16-16B-5
Section 16-16B-5 (Implementation Conditioned on Separate Legislative Enactment.) Sale
of the bonds. The Bonds may be sold by the Authority from time to time in series, and if sold
in more than one series, may all be authorized in one initial resolution of the Authority
with the pledges therefor made by the Authority in such initial resolution although some of
the details applicable to each series may be specified in the respective resolutions under
which the different series are issued. The Authority, in the course of establishing, by resolution,
a principal amount of Bonds to be authorized for sale at any given time, or to be sold in
any series, may take into account the existence of any unexpended proceeds of prior issues
of bonds of the Authority (and of any other issuer, if such should be deemed by the Authority
to be relevant), and may structure the portions of the allocations provided for in Section
16-16B-9 to be distributed from the proceeds of a particular series (constituting...
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33-13-12
Section 33-13-12 Bonds - Disposition of proceeds; investments. The authority shall pay
out of the proceeds from the sale of any of the bonds (other than refunding bonds) those expenses
which the board of directors may deem necessary or advantageous in connection with the sale
or issuance thereof. The proceeds from the sale of all bonds, other than refunding bonds,
remaining after paying the expenses of their sale and issuance shall be turned in to the treasury
of the State Docks Department, shall be carried in a special fund therein and shall be subject
to be drawn on by the State Docks Department, upon the approval of the authority, but solely
for the respective purposes for which they were authorized to be issued, viz., payment of
costs incurred in the development, construction, improvement, expansion and modernization
(or any of them) of the state docks facilities at the Port of Mobile, as the state facilities
may from time to time exist. The proceeds from the sale of any refunding...
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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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16-16-14.1
Section 16-16-14.1 Sale of bonds and other details of bonds. From and after August 14,
2009, bonds issued by the authority under subsection (b) of Section 3 of Act 98-373
may be sold by negotiated sale or by competitive bid at such price or prices and at such time
or times as the authority may consider advantageous. In addition, bonds hereafter issued by
the authority under subsection (b) of Section 3 of Act 98-373 may bear such maturities,
may be subject to redemption, or may not be subject to redemption, all on such terms as the
authority may consider advantageous. Notwithstanding any other provision of law, bonds, notes,
or other debt obligations issued under the provisions of the American Recovery and Reinvestment
Act of 2009 or other governmental program providing cost-savings or conditions acceptable
to the authority may be issued by the authority after review by the Alabama Public School
and College Education Incentive Fund Council created in Section 16-16-15. The council
shall...
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41-10-60
Section 41-10-60 Disposition of proceeds from sale of bonds and refunding bonds. (a)
The authority shall pay out of the proceeds from the sale of any of the bonds all expenses,
including fees of agents and attorneys and other charges, which said board of directors may
deem necessary or advantageous in connection with the issuance of the bonds. The proceeds
of the bonds, other than refunding bonds, remaining after paying the expenses of their issuance
shall be turned over to the State Treasurer and shall be carried by him in a special account
to the credit of the authority and shall be subject to be drawn on by the authority solely
for the purposes of acquiring real estate suitable for the purpose of the authority in Jefferson
County, Alabama, including all expenses reasonably necessary in connection with such acquisition,
and erecting, constructing and equipping on such real estate exhibition halls, buildings,
warehouses, storage facilities, parking areas and other structures and...
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45-29-90.13
Section 45-29-90.13 Execution of bonds; pledge of revenues, receipts, and other security.
All bonds issued by the authority shall be signed by the chair 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 chair;
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 of directors 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 from time to time, shall be in...
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16-65-6
Section 16-65-6 Bonds generally. (a) Issuance of bonds. The authority is authorized
and empowered to issue its bonds from time to time for the purpose of making equipment loans
to finance equipment costs incurred or to be incurred by educational institutions. Such bonds
may be in such aggregate principal amount as the board of directors shall determine to be
necessary to pay the equipment costs included in such financing. The authority may pay from
the proceeds of the sale of its bonds all expenses, including publication and printing charges,
attorneys' fees, financial advisory fees, and other expenses which the board of directors
may deem necessary or advantageous in connection with the authorization, advertisement, sale,
execution, and issuance of its bonds or the making of equipment loans from the proceeds thereof.
(b) Source of payment. All bonds issued by the authority shall be limited obligations of the
authority payable solely from any combination of the following: (1) The...
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41-10-360
Section 41-10-360 Sale of bonds at public auction; rejection of bids; notice of sale;
terms and conditions of sale; expenses, fees, etc.; recital that bonds issued pursuant to
article. Each series of the bonds shall be sold at such time or times as the directors may
determine at public sale pursuant to competitive bidding, either on sealed bids or at public
auction, to the bidder whose bid reflects the lowest total net interest cost to the authority
for the bonds being sold, computed from the date of those at the time being sold to their
respective maturities; provided, that if no bid acceptable to the authority is received it
may reject all bids. Notice of the sale of any bonds at public sale shall be given either
(1) by publication in either a financial journal or a financial newspaper published in the
City of New York, New York, or (2) by publication in a newspaper published in the state which
is customarily published not less often than six days during each calendar week, which...

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14-2-19
Section 14-2-19 Bonds - Disposition of proceeds. (a) All proceeds derived from the sale
of any bonds, except refunding bonds, sold by the authority, remaining after payment of the
expenses of issuance thereof, shall be turned over to the State Treasurer, shall be carried
in a special account to the credit of the authority, and shall be subject to be drawn on by
the authority solely for the purposes of: (1) Acquiring land for and constructing, reconstructing
and equipping thereon one or more facilities; (2) Constructing additional improvements on
property currently owned by the Department of Corrections or the authority in order to provide
for additional bedspace; (3) Paying all reasonable and necessary expenses incidental thereto,
including filing, recording, surveying, legal and engineering fees and expenses; (4) Paying
the interest which will accrue on the said bonds during the period required for the construction
and equipment of the said facilities and for a period not exceeding...
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11-62-8
Section 11-62-8 Bonds and notes generally - Form, terms, denominations, etc.; execution,
sale, delivery, redemption, etc.; security for payment of principal or interest; remedies
upon default; liability of municipalities, board, etc., thereupon. (a) Any authority shall
have power to issue from time to time its bonds and notes in such principal amount as its
board shall determine to be necessary to provide sufficient funds for achieving any of its
corporate purposes, including the payment of interest on any of its notes and bonds, the establishment
of reserves to secure any such notes and bonds and all other expenditures of such authority
incident to and necessary or convenient to carry out its corporate purposes and powers. Any
authority shall also have the power to issue from time to time notes to renew notes and bonds
to pay notes, including interest thereon and, whenever it deems refunding expedient, to refund
any bonds by the issuance of new bonds, whether the bonds to be refunded...
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