45-41A-40.11
Section 45-41A-40.11 Refunding bonds. (a) Any bonds issued by the authority may from
time to time be refunded by the issuance, by sale, or exchange, of refunding bonds payable
from the same or different sources for the purpose of paying all or any part of the principal
of the bonds to be refunded, any redemption premium required to be paid as a condition to
the redemption prior to maturity of any such bonds that are to be so redeemed in connection
with such refunding, any accrued and unpaid interest on the bonds to be refunded, any interest
to accrue on each bond to be refunded to the date on which it is to be paid, whether at maturity
or by redemption prior to maturity, and the expenses incurred in connection with refunding;
provided, that unless duly called for redemption pursuant to provisions contained therein,
the holders of any such bonds then outstanding and proposed to be refunded shall not be compelled
without their consent to surrender their outstanding bonds for such...
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45-8A-111.11
Section 45-8A-111.11 Refunding bonds. (a) Any bonds issued by the authority may from
time to time be refunded by the issuance, by sale, or exchange, of refunding bonds payable
from the same or different sources for the purpose of paying all or any part of the principal
of the bonds to be refunded, any redemption premium required to be paid as a condition to
the redemption prior to maturity of any such bonds that are to be so redeemed in connection
with such refunding, any accrued and unpaid interest on the bonds to be refunded, any interest
to accrue on each bond to be refunded to the date on which it is to be paid, whether at maturity
or by redemption prior to maturity, and the expenses incurred in connection with refunding;
provided, that unless duly called for redemption pursuant to provisions contained therein,
the holders of any such bonds then outstanding and proposed to be refunded shall not be compelled
without their consent to surrender their outstanding bonds for such...
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45-8A-20.11
Section 45-8A-20.11 Refunding bonds. Any bonds issued by the authority may from time
to time be refunded by the issuance, by sale or exchange, of refunding bonds payable from
the same or different sources for the purpose of paying all or any part of the principal of
the bonds to be refunded, any redemption premium required to be paid as a condition to the
redemption prior to maturity of any such bonds that are to be so redeemed in connection with
such refunding, any accrued and unpaid interest on the bonds to be refunded, any interest
to accrue on each bond to be refunded to the date on which it is to be paid, whether at maturity
or by redemption prior to maturity, and the expenses incurred in connection with refunding;
provided, that unless duly called for redemption pursuant to provisions contained therein,
the holders of any such bonds then outstanding and proposed to be refunded shall not be compelled
without their consent to surrender their outstanding bonds for such refunding....
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11-62-8
Section 11-62-8 Bonds and notes generally - Form, terms, denominations, etc.; execution,
sale, delivery, redemption, etc.; security for payment of principal or interest; remedies
upon default; liability of municipalities, board, etc., thereupon. (a) Any authority shall
have power to issue from time to time its bonds and notes in such principal amount as its
board shall determine to be necessary to provide sufficient funds for achieving any of its
corporate purposes, including the payment of interest on any of its notes and bonds, the establishment
of reserves to secure any such notes and bonds and all other expenditures of such authority
incident to and necessary or convenient to carry out its corporate purposes and powers. Any
authority shall also have the power to issue from time to time notes to renew notes and bonds
to pay notes, including interest thereon and, whenever it deems refunding expedient, to refund
any bonds by the issuance of new bonds, whether the bonds to be refunded...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-62-8.htm - 12K - Match Info - Similar pages

16-16B-8
Section 16-16B-8 (Implementation Conditioned on Separate Legislative Enactment.) Refunding
bonds. For the purpose of refunding any Bonds or Refunding Bonds of the Authority issued under
the provisions of this chapter, the 1965 Act, the 1971 Acts, the 1973 Act, the 1978 Act, the
1985 Act, the 1990 Act, the 1995 Act, the 1998 Act, the 1999 Act, the 2001 Act, the 2002 Act,
the 2003 Act, the 2007 Act or any other act previously enacted, or any combination thereof,
whether such refunding shall occur before, at or after the maturity of the Bonds refunded
and for the purpose of paying all premiums and expenses of such refunding (including, but
not limited to, attorneys' fees, costs of printing the Refunding Bonds, fiscal agents' fees,
and accountants' fees), the Authority is hereby authorized to sell and issue its Refunding
Bonds. Such Refunding Bonds may be sold and issued from time to time, at public sale, on sealed
bids and on such other terms and conditions as the Authority shall...
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16-65-9
Section 16-65-9 Refunding bonds. Any bonds issued by the authority may from time to
time be refunded by the issuance, by sale or exchange, of refunding bonds or obligations payable
from the same or different sources for the purpose of paying all or any part of the principal
of the bonds to be refunded, any redemption premium required to be paid as a condition to
the redemption prior to maturity of any such bonds that are to be so redeemed in connection
with such refunding, any accrued and unpaid interest on the bonds to be refunded, any interest
to accrue on each revenue bond to be refunded to the date on which it is to be paid, whether
at maturity or by redemption prior to maturity, and the expenses incurred in connection with
the refunding; provided, that unless duly called for redemption pursuant to provisions contained
therein, the holders of any such bonds then outstanding and proposed to be refunded shall
not be compelled without their consent to surrender their outstanding bonds...
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24-1A-8
Section 24-1A-8 Refunding bonds. (a) Any bonds issued by the authority may from time
to time be refunded by the issuance, by sale or exchange, of refunding bonds payable from
the same or different sources for the purpose of paying: (1) All or any part of the principal
of the bonds to be refunded; (2) Any redemption premium required to be paid as a condition
to the redemption prior to maturity of any such bonds that are to be so redeemed in connection
with such refunding; (3) Any accrued and unpaid interest on the bonds to be refunded; (4)
Any interest to accrue on each bond to be refunded to the date on which it is to be paid,
whether at maturity or by redemption prior to maturity; and (5) The expenses incurred in connection
with the refunding; provided, however, that unless duly called for redemption pursuant to
provisions contained therein, the holders of any such bonds then outstanding and proposed
to be refunded shall not be compelled without their consent to surrender their...
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11-49B-9
Section 11-49B-9 Bonds of authority. All bonds issued by the authority shall be signed
by the chair of its board or other chief executive officer and attested by its secretary,
and the seal of the authority shall be affixed to the bond, and any interest coupons applicable
to the bonds of the authority shall be signed by the chair of its board or other chief executive
officer. A facsimile of the signature of one, but not both, of the officers may be printed
or otherwise reproduced on any of the bonds in lieu of his or her manually signing the bonds,
a facsimile of the seal of the authority may be printed or otherwise reproduced on any of
the bonds in lieu of being manually affixed to the bonds, and a facsimile of the signature
of the chair of its board or other chief executive officer may be printed or otherwise reproduced
on any interest coupons in lieu of his or her manually signing the bonds. Bonds may be executed
and delivered by the authority and from time to time, shall be in such...
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41-10-756
Section 41-10-756 Refunding bonds. (a) Any bonds issued by the authority may from time
to time be refunded by the issuance, sale, or exchange of refunding bonds for the purpose
of paying the following items: (1) All or any part of the principal of the bonds to be refunded.
(2) Any redemption premium required to be paid as a condition to the redemption prior to maturity
of any such bonds that are to be so redeemed in connection with such refunding. (3) Any accrued
and unpaid interest on the bonds to be refunded. (4) Any interest to accrue on each bond to
be refunded to the date on which it is to be paid, whether at maturity or by redemption prior
to maturity. (5) The expenses incurred in connection with the refunding. (b) Refunding bonds
of the authority may be sold, in the discretion of the authority, either (1) at public sale
or sales, based on sealed bids received either electronically or on paper, after advertisement
as may be prescribed by the authority, to the bidder whose bid...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-756.htm - 2K - Match Info - Similar pages

41-10-142
Section 41-10-142 Bonds - Issuance; form, terms, denominations, etc.; sale; refunding
bonds; negotiable; security for payment. All bonds issued by an authority may be executed
by such officers of the authority and in such manner as shall be provided in the proceedings
of the board whereunder the bonds shall be authorized to be issued. Any such bonds may be
executed and delivered by an 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 not
inconsistent with the provisions of this article and shall bear such rate or rates of interest,
payable and evidenced in such manner as may be provided by resolution of its board. Bonds
of an authority may be sold at either public or private sale in such manner and at such price
or prices and at such time or times as may be determined by the board to be most advantageous.
The principal of or interest on any bonds issued or obligations assumed by an...
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