24-1-76
Section 24-1-76 Remedies conferrable upon obligees of authority by trust indenture,
mortgage, etc. Any authority shall have power by its trust indenture, mortgage, lease, or
other contract to confer upon any obligee holding or representing, a specified amount in bonds,
lease, or other obligations, the right upon the happening of an "event of default,"
as defined in such instrument: (1) By civil action in any court of competent jurisdiction
to obtain the appointment of a receiver of any housing project of the authority, or any part
or parts thereof. If such receiver be appointed, he may enter and take possession of such
housing project, or any part or parts thereof, and operate and maintain same, and collect
and receive all fees, rents, revenues, or other charges thereafter arising therefrom in the
same manner as the authority itself might do and shall keep such moneys in a separate account
or accounts and apply the same in accordance with the obligations of the authority as the
court...
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45-2A-61.01
Section 45-2A-61.01 Acquisition and administration of cable television system and auxiliary
services. In addition to all other powers, rights, and authority heretofore granted by law:
(1) Such utilities board is hereby authorized and empowered to acquire, purchase, construct,
lease, operate, maintain, enlarge, extend, and improve a cable television system which may
be defined, without limiting the generality, as a facility that in whole or in part, receives
directly, or indirectly, or over the air, and amplifies or otherwise modifies the signal transmitting
programs broadcast by one or more television or radio stations, and distributes such signals
by wire or cable to subscribing members of the public who pay for such service; and (2) Such
utilities board is hereby authorized and empowered to acquire, purchase, lease, construct,
operate, maintain, enlarge, extend, and improve a system of auxiliary services which may be
identified generally as any communication service, in addition to...
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11-50B-3
Section 11-50B-3 Permitted activities by public providers; lease of equipment by municipal
governing bodies. In addition to all other power, rights, and authority heretofore granted
by law, public providers may acquire, establish, purchase, construct, maintain, enlarge, extend,
lease, improve, and operate cable systems, telecommunications equipment and telecommunications
systems, and furnish cable service, interactive computer service, Internet access, other Internet
services, and advanced telecommunications service, or any combination thereof, in the case
of a public provider that is a municipality, to the inhabitants of the municipality and police
jurisdiction, the area within the territorial jurisdiction of the municipal planning commission
determined in accordance with the provisions of Section 11-52-30, as amended, and any
area in which the municipality furnishes or sells any utility, such as electricity, gas, water,
or sewer, and in the case of a public provider that is a...
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45-39-250.01
Section 45-39-250.01 Authority to operate cable, telecommunication, etc., systems. In
addition to all other power, rights, and authority heretofore granted by law, municipalities
and municipal instrumentalities in Lauderdale County may acquire, establish, purchase, construct,
maintain, enlarge, extend, lease, improve, and operate cable systems, telecommunications equipment,
and telecommunications systems, and furnish cable service, interactive computer service, and
Internet access and other Internet services and telecommunications service, or any combination
thereof, to the inhabitants of the municipality and surrounding territory. Notwithstanding
any other provision of this part, municipalities and municipal instrumentalities in Lauderdale
County may furnish to the inhabitants of the municipality in Lauderdale County and surrounding
territory: Internet access and other Internet services; meter reading services; appliance,
equipment, or facilities monitoring; alarm monitoring service...
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24-1-33
Section 24-1-33 Powers of authority to secure payment of bonds, etc. In connection with
the issuance of bonds or the incurring of any obligation under a lease and in order to secure
the payment of such bonds or obligations, the authority shall have power: (1) To pledge by
resolution, trust indenture, mortgage, subject to the limitations hereinafter imposed, or
other contract all or any part of its rents, fees or revenues. (2) To covenant against mortgaging
all or any part of its property, real or personal, then owned or thereafter acquired, or against
permitting or suffering any lien thereon. (3) To covenant with respect to limitations on its
right to sell, lease or otherwise dispose of any housing project, or any part thereof, or
with respect to limitations on its right to undertake additional housing projects. (4) To
covenant against pledging all or any part of its rents, fees and revenues to which its right
then exists, or the right to which may thereafter come into existence, or...
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24-1-72
Section 24-1-72 Powers of authority to secure payment of bonds, etc. In connection with
the issuance of bonds or the incurring of any obligation under a lease and in order to secure
the payment of such bonds or obligations, the authority shall have power: (1) To pledge by
resolution, trust indenture, mortgage, subject to the limitations hereinafter imposed, or
other contract all or any part of its rents, fees, or revenues. (2) To covenant against mortgaging
all or any part of its property, real or personal, then owned or thereafter acquired, or against
permitting or suffering any lien thereon. (3) To covenant with respect to limitations on its
right to sell, lease, or otherwise dispose of any housing project, or any part thereof, or
with respect to limitations on its right to undertake additional housing projects. (4) To
covenant against pledging all or any part of its rents, fees, and revenues to which its right
then exists, or the right to which may thereafter come into existence, or...
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45-49A-64.11
Section 45-49A-64.11 Statutory mortgage lien. Any resolution of the board or trust indenture
under which bonds may be issued pursuant to this part may contain provisions creating a statutory
mortgage lien, in favor of the holders of such bonds and of the interest coupons applicable
thereto, on the transit systems, or any thereof (including any after-acquired property) out
of the revenues from which such bonds are made payable. The resolution of the board or the
trust indenture may provide for the filing for record in the office of the judge of probate
of each county in which any part of such transit system, or any thereof, may be located of
a notice containing a brief description of such systems, a brief description of such bonds,
and a declaration that the statutory mortgage lien has been created for the benefit of the
holders of such bonds and the interest coupons applicable thereto, upon such systems, including
any additions thereto and extensions thereof. Each judge of probate...
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11-49A-12
Section 11-49A-12 Statutory mortgage lien; creation; filing of notice. Any resolution
of the board or trust indenture under which bonds may be issued pursuant to the provisions
of this chapter may contain provisions creating a statutory mortgage lien, in favor of the
holders of such bonds and of the interest coupons applicable thereto, on the transit systems,
or any thereof (including any after-acquired property) out of the revenues from which such
bonds are made payable. The said resolution of the board or the said trust indenture may provide
for the filing for record in the office of the judge of probate of each county in which any
part of such transit system, or any thereof, may be located of a notice containing a brief
description of such systems, a brief description of such bonds, and a declaration that said
statutory mortgage lien has been created for the benefit of the holders of such bonds and
the interest coupons applicable thereto, upon such systems, including any additions...
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11-49B-11
Section 11-49B-11 Statutory mortgage lien. The resolution of the board or trust indenture
that provides for the issuance of bonds may contain provisions creating a statutory mortgage
lien, in favor of the holders of the bonds and of the interest coupons on the transit systems,
including any after acquired property out of the revenues from which the bonds are made payable.
The resolution of the board or the trust indenture may provide for the filing for record in
the office of the judge of probate of each county in which any part of the transit system
may be located of a notice containing a brief description of the systems, a brief description
of the bonds, and a declaration that the statutory mortgage lien has been created for the
benefit of the holders of the bonds and the interest coupons applicable to the bonds upon
the systems, including any additions or extensions to the system. Each judge of probate shall
receive, record, and index the notice filed for record in his or her...
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11-81-178
Section 11-81-178 Statutory mortgage lien of bondholders - Creation generally; filing,
recordation, etc., of notice thereof. (a) In the authorizing proceedings or in the trust indenture,
if any, under which bonds may be issued pursuant to the provisions of this article, there
shall be created a statutory mortgage lien in favor of the holders of such bonds and of the
interest coupons applicable thereto on each system or systems (including any additions thereto
and extensions thereof that may be thereafter made) out of the revenues from which such bonds
are made payable. (b) The authorizing proceedings or such trust indenture may provide for
the filing for record in the office of the judge of probate of each county in which any part
of such system or systems may be located of a notice containing a brief description of such
system or systems, a brief description of such bonds and a declaration that said statutory
mortgage lien has been created for the benefit of the holders of such bonds...
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