33-2-97
Section 33-2-97 General provisions relative to additional inland waterways improvement bonds.
In order to provide funds for the purposes of this article, there are hereby authorized to
be sold and issued bonds of the state not exceeding $2,000,000.00 in aggregate principal amount,
under and subject to the provisions hereinafter set forth. The bonds shall be designated as
inland waterway improvement bonds of the state. The bonds shall be general obligations of
the state, for payment of the principal of and interest on which the full faith and credit
of the state are hereby irrevocably pledged. The bonds may be issued from time to time in
one or more series, shall bear an appropriate series designation, shall be in such form and
denominations and of such tenor and maturities, shall bear such rate or rates of interest
payable in such manner, may contain provisions for redemption prior to maturity, and may contain
other provisions not inconsistent herewith, all as shall be set forth in an...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/33-2-97.htm - 4K - Match Info - Similar pages

22-3A-15
of Health, to contract directly with county board(s) of health, with respect to the use of
bond proceeds to provide public health facilities. (b) The improvement of a facility shall
be deemed to include the alteration, modification, renovation, modernization, remodeling,
and equipping thereof and the construction of additions thereto; and the construction of a
facility shall be deemed to include the acquisition of real estate sites and equipment therefor.
Equipment shall mean any item of personal property having a useful life estimated by
the authority to be at least 10 years. (c) The preparation of all plans and specifications
for any building, or capital improvements to a building, constructed wholly or in part with
any of the proceeds from the sale of the bonds and all work done hereunder in constructing
buildings and capital improvements thereto shall be supervised by the Division of Construction
Management within the Department of Finance, or any agency that may be designated...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-3A-15.htm - 3K - Match Info - Similar pages

41-10-627
Section 41-10-627 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) Any refunding
bonds may be sold by the authority at public or private sale at such price or prices as may
be determined by the authority to be most advantageous, or may be exchanged for the bonds
to be refunded. Any such refunding bonds may be executed and delivered by...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-627.htm - 2K - Match Info - Similar pages

11-54-181
Section 11-54-181 Refunding bonds. Any bonds issued by an authority may from time to time be
refunded by the issuance, by sale or exchange, of refunding bonds payable from the same or
different sources for the purpose of paying all or any part of the principal of the bonds
to be refunded, 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,
any accrued and unpaid interest on the bonds to be refunded, 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, and the expenses incurred in connection with refunding; provided, that
unless duly called for redemption pursuant to provisions contained therein, the holders of
any such bonds then outstanding and proposed to be refunded shall not be compelled without
their consent to surrender their outstanding bonds for such refunding. Any...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-54-181.htm - 2K - Match Info - Similar pages

11-54A-12
Section 11-54A-12 Refunding bonds. Any bonds issued by the authority may from time to time
be refunded by the issuance, by sale or exchange, of refunding bonds payable from the same
or different sources for the purpose of paying all or any part of the principal of the bonds
to be refunded, 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,
any accrued and unpaid interest on the bonds to be refunded, 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, and the expenses incurred in connection with refunding; provided, that
unless duly called for redemption pursuant to provisions contained therein; the holders of
any such bonds then outstanding and proposed to be refunded shall not be compelled without
their consent to surrender their outstanding bonds for such refunding. Any...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-54A-12.htm - 2K - Match Info - Similar pages

11-89A-12
Section 11-89A-12 Refunding bonds. Any bonds issued or assumed by an authority may from time
to time be refunded by the issuance, by sale or exchange, of refunding bonds payable from
the same or different sources for the purpose of paying all or any part of the principal of
the bonds to be refunded, 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, any accrued and unpaid interest on the bonds to be refunded, 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, and the expenses incurred in connection with such refunding;
provided, that unless duly called for redemption pursuant to provisions contained therein,
the holders of any such bonds then outstanding and proposed to be refunded shall not be compelled
without their consent to surrender their outstanding bonds for such...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-89A-12.htm - 2K - Match Info - Similar pages

11-99B-8
Section 11-99B-8 Bonds of district - Form, terms, denominations; sale; execution and delivery;
refunding; liability thereon; security for payment of principal and interest and payment thereof
generally; provisions in trust indentures executed as security for payment of bonds generally.
All bonds issued by the district shall be signed by the chairman of its board or other chief
executive officer and attested by its secretary and the seal of the district shall be affixed
thereto, and any interest coupons applicable to the bonds of the district shall be signed
by the chairman of its board or other chief executive officer. Any such bonds may be executed
and delivered by the district at any time and from time to time, shall be in such form and
denominations and of such tenor and maturities, shall contain such provisions not inconsistent
with the provisions of this chapter, and shall bear such rate or rates of interest, or no
interest, payable and evidenced in such manner, as may be provided...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-99B-8.htm - 4K - Match Info - Similar pages

22-34-7
Section 22-34-7 Authority authorized to issue 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 25 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 obligations of each...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-34-7.htm - 1K - 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...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/4-3-54.htm - 4K - Match Info - Similar pages

41-10-44.6
Section 41-10-44.6 Project obligations generally. (a) Issuance of project obligations. The
authority is authorized and empowered to issue its project obligations from time to time for
the purpose of financing one or more projects in such aggregate principal amount as the board
of directors shall determine to be necessary to provide for all or a portion of the project
costs of the project or projects being financed and to pay the expenses of issuing the project
obligations. (b) Source of payment. All project obligations issued by the authority shall
be limited obligations of the authority payable solely from any combination of the following:
(1) The revenues and receipts of the authority derived from the financing agreement or agreements
entered into by the authority with respect to the project or projects financed by such project
obligations; (2) the income or proceeds realized by the authority under any mortgage or other
security granted to the authority; (3) amounts derived from any...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-44.6.htm - 7K - Match Info - Similar pages