41-10-756
Section 41-10-756 Refunding bonds. (a) Any bonds issued by the authority may from time to time
be refunded by the issuance, sale, or exchange of refunding bonds for the purpose of paying
the following items: (1) All or any part of the principal of the bonds to be refunded. (2)
Any redemption premium required to be paid as a condition to the redemption prior to maturity
of any such bonds that are to be so redeemed in connection with such refunding. (3) Any accrued
and unpaid interest on the bonds to be refunded. (4) Any interest to accrue on each bond to
be refunded to the date on which it is to be paid, whether at maturity or by redemption prior
to maturity. (5) The expenses incurred in connection with the refunding. (b) Refunding bonds
of the authority may be sold, in the discretion of the authority, either (1) at public sale
or sales, based on sealed bids received either electronically or on paper, after advertisement
as may be prescribed by the authority, to the bidder whose bid...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-756.htm - 2K - Match Info - Similar pages

45-10-234.5
Section 45-10-234.5 THIS SECTION WAS ASSIGNED BY THE CODE COMMISSIONER IN THE 2018 REGULAR
SESSION, EFFECTIVE MAY 1, 2018. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. If property is
sold at public auction, as provided in this part, a notation in the storage record shall be
made of the sale and of the amount received for the property. The person making the sale may
reject any and all bids if the amount bid is unreasonably low and may continue the sale, from
time to time, if no bidders are present. (Act 2018-79, §6.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-10-234.5.htm - 831 bytes - Match Info - Similar pages

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,§1.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/2-5A-37.htm - 970 bytes - Match Info - Similar pages

23-1-66
Section 23-1-66 Disposal of surplus personal property - Sale procedures. (a) This section shall
apply only to the property which has been held by the State Department of Transportation for
a period of not less than 60 days from the date the property is first published in the list
of surplus personal property, as set out in subsection (b) of Section 23-1-65 and not purchased
by any agency as set out in subsection (c) of Section 23-1-64. (b) All contracts made by,
or on behalf of, the State Department of Transportation for the sale or disposal of tangible
personal property owned by the State Department of Transportation, other than types of property,
the disposal of which is otherwise provided for by law, or which, by nature, are incapable
of sale by auction or bid, shall be let by free and open competitive public auction or sealed
bids. (c) Every proposal to make a sale covered by this section shall be advertised for at
least two weeks in advance of the date fixed for receiving bids....
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/23-1-66.htm - 4K - Match Info - Similar pages

45-31-233.05
Section 45-31-233.05 THIS SECTION WAS ASSIGNED BY THE CODE COMMISSIONER IN THE 2020 REGULAR
SESSION, EFFECTIVE AUGUST 1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. If property
is sold at public auction, as provided in this part, a notation in the storage record book
shall be made of the sale and of the amount received for the property. The person making the
sale may reject any and all bids if the amount bid is unreasonably low and may continue the
sale, from time to time, if no bidders are present. (Act 2020-138, §1.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-31-233.05.htm - 842 bytes - Match Info - Similar pages

22-23B-2
Section 22-23B-2 Definitions. The following words and phrases, whenever used in this chapter,
shall have the following respective meanings unless the context clearly indicates otherwise:
AUTHORITY. The corporation organized pursuant to the provisions of this chapter as a public
corporation, agency and instrumentality of the state and known as the "Alabama Drinking
Water Finance Authority." AUTHORIZING RESOLUTION. A resolution, order or other proceedings
adopted by the board of directors of the authority authorizing the issuance of bonds, agreements
and related matters. BOARD OF DIRECTORS. The board of directors of the authority. BOND PROCEEDS.
The net proceeds of sale of bonds or notes, and the income derived from the investment of
such proceeds. BONDS. The bonds, notes or obligations or other evidences of indebtedness issued
by the authority under the provisions of this chapter. DEPARTMENT. The Alabama Department
of Environmental Management or any successor. FEDERAL ACT. The Act of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-23B-2.htm - 6K - Match Info - Similar pages

32-2-83
Section 32-2-83 Disposal of vehicles. (a) Any other provisions to the law contrary notwithstanding,
the Secretary of the Alabama State Law Enforcement Agency shall be responsible for the disposal
of any agency vehicles or property. Such vehicles or property shall be sold by the Secretary
or his or her designee either at public auction or by a negotiated sale by the Alabama State
Law Enforcement Agency to any other state department or agency. The Alabama State Law Enforcement
Agency may sell vehicles and property under this subsection to any county or municipal law
enforcement agency or any county or municipal entity. Any state department or agency may negotiate
for the purchase of the vehicle or property for their use in compliance with state law. (b)
Every proposal to make a sale at public auction shall be advertised for at least two weeks
in advance of the date fixed for the auction. Such advertisement shall appear at least once
a week for two consecutive weeks in a newspaper of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/32-2-83.htm - 3K - Match Info - Similar pages

41-4-114
Section 41-4-114 Purchase of property from United States or its agencies. (a) Whenever it appears
advantageous to the state or any department, division, bureau, commission, board or other
agency thereof to purchase or otherwise acquire any equipment, supplies, material or other
property which may be offered for sale by the United States of America or any agency thereof,
the state Purchasing Agent may, with the approval of the Governor and the Director of Finance,
enter into a contract for such purchase with the federal government or with any federal agency
charged with the sale or disposition of such equipment, supplies, material or other property,
and, subject to the aforesaid approval, said state Purchasing Agent is hereby authorized to
execute such contract or contracts. (b) Subject to the approval of the Governor and the Director
of Finance, the state Purchasing Agent may enter a bid or bids in behalf of any department,
division, bureau, commission, board or other agency of the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-4-114.htm - 2K - Match Info - Similar pages

11-54-143
Section 11-54-143 Bonds issued to finance projects. All bonds issued by a municipality under
authority of this article shall be limited obligations of the municipality the principal of
and interest on which shall be payable solely out of the revenues derived from the leasing
of the project to finance which the bonds are issued. Bonds and interest coupons issued under
authority of this article shall never constitute an indebtedness of the municipality within
the meaning of any state constitutional provision or statutory limitation, and shall never
constitute nor give rise to a pecuniary liability of the municipality or a charge against
its general credit or taxing powers, and such fact shall be plainly stated in the face of
each such bond. Such bonds may be executed and delivered at any time and from time to time,
may be in such form and denominations, may be of such tenor, may be in registered or bearer
form either as to principal or interest or both, may be payable in such...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-54-143.htm - 2K - Match Info - Similar pages

11-54-24
Section 11-54-24 Bonds - Form, terms, denominations, etc.; execution, sale, delivery, redemption,
etc. All bonds issued by a municipality under authority of this article shall be limited obligations
of the municipality, the principal of and interest on which shall be payable solely out of
the revenues derived from the leasing of the project to finance which the bonds are issued.
Bonds and interest coupons issued under authority of this article shall never constitute an
indebtedness of the municipality within the meaning of any state constitutional provision
or statutory limitation and shall never constitute nor give rise to a pecuniary liability
of the municipality or a charge against its general credit or taxing powers, and such fact
shall be plainly stated in the face of each such bond. Such bonds may be executed and delivered
at any time and from time to time, may be in such form and denominations, may be of such tenor,
may be in registered or bearer form either as to principal or...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-54-24.htm - 2K - Match Info - Similar pages