4-3-17
Section 4-3-17 Security for bonds. In the discretion of the authority, any bonds may
be issued under and secured by an indenture between the authority and a trustee. Said trustee
may be a private person or corporation, including but not limited to any trust company or
bank having trust powers, whether such bank or trust company is located within or without
the state. In any such indenture or resolution providing for the issuance of bonds, the authority
may pledge, for payment of the principal of and the interest on such bonds, any of its revenues
to which its right then exists or may thereafter come into existence and may assign as security
for such payment, any of its leases, franchises, permits and contracts; and, in any such indenture
the authority may mortgage any of its properties, including any that may be thereafter acquired
by it. Any such pledge of revenues shall be valid and binding from the time it is made, and
the revenues so pledged and thereafter received by the authority...
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4-3-54
Section 4-3-54 Bonds - Security for payment of principal and interest. In the discretion
of the authority, any bonds may be issued under and secured by an indenture between the authority
and a trustee. Said trustee may be a private person or corporation, including, but not limited
to, any trust company or bank having trust powers, whether such bank or trust company is located
within or without the state. In any such indenture or resolution providing for the issuance
of bonds, the authority may pledge for payment of the principal of and the interest on such
bonds any of its revenues, rents, income or funds to which its right then exists or may thereafter
come into existence and may assign, as security for such payment, any of its leases, franchises,
permits and contracts and, in any such indenture, the authority may mortgage any of its properties,
including any that may be thereafter acquired by it. Any such pledge of revenues shall be
valid and binding from the time it is made, and the...
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41-16-72
Section 41-16-72 Procurement of professional services. Any other provision of law notwithstanding,
the procurement of professional services by any agency, department, board, bureau, commission,
authority, public corporation, or instrumentality of the State of Alabama shall be conducted
through the following selection process: (1)a. Except as otherwise provided herein, attorneys
retained to represent the state in litigation shall be appointed by the Attorney General in
consultation with the Governor from a listing of attorneys maintained by the Attorney General.
All attorneys interested in representing the State of Alabama may apply and shall be included
on the listing. The selection of the attorney or law firm shall be based upon the level of
skill, experience, and expertise required in the litigation and the fees charged by the attorney
or law firm shall be taken into consideration so that the State of Alabama receives the best
representation for the funds paid. Fees shall be...
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45-2-22.08
Section 45-2-22.08 Compensation for violation; arbitration. (a) Except as provided for
in this part, a supplier that has amended, modified, cancelled, terminated, or refused to
renew any agreement; or has caused a wholesaler to resign from any agreement; or has interfered
with, prevented, or unreasonably delayed, or where required by this part, has withheld or
unreasonably delayed consent to or approval of, any assignment or transfer of a wholesaler's
business, shall pay the wholesaler reasonable compensation for the diminished value of the
wholesaler's business, including any ancillary business which has been negatively affected
by the act of the supplier. The value of the wholesaler's business or ancillary business shall
include, but not be limited to, any good will. Provided, however, nothing contained in this
part shall give rise to a claim against the supplier or wholesaler by any proposed purchaser
of wholesaler's business. (b) Should either party, at any time, determine that...
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45-37-21.09
Section 45-37-21.09 Reasonable compensation for diminution of value of business of wholesaler;
arbitration. (a) Except as provided for in this part, a supplier that has amended, modified,
cancelled, terminated, or refused to renew any agreement; or has caused a wholesaler to resign
from any agreement; or has interfered with, prevented, or unreasonably delayed, or where required
by this part, has withheld or unreasonably delayed consent to or approval of, any assignment
or transfer of the business of the wholesaler, shall pay the wholesaler reasonable compensation
for the diminished value of the business of the wholesaler, including any ancillary business
which has been negatively affected by the act of the supplier. The value of the business or
ancillary business of the wholesaler shall include, but not be limited to, any good will.
Provided, however, nothing contained in this part shall give rise to a claim against the supplier
or wholesaler by any proposed purchaser of the business...
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45-37A-56.35
Section 45-37A-56.35 Security of bonds. In the discretion of the authority any bonds
may be issued under and secured by an indenture between the authority and a trustee. The trustee
may be a private person or corporation, including, but not limited to, any trust company or
bank having trust powers, whether such bank or trust company is located within or without
the state. In any such indenture or resolution providing for the issuance of bonds the authority
may pledge, for payment of the principal of and the interest on such bonds, any of its revenues
to which its right then exists or may thereafter come into existence and may assign, as security
for such payment, any of its leases, franchises, permits, and contracts; and in any such indenture
the authority may mortgage any of its properties, including any properties thereafter acquired
by it. Any such pledge of revenues shall be valid and binding from the time it is made, and
the revenues so pledged and thereafter received by the...
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45-49-23.07
Section 45-49-23.07 Compensation for violation; arbitration. (a) Except as provided
for in this part, a supplier that has amended, modified, cancelled, terminated, or refused
to renew any agreement; or has caused a wholesaler to resign from any agreement; or has interfered
with, prevented, or unreasonably delayed, or where required by this part, has withheld or
unreasonably delayed consent to or approval of, any assignment or transfer of a wholesaler's
business, shall pay the wholesaler reasonable compensation for the diminished value of the
wholesaler's business, including any ancillary business which has been negatively affected
by the act of the supplier. The value of the wholesaler's business or ancillary business shall
include, but not be limited to, any good will. Provided, however, nothing contained in this
part shall give rise to a claim against the supplier or wholesaler by any proposed purchaser
of wholesaler's business. (b) Should either party, at any time, determine that...
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11-32-7
Section 11-32-7 Powers of authority. (a) The authority shall exercise powers and duties
necessary to the discharge of its powers and duties in corporate form as follows: (1) Have
succession by its corporate name in perpetuity subject to Section 11-32-20. (2) Sue
and be sued in its own name in civil suits and actions and defend suits against it. (3) Adopt
and make use of a corporate seal and alter the same at its pleasure. (4) Adopt and alter bylaws
for the regulation and conduct of its affairs and business. (5) Acquire, receive, take, by
purchase, gift, lease, devise, or otherwise, and hold property of every description, real,
personal, or mixed, whether located in one or more counties or municipalities and whether
located within or outside the authorizing county. (6) Make, enter into, and execute contracts,
agreements, leases, and other instruments and take other actions as may be necessary or convenient
to accomplish any purpose for which the authority was organized, or exercise any...
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11-50-407
Section 11-50-407 Provisions in mortgages, deeds of trust, etc., executed as security
for bonds as to rights of parties thereto, etc.; execution, etc., of contracts as security
for repayment of moneys borrowed. (a) Any mortgage, deed of trust or pledge agreement made
by any district incorporated under this article for the security of any of its bonds or to
define the rights, remedies and privileges of the holders of such bonds and the duties of
the district to such holders may contain such agreements, obligations, covenants and provisions
as the board of directors may deem advisable respecting the operation and maintenance of the
gas system or systems and the collection and application of the revenues subject to such mortgage,
deed of trust or pledge agreement and respecting the rights and duties of the parties to such
instrument or the parties for the benefit of whom such instrument is made, with it being expressly
provided that any such mortgage or deed of trust may be subject to the...
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11-89A-8
Section 11-89A-8 Powers of authority; location of facilities of authority. (a) Every
authority shall have all of the powers necessary and convenient to carry out and effectuate
the purposes and provisions of this chapter, including (without limiting the generality of
the foregoing) the following powers: (1) To have succession in its corporate name for the
duration of time (which may be in perpetuity, subject to the provisions of Section
11-89A-21 specified in its certificate of incorporation); (2) To sue and be sued in its own
name in civil suits and actions and to defend suit against it; (3) To adopt and make use of
a corporate seal and to alter the same at pleasure; (4) To adopt, alter, and repeal bylaws,
regulations, and rules, not inconsistent with the provisions of this chapter, for the regulation
and conduct of its affairs and business; (5) To acquire, whether by gift, purchase, transfer,
foreclosure, lease, or otherwise, to construct and to expand, improve, operate, maintain,...

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