|
2-3A-8
Section 2-3A-8 Bonds of the authority. (a) Source of payment. All bonds issued by the authority
shall be payable solely out of the revenues and other receipts of the authority as may be
designated in the proceedings of the board under which the bonds shall be authorized to be
issued. (b) Pledge of revenues and other security. The principal of and interest on any bonds
issued by the authority shall be secured by a pledge of the revenues and other receipts out
of which the same may be payable and may be secured by a trust indenture evidencing such pledge
or by a foreclosable mortgage and deed of trust conveying as security for such bonds all or
any part of the property of the authority from which the revenues so pledged may be derived.
The resolution under which the bonds are authorized to be issued or any such trust indenture
or mortgage may contain any agreements and provisions respecting the maintenance and insurance
of the property covered by such trust indenture or mortgage, the use...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/2-3A-8.htm - 5K - Match Info - Similar pages
22-27-60
Section 22-27-60 THIS SECTION WAS ASSIGNED BY THE CODE COMMISSIONER IN THE 2019 REGULAR SESSION,
EFFECTIVE SEPTEMBER 1, 2019. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. As used in this article,
the following terms shall have the following meanings: (1) LENDER. A person who holds a mortgage,
lien, deed of trust, or other security interest in property. The term includes an assignee,
receiver, or other transferee of the interest. (2) RESIDENTIAL REAL PROPERTY. Any of the following:
a. A single-family house. b. A duplex, triplex, or quadraplex. c. A unit in a multi-unit residential
structure in which title to an individual unit is transferred to the owner of the unit under
a condominium or cooperative system. (Act 2019-460, §1.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-27-60.htm - 1K - Match Info - Similar pages
35-10-3
Section 35-10-3 Foreclosure when instrument contains no power of sale. If no power of sale
is contained in a mortgage or deed of trust, the grantee or any assignee thereof, at his option,
after condition broken, may foreclose same either in a court having jurisdiction of the subject
matter, or by selling for cash at the courthouse door of the county where the property is
situated, to the highest bidder, the lands embraced in said mortgage or deed of trust, after
notice of the time, place, terms, and purpose of such sale has been given by four consecutive
weekly insertions of such notice in some newspaper published in the county wherein said lands,
or a portion thereof are situated. (Code 1923, §9012; Code 1940, T. 47, §166.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/35-10-3.htm - 1K - Match Info - Similar pages
35-10-4
Section 35-10-4 Sale of lands situated in two or more counties. Where the lands embraced in
any mortgage or deed of trust are situated in two or more counties and no provision is made
in said mortgage for the sale, on condition broken, of all of said lands or any portion thereof,
then, at the option of the grantee or of any assignee or owner of said mortgage or deed of
trust, said lands may be sold at the courthouse door of any county wherein any portion of
said lands is situated, after 30 days' notice of the time, place, terms, and purpose of such
sale, by publishing such notice once a week for four consecutive weeks in some newspaper published
in each county in which said lands or any portion thereof are situated. (Code 1923, §9013;
Code 1940, T. 47, §167.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/35-10-4.htm - 1K - Match Info - Similar pages
45-16A-20.02
Section 45-16A-20.02 Funding. (a) In order to provide funds for payment of the costs of the
acquisition, establishment, purchase, construction, maintenance, enlargement, extension, lease,
or improvement of cable systems, telecommunications equipment, and telecommunications systems,
the City of Elba and municipal instrumentalities of the City of Elba, within the limitations
applicable under the Constitution of Alabama of 1901, may become indebted in an amount not
to exceed the costs and the costs incurred in issuing the indebtedness, and in evidence thereof
issue the municipality's or municipal instrumentality's warrants, bonds, or other evidences
of indebtedness, as the case may be, in the manner, tenor, and form as may be otherwise provided
by law, for the issuance of the municipality's or municipal instrumentality's warrants, bonds,
or other evidences of indebtedness generally. The warrants, bonds, or other evidences of indebtedness
issued pursuant to this section shall be payable...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-16A-20.02.htm - 3K - Match Info - Similar pages
45-23A-22
Section 45-23A-22 Television cable system. (a) The provisions of this section shall apply only
to the City of Daleville in Dale County. (b) The municipal corporation of the City of Daleville
in Dale County shall have the right to establish, purchase, construct, maintain, and operate
a television cable system and to furnish television cable service to their residents and residents
of surrounding territory. (c) The municipal corporation is authorized to construct, lease,
purchase, or otherwise acquire television lines or cables for the furnishing of television
service from any point in this state or any other state to the municipal corporation and surrounding
territory. (d) For the purposes of this section such municipal corporation may exercise the
right of eminent domain. Such eminent domain proceedings shall be conducted in the manner
now provided by law. (e)(l) In payment for the purchase, construction, acquisition, extension,
or maintenance of the television cable system, the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-23A-22.htm - 4K - Match Info - Similar pages
45-27A-32
Section 45-27A-32 Community antenna television system. (a) As used in this section the word
city shall mean the City of Brewton, Alabama, in Escambia County, a municipal corporation
organized under the laws of the State of Alabama. (b) In addition to all other powers, rights,
and authority heretofore granted by law: The city is hereby authorized and empowered to acquire,
purchase, construct, lease, operate, maintain, enlarge, extend, and improve a community antenna
television system (CATV), which may be defined, without limiting the generality, as a facility
that in whole or in part, receives directly, or indirectly, or over the air, and amplifies
or otherwise modifies the signal transmitting programs broadcast by one or more television
or radio stations from any point within this state or any other state and distributes such
signals by wire or cable or any other means to subscribing members of the public who pay for
such service. (c) For the purposes of this section, the city may...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-27A-32.htm - 4K - Match Info - Similar pages
45-28A-90
Section 45-28A-90 Television cable services. (a) This section shall apply only to the Town
of Sardis in Etowah County. (b) The municipal corporation of the Town of Sardis in Etowah
County shall have the right to establish, purchase, construct, maintain, and operate a nonexclusive
television cable system and to furnish television cable service to their residents and residents
of surrounding unincorporated areas of Etowah County not then served by an existing cable
television system or systems. (c) The municipal corporation is authorized to construct, lease,
purchase, or otherwise acquire television lines or cables for the furnishing of television
service from any point in this state or any other state to the municipal corporation and surrounding
territory. (d) For the purposes of this section such municipal corporation may exercise the
right of eminent domain. Such eminent domain proceedings shall be conducted in the manner
now provided by law. (e)(1) In payment of the purchase,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-28A-90.htm - 4K - Match Info - Similar pages
6-2-35
Section 6-2-35 Commencement of actions - Five years. The following must be commenced within
five years: (1) Where lands have been sold under a judgment of a court of competent jurisdiction,
all actions founded on an equity of redemption existing in any person not a party to the proceedings
who claims under the mortgagor or grantor in the deed of trust; and (2) Except as otherwise
specifically provided for, all actions by the state or any subdivision thereof for the recovery
of amounts claimed for licenses, other than business licenses defined in Section 11-51-90.1,
municipal or county franchise taxes, or other taxes. (Code 1852, §2478; Code 1867, §2902;
Code 1876, §3227; Code 1886, §2616; Code 1896, §2797; Code 1907, §4836; Code 1923, §8945;
Code 1940, T. 7, §22; Act 2006-586, p. 1548, §2.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/6-2-35.htm - 1K - Match Info - Similar pages
11-50-10
Section 11-50-10 Provision in mortgages or deeds of trust as to franchise right, etc., of purchaser
at foreclosure sale. Such mortgages or deeds of trust may provide that in the event of the
foreclosure of such mortgage or deed of trust the purchaser at such foreclosure sale may acquire
the right, privilege, and franchise of operating such plants or systems as may be so sold
or conveyed, and such purchaser or his vendee may have the right, authority, and privilege
to carry on and operate such business, plant, or system in the same manner, on the same terms,
and to the same extent as the cities or towns are now authorized to operate until the city
or town may redeem such plants or systems from such mortgage sale. (Acts 1921, Ex. Sess.,
No. 8, p. 6; Code 1923, §2008; Code 1940, T. 37, §369.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-50-10.htm - 1K - Match Info - Similar pages
|