Code of Alabama

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16-17-9
Section 16-17-9 Remedies under lease agreements. If there is any default in the payment of
any rental required to be paid or in the performance of any covenant required to be performed
by any educational institution under the provisions of any lease agreement between such educational
institution and an authority, the authority and any pledgee of such lease agreement, or either,
may by appropriate proceedings enforce and compel payment of such rental and performance of
such covenant. (Acts 1966, Ex. Sess., No. 222, p. 325, §9.)...
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16-18-10
Section 16-18-10 Remedies under lease agreements. If there is any default in the payment of
any rental required to be paid or in the performance of any covenant required to be performed
by any educational institution under the provisions of any lease agreement between such educational
institution and an authority, the authority and any pledgee of such lease agreement, or either,
may by appropriate proceedings enforce and compel payment of such rental and performance of
such covenant. (Acts 1966, Ex. Sess., No. 221, p. 308, §10.)...
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11-56-9
Section 11-56-9 Leasing of projects. (a) The corporation and any local subdivision are hereby
respectively authorized to enter into with each other one or more lease agreements whereunder
a project or any part thereof shall be leased by the corporation to such local subdivision
for a term not longer than the then current fiscal year of such local subdivision, but any
such lease agreement may contain a grant to such local subdivision of successive options of
renewing the said lease agreement on the terms specified therein for any subsequent fiscal
year or years of such local subdivision. The said lease agreement may contain appropriate
provisions as to the method by which such local subdivision may, at its election, exercise
such of the said options of renewal as its governing body may elect on the terms provided
therein and such other covenants and provisions as shall not be inconsistent with this chapter
and as the corporation and such local subdivision may agree. The rental for each...
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11-15-8
Section 11-15-8 Leasing of projects to counties. The corporation and the county are hereby
respectively authorized to enter into with each other one or more lease agreements whereunder
a project shall be leased by the corporation to the county for a term not longer than the
then current fiscal year of the county, but any such lease agreement may contain a grant to
the county of successive options of renewing the said lease agreement on the terms specified
therein for any subsequent fiscal year or years of the county. The said lease agreement may
contain appropriate provisions as to the method by which the county may, at its election,
exercise such of the said options of renewal as its county commission may elect on the terms
provided therein and such other covenants and provisions as shall not be inconsistent with
this chapter and as the corporation and the county may agree. The rental for each fiscal year
during which said lease agreement shall be in effect shall be due in advance on...
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16-18-9
Section 16-18-9 Lease by educational institutions of ancillary improvements. (a) Any one or
more educational institutions in the state, except those educational institutions to which
subsection (b) of this section applies, are hereby authorized at any time and from time to
time to enter into one or more lease agreements with the authority whereunder any one or more
ancillary improvements or part thereof shall be leased by the authority to such educational
institution for a term not exceeding 50 years; provided, that the rentals under such lease
agreement shall not be payable from any sources other than those specified in the lease agreement;
and provided, further, that the rentals shall not be payable by educational institutions out
of funds appropriated by the state to or for the benefit of such educational institutions.
(b) The State Board of Education and each city and county board of education (including each
public body having jurisdiction over schools in a municipality or county)...
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16-18A-4
Section 16-18A-4 Powers and duties. The purpose of the authority shall be to assist institutions
for higher education in the construction, financing and refinancing of the projects. The exercise
by the authority of the powers conferred by this chapter shall be deemed and held to be the
performance of an essential public function. For the purpose of this chapter, the authority
shall have the powers and duties set forth in this section. (1) To adopt an official seal
and alter the same at its pleasure. (2) To sue and be sued in contract and in tort and to
complain and defend in all courts of law and equity. (3) To maintain an office at such place
or places as it may designate. (4) To determine the location and character of any project
financed under this chapter, to acquire, construct, reconstruct, remodel, maintain, manage,
enlarge, alter, add to, repair, operate, lease as lessee or lessor, sell or otherwise dispose
of, any project in any manner it deems to the best advantage of the...
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22-21-140
Section 22-21-140 Lease agreements with municipality. (a) Authorization of lease. The authority
and the municipality are hereby respectively authorized to enter into one or more lease agreements
with each other whereunder one or more projects or any part thereof shall be leased by the
authority to the municipality. No such lease agreement shall be for a term longer than the
then current fiscal year in which it is made. Any such lease agreement made, however, may
contain a grant to the municipality of successive options to renew such lease agreement, on
the conditions specified therein, for additional terms; but no such additional term shall
be for a period longer than the fiscal year in which such renewal shall be made. The lease
agreement may contain provisions as to the method by which such renewal may be effected. (b)
Payments limited to current revenues of the municipality for current fiscal year. The obligation
on the part of the municipality to pay the rental required to be paid...
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22-21-330
Section 22-21-330 Lease agreements with authorizing subdivision; terms; renewal options; special
pledge as security for payment of rental, etc.; use of vacant space. (a) Each authority and
any authorizing subdivision are hereby respectively authorized to enter into one or more lease
agreements with each other whereunder any health care facilities situated within (or within
10 miles of) such authorizing subdivision or any part thereof shall be leased by the authority
to such authorizing subdivision, but if and only if such authorizing subdivision is then permitted
by law to operate such health care facilities, to issue its bonds, warrants, notes or other
securities therefor and to pledge for the benefit of any such securities its full faith and
credit. No such lease agreement shall be for a term longer than the then current fiscal year
in which it is made. Any such lease agreement may, however, contain a grant to such authorizing
subdivision of successive options to renew such lease...
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11-57-10
Section 11-57-10 Leasing of projects. The authority and the municipality are hereby respectively
authorized to enter into one or more lease agreements with each other whereunder one or more
projects or any part thereof shall be leased by the authority to the municipality. No such
lease agreement shall be for a term longer than the then current fiscal year in which it is
made. Any such lease agreement made, however, may contain a grant to the municipality of successive
options to renew such lease agreement, on the conditions specified therein, for additional
terms, but no such additional term shall be for a period longer than the fiscal year in which
such renewal shall be made. The lease agreement may contain provisions as to the method by
which such renewal may be effected. The obligation on the part of the municipality to pay
the rental required to be paid and to perform the agreements on the part of the municipality
required to be performed during any fiscal year during which the...
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14-2-29
Section 14-2-29 Facilities - Leasing - State or agency thereof. (a) The authority is hereby
authorized to enter into a lease or leases of any one or more facilities constructed, acquired,
reconstructed, renovated or improved by the authority under the provisions of this chapter
to and with the department and any other agency, board, commission, bureau or department of
the state which may be charged with the responsibility for the operation of any of the penal
or correctional institutions of the state. The department and any such other agency, board,
commission, bureau or department of the state and each of them are hereby authorized to lease
any such facilities from the authority. No such lease shall, however, be for a term longer
than the then current fiscal year of the state, but any such lease may contain a grant to
the state or its agency of successive options of renewing said lease on the terms specified
therein for any subsequent fiscal year or years of the state; provided, that...
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