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22-29-13
Section 22-29-13 Execution of bonds, certificates and promissory notes. The bonds, certificates
and promissory notes of the authority shall be signed by either its president or its vice-president,
as shall be provided in the authorizing resolution, and the seal of the authority shall be
affixed to any bonds so issued and attested by its secretary; provided, that a facsimile of
the signature of one, but not both, of the officers whose signatures shall appear on the bonds
may be imprinted or otherwise reproduced on any of the bonds in lieu of his manually signing
the same and provided, further, that a facsimile of the seal of the authority may be imprinted
or otherwise reproduced on any of the bonds in lieu of being manually affixed thereto. Any
interest coupons applicable to the bonds shall be executed with a facsimile of the signature
of the president or the treasurer as shall be provided in the authorizing resolution. In the
event that, after any of the bonds or interest coupons...
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11-32-9
Section 11-32-9 Bonds - Form and execution; sale; obligations; notice. (a) All bonds issued
by the authority shall be signed by the chair, vice chair, or executive director and attested
by its secretary or assistant secretary, and the seal of the authority shall be affixed thereto
except that a facsimile of the signature of the officers may be printed or otherwise reproduced
on any of the bonds in lieu of being manually subscribed on the bonds, a facsimile of the
seal of the authority may be printed or otherwise produced on the bonds in lieu of being manually
affixed thereto, if the bonds have been manually authenticated by a transfer agent of the
bond issue. Delivery of executed bonds shall be valid notwithstanding any changes in officers
or in the seal of the authority after the signing and sealing of the bonds. The bonds may
be executed and delivered by the authority at any time and from time to time, shall be in
the form and denominations and of the tenor and maturities, shall...
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2-3A-32
Section 2-3A-32 Execution. The bonds of each series thereof issued pursuant to this article
shall be sold by said authority at public sale as provided in Amendment 618. Said bonds shall
be executed in the name of the state by the Governor and countersigned by the chairman of
the authority, and the Great Seal of the State shall be impressed thereon and attested by
the Secretary of State. A facsimile of the signature of each such official may be imprinted
on any of said bonds in lieu of being manually inscribed thereon, and a facsimile of the Great
Seal of the State may be printed on said bonds in lieu of such seal being manually impressed
thereon. Each such facsimile signature shall be valid in all respects as if the officials
whose facsimile signatures are so used had signed said bonds in person, and any facsimile
of the Great Seal of the State so used shall be valid in all respects as if such seal had
been manually impressed on said bonds. In the event any official who shall sign any...
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2-3A-52
Section 2-3A-52 Execution. The bonds of each series thereof issued pursuant to this article
shall be sold by said authority at public sale as provided in Amendment 619. Said bonds shall
be executed in the name of the state by the Governor and countersigned by the chairman of
the authority, and the Great Seal of the State shall be impressed thereon and attested by
the Secretary of State. A facsimile of the signature of each such official may be imprinted
on any of said bonds in lieu of being manually inscribed thereon, and a facsimile of the Great
Seal of the State may be printed on said bonds in lieu of such seal being manually impressed
thereon. Each such facsimile signature shall be valid in all respects as if the officials
whose facsimile signatures are so used had signed said bonds in person, and any facsimile
of the Great Seal of the State so used shall be valid in all respects as if such seal had
been manually impressed on said bonds. In the event any official who shall sign any...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/2-3A-52.htm - 1K - Match Info - Similar pages
16-16B-4
Section 16-16B-4 (Implementation Conditioned on Separate Legislative Enactment.) Execution
and other details of the bonds. The Bonds shall be signed by the president or vice-president
of the Authority, and the seal of the Authority affixed thereto (or a facsimile thereof imprinted
thereon) and attested by its secretary. All signatures of the president, vice-president, and
secretary may be facsimile signatures if the Authority, in its proceedings with respect to
issuance, provides for manual authentication (which may be in the form of a certificate as
to registration) of the Bonds by a trustee, registrar or paying agent or by named individuals
who are employees of the State and who are assigned to the Finance Department or State Treasurer's
Office of the State. All Bonds bearing signatures or facsimiles of the signatures of officers
of the Authority in office on the date of signing thereof shall be valid and binding notwithstanding
that before the delivery thereof and payment therefor,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-16B-4.htm - 3K - Match Info - Similar pages
11-47-223
Section 11-47-223 Bonds of an authority - Signature and seal. All bonds of an authority shall
be signed in the name and behalf of the authority by its chair or vice-chair, and the seal
of the authority shall be affixed thereto and attested by its secretary or an assistant secretary.
Notwithstanding the foregoing, facsimiles of the signatures of the officers may be imprinted
or otherwise reproduced on any of the bonds in lieu of the officers manually signing the same
so long as the related indenture or other authorizing proceedings provide for the manual authentication
of the bonds by a trustee or paying agent, and provided further that a facsimile of the seal
of the authority may be imprinted, or otherwise reproduced, on any of the bonds in lieu of
being manually affixed thereto. If, after any of the bonds are so signed, whether manually
or by facsimile, any officer shall, for any reason, vacate his or her office, the bonds so
signed may nevertheless be delivered at any time thereafter...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-47-223.htm - 1K - Match Info - Similar pages
11-89A-9
Section 11-89A-9 Bonds of authority, generally. (a) Any authority shall have the power to issue,
sell, and deliver at any time and from time to time its bonds in such principal amount or
amounts as its board shall determine to be necessary to provide funds: (1) To finance the
costs of a facility or facilities; (2) To refund bonds theretofore issued or assumed by the
authority; (3) To provide funds to enable it to achieve any of its other corporate purposes;
or (4) To accomplish any one or more of the objectives referred to in subdivisions (1) through
(4). (b) Any such bonds may be executed and delivered by the authority at any time and from
time to time, may be in such form and denominations and of such tenor and maturities, may
be in registered or bearer form either as to principal or interest or both, may be payable
in such installments and at such time or times, not exceeding 45 years from the date thereof,
may be payable at such place or places whether within or without the State...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-89A-9.htm - 3K - Match Info - Similar pages
45-36-252.06
Section 45-36-252.06 Bonds of the authority; obligations. (a) In addition to all other powers
now or hereafter granted by law, the authority shall have the following powers, together with
all powers incidental thereto or necessary to the discharge thereof in corporate form: (1)
To sell and issue bonds of the authority in order to provide funds for any corporate function,
use, or purpose, any such bonds to be payable solely out of one or more of the following:
a. Any or all proceeds or receipts from the privilege, license, or excise tax levied on the
sale, distribution, storage, use, or consumption of tobacco and certain tobacco products in
Jackson County by Section 45-36-247. b. Any or all proceeds from any tax received by the Jackson
County Commission which are required by law to be deposited to the credit of the Jackson County
Water Authority. c. The revenues derived from any water, sewer, or garbage system or facility
of the authority. (2) To pledge for payment of any bonds issued...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-36-252.06.htm - 13K - Match Info - Similar pages
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...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-547.htm - 9K - Match Info - Similar pages
16-16A-7
Section 16-16A-7 Additional findings; bonds authorized; procedures. (a) The Legislature finds
that the number of students attending the several school systems located in those areas of
North Alabama that will be directly impacted by the 2005 BRAC and Subsequent BRAC Actions
will collectively increase by an estimated 9,000 students. As a result, there will be a need
for the construction of additional school facilities as well as the renovation of existing
school facilities. The Legislature also finds that the 2005 BRAC and Subsequent BRAC Actions
will have a positive impact on future receipts to the Education Trust Fund, as the significant
population growth in North Alabama will increase sales, income, and other tax collections.
Thus, it is an efficient use of state funds to allow such revenue growth to help pay for capital
improvement costs associated with BRAC-related school construction. (b) The Alabama Public
School and College Authority is hereby authorized to sell and issue its...
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