Code of Alabama

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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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11-85-107
Section 11-85-107 Bonds - Authentication; redemption; sale; refunding; use of proceeds;
security; investment of funds. 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 or a
facsimile of such seal shall be printed or otherwise reproduced thereon; 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 and a facsimile
of the signatures of both of the officers may be printed or otherwise reproduced on such bonds
in lieu of being manually affixed thereof if the authority, in its proceedings with respect
to issuance of the bonds, provides for manual authentication of such bonds. The State Treasurer
shall be registrar, transfer agent, and paying agent for the bonds. The State Treasurer may
designate named individuals who are employees of the state and who are assigned to...
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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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41-29-504
Section 41-29-504 Details respecting the 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 or a facsimile of such seal shall be printed or otherwise reproduced thereon;
provided, that: (a) a facsimile of the signature of one, but not both, of the officers may
be printed or otherwise reproduced on any such bonds in lieu of being manually subscribed
thereon, and (b) a facsimile of the signatures of both of the officers may be printed or otherwise
reproduced on such bonds in lieu of being manually affixed thereof if the authority, in its
proceedings with respect to issuance of the bonds, provides for manual authentication of such
bonds and the secretary designates a trustee or paying agent or named individuals who are
employees of the state and who are assigned to the finance department or the state treasurer's
office of the state to authenticate the bonds. Any bonds of the authority may...
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16-16B-8
Section 16-16B-8 (Implementation Conditioned on Separate Legislative Enactment.) Refunding
bonds. For the purpose of refunding any Bonds or Refunding Bonds of the Authority issued under
the provisions of this chapter, the 1965 Act, the 1971 Acts, the 1973 Act, the 1978 Act, the
1985 Act, the 1990 Act, the 1995 Act, the 1998 Act, the 1999 Act, the 2001 Act, the 2002 Act,
the 2003 Act, the 2007 Act or any other act previously enacted, or any combination thereof,
whether such refunding shall occur before, at or after the maturity of the Bonds refunded
and for the purpose of paying all premiums and expenses of such refunding (including, but
not limited to, attorneys' fees, costs of printing the Refunding Bonds, fiscal agents' fees,
and accountants' fees), the Authority is hereby authorized to sell and issue its Refunding
Bonds. Such Refunding Bonds may be sold and issued from time to time, at public sale, on sealed
bids and on such other terms and conditions as the Authority shall...
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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

22-23B-7
Section 22-23B-7 Purpose; issuing, selling and refunding of bonds. For the purpose of
providing funds for the authority to make loans to public bodies for a project or projects,
or for the payment of obligations incurred or temporary loans made for any of said purposes,
the authority is hereby authorized, from time to time, to issue and sell its bonds or other
evidences of indebtedness. Such bonds may be issued in one or more series; shall be in such
form and denominations and of such terms and maturities, not exceeding 30 years from the date
of issue of each series; shall bear such rate or rates of interest, payable and evidenced
in such manner; may contain such provisions for registration or for redemption prior to maturity;
and may contain such other provisions not inconsistent herewith, all as may be provided by
the authorizing resolution. As security for the payment of the principal of and interest on
its bonds, the authority is authorized to pledge, transfer and assign any...
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41-10-462
Section 41-10-462 Bonds of authority. 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 rates of interest, payable and evidenced
in such manner, may contain provisions for redemption prior to maturity, and may contain other
provisions not inconsistent herewith, all as may be provided by the resolution of the board
of directors whereunder such bonds are authorized to be issued; provided, that no bond of
the authority shall have a specified maturity date later than 30 years after its date. Each
bond of the authority having a specified maturity date more than 10 years after its date shall
be made subject to redemption at the option of the authority at the end of the 10th year after
its date, and on any interest payment date thereafter, under such terms and conditions and
at such premiums, if any, as may be provided in the resolution under which...
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16-17-10
Section 16-17-10 Bonds of authority. (a) All bonds issued by the authority shall be
signed by its chairman and attested by its secretary, and the seal of the authority shall
be affixed thereto, and any interest coupons applicable to the bonds of the authority shall
be signed by the said chairman; 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 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 signature of the chairman of the authority may be printed or otherwise reproduced on
any such interest coupons in lieu of his manually signing the same. (b) Any such bonds may
be executed and delivered by the authority at any time and from time to time, shall be in
such form and denominations and of such tenor and maturities, shall contain such provisions...

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16-18-11
Section 16-18-11 Bonds of authority. (a) All bonds issued by the authority shall be
signed by its chairman and attested by its secretary, and the seal of the authority shall
be affixed thereto, and any interest coupons applicable to the bonds of the authority shall
be signed by the said chairman; 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 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 signature of the chairman of the authority may be printed or otherwise reproduced on
any such interest coupons in lieu of his manually signing the same. (b) Any such bonds may
be executed and delivered by the authority at any time and from time to time, shall be in
such form and denominations and of such tenor and maturities, shall contain such provisions...

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