|
33-2-188
Section 33-2-188 Docks facilities revenue bonds and refunding bonds - Disposition of proceeds
of refunding bonds. The proceeds of refunding bonds shall be applied, together with any other
moneys legally available therefor to the payment of the expenses authorized by this article
and to the payment of the principal of, premium, if any, and interest due and to become due
on any outstanding bonds to be refunded thereby and, if so required by order of the director,
shall be deposited by the department, with one or more trustees or escrow agents, which trustees
or escrow agents shall be trust companies or national or state banks, located either within
or without the state, having powers of a trust company, in an interest account to pay interest
on refunding bonds, and in a reserve account to further secure the payment of the principal
of, premium, if any, and interest on any refunding bonds. Proceeds of refunding bonds may
also be applied to repay the department's lease obligations with...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/33-2-188.htm - 6K - Match Info - Similar pages
36-28-8
Section 36-28-8 Contribution Fund. (a) There is hereby established a special fund to be known
as the Contribution Fund. Such fund shall consist of and there shall be deposited in such
fund: (1) All contributions, interest and penalties collected under Sections 36-28-5 and 36-28-7;
(2) All moneys appropriated thereto under this chapter; (3) Any property or securities and
earnings thereof acquired through the use of moneys belonging to the fund; (4) Interest earned
upon any moneys in the fund; and (5) All sums recovered upon the bond of the custodian or
otherwise for losses sustained by the fund and all other moneys received for the fund from
any other source. All moneys in the fund shall be mingled and undivided. Subject to the provisions
of this chapter, the state Comptroller is vested with full power, authority and jurisdiction
over the fund, including all moneys and property or securities belonging thereto, and may
perform any and all acts whether or not specifically designated,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-28-8.htm - 5K - Match Info - Similar pages
41-6-51
Section 41-6-51 Disposition and expenditure of fund. Such part of the fund as is derived from
gifts for a designated purpose shall be used and expended by the Director of the Department
of Archives and History in accordance with the terms of the gift. The remainder of the fund
shall be used and expended by the director in accordance with such policies as may be established
by the board of trustees, and, at each regular meeting of the board of trustees, the director
shall report all such expenditures made since the next preceding regular meeting. (Acts 1967,
No. 522, p. 1252, §2.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-6-51.htm - 892 bytes - Match Info - Similar pages
45-17-91.23
Section 45-17-91.23 Creation of Shoals Economic Development Fund; purposes for which moneys
in such fund may be expended. (a) There is created the Shoals Economic Development Fund, which
shall be a special or trust fund or account of the committee, and which shall be administered
in accordance with this subpart. (b)(1) The authority may, at any time and from time to time,
request that the committee authorize and approve the expenditure or appropriation of moneys
on deposit in the Shoals Economic Development Fund, but solely for purposes authorized in
subsection (c). Any such request may specify that such moneys shall be expended by, or appropriated
directly or indirectly to, any of the following: a. The authority itself. b. Either of the
counties, or any city or town located, in whole or in part, in either of the counties. c.
Any public corporation that has been organized with the approval or consent of any one or
more of the counties, the municipalities, or any other city or town in...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-17-91.23.htm - 8K - Match Info - Similar pages
22-32-5
Section 22-32-5 Radiation Safety Fund; licensing and inspection fees; bond of contractor-leasor;
perpetual care fund; operating fund; compact commission fund; royalty fees; appropriation.
(a) There is hereby created a Radiation Safety Fund into which the State Treasurer shall deposit
the licensing, application, and inspection fee of the Radiation Control Agency. The Radiation
Control Agency is authorized to collect for deposit into the Radiation Safety Fund application,
licensing and inspection fees equal to 75 percent of those fees charged by the U.S. Nuclear
Regulatory Commission for issuing similar licenses. This authority applies only to the specific
licenses issued by the Radiation Control Agency. The funds available in the Radiation Safety
Fund are appropriated to the State Health Department for the purpose of Title 22, Chapter
14. The moneys in this fund may be carried over from one fiscal year to the next provided
that any unencumbered funds in excess of $100,000.00 on...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-32-5.htm - 5K - Match Info - Similar pages
22-40A-22
Section 22-40A-22 Scrap Tire Fund. (a) A Scrap Tire Fund (STF), separate from the State General
Fund, is created for carrying out this chapter. (b) All monies within the STF shall be continuously
appropriated. All monies remaining in the Department of Public Health, designated for the
present STSC, after payment of all outstanding expenses, shall be transferred to the department
for program implementation by September 1, 2003, and all monies collected by the Alabama Department
of Public Health pursuant to the previous scrap tire program, including, but not limited to,
license fees, which accrue after September 1, 2003, shall be transferred to the department
on October 1, 2004. (c) The STF is authorized to receive funds from other sources outside
the scrap tire environmental fee, including interest generated from the STF, grants, allotments,
and contributions, whether public or private. (Act 2003-332, p. 823, §22.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-40A-22.htm - 1K - Match Info - Similar pages
40-26B-78
Section 40-26B-78 Certified public expenditure accounting. (a) Medicaid shall account for those
federal funds derived from certified public expenditures by publicly and state-owned hospitals
as those funds are received by Medicaid from the federal government. (b) The certified public
expenditure accounting shall be separate and distinct from the state General Fund appropriation
accounting. (c) Federal moneys accounted for shall not be used to replace other state General
Fund revenues appropriated and funded by the Legislature or other revenues used to support
Medicaid. (d) The moneys obtained by Medicaid from hospital certified public expenditure certifications
shall be used only as follows: (1) To make disproportionate share hospital payments under
this article; (2) To reimburse moneys collected by the department through error or mistake
under this article; or (3) For any other permissible purpose allowed under Title XIX of the
Social Security Act. (Act 2009-549, p. 1454, §2; Act...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/40-26B-78.htm - 1K - Match Info - Similar pages
41-10-45.3
Section 41-10-45.3 Loans; maximum amount of project obligations; refinancing; investment of
funds. (a) The authority may provide loans to an eligible borrower to pay for all or part
of the eligible expenses of a qualifying project pursuant to a targeted county financing agreement.
A loan may have a maturity or maturities not exceeding 20 years from its date, may bear interest
or be interest free, may not exceed the maximum loan amount, and may contain terms not in
conflict with the provisions of this article, all as the governing body of the authority may
provide in the proceedings pursuant to which the loan is authorized to be issued. The authority
may provide, in its discretion, that the loan shall bear interest at a rate or rates fixed
at the time of the issuance thereof, or at fixed rates which may be changed from time to time
during the term of the loan in accordance with an objective procedure determined by the authority
at the time of the issuance of the loan, or at a floating...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-45.3.htm - 3K - Match Info - Similar pages
16-33C-10
Section 16-33C-10 ACES Program generally. (a) The ACES Program is established as one college
savings alternative under the plan whereby contributors open ACES savings accounts according
to savings agreements for the payment of qualified higher education costs for a designated
beneficiary at eligible educational institutions, terms as defined in Section 529 of the Internal
Revenue Code of 1986, as amended, or other applicable federal law. The ACES Program includes
the ACES Trust Fund, the ACES Administrative Fund, and the ACES Opportunity Enhancement Fund
created pursuant to this chapter. The ACES Program may be marketed under a different name
than ACES. (b) The ACES Trust Fund is hereby created and shall be comprised of separate ACES
savings accounts held in segregated accounts as established by savings agreements. Funds contributed
to the ACES savings accounts established pursuant to the ACES Program are held in trust by
the Savings Board for the sole benefit of the contributor and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-33C-10.htm - 3K - Match Info - Similar pages
22-34-3
Section 22-34-3 Revolving fund established; use of funds; administration of fund; annual report.
(a) There is hereby established the Water Pollution Control Revolving Loan Fund, which shall
be maintained in perpetuity and operated by the department as agent for the authority for
the purposes stated herein. Grants from the federal government or its agencies allotted to
the state for capitalization of the revolving loan fund, state matching funds where required,
and loan principal, interest, and penalties shall be deposited as required by the terms of
the federal grant directly in the revolving loan fund. Money in the revolving loan fund shall
be expended in a manner consistent with terms and conditions of the federal capitalization
grants and may be used to provide loans for the construction or rehabilitation of public wastewater
treatment facilities; to secure principal and interest on bonds issued by the authority if
the proceeds of such bonds are deposited in the revolving loan fund...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-34-3.htm - 3K - Match Info - Similar pages
|