|
41-10-541
acquired or operated by the authority and to pay any other costs, expenses or obligations of
the authority. (17) NET TVA PAYMENTS. With respect to any fiscal year of the state, the in-lieu-of-taxes
payments made by the Tennessee Valley Authority to and retained by the state during such fiscal
year after distributions made pursuant to Section 40-28-2 and after compliance with Section
41-9-783. (18) PERSON. Unless limited to a natural person by the context in which it is used,
includes a private firm, a private association, a public or private corporation,
a municipality, a county, or an agency, department, or instrumentality of the state or of
a county or municipality. (19) PROJECT. Any land, building, or other improvement, and all
real and personal properties deemed necessary or useful in connection therewith, whether or
not now in existence, that are or are to be located in the state and that have been or are
to be acquired, constructed, expanded, or installed for use (i) by an...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-541.htm - 13K - Match Info - Similar pages
37-11A-1
such bonds and notes are made payable. (11) To exercise, with respect to property located in
Alabama in the manner provided by the laws of Alabama and with respect to property located
in Mississippi in the manner provided by the laws of Mississippi, the power of eminent domain
with respect to any property, real, personal, or mixed. The authority shall not acquire by
eminent domain any real property or rights owned or held by railroads, transportation companies,
or utilities, either public or private. (12) To appoint, employ, contract with, and
provide for compensation of officers, employees, and agents, including engineers, attorneys,
consultants, fiscal advisers, and such other employees as the business of the authority may
require, including the power to fix working conditions by general rule and other conditions
of employment; and at its option to provide a system of disability pay, retirement compensation,
and pensions, or any of them; and to hire and fire servants, agents,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/37-11A-1.htm - 33K - Match Info - Similar pages
23-7-2
Section 23-7-2 Definitions. For the purposes of this chapter, the following words shall have
the following meanings: (1) BANK. The Alabama Transportation Infrastructure Bank. (2) BOARD.
The board of directors of the bank. (3) BONDS. Includes bonds, notes, or other evidence of
indebtedness except as otherwise provided in this chapter. (4) DEPARTMENT or DEPARTMENT OF
TRANSPORTATION. The Alabama Department of Transportation. (5) ELIGIBLE COST. As applied to
a qualified project to be financed from the federal highway account, the costs that are permitted
under applicable federal laws, requirements, procedures, and guidelines in regard to establishing,
operating, and providing assistance from the bank. As applied to a qualified project to be
financed from the state highway account, these costs include the costs of preliminary engineering,
traffic, and revenue studies; environmental studies; right-of-way acquisition; legal and financial
services associated with the development of the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/23-7-2.htm - 9K - Match Info - Similar pages
11-97-2
services pursuant to a utility services agreement. (16) INCORPORATORS. The persons forming
a public corporation pursuant to the provisions of this chapter. (17) INSTRUMENTALITY. With
respect to any county or municipality, any public corporation, public authority, board, commission
or other similar body that is incorporated, established, or controlled by such county or municipality.
(18) MUNICIPALITY. An incorporated municipality in the state. (19) PERSON. Any natural person,
public or private corporation (including, without limitation to, any corporation incorporated
hereunder), partnership, trust, foundation, government or governmental body, political subdivision,
or other legal entity. (20) PROVIDER. Any person that provides utility services to any user
pursuant to a utility services agreement. (21) REVENUES. All rentals, receipts, income, and
other charges derived or received or to be derived or received by the corporation, from any
of the following: The operation by the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-97-2.htm - 10K - Match Info - Similar pages
41-10-547
such rate or rates of interest, shall be payable at such times and evidenced in such manner,
may be made subject to redemption at the option of the authority at such times and after such
notice and on such conditions and at such redemption price or prices, and may contain such
other provisions not inconsistent herewith, all as may be provided by the resolution of the
directors of the authority under which the bonds are authorized to be issued. Bonds of the
authority may be sold at public or private sale from time to time as the directors
may consider advantageous. (c) Subject to the provisions and limitations contained in this
division, the authority may from time to time sell and issue refunding bonds for the purpose
of refunding any matured or unmatured bonds of the authority or authority-guaranteed obligations
then outstanding. The authority may pay out of the proceeds of the sale of refunding bonds
such fees and the expenses of issuance which the said directors may deem necessary...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-547.htm - 9K - Match Info - Similar pages
19-3-120
estate under its control or from itself for any trust or estate any such loan, bond, or other
evidence of indebtedness secured by mortgage, or interest therein, unless the items so acquired
shall in good faith and with due diligence have originally been made or acquired by the fiduciary
for trust investment; and provided further, that this section shall not, insofar as the same
is prohibited by the constitution of this state, authorize the investment of such funds in
the stocks or bonds of private corporations. (7) As a deposit in the savings department
of any bank which is a member of the Federal Deposit Insurance Corporation. In the event the
fiduciary is such a bank, such deposit may be made in its own savings department, and in such
event, it shall only be liable for interest thereon at the same rates, and subject to the
same regulations as other savings deposits therein; provided, that any such deposit in the
savings account shall not exceed the amount authorized to be insured...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/19-3-120.htm - 5K - Match Info - Similar pages
8-6-2
Section 8-6-2 Definitions. When used in this article, unless the context otherwise requires,
the following terms shall have the meanings respectively ascribed to them by this section:
(1) COMMISSION or SECURITIES COMMISSION. The securities commission. (2) AGENT. Any individual
other than a dealer who represents a dealer or issuer in effecting or attempting to effect
sales of securities, but such term does not include an individual who represents an issuer
in: a. Effecting a transaction in a security exempted by subdivisions (1), (2), (3), (4),
(9) or (10) of Section 8-6-10; b. Effecting transactions exempted by Section 8-6-11; or c.
Effecting transactions with existing employees, partners, or directors of the issuer if no
commission or other remuneration is paid or given directly or indirectly for soliciting any
person in this state. A partner, officer, or director of a dealer or issuer is an agent if
he otherwise comes within this definition. (3) DEALER. Any person engaged in the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/8-6-2.htm - 11K - Match Info - Similar pages
45-37-170.26
the following powers together with all powers incidental thereto or necessary for the performance
of the powers stated in this section: (1) To have succession by its corporate name without
time limit. (2) To sue and be sued and to prosecute and defend civil actions in any court
having jurisdiction of the subject matter and of the parties. (3) To have and to use a corporate
seal and to alter the same at its pleasure. (4) To receive and expend funds from federal,
state, county, municipal, and private sources for the purposes hereof. (5) To dig channels,
build dikes, dams, and lakes or ponds to contain flood waters as deemed useful by it to improve
flood control, and whenever practical to build any and all facilities which can contribute
to the use of such flood control channels for navigation. (6) To contract with municipalities
and counties for the financing and joint construction and operation of such facilities. (7)
To be responsible for regulating and facilitating traffic and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-37-170.26.htm - 3K - Match Info - Similar pages
45-2-245.20
Section 45-2-245.20 Trust fund established; administration. (a) Any laws or parts of laws to
the contrary notwithstanding, any annual privilege tax levied upon persons engaging in the
business of producing or severing oil or gas or other hydrocarbons from the soil or waters
of Baldwin County measured by the gross value of such oil or gas or other hydrocarbons and
which tax is applicable only in Baldwin County and under which collections were being made
on January 1, 1987, shall be continued and collected only as herein prescribed. (1) All revenues
collected from such local severance taxes, shall, beginning the first day of the month following
May 19, 1989, be paid into the general fund of the county exclusively for transfer and deposit
into the trust fund hereby established until the total sum of fifteen million dollars ($15,000,000)
in severance tax revenues of the type described in this section, excluding any interest income
on amounts deposited therein from such total sum, has been...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-2-245.20.htm - 6K - Match Info - Similar pages
11-32-7
chapter. (16) Execute and deliver, in accordance with Sections 11-32-9 and 11-32-13, mortgages
and deeds of trust and trust indentures, or either. (17) Exercise the power of eminent domain,
except as limited by state law, except the authority may not acquire, without the consent
of the owner, any transportation system from which public transportation service is currently
being furnished. The authority may not by eminent domain acquire any real property or rights
owned or held by public or private railroads or utilities. (18) Expend funds for the
purchase or lease of materials, equipment, supplies, or other personal property without compliance
with Chapter 16 of Title 41. (19) Appoint, employ, contract with, and provide for the compensation
of, officers, employees, and agents, including, but without limitation to, engineers, attorneys,
management consultants, fiscal advisers, or other consultants without regard to Chapter 16
of Title 41, or any law establishing a civil service or...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-32-7.htm - 14K - Match Info - Similar pages
|