Code of Alabama

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16-18A-7
Section 16-18A-7 Revenue bonds - Creation of statutory mortgage lien; recording. Any
resolution of the authority 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 property
and facilities, 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 authority of the said trust
indenture may provide for the filing of record in the office of the judge of probate of each
county in which any property and facilities, or any part thereof, may be located of a notice
containing a brief description of such bonds and a declaration that said statutory mortgage
lien has been created for the benefit of the holders of such bonds and the interest coupons
applicable thereto upon such property and facilities, or any thereof,...
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41-10-144
Section 41-10-144 Bonds - Statutory mortgage lien to secure payment of principal and
interest; recording notice. Any resolution of the board or trust indenture under which bonds
may be issued pursuant to the provisions of this article 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 property and facilities, 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 property and facilities, or any part thereof,
may be located of a notice containing a brief description of such bonds and a declaration
that the said statutory mortgage lien has been created for the benefit of the holders of such
bonds and the interest coupons applicable thereto upon such property and...
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45-29-90.15
Section 45-29-90.15 Statutory mortgage lien. Any resolution of the board of directors,
or trust indenture, under which bonds may be issued pursuant to this article 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 facilities and other property, including any after-acquired
property, out of the revenues from which such bonds are made payable. The resolution of the
board of directors, or the trust indenture, may provide for the filing for record in the office
of the Judge of Probate of Fayette County of a notice containing a brief description of such
facilities or other property, a brief description of such bonds, and a declaration that the
statutory mortgage lien has been created for the benefit of the holders of such bonds and
the interest coupons applicable thereto, upon such facilities and other property, including
any additions thereto and extensions thereof. The judge of probate...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-29-90.15.htm - 1K - Match Info - Similar pages

33-15-10
Section 33-15-10 Bonds and other obligations - Statutory mortgage lien. Any resolution
of the board of directors 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
facilities and other property (including any after-acquired property) out of the revenues
from which such bonds are made payable. The said resolution of the board of directors 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 facilities or other property may be located of a
notice containing a brief description of such facilities or other property, a brief description
of such bonds and a declaration that said statutory mortgage lien has been created for the
benefit of the holders of such bonds and the interest coupons applicable thereto...
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9-6-11
Section 9-6-11 Bonds - Creation of 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 equipment, facilities, apparatus
and systems 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 of record in the office of the judge of probate of each
county in which any part of such equipment, facilities, apparatus and systems or any part
thereof may be located of a notice containing a brief description of such bonds and a declaration
that said statutory mortgage lien has been created for the benefit of the holders of such
bonds and the interest coupons applicable thereto upon such equipment,...
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11-88-10
Section 11-88-10 Bonds of authority - Statutory mortgage lien to secure payment of principal
and interest. Any resolution of the board or trust indenture under which bonds may be issued
pursuant to the provisions of this article 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 water systems, sewer systems and fire protection facilities or any 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 water systems,
sewer systems and fire protection facilities or any thereof may be located of a notice containing
a brief description of such systems and facilities or either, a brief description of such
bonds and a declaration that said statutory mortgage lien has...
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11-89-10
Section 11-89-10 Bonds of district - Statutory mortgage lien to secure payment of principal
and interest. 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 water systems, sewer systems, and fire protection facilities or any 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 water systems,
sewer systems, and fire protection facilities or any thereof may be located of a notice containing
a brief description of such systems and facilities or either, a brief description of such
bonds and a declaration that said statutory mortgage lien has...
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11-89B-4
Section 11-89B-4 Resolution of board of directors, etc., or trust indenture containing
provisions creating statutory mortgage lien. Any resolution of the board of directors or other
governing body of such public corporation 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, on the water, sewer and garbage systems or other
revenue-producing and facilities or any thereof (including any after-acquired property) out
of the revenues from which such bonds are made payable. The said resolution of the board of
directors or other governing body of such public corporation 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 water, sewer and garbage systems or other revenue-producing facilities
or any thereof may be located of a notice containing a brief description...
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33-12-5
Section 33-12-5 Powers, duties and functions. The powers, duties and functions of the
agency shall be as follows: (1) GENERALLY. The agency a. Shall have perpetual succession in
its corporate name. b. May sue and be sued in its corporate name. c. May adopt, use and alter
a corporate seal, which shall be judicially noticed. d. May enter into such contracts and
cooperative agreements with the federal, state and local governments, with agencies of such
governments, with private individuals, corporations, associations, trusts and other organizations
as the board may deem necessary or convenient to enable it to carry out the purposes of this
chapter, including the planned, orderly residential development of the area. e. May adopt,
amend and repeal bylaws. f. May appoint such managers, officers, employees, attorneys and
agents as the board deems necessary for the transaction of its business, fix their compensation,
define their duties, require bonds of such of them as the board may...
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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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