2-6-123
Section 2-6-123 Federal income taxation. The corporation shall have the power to make payments
to the United States of America as the directors deem necessary to cause the interest on any
bonds of the corporation to be and remain exempt from federal income taxation. The corporation
shall have the power to make agreements respecting the investment of funds of the corporation
necessary in order that the interest income on bonds of the corporation be and remain exempt
from federal income taxation. (Act 2011-575, p. 1231, §25.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/2-6-123.htm - 836 bytes - Match Info - Similar pages

16-18B-19
Section 16-18B-19 Exemption from federal income taxation. The corporation on behalf of the
state shall have the power to provide for such payments to the United States of America as
the directors deem necessary to cause the interest on any bonds to be and remain exempt from
federal income taxation. The corporation shall have the power to make agreements respecting
the investment of the proceeds of the bonds or other funds of the corporation necessary in
order that the interest income on bonds of the corporation be and remain exempt from federal
income taxation. (Act 98-391, p. 771, §19.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-18B-19.htm - 903 bytes - Match Info - Similar pages

9-14A-23
Section 9-14A-23 Tax exemption. The corporations on behalf of the state shall have the power
to provide for such payments to the United States of America as the directors deem necessary
to cause the interest on any bonds to be and remain exempt from federal income taxation. The
corporations shall have the power to make agreements respecting the investment of the proceeds
of the bonds or other funds of the corporation necessary in order that the interest income
on bonds of the corporations be and remain exempt from federal income taxation. (Act 2000-708,
p. 1487, § 23.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/9-14A-23.htm - 882 bytes - Match Info - Similar pages

37-11A-1
Section 37-11A-1 Execution and text of compact. The Governor, on behalf of this state, shall
execute a compact, in substantially the following form, with the State of Mississippi, and
the Legislature approves and ratifies the compact in the form substantially as follows: Northeast
Mississippi - Northwest Alabama Railroad Authority Compact. The contracting states solemnly
agree: Article I. The purpose of this compact is to promote and develop trade, commerce, industry,
and employment opportunities for the public good and welfare in northeast Mississippi and
northwest Alabama through the establishment of a joint interstate authority to acquire certain
railroad properties and facilities which the operator thereof has notified the Interstate
Commerce Commission of an intention to abandon and which are located in any of Franklin, Marion,
or Winston Counties, Alabama or in Alcorn or Tishomingo Counties, Mississippi. Article II.
This compact shall become effective immediately as to the State...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/37-11A-1.htm - 33K - Match Info - Similar pages

41-10-520
Section 41-10-520 Interest on bonds exempt from federal income tax. The authority shall have
the power to make such payments to the United States of America as the directors deem necessary
to cause the interest on any bonds of the authority to be and remain exempt from federal income
taxation. The authority shall have the power to make agreements respecting the investment
of funds of the authority necessary in order that the interest income on bonds of the authority
be and remain exempt from federal income taxation. (Acts 1990, No. 90-603, p. 1094, §31.)...

alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-520.htm - 869 bytes - Match Info - Similar pages

41-10-371
Section 41-10-371 Power of authority to pay and make agreements with the United States to exempt
interest of bonds from federal income tax. The authority shall have the power to make such
payments to the United States as the directors deem necessary to cause the interest on any
bonds of the authority to be and remain exempt from federal income taxation. The authority
shall have the power to make agreements respecting the investment of funds of the authority
necessary in order that the interest income on bonds of the authority be and remain exempt
from federal income taxation. (Acts 1988, No. 88-475, p. 739, §22.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-371.htm - 929 bytes - Match Info - Similar pages

22-3A-24
Section 22-3A-24 Payments and investment agreements to ensure federal tax exemption. The authority
shall have the power to make such payments to the United States of America as the directors
deem necessary to cause the interest on any bonds of the authority to be and remain exempt
from federal income taxation. The authority shall have the power to make agreements respecting
the investment of funds of the authority necessary in order that the interest income on bonds
of the authority be and remain exempt from federal income taxation. (Acts 1990, No. 90-598,
§24.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-3A-24.htm - 876 bytes - Match Info - Similar pages

41-10-476
Section 41-10-476 Power to make payments and to make agreements respecting investment of funds.
The authority shall have the power to make such payments to the United States of America as
the directors deem necessary to cause the interest on any bonds of the authority to be and
remain exempt from federal income taxation. The authority shall have the power to make agreements
respecting the investment of funds of the authority necessary in order that the interest income
on bonds of the authority be and remain exempt from federal income taxation. (Acts 1990, No.
90-602, p. 1079, §27.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-476.htm - 897 bytes - Match Info - Similar pages

16-16B-11
Section 16-16B-11 (Implementation Conditioned on Separate Legislative Enactment.) Tax exemption.
The Authority shall have the power to make such payments to the United States of America as
the board of directors of the Authority deems necessary to cause the interest on any bonds
of the Authority, including the Bonds, to be and remain exempt from, or excludible from gross
income for purposes of, federal income taxation. The Authority shall have the power to make
such agreements respecting the investment of funds of the Authority as the Authority shall
deem necessary in order that the interest income on bonds of the Authority be and remain exempt
from, or excludible from gross income for purposes of, federal income taxation. (Act 2012-560,
p. 1645, §11.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-16B-11.htm - 1K - Match Info - Similar pages

2-5A-39
Section 2-5A-39 Maintaining federal tax-exempt status. The Board of Agriculture and Industries
has the power and hereby delegates power to the Commissioner of Agriculture and Industries
to cause appropriate reports to be prepared and payments submitted to the United States of
America as shall be deemed necessary to cause the interest on any bonds of the Department
of Agriculture and Industries to be and remain exempt from federal income taxation. The commissioner
shall have the power to make agreements respecting the investment of funds of the Department
of Agriculture and Industries necessary in order that the interest income on bonds of the
Department of Agriculture and Industries be and remain exempt from federal income taxation.
(Act 2013-286, p. 981,§1.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/2-5A-39.htm - 1K - Match Info - Similar pages