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33-2-157
Section 33-2-157 Requirements for sale of bonds. The bonds must be sold only at public sale,
either on sealed bids or at public auction, to the bidder whose bid reflects the lowest net
interest cost to the state for the bonds being sold, computed to their respective maturities;
provided, that if no bid acceptable to the department and the Governor is received all bids
may be rejected. Notice of each such sale shall be given by publication in either a financial
journal or a financial newspaper published in the City of New York, New York, and also by
publication in a newspaper published in the state which is customarily published not less
often than six days during each calendar week, each of which notices must be published at
least one time not less than 10 days prior to the day fixed for the sale. The department may
fix the terms and conditions under which each such sale may be held; provided, that none of
the bonds may be sold for a price less than the face value thereof; and,...
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33-2-38
Section 33-2-38 Requirements for sale of bonds. The bonds must be sold only at public sale,
either on sealed bids or at public auction, to the bidder whose bid reflects the lowest net
interest cost to the state for the bonds being sold, computed to their respective maturities;
provided, that if no bid acceptable to the department and the Governor is received all bids
may be rejected. Notice of each such sale shall be given by publication in either a financial
journal or a financial newspaper published in the City of New York, New York, and also by
publication in a newspaper published in the state which is customarily published not less
often than six days during each calendar week, each of which notices must be published at
least one time not less than 10 days prior to the date fixed for the sale. The department
may fix the terms and conditions under which each such sale may be held; provided, that none
of the bonds may be sold for a price less than the face value thereof; and,...
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33-2-68
Section 33-2-68 Requirements for sale of bonds. The bonds must be sold only at public sale,
either on sealed bids or at public auction, to the bidder whose bid reflects the lowest net
interest cost to the state for the bonds being sold, computed to their respective maturities;
provided, that if no bid acceptable to the department and the Governor is received all bids
may be rejected. Notice of each such sale shall be given by publication in either a financial
journal or a financial newspaper published in the City of New York, New York, and also by
publication in a newspaper published in the state which is customarily published not less
often than six days during each calendar week, each of which notices must be published at
least one time not less than 10 days prior to the date fixed for the sale. The department
may fix the terms and conditions under which each such sale may be held; provided, that none
of the bonds may be sold for a price less than the face value thereof; and,...
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33-2-98
Section 33-2-98 Requirements for sale of bonds. The bonds must be sold only at public sale,
either on sealed bids or at public auction, to the bidder whose bid reflects the lowest net
interest cost to the state for the bonds being sold, computed to their respective maturities;
provided, that if no bid acceptable to the department and the Governor is received all bids
may be rejected. Notice of each such sale shall be given by publication in either a financial
journal or a financial newspaper published in the City of New York, New York, and also by
publication in a newspaper published in the state which is customarily published not less
often than six days during each calendar week, each of which notices must be published at
least one time not less than 10 days prior to the date fixed for the sale. The department
may fix the terms and conditions under which each such sale may be held; provided, that none
of the bonds may be sold for a price less than the face value thereof; and,...
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22-3A-11
Section 22-3A-11 Sale of bonds. Bonds of the authority (including refunding bonds) may be sold
at such price(s) and at such time(s) as the directors may consider advantageous, either at
public sale through competitive bidding or by private sale through negotiation with the prospective
purchaser. The authority may fix the terms and conditions under which each sale of bonds may
be held. The authority may pay out of the proceeds from the sale of the bonds all expenses,
including, but not limited to, fees, premiums, discounts, insurance premiums and commissions
and letters of credit or other credit enhancement fees, as the directors may deem necessary
or advantageous. Neither a public hearing nor consent by the State Department of Finance or
any other department or agency shall be a prerequisite to the issuance of any of the bonds.
All bonds issued by the authority shall contain a recital that they are issued pursuant to
the provisions of this chapter, which recital shall be conclusive...
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23-1-310
Section 23-1-310 Bonds and notes - Issuance and sale generally. Obligations of the authority
may be sold at either public or private sale in such manner and at such price or prices and
at such time or times as may be determined by the board of directors to be most advantageous;
provided, that none of the obligations may be sold for a price less than 97 percent of par
or face value. Approval by the Governor of Alabama of the terms and conditions under which
any of the obligations authorized by this article may be issued shall be requisite to their
validity, which approval, signed by the Governor, shall be entered on the minutes of the respective
meetings of the board of directors at which such obligations proposed to be issued are authorized.
Neither a public hearing or consent by the state Department of Finance nor any other department
or agency shall be a prerequisite to the issuance of any of the obligations. All obligations
issued by the authority shall be exempt from the laws of...
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27-61-1
functions. 5. CORPORATE RECORDS OF THE COMMISSION The Commission shall maintain its corporate
books and records in accordance with the Bylaws. 6. QUALIFIED IMMUNITY, DEFENSE, AND INDEMNIFICATION
a. The Members, officers, executive director, employees, and representatives of the Commission,
the Executive Committee, and any other Committee of the Commission shall be immune from suit
and liability, either personally or in their official capacity, for any claim for damage to
or loss of property or personal injury or other civil liability caused by or
arising out of any actual or alleged act, error, or omission that occurred, or that the person
against whom the claim is made had a reasonable basis for believing occurred within the scope
of Commission employment, duties, or responsibilities; provided that nothing in this paragraph
shall be construed to protect any such person from suit and/or liability for any damage, loss,
injury, or liability caused by the intentional or willful or wanton...
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22-23B-7
Section 22-23B-7 Purpose; issuing, selling and refunding of bonds. For the purpose of providing
funds for the authority to make loans to public bodies for a project or projects, or for the
payment of obligations incurred or temporary loans made for any of said purposes, the authority
is hereby authorized, from time to time, to issue and sell its bonds or other evidences of
indebtedness. Such bonds may be issued in one or more series; shall be in such form and denominations
and of such terms and maturities, not exceeding 30 years from the date of issue of each series;
shall bear such rate or rates of interest, payable and evidenced in such manner; may contain
such provisions for registration or for redemption prior to maturity; and may contain such
other provisions not inconsistent herewith, all as may be provided by the authorizing resolution.
As security for the payment of the principal of and interest on its bonds, the authority is
authorized to pledge, transfer and assign any...
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2-5A-35
Section 2-5A-35 Refunding bonds. (a) Any bonds issued by the Department of Agriculture and
Industries pursuant to this article may from time to time thereafter be refunded by the issuance
of refunding bonds of the Department of Agriculture and Industries; provided, however, that
no refunding bonds shall be issued unless the present value of all debt service on the refunding
bonds, computed with a discount rate equal to the true interest rate of the refunding bonds
and taking into account all underwriting discount and issuance expenses, shall not be greater
than 97 percent of the present value of all debt service on the bonds to be refunded, computed
using the same discount rate and taking into account the underwriting discount and other issuance
expenses originally applicable to such bonds, determined as if such bonds to be refunded were
paid and retired in accordance with the schedule of maturities, considering mandatory redemption
as a scheduled maturity, provided at the time of...
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33-16-12
Section 33-16-12 Bonds - Generally. There are hereby authorized to be issued bonds of the state
in aggregate principal amount not exceeding $10,000,000.00. The bonds hereby authorized shall
be general obligations of the state, and the full faith and credit of the state are hereby
irrevocably pledged for the prompt and faithful payment of the principal of and the interest
on the bonds. The bonds may be sold from time to time as the board of directors may deem advantageous;
provided, that no bonds (other than refunding bonds) may be sold or issued unless the Governor
shall have first determined that the issuance of the bonds proposed to be issued will be necessary
to enable the authority to fulfill the requirements of local contribution, participation and
cooperation established by the United States in connection with the waterway project. Except
as hereinafter limited, the bonds may be executed and delivered at any time and from time
to time, may be in such forms, denominations, series...
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