41-14-35
Section 41-14-35 Security for deposits or accounts. (a) All public deposits, as defined
in Chapter 14A, of the state shall be secured to the extent and in the manner provided in
Chapter 14A by any combination of the following securities and instruments, which may be issued
and held in either definitive or book-entry form: Direct obligations of the State of Alabama
or any other state of the United States; obligations of the United States government or that
are fully guaranteed as to payment of principal and interest by the United States; obligations
issued or guaranteed by any agency or instrumentality of the United States, including, without
limitation, the Government National Mortgage Association or any successor thereto, any Federal
Farm Credit Bank or any successor thereto, the Federal Housing Finance Board or any successor
thereto, the Federal Home Loan Bank System or any successor thereto, or any Federal Home Loan
Bank or any successor thereto; debt obligations, including, without...
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22-21-355
Section 22-21-355 Further provisions respecting investment of funds. In addition to
the investment powers granted by the enabling statute, any authority shall, to the extent
permitted by the contracts of such authority with the holders of its securities, have the
further power to invest any portion of the principal proceeds derived from the sale of any
of its securities not then needed for any of the purposes for which such securities were authorized
to be issued, any moneys held in any special fund created pursuant to any resolution or mortgage,
mortgage indenture, mortgage and trust indenture or trust indenture authorizing or securing
any of its securities, and any other moneys of such authority not then needed by it, in any
of the following: (1) Debt securities (whether general obligations or limited or special obligations)
of any state, territory or possession of the United States of America and of any political
subdivision of any such state, territory or possession, but if and...
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5-19A-2
Section 5-19A-2 Definitions. The following words and phrases shall have the following
meanings: (1) APPROPRIATE LAW ENFORCEMENT AGENCY. The sheriff of each county in which the
pawnbroker maintains an office, or the police chief of the municipality in which the pawnbroker
maintains an office. (2) ATTORNEY GENERAL. The Attorney General of the State of Alabama. (3)
PAWN TRANSACTION. Any loan on the security of pledged goods or any purchase of pledged goods
on condition that the pledged goods are left with the pawnbroker and may be redeemed or repurchased
by the seller for a fixed price within a fixed period of time. A "pawn transaction"
does not include the pledge to, or the purchase by, a pawnbroker of real or personal property
from a customer followed by the sale or the leasing of that property back to the customer
in the same or a related transaction. (4) PAWNBROKER. Any person engaged in the business of
lending money on the security of pledged goods left in pawn, or in the business of...
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11-28-4
Section 11-28-4 Authorization of refunding warrants. Each county may at any time and
from time to time issue refunding warrants for the purpose of refunding refundable debt then
outstanding, whether such refunding shall occur before, at or after the maturity of the refundable
debt to be refunded, and such refunding warrants shall be governed by the provisions of this
chapter as and to the same extent applicable to warrants authorized in Section 11-28-2.
In the discretion of the county commission of the issuing county, such refunding warrants
may be issued in exchange for the instruments evidencing the refundable debt to be refunded
or they may be sold and the proceeds thereof applied to the purchase, redemption or payment
of such instruments. Refunding warrants to be issued in exchange for outstanding instruments
evidencing refundable debt shall be issued in such principal amount and shall bear such interest
that the combined total of such principal amount and the interest accrued...
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22-34-1
Section 22-34-1 Definitions. The following words and phrases, whenever used in this
chapter, shall have the following respective meanings unless the context clearly indicates
otherwise: (1) 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
Water Pollution Control Authority." (2) AUTHORIZING RESOLUTION. A resolution or order
adopted by the board of directors of the authority authorizing the issuance of bonds by the
authority pursuant to this chapter or by a public body. (3) BOARD OF DIRECTORS. The board
of directors of the Alabama Water Pollution Control Authority. (4) BONDS. The "Water
Pollution Control Bonds," notes or obligations or other evidence of indebtedness issued
by the authority under the provisions of this chapter. (5) BOND PROCEEDS. The direct proceeds
of sale of bonds or notes, and the income derived from the investment of such proceeds. (6)
DEPARTMENT....
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45-49A-81.04
Section 45-49A-81.04 Investment of funds. All monies properly belonging to the fund
shall be kept in a separate account or accounts, and may, in the discretion of the persons
charged with the duties of administering the fund, be invested in any securities provided
by law to be a suitable investment for trust fund monies pursuant to the laws of this state
including, but not limited to, the following: (1) Bonds, notes, or other obligations of the
United States, or those guaranteed by the United States or for which the credit of the United
States is pledged for the payment of the principal and interest or the dividends thereof.
(2) State bonds pledging the full faith and credit of the state and revenue bonds additionally
secured by the full faith and credit of the state. (3) Bonds of the counties and municipalities
of the state which contain a pledge of full faith and credit of the county or municipality
which issues the bonds. (4) Savings accounts or certificates of deposit at any bank...
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9-16-89
Section 9-16-89 Performance bonds and bond releases. (a) After a surface coal mining
and reclamation permit application has been approved but before such a permit is issued, the
applicant shall file with the regulatory authority, on a form prescribed and furnished by
the regulatory authority, a bond for performance payable to the state and conditioned upon
faithful performance of all the requirements of this article and the permit. The bond shall
cover all lands disturbed by the surface coal mining operation and the amount of the initial
bond shall be such to cover that area of land within the permit area upon which the operator
will initiate and conduct surface coal mining and reclamation operations within the initial
term of the permit. As succeeding increments of surface coal mining and reclamation operations
are to be initiated and conducted within the permit area, the permittee shall file with the
regulatory authority an additional bond or bonds to cover such increments in...
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11-81-21
Section 11-81-21 Investment of funds obligation in which sinking funds may be invested.
Any municipal funds or county funds not presently needed for other purposes may be invested
in any obligations in which sinking funds are now authorized to be invested, pursuant to Section
11-81-19, and in addition in any of the following: (1) Direct obligations of (including obligations
issued or held in book entry form on the books of) the Department of the Treasury of the United
States of America; (2) Obligations of any of the following federal agencies, which obligations
represent the full faith and credit of the United States of America: a. Farmers Home Administration.
b. General Services Administration. c. U. S. Maritime Administration. d. Small Business Administration.
e. Government National Mortgage Association (GNMA). f. U. S. Department of Housing and Urban
Development (HUD). g. Federal Housing Administration (FHA). (3) U. S. dollar denominated deposit
accounts and certificates of deposit...
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23-1-314
Section 23-1-314 Bonds and notes - Payment generally. (a) For the purpose of providing
funds to enable the authority to pay at their respective maturities and due dates the principal
of and interest on the obligations that may be issued by it under this article at any time
after March 1, 2014, there hereby is irrevocably pledged and appropriated so much as shall
be necessary for the purpose of the state's share of net gasoline tax proceeds. (b) In addition,
for the purpose of providing funds to enable the authority to pay at their respective maturities
and due dates the principal of and interest on the obligations that may be issued by it under
this article, there hereby is irrevocably pledged and appropriated each year all federal aid
funds for federal aid projects to be received by the State Department of Transportation from
the United States government to the extent that such funds may be required to pay the principal
of and interest on such obligations. All federal aid funds for...
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26-9-10
Section 26-9-10 Investment of funds of estate by guardian; limitation as to loans of
funds of ward. (a) Every guardian shall invest the funds of the estate in one or more of the
following forms in which the guardian has no interest and not otherwise: (1) Interest-bearing
obligations of the State of Alabama or of the United States or as to which the State of Alabama
or the United States has guaranteed the payment of both principal and interest. (2) Loans
secured by direct first mortgage on improved real estate located within the State of Alabama.
Such loans shall not exceed 50 percent of the actual value fixed by a competent appraiser
or of the value for which such real estate, with improvements, was assessed for taxation for
the last preceding tax year, whichever is the lower, except as provided in subdivision (3)
of this section. (3) Purchase of indebtedness secured by first real estate mortgages
which have been accepted for insurance by the Secretary of Housing and Urban Development...

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