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45-37A-54.67
Section 45-37A-54.67 Borrowing; revenue bonds. The authority shall have the power to
borrow money and to issue revenue bonds as evidence of any money so borrowed, which bonds
shall be payable solely from the revenues derived from the fairs, exhibitions, amusements,
and other activities and enterprises in which the authority is hereby authorized to engage.
As security for any money so borrowed, together with interest thereon and any obligations
incurred or assumed, the authority may mortgage, pledge, or otherwise transfer and convey
its real, personal, and mixed property, or any part or parts thereof, whether then owned or
thereafter acquired, including any franchises then owned or thereafter acquired, and all or
any part of the revenues derived from the fairs, exhibitions, amusements, and other activities
and enterprises in which the authority is hereby authorized to engage. The instrument whereunder
such mortgage or pledge shall be made may contain such agreements as the authority...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-37A-54.67.htm - 3K - Match Info - Similar pages
45-49A-64.09
Section 45-49A-64.09 Bonds of authority. (a) All bonds issued by the authority shall
be signed by the chair of its board or other chief executive officer and attested by its secretary,
and the seal of the authority shall be affixed thereto, and any interest coupons applicable
to the bonds of the authority shall be signed by the chair of its board or other chief executive
officer; provided, that a facsimile of the signature of one, but not both, of the officers
may be printed or otherwise reproduced on any such bonds in lieu of his or her manually signing
the same. A facsimile of the seal of the authority may be printed or otherwise reproduced
on any such bonds in lieu of being manually affixed thereto, and a facsimile of the signature
of the chair of its board or other chief executive officer may be printed or otherwise reproduced
on any such interest coupons in lieu of his or her manually signing the same. Any such bonds
may be executed and delivered by the authority at any time and...
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45-46-90.08
Section 45-46-90.08 Bonds of the authority. (a) All bonds issued by the authority shall
be signed by the chair of its board, or other chief executive officer, and attested by its
secretary, and the seal of the authority shall be affixed thereto, and any interest coupons
applicable to the bonds of the authority shall be signed by the chair of its board, or other
chief executive officer; provided, that a facsimile of the signature of one, but not both,
of the officers may be printed or otherwise reproduced on any such bonds in lieu of his or
her manually signing the same, a facsimile of the seal of the authority may be printed or
otherwise reproduced on any such bonds in lieu of being manually affixed thereto, and a facsimile
of the signature of the chair of its board, or other chief executive officer, may be printed
or otherwise reproduced on any such interest coupons in lieu of his or her manually signing
the same. (b) Any such bonds may be executed and delivered by the authority at...
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41-14A-2
Section 41-14A-2 Definitions. As used in this chapter, the following words and terms
shall have the following meanings: (1) AVERAGE MONTHLY BALANCE OF PUBLIC DEPOSITS. The sum
of the average daily balances of public deposits, meaning the net average daily balances of
public deposits determined without any deduction for deposit insurance, for the reported month
and the 11 months preceding that month, divided by 12. (2) BOARD OF DIRECTORS or BOARD. The
Board of Directors of the SAFE Program established under Section 41-14A-6. The board
of directors shall consist of eight members. (3) COLLATERAL-PLEDGING LEVEL or COLLATERAL-PLEDGING
REQUIREMENT. The percentage or percentages of collateral, in relation to one or more levels
of public deposits held, required to be pledged by a qualified public depository as determined
in accordance with the provisions of this chapter or rules or orders of the board adopted
pursuant to this chapter. (4) COVERED PUBLIC ENTITY. The state and its political...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-14A-2.htm - 8K - Match Info - Similar pages
8-6-11
Section 8-6-11 Registration of securities - Exempt transactions. (a) Except as hereinafter
in this section expressly provided, Sections 8-6-3 through 8-6-9 shall not apply to
any of the following transactions: (1) Any isolated nonissuer transaction, whether effected
through a dealer or not; (2) Any nonissuer transaction in an outstanding security by a registered
dealer if: a. The issuer has a class of securities subject to registration under Section
12 of the Securities Exchange Act of 1934 and has been subject to the reporting requirements
of Sections 13 or 15(d) of the Securities Exchange Act of 1934 for not less than 180 days
before the transaction; or has filed and maintained with the commission for not less than
180 days before the transaction information, in such form as the commission, by rule, specifies,
substantially comparable to the information which the issuer would be required to file under
Section 12(b) or Section 12(g) of the Securities Exchange Act of 1934, or the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/8-6-11.htm - 13K - Match Info - Similar pages
4-3-54
Section 4-3-54 Bonds - Security for payment of principal and interest. In the discretion
of the authority, any bonds may be issued under and secured by an indenture between the authority
and a trustee. Said trustee may be a private person or corporation, including, but not limited
to, any trust company or bank having trust powers, whether such bank or trust company is located
within or without the state. In any such indenture or resolution providing for the issuance
of bonds, the authority may pledge for payment of the principal of and the interest on such
bonds any of its revenues, rents, income or funds to which its right then exists or may thereafter
come into existence and may assign, as security for such payment, any of its leases, franchises,
permits and contracts and, in any such indenture, the authority may mortgage any of its properties,
including any that may be thereafter acquired by it. Any such pledge of revenues shall be
valid and binding from the time it is made, and the...
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11-58-8
Section 11-58-8 Bonds - Security for payment of principal and interest; remedies upon
default. The principal of and interest on any bonds issued by a corporation organized under
the authority of this chapter shall be secured by a pledge of the rentals and other receipts
of all or any part of the medical clinic and its facilities financed in whole or in part with
the proceeds of such bond issue or with the proceeds of bonds refunded or to be refunded by
such issue, may be secured by a mortgage covering all or any part of the clinic from which
the revenues so pledged may be derived and may be secured by a pledge of the lease of such
clinic. The proceedings under which such bonds are authorized to be issued or any such mortgage
may contain any agreements and provisions customarily contained in instruments securing bonds,
including, without limiting the generality of the foregoing, provisions respecting the fixing
and collection of rents for any clinic or clinical facilities covered by...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-58-8.htm - 2K - Match Info - Similar pages
27-61-1
Section 27-61-1 Surplus Lines Insurance Multi-State Compliance Compact. The Surplus
Lines Insurance Multi-State Compliance Compact Act is enacted into law and entered into with
all jurisdictions mutually adopting the compact in the form substantially as follows: PREAMBLE
WHEREAS, with regard to Non-Admitted Insurance policies with risk exposures located in multiple
states, the 111th United States Congress has stipulated in Title V, Subtitle B, the Non-Admitted
and Reinsurance Reform Act of 2010, of the Dodd-Frank Wall Street Reform and Consumer Protection
Act, hereafter, the NRRA, that: (A) The placement of Non-Admitted Insurance shall be subject
to the statutory and regulatory requirements solely of the insured's Home State, and (B) Any
law, regulation, provision, or action of any State that applies or purports to apply to Non-Admitted
Insurance sold to, solicited by, or negotiated with an insured whose Home State is another
State shall be preempted with respect to such application;...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-61-1.htm - 62K - Match Info - Similar pages
11-55-4
Section 11-55-4 Bonds - Security for payment of principal and interest. The principal
of and interest on any bonds issued under the authority of this chapter shall be secured by
a pledge of the revenues out of which such bonds shall be made payable, may be secured by
a mortgage covering all or any part of the project from which the revenues so pledged may
be derived and may be secured by a pledge of the lease of such project. The proceedings under
which such bonds are authorized to be issued or any such mortgage may contain any agreements
and provisions customarily contained in instruments securing bonds, including, without limiting
the generality of the foregoing, provisions respecting the fixing and collection of rents
for any project covered by such proceedings or mortgage, the terms to be incorporated in the
lease of such project, the maintenance and issuance of such project, the creation and maintenance
of special funds from the revenues from such project and the rights and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-55-4.htm - 2K - Match Info - Similar pages
15-22-1.1
Section 15-22-1.1 Interstate Compact for Adult Offender Supervision. Whereas: The Interstate
Compact for the Supervision of Parolees and Probationers was established in 1937, it is the
earliest corrections "compact" established among the states and has not been amended
since its adoption over 62 years ago; Whereas: This compact is the only vehicle for the controlled
movement of adult parolees and probationers across state lines, and it currently has jurisdiction
over more than a quarter of a million offenders; Whereas: The complexities of the compact
have become more difficult to administer, and many jurisdictions have expanded supervision
expectations to include currently unregulated practices such as victim input, victim notification
requirements, and sex offender registration; Whereas: After hearings, national surveys, and
a detailed study by a task force appointed by the National Institute of Corrections, the overwhelming
recommendation has been to amend the document to bring about...
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