9-14A-14
Section 9-14A-14 Bonds - Proceeds - Alabama Public Historical Sites and Parks Improvement Fund.
The proceeds derived from the sale of each series of the bonds issued pursuant to this chapter
by the Alabama Public Historical Sites and Parks Improvement Corporation other than refunding
bonds shall be paid into the State Treasury upon receipt thereof, and the State Treasurer,
on the advice of the officers of the corporation, shall keep such proceeds, as well as all
income received from the investment and reinvestment of such proceeds (including income derived
from the investment and reinvestment of previously derived income), in a special fund in the
State Treasury, designated "The Alabama Public Historical Sites and Parks Improvement
Fund," pending the expenditure of such proceeds and income for the purposes hereinafter
authorized and as required by said amendment. All proceeds so deposited in the State Treasury
shall be continuously invested by the State Treasurer, on the advice of the...
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11-81-166
Section 11-81-166 Revenue bonds - Authority for issuance; authorization proceedings generally;
form, terms, denominations, etc.; execution and delivery generally; maturity and sale; payment
generally; trust indentures. (a) Any borrower may issue its revenue bonds for the purpose
of: (1) Financing the acquisition, improvement, enlargement, extension and repair, or any
of them, of a system or systems; (2) Refunding the principal of and the interest on any bonds
of such borrower theretofore issued under this article and then outstanding, whether or not
such principal and interest shall have matured at the time of such refunding; or (3) Financing
any such acquisition, improvement, enlargement, extension and repair, or any of them, and
refunding any such principal and interest. (b) Any bonds issued under this article shall be
made payable solely out of the revenues from the operation of a system or systems of the borrower
and may be made payable from any such revenues without regard to...
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41-9-962
Section 41-9-962 Authority to issue revenue bonds; purposes; redemption; maturity date limitation;
public or private sale; obligations of project not state; security. (a) The commission shall
have the power and authority to issue and sell at any time its revenue bonds for the purpose
of providing funds to acquire, transport, outfit, renovate, maintain, improve, and berth the
items relevant to the Tuskegee Airmen and other related historic artifacts and to construct,
improve, enlarge, complete, maintain, operate, and equip the museum established in this article
and for the payment of obligations incurred. (b) The principal of and interest on any bonds
shall be payable solely out of the revenues derived from the project. All bond service payments
shall be subordinate to the acquisition, establishment, and maintenance of a reasonable maintenance
and operating fund. (c) Any bonds of the commission may be delivered by the commission at
any time and shall be in such form and denominations...
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11-50-345
Section 11-50-345 Issuance of revenue bonds authorized; form, terms, denominations, etc.; execution,
sale, etc.; disposition of proceeds from sale of bonds; issuance of interim receipts or temporary
bonds. (a) Any board of water and sewer commissioners created under the provisions of this
article is hereby authorized by resolution, at one time or from time to time, to issue revenue
bonds of the board for the purpose of paying all or any part of the cost of any water system
or sewer system or any combination thereof and the cost of any improvements, extensions, and
additions and for the purpose of refunding any bonds or obligations assumed by the board in
connection with the acquisition of such system or systems or part thereof. The principal of
and the interest on such bonds shall be payable solely from the funds provided by this article
for such payment. The bonds of each issue shall be dated, shall bear interest at such rate
or rates not exceeding 10 percent per annum, shall mature...
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11-99B-8
Section 11-99B-8 Bonds of district - Form, terms, denominations; sale; execution and delivery;
refunding; liability thereon; security for payment of principal and interest and payment thereof
generally; provisions in trust indentures executed as security for payment of bonds generally.
All bonds issued by the district shall be signed by the chairman of its board or other chief
executive officer and attested by its secretary and the seal of the district shall be affixed
thereto, and any interest coupons applicable to the bonds of the district shall be signed
by the chairman of its board or other chief executive officer. Any such bonds may be executed
and delivered by the district 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 not inconsistent
with the provisions of this chapter, and shall bear such rate or rates of interest, or no
interest, payable and evidenced in such manner, as may be provided...
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16-18B-10
Section 16-18B-10 Bonds - Execution; facsimiles; validity. The bonds of each series thereof
issued pursuant to this article shall be sold by said corporation at public sale as provided
in the amendment. The bonds shall be executed in the name of the state by the Governor and
countersigned by the secretary of the corporation, and the Great Seal of the State shall be
impressed thereon and attested by the Secretary of State. A facsimile of the signature of
each such official may be imprinted on any of the bonds in lieu of being manually inscribed
thereon, and a facsimile of the Great Seal of the State may be printed on the bonds in lieu
of such seal being manually impressed thereon. Each such facsimile signature shall be valid
in all respects as if the officials whose facsimile signatures are so used had signed the
bonds in person, and any facsimile of the Great Seal of the State so used shall be valid in
all respects as if such seal had been manually impressed on the bonds. In the event...
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2-3A-32
Section 2-3A-32 Execution. The bonds of each series thereof issued pursuant to this article
shall be sold by said authority at public sale as provided in Amendment 618. Said bonds shall
be executed in the name of the state by the Governor and countersigned by the chairman of
the authority, and the Great Seal of the State shall be impressed thereon and attested by
the Secretary of State. A facsimile of the signature of each such official may be imprinted
on any of said bonds in lieu of being manually inscribed thereon, and a facsimile of the Great
Seal of the State may be printed on said bonds in lieu of such seal being manually impressed
thereon. Each such facsimile signature shall be valid in all respects as if the officials
whose facsimile signatures are so used had signed said bonds in person, and any facsimile
of the Great Seal of the State so used shall be valid in all respects as if such seal had
been manually impressed on said bonds. In the event any official who shall sign any...
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2-3A-52
Section 2-3A-52 Execution. The bonds of each series thereof issued pursuant to this article
shall be sold by said authority at public sale as provided in Amendment 619. Said bonds shall
be executed in the name of the state by the Governor and countersigned by the chairman of
the authority, and the Great Seal of the State shall be impressed thereon and attested by
the Secretary of State. A facsimile of the signature of each such official may be imprinted
on any of said bonds in lieu of being manually inscribed thereon, and a facsimile of the Great
Seal of the State may be printed on said bonds in lieu of such seal being manually impressed
thereon. Each such facsimile signature shall be valid in all respects as if the officials
whose facsimile signatures are so used had signed said bonds in person, and any facsimile
of the Great Seal of the State so used shall be valid in all respects as if such seal had
been manually impressed on said bonds. In the event any official who shall sign any...
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33-2-9
Section 33-2-9 Application of proceeds of facilities; payment of deficiency where proceeds
are insufficient to cover expenses. The proceeds of the handling and operation of improvements
and facilities constructed pursuant to this article shall be applied as follows: All expenses
of carrying out the purposes of this article shall be paid from said proceeds. Not less than
30 days before each semiannual date upon which interest matures on the bonds hereby authorized,
or any installment of principal matures, the Secretary-Treasurer of the State Docks Department
shall pay to the state treasury from receipts of facilities constructed pursuant to this article
an amount sufficient to cover such installment of interest or principal, and therefrom the
State Treasurer shall pay such interest or principal. If the receipts of the State Docks Department
from facilities constructed pursuant to this article are insufficient to cover any expenses
herein provided for or any installment of interest or...
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41-10-756
Section 41-10-756 Refunding bonds. (a) Any bonds issued by the authority may from time to time
be refunded by the issuance, sale, or exchange of refunding bonds for the purpose of paying
the following items: (1) All or any part of the principal of the bonds to be refunded. (2)
Any redemption premium required to be paid as a condition to the redemption prior to maturity
of any such bonds that are to be so redeemed in connection with such refunding. (3) Any accrued
and unpaid interest on the bonds to be refunded. (4) Any interest to accrue on each bond to
be refunded to the date on which it is to be paid, whether at maturity or by redemption prior
to maturity. (5) The expenses incurred in connection with the refunding. (b) Refunding bonds
of the authority may be sold, in the discretion of the authority, either (1) at public sale
or sales, based on sealed bids received either electronically or on paper, after advertisement
as may be prescribed by the authority, to the bidder whose bid...
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