11-50A-22
Section 11-50A-22 Issuance of bond anticipation notes and notes. The authority shall have the
power and is authorized to issue, from time to time, bond anticipation notes in anticipation
of the issuance of bonds and to renew from time to time any bond anticipation notes by the
issuance of new bond anticipation notes, whether the bond anticipation notes to be renewed
have or have not matured. The authority may issue bond anticipation notes only to provide
funds which would otherwise be provided by the issuance of the bonds in anticipation of which
the bond anticipation notes are to be issued. The bond anticipation notes may be authorized,
sold, executed, and delivered in the same manner as bonds. Any resolution or resolutions authorizing
bond anticipation notes or any issue thereof may contain any provisions which the authority
is authorized to include in any bonds. All bond anticipation notes shall be special obligations
of the authority payable out of any revenues pledged to the...
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16-13-302
Section 16-13-302 Issuance authorized; purposes; refunding warrants; powers of the boards;
mandamus for payment. (a) In addition to all other notes, obligations, warrants, and other
forms or types of indebtedness which any board shall have the power to issue pursuant to laws
other than this article, each board shall have full and continuing power from time to time
to issue and sell warrants for educational and public school purposes, including, without
limitation, the following: (1) For the purpose of paying the costs of public school facilities.
(2) For the purpose of paying or refunding all or any portion (principal or interest or premium)
of any refundable debt then outstanding, whether such refunding shall occur before, at, or
after the maturity of the refundable debt to be refunded. (3) For the payment of extraordinary,
nonrecurring items that are not customarily payable from current revenues, including, without
limitation, casualty losses, legal judgments, and payments due upon...
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11-81-28
Section 11-81-28 Issuance, sale, etc., of negotiable notes in anticipation of sale of bonds.
Whenever bonds of any county or municipality shall have been authorized under this chapter
at any election or by the governing body thereof in cases where an election is not required,
such governing body may from time to time in anticipation of the sale of such bonds issue
negotiable notes of such county or municipality for the purpose for which such bonds shall
have been authorized and to an amount at any time outstanding not exceeding the maximum authorized
amount of such bonds. Such notes shall be general obligations of the issuing county or municipality,
shall be signed as the governing body may prescribe, shall be made payable as the governing
body may determine, not later than 12 months from their respective dates, and may be refunded
from time to time by the issue of new negotiable notes under this section; provided, that
no such refunding shall be effected which shall extend the final...
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22-34-9
Section 22-34-9 Certificates or notes in anticipation of bonds. In anticipation of the issuance
of bonds, the authority may borrow such sums as may be needed for any of the aforesaid purposes
and to obligate itself by certificate or promissory note, bearing interest at a rate or rates
to be specified by the authority, and maturing within 18 months from the date of such certificate
or promissory note. Such certificates or promissory notes shall be payable solely from the
proceeds of the bonds of the authority and from the funds from which such bonds are payable.
In the event that authority funds are not available for a loan for a project when application
is made, in order to accelerate the completion of any project, the public body may, with the
approval of the authority, obligate such public body to provide local funds to pay that portion
of the cost of the project which the authority will make available by loan, and the authority
shall refund the amount expended on its behalf by such...
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11-11A-1
Section 11-11A-1 Authorized; denominations, maturity, interest, price, etc.; anticipation of
longer-term warrants. Any county in the state of Alabama, in addition to all other powers
which it may now have, is hereby authorized and empowered from time to time to authorize,
issue and sell, for the purpose of financing the costs of erecting necessary public buildings,
bridges or roads in such county, interest-bearing tax-anticipation warrants payable (as to
both principal and interest) solely out of the special ad valorem tax authorized by § 215
of the Constitution of Alabama of 1901, as amended, to be levied for the erection of necessary
public buildings, bridges or roads, such warrants to be in such denomination or denominations,
to have such maturity or maturities [not exceeding 30 years from their date], to bear interest
at such rate or rates and payable at such time or times, to be made payable at such place
or places (whether within or without the state) and to be sold at such time...
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11-81-4
Section 11-81-4 Issuance of refunding interest-bearing certificates of indebtedness, warrants
or notes by municipalities; pledge of tax, revenues, etc., for payment of principal and interest
on same. The governing body of any municipality in this state is hereby authorized to issue,
without an election, refunding interest-bearing certificates of indebtedness or refunding
interest-bearing warrants or refunding interest-bearing notes maturing at such time or times
as the governing body may determine, not exceeding 30 years from their respective dates, for
the purpose of funding or refunding outstanding certificates of indebtedness or warrants or
notes of such municipality or any outstanding revenue bonds of such municipality issued under
the provisions of Article 5 of Chapter 81 of Title 11 as amended, or predecessor statute or
any combination thereof, whether the same are due at the time of such funding or refunding
or at a later date, in an aggregate principal amount not exceeding the...
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22-29-11
Section 22-29-11 Temporary financing. In anticipation of the issuance of bonds, the authority
may borrow such sums as may be needed, not exceeding $500,000.00 to be outstanding at any
one time, for any of the purposes enumerated in this chapter and to obligate itself by certificate
or promissory note, bearing interest at a rate or rates to be specified by the authority,
and maturing within 18 months from date. Such certificates or promissory notes shall be payable
solely from the proceeds of the bonds of the authority and from the funds from which such
bonds are payable. In the event that state funds are not available for a state grant for a
project when application is made, in order to accelerate the completion of any project, the
local public body may, with the approval of the authority, obligate such local public body
to provide local funds to pay that portion of the cost of the project which the state will
make available by grant, and the state shall refund the amount expended on...
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11-43C-73
Section 11-43C-73 Revenue notes. In any budget year, in anticipation of the collection of revenues,
the council may by resolution authorize the borrowing of money by the issuance of negotiable
notes of the city, each of which shall be designated "revenue note for the year _____
(stating the budget year)." Such notes may be renewed from time to time, but all such
notes, together with the renewals, shall mature and be paid not later than the end of the
fiscal year after the budget year in which the original notes have been issued. Such borrowing
shall be subject to any limitation provided by law. (Acts 1987, No. 87-102, p. 116, §73.)...

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11-44C-73
Section 11-44C-73 Revenue notes. In any budget year, in anticipation of the collection of revenues,
the council may by resolution authorize the borrowing of money by the issuance of negotiable
notes of the city, each of which shall be designated "revenue note for the year _____
(stating the budget year)." Such notes may be renewed from time to time, but all such
notes, together with the renewals, shall mature and be paid not later than the end of the
fiscal year after the budget year in which the original notes have been issued. Such borrowing
shall be subject to any limitation provided by law. (Acts 1985, No. 85-229, p. 96, §73.)...

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16-17A-10
Section 16-17A-10 Indebtedness. (a) An authority from time to time may borrow money or incur
indebtedness and issue bonds, notes, or other evidence of indebtedness in such principal amounts
as the board determines by resolution to be necessary, desirable, and in the best interests
of the authority in order to provide funds to carry out its corporate powers. Indebtedness
may be incurred for any lawful purpose of the authority, including, without limitation, any
of the following: (1) Indebtedness to finance the acquisition or construction of health care
facilities. (2) Indebtedness to provide working capital or funds for operating expenses. (3)
Indebtedness to refund, extend, refinance, or restructure any indebtedness of the authority
or any indebtedness assumed or guaranteed by the authority. (b) Indebtedness may be any of
the following or any combination thereof: (1) A general obligation of the authority to the
payment of which its full faith and credit is pledged. (2) Payable solely...
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