16-13-101
Section 16-13-101 Redemption of warrants prior to maturity. Any board of education issuing
warrants hereunder may, if such action shall be deemed advisable by the issuing board, retain
in the proceedings authorizing the issuance of such warrants an option to redeem prior to
maturity all or any part thereof, as may be specified in such proceedings, at such price or
prices and after such notice or notices and on such terms and conditions as may be set forth
in such proceedings and as may be briefly recited in the face of such warrants; provided,
that the redemption price for any warrant redeemed prior to maturity shall not exceed the
par value of that warrant plus accrued interest thereon to the date fixed for redemption and
plus a premium not exceeding 12 months' interest on such warrant computed at the rate it would
by its terms bear on the date fixed for redemption if it had not been called for redemption.
Notice of the call for redemption prior to maturity of any warrant issued...
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16-13-304
Section 16-13-304 Terms and conditions; sale; use of proceeds. (a)(1) Warrants issued
pursuant to this article may be in the denomination or denominations; shall have a maturity
or maturities not exceeding 30 years from their date; may bear interest from their date at
the rate or rates payable in the manner and at the times; may be payable at the place or places
within or without the State of Alabama; may be sold for such price and in the manner as provided
in this article; and may contain the terms not in conflict with the provisions of this article;
all as the board may provide in the proceedings pursuant to which the warrants are authorized
to be issued. (2)(i) The board may provide that the warrants shall bear interest at a rate
or rates fixed at the time of the issuance thereof. (ii) With the prior, specific approval
of the State Superintendent, given as provided in this article, the board may provide that
the warrants shall bear interest at rates which may be changed from time to...
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16-13-71
Section 16-13-71 Terms and conditions; sale; use of proceeds. (a) Warrants issued pursuant
to the provisions of this article may bear such rate or rates of interest, not exceeding 12
percent per annum, payable semiannually (provided that the first interest payment date may
be at any time not later than nine months after the date of such warrants), may be in such
denomination or denominations, may have such maturity or maturities not exceeding 30 years
from their date (provided that warrants payable, as to both principal and interest, out of
the proceeds of any privilege, license or excise tax or taxes, may have a maturity or maturities
not exceeding 40 years from their date), may be made redeemable prior to maturity at the option
of the issuing board of education at such redemption price or prices and on such terms and
conditions, may be payable at such place or places within or without this state, may be executed
in such manner and may contain such terms and details not in conflict...
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37-11A-1
Section 37-11A-1 Execution and text of compact. The Governor, on behalf of this state,
shall execute a compact, in substantially the following form, with the State of Mississippi,
and the Legislature approves and ratifies the compact in the form substantially as follows:
Northeast Mississippi - Northwest Alabama Railroad Authority Compact. The contracting states
solemnly agree: Article I. The purpose of this compact is to promote and develop trade, commerce,
industry, and employment opportunities for the public good and welfare in northeast Mississippi
and northwest Alabama through the establishment of a joint interstate authority to acquire
certain railroad properties and facilities which the operator thereof has notified the Interstate
Commerce Commission of an intention to abandon and which are located in any of Franklin, Marion,
or Winston Counties, Alabama or in Alcorn or Tishomingo Counties, Mississippi. Article II.
This compact shall become effective immediately as to the State...
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33-16-12
Section 33-16-12 Bonds - Generally. There are hereby authorized to be issued bonds of
the state in aggregate principal amount not exceeding $10,000,000.00. The bonds hereby authorized
shall be general obligations of the state, and the full faith and credit of the state are
hereby irrevocably pledged for the prompt and faithful payment of the principal of and the
interest on the bonds. The bonds may be sold from time to time as the board of directors may
deem advantageous; provided, that no bonds (other than refunding bonds) may be sold or issued
unless the Governor shall have first determined that the issuance of the bonds proposed to
be issued will be necessary to enable the authority to fulfill the requirements of local contribution,
participation and cooperation established by the United States in connection with the waterway
project. Except as hereinafter limited, the bonds may be executed and delivered at any time
and from time to time, may be in such forms, denominations, series...
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33-13-9
Section 33-13-9 Bonds - Generally. There are hereby authorized to be issued bonds of
the state in aggregate principal amount not exceeding $45,000,000.00 for the purpose of paying
costs of the development, construction, improvements, expansion and modernization (or any
of them) of the State Docks Department at the Port of Mobile. The bonds hereby authorized
shall be general obligations of the state, and the full faith, credit and taxing powers of
the state are hereby irrevocably pledged for the prompt and faithful payment of the principal
thereof and the interest thereon. The bonds may be sold from time to time as the board of
directors may deem advantageous; provided, that no bonds (other than refunding bonds) may
be sold or issued unless the Governor shall have first determined that the issuance of the
bonds proposed to be issued will be necessary to enable the authority to promote, develop,
construct, improve, expand and modernize the state docks facilities. Except as hereinafter...

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33-17-12
Section 33-17-12 Bonds - Generally. There are hereby authorized to be issued bonds of
the state in aggregate principal amount not exceeding $10,000,000.00. The bonds hereby authorized
shall be general obligations of the state, and the full faith and credit of the state are
hereby irrevocably pledged for the prompt and faithful payment of the principal of and the
interest on the bonds. The bonds may be sold from time to time as the board of directors may
deem advantageous; provided, that no bonds (other than refunding bonds) may be sold or issued
unless the Governor shall have first determined that the issuance of the bonds proposed to
be issued will be necessary to enable the authority to fulfill the requirements of local contribution,
participation and cooperation established by the United States in connection with the waterway
and the flood control project. Except as hereinafter limited, the bonds may be executed and
delivered at any time and from time to time, may be in such forms,...
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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...
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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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9-10-36
Section 9-10-36 Issuance of bonds; issuance of notes and renewal notes; redemption of
notes or bonds; liability on notes or bonds; disposition of proceeds from sale of bonds; issuance
of interim receipts, etc. (a) Any such corporation is hereby authorized to provide by resolution
for the issuance of bonds of the corporation for any of its corporate purposes, including
the refunding of its bonds. The principal of and the interest on any issue of such bonds shall
be payable solely from, and may be secured by a pledge of, tolls, rentals, sales receipts
and other revenues of all or any part of the project or projects financed in whole or in part
with the proceeds of such bond issue or with the proceeds of bonds refunded or to be refunded
by such issue. The proceeds of any such bonds may be used or pledged for the payment or security
of the principal or of the interest on bonds and for the establishment of any or all reserves
for such payment or security or for other corporate purposes as...
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