Code of Alabama

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41-10-93
Section 41-10-93 Authority for issuance of bonds by corporation; liability upon bonds;
form, terms, denominations, etc.; redemption; sale; payment of expenses in connection with
authorization, sale and issuance; bonds to contain recital as to authority for issuance; bonds
to be deemed negotiable instruments. The corporation is authorized at any time and from time
to time to issue its interest-bearing revenue bonds for the purpose of acquiring, constructing,
improving, enlarging, completing and equipping one or more projects. The principal of and
interest on any such bonds shall be payable solely out of the rent, revenues and income derived
from the project with respect to which such bonds are issued. None of the bonds of the corporation
shall ever constitute an obligation or debt of the state, the county or the municipality or
a charge against the credit or taxing power of the state, the county or municipality. The
bonds of the corporation may be in such form and denomination, may be...
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11-57-11
Section 11-57-11 Bonds - Authority for issuance; security for payment of principal and
interest generally; form, terms, denominations, etc.; sale, redemption, etc. The authority
is empowered at any time and from time to time to sell and issue its revenue bonds for the
purpose of providing funds to acquire, construct, improve, enlarge, complete and equip one
or more projects and for payment of obligations incurred for any such purpose. The principal
of and interest on any such bonds shall be payable solely out of the revenues derived from
the project with respect to which such bonds were issued. Any bonds of the authority may be
delivered by it at any time and from time to time, shall be in such form and denominations
and of such tenor and maturities, shall bear such rate or rates of interest, payable and evidenced
in such manner, may contain provisions for redemption prior to maturity and may contain other
provisions not inconsistent with this chapter as may be provided by the...
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4-3-51
Section 4-3-51 Bonds - Issuance and sale generally; payment of principal and interest
generally; form, denominations, terms, etc. The authority shall have the power and is hereby
authorized at any time and from time to time to issue and sell its interest-bearing revenue
bonds for any of its corporate purposes. The principal of and the interest on all such bonds
shall be payable solely from, and may be secured by a pledge of, the revenues derived by the
authority from the operation of any or all of its airports, heliports, facilities and other
property. None of the bonds issued or contracts entered into by the authority shall ever constitute
or create an obligation or debt of the state or of any county or municipality within the state,
or a charge against the credit or taxing powers of the state or of any county or municipality
within the state. Bonds of the authority may be issued at any time and from time to time,
may be in such form and denominations, may be of such tenor, may be...
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45-29-90.13
Section 45-29-90.13 Execution of bonds; pledge of revenues, receipts, and other security.
All bonds issued by the authority shall be signed by the chair 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 chair;
provided, that a facsimile of the signature of one, but not both, of the officers may be printed
or otherwise reproduced on any such bonds in lieu of his or her 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 chair
of its board of directors may be printed or otherwise reproduced on any such interest coupons
in lieu of his or her 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...
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11-50-405
Section 11-50-405 Bonds - Authorization for issuance; form, terms, denominations, etc.;
execution and delivery; sale; refunding and exchange; issuance of interim receipts or temporary
bonds. The bonds of a district incorporated under this article shall be authorized by resolution
of the board of directors of the district and may be issued in one or more series, may bear
such date or dates, mature at such time or times, bear interest at such rate or rates, be
in such denominations, be in such form, either coupon or registered or both, be executed in
such manner, be payable in such medium of payment, at such place or places, be nonredeemable
or subject to such terms of redemption, with or without premium and be subject to being declared
or becoming due before the maturity date thereof as such resolution or resolutions may provide.
Said bonds may be issued for money or property, either at public or private sale and for such
price or prices as the board of directors shall determine. Such...
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11-92B-12
Section 11-92B-12 Bonds of the authority. (a) Bonds of an authority shall be signed
by the chair or vice chair and attested to by the secretary or assistant secretary. The seal
of an authority shall be affixed thereto. A facsimile of the signature of the officers may
be printed or otherwise reproduced on any such bonds in lieu of being manually subscribed
thereon, and a facsimile of the seal of an authority may be printed or otherwise produced
on any such bonds in lieu of being manually affixed thereto, provided that the bonds have
been manually authenticated by a transfer agent of the bonds issued. Delivery of the bonds
so executed shall be valid notwithstanding any subsequent changes in officers or in the seal
of an authority. (b) Bonds may be executed and delivered by an authority at any time. The
bonds shall be in such form and denominations and of such tenor and maturities, shall bear
such rate or rates of interest or no interest, shall be payable at such times, and shall be...

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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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11-56-10
Section 11-56-10 Bonds - Authority for issuance; security for payment of principal and
interest generally; form, terms, denominations, etc.; sale, redemption, etc. The corporation
is authorized at any time and from time to time to issue its interest-bearing revenue bonds
for the purpose of acquiring, constructing, improving, enlarging, completing and equipping
one or more projects. The principal of and the interest on any such bonds shall be payable
solely out of the revenues derived from the project with respect to which such bonds are issued.
None of the bonds of the corporation shall ever constitute an obligation or debt of the state,
the county or the municipality or a charge against the credit or taxing powers of the state,
the county or the municipality. Bonds of the corporation may be issued at any time and from
time to time, may be in such form and denominations, may be of such tenor, may be payable
in such installments and at such time or times, not exceeding 40 years from...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-56-10.htm - 2K - Match Info - Similar pages

22-3A-18
Section 22-3A-18 Investment of proceeds from bond sale; when authorized; application
of income. Prior to the completion of all public health facilities described in Section
22-3A-19, any portion of the principal proceeds derived from the sale of the bonds which the
board of directors may determine is not then needed for any of the purposes for which the
bonds are authorized to be issued shall, on order of the authority, be invested by the State
Treasurer in permitted investments which mature at such time or times as the authority shall
direct. At any time and from time to time on order of the authority, any such investments
may be sold or otherwise converted by the State Treasurer into cash. The income derived from
any such investments shall be applied first for the payment of the costs of providing the
public health facilities described in Section 22-3A-19 and, to the extent not needed
for such purpose, such income may be disbursed on order of the authority for any purpose for
which...
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41-4-16
Section 41-4-16 Consent of department prerequisite to issuance of securities by state
commissions, authorities, etc.; exceptions. No bonds or other evidences of indebtedness of
any commission or authority created to construct or reconstruct highway bridges, approaches
and appurtenances thereto, any state rural electrification authority, any electric membership
corporation, any power district, or any improvement authority shall be issued or sold until
the consent to the issuance and sale thereof shall have been given by the Department of Finance,
to be evidenced by the written approval of the Director of Finance. Such consent shall be
granted only after a public hearing and after a petition requesting such consent has been
duly filed by the corporation, authority, district, commission, or other body seeking such
consent with the department more than five days before the public hearing. The petition shall
specify the plan or program of the body seeking the consent and the uses to which...
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