Code of Alabama

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8-6-2
Section 8-6-2 Definitions. When used in this article, unless the context otherwise requires,
the following terms shall have the meanings respectively ascribed to them by this section:
(1) COMMISSION or SECURITIES COMMISSION. The securities commission. (2) AGENT. Any individual
other than a dealer who represents a dealer or issuer in effecting or attempting to effect
sales of securities, but such term does not include an individual who represents an issuer
in: a. Effecting a transaction in a security exempted by subdivisions (1), (2), (3), (4),
(9) or (10) of Section 8-6-10; b. Effecting transactions exempted by Section 8-6-11; or c.
Effecting transactions with existing employees, partners, or directors of the issuer if no
commission or other remuneration is paid or given directly or indirectly for soliciting any
person in this state. A partner, officer, or director of a dealer or issuer is an agent if
he otherwise comes within this definition. (3) DEALER. Any person engaged in the...
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16-17-11
Section 16-17-11 Contracts to secure bonds and assumed obligations. As security for payment
of the principal of and interest on bonds issued or obligations assumed by it, the authority
may enter into a contract or contracts binding itself for the proper application of the proceeds
of bonds and other funds, for the continued operation, maintenance and disposition (including
lease) of any ancillary improvements or part thereof owned by it, for the imposition and collection
of reasonable rentals from such ancillary improvements, for the disposition and application
of its gross revenues or any part thereof and for any other act or series of acts not inconsistent
with the provisions of this chapter for the protection of the bonds and other obligations
being secured and the assurance that the revenues from such ancillary improvements will be
sufficient to operate such ancillary improvements, maintain the same in good repair and in
good operating condition, pay the principal of and interest...
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16-18-12
Section 16-18-12 Contracts to secure bonds and assumed obligations. As security for payment
of the principal of and interest on bonds issued or obligations assumed by it, the authority
may enter into a contract or contracts binding itself for the proper application of the proceeds
of bonds and other funds, for the continued operation, maintenance and disposition (including
lease) of any ancillary improvements or part thereof owned by it, for the imposition and collection
of reasonable rentals from such ancillary improvements, for the disposition and application
of its gross revenues or any part thereof, and for any other act or series of acts not inconsistent
with the provisions of this chapter for the protection of the bonds and other obligations
being secured and the assurance that the revenues from such ancillary improvements will be
sufficient to operate such ancillary improvements, maintain the same in good repair and in
good operating condition, pay the principal of and interest...
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11-55-13
Section 11-55-13 Authority of cities or towns to acquire, etc., and lease facilities to United
States Postal Service; issuance of bonds, etc., to finance acquisitions. Any city or town
in this state (1) May acquire (by construction, purchase or otherwise), improve and equip
land, buildings and other facilities for use by the United States Postal Service; (2) May
lease any such land, buildings or facilities to the United States Postal Service on such terms
and conditions as shall be mutually agreeable to such city or town and the United States Postal
Service; (3) May borrow money for the purpose of financing the costs of any such acquisition,
improvement and equipment; (4) May issue, in evidence of such borrowing, bonds, warrants,
notes or other securities (which such bonds, warrants, notes or other securities shall mature
and come due not later than 30 years from their date but shall otherwise be issued in accordance
with, and shall be subject to, applicable provisions of law); (5) May...
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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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45-36-252.06
Section 45-36-252.06 Bonds of the authority; obligations. (a) In addition to all other powers
now or hereafter granted by law, the authority shall have the following powers, together with
all powers incidental thereto or necessary to the discharge thereof in corporate form: (1)
To sell and issue bonds of the authority in order to provide funds for any corporate function,
use, or purpose, any such bonds to be payable solely out of one or more of the following:
a. Any or all proceeds or receipts from the privilege, license, or excise tax levied on the
sale, distribution, storage, use, or consumption of tobacco and certain tobacco products in
Jackson County by Section 45-36-247. b. Any or all proceeds from any tax received by the Jackson
County Commission which are required by law to be deposited to the credit of the Jackson County
Water Authority. c. The revenues derived from any water, sewer, or garbage system or facility
of the authority. (2) To pledge for payment of any bonds issued...
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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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16-17-12
Section 16-17-12 Statutory mortgage lien. Any resolution of the board or trust indenture under
which bonds may be issued pursuant to the provisions of this chapter may contain provisions
creating a statutory mortgage lien in favor of the holders of such bonds and of the interest
coupons applicable thereto on the ancillary improvements or any part thereof (including any
after-acquired property) out of the revenues from which such bonds are made payable. The said
resolution of the board or the said trust indenture may provide for the filing for record
in the office of the judge of probate of each county in which any part of such ancillary improvements
may be located of a notice containing a brief description of such ancillary improvements and
of the land relating thereto, a brief description of such bonds and a declaration that the
said statutory mortgage lien has been created upon such ancillary improvements (and upon such
land as shall be made subject to the lien) for the benefit of...
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16-18-13
Section 16-18-13 Statutory mortgage lien. Any resolution of the board or trust indenture under
which bonds may be issued pursuant to the provisions of this chapter may contain provisions
creating a statutory mortgage lien in favor of the holders of such bonds and of the interest
coupons applicable thereto on the ancillary improvements or any part thereof (including any
after-acquired property) out of the revenues from which such bonds are made payable. The said
resolution of the board or the said trust indenture may provide for the filing for record
in the office of the judge of probate of each county in which any part of such ancillary improvements
may be located of a notice containing a brief description of such ancillary improvements and
of the land relating thereto, a brief description of such bonds, and a declaration that the
said statutory mortgage lien has been created upon such ancillary improvements (and upon such
land as shall be made subject to the lien) for the benefit of...
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17-7-1
Section 17-7-1 Payment for machines. The county commission or city commission or such other
authority as levies the taxes for county or city purposes of any county or city which adopts
the use of electronic voting machines, shall, upon the purchase, rental, or lease thereof,
provide for payment therefor by the county or city; provided, that bonds or other evidences
of indebtedness, payable not later than 15 years from their dates of issuance, may be issued
in accordance with the provisions of law relating to the increase of indebtedness of counties
or cities, to meet all or any part of the cost of the electronic voting machines. (Acts 1939,
No. 292, p. 443; Code 1940, T. 17, §98; §17-9-8; amended and renumbered by Act 2006-570,
p. 1331, §37.)...
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