11-59-9
Section 11-59-9 Bonds - Form, terms, denominations, etc.; execution, sale, delivery, redemption,
etc.; refunding of bonds. All bonds issued by the corporation shall be revenue bonds and shall
be payable solely out of the revenues derived from the leasing or operation by the corporation
of its facilities or of any thereof as may be designated in the proceedings of the board of
directors under which they 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 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...
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16-13-120
Section 16-13-120 Authority to issue; interest rate; terms, use of proceeds, etc. In any county
in which a special license or privilege tax or excise tax may now or hereafter be levied,
or the proceeds of any ad valorem tax equivalent shall be apportioned, by local act of the
Legislature of Alabama, the county board of education of the county or the city board of education
of any city in the county, as the case may be, may sell and issue interest-bearing warrants,
the principal of and the interest on which shall be payable solely from that portion of the
proceeds from such tax or tax equivalent which may be apportioned and paid to such board of
education. Any such warrants may bear such rate or rates of interest not exceeding 12 percent
per annum, payable semiannually, may be in such denomination or denominations, may mature
over such period of time not exceeding 30 years after their date, may be sold at public or
private sale at such price or prices, may be made redeemable prior to...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-13-120.htm - 3K - Match Info - Similar pages

16-18B-7
Section 16-18B-7 Bonds - Issuance and sale. The bonds issued pursuant to this article shall
not be obligations of said corporation but shall be general obligations of the state with
the full faith and credit and taxing power of the state to be pledged to the prompt and faithful
payment of the principal thereof and the interest and redemption premium (if any) thereon.
The proceeds from the sale of the bonds shall be used exclusively for the purposes described
in the aforesaid constitutional amendment. The bonds may be sold and issued in one or more
series at any time and from time to time, may have such series designations, may be in such
forms, principal amounts, denominations and numbers, may be of such tenor and maturities,
may bear such date or dates, may be payable in such installments and at such time or times,
may be payable at such place or places within or without the state, may bear interest at such
rate or rates payable and evidenced in such manner, may contain provisions for...
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22-23A-7
Section 22-23A-7 Bonds - Authorization to issue and sell; security for payment. For the purpose
of providing funds for the authority to make loans to community water systems for a project
or projects, or to refinance debt of community water systems or for the payment of obligations
incurred or temporary loans made for any of said purposes, the authority is hereby authorized,
from time to time, to issue and sell its bonds or other evidences of indebtedness. Such bonds
may be issued in one or more series; shall be in such form and denominations and of such terms
and maturities, not exceeding 35 years from the date of issue of each series; shall bear such
rate or rates of interest, payable and evidenced in such manner; may contain such provisions
for registration or for redemption prior to maturity; and may contain such other provisions
not inconsistent herewith, all as may be provided by the authorizing resolution. As security
for the payment of the principal of and interest on its...
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22-29-8
Section 22-29-8 Bonds - Authorization to issue and sell; security for payment. For the purpose
of providing funds for the state to make grants to local public bodies for a project or projects
or for the payment of obligations incurred or a temporary loan made for any of said purposes,
the authority is hereby authorized, from time to time, to issue and sell its bonds, not exceeding
in the aggregate principal amount, however, $30,000,000.00. Such bonds may be issued in one
or more series, shall be in such form and denominations and of such tenor and maturities,
not exceeding 40 years from the date of issue of each series, shall bear such rate or rates
of interest, payable and evidenced in such manner, may contain such provisions for registration
or for redemption prior to maturity and may contain such other provisions not inconsistent
with this section as may be provided by the authorizing resolution. As security for the payment
of the principal of and interest on its bonds, the...
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22-34-7
Section 22-34-7 Authority authorized to issue bonds. For the purpose of providing funds for
the authority to make loans to public bodies for a project or projects, or for the payment
of obligations incurred or temporary loans made for any of said purposes, the authority is
hereby authorized, from time to time, to issue and sell its bonds or other evidences of indebtedness.
Such bonds may be issued in one or more series; shall be in such form and denominations and
of such terms and maturities, not exceeding 25 years from the date of issue of each series;
shall bear such rate or rates of interest, payable and evidenced in such manner; may contain
such provisions for registration or for redemption prior to maturity; and may contain such
other provisions not inconsistent herewith, all as may be provided by the authorizing resolution.
As security for the payment of the principal of and interest on its bonds, the authority is
authorized to pledge, transfer and assign any obligations of each...
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23-1-314
Section 23-1-314 Bonds and notes - Payment generally. (a) For the purpose of providing funds
to enable the authority to pay at their respective maturities and due dates the principal
of and interest on the obligations that may be issued by it under this article at any time
after March 1, 2014, there hereby is irrevocably pledged and appropriated so much as shall
be necessary for the purpose of the state's share of net gasoline tax proceeds. (b) In addition,
for the purpose of providing funds to enable the authority to pay at their respective maturities
and due dates the principal of and interest on the obligations that may be issued by it under
this article, there hereby is irrevocably pledged and appropriated each year all federal aid
funds for federal aid projects to be received by the State Department of Transportation from
the United States government to the extent that such funds may be required to pay the principal
of and interest on such obligations. All federal aid funds for...
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33-2-190
Section 33-2-190 Docks facilities revenue bonds and refunding bonds - Defeasance. Any docks
facilities revenue bond or refunding bond issued pursuant to the provisions of this article
shall no longer be deemed to be outstanding, shall no longer be secured by the docks facilities
revenues that may have been pledged therefor, shall no longer constitute a limited obligation
of the department, and shall be secured solely by and payable solely from moneys and government
securities deposited in trust with one or more trustees or escrow agents as provided herein,
whenever there shall be deposited in trust with one or more trustees or escrow agents, as
provided herein, either moneys or government securities the principal of and interest on which
when due will provide moneys which, together with the moneys, if any, deposited with one or
more trustees or escrow agents, at the same time, shall be sufficient to pay when due the
principal of, premium, if any, and interest due and to become due on...
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4-3-56
Section 4-3-56 Refunding bonds. The authority may at any time and from time to time issue refunding
bonds for the purpose of refunding or providing funds to pay the principal of and the interest
on any bonds of the authority theretofore issued under this article and then outstanding,
whether or not such principal or interest shall have matured at the time of such refunding,
and for the payment of any expenses incurred in connection with such refunding and any premium
necessary to be paid in order to redeem, retire or purchase for retirement the bonds to be
refunded. The proceeds derived from the sale of any refunding bonds shall be used only for
the purposes for which the refunding bonds were authorized to be issued. Any such refunding
may be effected either by sale of the refunding bonds and the application of the proceeds
thereof or by exchange of the refunding bonds for the bonds or interest coupons to be refunded
thereby; provided, that the holders of any bonds or coupons so to be...
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41-10-44.10
Section 41-10-44.10 Refunding obligations. Any project obligations issued by the authority
may from time to time be refunded by the issuance, by sale or exchange, of refunding bonds
or obligations payable from the same or different sources for the purpose of paying all or
any part of the principal of the project obligations to be refunded, any redemption premium
required to be paid as a condition to the redemption prior to maturity of any such project
obligations that are to be so redeemed in connection with such refunding, any accrued and
unpaid interest on the project obligations to be refunded, any interest to accrue on each
project obligation 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 project obligations then outstanding and proposed to be refunded...

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