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45-37-162.01
Section 45-37-162.01 Definitions. For purposes of this part, the following terms have the following
meanings: (1) COUNTY. Jefferson County, Alabama. (2) DEBT. Indebtedness for borrowed money,
whether in the form of bonds, warrants, notes, or other similar instruments or capitalized
leases. (3) OFFICIAL STATEMENT. An official statement, offering memorandum, placement memorandum,
or a similar document prepared for distribution to investors or purchasers of debt. A preliminary
official statement refers to an official statement prepared for distribution to prospective
investors or purchasers, and a final official statement refers to an official statement prepared
for distribution after the final terms of issuance have been determined. (4) QUALIFIED SWAP
PROVIDER. A counterparty as defined in Section 41-1-41. (5) SWAP AGREEMENT. Either of the
following: a. Any interest rate swap agreement, interest rate cap agreement, interest rate
floor agreement, interest rate collar agreement, or any...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-37-162.01.htm - 1K - Match Info - Similar pages
45-37-162.04
Section 45-37-162.04 Public bidding of swap agreements. The county shall competitively bid
all swap agreements using the following procedures: (1) The county shall invite not less than
four qualified swap providers to make independent written proposals to enter into a swap agreement
delivered in person or transmitted electronically. (2) The county shall provide each potential
qualified swap provider a set of bid documents. The bid documents shall be in the form proposed
by the county to be executed and delivered in connection with the swap agreement. The bid
documents shall include all of the terms and conditions customarily included in such documents
and appropriate to the circumstances. The terms of the swap agreement shall be fully specified,
including, without limitation, such terms as payment frequencies, day counting conventions,
method of averaging, reference indices, and similar terms. The bid documents shall leave blank
a single term expressed as an interest rate or monetary...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-37-162.04.htm - 3K - Match Info - Similar pages
45-37-162.02
Section 45-37-162.02 Notice and hearing. (a) The county may not issue debt unless it gives
notice of the proposed debt issuance as provided in subsection (b) and a hearing is held as
provided in Section 45-37-162.03. The county may not enter into a swap agreement unless notice
of the proposed swap agreement is given as provided in subsection (d), a hearing is held as
provided in Section 45-37-162.03, and competitive bids for the swap agreement are requested
as provided in Section 45-37-162.04. (b) The county shall provide notice of a public hearing
on the proposed issuance of debt. The notice shall be published in a newspaper of general
circulation in the county not less than four days before the public hearing and shall include
a brief description of all of the following information with respect to the proposed debt:
(1) The maximum principal amount of debt to be issued and the purpose or purposes for which
the debt is to be issued. (2) The interest rate or rates on the debt, if...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-37-162.02.htm - 5K - Match Info - Similar pages
11-8A-3
Section 11-8A-3 County government bond financing review form. (a) In addition to any and all
other documents presented for examination and execution of a bond financing agreement which,
for the purposes of this chapter, takes place at the time a county commission makes an official
award of the bonds, the county commission shall execute a county government bond financing
review form. The standard review form shall be prepared by the Department of Examiners of
Public Accounts and shall include statements to the effect that: (1) The county commission
has considered whether it can satisfy its financial obligations for the life of the bonds.
(2) In the case of limited obligation indebtedness, the county commission has identified the
source for the debt service payments for the life of the bonds, and in the case of general
obligation indebtedness, the county commission has indicated that the full faith and credit
of the county has been pledged for the debt service payments for the life of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-8A-3.htm - 5K - Match Info - Similar pages
27-61-1
functions. 5. CORPORATE RECORDS OF THE COMMISSION The Commission shall maintain its corporate
books and records in accordance with the Bylaws. 6. QUALIFIED IMMUNITY, DEFENSE, AND INDEMNIFICATION
a. The Members, officers, executive director, employees, and representatives of the Commission,
the Executive Committee, and any other Committee of the Commission shall be immune from suit
and liability, either personally or in their official capacity, for any claim for damage to
or loss of property or personal injury or other civil liability caused by or
arising out of any actual or alleged act, error, or omission that occurred, or that the person
against whom the claim is made had a reasonable basis for believing occurred within the scope
of Commission employment, duties, or responsibilities; provided that nothing in this paragraph
shall be construed to protect any such person from suit and/or liability for any damage, loss,
injury, or liability caused by the intentional or willful or wanton...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-61-1.htm - 62K - Match Info - Similar pages
41-18-1
or grant accepted by the board pursuant to this paragraph or services borrowed pursuant to
paragraph (g) of this article shall be reported in the annual report of the board. Such report
shall include the nature, amount and conditions if any, of the donation, grant or services
borrowed and the identity of the donor or lender. (i) The board may establish and maintain
such facilities as may be necessary for the transacting of its business. The board may acquire,
hold and convey real and personal property and any interest therein. (j) The board
shall adopt bylaws for the conduct of its business and shall have the power to amend and rescind
these bylaws. The board shall publish its bylaws in convenient form and shall file a copy
thereof and a copy of any amendment thereto with the appropriate agency or officer in each
of the party states. (k) The board annually shall make to the governor and legislature of
each party state a report covering the activities of the board for the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-18-1.htm - 24K - Match Info - Similar pages
10A-1-1.03
limited liability company or association, a member; and (D) with respect to another foreign
or domestic entity, an owner of an equity interest in that entity. (69) OWNERSHIP INTEREST.
An owner's interest in an entity. The term includes the owner's share of profits and losses
or similar items and the right to receive distributions. The term does not include an owner's
right to participate in management or participate in the direction or oversight of the entity.
An ownership interest is personal property. (70) PARENT or PARENT ENTITY. An entity
that: (A) owns at least 50 percent of the ownership or membership interest of a subsidiary;
or (B) possesses at least 50 percent of the voting power of the owners or members of a subsidiary.
(71) PARTNER. A limited partner or general partner. (72) PARTNERSHIP. Includes a general partnership,
a limited liability partnership, a foreign limited liability partnership, a limited partnership,
a foreign limited partnership, a limited liability...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-1-1.03.htm - 25K - Match Info - Similar pages
35-12-72
or its agent. c. Property not subject to paragraphs a. or b. within two years of the distribution
shall remain reportable under other sections of this article. (12) Property received by a
court as proceeds of a class action, and not distributed pursuant to the judgment, one year
after the distribution date. (13) Property held by a court, government, governmental subdivision,
agency, or instrumentality, one year after the property becomes distributable. (14) Wages
or other compensation for personal services, one year after the compensation becomes
payable. (15) Deposit or refund owed to a subscriber by a utility, one year after the deposit
or refund becomes payable. (16) Any check, warrant, debit card, or other payment instrument
drawn on or issued by the State of Alabama, outstanding and unpaid within the time frame allowed
under Section 41-4-60. (17) Gift certificate, other than those exempt under Section 35-12-73,
three years after June 30 of the year in which the certificate was...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/35-12-72.htm - 8K - Match Info - Similar pages
17-6-81
Section 17-6-81 Fair Ballot Commission; ballot statements. (a)(1) There is created the Fair
Ballot Commission. The purpose of the commission is to provide to the public a fair and accurate
explanation of what a vote for and what a vote against a statewide ballot measure represents.
(2) The commission shall consist of the following 18 members: The Governor, the Lieutenant
Governor, the Commissioner of Agriculture and Industries, the Speaker of the House of Representatives,
and the Secretary of State, or their designees, shall each serve as a member on the commission
and shall each appoint to the commission one member who is an attorney licensed in the state
and one member who is a private citizen of the state who is not an attorney. The Alabama State
University School of Public Policy, the Samford University School of Public Policy, and the
Miles College School of Law shall each appoint a member to the commission. Other than the
Governor, the Lieutenant Governor, the Commissioner of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/17-6-81.htm - 8K - Match Info - Similar pages
40-9B-3
23 of this title, or payments required to be made in lieu thereof, shall relieve the seller
from the obligation to collect and pay over the transaction tax as if the sale were to a person
exempt, to the extent of the abatement, from the transaction tax. (2) ALTERNATIVE ENERGY RESOURCES.
The definition given in Section 40-18-1. (3) CONSTRUCTION RELATED TRANSACTION TAXES. The transaction
taxes imposed by Chapter 23 of this title, or payments required to be made in lieu thereof,
on tangible personal property and taxable services incorporated into an industrial
development property, the cost of which may be added to capital account with respect to the
property, determined without regard to any rule which permits expenditures properly chargeable
to capital account to be treated as current expenses. (4) DATA PROCESSING CENTER. An establishment
at which not less than 20 new jobs are located, the average annual total compensation, including
benefits, of such new jobs to be not less than...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/40-9B-3.htm - 19K - Match Info - Similar pages
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