33-13-9
Section 33-13-9 Bonds - Generally. There are hereby authorized to be issued bonds of the state
in aggregate principal amount not exceeding $45,000,000.00 for the purpose of paying costs
of the development, construction, improvements, expansion and modernization (or any of them)
of the State Docks Department at the Port of Mobile. The bonds hereby authorized shall be
general obligations of the state, and the full faith, credit and taxing powers of the state
are hereby irrevocably pledged for the prompt and faithful payment of the principal thereof
and the interest thereon. The bonds may be sold from time to time as the board of directors
may deem advantageous; provided, that no bonds (other than refunding bonds) may be sold or
issued unless the Governor shall have first determined that the issuance of the bonds proposed
to be issued will be necessary to enable the authority to promote, develop, construct, improve,
expand and modernize the state docks facilities. Except as hereinafter...
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33-16-12
Section 33-16-12 Bonds - Generally. There are hereby authorized to be issued bonds of the state
in aggregate principal amount not exceeding $10,000,000.00. The bonds hereby authorized shall
be general obligations of the state, and the full faith and credit of the state are hereby
irrevocably pledged for the prompt and faithful payment of the principal of and the interest
on the bonds. The bonds may be sold from time to time as the board of directors may deem advantageous;
provided, that no bonds (other than refunding bonds) may be sold or issued unless the Governor
shall have first determined that the issuance of the bonds proposed to be issued will be necessary
to enable the authority to fulfill the requirements of local contribution, participation and
cooperation established by the United States in connection with the waterway project. Except
as hereinafter limited, the bonds may be executed and delivered at any time and from time
to time, may be in such forms, denominations, series...
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33-17-12
Section 33-17-12 Bonds - Generally. There are hereby authorized to be issued bonds of the state
in aggregate principal amount not exceeding $10,000,000.00. The bonds hereby authorized shall
be general obligations of the state, and the full faith and credit of the state are hereby
irrevocably pledged for the prompt and faithful payment of the principal of and the interest
on the bonds. The bonds may be sold from time to time as the board of directors may deem advantageous;
provided, that no bonds (other than refunding bonds) may be sold or issued unless the Governor
shall have first determined that the issuance of the bonds proposed to be issued will be necessary
to enable the authority to fulfill the requirements of local contribution, participation and
cooperation established by the United States in connection with the waterway and the flood
control project. Except as hereinafter limited, the bonds may be executed and delivered at
any time and from time to time, may be in such forms,...
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41-10-44.6
Section 41-10-44.6 Project obligations generally. (a) Issuance of project obligations. The
authority is authorized and empowered to issue its project obligations from time to time for
the purpose of financing one or more projects in such aggregate principal amount as the board
of directors shall determine to be necessary to provide for all or a portion of the project
costs of the project or projects being financed and to pay the expenses of issuing the project
obligations. (b) Source of payment. All project obligations issued by the authority shall
be limited obligations of the authority payable solely from any combination of the following:
(1) The revenues and receipts of the authority derived from the financing agreement or agreements
entered into by the authority with respect to the project or projects financed by such project
obligations; (2) the income or proceeds realized by the authority under any mortgage or other
security granted to the authority; (3) amounts derived from any...
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11-94-11
Section 11-94-11 Bonds of authority - Execution. All bonds shall be signed by the president
or vice president and the secretary or treasurer of the authority and the seal of the authority
shall be affixed thereto; provided that a facsimile of the signature of one, but not both,
of the officers whose signatures will appear on the bonds may be imprinted thereon 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 the bonds in lieu of being manually
affixed thereto. Coupons shall be signed by the president or vice president and the secretary
or treasurer of the authority, but a facsimile of the signature of such president or vice
president and such secretary or treasurer may be imprinted on any such interest coupons in
lieu of their manually signing the same. Delivery of bonds so executed shall be valid notwithstanding
any changes in officers or in the seal of the authority after the...
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22-23B-9
Section 22-23B-9 Signature; seal. The bonds of the authority shall be signed by its president
or vice-president and attested by its secretary, and the seal of the authority shall be affixed
thereto; provided, that a facsimile of the signatures of said officers may be printed or otherwise
reproduced on any such bonds in lieu of manual signatures thereon, and 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. (Acts 1997, No. 97-415, p. 687, §9.)...
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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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16-16-9
Section 16-16-9 Execution, form, terms and conditions of bonds; sale; refunding bonds; bonds
to be limited obligations; security for payment; bonds as negotiable instruments; exemption
from taxation; bonds as security for deposits and for investment of fiduciary funds. (a) 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 the 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 president's signature may be printed or otherwise reproduced on any
such interest coupons in lieu of his manually signing the same. (b) Any bonds...
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41-10-57
Section 41-10-57 Execution and delivery of bonds and interest coupons. The bonds shall be signed
by the president of the authority and attested by its secretary, and all interest coupons
applicable to the bonds shall be signed by the president of the authority; provided, that
a facsimile of the signature of one, but not of both, of said officers may be printed or otherwise
reproduced on any of the bonds in lieu of their being manually signed, and a facsimile of
the president's signature may be printed or otherwise reproduced on any of the interest coupons
in lieu of their being manually signed. The seal of the authority shall be impressed on the
bonds; provided, that a facsimile of said seal may be printed or otherwise reproduced on any
of the bonds in lieu of being manually impressed thereon. If any officer duly authorized thereunto,
after signing any of such bonds or the interest coupons thereunto appertaining, manually or
by facsimile, shall for any reason vacate said office, the...
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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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