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11-57-1
Section 11-57-1 Definitions. The following words and phrases, whenever used in this chapter,
shall have the following respective meanings, unless the context clearly indicates otherwise:
(1) AUTHORITY. A corporation organized pursuant to the provisions of this chapter. (2) BOARD.
The board of directors of the authority. (3) BOND. Any bond issued under the provisions of
this chapter, including refunding bonds. (4) COUNTY. That county in which the certificate
of incorporation of the authority shall be filed for record. (5) COUPON. Any interest coupon
evidencing an installment of interest payable with respect to a bond. (6) FISCAL YEAR. A fiscal
year of the municipality. (7) GOVERNING BODY. The council, board of commissioners, or other
like body in which the legislative functions of the municipality are vested by law. (8) INDENTURE.
A mortgage, an indenture of mortgage, deed of trust or trust indenture executed by the authority
as security for any bonds. (9) LEASE AGREEMENT. Any agreement...
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30-4-30
Section 30-4-30 Conveyance of real estate by husband when wife insane - Powers of husband;
exception as to homestead. When any married woman has been legally declared insane, or when
any married woman is confined in any Alabama state hospital for the insane and the superintendent
thereof shall have certified in writing to the probate judge of the county of the residence
of the husband that in his opinion such married woman is permanently insane and such certificate
has been recorded in the office of such probate judge, the husband may convey any or all of
his real estate, not including the homestead, by deed, mortgage or deed of trust as though
he were single. (Code 1907, §4495; Code 1923, §8270; Code 1940, T. 34, §81.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/30-4-30.htm - 1K - Match Info - Similar pages
35-4-62
Section 35-4-62 Locations for recording conveyances in real property, deeds, mortgages, etc.
(a) Conveyances of real property shall be recorded in the county in which the property is
situated. (b) A deed, mortgage, certificate of judgment, state or federal tax lien, lis pendens,
or financing statement filed pursuant to Article 9A (commencing with Section 7-9A-101) of
Title 7, conveying or affecting an interest in real property in counties divided into divisions,
in counties that maintain more than one courthouse, or in counties that maintain one or more
courthouse annexes, may be recorded in either division of the county, in any courthouse located
within the county, or in any courthouse annex located within the county when conveyances of
real property recorded within the county are electronically stored and indexed so that retrieval
of all recordings, after August 1, 2004, may be accomplished from any courthouse or courthouse
annex within the county. (Code 1852, §1273; Code 1867,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/35-4-62.htm - 1K - Match Info - Similar pages
41-9-432
Section 41-9-432 Powers generally. The commission shall be authorized: (1) To investigate and
select an available site for housing the exhibits, including the surrounding grounds, in cooperation
with the Department of the Army and the community, taking into consideration all pertinent
factors affecting the suitability of such site; (2) To acquire by rent or lease agreement
or otherwise the necessary housing facilities and to establish, improve and enlarge the available
facility, including providing it with necessary equipment, furnishings, landscaping and related
facilities, including parking areas and ramps, roadways, sewers, curbs and gutters; (3) To
enter into such contracts and cooperative agreements with the local, state and federal governments,
with agencies of such governments, including the Department of the Army and the National Aeronautics
and Space Administration, with private individuals, corporations, associations and other organizations
as the commission may deem...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-9-432.htm - 8K - Match Info - Similar pages
45-23A-91.17
Section 45-23A-91.17 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-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...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-8A-111.17.htm - 1K - Match Info - Similar pages
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...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-8A-20.17.htm - 1K - Match Info - Similar pages
11-50-192
Section 11-50-192 Agreements. The municipality making any such conveyance and the municipality
to which such conveyance is to be made are hereby authorized to enter into any agreements
which they may deem necessary or appropriate in order to effectuate such transfer and may
include in the instrument of transfer any conditions or stipulations deemed advisable by their
respective governing bodies and authorized by ordinance or resolution adopted by the governing
body of each such municipality. Nothing contained in this article shall be construed to authorize
any municipality to convey any system or systems or part thereof so as to vest title thereto
in private ownership and control; provided, that title to any system or systems or part thereof
may be subjected to a mortgage, deed of trust, or pledge agreement as security for repayment
of money borrowed by the municipality to which such conveyance is made. (Acts 1975, No. 831,
§3.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-50-192.htm - 1K - Match Info - Similar pages
11-95-8
Section 11-95-8 Bonds of corporation - From what source payable; pledge of revenues; execution;
form, interest rate, maturity, sale, and negotiability; nature of obligation and source of
payment; investment eligibility. (a) All bonds issued by a corporation shall be payable solely
from one or more of the following sources as may be designated in the proceedings of the board
under which such bonds shall be authorized to be issued: (1) Hospital taxes; and (2) Revenues
from any hospital facilities owned or operated by it. (b) The principal of and interest on
any bonds issued by a corporation shall be secured by a pledge of the designated revenues
and may be secured by a trust indenture evidencing such pledge or by a non-foreclosable mortgage
and deed of trust conveying as security for such bonds all or any part of the property of
the corporation from which any part of the designated revenues so pledged may be derived.
The resolution of the board under which the bonds are authorized to be...
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19-3D-18
Section 19-3D-18 THIS SECTION WAS ASSIGNED BY THE CODE COMMISSIONER IN THE 2018 REGULAR SESSION,
EFFECTIVE JANUARY 1, 2019. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. REMOVAL OR REPLACEMENT
OF AUTHORIZED FIDUCIARY. An authorized fiduciary may not exercise the decanting power to modify
a provision in a first-trust instrument granting another person power to remove or replace
the fiduciary unless: (1) the person holding the power consents to the modification in a signed
record and the modification applies only to the person; (2) the person holding the power and
the qualified beneficiaries of the second trust consent to the modification in a signed record
and the modification grants a substantially similar power to another person; or (3) the court
approves the modification and the modification grants a substantially similar power to another
person. (Act 2018-519, §18.)...
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