11-60-10
Section 11-60-10 Bonds - Notice of resolution authorizing issuance of bonds; limitation period
for actions, etc., as to validity of proceedings for issuance of bonds, etc. (a) Upon the
adoption by the board of directors of any resolution providing for the issuance of bonds,
the corporation may, in its discretion, cause to be published once a week for two consecutive
weeks in a newspaper published in the municipality or, if there is no newspaper published
in the municipality, then in a newspaper published in the county in which the municipality
is located a notice in substantially the following form (the blanks being properly filled
in) at the end of which shall be printed the name and title of either the chairman or secretary
of the corporation: "_____, a public corporation of the State of Alabama, on the _____
day of _____, authorized the issuance of $_____ principal amount of revenue bonds of the said
corporation for purposes authorized in the act of the Legislature of Alabama under...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-60-10.htm - 2K - Match Info - Similar pages

45-49-90.09
Section 45-49-90.09 Notice of bond resolution. (a) Upon the adoption by the board of directors
of any resolution providing for the issuance of bonds, the corporation, in its discretion,
may cause to be published once a week for two consecutive weeks, in a newspaper published
in the county, a notice in substantially the following form, the blanks being properly filled
in, at the end of which shall be printed the name and title of either the chair or secretary
of the corporation: "___, a public corporation under the laws of the State of Alabama,
on the ___ day of ___, authorized the issuance of $___ principal amount of revenue bonds of
the corporation for purposes authorized in the act of the Legislature of Alabama under which
the corporation was organized. Any action or proceeding questioning the validity of the bonds,
the pledge, and mortgage to secure the same, any lease or sale of an industrial site to be
financed by the bonds, or the proceedings...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-49-90.09.htm - 2K - Match Info - Similar pages

11-95-10
Section 11-95-10 Refunding bonds. Any bonds issued by a corporation may from time to time be
refunded by the issuance, by sale or exchange, of refunding bonds payable from the same or
different designated revenues for the purpose of paying all or any part of the principal of
the bonds to be refunded, any redemption premium required to be paid as a condition to the
redemption prior to maturity of any such bonds that are to be so redeemed in connection with
such refunding, any accrued and unpaid interest on the bonds to be refunded, any interest
to accrue on each bond to be refunded to the date on which it is to be paid, whether at maturity
or by redemption prior to maturity, and the expenses incurred in connection with such refunding;
provided, that unless duly called for redemption pursuant to provisions contained therein,
the holders of any such bonds then outstanding and proposed to be refunded shall not be compelled
without their consent to surrender their outstanding bonds for such...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-95-10.htm - 2K - Match Info - Similar pages

11-97-12
Section 11-97-12 Refunding bonds. (a) Any bonds issued or assumed by a corporation may from
time to time be refunded by the issuance, by sale or exchange, of refunding bonds payable
from the same or different sources for the purpose of paying all or any part of the principal
of the bonds to be refunded, any redemption premium required to be paid as a condition to
the redemption prior to maturity of any such bonds that are to be so redeemed in connection
with such refunding, any accrued and unpaid interest on the bonds to be refunded, any interest
to accrue on each bond to be refunded to the date on which it is to be paid, whether at maturity
or by redemption prior to maturity, and the expenses incurred in connection with such refunding
including, without limitation to, attorneys' fees, costs of printing the refunding bonds,
financial advisors' fees and accountants' fees; provided, that unless such bonds are duly
called for redemption pursuant to provisions contained therein, the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-97-12.htm - 2K - Match Info - Similar pages

11-60-12
Section 11-60-12 Borrowing of money for temporary use and issuance of temporary revenue bonds
as evidence thereof. (a) The corporation may, in addition to the other powers granted in this
chapter, borrow money for temporary use for any of its corporate purposes and in evidence
of such borrowing issue from time to time revenue bonds or notes maturing not later than 18
months from the date of issuance. (b) Any such temporary borrowing may be made in anticipation
of the sale and issuance of long-term bonds, and in such event the principal proceeds from
the sale of such long-term bonds shall, to the extent necessary, be used for payment of the
principal of and the interest on the temporary bonds or notes issued in anticipation of the
sale and issuance of such long-term bonds. (c) Any such temporary borrowing may also be made
with respect to a project simultaneously with or after the sale and issuance of long-term
bonds issued with respect to such project if, under the terms of the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-60-12.htm - 1K - Match Info - Similar pages

11-95-8
Section 11-95-8 Bonds of corporation - From what source payable; pledge of revenues; execution;
form, interest rate, maturity, sale, and negotiability; nature of obligation and source of
payment; investment eligibility. (a) All bonds issued by a corporation shall be payable solely
from one or more of the following sources as may be designated in the proceedings of the board
under which such bonds shall be authorized to be issued: (1) Hospital taxes; and (2) Revenues
from any hospital facilities owned or operated by it. (b) The principal of and interest on
any bonds issued by a corporation shall be secured by a pledge of the designated revenues
and may be secured by a trust indenture evidencing such pledge or by a non-foreclosable mortgage
and deed of trust conveying as security for such bonds all or any part of the property of
the corporation from which any part of the designated revenues so pledged may be derived.
The resolution of the board under which the bonds are authorized to be...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-95-8.htm - 4K - Match Info - Similar pages

41-10-44.10
Section 41-10-44.10 Refunding obligations. Any project obligations issued by the authority
may from time to time be refunded by the issuance, by sale or exchange, of refunding bonds
or obligations payable from the same or different sources for the purpose of paying all or
any part of the principal of the project obligations to be refunded, any redemption premium
required to be paid as a condition to the redemption prior to maturity of any such project
obligations that are to be so redeemed in connection with such refunding, any accrued and
unpaid interest on the project obligations to be refunded, any interest to accrue on each
project obligation to be refunded to the date on which it is to be paid, whether at maturity
or by redemption prior to maturity, and the expenses incurred in connection with refunding;
provided, that unless duly called for redemption pursuant to provisions contained therein,
the holders of any such project obligations then outstanding and proposed to be refunded...

alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-44.10.htm - 3K - Match Info - Similar pages

16-65-9
Section 16-65-9 Refunding bonds. Any bonds issued by the authority may from time to time be
refunded by the issuance, by sale or exchange, of refunding bonds or obligations payable from
the same or different sources for the purpose of paying all or any part of the principal of
the bonds to be refunded, any redemption premium required to be paid as a condition to the
redemption prior to maturity of any such bonds that are to be so redeemed in connection with
such refunding, any accrued and unpaid interest on the bonds to be refunded, any interest
to accrue on each revenue bond to be refunded to the date on which it is to be paid, whether
at maturity or by redemption prior to maturity, and the expenses incurred in connection with
the refunding; provided, that unless duly called for redemption pursuant to provisions contained
therein, the holders of any such bonds then outstanding and proposed to be refunded shall
not be compelled without their consent to surrender their outstanding bonds...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-65-9.htm - 2K - Match Info - Similar pages

2-6-116
Section 2-6-116 Disposition of bond proceeds. All proceeds derived from the sale of any bonds,
excluding refunding bonds, sold by the corporation remaining after payment of the expenses
of issuance thereof and the funding of any required reserve or replacement fund shall be deposited
into a special account to the credit of the corporation, and shall be subject to be drawn
on by the corporation solely for the purposes of paying the costs of the project work, and
all reasonable and necessary incidental expenses, including interest which shall accrue on
the bonds during the project work and for a period not exceeding two years thereafter. Any
balance of the proceeds remaining, upon completion of the project work and the payment of
all costs in connection therewith, shall be transferred to the debt service reserve fund account
of the corporation or used to redeem bonds issued by the corporation as may be determined
by the board of directors of the corporation. (Act 2011-575, p. 1231,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/2-6-116.htm - 1K - Match Info - Similar pages

24-1A-8
Section 24-1A-8 Refunding bonds. (a) Any bonds issued by the authority may from time to time
be refunded by the issuance, by sale or exchange, of refunding bonds payable from the same
or different sources for the purpose of paying: (1) All or any part of the principal of the
bonds to be refunded; (2) Any redemption premium required to be paid as a condition to the
redemption prior to maturity of any such bonds that are to be so redeemed in connection with
such refunding; (3) Any accrued and unpaid interest on the bonds to be refunded; (4) Any interest
to accrue on each bond to be refunded to the date on which it is to be paid, whether at maturity
or by redemption prior to maturity; and (5) The expenses incurred in connection with the refunding;
provided, however, that unless duly called for redemption pursuant to provisions contained
therein, the holders of any such bonds then outstanding and proposed to be refunded shall
not be compelled without their consent to surrender their...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/24-1A-8.htm - 2K - Match Info - Similar pages