-41A-40.17 Freedom of the authority from state supervision and control. This
part is intended to aid the state through the furtherance of the purposes of this part by
providing an appropriate and independent instrumentality of the state with full and adequate
powers to fulfill its functions. Except as expressly provided in this part, no proceeding,
notice, or approval shall be required for the incorporation of the authority or the amendment
of its certificate of incorporation, the issuance of any bonds, the execution of any mortgage
and deed of trust or trust indenture, or the exercise of any other of its powers by the authority.
Neither a public hearing nor the consent of the State Department of Finance shall be a prerequisite
to the issuance of bonds by the authority. The authority shall hold a public hearing before
approving or obligating the expenditure of any tax revenues received by the authority from
the city, any county, the state, or federal governments. Such notice...
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45-8A-111.17
Section 45-8A-111.17 Freedom of authority from state supervision and control. This part
is intended to aid the state through the furtherance of the purposes of the part by providing
an appropriate and independent instrumentality of the state with full and adequate powers
to fulfill its functions. Except as expressly provided in this part, no proceeding, notice,
or approval shall be required for the incorporation of the authority or the amendment of its
certificate of incorporation, the issuance of any bonds, the execution of any mortgage and
deed of trust or trust indenture, or the exercise of any other of its powers by the authority.
Neither a public hearing nor the consent of the State Department of Finance shall be a prerequisite
to the issuance of bonds by the authority. The authority shall hold a public hearing before
approving or obligating the expenditure of any tax revenues received by the authority from
the city, any county, the state, or federal governments. Such notice shall...
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45-8A-20.17
Section 45-8A-20.17 Freedom of authority from state supervision and control. This part
is intended to aid the state through the furtherance of the purposes of the part by providing
an appropriate and independent instrumentality of the state with full and adequate powers
to fulfill its functions. Except as expressly provided in this part, no proceeding, notice,
or approval shall be required for the incorporation of the authority or the amendment of its
certificate of incorporation, the issuance of any bonds, the execution of any mortgage, and
deed of trust or trust indenture, or the exercise of any other of its powers by the authority.
Neither a public hearing nor the consent of the State Department of Finance shall be a prerequisite
to the issuance of bonds by the authority. The authority shall hold a public hearing before
approving or obligating the expenditure of any tax revenues received by the authority from
the city, any county, the state, or federal governments. Such notice shall...
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9-14A-20
Section 9-14A-20 Bonds - Proceeds - Appropriations. The proceeds from the bonds issued
by the Alabama Public Historical Sites and Parks Improvement Corporation and interest income
thereon shall be appropriated as follows: (a) Three million dollars ($3,000,000) of the proceeds
and interest thereon shall be used for the acquisition, improvement, renovation, equipping
and maintenance of state-owned public historical sites and public historical parks not under
the jurisdiction of the Department of Conservation and Natural Resources. (b) Three million
dollars ($3,000,000) for the acquisition, improvement, renovation, equipping, and maintenance
of publicly-owned historical sites, public parks, and public historical parks not under the
jurisdiction of the Department of Conservation and Natural Resources, provided that the corporation
may provide up to one third of this amount for the acquisition, improvement, renovation, equipping,
and maintenance of publicly-owned historical sites and...
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11-99A-20
Section 11-99A-20 Exemption from taxation. (a) Each district, and the bonds and interest
and income on the bonds of the district, shall be exempt from all taxation by the state or
any other public person and all of its property, purchases, sales, and usage, and the recordation
of its mortgages, indentures, deeds, or other instruments to which the district is a party
or which reflect the securing of any bonds of the district shall be exempt from all taxation
and recording fees. The income of a district shall be exempt from all taxation. (b) The purchase,
acquisition, and installation of materials for improvements by a district shall be exempt
from all sales and use taxes, gross receipts taxes in the nature of a sales or use tax, or
taxes measured by the amount of the purchase, whether levied on the vendor, contractor, subcontractor,
or the district. The Department of Revenue shall issue regulations to provide a simple procedure
to allow contractors and subcontractors to make purchases...
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22-3A-15
Section 22-3A-15 Disposition of proceeds of bonds; Public Health Facilities Building
Fund; powers of authority; improvement and construction defined; supervision; bidding. (a)
The proceeds of the bonds, other than refunding bonds, remaining after paying the expenses
of their sale and issuance shall be turned in to the State Treasury and all income derived
from the investment of said proceeds (including income from the investment of proceeds held
in the Debt Service Reserve Fund to the extent provided in the resolution, trust indenture
or other documents pursuant to which the bonds shall be issued) shall be carried in a special
fund to be designated the Public Health Facilities Building Fund, and shall be subject to
be drawn on by the authority for the purpose of paying the costs of acquiring, constructing,
improving and equipping such public health facilities in the state as shall be determined
by the authority. Subject to the provisions of Section 22-3A-19, the authority shall
have...
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41-10-28
Section 41-10-28 Execution of bonds and interest coupons; form, terms, denominations,
etc., of bonds; sale; refunding bonds; liability upon bonds; pledges of certain funds as security
for payment of principal and interest on bonds generally; bonds to be deemed negotiable instruments;
bonds and income therefrom exempt from taxation; use of bonds as security for deposits of
funds of state, etc.; investment of certain state funds and private trust funds in bonds;
public hearing or consent of Department of Finance, etc., not a prerequisite to issuance of
bonds. The bonds of the authority shall be signed by its president and attested by its secretary,
and the seal of the authority shall be affixed thereto, and any interest coupons applicable
to such bonds shall be signed by the president; 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 being manually subscribed thereon, a facsimile of the...
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