11-47-233
Section 11-47-233 Notice respecting issuance of bonds; limitation of actions contesting validity
of bonds. Upon the adoption by the board of an authority of any resolution providing for the
issuance of bonds, the authority shall cause a notice respecting the issuance of the bonds
to be published once a week for two consecutive weeks in each county in which shall be located
any project financed or in any way assisted by the issuance of the bonds, the publication
in each county to be in a newspaper having general circulation therein. The notice shall be
in substantially the following form (the blanks being properly filled in) at the end of which
shall be printed the name and title of either the chair or secretary of the authority: "___,
a public corporation and instrumentality of the State of Alabama, on the _____ day of ___,
authorized the issuance of $ _____ principal amount of bonds (or notes, as the case may be)
of the public corporation for purposes authorized in the act...
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4-3-15
Section 4-3-15 Publication of notice of bond resolution; limitation period for proceedings
to challenge validity of bonds, proceedings for issuance, etc. Upon the adoption by the board
of any resolution providing for the issuance of bonds, the authority may, in its discretion,
cause to be published, once a week for two consecutive weeks, in a newspaper that is customarily
published in this state not less than five days in each calendar week and distributed in the
county in which is located the principal office of the authority, a notice in substantially
the following form (the blanks being properly filled in) at the end of which there shall be
printed the name and title of either the chairman or secretary of the authority: "___,
a public corporation of the State of Alabama, on the ____ day of ______, authorized the issuance
of $_____ principal amount of revenue bonds of the said corporation for purposes authorized
in the act of the Legislature of Alabama under which the said...
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11-88-98
Section 11-88-98 Bonds containing recital as to issuance under article deemed to have been
issued, sold, etc., in conformity with same; limitation period for actions or proceedings
as to issuance of bonds. Any bonds reciting that they are issued pursuant to this article
shall in any action or proceeding involving their validity be conclusively deemed to be fully
authorized by this article and to have been issued, sold, executed, and delivered in conformity
herewith and with all other provisions of statutes applicable thereto and shall be incontestable,
anything in this article or in other statutes to the contrary notwithstanding, unless such
action or proceeding is begun before or within 30 days after the day upon which the bonds
are delivered and paid for. (Acts 1973, No. 826, p. 1293, §58.)...
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23-2-149
Section 23-2-149 Trust agreements securing bond issues; authorized provisions protecting holders;
pledge of revenues. In the discretion of the authority, any bonds issued under the provisions
of this article may be secured by a trust agreement by and between the authority and a corporate
trustee, which may be any trust company, or bank having the powers of a trust company, within
or without the state. The trust agreement or the resolution providing for the issuance of
such bonds subject to the provisions of Section 23-2-147, may pledge or assign tolls or other
revenues to which the authority's right then exists or which may thereafter come into existence,
and the moneys derived therefrom, and the proceeds of such bonds; provided, however, that
the trust agreement or resolution shall not convey or mortgage any toll road, bridge or tunnel
project or any part thereof. Such trust agreement or resolution providing for the issuance
of bonds may contain such provisions for protecting and...
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11-50-349
Section 11-50-349 Remedies of bondholders and trustees. Any holder of revenue bonds issued
under the provisions of this article or of any of the coupons appertaining thereto and the
trustee under any trust agreement, except to the extent the rights given by this section may
be restricted by the resolution authorizing the issuance of such bonds or such trust agreement,
may, either by civil action, mandamus, or other proceeding, protect and enforce any and all
rights under the laws of the state or granted under this section or under such resolution
or trust agreement, and may enforce and compel the performance of all duties required by this
article or by such resolution or trust agreement to be performed by the board or by any officer
thereof including the fixing, charging, and collecting of rates, fees, and charges for the
use of or for the services and facilities furnished by the water system or sewer system. (Acts
1951, No. 775, p. 1359, §13.)...
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11-92C-12
Section 11-92C-12 Notice of bond resolution. (a) Upon the adoption by the board of an authority
of any resolution providing for the issuance of bonds, the authority may publish once a week
for two consecutive weeks, in a newspaper published and having general circulation in the
geographical area of the authorizing subdivision, a notice in substantially the following
form, the blanks properly filled in, at the end of which shall be printed the name and title
of either the chair or secretary of the authority. "The _____ Local Redevelopment Authority,
a public corporation under the laws of the State of Alabama, on the _____ day of _____ authorized
the issuance of $_____ principal amount of bonds of the public corporation for purposes authorized
by the state law under which the public corporation was organized. Any action or proceeding
questioning the validity of the bonds, or the pledge and the mortgage and deed of trust or
trust indenture to secure the same, or the proceedings...
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11-97-25
Section 11-97-25 Notice of bond resolution; contest to validity of bonds, etc. (a) Upon the
adoption by the board of any corporation of any resolution providing for the issuance of bonds,
such corporation may, in the discretion of its board, cause a notice respecting the issuance
of such bonds to be published once a week for two consecutive weeks in each county in which
shall be located any facility financed or in any way assisted by the issuance of such bonds,
such publication in each such county to be in a newspaper having general circulation therein.
Such notice shall be in substantially the following form (the blanks being properly filled
in), at the end of which shall be printed the name and title of either the chairman or secretary
of such corporation: "___, a public corporation and instrumentality of the State of Alabama,
on the ______ day of _____, authorized the issuance of $_____ principal amount of bonds (or
notes or other obligations, as the case may be) of the said...
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11-61A-21
Section 11-61A-21 Publication of notice. Upon the adoption by the board of any resolution providing
for the issuance of bonds, the authority may cause to be published once a week for two consecutive
weeks, in a newspaper that is customarily published in this state not less than five days
in each calendar week and distributed in the county in which the principal office of the authority
is located, a notice in substantially the following form (the blanks being properly filled
in) at the end of which there shall be printed the name and title of either the chair or secretary
of the authority: "_____ a public corporation of the State of Alabama, on the _____ day
of _____,_____, authorized the issuance of $ _____ principal amount of revenue bonds of the
corporation for purposes authorized in the act of the Legislature of Alabama under which the
corporation was organized. Any action or proceeding questioning the validity of the bonds,
or the pledge and any instruments securing the bonds, or...
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45-23A-91.12
Section 45-23A-91.12 Notice of bond resolution. (a) Upon the adoption by the board of the authority
of any resolution providing for the issuance of bonds, such authority may, in its discretion,
cause to be published once a week for two consecutive weeks, in a newspaper published or having
a general circulation in the city, a notice in substantially the following form (the blanks
being properly filled in) at the end of which shall be printed the name and title of either
the chair or secretary of such authority: "Ozark Downtown Redevelopment Authority, a
public corporation under the laws of the State of Alabama, on the _____ day of _____, authorized
the issuance of $_____ principal amount of bonds of the public corporation for purposes authorized
in the act of the Legislature of Alabama under which the public corporation was organized.
Any action or proceeding questioning the validity of the bonds, or the pledge and the mortgage
and deed of trust or trust indenture to secure the same, or...
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45-27A-31.12
Section 45-27A-31.12 Notice of bond resolution. (a) Upon the adoption by the board of the authority
of any resolution providing for the issuance of bonds, such authority may, in its discretion,
cause to be published once a week for two consecutive weeks, in a newspaper published or having
a general circulation in the city, a notice in substantially the following form, the blanks
being properly filled in, at the end of which shall be printed the name and title of either
the chair or secretary of such authority: "The Brewton Development Authority, a public
corporation under the laws of the State of Alabama, on the ___ day of ___, authorized the
issuance of $____ principal amount of bonds of the public corporation for purposes authorized
in the act of the Legislature of Alabama under which the public corporation was organized.
Any action or proceeding questioning the validity of the bonds, or the pledge and the mortgage
and deed of trust or trust indenture to secure the same, or the...
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