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22-21-311
Section 22-21-311 Definitions. (a) The following words and phrases used in this article, and
others evidently intended as the equivalent thereof, shall, in the absence of clear implication
herein otherwise, be given the following respective interpretations herein: (1) APPLICANT.
A natural person who files a written application with the governing body of a county, municipality,
or educational institution, or two or more thereof, in accordance with the provisions of Section
22-21-313. (2) AUTHORITY. A public corporation organized, and any public hospital corporation
reincorporated, pursuant to the provisions hereof. (3) AUTHORIZING RESOLUTION. The resolution
adopted by the governing body of an authorizing subdivision, in accordance with the provisions
of Section 22-21-313 or Section 22-21-341, that authorizes the incorporation of an authority
or the reincorporation of a public hospital corporation. (4) AUTHORIZING SUBDIVISION. Each
county, municipality, and educational institution with...
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22-30F-3
Section 22-30F-3 Definitions. The following words and phrases, whenever used in this chapter,
shall have the following respective meanings unless the context clearly indicates otherwise:
(1) AUTHORITY. The corporation organized pursuant to this chapter as a public corporation,
agency, and instrumentality of the state and known as the "Alabama Land Recycling Finance
Authority." (2) AUTHORIZING RESOLUTION. A resolution, order, or other proceedings adopted
by the board of directors of the authority authorizing the issuance of agreements and related
matters. (3) BOARD OF DIRECTORS. The board of directors of the authority. (4) DEPARTMENT.
The Alabama Department of Environmental Management or any successor. (5) ELIGIBLE PROPERTY.
Property which qualifies under Section 22-30E-6 for participation in the voluntary cleanup
program established pursuant to Chapter 30E of this title, and which is owned and operated
by an applicant or applicants which qualifies for the limitation of liability as...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-30F-3.htm - 5K - Match Info - Similar pages
11-81-4
Section 11-81-4 Issuance of refunding interest-bearing certificates of indebtedness, warrants
or notes by municipalities; pledge of tax, revenues, etc., for payment of principal and interest
on same. The governing body of any municipality in this state is hereby authorized to issue,
without an election, refunding interest-bearing certificates of indebtedness or refunding
interest-bearing warrants or refunding interest-bearing notes maturing at such time or times
as the governing body may determine, not exceeding 30 years from their respective dates, for
the purpose of funding or refunding outstanding certificates of indebtedness or warrants or
notes of such municipality or any outstanding revenue bonds of such municipality issued under
the provisions of Article 5 of Chapter 81 of Title 11 as amended, or predecessor statute or
any combination thereof, whether the same are due at the time of such funding or refunding
or at a later date, in an aggregate principal amount not exceeding the...
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1-1-13
Section 1-1-13 Previous validating acts not repealed. The omission from this Code of any acts
heretofore passed which validated any bonds, notes, warrants, certificates or other evidences
of indebtedness issued by any city, town, county, county board of education, city board of
education or other political subdivision of the state shall in no way operate or be construed
to repeal or destroy the effect of any and all of such validating acts where said validating
acts have been otherwise lawfully passed and are not in conflict with the Constitution of
the United States or the State of Alabama. (Code 1940, T. 1, ยง15.)...
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11-82-1
Section 11-82-1 Definitions. As used in this chapter, the following words and phrases shall
have the following meanings, respectively, unless the context clearly indicates otherwise:
(1) SECURITIES. All types of bonds, warrants, certificates of indebtedness, notes and all
evidences of indebtedness issued by any county or municipality in this state. (2) OPTION TO
REDEEM. Any option retained by the county or municipality in the proceedings authorizing the
issuance of securities whereunder such county or municipality has the option of calling for
redemption or of paying on a specified date or dates at a specified price or prices all or
any part of such securities as may be provided in such proceedings. (3) REDEMPTION DATE. The
date on which securities shall be made subject to payment pursuant to the exercise by the
issuing county or municipality of any option to redeem retained by such county or municipality
in the proceedings whereunder such securities are authorized to be issued. (Acts...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-82-1.htm - 1K - Match Info - Similar pages
41-1-7
Section 41-1-7 Issuance of securities in fully registered form without coupons. (a) The state,
and each county, municipality, board of education, political subdivision, public instrumentality,
public corporation or other public entity howsoever identified, which is authorized by law
to issue bonds, warrants, notes, certificates of indebtedness or other securities howsoever
identified is hereby further authorized to issue any such securities in fully registered form
without coupons. (b) This law shall not repeal any existing law which authorizes the issuance
of securities in any other form but no such existing law shall be construed to prohibit the
issuance of securities in the form permitted by subsection (a) hereof or to require that securities
be issued in any form other than that permitted hereby. (Acts 1983, 1st Ex. Sess., No. 83-74,
p. 77.)...
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22-21-170
nursing homes, offices for persons engaged in the diagnosis, treatment or cure of sick or injured
persons or in preventive medicine and buildings to house or service equipment used for the
diagnosis or treatment of sick or injured persons or in preventive medicine or the records
of such diagnosis or treatment, or research with respect to any of the foregoing or dormitories
or residences for hospital personnel and students and other employee-related facilities, together
with: a. All real and personal properties for the location or better utilization of
any such buildings and facilities, such as parking structures and areas, garages, storage
facilities and out-buildings; and b. Machinery, equipment, furniture and fixtures useful or
desirable in the operation of any of the aforesaid buildings and facilities. (6) CHIEF EXECUTIVE
OFFICER. With respect to a county, the probate judge as ex officio principal judge of the
county commission or the president or chairman of such commission and,...
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41-10-541
such obligations, and which meet the greater of 100% collateralization or the "AA"
collateral levels established by Standard & Poor's Rating Group for structured financings;
and h. Uncollateralized investment agreements with, or certificates of deposit issued by banks
or bank holding companies, the senior long-term securities of which are rated at least "AA"
by Standard & Poor's Rating Group and at least "Aa" by Moody's Investors Service.
(11) FINANCED PROPERTY. All property whether real, personal, or mixed, the costs of
which were or are to be paid or reimbursed in whole or in part with the proceeds of bonds
of the authority or the proceeds of authority-guaranteed obligations. (12) FINANCING AGREEMENT.
Any loan, lease, agreement, grant agreement, financing agreement, credit agreement, security
agreement, mortgage, indenture, guaranty agreement, or other type of agreement entered into
by the authority in connection with the incurring of authority obligations. (13) FUNDING AGREEMENT....
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11-32-2
Section 11-32-2 Definitions. As used in this chapter, the following words and phrases shall
mean the following unless the context clearly indicates otherwise: (1) AD VALOREM TAX. Those
real and personal property ad valorem taxes collected by the county tax collector,
the director of revenue of the county, or revenue commissioner, if any, for the county, but
shall exclude all ad valorem taxes collected for the State of Alabama and all boards of education,
municipalities, fire districts, or other entities located in the county. (2) APPLICANT. A
natural person who files a written application with the governing body of any county to which
this chapter applies and with a municipality in the county, all in accordance with Section
11-32-3. (3) AUTHORITY. The public corporation organized pursuant to this chapter, which shall
be an agency of the state but shall not be a political subdivision of the state. (4) AUTHORIZING
COUNTY. Any county the governing body of which shall have adopted an...
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27-41-19
an interest in manufacturing, mining, or generating machinery and equipment located wholly
within the United States evidencing a right to receive determined portions of rental, purchase,
or other fixed obligatory payments for the use or purchase of such machinery and equipment.
(c) An insurer may invest in notes, bonds, debentures, or evidences of indebtedness secured
by a lease of manufacturing, mining, computer equipment, or generating machinery and equipment
or a lease of other tangible personal property or by a contract or by an agreement
requiring aggregate payments sufficient to pay all fixed charges, including maintenance, upkeep
and repair, insurance charges and taxes, and to pay the installments of principal and interest
and any other payments required by the instrument evidencing the indebtedness. (d) The lessee
or party contracting or agreeing to make such payments under subsections (a), (b), or (c)
of this section must be the United States or an agency thereof, a state of...
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