22-3A-9
Section 22-3A-9 Form of bonds; redemption option. The bonds, which may be issued in
one or more series, shall be in such forms and denominations and of such tenor and maturities,
shall, if issued as interest-bearing bonds, bear such rate(s) of interest and be payable and
evidenced in such manner, shall be payable in such installments at such time(s) and at such
place(s), and may contain such other provisions not inconsistent with this chapter, all as
may be provided in the resolution(s) of the directors under which the bonds are authorized
to be issued; provided that none of the bonds shall have a specified maturity date later than
20 years after its date. At its election, the authority may retain in the resolution(s) under
which any of the bonds are issued an option to redeem all or any thereof and at such redemption
price(s) and after such notice(s) and on such dates and subject to such terms and conditions
as may be set forth in said resolution(s) and as may be briefly recited in...
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9-14A-11
Section 9-14A-11 Bonds - Redemption. The bonds of each series issued pursuant to this
chapter may be issued as serial bonds payable in annual installments or as term bonds or as
a combination thereof, and the principal of the bonds of each such series shall mature or
be subject to mandatory redemption according to such schedule as the respective board of directors
of said corporations shall determine in the resolution authorizing the issuance of such series.
The bonds may be made subject to redemption prior to their respective maturities, at the option
of the state, on such terms and conditions as shall be provided by the board of directors
of the corporation in the resolution authorizing the issuance of such series. Any or all of
such bonds subject to redemption at the option of the state may be called for redemption by
the corporations pursuant to a resolution adopted by the respective board of directors thereof
if pursuant to appropriations theretofore made by the Legislature the...
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41-9-962
Section 41-9-962 Authority to issue revenue bonds; purposes; redemption; maturity date
limitation; public or private sale; obligations of project not state; security. (a) The commission
shall have the power and authority to issue and sell at any time its revenue bonds for the
purpose of providing funds to acquire, transport, outfit, renovate, maintain, improve, and
berth the items relevant to the Tuskegee Airmen and other related historic artifacts and to
construct, improve, enlarge, complete, maintain, operate, and equip the museum established
in this article and for the payment of obligations incurred. (b) The principal of and interest
on any bonds shall be payable solely out of the revenues derived from the project. All bond
service payments shall be subordinate to the acquisition, establishment, and maintenance of
a reasonable maintenance and operating fund. (c) Any bonds of the commission may be delivered
by the commission at any time and shall be in such form and denominations...
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41-10-459
Section 41-10-459 Refunding bonds. The authority may from time to time sell and issue
its refunding bonds without limit as to principal amount for the purpose of refunding any
bonds of the authority at the time outstanding, paying the expenses of issuance thereof and
paying any premiums necessary to be paid to redeem any bonds so to be refunded; provided,
however, that no refunding bonds (other than refunding bonds issued to refund those bonds
of the authority designated Building Renovation Revenue Bonds, Series 1990, originally issued
in the aggregate principal amount of $29,500,000) shall be issued unless the present value
of all debt service on the refunding bonds (computed with a discount rate equal to the true
interest rate of the refunding bonds and taking into account all underwriting discount and
other issuance expenses) shall not be greater than 99 percent of the present value of all
debt service on the bonds to be refunded (computed using the same discount rate and taking...

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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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36-17-15
Section 36-17-15 Conversion of coupon bonds into registered bonds and vice versa. (a)
All bonds of the State of Alabama of every kind and character heretofore issued which constitute
a direct obligation of the State of Alabama, and for the payment of which the full faith and
credit of the State of Alabama is pledged, may be converted or exchanged from coupon bonds
into registered bonds of the same series, denominations and maturities and may be converted
or exchanged from registered bonds into coupon bonds of the same series, denominations and
maturities in such manner that coupon bonds and registered bonds of the same series, denominations
and maturities shall be interchangeable, at the option of the holder thereof. (b) The Treasurer,
with the approval of the Governor, is authorized to prescribe regulations for the registration
of bonds and for the conversion or exchange of coupon bonds into registered bonds of the same
series, denominations and maturities and for the conversion or...
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11-50-405
Section 11-50-405 Bonds - Authorization for issuance; form, terms, denominations, etc.;
execution and delivery; sale; refunding and exchange; issuance of interim receipts or temporary
bonds. The bonds of a district incorporated under this article shall be authorized by resolution
of the board of directors of the district and may be issued in one or more series, may bear
such date or dates, mature at such time or times, bear interest at such rate or rates, be
in such denominations, be in such form, either coupon or registered or both, be executed in
such manner, be payable in such medium of payment, at such place or places, be nonredeemable
or subject to such terms of redemption, with or without premium and be subject to being declared
or becoming due before the maturity date thereof as such resolution or resolutions may provide.
Said bonds may be issued for money or property, either at public or private sale and for such
price or prices as the board of directors shall determine. Such...
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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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11-50A-10
Section 11-50A-10 Validation of bonds. Except as otherwise provided in this section,
the validity of any bonds may be determined in the manner provided in Sections 11-81-220 through
11-81-227, provided that, as used in those sections: the term "unit" shall mean
the authority; the term "organizing subdivision" shall mean the state; the term
"obligations" shall include, in addition to the evidences of indebtedness listed
in Section 11-81-220(3), all contracts described in Section 11-50A-11; and the
term "district attorney" shall mean the attorney general of the state; and provided
further, that the authority shall not be required to specify in its complaint when, where,
and in what amounts principal and interest on the bonds are to be paid; and provided further,
that in its complaint the authority may, when stating the amount of obligations to be issued,
state the principal amount of bonds to be issued, whether the bonds are to be issued in separate
series or installments from time to...
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33-2-183
Section 33-2-183 Docks facilities revenue bonds and refunding bonds - Generally. The
docks facilities revenue bonds and the refunding bonds shall be in such forms and denominations
and of such tenor and maturities (either serial or term or a combination thereof), provided
that no docks facilities revenue bond or refunding bond shall have a specified maturity date,
including sinking fund redemptions, later than 30 years after its date, shall bear such rate
or rates of interest (including a zero rate of interest) payable and evidenced in such manner,
and may contain other provisions not inconsistent with this article, all as may be provided
in the order or orders of the director in which the docks facilities revenue bonds or the
refunding bonds, respectively, are authorized to be issued; provided, that no such order shall
be valid without the written approval of the Governor. Notwithstanding any other provision
of this article to the contrary, the director may, in connection with the...
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