22-34-12
Section 22-34-12 Investment in authority bonds. The State Treasurer may invest any idle or surplus moneys of the state in bonds of the authority. The governing body of any county or municipality is authorized in its discretion to invest any idle or surplus money held in its treasury in bonds of the authority. Such bonds shall be legal investments for executors, administrators, trustees and other fiduciaries, unless otherwise directed by the court having jurisdiction of the fiduciary relation or by the document that is the source of the fiduciary's authority, and for savings banks and insurance companies organized under the laws of the state. (Acts 1987, No. 87-226, p. 317, §12.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-34-12.htm - 995 bytes - Match Info - Similar pages
22-23A-12
Section 22-23A-12 Investment in bonds of authority. The State Treasurer may invest any idle or surplus moneys of the state in bonds of the authority. The governing body of any county or municipality is authorized in its discretion to invest any idle or surplus money held in its treasury in bonds of the authority. Such bonds shall be legal investments for executors, administrators, trustees and other fiduciaries, unless otherwise directed by the court having jurisdiction of the fiduciary relation or by the document that is the source of the fiduciary's authority, and for savings banks and insurance companies organized under the laws of the state. (Acts 1988, 1st Ex. Sess., No. 88-857, p. 338, §12.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-23A-12.htm - 1015 bytes - Match Info - Similar pages
16-65-10
Section 16-65-10 Investment in bonds. The State Treasurer may invest any idle or surplus moneys of the state in bonds of the authority. The governing body of any county or municipality is authorized in its discretion to invest any idle or surplus money held in its treasury in bonds of the authority. Such bonds shall be legal investments for executors, administrators, trustees, and other fiduciaries, unless otherwise directed by the court having jurisdiction of the fiduciary relation or by the document that is the source of the fiduciary's authority, and for savings banks and insurance companies organized under the laws of the state. (Acts 1997, No. 97-388, p. 632, §10.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-65-10.htm - 985 bytes - Match Info - Similar pages
24-1A-10
Section 24-1A-10 Bonds eligible for investment by state and local governments and by executors, trustees, etc. The State Treasurer may invest any idle or surplus moneys of the state in bonds of the authority. The governing body of any county or municipality is authorized in its discretion to invest any idle or surplus money held in its treasury in bonds of the authority. Such bonds shall be legal investments for executors, administrators, trustees and other fiduciaries, unless otherwise directed by the court having jurisdiction of the fiduciary relation or by the document that is the source of the fiduciary's authority, and for savings banks and insurance companies organized under the laws of the state. (Acts 1980, No. 80-585, p. 899, §12.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/24-1A-10.htm - 1K - Match Info - Similar pages
45-46-90.08
Section 45-46-90.08 Bonds of the authority. (a) All bonds issued by the authority shall be signed by the chair of its board, or other chief executive officer, and attested by its secretary, 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 of its board, or other chief executive officer; 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, or other chief executive officer, may be printed or otherwise reproduced on any such interest coupons in lieu of his or her manually signing the same. (b) Any such bonds may be executed and delivered by the authority at...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-46-90.08.htm - 5K - Match Info - Similar pages
11-95-8
Section 11-95-8 Bonds of corporation - From what source payable; pledge of revenues; execution; form, interest rate, maturity, sale, and negotiability; nature of obligation and source of payment; investment eligibility. (a) All bonds issued by a corporation shall be payable solely from one or more of the following sources as may be designated in the proceedings of the board under which such bonds shall be authorized to be issued: (1) Hospital taxes; and (2) Revenues from any hospital facilities owned or operated by it. (b) The principal of and interest on any bonds issued by a corporation shall be secured by a pledge of the designated revenues and may be secured by a trust indenture evidencing such pledge or by a non-foreclosable mortgage and deed of trust conveying as security for such bonds all or any part of the property of the corporation from which any part of the designated revenues so pledged may be derived. The resolution of the board under which the bonds are authorized to be...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-95-8.htm - 4K - Match Info - Similar pages
37-11A-1
by the Governor, or upon its otherwise becoming a law, and when the State of Mississippi ratifies the compact. Article III. For purposes of this compact, the following terms shall have the following meanings: (1) Person means an individual, a corporation, a partnership, or any other entity. (2) Railroad means a common carrier by railroad as defined in Section 1(3) of Part I of the Interstate Commerce Act [codified as 49 U.S.C. §1(3)]. (3) Railroad properties and facilities mean any real or personal property or interest in property which is owned, leased, or otherwise controlled by a railroad or other person, including, without limitation, the authority, and which are used or are useful in rail transportation service, including, without limiting the generality of the foregoing: a. Track, roadbed, and related structures, including rail, ties, ballast, other track materials, grading, tunnels, bridges, trestles, culverts, elevated structures, stations, office buildings used for operating...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/37-11A-1.htm - 33K - Match Info - Similar pages
37-13-17
Section 37-13-17 Investment of county and municipal funds in bonds of authority. The governing body of any county, city or town within this state is authorized in its discretion to invest in bonds of the authority any idle or surplus money held in its treasury. (Acts 1984, No. 84-179, p. 256, §17.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/37-13-17.htm - 607 bytes - Match Info - Similar pages
4-3-20
Section 4-3-20 Investment of county, municipal, etc., funds in bonds. The governing body of any county, city or town within this state is authorized, in its discretion, to invest in bonds of the authority any idle or surplus money held in its treasury. (Acts 1963, No. 265, p. 696, §17.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/4-3-20.htm - 592 bytes - Match Info - Similar pages
4-3-57
Section 4-3-57 Investment of county or municipal funds in bonds. The governing body of any county or municipality within this state is authorized, in its discretion, to invest in bonds of the authority any idle or surplus money held in its treasury. (Acts 1977, No. 331, p. 433, §18.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/4-3-57.htm - 589 bytes - Match Info - Similar pages
|