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36-17-18
Section 36-17-18 Investment of surplus state funds in obligations of United States and State
of Israel. (a) The State Treasurer is authorized and empowered, in his or her discretion,
with the written approval of the Governor, to invest funds held in the State Treasury in direct
obligation of the United States of America and in direct obligations backed by the full faith
and credit of the State of Israel whenever and to the extent that the amount of any such funds
exceeds the amount which the State Treasurer finds, with the written approval of the Governor,
cannot be applied either immediately or within a short time to any purpose for which such
funds are held. (b) For the purpose of making investments under the provisions of this section,
the State Treasurer, with the written approval of the Governor, is authorized to make purchases
and sales of direct obligations of the United States of America and the State of Israel, and
the State Treasurer shall be the custodian thereof. (c) All...
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40-12-270
Section 40-12-270 Disbursement of net proceeds from license taxes and registration fees; Secondary
Road Committee created. (a) The moneys collected each month by the judge of probate from motor
vehicle license taxes and registration fees, after deducting therefrom the amounts referred
to in subdivisions (1) and (2) of subsection (a) of Section 40-12-269, the moneys remaining
after making the said deductions being referred to in this section as "the net proceeds,"
shall be disbursed by the judge of probate as follows: (1) That portion of the net proceeds
that consists of additional amounts paid under the schedule of additional amounts set forth
in subsection (b) of Section 40-12-248 shall be remitted by the judge of probate to the State
Treasurer who shall distribute said amounts as follows: a. 64.75 percent of said amounts shall
be distributed by the State Treasurer to the State of Alabama; b. 35.25 percent of said amounts
shall be apportioned and distributed by the State Treasurer...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/40-12-270.htm - 12K - Match Info - Similar pages
41-10-468
Section 41-10-468 Use of proceeds from sale of bonds. All proceeds derived from the sale of
any bonds (except refunding bonds) sold by the authority remaining after payment of the expenses
of issuance thereof and the funding of any required reserve or replacement fund shall be turned
over to the State Treasurer, shall be carried by the State Treasurer in a special account
to the credit of the authority, and shall be subject to be drawn on by the authority solely
for the purposes of constructing, renovating, reconstructing, improving, altering, adding
to, demolishing, and equipping one or more public office buildings (including the State Capitol),
surfacing and resurfacing of land for parking and other uses to produce revenue, and all reasonable
and necessary expenses incidental thereto, including interest which shall accrue on said bonds
during the construction, renovation, reconstruction, improvement, alteration, addition, demolition,
and equipping of said buildings, surfacing and...
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41-10-758
Section 41-10-758 Creation of special fund. For the benefit of the State of Alabama and the
citizens thereof, there is hereby created a special fund named the BP Settlement Fund which
shall be funded with BP settlement revenues and administered in accordance with this article.
All BP settlement revenues received after September 30, 2017, shall be deposited in the special
fund upon receipt and shall be used first to pay principal, interest, and premium, if any,
and any other amounts due on or with respect to the bonds of the authority. Any BP settlement
revenues determined by the directors of the authority to be in excess of the amounts needed
for the payment of all amounts due with respect to the bonds, may be withdrawn from the special
fund and used to pay costs and expenses incident to the issuance of the bonds, including costs
and expenses incurred by the Department of Finance in the administration of the bonds, may
be transferred to and deposited in the Alabama Trust Fund or the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-758.htm - 1K - Match Info - Similar pages
9-11-23
Section 9-11-23 Alabama Marine Resources Endowment Fund. (a) There is created within the Marine
Resources Fund, a special account to be known as the Alabama Marine Resources Endowment Fund.
The assets of the fund shall consist of all of the following: (1) The proceeds from the sale
of the lifetime resident saltwater fishing license and two hundred fifty dollars ($250) of
the proceeds from the sale of the combination lifetime freshwater and saltwater fishing, combination
lifetime saltwater fishing and hunting, and combination lifetime freshwater and saltwater
fishing and hunting licenses, provided in subsections (a), (b), (c), and (d) of Section 9-11-65.2.
(2) The proceeds of any gifts, grants, and contributions to the state which are specifically
designated for inclusion in the fund. (3) Any other sources as may be specified by law. (b)
The fund shall be administered by the Alabama Marine Resources Endowment Fund Board of Trustees,
which shall consist of the Director of Finance, the...
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9-16-103
Section 9-16-103 Alabama Surface Mining Fund. (a) All sums received through the payment of
fees, the forfeiture of bonds, the recovery of civil penalties or appropriations by the Legislature
shall be placed in the State Treasury and credited to an open account designated as the Alabama
Surface Mining Fund. This fund, which shall include the Alabama Surface Mining Reclamation
Fund established by Act No. 551, 1975 Regular Session, shall be available to the regulatory
authority for expenditure in the administration and enforcement of this article, and training,
reclamation and research programs; provided, that the proceeds from the forfeiture of any
bond shall be used to the extent required by law in completing reclamation and revegetation
of the area with respect to which the bond applies. Any unencumbered and any unexpended balance
of this fund remaining at the end of any fiscal year shall not lapse, but shall be carried
forward for the purposes of this article until expended. (b) There...
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11-86A-16
Section 11-86A-16 Application of proceeds from the sale of bonds; source of payment; pledge
of county's or municipality's credit; negotiability; exemption from taxation; pledge as security
for funds belonging to a public person; investment in bonds by fiduciaries; no public hearing
required; investment in bonds by Teachers' Retirement System of Alabama, the Employees' Retirement
System of Alabama, and the State Insurance Fund; investment in bonds by public persons. (a)
The proceeds from the sale of any bonds shall be applied as provided in the proceedings in
which the bonds are authorized to be issued, including, without limitation, the payment of
all legal, fiscal, and recording fees and expenses incurred in connection with the authorization,
sale, and issuance of the bonds and, if provided in the proceedings authorizing their issuance,
interest on the bonds (or if only a part of any issue of bonds is issued for acquisition purposes,
interest on that portion of the bonds of that issue...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-86A-16.htm - 3K - Match Info - Similar pages
15-18-200
Section 15-18-200 Motion by persons convicted of capital offense for forensic DNA testing and
analysis. (a) An individual convicted of a capital offense who is serving a term of imprisonment
or awaiting execution of a sentence of death, through written motion to the circuit court
that entered the judgment of sentence, may apply for the performance of forensic deoxyribonucleic
acid testing on specific evidence, if that evidence was secured in relation to the investigation
or prosecution that resulted in the conviction of the applicant, is still available for testing
as of the date of the motion, forensic DNA testing was not performed on the case at the time
of the initial trial, and the results of the forensic DNA testing, on its face, would demonstrate
the convicted individual's factual innocence of the offense convicted. The filing of a motion
as provided in this subsection shall not automatically stay an execution. (b) Upon receipt
of a motion for DNA testing, the circuit court shall...
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2-5A-37
Section 2-5A-37 Investment of proceeds from bond sales. Prior to the completion of farmers'
market facilities to be financed with proceeds of bonds, any portion of the principal proceeds
derived from the sale of the bonds which the commissioner may determine is not then needed
for any of the purposes for which the bonds are authorized to be issued shall be invested
by the State Treasurer in permitted investments which mature at such time or times as the
department shall direct. At any time, and from time to time on order of the commissioner,
any such investments may be sold or otherwise converted by the State Treasurer into cash.
(Act 2013-286, p. 981,ยง1.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/2-5A-37.htm - 970 bytes - Match Info - Similar pages
34-8-22
Section 34-8-22 Officers; bonds; compensation and expenses; rules and regulations. When the
Governor appoints the board, he or she shall designate and commission one member as the chairperson,
another as vice-chairperson, and another as secretary-treasurer. The board may make the bylaws,
rules, and regulations as it shall deem best, provided the same shall not conflict with the
laws of the State of Alabama. The secretary-treasurer shall give bond in the sum as the board
shall determine with the surety as shall be approved. The bond shall be conditioned upon the
faithful performance of the duties of the office and for the faithful accounting of all moneys
and other properties as shall come into his or her hands. Each member of the board shall receive
two hundred dollars ($200) per day for attending sessions of the board or its committees,
and for time actually spent in necessary travel in attending meetings of the board or its
committees and in addition shall be reimbursed for necessary...
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