11-60-9
Section 11-60-9 Bonds - Form, terms, denominations, etc.; execution, sale, delivery, redemption,
etc.; refunding of bonds. All bonds issued by the corporation shall be payable solely out
of the revenues and receipts derived from the operation, leasing or sale by the corporation
of its projects or of any thereof as may be designated in the proceedings of the board of
directors under which the bonds shall be authorized to be issued. Such bonds may be executed
and delivered by the corporation at any time and from time to time, may be in such form and
denominations and of such tenor and maturities, may be in registered or bearer form either
as to principal or interest or both, may be payable at such time or times, not exceeding 40
years from the date thereof, may be payable at such place or places whether within or without
the State of Alabama, may bear interest at such rate or rates payable at such time or times
and at such place or places and evidenced in such manner, may be executed by...
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11-97-9
Section 11-97-9 Bonds of corporation generally. (a) Any corporation shall have the power to
issue, sell and deliver at any time and from time to time its bonds in such principal amount
or amounts 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 bonds, the
establishment of reserves to secure any such bonds and all other expenditures of such corporation
incident to and necessary or convenient to carry out its corporate purposes and powers. Any
corporation shall also have the power to issue from time to time bonds to renew bonds and
bonds to pay bonds, 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 have or
have not matured, and to issue bonds partly to refund bonds then outstanding and partly for
any other of its corporate purposes. (b) The bonds issued by any...
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22-23B-2
Section 22-23B-2 Definitions. The following words and phrases, whenever used in this chapter,
shall have the following respective meanings unless the context clearly indicates otherwise:
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 Drinking
Water Finance Authority." AUTHORIZING RESOLUTION. A resolution, order or other proceedings
adopted by the board of directors of the authority authorizing the issuance of bonds, agreements
and related matters. BOARD OF DIRECTORS. The board of directors of the authority. BOND PROCEEDS.
The net proceeds of sale of bonds or notes, and the income derived from the investment of
such proceeds. BONDS. The bonds, notes or obligations or other evidences of indebtedness issued
by the authority under the provisions of this chapter. DEPARTMENT. The Alabama Department
of Environmental Management or any successor. FEDERAL ACT. The Act of...
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9-6-17
Section 9-6-17 Provisions of chapter cumulative; provisions of chapter exclusive as to incorporation,
issuance of bonds, etc. This chapter is intended to aid the state in the execution of its
duties by providing appropriate and independent instrumentalities of the state with full and
adequate powers to fulfill their functions. The foregoing sections of this chapter shall be
deemed to provide additional and alternative methods for the doing of the things authorized
thereby and shall be regarded as supplemental and additional to and not in derogation of any
powers conferred upon boards of water and sewer commissioners created by municipalities within
this state or upon any other agencies of the state or the municipalities thereof which are
concerned with the control, abatement or prevention of water, air or general environmental
pollution. Neither this chapter nor any provision contained in this chapter shall be construed
as a restriction or limitation upon any power, right or remedy...
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16-17-10
Section 16-17-10 Bonds of authority. (a) All bonds issued by the authority shall be signed
by its chairman 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 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 the authority may be printed or otherwise reproduced on any such interest
coupons in lieu of his manually signing the same. (b) 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 such tenor and maturities, shall contain such provisions...
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16-17-11
Section 16-17-11 Contracts to secure bonds and assumed obligations. As security for payment
of the principal of and interest on bonds issued or obligations assumed by it, the authority
may enter into a contract or contracts binding itself for the proper application of the proceeds
of bonds and other funds, for the continued operation, maintenance and disposition (including
lease) of any ancillary improvements or part thereof owned by it, for the imposition and collection
of reasonable rentals from such ancillary improvements, for the disposition and application
of its gross revenues or any part thereof and for any other act or series of acts not inconsistent
with the provisions of this chapter for the protection of the bonds and other obligations
being secured and the assurance that the revenues from such ancillary improvements will be
sufficient to operate such ancillary improvements, maintain the same in good repair and in
good operating condition, pay the principal of and interest...
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16-18-11
Section 16-18-11 Bonds of authority. (a) All bonds issued by the authority shall be signed
by its chairman 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 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 the authority may be printed or otherwise reproduced on any such interest
coupons in lieu of his manually signing the same. (b) 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 such tenor and maturities, shall contain such provisions...
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16-18-12
Section 16-18-12 Contracts to secure bonds and assumed obligations. As security for payment
of the principal of and interest on bonds issued or obligations assumed by it, the authority
may enter into a contract or contracts binding itself for the proper application of the proceeds
of bonds and other funds, for the continued operation, maintenance and disposition (including
lease) of any ancillary improvements or part thereof owned by it, for the imposition and collection
of reasonable rentals from such ancillary improvements, for the disposition and application
of its gross revenues or any part thereof, and for any other act or series of acts not inconsistent
with the provisions of this chapter for the protection of the bonds and other obligations
being secured and the assurance that the revenues from such ancillary improvements will be
sufficient to operate such ancillary improvements, maintain the same in good repair and in
good operating condition, pay the principal of and interest...
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33-15-9
Section 33-15-9 Bonds and other obligations - Contracts to secure bonds and other obligations.
As security for payment of the principal of and interest on bonds issued or obligations assumed
by it, the authority may enter into a contract or contracts binding itself for the proper
application of the proceeds of bonds and other funds, for the continued operation and maintenance
of any facilities owned by it, or any part or parts thereof, for the imposition and collection
of reasonable rates for and the promulgation of reasonable regulations respecting any service
furnished from such facilities, for the disposition and application of its gross revenues
or any part thereof, and for any other act or series of acts not inconsistent with the provisions
of this chapter for the protection of the bonds and other obligations being secured and the
assurance that the revenues from such facilities will be sufficient to operate such facilities,
maintain the same in good repair and in good operating...
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41-10-149
Section 41-10-149 Construction of article generally; certain provisions exclusive. This article
is intended to aid the state in the execution of its duties by providing appropriate and independent
instrumentalities of the state with full and adequate powers to fulfill their functions. The
foregoing sections of this article shall be deemed to provide additional and alternative methods
for the doing of the things authorized thereby and shall be regarded as supplemental and additional
to and not in derogation of any powers conferred upon corporations created by municipalities
within this state or upon any other agencies of the state or the municipalities thereof which
are concerned with the restoration, renovation, preservation, improvement, protection or maintenance
of or interest in any public or private property that has been listed in the National Register
of Historic Places. Neither this article nor any provision contained in this article shall
be construed as a restriction or...
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