Code of Alabama

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45-37-90.06
Section 45-37-90.06 Civic Center Authority - Revenue bonds. (a) Subject to the conditions,
qualifications, and restrictions set forth in subsection (e), the authority shall have the
power to borrow money and to issue revenue bonds as evidence of money so borrowed, which bonds
shall be payable solely from taxes made payable to the authority by any act of the Legislature
heretofore or hereafter adopted and from the revenues of the authority derived from the activities,
operations, and enterprises in which the authority is hereby authorized to engage. As security
for any money so borrowed, together with interest thereon, and any obligations incurred or
assumed, the authority, in its discretion, may mortgage, pledge, or otherwise transfer and
convey its real, personal, and mixed property, or any part or parts thereof, whether then
owned or thereafter acquired, including any franchises then owned or thereafter acquired,
and all or any part of the taxes payable to the authority under any act...
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45-37A-56.22
Section 45-37A-56.22 Definitions. Unless the context plainly indicates otherwise, the following
words and terms shall have the meanings hereby ascribed to them: (1) AUTHORITY. A public corporation
organized under this subpart. (2) BOARD. The board of directors of the authority (3) BOND.
Any bond authorized to be issued under this subpart. (4) CITY. A city subject to this subpart.
(5) COUPON. Any interest coupon evidencing an installment of interest payable with respect
to a bond. (6) DIRECTOR. A member of the board. (7) GOVERNING BODY. The body in which the
general legislative powers of the city are vested. (8) INDENTURE. A mortgage, and indenture
of mortgage, deed of trust, trust agreement, or trust indenture executed by the authority
as securityfor its bonds. (9) PARKING FACILITY. Any building, structure, land, right-of-way,
equipment, or instrumentality used or useful in connection with the construction, enlargement,
development, maintenance, or operation of an area or building for...
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45-39A-11.05
Section 45-39A-11.05 Civic Center Authority - Revenue bonds. (a) Subject to the conditions,
qualifications, and restrictions set forth in subsection (e), the authority shall have the
power to borrow money and to issue revenue bonds as evidence of money so borrowed, which bonds
shall be payable solely from taxes made payable to the authority by an act of the Legislature
heretofore or hereafter adopted and from the revenues of the authority derived from the activities,
operations, and enterprises in which the authority is hereby authorized to engage. As security
for any money so borrowed, together with interest thereon, and any obligations incurred or
assumed, the authority, in its discretion, may mortgage, pledge, or otherwise transfer and
convey its real, personal, and mixed property, or any part or parts thereof, whether then
owned or thereafter acquired, including any franchises then owned or thereafter acquired,
and all or any part of the taxes payable to the authority under any act...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-39A-11.05.htm - 9K - Match Info - Similar pages

11-49A-8
Section 11-49A-8 Powers of authority. The authority shall have the following powers, together
with all powers incidental thereto or necessary to the discharge thereof in corporate form:
(1) To have succession by its corporate name for the duration of time (which may be perpetual,
subject to the provisions of Section 11-49A-20) specified in its certificate of incorporation;
(2) To sue and be sued in its own name in civil suits and actions and to defend suits against
it; (3) To adopt and make use of a corporate seal and to alter the same at pleasure; (4) To
adopt and alter bylaws for the regulation and conduct of its affairs and business; (5) To
acquire, receive, and take, by purchase, gift, lease, devise, or otherwise, and to hold property
of every description, real, personal, or mixed, whether located in one or more counties or
municipalities and whether located within or outside the authorizing municipality; (6) To
make, enter into, and execute such contracts, agreements, leases, and...
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11-50A-19
Section 11-50A-19 Pledge of revenues. All or any part of the gross or net revenues derived
from any particular project or projects, whether or not such revenues were produced by a particular
project for which bonds have been issued, and any income and earnings otherwise received by
the authority from whatever source, and any other funds of the authority, may be pledged by
the authority to the payment of the principal of and interest on bonds as may be provided
in any resolution authorizing the issuance of any bonds or in any trust agreement or indenture
pertaining to those bonds. The funds so pledged may include funds received from one or more
or all sources and may be set aside at regular intervals into sinking funds for which provision
may be made in any resolution, trust agreement or indenture pertaining to the bonds. These
sinking funds may be pledged to and charged with the payment of (i) the interest on the bonds
as it shall become due, (ii) the principal of the bonds as they...
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11-61A-2
Section 11-61A-2 Definitions. Unless the context plainly indicates otherwise, the following
words and terms have the meanings ascribed to them: (1) AUTHORITY. A public corporation organized
under this chapter. (2) BOARD. The board of directors of an authority organized under this
chapter. (3) BOND. Any bond authorized to be issued under this chapter. (4) COUPON. Any interest
coupon evidencing an installment of interest payable with respect to a bond. (5) DIRECTOR.
A member of a board. (6) GOVERNING BODY. The body in which the general legislative powers
of the municipality are vested. (7) INDENTURE. A mortgage, an indenture of mortgage, deed
of trust, trust agreement, or trust indenture executed by an authority as security for its
bonds. (8) MUNICIPALITY. A Class 2 municipality subject to this chapter. (9) PARKING FACILITY.
Any building, structure, land, right-of-way, equipment, or instrumentality used or useful
in either of the following ways: a. In connection with the construction,...
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11-88-7
Section 11-88-7 Powers of authority generally; power of authority to acquire, operate, etc.,
systems, etc., outside service area; provisions in schedules of rates and charges generally;
powers of authority organized to construct and operate sewer system. (a) The authority shall
have the following powers, together with all powers incidental thereto or necessary to the
discharge thereof in corporate form: (1) To have succession by its corporate name for the
duration of time (which may be in perpetuity, subject to the provisions of Section 11-88-18)
specified in its certificate of incorporation; (2) To sue and be sued in its own name in civil
actions, except as otherwise provided in this article, and to defend civil actions against
it; (3) To adopt and make use of a corporate seal and to alter the same at pleasure; (4) To
adopt and alter bylaws for the regulation and conduct of its affairs and business; (5) To
acquire, receive, and take, by purchase, gift, lease, devise, or otherwise, and...
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16-17-7
Section 16-17-7 Powers of authority. The authority shall have the following powers, together
with all powers incidental thereto or necessary to the discharge thereof in corporate form:
(1) To have succession by its corporate name for the duration of time (which may be in perpetuity,
subject to the provisions of Section 16-17-19) specified in its certificate of incorporation;
(2) To sue and be sued in its own name in civil actions and to defend actions against it;
(3) To adopt and make use of a corporate seal and to alter the same at pleasure; (4) To adopt
and alter bylaws for the regulation and conduct of its affairs and business; (5) To acquire,
hold, receive and take by purchase, gift, lease, devise or otherwise, and to sell, transfer
and convey, property of every description, real, personal or mixed, wherever the same might
be located; (6) To make, enter into and execute such contracts, agreements, leases and other
instruments and to take such other actions as may be necessary or...
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16-17A-2
Section 16-17A-2 Definitions. For purposes of this chapter, the following terms shall have
the following meanings: (1) ACADEMIC MEDICAL CENTER. The teaching, research, and clinical
facilities provided, established, or operated by a constitutionally created public university
in the state or a university that operates a school of medicine. (2) AUTHORITY. A public corporation
organized pursuant to the provisions of this chapter. (3) BOARD. The board of directors of
an authority. (4) DIRECTOR. A member of the board of an authority. (5) GOVERNMENTAL ENTITY.
The state, a county, a municipality, or any department, agency, board, or commission of the
state, a county, or a municipality. (6) HEALTH CARE FACILITY. All property or rights in property,
real or personal, tangible or intangible, useful to an authority in its operations, including
without limitation, the following: a. Facilities necessary or desirable to the operation of
an academic medical center, one or more health sciences schools,...
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16-18-7
Section 16-18-7 Powers of authority. The authority shall have the following powers, together
with all powers incidental thereto or necessary to the discharge thereof in corporate form:
(1) To have succession by its corporate name for the duration of time, which may be in perpetuity,
subject to the provisions of Section 16-18-21 specified in its certificate of incorporation;
(2) To sue and be sued in its own name in civil actions and to defend actions against it;
(3) To adopt and make use of a corporate seal and to alter the same at pleasure; (4) To adopt
and alter bylaws for the regulation and conduct of its affairs and business; (5) To acquire,
receive and take by purchase, gift, lease, devise or otherwise, and to hold property of every
description, real, personal or mixed, wherever the same might be located; (6) To make, enter
into and execute such contracts, agreements, leases and other instruments and to take such
other actions as may be necessary or convenient to accomplish any...
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151 through 160 of 283 similar documents, best matches first.
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