11-49A-10
Section 11-49A-10 Bonds - Signature and seal; form and terms; sale; from what sources
payable; trust indentures, mortgages, etc. All bonds issued by the authority shall be signed
by the chairman of its board or other chief executive officer and attested by its secretary,
and the seal of the authority shall be affixed thereto, and any interest coupons applicable
to the bonds of the authority shall be signed by the chairman of its board or other chief
executive officer; 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 his manually
signing the same, a facsimile of the seal of the authority may be printed or otherwise reproduced
on any such bonds in lieu of being manually affixed thereto, and a facsimile of the signature
of the chairman of its board or other chief executive officer may be printed or otherwise
reproduced on any such interest coupons in lieu of his manually signing the same....
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11-86A-12
Section 11-86A-12 Powers of authority generally. An authority shall have the following
powers: (1) To have succession by its corporate name until dissolved as provided in this chapter.
(2) To institute and defend legal proceedings in any court of competent jurisdiction and proper
venue; provided, however, that an authority may not be sued in any court other than the courts
of the county of incorporation; provided, further, that the officers, directors, agents, and
employees of an authority may not be sued for their actions on behalf of the authority except
for actions that are known by a person to be unlawful or are performed with reckless disregard
for the lawfulness of the actions. (3) To have and to use a corporate seal and to alter the
seal at its pleasure. (4) To establish a fiscal year. (5) To anticipate by the issuance of
its bonds the receipt of any revenues that may be appropriated by or to the authority and
to pledge the proceeds of the appropriations as security for the...
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11-92B-12
Section 11-92B-12 Bonds of the authority. (a) Bonds of an authority shall be signed
by the chair or vice chair and attested to by the secretary or assistant secretary. The seal
of an authority shall be affixed thereto. A facsimile of the signature of the officers may
be printed or otherwise reproduced on any such bonds in lieu of being manually subscribed
thereon, and a facsimile of the seal of an authority may be printed or otherwise produced
on any such bonds in lieu of being manually affixed thereto, provided that the bonds have
been manually authenticated by a transfer agent of the bonds issued. Delivery of the bonds
so executed shall be valid notwithstanding any subsequent changes in officers or in the seal
of an authority. (b) Bonds may be executed and delivered by an authority at any time. The
bonds shall be in such form and denominations and of such tenor and maturities, shall bear
such rate or rates of interest or no interest, shall be payable at such times, and shall be...

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45-49A-64.09
Section 45-49A-64.09 Bonds of authority. (a) All bonds issued by the authority shall
be signed by the chair of its board or other chief executive officer and attested by its secretary,
and the seal of the authority shall be affixed thereto, and any interest coupons applicable
to the bonds of the authority shall be signed by the chair of its board or other chief executive
officer; provided, that a facsimile of the signature of one, but not both, of the officers
may be printed or otherwise reproduced on any such bonds in lieu of his or her manually signing
the same. A facsimile of the seal of the authority may be printed or otherwise reproduced
on any such bonds in lieu of being manually affixed thereto, and a facsimile of the signature
of the chair of its board or other chief executive officer may be printed or otherwise reproduced
on any such interest coupons in lieu of his or her manually signing the same. Any such bonds
may be executed and delivered by the authority at any time and...
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11-50-316
Section 11-50-316 Execution, sale, etc., of bonds and refunding bonds of corporation;
terms, denominations, etc., thereof; charge, application, etc., of revenues from systems for
payment of bonds, etc., generally; vesting of title to systems in municipality and dissolution
of corporation upon payment of bonds in full, etc. (a) All bonds issued by any such corporation
organized or the certificate of incorporation of which is amended under this article shall
be signed by the chairman of the board of directors or other chief executive officer and attested
by its secretary, and the seal of such corporation shall be affixed thereto; provided that,
if authorized by the board of directors of such corporation, said bonds may be executed with
an engraved, imprinted, stamped, or otherwise reproduced facsimile of any signature or seal
in lieu of a manually made signature or manually made impressment of the seal; provided further,
that at least one signature required or permitted to be placed...
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11-86A-14
Section 11-86A-14 Execution of bonds and interest coupons; form, terms, denominations,
etc., of bonds; validation of bonds; sale; refunding bonds. (a) Bonds of an authority shall
be signed by the chair and attested by the secretary, the seal of the authority shall be affixed
thereto, and any interest coupons applicable to the bonds shall be signed by the chair; provided
that a facsimile of the signature of the officers may be printed or otherwise reproduced on
any bonds in lieu of being manually subscribed. A facsimile of the seal of the authority may
be printed or otherwise produced on any bonds in lieu of being manually affixed thereto, and
a facsimile of the chair's signature may be printed or otherwise reproduced on any interest
coupons in lieu of being manually subscribed, provided, that the bonds have been manually
authenticated by a transfer agent of the bond issue. Delivery of the bonds executed shall
be valid notwithstanding any changes in officers or in the seal of the...
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11-49B-9
Section 11-49B-9 Bonds of authority. All bonds issued by the authority shall be signed
by the chair of its board or other chief executive officer and attested by its secretary,
and the seal of the authority shall be affixed to the bond, and any interest coupons applicable
to the bonds of the authority shall be signed by the chair of its board or other chief executive
officer. A facsimile of the signature of one, but not both, of the officers may be printed
or otherwise reproduced on any of the bonds in lieu of his or her manually signing the bonds,
a facsimile of the seal of the authority may be printed or otherwise reproduced on any of
the bonds in lieu of being manually affixed to the bonds, and a facsimile of the signature
of the chair of its board or other chief executive officer may be printed or otherwise reproduced
on any interest coupons in lieu of his or her manually signing the bonds. Bonds may be executed
and delivered by the authority and from time to time, shall be in such...
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11-88-8
Section 11-88-8 Bonds of authority - Form, terms, denominations, etc.; sale; execution
and delivery; refunding; liability thereon; security for payment of principal and interest
and payment thereof generally; provisions in mortgages, deeds of trust or trust indentures
executed as security for payment of bonds generally. All bonds issued by the authority shall
be signed by the chairman of its board or other chief executive officer and attested by its
secretary and the seal of the authority shall be affixed thereto, and any interest coupons
applicable to the bonds of the authority shall be signed by the chairman of its board or other
chief executive officer; 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 his manually
signing the same, a facsimile of the seal of the authority may be printed or otherwise reproduced
on any such bonds in lieu of being manually affixed thereto and a...
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11-92A-14
Section 11-92A-14 Bonds of authority. (a) Bonds of an authority shall be signed by its
chairman and attested by its secretary, the seal of the authority shall be affixed thereto,
and any interest coupons applicable to said bonds shall be signed by the chairman; provided
that a facsimile of the signature of said officers may be printed or otherwise reproduced
on any such bonds in lieu of being manually subscribed thereon, a facsimile of the seal of
the authority may be printed or otherwise produced on any such bonds in lieu of being manually
affixed thereto, and a facsimile of the chairman's signature may be printed or otherwise reproduced
on any such interest coupons in lieu of being manually subscribed thereon, provided that the
bonds have been manually authenticated by a transfer agent of the bond issue. Delivery of
the bonds so executed shall be valid notwithstanding any changes in officers or in the seal
of the authority after the signing and sealing of the bonds. (b) Any bonds may...
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41-10-755
Section 41-10-755 Bonds of the authority. (a) General. The authority is authorized from
time to time to sell and issue its bonds for the purpose of providing funds to be transferred
to and deposited in the Alabama Trust Fund and the Rainy Day Account, to provide additional
funds to the Alabama Medicaid Agency, for paying the costs of transportation projects, and
for the purpose of refunding any or all of the authority's outstanding bonds. (b) Sources
of payment. Bonds issued by the authority shall be solely and exclusively an obligation of
the authority and shall not create an obligation or debt of the state. Such bonds shall not
be general obligations of the authority but shall be payable solely from one or more of the
following sources: (1) Appropriated funds. (2) The income or proceeds realized by the authority
under any mortgage or security granted to the authority. (3) Amounts derived from any letter
of credit, insurance policy, or other form of credit enhancement applicable to...
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