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33-17-14
Section 33-17-14 Bonds - State Treasurer to pay principal and interest of bonds; records. Out
of any funds in the State Treasury that may be available for such purpose, the State Treasurer
is authorized and directed to pay the principal of and interest on the bonds at the respective
maturities of the said principal and interest, and he is further authorized and directed to
set up and maintain appropriate records pertaining thereto. (Acts 1967, No. 264, p. 746, §14.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/33-17-14.htm - 777 bytes - Match Info - Similar pages
2-6-82
Section 2-6-82 State Treasurer to pay principal and interest. The State Treasurer is authorized
and directed to pay the principal of, premium, if any, and interest on the securities of the
corporation as the said principal, premium and interest shall respectively mature and become
payable, but only from the sources herein provided. (Acts 1984, No. 84-252, p. 405, §13.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/2-6-82.htm - 676 bytes - Match Info - Similar pages
27-60-2
Section 27-60-2 Interstate Insurance Product Regulation Compact. The State of Alabama hereby
agrees to the following interstate compact known as the Interstate Insurance Product Regulation
Compact: ARTICLE I. PURPOSES. The purposes of this compact are, through means of joint and
cooperative action among the compacting states: 1. To promote and protect the interest of
consumers of individual and group annuity, life insurance, disability income, and long-term
care insurance products; 2. To develop uniform standards for insurance products covered under
the compact; 3. To establish a central clearinghouse to receive and provide prompt review
of insurance products covered under the compact and, in certain cases, advertisements related
thereto, submitted by insurers authorized to do business in one or more compacting states;
4. To give appropriate regulatory approval to those product filings and advertisements satisfying
the applicable uniform standard; 5. To improve coordination of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-60-2.htm - 45K - Match Info - Similar pages
41-10-370
Section 41-10-370 Payment of principal and interest on bonds and maintenance of records pertaining
thereto by State Treasurer. Out of the revenues appropriated and pledged in Section 41-10-365
of this article, the State Treasurer is authorized and directed to pay the principal of and
interest on the bonds at the respective maturities of the said principal and interest, and
he is further authorized and directed to set up and maintain appropriate records pertaining
thereto. In the event that the State Treasurer designates any bank as the paying agent with
respect to any bonds, the State Treasurer shall make available to such bank, not later than
one business day prior to the date on which any principal of or interest on such bonds is
due and payable, funds sufficient to pay such principal and interest due on such date. (Acts
1988, No. 88-475, p. 739, §21.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-370.htm - 1K - Match Info - Similar pages
22-3A-22
Section 22-3A-22 Payment by State Treasurer authorized; records. Out of the revenues appropriated
and pledged in or pursuant to Section 22-3A-16, the State Treasurer is authorized and directed
to pay the principal of and the interest and premium (if any) on the bonds on the respective
due dates of such principal, interest and premium (if any), and he is further authorized and
directed to set up and maintain appropriate records pertaining thereto. (Acts 1990, No. 90-598,
§22.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-3A-22.htm - 788 bytes - Match Info - Similar pages
41-6-31
Section 41-6-31 Endowment fund established; composition; expenditure; investment of fund. The
principal amount of such gift or donation shall be set aside by the State Treasurer in a special
fund designated: "Endowment Fund - Department of Archives and History," and moneys
so deposited shall constitute an endowment fund for said department. In no event shall more
than 10 percent of the amount remaining in said fund be expended in any one fiscal year. The
Director of Finance shall invest or reinvest from time to time, at his discretion and with
the approval of the Governor, all or any part or portion of said fund in such bonds as are
authorized by the laws of Alabama governing investments in bonds by domestic life insurance
companies, and the interest thereon shall be paid to said department by the State Treasurer
upon a requisition signed by the director of said department and approved by the Governor.
(Acts 1943, No. 454, p. 416, §2.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-6-31.htm - 1K - Match Info - Similar pages
33-2-9
Section 33-2-9 Application of proceeds of facilities; payment of deficiency where proceeds
are insufficient to cover expenses. The proceeds of the handling and operation of improvements
and facilities constructed pursuant to this article shall be applied as follows: All expenses
of carrying out the purposes of this article shall be paid from said proceeds. Not less than
30 days before each semiannual date upon which interest matures on the bonds hereby authorized,
or any installment of principal matures, the Secretary-Treasurer of the State Docks Department
shall pay to the state treasury from receipts of facilities constructed pursuant to this article
an amount sufficient to cover such installment of interest or principal, and therefrom the
State Treasurer shall pay such interest or principal. If the receipts of the State Docks Department
from facilities constructed pursuant to this article are insufficient to cover any expenses
herein provided for or any installment of interest or...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/33-2-9.htm - 2K - 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
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...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-28.htm - 7K - Match Info - Similar pages
41-10-63
Section 41-10-63 Authority and procedure for pledge of revenues of authority and creation of
statutory lien upon facilities and properties thereof for payment of principal and interest
on bonds; remedies upon default in payment of principal or interest on bonds. (a) In the proceedings
authorizing the issuance of any of its bonds, the authority is hereby authorized and empowered
to pledge for the payment of the principal of and interest on such bonds, as the said principal
and interest shall respectively mature, and to agree to use solely for such purpose all the
revenues which under the provisions of Section 41-10-65 are provided for the payment of the
said principal and interest. All such pledges made by the authority shall take precedence
in the order of the resolutions containing such pledge. (b) In said proceedings the authority
may further provide and create a statutory lien upon the facilities and properties of the
authority as security for the payment of said principal and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-63.htm - 3K - Match Info - Similar pages
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