Code of Alabama

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22-21-322
Section 22-21-322 Execution of securities. All securities of an authority shall be signed in
the name and behalf of the authority by its chairman or vice-chairman, and the seal of the
authority shall be affixed thereto and attested by its secretary or an assistant secretary;
provided, that a facsimile of the signature of one, but not both, of the officers whose signature
will appear on such securities may be imprinted or otherwise reproduced on any thereof in
lieu of his manually signing the same; and provided further, that a facsimile of the seal
of the authority may be imprinted, or otherwise reproduced, on any such securities in lieu
of being manually affixed thereto. Any coupons applicable to any securities of the authority
shall be signed either manually by, or with a facsimile of the signature of, the chairman
or the vice-chairman of the authority. If after any such securities or coupons shall be so
signed, whether manually or by facsimile, any such officer shall, for any reason,...
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11-101A-13
Section 11-101A-13 Signature and seal. All securities of an authority shall be signed in the
name and on behalf of the authority by the chair or vice-chair of the board, and the seal
of the authority shall be affixed thereto and attested by its secretary or an assistant secretary.
Notwithstanding the foregoing, a facsimile of the signature of one or both of the officers
whose signature will appear on the securities may be imprinted or otherwise reproduced on
any thereof in lieu of manually signing the same, but in the event both signatures are imprinted
or otherwise reproduced thereon in facsimile, the securities shall be authenticated on behalf
of the registrar therefor by a manual signature. A facsimile of the seal of the authority
may be imprinted, or otherwise reproduced, on any securities in lieu of being manually affixed
thereto. If after any securities shall be so signed, whether manually or by facsimile, and
any officer shall, for any reason, vacate office, the securities so...
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11-92A-14
Section 11-92A-14 Bonds of authority. (a) Bonds of an authority shall be signed by its chairman
and attested by its secretary, the seal of the authority shall be affixed thereto, and any
interest coupons applicable to said bonds shall be signed by the chairman; provided that a
facsimile of the signature of said officers may be printed or otherwise reproduced on any
such bonds in lieu of being manually subscribed thereon, a facsimile of the seal of the authority
may be printed or otherwise produced on any such bonds in lieu of being manually affixed thereto,
and a facsimile of the chairman's signature may be printed or otherwise reproduced on any
such interest coupons in lieu of being manually subscribed thereon, provided that the bonds
have been manually authenticated by a transfer agent of the bond issue. Delivery of the bonds
so executed shall be valid notwithstanding any changes in officers or in the seal of the authority
after the signing and sealing of the bonds. (b) Any bonds may...
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33-15-8
Section 33-15-8 Bonds and other obligations - Generally. All bonds issued by the authority
shall be signed by the chairman of its board of directors and attested by its secretary-treasurer,
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 said chairman; provided, that a facsimile
of the signature of one, but not both, of said officers may be printed or otherwise reproduced
on any such bonds in lieu of his 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 chairman of its board of directors
may be printed or otherwise reproduced on any such interest coupons in lieu of his manually
signing the same. Any such bonds may be executed and delivered by the authority at any time
and from time to time, shall be in such form and denominations and of...
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22-21-182
Section 22-21-182 Borrowing by corporation generally; debts not obligations of state, counties
or municipalities; tax exemptions. (a) All securities of the corporation shall be signed in
the name and behalf of the corporation by its chairman and attested by its secretary, but
a facsimile of the signature of one, but not both, of such officers may be printed thereon
in lieu of the manual signature of such officer, and the seal of the corporation shall be
affixed thereto or a facsimile thereof printed thereon. Any interest coupons applicable to
any securities of the corporation shall be signed by its chairman, but a facsimile of such
chairman's signature may be printed on any such interest coupons in lieu of his manually signing
the same. Any securities of the corporation may be executed and delivered by it at any time
and from time to time, shall be in such form and denomination and of such tenor and maturity
or maturities not exceeding 40 years from their date, shall contain such...
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2-3A-8
Section 2-3A-8 Bonds of the authority. (a) Source of payment. All bonds issued by the authority
shall be payable solely out of the revenues and other receipts of the authority as may be
designated in the proceedings of the board under which the bonds shall be authorized to be
issued. (b) Pledge of revenues and other security. The principal of and interest on any bonds
issued by the authority shall be secured by a pledge of the revenues and other receipts out
of which the same may be payable and may be secured by a trust indenture evidencing such pledge
or by a foreclosable mortgage and deed of trust conveying as security for such bonds all or
any part of the property of the authority from which the revenues so pledged may be derived.
The resolution under which the bonds are authorized to be issued or any such trust indenture
or mortgage may contain any agreements and provisions respecting the maintenance and insurance
of the property covered by such trust indenture or mortgage, the use...
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11-50A-9
Section 11-50A-9 Issuance of bonds; prerequisites; procedure; provisions; execution; bond resolution
covenants. (a) The authority shall, prior to the adoption by the board of a resolution authorizing
the issuance of any bonds, enter into one or more contracts with two or more municipalities
which are authorized to contract with the authority pursuant to Section 11-50A-17. Any resolution
of the board authorizing the issuance of bonds may authorize those bonds to be issued in more
than one series, and the issuance of each series of bonds so authorized by that resolution
need not be preceded by the entering into by the authority of additional contracts pursuant
to Section 11-50A-17. (b) The board may by resolution or resolutions authorize the issuance
of bonds. Unless otherwise provided therein, the resolution or resolutions shall take effect
immediately and need not be published or posted. The board may authorize such types of bonds
as it may determine, subject only to any agreement with...
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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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37-13-12
Section 37-13-12 Bonds of authority - Execution. All bonds shall be signed by the chairman
or vice-chairman and the secretary or treasurer of the authority and the seal of the authority
shall be affixed thereto. A facsimile of the signature of one, but not both, of the officers
whose signatures will appear on the bonds may be imprinted or otherwise reproduced thereon
in lieu of his manually signing the same; provided, however, that a facsimile of the signature
of both such officers may be imprinted or reproduced on such bonds if such bonds are required
to be authenticated by the manual signature of the duly designated registrar of such bonds,
or an authorized officer of such registrar; and provided further, that a facsimile of the
seal of the authority may be imprinted or otherwise reproduced on the bonds in lieu of being
manually affixed thereto. Coupons shall be signed by the chairman or vice-chairman and the
secretary or treasurer of the authority, but a facsimile of the signature...
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4-3-53
Section 4-3-53 Bonds - Execution and delivery. All bonds shall be signed by the chairman or
vice-chairman and the secretary or treasurer of the authority and the seal of the authority
shall be affixed thereto; provided, that a facsimile of the signature of one, but not both,
of the officers whose signatures will appear on the bonds may be imprinted or otherwise reproduced
thereon in lieu of his manually signing the same; provided further, that a facsimile of the
seal of the authority may be imprinted or otherwise reproduced on the bonds in lieu of being
manually affixed thereto. Coupons shall be signed by the chairman or vice-chairman and the
secretary or treasurer of the authority, but a facsimile of the signature of such chairman
or vice-chairman and such secretary or treasurer may be impressed or otherwise reproduced
on any such interest coupons in lieu of their manually signing the same. Delivery of bonds
so executed shall be valid notwithstanding any changes in officers or in the...
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