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33-2-182
Section 33-2-182 Authorization to issue refunding bonds. Subject to the provisions contained
in this article, the department may from time to time sell and issue its refunding bonds for
the purpose of refunding any or all of the outstanding bonds then outstanding, together with
any interest thereon whether due and unpaid at the time of issuance of such refunding bonds
or not, and with any premium that may be necessary to be paid in order to redeem or retire
those outstanding bonds proposed to be refunded. In the discretion of the department, with
the approval of the Governor, refunding bonds may be issued in exchange for outstanding bonds
or they may be sold and the proceeds thereof applied to the purchase, redemption or payment
of outstanding bonds. Refunding bonds to be issued in exchange for outstanding bonds may be
issued in such principal amount as the department shall determine. Refunding bonds to be sold
may be issued in such principal amount as shall be determined by the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/33-2-182.htm - 2K - Match Info - Similar pages
11-11A-1
Section 11-11A-1 Authorized; denominations, maturity, interest, price, etc.; anticipation of
longer-term warrants. Any county in the state of Alabama, in addition to all other powers
which it may now have, is hereby authorized and empowered from time to time to authorize,
issue and sell, for the purpose of financing the costs of erecting necessary public buildings,
bridges or roads in such county, interest-bearing tax-anticipation warrants payable (as to
both principal and interest) solely out of the special ad valorem tax authorized by ยง 215
of the Constitution of Alabama of 1901, as amended, to be levied for the erection of necessary
public buildings, bridges or roads, such warrants to be in such denomination or denominations,
to have such maturity or maturities [not exceeding 30 years from their date], to bear interest
at such rate or rates and payable at such time or times, to be made payable at such place
or places (whether within or without the state) and to be sold at such time...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-11A-1.htm - 1K - Match Info - Similar pages
16-18B-13
Section 16-18B-13 Refunding bonds. Pursuant to the provisions of the aforesaid amendment and
this article, the corporation may, at any time and from time to time, issue for the state
refunding bonds of the state for the purpose of refunding any or all of the bonds authorized
by the amendment then outstanding (including any refunding bonds that may have been previously
issued), whether such refunding shall occur before, at or after the maturity of the bonds
to be refunded. In the discretion of the corporation, refunding bonds may be issued in exchange
for such outstanding bonds or they may be sold and the proceeds thereof applied to the purchase,
redemption or payment of outstanding bonds. Refunding bonds to be sold pursuant hereto may
be issued in such principal amount or amounts as shall be determined by the corporation. Pending
the application of the proceeds of refunding bonds issued in accordance with this section,
such proceeds, together with investment income therefrom, and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-18B-13.htm - 5K - Match Info - Similar pages
2-3A-55
Section 2-3A-55 Refunding bonds. Pursuant to the provisions of Amendment 619 and this article,
the authority may, at any time and from time to time, issue for the state refunding bonds
of the state for the purpose of refunding any or all of the bonds authorized by the aforesaid
amendment then outstanding (including any refunding bonds that may have been previously issued),
whether such refunding shall occur before, at or after the maturity of the bonds to be refunded.
In the discretion of the authority, refunding bonds may be issued in exchange for such outstanding
bonds or they may be sold and the proceeds thereof applied to the purchase, redemption or
payment of such outstanding bonds. Refunding bonds to be issued in exchange for such outstanding
bonds shall not be issued in a principal amount greater than the principal amount of the bonds
to be refunded. Refunding bonds to be sold pursuant hereto may be issued in such principal
amount or amounts as shall be determined by said...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/2-3A-55.htm - 5K - Match Info - Similar pages
4-5-2
Section 4-5-2 Issuance and sale; form; denominations; terms; disposition of proceeds of sale.
Each county shall have the power from time to time to sell and issue interest-bearing warrants
of such county or interest-bearing certificates of indebtedness of such county for the purpose
of paying the cost of acquiring and providing county airports, including lands, structures,
runways and all other airport facilities whatsoever. Such warrants and certificates may be
in such denomination or denominations, may have such maturity or maturities not exceeding
30 years from their date, may bear interest from their date at such rate or rates not exceeding
six percent per annum, payable semiannually, may be payable at such place or places within
or without this state, may be sold at such time or times and in such manner, may be executed
in such manner and may contain such terms not in conflict with the provisions of this chapter,
all as the governing body of such county may provide in the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/4-5-2.htm - 1K - Match Info - Similar pages
41-10-99
Section 41-10-99 Refunding bonds. The corporation may at any time and from time to time issue
refunding bonds for the purpose of refunding the principal of and interest on any bonds of
the corporation theretofore issued under this article and then outstanding, whether or not
such principal and interest shall have matured at the time of such refunding, and for the
payment of any expenses incurred in connection with such refunding and such premium as is
necessary to be paid in order to redeem or retire the bonds to be refunded. The proceeds derived
from the sale of any refunding bonds shall be used only for the purposes for which the refunding
bonds were authorized to be issued. Any such refunding may be effected either by sale of the
refunding bonds, in the manner provided for in this article with respect to bonds, the application
of the proceeds thereof or by exchange of the refunding bonds for the bonds or interest coupons
to be refunded thereby; provided, that the holders of any...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-99.htm - 1K - Match Info - Similar pages
16-3-28
Section 16-3-28 Authority of board and trustees of institutions to borrow from federal agencies
or others; issuance of bonds, notes and other securities. (a) The State Board of Education,
acting for the respective educational institutions under its supervision, and each public
corporation that conducts one or more state educational institutions under its supervision,
acting through its board of trustees or other governing body, are hereby separately authorized
to exercise and perform any or all of the following powers: (1) To borrow money from the United
States of America or any department or agency thereof, or from any person, firm, corporation
or other lending agency for the purchase, construction, enlargement or alteration of any buildings
or other improvements, including dormitories, dining halls, classrooms, laboratories, libraries,
stadiums, administration buildings and any other buildings and appurtenances thereto suitable
for use by the institution with respect to which the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-3-28.htm - 5K - Match Info - Similar pages
11-50-405
Section 11-50-405 Bonds - Authorization for issuance; form, terms, denominations, etc.; execution
and delivery; sale; refunding and exchange; issuance of interim receipts or temporary bonds.
The bonds of a district incorporated under this article shall be authorized by resolution
of the board of directors of the district and may be issued in one or more series, may bear
such date or dates, mature at such time or times, bear interest at such rate or rates, be
in such denominations, be in such form, either coupon or registered or both, be executed in
such manner, be payable in such medium of payment, at such place or places, be nonredeemable
or subject to such terms of redemption, with or without premium and be subject to being declared
or becoming due before the maturity date thereof as such resolution or resolutions may provide.
Said bonds may be issued for money or property, either at public or private sale and for such
price or prices as the board of directors shall determine. Such...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-50-405.htm - 3K - Match Info - Similar pages
11-54A-12
Section 11-54A-12 Refunding bonds. Any bonds issued by the authority may from time to time
be refunded by the issuance, by sale or exchange, of refunding bonds payable from the same
or different sources for the purpose of paying all or any part of the principal of the bonds
to be refunded, 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,
any accrued and unpaid interest on the bonds to be refunded, 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, and the expenses incurred in connection with refunding; provided, that
unless duly called for redemption pursuant to provisions contained therein; the holders of
any such bonds then outstanding and proposed to be refunded shall not be compelled without
their consent to surrender their outstanding bonds for such refunding. Any...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-54A-12.htm - 2K - Match Info - Similar pages
11-89A-12
Section 11-89A-12 Refunding bonds. Any bonds issued or assumed by an authority may from time
to time be refunded by the issuance, by sale or exchange, of refunding bonds payable from
the same or different sources for the purpose of paying all or any part of the principal of
the bonds to be refunded, 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, any accrued and unpaid interest on the bonds to be refunded, 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, and the expenses incurred in connection with such refunding;
provided, that unless duly called for redemption pursuant to provisions contained therein,
the holders of any such bonds then outstanding and proposed to be refunded shall not be compelled
without their consent to surrender their outstanding bonds for such...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-89A-12.htm - 2K - Match Info - Similar pages
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