45-6-242
against gross sales or gross receipts, as the case may be, as follows: (1) Upon every person,
firm, or corporation (including the state, the University of Alabama, Auburn University, and
all other institutions of higher learning in the state, whether such institutions be denominational,
state, county, or municipal institutions, any association or other agency or instrumentality
of such institutions) engaged or continuing within the county in the business of selling at
retail any tangible personal property whatsoever, including merchandise and commodities
of every kind and character (not including, however, bonds or other evidences of debts or
stock, nor sales of material and supplies to any person for use in fulfilling a contract for
the painting, repair or reconditioning of vessels, ships, and other watercraft of over 50
tons burden) an amount of one percent of the gross proceeds of sales of the business, except
where a different amount is expressly provided herein; provided,...
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37-6-28
Section 37-6-28 Bonds or other indebtedness - Consent of department of finance. No bonds or
other evidences of indebtedness of any cooperative or foreign corporation transacting business
in this state pursuant to this chapter shall be issued or sold until the consent to the issuance
and sale thereof shall have been given by the Department of Finance, as provided by law. (Acts
1939, No. 231, p. 371; Code 1940, T. 18, §58.)...
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11-61A-15
Section 11-61A-15 Issuance of bonds. (a) The authority may issue bonds 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 the
bank or trust company is located within or without the state. (b) In any indenture or resolution
providing for the issuance of bonds, the authority may pledge, for payment of the principal
of and the interest on the bonds, any of its revenues to which its right then exists or may
subsequently come into existence and may assign, as security for the payment, any of its leases,
franchises, permits, and contracts. In any such indenture the authority may mortgage any of
its properties, including any properties subsequently acquired by it. Any pledge of revenues
shall be valid and binding from the time it is made, and the revenues pledged and subsequently
received by the authority, and any property of the...
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16-65-6
Section 16-65-6 Bonds generally. (a) Issuance of bonds. The authority is authorized and empowered
to issue its bonds from time to time for the purpose of making equipment loans to finance
equipment costs incurred or to be incurred by educational institutions. Such bonds may be
in such aggregate principal amount as the board of directors shall determine to be necessary
to pay the equipment costs included in such financing. The authority may pay from the proceeds
of the sale of its bonds all expenses, including publication and printing charges, attorneys'
fees, financial advisory fees, and other expenses which the board of directors may deem necessary
or advantageous in connection with the authorization, advertisement, sale, execution, and
issuance of its bonds or the making of equipment loans from the proceeds thereof. (b) Source
of payment. All bonds issued by the authority shall be limited obligations of the authority
payable solely from any combination of the following: (1) The...
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22-3A-14
Section 22-3A-14 Refunding bonds. (a) Any bonds issued by the authority under this chapter
may from time to time thereafter be refunded by the issuance of refunding bonds of the authority;
provided, however, that no refunding bonds shall be issued unless the present value of all
debt service on the refunding bonds (computed with a discount rate equal to the true interest
rate of the refunding bonds and taking into account all underwriting discount and other issuance
expenses) shall not be greater than 95 percent of the present value of all debt service on
the bonds to be refunded (computed using the same discount rate and taking into account the
underwriting discount and other issuance expenses originally applicable to such bonds) determined
as if such bonds to be refunded were paid and retired in accordance with the schedule of maturities
(considering mandatory redemption as a scheduled maturity) provided at the time of their issuance.
Provided further that the average maturity of the...
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41-10-549
Section 41-10-549 Payment or reimbursement of training facility management fees. In addition
to the power to finance training facility management fees through the issuance of bonds of
the authority, the authority may, subject to this division, pay or reimburse such fees from
any funds available to it, including, without limitation, appropriated funds. (Acts 1995,
No. 95-373, p. 747, §10.)...
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41-10-657
Section 41-10-657 Payment of training costs. In addition to the power to finance the payment
of training costs through the issuance of the bonds, the authority may, if it determines that
it is in the best interests of the state to do so, pay such training costs directly out of
pledged revenues in the special fund, provided that any such payment in any fiscal year, together
with debt service payable on outstanding bonds in such fiscal year, shall not exceed the total
amount of pledged revenues permitted to be used by Division 1 to pay debt service on the authority's
outstanding bonds in such fiscal year. (Act 99-391, p. 641, §8.)...
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41-10-677
Section 41-10-677 Payment of training costs directly out of pledged revenues. In addition to
the power to finance the payment of training costs through the issuance of the bonds, the
authority may, if it determines that it is in the best interests of the state to do so, pay
such training costs directly out of pledged revenues in the special fund, provided that any
such payment in any fiscal year, together with debt service payable on outstanding bonds in
such fiscal year, shall not exceed the total amount of pledged revenues permitted to be used
by the Enabling Act to pay debt service on the authority's outstanding bonds in such fiscal
year. (Act 2001-691, p. 1430, § 8.)...
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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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11-81-22
Section 11-81-22 Sinking fund bonds - Issuance, etc. Any city which has power to issue bonds
to refund the principal of its unmatured bonds under this chapter, may, in the discretion
of the city council or board of commissioners or other governing body of such city, cause
such bonds to be executed and issued to and placed in a sinking fund established pursuant
to Sections 11-81-22 through 11-81-25. (Acts 1949, No. 437, p. 633, §1.)...
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