16-13-90
Section 16-13-90 Purposes for which warrants issued. In any county in which a special
county tax shall have been voted under the constitution for such purpose or for school purposes
generally, and in any school district in which a special district tax shall have been voted
under the constitution for such purpose or for school purposes generally, the county board
of education or the city board of education, as the case may be, with the approval of the
State Superintendent of Education may issue and sell capital outlay warrants for the purposes
of erecting, purchasing, altering, enlarging, improving, repairing and equipping school buildings
and school playgrounds, and buildings for housing and repairing school buses, including sites
for any such buildings and playgrounds; and for the purpose of purchasing school buses; and
for the purpose of acquiring a school building already erected by another government body,
which building is being transferred to the use and jurisdiction of the board...
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23-6-8
Section 23-6-8 Bonds of corporation; annual appropriation from state Public Road and
Bridge Fund. (a) The bonds of the corporation shall be signed by its president and attested
by its secretary and the seal of the corporation shall be affixed thereto or a facsimile thereof
printed or otherwise reproduced thereon. The signatures of both the president and the secretary
on any bonds may be facsimile signatures if the board of directors, in its proceedings with
respect to issuance of the bonds, provides for manual authentication thereof, or manual execution
of certificates of registration thereon, by a trustee, registrar, or paying agent or by named
individuals who are employees of the state assigned to the Finance Department or the State
Treasurer's office. Any bonds of the corporation may be executed and delivered by it at any
time and shall be in the form and denominations and of the tenor and maturities, shall bear
the rate or rates of interest payable and evidenced in such manner, may...
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11-88-95
Section 11-88-95 Notice of and sale or exchange of bonds. All bonds issued under this
article, except bonds issued to the contractor and except funding and refunding bonds issued
by exchange as provided in this section, shall be sold to the highest bidder at public
sale; provided, that if at a duly advertised public sale in accordance with this section
no legal bid acceptable to the governing body shall be received, then such bonds may be sold
within 30 days thereafter at private sale to the United States of America or to the State
of Alabama. The public sale shall be either on sealed bids or at auction. The notice of a
public sale shall state whether the sale is to be on sealed bids or at auction and shall also
briefly recite the amount of the bonds to be sold, the maturities thereof, the amount payable
at each maturity, any redemption or prepayment privileges, the frequency with which interest
will be payable, either the rate or rates of interest which the bonds are to bear or that...

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11-92A-14
Section 11-92A-14 Bonds of authority. (a) Bonds of an authority shall be signed by its
chairman and attested by its secretary, the seal of the authority shall be affixed thereto,
and any interest coupons applicable to said bonds shall be signed by the chairman; provided
that a facsimile of the signature of said officers may be printed or otherwise reproduced
on any such bonds in lieu of being manually subscribed thereon, a facsimile of the seal of
the authority may be printed or otherwise produced on any such bonds in lieu of being manually
affixed thereto, and a facsimile of the chairman's signature may be printed or otherwise reproduced
on any such interest coupons in lieu of being manually subscribed thereon, provided that the
bonds have been manually authenticated by a transfer agent of the bond issue. Delivery of
the bonds so executed shall be valid notwithstanding any changes in officers or in the seal
of the authority after the signing and sealing of the bonds. (b) Any bonds may...
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16-13-73
Section 16-13-73 Approval of issue by State Superintendent of Education. Before issuing
any warrants hereunder, the board of education by which such warrants are proposed to be issued
shall cause an application for approval of such issue to be filed with the State Superintendent
of Education. Such application shall be in such form and shall contain such information as
the State Superintendent of Education may prescribe, and he may require such further information
as may be necessary relating to the proposed warrants or other financial or educational matters
under the control of such board of education. He shall not approve the issue of any warrants
hereunder which would jeopardize the state's Foundation Program of education as prescribed
by law and in accordance with the rules and regulations of the State Board of Education. He
shall not approve the issue of any warrants hereunder when the principal of or the interest
on any other warrants constituting a preferred claim against the tax...
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16-60-111.11
Section 16-60-111.11 Additional powers of board. (a) The board may exercise all of the
following powers: (1) To borrow money from the United States of America or any department
or agency thereof, or from any person, firm, corporation, or other lending agency for the
purchase, construction, enlargement, or alteration of any buildings or other improvements,
including dormitories, dining halls, classrooms, laboratories, libraries, stadiums, administration
buildings, and any other buildings and appurtenances thereto suitable for use by the institution
or institutions with respect to which the borrowing is made, or for the benefit of the Alabama
Community College System or one or more of its programs, the acquisition of furniture and
equipment for any thereof, the purchase of land, the beautification of grounds, and the construction
of swimming pools, tennis courts, athletic fields, and other facilities for physical education,
all for use by such institution or institutions, and for the...
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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...
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16-60-91
Section 16-60-91 Execution, form, terms, sale, etc., of bonds; use of proceeds; security;
bonds legal investments. The bonds of the authority shall be signed by its president and attested
by its secretary and the seal of the authority shall be affixed thereto, and any interest
coupons applicable to such bonds shall be signed by the president; 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 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 president's signature may be printed or otherwise reproduced
on any such interest coupons in lieu of his signing the same. Any bonds of the authority may
be executed and 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...
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45-39-245.48
Section 45-39-245.48 Effective date; reduction in rates of taxes; termination of levy
of taxes. (a) If the governing body of the county elects to levy or impose any of the taxes
herein authorized to be levied and imposed, it shall specify, as the effective date of such
levy, the first day of the second calendar month next following that during which such levy
is made; provided, that such governing body may not levy or impose any such taxes unless the
effective date of such levy is the same as the effective date of the levy, by the governing
body of Colbert County, of any of the taxes authorized to be levied and imposed pursuant to
Part 4, commencing with Section 45-17-243, of Article 24 of Chapter 17 of this title.
(b) The governing body of the county may, at any time and from time to time after the levy
of any of the taxes herein authorized, but subject to succeeding provisions of this section,
and subject to constitutional limitations on the impairment of contracts, (1) Reduce the...

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11-54-181
Section 11-54-181 Refunding bonds. Any bonds issued by an 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. Any...
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