Code of Alabama

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23-6-8
Section 23-6-8 Bonds of corporation; annual appropriation from state Public Road and Bridge
Fund. (a) The bonds of the corporation shall be signed by its president and attested by its
secretary and the seal of the corporation shall be affixed thereto or a facsimile thereof
printed or otherwise reproduced thereon. The signatures of both the president and the secretary
on any bonds may be facsimile signatures if the board of directors, in its proceedings with
respect to issuance of the bonds, provides for manual authentication thereof, or manual execution
of certificates of registration thereon, by a trustee, registrar, or paying agent or by named
individuals who are employees of the state assigned to the Finance Department or the State
Treasurer's office. Any bonds of the corporation may be executed and delivered by it at any
time and shall be in the form and denominations and of the tenor and maturities, shall bear
the rate or rates of interest payable and evidenced in such manner, may...
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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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41-10-547
Section 41-10-547 Bonds of the authority. (a) The authority is authorized from time to time
to sell and issue its bonds for the purpose of financing project costs pertaining to one or
more projects or for the purpose of providing funds to pay training facility management fees,
or any combination of the foregoing including, without limitation, in the case of authority
obligations issued for the purpose of providing funds to pay training facility management
fees, costs, expenses, and other items of the type described in paragraphs g., h., i., and
j. of the definition of project costs in Section 41-10-541 or to enter into guaranty agreements
wherein the authority guarantees payment, in whole or in part, of debt service referable to
obligations issued by development agencies for the purpose of financing project costs pertaining
to one or more projects; provided, however, that the principal amount of authority obligations
shall not exceed three hundred million dollars ($300,000,000). For...
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11-85-107
Section 11-85-107 Bonds - Authentication; redemption; sale; refunding; use of proceeds; security;
investment of funds. 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 or a facsimile of
such seal shall be printed or otherwise reproduced thereon; 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 and a facsimile of the signatures
of both of the officers may be printed or otherwise reproduced on such bonds in lieu of being
manually affixed thereof if the authority, in its proceedings with respect to issuance of
the bonds, provides for manual authentication of such bonds. The State Treasurer shall be
registrar, transfer agent, and paying agent for the bonds. The State Treasurer may designate
named individuals who are employees of the state and who are assigned to...
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37-11A-1
Section 37-11A-1 Execution and text of compact. The Governor, on behalf of this state, shall
execute a compact, in substantially the following form, with the State of Mississippi, and
the Legislature approves and ratifies the compact in the form substantially as follows: Northeast
Mississippi - Northwest Alabama Railroad Authority Compact. The contracting states solemnly
agree: Article I. The purpose of this compact is to promote and develop trade, commerce, industry,
and employment opportunities for the public good and welfare in northeast Mississippi and
northwest Alabama through the establishment of a joint interstate authority to acquire certain
railroad properties and facilities which the operator thereof has notified the Interstate
Commerce Commission of an intention to abandon and which are located in any of Franklin, Marion,
or Winston Counties, Alabama or in Alcorn or Tishomingo Counties, Mississippi. Article II.
This compact shall become effective immediately as to the State...
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41-10-314
Section 41-10-314 Investment of trust funds in bonds of authority. Any trust fund, where the
investment thereof is permitted or required by law, may be invested in bonds issued by the
authority. Unless otherwise directed by the court having jurisdiction thereof or the document
which is the source of authority, a trustee, executor, administrator, guardian or one acting
in any other fiduciary capacity may, in addition to any other investment powers conferred
by law and with the exercise of reasonable business prudence, invest trust funds in the bonds
of the authority. (Acts 1986, No. 86-546, p. 1093, §15.)...
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41-10-504
Section 41-10-504 Bonds of authority eligible for investment of trust funds. Any trust fund,
where the investment thereof is permitted or required by law, may be invested in bonds issued
by the authority. Unless otherwise directed by the court having jurisdiction thereof or the
document which is the source of authority, a trustee, executor, administrator, guardian or
one acting in any other fiduciary capacity may, in addition to any other investment powers
conferred by law and with the exercise of reasonable business prudence, invest trust funds
in the bonds of the authority. (Acts 1990, No. 90-603, p. 1094, §15.)...
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16-17-17
Section 16-17-17 Investments in bonds of authority. Unless otherwise directed by the court
having jurisdiction thereof or by the document that is the source of authority, a trustee,
executor, administrator, guardian or one acting in any other fiduciary capacity may, in addition
to any other investment powers conferred by law and with the exercise of reasonable business
prudence, invest trust and other fiduciary funds in bonds of the authority. (Acts 1966, Ex.
Sess., No. 222, p. 325, §17.)...
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16-18-19
Section 16-18-19 Investments in bonds of authority. Unless otherwise directed by the court
having jurisdiction thereof, or by the document that is the source of authority, a trustee,
executor, administrator, guardian or one acting in any other fiduciary capacity may, in addition
to any other investment powers conferred by law and with the exercise of reasonable business
prudence, invest trust and other fiduciary funds in bonds of the authority. (Acts 1966, Ex.
Sess., No. 221, p. 308, §19.)...
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14-2-17
Section 14-2-17 Bonds - Investment of surplus in state fund, etc., and trust funds. Any surplus
in any state fund and any retirements or trust fund, where the investment thereof is permitted
or required by law, may be invested in bonds issued by the authority. Unless otherwise directed
by the court having jurisdiction thereof or the document which is the source of authority,
a trustee, executor, administrator, guardian or one acting in any other fiduciary capacity
may, in addition to any other investment powers conferred by law and with the exercise of
reasonable business prudence, invest trust funds in the bonds of the authority. (Acts 1965,
No. 678, p. 1226, §19.)...
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