9-10A-15
Section 9-10A-15 Issuance of bonds. Bonds authorized by Section 9-10A-14 shall
not be issued until proposed by order or resolution of the board of directors of the watershed
management authority specifying the purpose for which the funds are to be used and the proposed
undertaking, the amount of bonds to be issued and the rate of interest they are to bear and
are approved by the Director of the state Department of Finance. An authority, with such approval,
shall have power and is authorized from time to time to issue its negotiable bonds. Said bonds
may be issued in one or more series, may bear such date or dates, mature at such time or times
not exceeding 40 years from their respective dates, bear interest at such rate or rates, payable
in such manner, be in such denominations, be in such form, either coupon or registered, be
executed in such manner, be payable in such medium of payment, at such place or places and
be subject to such terms of redemption, with or without premium, be...
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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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41-10-626
Section 41-10-626 Bonds of the authority. (a) General. The authority is authorized from
time to time to sell and issue its bonds in limited amounts and for the purpose of promoting
economic development and industrial recruitment as specified by the Legislature from time
to time by separate act, provided that refunding bonds may be issued by the authority pursuant
to Section 41-10-627 without first obtaining separate authorization from the Legislature.
(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...
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45-38-71.01
Section 45-38-71.01 Sale or disposal of county property. (a) This section shall
only apply in Lamar County. (b)(1) All contracts for the sale or disposal of real property,
tangible personal property, equipment, or other items owned by or under the control of the
county commission shall be let by free and open competitive sealed bids. The chair of the
county commission shall certify to the description and condition of the property, shall give
jurisdiction in writing for the disposal of the property, shall estimate the value of the
property, and shall keep the certification as a part of the permanent record of the commission.
Tangible personal property, equipment, or other items owned by or under the control of the
county commission which have trade-in value may be offered as a credit against the cost of
property purchased in accordance with the Alabama Competitive Bid Law. (2) Every proposal
to make a sale covered by this section shall be publicly advertised for four consecutive
weeks...
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11-58-7
Section 11-58-7 Bonds - Form, terms, denominations, etc.; execution, sale, delivery,
etc.; dissolution of corporation. (a) All bonds issued by a corporation organized under authority
of this chapter shall be solely and exclusively obligations of the corporation and shall not
create an obligation or debt of any municipality or county. No county or municipality shall
pledge its faith or credit for the payment of any debt incurred or bonds issued by the corporation.
(b) Bonds may be executed and delivered at any time and from time to time, may be in the form
and denominations, may be of the tenor, may be in registered or bearer form, either as to
principal or interest or both, may be payable in installments and at a time or times, not
exceeding 40 years from their issuance date, may be payable at a place or places, may bear
interest at a rate or rates payable at a place or places and evidenced in a manner, and may
contain provisions not inconsistent with this chapter as may be provided by...
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45-28-231
Section 45-28-231 Abandoned and stolen personal property. (a) The Sheriff of Etowah
County shall keep and maintain a permanent record of all abandoned and stolen personal property
recovered by the sheriff's office, which the records shall state the description of the property,
the date of recovery of the property, the serial or other identifying number of the property,
and the place of recovery of the property. The records shall be open to public inspection
at all reasonable times. All abandoned or stolen property recovered by the sheriff's office
shall be stored in a suitable place to protect the abandoned or stolen personal property from
deterioration. If the property is perishable, after reasonable attempts have been made to
locate and identify the owner thereof, and if the attempts are unsuccessful, the abandoned
or stolen personal property may be sold at once without notice. The proceeds shall be held
for a period of six months for the account of the owner and if the owner has not...
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45-40-232
Section 45-40-232 Sale of abandoned, stolen, and unclaimed property. (a) The Sheriff
of Lawrence County, at public auction, shall sell any abandoned and stolen personal property
recovered by the sheriff's department which has remained unclaimed by the rightful owner for
a period of six consecutive months. (b) The Sheriff of Lawrence County shall keep and maintain
a permanent record of all abandoned and stolen personal property recovered by the sheriff's
department which states the description of the property, the date of recovery, the serial
or other identifying number, and the place of recovery of the property. The records shall
be open to public inspection at reasonable times. All abandoned or stolen property recovered
by the sheriff's department shall be stored in a suitable place to protect the property from
deterioration. After reasonable attempts have been made to locate and identify the owner,
perishable property may be sold at once without notice. The proceeds shall be held for...

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41-10-271
Section 41-10-271 Acquisition, construction, etc., of judicial facilities; award of
contract; payments under contract; Building Commission expenses; revision of plans. The authority
shall proceed with the acquisition, construction, installation and equipping of the judicial
facilities as soon as may be practicable following the sale of the authority's bonds. Such
acquisition, construction, installation and equipping shall be done by the authority under
the supervision of the Building Commission upon the award of a contract or contracts for each
part of the work to the lowest responsible bidder after advertisement for and public opening
of sealed bids; provided, that for the purpose of determining the lowest responsible bidder,
the invitation for bids and the bidding documents shall be so arranged that alternates from
the base bid shall constitute cumulative deductions from the base bid in the event such alternates
should be selected. All such contracts shall be lump sum contracts and...
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41-10-93
Section 41-10-93 Authority for issuance of bonds by corporation; liability upon bonds;
form, terms, denominations, etc.; redemption; sale; payment of expenses in connection with
authorization, sale and issuance; bonds to contain recital as to authority for issuance; bonds
to be deemed negotiable instruments. The corporation is authorized at any time and from time
to time to issue its interest-bearing revenue bonds for the purpose of acquiring, constructing,
improving, enlarging, completing and equipping one or more projects. The principal of and
interest on any such bonds shall be payable solely out of the rent, revenues and income derived
from the project with respect to which such bonds are issued. None of the bonds of the corporation
shall ever constitute an obligation or debt of the state, the county or the municipality or
a charge against the credit or taxing power of the state, the county or municipality. The
bonds of the corporation may be in such form and denomination, may be...
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11-62-8
Section 11-62-8 Bonds and notes generally - Form, terms, denominations, etc.; execution,
sale, delivery, redemption, etc.; security for payment of principal or interest; remedies
upon default; liability of municipalities, board, etc., thereupon. (a) Any authority shall
have power to issue from time to time its bonds and notes in such principal amount as its
board shall determine to be necessary to provide sufficient funds for achieving any of its
corporate purposes, including the payment of interest on any of its notes and bonds, the establishment
of reserves to secure any such notes and bonds and all other expenditures of such authority
incident to and necessary or convenient to carry out its corporate purposes and powers. Any
authority shall also have the power to issue from time to time notes to renew notes and bonds
to pay notes, including interest thereon and, whenever it deems refunding expedient, to refund
any bonds by the issuance of new bonds, whether the bonds to be refunded...
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