41-10-268
Section 41-10-268 Authorization, issuance and sale of bonds. The authority is hereby
authorized from time to time to sell and issue its interest-bearing or noninterest-bearing
bonds, in one or more series, not to exceed an aggregate principal amount of $40,000,000.00,
excluding refunding bonds described in Section 41-10-277, for the purpose of providing
funds for the acquisition, construction, installation and equipping of judicial facilities,
and for payment of obligations incurred for any of said purposes. Bonds of the authority may
be in such form and denominations, may be of such tenor, may be payable in such installments
and at such time or times not exceeding 30 years from their date, may be payable at such place
or places, may be redeemable at such times and under such conditions, may bear interest at
such rate or rates payable and evidenced in such manner or may be structured to bear no interest
or to reflect compound interest and may be secured in such manner, all as shall not...
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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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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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41-10-756
Section 41-10-756 Refunding bonds. (a) Any bonds issued by the authority may from time
to time be refunded by the issuance, sale, or exchange of refunding bonds for the purpose
of paying the following items: (1) All or any part of the principal of the bonds to be refunded.
(2) 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. (3) Any accrued
and unpaid interest on the bonds to be refunded. (4) 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. (5) The expenses incurred in connection with the refunding. (b) Refunding bonds
of the authority may be sold, in the discretion of the authority, either (1) at public sale
or sales, based on sealed bids received either electronically or on paper, after advertisement
as may be prescribed by the authority, to the bidder whose bid...
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41-29-504
Section 41-29-504 Details respecting the 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 or a facsimile of such seal shall be printed or otherwise reproduced thereon;
provided, that: (a) 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 being manually subscribed
thereon, and (b) 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 and the secretary designates a trustee or paying agent or named individuals who are
employees of the state and who are assigned to the finance department or the state treasurer's
office of the state to authenticate the bonds. Any bonds of the authority may...
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16-60-91
Section 16-60-91 Execution, form, terms, sale, etc., of bonds; use of proceeds; security;
bonds legal investments. 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 his 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 president's signature may be printed or otherwise reproduced
on any such interest coupons in lieu of his signing the same. Any bonds of the authority may
be executed and delivered by it at any time and from time to time, shall be in such form and
denominations and of such tenor and maturities, shall bear such rate or...
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23-1-157
Section 23-1-157 Bonds - Generally. (a) The bonds of the corporation shall be signed
by its president or vice president and attested by its secretary; provided, that a facsimile
of the signature of the officers may be imprinted or otherwise reproduced on any such bonds
in lieu of his or her signing the same. The seal of the corporation shall be affixed to such
bonds; provided, that a facsimile of the seal may be imprinted or otherwise reproduced on
any such bonds in lieu of being manually affixed thereon. (b) Any bonds of the corporation
may be executed and delivered at any time and from time to time, shall be in such form and
denominations and of such tenor and maturities, shall bear such rate or rates of interest
payable and evidenced in such manner, may contain provisions for redemption prior to maturity
and may contain other provisions not inconsistent with this article, all as may be provided
by the resolution of the board of directors whereunder such bonds are authorized to be...

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23-1-177
Section 23-1-177 Bonds - Generally. (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 printed or otherwise reproduced thereon; 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 signing the same. (b) Any bonds of the corporation may be executed and
delivered by it at any time and from time to time, shall be in such form and denominations
and of such tenor and maturities, shall bear such rate or rates of interest payable and evidenced
in such manner, may contain provisions for redemption prior to maturity, and may contain such
other provisions not inconsistent with this article, all as may be provided by the resolution
of the board of directors under which such bonds are authorized to be issued; provided, that
no bond of the corporation shall have a specified maturity date...
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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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11-88-95
Section 11-88-95 Notice of and sale or exchange of bonds. All bonds issued under this
article, except bonds issued to the contractor and except funding and refunding bonds issued
by exchange as provided in this section, shall be sold to the highest bidder at public
sale; provided, that if at a duly advertised public sale in accordance with this section
no legal bid acceptable to the governing body shall be received, then such bonds may be sold
within 30 days thereafter at private sale to the United States of America or to the State
of Alabama. The public sale shall be either on sealed bids or at auction. The notice of a
public sale shall state whether the sale is to be on sealed bids or at auction and shall also
briefly recite the amount of the bonds to be sold, the maturities thereof, the amount payable
at each maturity, any redemption or prepayment privileges, the frequency with which interest
will be payable, either the rate or rates of interest which the bonds are to bear or that...

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