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...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-13-73.htm - 3K - Match Info - Similar pages

16-13-93
Section 16-13-93 Form. The following form of warrant shall be valid and sufficient for
warrants issued hereunder, but any other appropriate form may be used: "No. ___ $ ____
State of Alabama county (city) board of education of the County (City) of ____. County, (City,
District No. _____) capital outlay (refunding) school warrant. The county (city) board of
education of the County (City) of ____, Alabama, is indebted to bearer in the sum of ____
dollars and hereby directs the custodian (treasurer) of the public school funds of the county
(city) to pay to bearer the said sum on ____, 2__, with interest meanwhile at the rate of
____. percent per annum payable semiannually to the bearer of the respective coupons therefor
hereto attached, both principal and interest being payable at ____ from the proceeds of a
special tax of $.30 on each $100.00 of taxable property in the said county (in the said city,
in School District No. ____ of the said county) duly authorized to be levied and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-13-93.htm - 3K - Match Info - Similar pages

16-16B-3
Section 16-16B-3 (Implementation Conditioned on Separate Legislative Enactment.) Authorization
to issue additional bonds and purposes thereof. (a) The Authority is hereby authorized to
sell and issue its Bonds in the aggregate principal amount of up to $100,000,000 and to apply
the proceeds as provided in this chapter, to include the following purposes: Paying the costs
of acquisition and maintaining computer equipment, software, and digital textbooks for public
education purposes in the State. (b) The Bonds authorized by this chapter to be issued by
the Authority shall be in addition to all other bonds previously authorized to be issued by
it, and the powers conferred on the Authority by this chapter are in addition to all other
powers heretofore conferred on the Authority by acts heretofore enacted by the Legislature.
(Act 2012-560, p. 1645, §3.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-16B-3.htm - 1K - Match Info - Similar pages

16-65-3
Section 16-65-3 Definitions. The following terms shall have the following meanings,
respectively: (1) AUTHORITY. The Alabama Higher Education Equipment Loan Authority created
by this chapter and any successor or successors thereto. Any change in name or composition
of the authority shall in no way affect the vested rights of any person under the provisions
of this chapter. (2) BOARD OF DIRECTORS. The board of directors of the authority. (3) BONDS.
The bonds of the authority issued under the provisions of this chapter, including revenue
refunding bonds. (4) EDUCATIONAL INSTITUTION. Every public college, public university, public
graduate school, public professional school, public junior college, community college, public
business college, and any other public institution of higher learning that teaches a trade
or a profession, heretofore or hereafter established or acquired under statutory authorization
of the Legislature of Alabama and existing as a public institution of learning...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-65-3.htm - 2K - Match Info - Similar pages

22-3A-11
Section 22-3A-11 Sale of bonds. Bonds of the authority (including refunding bonds) may
be sold at such price(s) and at such time(s) as the directors may consider advantageous, either
at public sale through competitive bidding or by private sale through negotiation with the
prospective purchaser. The authority may fix the terms and conditions under which each sale
of bonds may be held. The authority may pay out of the proceeds from the sale of the bonds
all expenses, including, but not limited to, fees, premiums, discounts, insurance premiums
and commissions and letters of credit or other credit enhancement fees, as the directors may
deem necessary or advantageous. Neither a public hearing nor consent by the State Department
of Finance or any other department or agency shall be a prerequisite to the issuance of any
of the bonds. All bonds issued by the authority shall contain a recital that they are issued
pursuant to the provisions of this chapter, which recital shall be conclusive...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-3A-11.htm - 1K - Match Info - Similar pages

23-7-20
Section 23-7-20 Securing of bonds - Trust indenture. (a) Bonds may be secured by a trust
indenture between the bank and a corporate trustee, which may be the State Treasurer or any
bank having trust powers or any trust company doing business in this state. A trust indenture
may contain provisions for protecting and enforcing the rights and remedies of the bondholders
which are reasonable and proper, including covenants setting forth the duties of the bank
in relation to the exercise of its powers and the custody, safekeeping, and application of
its money. The bank may provide by the trust indenture for the payment of the proceeds of
the bonds and all or any part of the revenues of the bank to the trustee under the trust indenture
or to some other depository, and for the method of its disbursement with safeguards and restrictions
prescribed by it. All expenses incurred in performing the obligations of the bank under the
trust indenture may be treated as part of its operating expenses....
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/23-7-20.htm - 3K - Match Info - Similar pages

24-1-31
Section 24-1-31 Issuance of bonds by authority; types of and security for bonds generally;
liability on bonds. An authority shall have power to issue bonds, from time to time, in its
discretion, for any of its corporate purposes. An authority shall also have power to issue
or exchange refunding bonds for the purpose of paying, retiring, extending or renewing bonds
previously issued by it. An authority may issue such types of bonds as it may determine, including,
without limiting the generality of the foregoing, bonds on which the principal and interest
are payable from income and revenues of the authority and from grants or contributions from
the federal government or some other source. Such income and revenues securing the bonds may
be: (1) Exclusively the income and revenues of the housing project financed in whole or in
part with the proceeds of such bonds; (2) Exclusively the income and revenues of certain designated
housing projects, whether or not they are financed in whole or in...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/24-1-31.htm - 2K - Match Info - Similar pages

24-1-70
Section 24-1-70 Issuance of bonds by authority; types of and security for bonds generally;
liability on bonds. An authority shall have power to issue bonds from time to time, in its
discretion, for any of its corporate purposes. An authority shall also have power to issue
or exchange refunding bonds for the purpose of paying, retiring, extending, or renewing bonds
previously issued by it. An authority may issue such types of bonds as it may determine, including,
without limiting the generality of the foregoing, bonds on which the principal and interest
are payable from income and revenues of the authority and from grants or contributions from
the federal government or some other source. Such income and revenues securing the bonds may
be: (1) Exclusively the income and revenues of the housing project financed in whole or in
part with the proceeds of such bonds; (2) Exclusively the income and revenues of certain designated
housing projects, whether or not they are financed in whole or in...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/24-1-70.htm - 2K - Match Info - Similar pages

32-6-511
Section 32-6-511 Distribution of proceeds. The net proceeds of the additional revenues
derived from sales of the tags or plates, less administrative costs and the cost of production,
shall be distributed by the judge of probate or license commissioner to the state Comptroller
who shall distribute the proceeds as follows: (1) Five dollars ($5) of the balance collected
from the sale of each Freemason license tag or plate shall be remitted to the State Treasurer
for deposit into the Penny Trust Fund, and the remaining balance shall be transmitted to the
Freemasons, a portion of which may be distributed to the Alabama Masonic Home in Montgomery,
Alabama, as determined by the Grand Lodge. (2) Five dollars ($5) of the balance collected
from the sale of each Scottish Rite license tag or plate shall be remitted to the State Treasurer
for deposit into the Penny Trust Fund, and the remaining balance shall be transmitted to the
Scottish Rite for use by the Scottish Rite Foundation of Alabama,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/32-6-511.htm - 2K - Match Info - Similar pages

32-6-571
Section 32-6-571 Distribution of proceeds. (a) The net proceeds of the additional revenues
derived from sales of the distinctive plates, less administrative costs including the costs
of production incurred by the Revenue Department in producing the plates, shall be distributed
by each judge of probate or license commissioner to the state Comptroller. The first two thousand
dollars ($2,000) received by the state Comptroller shall be used to satisfy the appropriation
specified in Section 4 of Act 97-544 for the fiscal year ending September 30, 1998.
Thereafter, the state Comptroller shall distribute the proceeds monthly to the Alabama Sports
Festival, Inc. (b) For every license plate or tag purchased by a resident of a particular
county, one-half of the proceeds received by the Alabama Sports Festival, Inc., shall be given
to the Alabama Sports Festival, Inc., County Local Organizing Committee to be used for the
benefit of athletes residing in the county which participates in the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/32-6-571.htm - 1K - Match Info - Similar pages