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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11-9-22
Section 11-9-22 Authority for issuance; form, terms, denominations, etc.; sale and disposition
of proceeds; pledge for payment of principal and interest generally. Each county shall have
the power from time to time to sell and issue interest-bearing warrants of such county for
the purpose of paying costs to that county of acquiring and providing one or more waterworks
systems for the purpose of rendering water service in any part of the county; provided, that
the county shall not render water service within any municipality except pursuant to franchise
granted to the county by such municipality. Any warrants issued under the provisions of this
article may be in such denomination or denominations, may have such maturity or maturities
not exceeding 30 years from their date, may bear interest from their date at such rate or
rates payable at such times, may be payable at such place or places within or without the
state, may be sold at such time or times and in such manner, whether publicly...
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11-15-9
Section 11-15-9 Warrants - Authority for issuance; form, terms, denominations, redemption,
etc.; sale. The corporation is authorized to issue its interest-bearing revenue warrants for
the purpose of acquiring, constructing, improving, enlarging, completing and equipping one
or more projects. All warrants issued by the corporation shall be limited obligations of the
corporation, the principal of and interest on which shall be payable solely out of the revenues
derived from the projects with respect to which they are issued. None of the warrants of the
corporation shall ever constitute an obligation or debt of the state or of the county or a
charge against the credit or taxing powers of the state or the county. Warrants 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
30 years from their date, may be payable at such place or places...
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9-9-40
Section 9-9-40 Bonds - Remedies and proceedings upon default. (a) If any installment
of principal and interest evidenced by any bonds issued under the provisions of this article
shall not be paid at the time and in the manner when the same shall become due and payable,
the same shall bear interest at the rate of eight percent per annum until paid, and if such
default shall continue for a period of 60 days, the holder or holders of such bond or bonds
upon which default has been made may have a right of action against said water management
district wherein the court may issue a writ of mandamus against the officers of said district,
including the tax collector, directing the levying of a sufficient tax as provided in this
article and the collection of same in such sum as may be necessary to meet any unpaid installments
of principal and interest and costs of suit and such other remedies are hereby vested in the
holder or holders of such bond or bonds in default as may be authorized by...
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16-13-211
Section 16-13-211 Borrowing money in anticipation of warrants authorized; issuance of
notes. Any board of education may borrow money in anticipation of the issuance of warrants
for use for any of the purposes described in Section 16-13-70(a) or Section
16-13-90 and, in evidence of such borrowing, issue from time to time notes maturing not later
than 18 months from the date of issuance and bearing such rate or rates of interest as the
board of education issuing such notes may provide in the proceedings wherein the notes are
authorized to be issued. (Acts 1979, No. 79-823, p. 1538, §2; Acts 1981, 2nd Ex. Sess., No.
81-1050, p. 295, §1; Acts 1982, No. 82-577, p. 1075, §1.)...
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11-54-89
Section 11-54-89 Bonds - Form, terms, denominations, etc.; execution, sale, delivery,
redemption, etc.; refunding of bonds. All bonds issued by the industrial development board
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 of directors under which the bonds shall be authorized to be issued. Such bonds
may be executed and delivered by the board 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 40 years from the date thereof, may be payable at such place
or places whether within or without the State of Alabama, may bear interest at such rate or
rates payable at such time or times and at such place or places and evidenced in such manner,...

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11-20-38
Section 11-20-38 Bonds - Form, terms, denominations, etc.; execution, sale, delivery,
redemption, etc.; refunding of bonds. All bonds issued by the corporation shall be payable
solely out of the revenues and receipts derived from the leasing or sale by the corporation
of its projects or of any thereof as may be designated in the proceedings of the board of
directors under which the bonds shall be authorized to be issued. Such bonds may be executed
and delivered by the corporation 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 at such time or times, not exceeding 40
years from the date thereof, may be payable at such place or places whether within or without
the State of Alabama, may bear interest at such rate or rates payable at such time or times
and at such place or places and evidence in such manner, may be executed by such...
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11-9-2
Section 11-9-2 Authority for issuance; form, terms, denominations, etc.; sale and disposition
of proceeds; pledge for payment of principal and interest generally. Each county which is
now levying or may hereafter levy a special sanitary tax shall have the power from time to
time to sell and issue, in addition to all other securities which it may now or hereafter
be authorized to issue, interest-bearing warrants or certificates of indebtedness of such
county for the purpose of paying the costs of acquiring, providing, constructing, enlarging
or extending a sanitary sewer system or systems or any part or parts thereof, including sanitary
sewers, outfall lines, a sewage disposal plant or plants and appurtenances to any thereof;
provided, that the maximum principal amount of warrants and certificates of indebtedness that
may be issued under the provisions of this article shall not exceed $1,500,000.00. Any such
warrants or certificates of indebtedness may be in such denomination or...
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22-27-22
Section 22-27-22 Authority of counties to issue and sell warrants; full faith and credit
of county pledged to payment; restrictions on use of proceeds. Each county shall have the
power from time to time to sell and issue interest-bearing warrants of such county for the
purpose of paying costs to that county of acquiring and providing solid wastes collection
and disposal facilities. Such warrants may be in such denomination or denominations, may have
such maturity or maturities not exceeding 30 years from their date, may bear interest from
their date at such rate or rates payable at such times, may be payable at such place or places
within or without the state, may be sold at such time or times and in such manner, whether
publicly or privately, may be executed in such manner and may contain such terms not in conflict
with the provisions of this article, all as the county commission of such county may provide
in the proceedings wherein the warrants are authorized to be issued. All such...
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