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14-2-16
Section 14-2-16 Bonds - Sale. Bonds of the authority may be sold at such price or prices
and at such time or times as the board of directors of the authority may consider advantageous,
either at public sale or private sale. Bonds of the authority sold by competitive bid must
be sold, whether on sealed bids or at public auction, to the bidder whose bid reflects the
lowest effective borrowing cost to the authority for the bonds being sold; provided, that
if no bid acceptable to the authority is received, it may reject all bids. Notice of each
such sale by competitive bids shall be given by publication in either a financial journal
or a financial newspaper published in the City of New York, New York, and also by publication
in a newspaper published in the State of Alabama, each of which notices must be published
at least one time not less than 10 days before the date for the sale. The board of directors
may fix the terms and conditions under which such sale may be held; provided, that...
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41-10-58
Section 41-10-58 Sale of bonds; public hearing or consent of Department of Finance,
etc., not a prerequisite to issuance of bonds. (a) Any of the bonds may be sold at any time
and from time to time as said board of directors may deem advantageous. The bonds must be
sold only at public sale, either on sealed bids or at public auction, to the bidder whose
bid reflects the lowest net interest cost to the authority for the bonds being sold, computed
from the date of those at the time being sold to their respective maturities; provided, that
if no bid acceptable to the authority is received, it may reject all bids. Notice of each
such sale must be given by publication in either a financial journal or a financial newspaper
published in the City of New York, New York, and also by publication in a newspaper published
in this state which is customarily published not less often than six days during each calendar
week, each of which notices must be published at least one time not less than 10...
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8-8-7
Section 8-8-7 Maximum rates of interest - Exemption of bonds, notes, etc., of state,
instrumentalities, localities, etc. Any bonds, notes, warrants, other evidences of indebtedness,
or securities issued by the State of Alabama or any department, agency, or instrumentality
thereof, by any not-for-profit public or private corporation at any time organized or created
pursuant to act of the Legislature or executive order of the Governor for the purpose of acting
as an instrumentality of the State of Alabama or otherwise acting in the public interest and
by any board of water and sewer commissioners created under the provisions of Article 10,
Chapter 50, Title 11, and authorized to issue bonds under Section 11-50-345 by any
municipality, by any county, by any public corporation heretofore or hereafter organized or
created in the State of Alabama pursuant to authorization, determination, finding, or other
action of any municipality or municipalities or county or counties or the governing...
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40-10-187
Section 40-10-187 Tax lien certificate. (a) The tax collecting official shall make,
execute, and deliver a tax lien certificate to each purchaser at a tax lien sale or auction
or to each assignee thereafter and shall collect from the purchaser or assignee a fee of five
dollars ($5) for each tax lien certificate. The tax lien certificate shall be in a form provided
by the Department of Revenue and shall also include a certificate of redemption form as provided
in Section 40-10-194. (b) A tax lien certificate shall evidence the auction or sale
or assignment to the holder of the tax lien certificate of the delinquent and unpaid taxes,
penalties, interest, fees, and costs set forth therein and represented by the tax lien. (c)
A tax lien certificate shall bear the interest rate per annum as bid on by the purchaser at
the tax lien auction or as agreed upon by the purchaser at the tax lien sale, until the tax
lien certificate is redeemed as provided pursuant to Section 40-10-193. (d) The tax...
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41-16A-3
Section 41-16A-3 Definitions. For the purposes of this chapter, the following terms
shall have the respective meanings provided by this section: (a) ALTERNATIVE FINANCING
CONTRACT. A lease, lease-purchase, lease with option to purchase, installment-sale agreement
or arrangement, or other similar agreement or arrangement. (b) GOVERNMENTAL ENTITY. The state;
any political subdivision of the state; any agency, board, commission, or department of the
state; any county; any municipal corporation; any county board of education; any city board
of education; any instrumentality of any of the foregoing; the State Board of Education, acting
for the respective educational institutions under its supervision; each public corporation
that conducts one or more state educational institutions under its supervision; and any public
corporation arising under or organized pursuant to any statute of the state. (c) GRANTOR PARTY.
The lessor under a lease or lease-purchase contract, grantor under an...
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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 ยง 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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16-6F-9
Section 16-6F-9 Legal status and powers of public charter schools; employees. (a) Legal
status of a public charter school. (1) Notwithstanding any provision of law to the contrary,
to the extent that any provision of this chapter is inconsistent with any other state or local
law, rule, or regulation, the provisions of this chapter shall govern and be controlling.
(2) A public charter school shall be subject to all federal laws and authorities enumerated
herein or arranged by charter contract with the school's authorizer, where such contracting
is consistent with applicable laws, rules, and regulations. (3) Except as provided in this
chapter, a public charter school shall not be subject to the state's education statutes or
any state or local rule, regulation, policy, or procedure relating to non-charter public schools
within an applicable local school system regardless of whether such rule, regulation, policy,
or procedure is established by the local school board, the State Board of...
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22-23A-8
Section 22-23A-8 Bonds - Procedure for sale. The bonds and other evidences of indebtedness
of the authority may be sold at such time or times as the board of directors may deem advantageous.
The bonds shall be sold by competitive sale unless because of market conditions and/or credit
structures such a sale would be disadvantageous to the state. In the event such a determination
is made by the board of directors, the bonds shall be sold through a negotiated sale and the
managing underwriter(s) shall be selected based on criteria, which shall include but not be
limited to, experience, ability, responsiveness, and fee structure. Said criteria shall be
established by the board of directors and shall be included in a request for proposals for
the managing underwriter(s). Bonds sold at public sale shall be awarded to the bidder whose
bid reflects the lowest true interest cost to the authority for the bonds being sold, computed
to their respective absolute maturities; provided, that if no bid...
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34-14A-15
Section 34-14A-15 Recovery fund. (a) The board may establish a Homeowners' Recovery
Fund for the purpose of consumer protection, consumer education, and consumer awareness. An
aggrieved homeowner may recover actual economic damages, not including interest and court
costs, sustained within the state as the direct result of conduct of a licensee in violation
of this chapter or the rules of the board from the Homeowners' Recovery Fund. Any payments
from the Homeowners' Recovery Fund shall be subject to the following limitations and conditions:
(1) The Homeowners' Recovery Fund shall make payments only to homeowners who file a complaint
with the board pursuant to the requirements of subsection (b) of Section 34-14A-8.
(2) The Homeowners' Recovery Fund shall not make payments based on consent judgments. (3)
Failure of the homeowner to follow any provisions of this chapter shall preclude payment from
the Homeowners' Recovery Fund. (b) The board, by rule, shall determine the maximum amount
of...
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40-10-121
Section 40-10-121 Manner of redemption of land sold to state. THIS SECTION WAS
AMENDED BY ACT 2018-494 IN THE 2018 REGULAR SESSION, EFFECTIVE JANUARY 1, 2020. TO SEE THE
AMENDED VERSION, SEE THE VERSION LABELED PENDING. (a) In order to obtain the redemption of
land from tax sales where the same has been heretofore or hereafter sold to the state, the
party desiring to make such redemption shall apply therefor as hereinafter provided and shall
deposit with the judge of probate of the county in which the land is situated the amount of
money for which the lands were sold, with interest thereon at the rate of 12 percent, together
with the amount of all taxes found to be due on such land since the date of sale, as provided
herein, with interest at the rate of 12 percent and all costs and fees due to officers. (b)
Upon application to the probate judge to redeem land where the same has been sold to the state
for taxes, which application shall be made on blank forms to be furnished by the Land...
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