Code of Alabama

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16-60-91
Section 16-60-91 Execution, form, terms, sale, etc., of bonds; use of proceeds; security;
bonds legal investments. The bonds of the authority shall be signed by its president and attested
by its secretary and the seal of the authority shall be affixed thereto, and any interest
coupons applicable to such bonds shall be signed by the president; 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 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 president's signature may be printed or otherwise reproduced
on any such interest coupons in lieu of his signing the same. Any bonds of the authority may
be executed and delivered by it at any time and from time to time, shall be in such form and
denominations and of such tenor and maturities, shall bear such rate or...
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33-13-9
Section 33-13-9 Bonds - Generally. There are hereby authorized to be issued bonds of
the state in aggregate principal amount not exceeding $45,000,000.00 for the purpose of paying
costs of the development, construction, improvements, expansion and modernization (or any
of them) of the State Docks Department at the Port of Mobile. The bonds hereby authorized
shall be general obligations of the state, and the full faith, credit and taxing powers of
the state are hereby irrevocably pledged for the prompt and faithful payment of the principal
thereof and the interest thereon. The bonds may be sold from time to time as the board of
directors may deem advantageous; provided, that no bonds (other than refunding bonds) may
be sold or issued unless the Governor shall have first determined that the issuance of the
bonds proposed to be issued will be necessary to enable the authority to promote, develop,
construct, improve, expand and modernize the state docks facilities. Except as hereinafter...

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41-10-28
Section 41-10-28 Execution of bonds and interest coupons; form, terms, denominations,
etc., of bonds; sale; refunding bonds; liability upon bonds; pledges of certain funds as security
for payment of principal and interest on bonds generally; bonds to be deemed negotiable instruments;
bonds and income therefrom exempt from taxation; use of bonds as security for deposits of
funds of state, etc.; investment of certain state funds and private trust funds in bonds;
public hearing or consent of Department of Finance, etc., not a prerequisite to issuance of
bonds. The bonds of the authority shall be signed by its president and attested by its secretary,
and the seal of the authority shall be affixed thereto, and any interest coupons applicable
to such bonds shall be signed by the president; 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 being manually subscribed thereon, a facsimile of the...
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2-5A-33
Section 2-5A-33 Sale of bonds. The bonds may be sold by the Department of Agriculture
and Industries from time to time in series. Each series of the bonds shall be sold at competitive
bid and at such price or prices and at such time or times as the commissioner may consider
advantageous. Bonds sold by competitive bid shall be sold, whether on sealed bids or at public
auction, to the bidder whose bid reflects the lowest effective borrowing cost to the Department
of Agriculture and Industries on the series of bonds being sold; provided, that if no bid
acceptable to the commissioner is received, he or she may reject all bids. Summary notice
of each such sale shall be given by publication in either a financial journal or a financial
newspaper published in the City of New York, New York, and also by publication in a newspaper
published in the State of Alabama which is customarily published not less often than three
days during each calendar week, each of which notices must be published at...
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41-10-503
Section 41-10-503 Sale of bonds. Bonds of the authority may be sold at such price or
prices and at such time or times as the board of directors of the authority may consider advantageous,
at public or private sale. If bonds are to be sold by competitive bid on sealed bids or at
public auction, the bonds may be sold only to the bidder whose bid reflects the lowest effective
borrowing cost to the authority for the bonds being sold; provided, that if no bid acceptable
to the authority is received, it may reject all bids. Notice of each such sale by competitive
bids shall be given by publication in either a financial journal or a financial newspaper
published in the City of New York, New York, and also by publication in a newspaper published
in the State of Alabama, each of which notices must be published at least one time not less
than 10 days before the date fixed for such sale. The board of directors may fix the terms
and conditions under which such sale by competitive bids may be held;...
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41-10-313
Section 41-10-313 Price of bonds; competitive bidding; notice of sale; expenses of sale.
Bonds of the authority may be sold at such price or prices and at such time or times as the
board of directors of the authority may consider advantageous, at public or private sale.
If bonds are to be sold by competitive bid on sealed bids or at public auction, the bonds
may be sold only to the bidder whose bid reflects the lowest effective borrowing cost to the
authority for the bonds being sold; provided, that if no bid acceptable to the authority is
received, it may reject all bids. Notice of each such sale by competitive bids shall be given
by publication in either a financial journal or a financial newspaper published in the City
of New York, New York, and also by publication in a newspaper published in the State of Alabama,
each of which notices must be published at least one time not less than 10 days before the
date fixed for such sale. The board of directors may fix the terms and...
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41-10-360
Section 41-10-360 Sale of bonds at public auction; rejection of bids; notice of sale;
terms and conditions of sale; expenses, fees, etc.; recital that bonds issued pursuant to
article. Each series of the bonds shall be sold at such time or times as the directors may
determine at public sale pursuant to competitive bidding, either on sealed bids or at public
auction, to the bidder whose bid reflects the lowest total net interest cost to the authority
for the bonds being sold, computed from the date of those at the time being sold to their
respective maturities; provided, that if no bid acceptable to the authority is received it
may reject all bids. Notice of the sale of any bonds at public sale shall be given either
(1) by publication in either a financial journal or a financial newspaper published in the
City of New York, New York, or (2) by publication in a newspaper published in the state which
is customarily published not less often than six days during each calendar week, which...

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2-6-113
Section 2-6-113 Sale of bonds. Bonds may be sold by the corporation in series, and if
sold in more than one series may all be authorized in one initial resolution of the board
of directors with the pledges made in such initial resolution, although some of the details
applicable to each series may be specified in the respective resolutions under which the different
series are issued. Each series of the bonds may be sold at public or private sale, as determined
by the corporation, at such price or prices as the corporation shall determine, and, if sold
at public sale either on sealed bids or at public auction, on a basis determined by the corporation
to enable it to effect the sale of the bonds being sold at the lowest effective borrowing
cost to the corporation; provided, that if in the event of public sale of the bonds no bid
acceptable to the corporation is received it may reject all bids. Notice of each public sale
or summary notice of sale or both shall be given by publication in...
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41-10-461
Section 41-10-461 Sale of bonds. Bonds may be sold by the authority from time to time
in series, and if sold in more than one series may all be authorized in one initial resolution
of the board of directors with the pledges therefor made in such initial resolution although
some of the details applicable to each series may be specified in the respective resolutions
under which the different series are issued; provided, however, that no bonds of the authority
that are authorized under Act 98-245 shall be sold or counsel hired prior to February 1, 1999.
Each series of the bonds may be sold at public or private sale, as determined by the authority,
at such price or prices as the authority shall determine, and, if sold at public sale either
on sealed bids or at public auction, on a basis determined by the authority to enable it to
effect the sale of the bonds being sold at the lowest effective borrowing cost to the authority;
provided, that if in the event of public sale of the bonds no bid...
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33-16-12
Section 33-16-12 Bonds - Generally. There are hereby authorized to be issued bonds of
the state in aggregate principal amount not exceeding $10,000,000.00. The bonds hereby authorized
shall be general obligations of the state, and the full faith and credit of the state are
hereby irrevocably pledged for the prompt and faithful payment of the principal of and the
interest on the bonds. The bonds may be sold from time to time as the board of directors may
deem advantageous; provided, that no bonds (other than refunding bonds) may be sold or issued
unless the Governor shall have first determined that the issuance of the bonds proposed to
be issued will be necessary to enable the authority to fulfill the requirements of local contribution,
participation and cooperation established by the United States in connection with the waterway
project. Except as hereinafter limited, the bonds may be executed and delivered at any time
and from time to time, may be in such forms, denominations, series...
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