Code of Alabama

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9-6-9
Section 9-6-9 Bonds - Issuance; form, terms, denominations, etc.; sale; security for payment
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 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, and a facsimile of the signature
of the chairman of the board or other chief executive officer 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 such tenor and maturities,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/9-6-9.htm - 4K - Match Info - Similar pages

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

16-17-10
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

16-18A-5
Section 16-18A-5 Revenue bonds - Issuance; negotiable, forms, terms, etc.; refunding bonds;
security. The authority shall have power and is hereby authorized from time to time to provide
by resolution for the issuance of negotiable revenue bonds for the purpose of paying all or
any part of the cost as herein defined of any of its projects. Such bonds may also be issued
to pay off, refund or refinance any outstanding bonds or other obligation of any nature owed
by the authority, whether or not such revenue bonds or other obligations shall then be subject
to redemption, and the authority may provide for such arrangements as it may determine for
the payment and security of the revenue bonds being issued or for the payment and security
of the revenue bonds or other obligations to be paid off, refunded or refinanced. The principal,
premium, if any, and interest of such revenue bonds shall be payable solely from the revenues,
receipts and earnings to be received by the authority in...
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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

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...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-29-90.13.htm - 4K - Match Info - Similar pages

11-89A-9
Section 11-89A-9 Bonds of authority, generally. (a) Any authority shall have the power to issue,
sell, and deliver at any time and from time to time its bonds in such principal amount or
amounts as its board shall determine to be necessary to provide funds: (1) To finance the
costs of a facility or facilities; (2) To refund bonds theretofore issued or assumed by the
authority; (3) To provide funds to enable it to achieve any of its other corporate purposes;
or (4) To accomplish any one or more of the objectives referred to in subdivisions (1) through
(4). (b) Any such bonds may be executed and delivered by the authority at any time and from
time to time, may be in such form and denominations and of such tenor and maturities, may
be in registered or bearer form either as to principal or interest or both, may be payable
in such installments and at such time or times, not exceeding 45 years from the date thereof,
may be payable at such place or places whether within or without the State...
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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

11-54-179
Section 11-54-179 Bonds of authority generally. (a) Source of payment. All bonds issued by
an authority shall be payable solely out of the revenues and receipts derived from the leasing
or sale by the board of its projects or of any thereof as may be designated in the proceedings
of the board under which the bonds shall be authorized to be issued. (b) Pledge of revenues,
receipts and other security. The principal of and interest on any bonds issued by an authority
shall be secured by a pledge of the revenues and receipts out of which the same may be payable
and may be secured by a mortgage and deed of trust or trust indenture conveying as security
for such bonds all or any part of the property of the authority from which the revenues or
receipts so pledged may be derived. The resolution under which the bonds are authorized to
be issued and any such mortgage and deed of trust or trust indenture may contain any agreements
and provisions respecting the operation, maintenance and insurance...
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