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24-1-38
Section 24-1-38 Remedies conferrable upon obligees of authority by trust indenture,
mortgage, etc. Any authority shall have power by its trust indenture, mortgage, lease, or
other contract to confer upon any obligee holding, or representing, a specified amount in
bonds, lease, or other obligations, the right upon the happening of an "event of default"
as defined in such instrument: (1) By civil action in any court of competent jurisdiction
to obtain the appointment of a receiver of any housing project of the authority, or any part
or parts thereof. If such receiver be appointed, he may enter and take possession of such
housing project or any part or parts thereof, and operate and maintain same, and collect and
receive all fees, rents, revenues, or other charges thereafter arising therefrom in the same
manner as the authority itself might do and shall keep such moneys in a separate account or
accounts and apply the same in accordance with the obligations of the authority as the court...
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24-1-76
Section 24-1-76 Remedies conferrable upon obligees of authority by trust indenture,
mortgage, etc. Any authority shall have power by its trust indenture, mortgage, lease, or
other contract to confer upon any obligee holding or representing, a specified amount in bonds,
lease, or other obligations, the right upon the happening of an "event of default,"
as defined in such instrument: (1) By civil action in any court of competent jurisdiction
to obtain the appointment of a receiver of any housing project of the authority, or any part
or parts thereof. If such receiver be appointed, he may enter and take possession of such
housing project, or any part or parts thereof, and operate and maintain same, and collect
and receive all fees, rents, revenues, or other charges thereafter arising therefrom in the
same manner as the authority itself might do and shall keep such moneys in a separate account
or accounts and apply the same in accordance with the obligations of the authority as the
court...
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33-15-6
Section 33-15-6 Powers, duties and functions generally. The general powers, duties and
functions of the authority shall be as follows: (1) GENERAL. The authority: a. Shall have
perpetual succession in its corporate name; b. May bring civil actions and have civil actions
brought against it 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
federal, state and local governments, with agencies of such governments and with private individuals,
corporations, associations and other organizations, including the Bear Creek Watershed Association,
Inc., whether organized under the laws of Alabama or of another state, as the board may deem
necessary or convenient to enable it to carry out the purposes of this article, which authorization
shall include without limitation contracts and cooperative arrangements with any of the several
states and with counties and municipalities in...
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11-50-410
Section 11-50-410 Rights and remedies of bondholders and trustees. In addition to all
other rights and all other remedies, any holder or holders of any bond or bonds of any district
incorporated under this article, including a trustee for a bondholder, shall have the right,
subject to any contractual limitation binding upon such bondholder or holders or trustee and
subject to the prior or superior rights of others: (1) To bring an action on the bonds; (2)
To enforce its rights against the district and the board of directors, by mandamus or other
civil action or proceeding, including the right to require the district and such board to
fix and collect rates and charges adequate to carry out any agreement as to or pledge of the
revenues produced by such rates or charges and to require such district and such board to
carry out the other covenants and agreements with such bondholder and to perform its and their
duties under this article and under any mortgage, indenture of trust or...
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39-7-25
Section 39-7-25 Rights and remedies of bondholders. In addition to all other rights
and all other remedies any holder or holders of any bond or bonds of any authority incorporated
under this chapter, including a trustee for bondholders, shall have, subject to any contractual
limitations binding upon such bondholder or holders or trustee, and subject to the prior or
superior rights of others the following rights: (1) To institute a civil action on the bonds;
(2) To enforce his rights by mandamus or other civil action or proceeding against such authority
and the board of trustees of such authority, including the right to require such authority
and such board of trustees to fix and collect rates and charges adequate to carry out any
agreement as to or pledge of the revenues produced by such rates or charges and to require
such authority and such board to carry out any other covenants and agreements with such bondholder
and to perform its and their duties under this chapter; (3) To require...
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2-15-133
Section 2-15-133 Bonds or bond equivalents; financial statements and reports; liability
for payments. (a) No license as required under Section 2-15-132 shall be issued or
renewed until the applicant therefor shall make, execute, and thereafter maintain on file
with the commissioner a bond or a bond equivalent as provided in subsection (f) in favor of
the State of Alabama or a trustee to be approved by the commissioner to secure the performance
of obligations incurred in the State of Alabama and the payment thereof to persons from whom
such dealer purchases livestock. Except as otherwise provided in this subsection, the amount
of each bond shall be not less than the next multiple of two thousand dollars ($2,000) above
the average amount of purchases of livestock purchased either as a dealer or on an agency
basis in Alabama during a period equivalent to two business days based on the total number
of business days and the total amount of such transactions during the preceding 12 months
or...
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4-3-47
Section 4-3-47 Powers of authority generally. The authority shall have the following
powers, together with all powers incidental thereto or necessary to the discharge thereof
in corporate form: (1) To have succession by its corporate name for the duration of time (which
may be in perpetuity) specified in its certificate of incorporation; (2) To sue and be sued
in its own name in civil actions, excepting actions in tort against the authority; (3) To
adopt and make use of a corporate seal and to alter the same at pleasure; (4) To adopt and
alter bylaws for the regulation and conduct of its affairs and business; (5) To acquire, receive,
take and hold, whether by purchase, option to purchase, gift, lease, devise or otherwise,
property of every description, whether real, personal or mixed, whether in one or more counties
and whether within or without the corporate limits of any authorizing subdivision, and to
manage said property and to develop any property and to sell, exchange, lease or...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/4-3-47.htm - 16K - Match Info - Similar pages
37-11A-1
Section 37-11A-1 Execution and text of compact. The Governor, on behalf of this state,
shall execute a compact, in substantially the following form, with the State of Mississippi,
and the Legislature approves and ratifies the compact in the form substantially as follows:
Northeast Mississippi - Northwest Alabama Railroad Authority Compact. The contracting states
solemnly agree: Article I. The purpose of this compact is to promote and develop trade, commerce,
industry, and employment opportunities for the public good and welfare in northeast Mississippi
and northwest Alabama through the establishment of a joint interstate authority to acquire
certain railroad properties and facilities which the operator thereof has notified the Interstate
Commerce Commission of an intention to abandon and which are located in any of Franklin, Marion,
or Winston Counties, Alabama or in Alcorn or Tishomingo Counties, Mississippi. Article II.
This compact shall become effective immediately as to the State...
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33-18-1
Section 33-18-1 Alabama-Coosa-Tallapoosa River Basin Compact. The State of Alabama hereby
agrees to the following interstate compact known as the Alabama-Coosa-Tallapoosa River Basin
Compact: Alabama-Coosa-Tallapoosa River Basin Compact The States of Alabama and Georgia and
the United States of America hereby agree to the following compact which shall become effective
upon enactment of concurrent legislation by each respective state legislature and the Congress
of the United States. Short Title This act shall be known and may be cited as the "Alabama-Coosa-Tallapoosa
River Basin Compact" and shall be referred to hereafter in this document as the "ACT
Compact" or "compact." Article I Compact Purposes This compact among the States
of Alabama and Georgia and the United States of America has been entered into for the purposes
of promoting interstate comity, removing causes of present and future controversies, equitably
apportioning the surface waters of the ACT, engaging in water planning,...
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33-19-1
Section 33-19-1 Apalachicola-Chattahoochee-Flint River Basin Compact. The State of Alabama
hereby agrees to the following interstate compact known as the Apalachicola-Chattahoochee-Flint
River Basin Compact: Apalachicola-Chattahoochee-Flint River Basin Compact The States of Alabama,
Florida and Georgia and the United States of America hereby agree to the following compact
which shall become effective upon enactment of concurrent legislation by each respective state
legislature and the Congress of the United States. Short Title This Act shall be known and
may be cited as the "Apalachicola-Chattahoochee-Flint River Basin Compact" and shall
be referred to hereafter in this document as the "ACF Compact" or "compact."
Article I Compact Purposes This compact among the States of Alabama, Florida and Georgia and
the United States of America has been entered into for the purposes of promoting interstate
comity, removing causes of present and future controversies, equitably apportioning the...
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