33-2-68
Section 33-2-68 Requirements for sale of bonds. The bonds must be sold only at public sale,
either on sealed bids or at public auction, to the bidder whose bid reflects the lowest net
interest cost to the state for the bonds being sold, computed to their respective maturities;
provided, that if no bid acceptable to the department and the Governor is received all bids
may be rejected. 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 which is customarily published not less
often than six days during each calendar week, each of which notices must be published at
least one time not less than 10 days prior to the date fixed for the sale. The department
may fix the terms and conditions under which each such sale may be held; provided, that none
of the bonds may be sold for a price less than the face value thereof; and,...
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33-2-98
Section 33-2-98 Requirements for sale of bonds. The bonds must be sold only at public sale,
either on sealed bids or at public auction, to the bidder whose bid reflects the lowest net
interest cost to the state for the bonds being sold, computed to their respective maturities;
provided, that if no bid acceptable to the department and the Governor is received all bids
may be rejected. 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 which is customarily published not less
often than six days during each calendar week, each of which notices must be published at
least one time not less than 10 days prior to the date fixed for the sale. The department
may fix the terms and conditions under which each such sale may be held; provided, that none
of the bonds may be sold for a price less than the face value thereof; and,...
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40-10-185
Section 40-10-185 Tax lien not required to be offered as being against property of specific
person. When a tax lien is offered for auction or sale, it shall not be necessary to list,
auction, or sell it as being against the property of any specific person. The auction or sale
is not invalid by reason of the fact that the property was assessed in the name of a person
other than the rightful owner or to a person unknown, if the description and the uniform parcel
number of the real estate in the tax lien auction list is sufficient to identify it and the
amount of taxes, interest, penalties, fees, and costs for which its tax lien is to be auctioned
or sold. (Acts 1995, No. 95-408, p. 864, §7; Act 2018-577, §1.)...
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40-10-199
Section 40-10-199 Retention of tax liens not sold at auction; private tax lien sales; reporting.
(a) Tax liens that are not sold at the tax lien auction conducted by the tax collecting official
shall be separated in the tax lien auction list as prescribed by Section 40-10-183 and the
county shall retain the lien pursuant to Section 40-1-3. The tax collecting official, within
45 days after the tax lien auction date, may sell at private sale an unsold tax lien for no
less than all taxes, interest, penalties, costs, and fees. The purchaser at private sale shall
be entitled to interest on the amount paid at a rate agreed to by the tax collecting official,
not to exceed 12 percent. All private tax lien sales shall be entered in the record of tax
lien auctions and sales, as provided in Section 40-10-188. (b) All tax liens that remain unsold
by the tax lien auction or sale shall be included in all future tax lien auctions or sales
until sold. (c) Any tax lien that does not sell at auction...
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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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22-29-9
Section 22-29-9 Bonds - Procedure for sale. The bonds of the authority may be sold at such
time or times as the board of directors may deem advantageous; but unless sold to a local
public body or to the United States of America or an agency of the United States of America,
such bonds shall be sold at public sale, either on sealed bids or at public auction, to the
bidder whose bid reflects the lowest net interest cost to the authority for the bonds being
sold, computed to their respective absolute maturities; provided, that if no bid acceptable
to the authority is received, it may reject all bids and readvertise; provided further, that
if no bid shall be received, the authority may negotiate for a private sale of the bonds.
Notice of any public sale shall be given by such publication or by such distribution of notices
of sale, or both, as the board of directors may determine. The authority may pay from the
proceeds of the sale of its bonds all expenses, including publication and...
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41-10-58
Section 41-10-58 Sale of bonds; public hearing or consent of Department of Finance, etc., not
a prerequisite to issuance of bonds. (a) Any of the bonds may be sold at any time and from
time to time as said board of directors may deem advantageous. The bonds must be sold only
at public sale, either on sealed bids or at public auction, to the bidder whose bid reflects
the lowest 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 each such sale
must 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 this
state which is customarily published not less often than six days during each calendar week,
each of which notices must be published at least one time not less than 10...
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14-2-16
Section 14-2-16 Bonds - 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,
either at public sale or private sale. Bonds of the authority sold by competitive bid must
be sold, whether on sealed bids or at public auction, 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 for the sale. The board of directors
may fix the terms and conditions under which such sale may be held; provided, that...
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33-2-185
Section 33-2-185 Docks facilities revenue bonds and refunding bonds - Sale. Docks facilities
revenue bonds and refunding bonds may be sold by the department from time to time in series,
and if sold in more than one series may all be authorized in one initial order of the director
with the pledges therefor made in such initial order, notwithstanding that details applicable
to each series may be specified in the respective orders under which such series are issued.
Each series of the docks facilities revenue bonds or refunding bonds may be sold at public
or private sale, as determined by the director, at such price or prices as the director shall
determine, and if sold at public sale either on sealed bids or at public auction, to the bidder
whose bid reflects the lowest true interest cost to the department for the series of the docks
facilities revenue bonds or refunding bonds being sold, computed from the date of those at
the time being sold to their respective maturities and taking...
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40-10-191
Section 40-10-191 Holder of certificate to have first right to purchase tax lien; abandonment
of certificate. (a) The holder of a tax lien certificate shall have the first right to purchase
the tax lien relating to a subsequent delinquency on the property described in the tax lien
certificate of the holder. A holder of the certificate who exercises this right shall be entitled
to the same interest rate as shown on the previous tax lien certificate. The owner of the
property may pay the current year taxes due once the property owner redeems all outstanding
tax liens on the property. (b) In the event that a mortgagee is or becomes the holder of a
tax lien certificate, the mortgagee may add all costs, fees, interest, penalties, and taxes
regarding the tax sale to the principal of the loan. (c) A holder of a tax lien certificate
may abandon the certificate at any time upon notification given to the tax collecting official
and the surrender of the tax lien certificate. Abandonment of a tax...
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