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

45-23A-91.11
Section 45-23A-91.11 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 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 refunding; provided, that
unless duly called for redemption pursuant to the 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/1975/45-23A-91.11.htm - 2K - Match Info - Similar pages

45-27A-31.11
Section 45-27A-31.11 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 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 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/1975/45-27A-31.11.htm - 2K - Match Info - Similar pages

45-35A-52.11
Section 45-35A-52.11 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 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 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/1975/45-35A-52.11.htm - 2K - Match Info - Similar pages

45-41A-10.11
Section 45-41A-10.11 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 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 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/1975/45-41A-10.11.htm - 2K - Match Info - Similar pages

45-41A-40.11
Section 45-41A-40.11 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 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 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/1975/45-41A-40.11.htm - 2K - Match Info - Similar pages

45-8A-111.11
Section 45-8A-111.11 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 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 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/1975/45-8A-111.11.htm - 2K - Match Info - Similar pages

45-8A-20.11
Section 45-8A-20.11 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 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 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 refunding....
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-8A-20.11.htm - 2K - Match Info - Similar pages

11-92C-11
Section 11-92C-11 Refunding bonds. Any bonds issued by an authority may from time to time be
refunded by the issuance, 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 bonds that are to be so redeemed in connection with 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 refunding. Unless duly called for redemption
pursuant to provisions contained therein, the holders of any bonds then outstanding and proposed
to be refunded shall not be compelled without their consent to surrender their outstanding
bonds for refunding. Any refunding bonds may be sold by the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-92C-11.htm - 1K - Match Info - Similar pages

14-2-13.1
Section 14-2-13.1 Bonds - Limitations on issuance of refunding bonds; present value of debt
service; average maturity of refunding bonds. It is hereby further provided that no refunding
bonds as provided for by Section 14-2-13 shall be issued unless the present value of all debt
service on the refunding bonds (computed with a discount rate equal to the true interest rate
of the refunding bonds and taking into account all underwriting discount and other issuance
expenses) shall not be greater than 95% of the present value of all debt service on the bonds
to be refunded (computed using the same discount rate and taking into account the underwriting
discount and other issuance expenses originally applicable to such bonds) determined as if
such bonds to be refunded were paid and retired in accordance with the schedule of maturities
(considering mandatory redemption as a scheduled maturity) provided at the time of their issuance.
Provided further that the average maturity of the refunding...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/14-2-13.1.htm - 1K - Match Info - Similar pages