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16-16A-2
Section 16-16A-2 Definitions. As used in this chapter, the following words and phrases shall
have the following meanings: (1) AUTHORITY. The Public School and College Authority. (2) BASELINE
DATE. January 1, 2006. (3) 2005 BRAC. a. Closure actions according to the 2005 Base Closure
and Realignment Commission Report of the U.S. Department of Defense as they relate to Redstone
Arsenal. b. Subsequent BRAC Actions are closure actions according to any Base Closure and
Realignment Commission Report of the U.S. Department of Defense subsequent to the 2005 Base
Closure and Realignment Commission Report of the U.S. Department of Defense or administrative
actions by a United States government agency, department, or organization which positively
impact the number of Redstone Arsenal jobs. (4) BRAC DISTRIBUTIONS. Bond proceeds to be distributed
to the local school districts for purposes of and as allocated by this chapter. (5) BRAC IMPACTED
AREA. The geographic area within Madison County and the...
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16-17A-14
Section 16-17A-14 Default in payments. (a) If there should be any default in the payment of
the principal of, or interest on, any indebtedness issued under this chapter or of any agreements
contained in any security document, and the period for cure of the default has passed, then
the holder of the indebtedness and the trustee under any security document, or any one or
more of them, subject to the terms of the financing documents authorizing the indebtedness
or any security document applicable thereto: (1) May, by mandamus, injunction, or other proceedings,
compel performance of any covenant or agreement of the authority contained in any applicable
resolution or security document by its board or its officers. (2) May be entitled to a judgment
against the authority for the principal of and interest on the indebtedness so in default,
together with all reasonable costs of collection. (3) May, in the event the indebtedness is
secured by a mortgage on, or security interest in, any physical...
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16-18B-2
Section 16-18B-2 Definitions. Where used in this article the following words and terms shall
be given the following respective meanings unless the context hereof clearly indicates otherwise:
(1) AMENDMENT. The amendment to the constitution of the state authorizing the issuance of
the bonds. (2) CORPORATION. The public corporation authorized to be created by this article.
(3) BOARD OF DIRECTORS. The board of directors of the corporation. (4) BONDS. The bonds issued
under this article. (5) CODE. The Code of Alabama 1975, as amended. (6) GOVERNMENT SECURITIES.
Any bonds or other obligations which as to principal and interest constitute direct obligations
of, or are unconditionally guaranteed by, the United States of America, including obligations
of any federal agency to the extent such obligations are unconditionally guaranteed by the
United States of America and any certificates or any other evidences of an ownership interest
in such obligations of, or unconditionally guaranteed by, the...
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22-21-323
hospital tax proceeds) out of which any such securities are payable, the rights or duties of
the parties to such instrument or the parties for the benefit of whom such instrument is made
and the rights and remedies of such parties in the event of default, and may also contain
provisions restricting the individual rights of action of the holders of any such securities.
Any such indenture may be filed in the office of the judge of probate of any county in which
any of the property, real, personal or mixed, subject to the lien thereof is, or is
anticipated to be, located, and the lien of such indenture shall, with respect to all personal
property and fixtures subject thereto (including after-acquired property) and notwithstanding
any contrary provisions of, and without compliance with, the Alabama Uniform Commercial Code
(Title 7), be valid and binding against all parties having claims of any kind against the
authority, irrespective of whether the parties have actual notice thereof,...
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22-21-363
Section 22-21-363 Application for certificate of authority; contents. (a) The incorporators
shall file with the commissioner an application for a certificate of authority to do business
upon a form to be furnished by the department, which shall include or have attached the following:
(1) The names, and for the preceding 10 years, all addresses and all occupations of all incorporators
and proposed directors and officers; (2) A certified copy of the corporate articles and bylaws
and all amendments thereto, a list of the names, addresses, and occupations of all directors
and principal officers and, if previously incorporated, for the three most recent years, the
corporation annual statements and reports; (3) All agreements relating to the corporation
to which any incorporator or proposed director or officer is a party; (4) A statement of the
amount and sources of the funds available for organization expenses and the proposed arrangements
for reimbursement and compensation of incorporators...
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23-2-144
Except for the state and any political subdivision thereof, the other entities listed above
may issue bonds for the purpose of financing the costs of any funds or property provided to
the authority of a project. (7) To fix and revise, from time to time, charge, and collect
tolls for transit over or through toll road, bridge, and tunnel projects constructed by it
or on its behalf. (8) To establish rules and regulations for the use of any project. (9) To
acquire, hold, and dispose of real and personal property. (10) To acquire in the name
of the authority, by purchase or otherwise, on the terms and conditions and in a manner as
it may deem proper, or by condemnation in accordance with the provisions of Title 18, and
other provisions of law, insofar as the same may be applicable, any land and other property
or any easement or interest therein, which it may determine is reasonably necessary for any
toll road, bridge, or tunnel project or for its protection and preservation, or for the...
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27-43-8
Section 27-43-8 Filing of application for certificate of authority; contents of application;
issuance of certificate. (a) The incorporators shall file with the commissioner an application
for a certificate of authority to do business upon a form to be furnished by the department,
which shall include or have attached the following: (1) The names and, for the preceding 10
years, all addresses and all occupations of all incorporators and proposed directors and officers;
(2) A certified copy of the corporate articles and bylaws and a list of the names, addresses,
and occupations of all directors and principal officers and, if previously incorporated, for
the three most recent years, the corporation annual statements and reports; (3) All agreements
relating to the corporation to which any incorporator or proposed director or officer is a
party; (4) A statement of the amount and sources of the funds available for organization expenses
and the proposed arrangements for reimbursement and...
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41-16-51
and those providing the service. (11) Purchases of computer and word processing hardware when
the hardware is the only type that is compatible with hardware already owned by the entity
taking bids and custom software. (12) Professional services contracts for codification and
publication of the laws and ordinances of municipalities and counties. (13) Contractual services
and purchases of commodities for which there is only one vendor or supplier and contractual
services and purchases of personal property which by their very nature are impossible
to award by competitive bidding. (14) Purchases of dirt, sand, or gravel by a county governing
body from in-county property owners in order to supply a county road or bridge project in
which the materials will be used. The material shall be delivered to the project site by county
employees and equipment used only on projects conducted exclusively by county employees. (15)
Contractual services and purchases of products related to, or having...
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45-27A-31.08
prosecute and defend civil actions in any court having jurisdiction of the subject matter and
of the parties. (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, whether by purchase, construction, exchange, gift, lease, or otherwise and
to refinance existing indebtedness on, improve, maintain, equip, and furnish one or more projects,
including all real and personal properties which the board of the authority may deem
necessary in connection therewith, regardless of whether or not any such projects shall then
be in existence. (6) To lease to others any or all of its projects and to charge and collect
rent therefor, and to terminate any such lease upon the failure of the lessee to comply with
any of the obligations thereof. (7) To sell, exchange, donate, or convey and to grant options
to any lessee to acquire any of its projects and any or all of its...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-27A-31.08.htm - 7K - Match Info - Similar pages
45-41A-10.08
prosecute and defend civil actions in any court having jurisdiction of the subject matter and
of the parties. (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, whether by purchase, construction, exchange, gift, lease, or otherwise and
to refinance existing indebtedness on, improve, maintain, equip, and furnish one or more projects,
including all real and personal properties which the board of the authority may deem
necessary in connection therewith, regardless of whether or not any such projects shall then
be in existence. (6) To lease to others any or all of its projects and to charge and collect
rent therefor, and to terminate any such lease upon the failure of the lessee to comply with
any of the obligations thereof. (7) To sell, exchange, donate, or convey and to grant options
to any lessee to acquire any of its projects and any or all of its...
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