Code of Alabama

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16-16-14.1
Section 16-16-14.1 Sale of bonds and other details of bonds. From and after August 14,
2009, bonds issued by the authority under subsection (b) of Section 3 of Act 98-373
may be sold by negotiated sale or by competitive bid at such price or prices and at such time
or times as the authority may consider advantageous. In addition, bonds hereafter issued by
the authority under subsection (b) of Section 3 of Act 98-373 may bear such maturities,
may be subject to redemption, or may not be subject to redemption, all on such terms as the
authority may consider advantageous. Notwithstanding any other provision of law, bonds, notes,
or other debt obligations issued under the provisions of the American Recovery and Reinvestment
Act of 2009 or other governmental program providing cost-savings or conditions acceptable
to the authority may be issued by the authority after review by the Alabama Public School
and College Education Incentive Fund Council created in Section 16-16-15. The council
shall...
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2-15-133
Section 2-15-133 Bonds or bond equivalents; financial statements and reports; liability
for payments. (a) No license as required under Section 2-15-132 shall be issued or
renewed until the applicant therefor shall make, execute, and thereafter maintain on file
with the commissioner a bond or a bond equivalent as provided in subsection (f) in favor of
the State of Alabama or a trustee to be approved by the commissioner to secure the performance
of obligations incurred in the State of Alabama and the payment thereof to persons from whom
such dealer purchases livestock. Except as otherwise provided in this subsection, the amount
of each bond shall be not less than the next multiple of two thousand dollars ($2,000) above
the average amount of purchases of livestock purchased either as a dealer or on an agency
basis in Alabama during a period equivalent to two business days based on the total number
of business days and the total amount of such transactions during the preceding 12 months
or...
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16-16-14.2
Section 16-16-14.2 Legislative intent. Act 2010-731 is adopted by the Legislature of
the State of Alabama to amend certain provisions of the Code of Alabama 1975 and certain prior
acts of the Legislature of Alabama and to make other provisions in a manner intended to permit
the Alabama Public School and College Authority (the authority) to issue bonds, notes, or
other debt obligations under the provisions of the American Recovery and Reinvestment Act
of 2009 or other governmental program providing cost-savings or conditions acceptable to the
authority. The issuance of such bonds, notes, or other debt obligations by the authority for
the benefit of local boards of education in the state will provide financing for such local
boards on favorable terms and will thereby serve an essential need of the citizens of the
state. Bonds of the authority in the form of bonds, notes, or other debt obligations under
the provisions of the American Recovery and Reinvestment Act of 2009 or other...
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22-23B-2
Section 22-23B-2 Definitions. The following words and phrases, whenever used in this
chapter, shall have the following respective meanings unless the context clearly indicates
otherwise: AUTHORITY. The corporation organized pursuant to the provisions of this chapter
as a public corporation, agency and instrumentality of the state and known as the "Alabama
Drinking Water Finance Authority." AUTHORIZING RESOLUTION. A resolution, order or other
proceedings adopted by the board of directors of the authority authorizing the issuance of
bonds, agreements and related matters. BOARD OF DIRECTORS. The board of directors of the authority.
BOND PROCEEDS. The net proceeds of sale of bonds or notes, and the income derived from the
investment of such proceeds. BONDS. The bonds, notes or obligations or other evidences of
indebtedness issued by the authority under the provisions of this chapter. DEPARTMENT. The
Alabama Department of Environmental Management or any successor. FEDERAL ACT. The Act of...

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41-29-501
Section 41-29-501 Definitions. (a) For the purposes of this article, the following words
and phrases shall have the following meanings: (1) AUTHORITY. The public corporation organized
pursuant to the provisions of Sections 41-10-20 through 41-10-32. (2) AUTHORIZED PURPOSE.
Any one or more of the purposes for which grants are herein authorized to be made as specified
in Section 41-29-503(a). (3) BOARD OF DIRECTORS. The board of directors of the authority.
(4) BOND. The bonds issued under the provisions of this article. (5) CAPITAL COSTS. All costs
and expenses incurred by one or more investing companies in connection with the acquisition,
construction, installation, and equipping of a qualifying project during the period commencing
with the date on which such acquisition, construction, installation, and equipping commences
and ending on the date on which the qualifying project is placed in service, including, without
limitation of all of the following: a. The costs of acquiring,...
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23-1-301
Section 23-1-301 Definitions. When used in this article, the following words and phrases
shall have the following respective meanings unless the context clearly indicates otherwise:
(1) AUTHORITY. The Alabama Federal Aid Highway Finance Authority, a public corporation and
instrumentality of the state authorized to be organized under the provisions of this article.
(2) BOARD OF DIRECTORS. The board of directors of the authority. (3) BONDS. The bonds, including
refunding bonds issued to refund outstanding obligations, that in this article are authorized
to be sold and issued by the authority. (4) CORPORATION. The authority. (5) HIGHWAY GASOLINE
TAX. The excise tax levied under subdivision (1) of subsection (a) of Section 40-17-325,
with the exception of those portions of the tax levied on aviation fuel and marine gasoline.
(6) LEGISLATURE. The Legislature of Alabama. (7) NET GASOLINE TAX PROCEEDS. The entire proceeds
from the highway gasoline tax less the cost of collection and less any...
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19-3-120
Section 19-3-120 Classes of authorized investments; repeal of conflicting statutes.
(a) Unless otherwise authorized or directed by the court having jurisdiction thereof, or by
the will, trust agreement or other document which is the source of authority, a trustee, executor,
administrator, guardian or one acting in any other fiduciary capacity, other than as a trustee
governed by the Alabama Uniform Trust Code, with the exercise of reasonable business prudence,
in addition to any other investments now permitted by law, may invest funds in securities
or investments which, at the time of the making or purchase thereof, are included in one or
more of the following classes: (1) Bonds or other interest-bearing obligations of the United
States of America, or payment of which the United States of America has guaranteed as to both
principal and interest. (2) Bonds issued by the Federal Land Bank, under the act of Congress
of the United States of America, designated as "the Federal Farm Loan...
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41-29-504
Section 41-29-504 Details respecting the bonds. 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 or a facsimile of such seal shall be printed or otherwise reproduced thereon;
provided, that: (a) a facsimile of the signature of one, but not both, of the officers may
be printed or otherwise reproduced on any such bonds in lieu of being manually subscribed
thereon, and (b) a facsimile of the signatures of both of the officers may be printed or otherwise
reproduced on such bonds in lieu of being manually affixed thereof if the authority, in its
proceedings with respect to issuance of the bonds, provides for manual authentication of such
bonds and the secretary designates a trustee or paying agent or named individuals who are
employees of the state and who are assigned to the finance department or the state treasurer's
office of the state to authenticate the bonds. Any bonds of the authority may...
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11-32-9
Section 11-32-9 Bonds - Form and execution; sale; obligations; notice. (a) All bonds
issued by the authority shall be signed by the chair, vice chair, or executive director and
attested by its secretary or assistant secretary, and the seal of the authority shall be affixed
thereto except that a facsimile of the signature of the officers may be printed or otherwise
reproduced on any of the bonds in lieu of being manually subscribed on the bonds, a facsimile
of the seal of the authority may be printed or otherwise produced on the bonds in lieu of
being manually affixed thereto, if the bonds have been manually authenticated by a transfer
agent of the bond issue. Delivery of executed bonds shall be valid notwithstanding any changes
in officers or in the seal of the authority after the signing and sealing of the bonds. The
bonds may be executed and delivered by the authority at any time and from time to time, shall
be in the form and denominations and of the tenor and maturities, shall...
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11-85-107
Section 11-85-107 Bonds - Authentication; redemption; sale; refunding; use of proceeds;
security; investment of funds. 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 or a
facsimile of such seal shall be printed or otherwise reproduced thereon; 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 being manually subscribed thereon and a facsimile
of the signatures of both of the officers may be printed or otherwise reproduced on such bonds
in lieu of being manually affixed thereof if the authority, in its proceedings with respect
to issuance of the bonds, provides for manual authentication of such bonds. The State Treasurer
shall be registrar, transfer agent, and paying agent for the bonds. The State Treasurer may
designate named individuals who are employees of the state and who are assigned to...
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