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16-60-95
Section 16-60-95 Disbursement of funds. Out of the revenues appropriated and pledged in Section
16-60-94, the State Treasurer is hereby authorized and directed to pay the principal of and
interest on the bonds issued by the authority under the provisions of this article, as such
principal and interest shall respectively mature, and the State Treasurer is further authorized
and directed to set up and maintain appropriate records pertaining thereto. (Acts 1963, 2nd
Ex. Sess., No. 93, p. 259, §15.)...
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41-29-507
Section 41-29-507 Disbursements of funds. Out of the revenues appropriated and pledged in Section
41-29-506, the state treasurer is hereby authorized and directed to pay the principal of and
interest on the bonds issued by the authority under the provisions of this article, as the
said principal and interest shall respectively mature, and the state treasurer is further
authorized and directed to set up and maintain appropriate records pertaining thereto. (Act
2018-541, §4.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-29-507.htm - 786 bytes - Match Info - Similar pages
23-1-175.1
Section 23-1-175.1 Infrastructure improvements. (a) In order to accomplish infrastructure improvements
contemplated for the benefit of the Alabama State Docks, the Alabama Highway Finance Corporation
shall have the following powers, in addition to all powers set forth in this article. (1)
To borrow money and issue its bonds in evidence thereof, in a principal amount not to exceed
one hundred fifty million dollars ($150,000,000), for the purpose of financing the widening
and deepening of the Mobile Ship Channel and improvements related thereto. No bond issued
by the corporation for this purpose shall have a specified maturity date later than twenty
years after its issuance date. (2) To issue from time to time one or more series of refunding
bonds for the purpose of refunding any bonds issued pursuant to subdivision (1) or bonds previously
issued to refund such bonds, in any case, however, having a final maturity that is not later
than the final maturity of the bonds being refunded. (3)...
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33-2-8
Section 33-2-8 General provisions relative to inland waterways improvement bonds and temporary
loans. In order to provide funds for the purposes herein authorized, the Governor is hereby
empowered to execute, with the concurrence of the director of state docks, and to sell the
state's bonds in such amounts, not exceeding in the aggregate the sum of $3,000,000.00 as
may be necessary for said purposes, all under and subject to the following provisions: Said
bonds shall be appropriately designated as inland waterways improvement bonds of the state.
The bonds may be issued from time to time in one or more series and the bonds of each series
shall be payable in substantially equal annual installments of principal and interest at such
times as may be designated by the State Docks Department with approval of the Governor; provided,
that the first installment of principal of the bonds of each series must mature not later
than 10 years from the date of such series and the last installment of...
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16-16A-7
Section 16-16A-7 Additional findings; bonds authorized; procedures. (a) The Legislature finds
that the number of students attending the several school systems located in those areas of
North Alabama that will be directly impacted by the 2005 BRAC and Subsequent BRAC Actions
will collectively increase by an estimated 9,000 students. As a result, there will be a need
for the construction of additional school facilities as well as the renovation of existing
school facilities. The Legislature also finds that the 2005 BRAC and Subsequent BRAC Actions
will have a positive impact on future receipts to the Education Trust Fund, as the significant
population growth in North Alabama will increase sales, income, and other tax collections.
Thus, it is an efficient use of state funds to allow such revenue growth to help pay for capital
improvement costs associated with BRAC-related school construction. (b) The Alabama Public
School and College Authority is hereby authorized to sell and issue its...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-16A-7.htm - 24K - Match Info - Similar pages
37-11A-1
Section 37-11A-1 Execution and text of compact. The Governor, on behalf of this state, shall
execute a compact, in substantially the following form, with the State of Mississippi, and
the Legislature approves and ratifies the compact in the form substantially as follows: Northeast
Mississippi - Northwest Alabama Railroad Authority Compact. The contracting states solemnly
agree: Article I. The purpose of this compact is to promote and develop trade, commerce, industry,
and employment opportunities for the public good and welfare in northeast Mississippi and
northwest Alabama through the establishment of a joint interstate authority to acquire certain
railroad properties and facilities which the operator thereof has notified the Interstate
Commerce Commission of an intention to abandon and which are located in any of Franklin, Marion,
or Winston Counties, Alabama or in Alcorn or Tishomingo Counties, Mississippi. Article II.
This compact shall become effective immediately as to the State...
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27-61-1
Section 27-61-1 Surplus Lines Insurance Multi-State Compliance Compact. The Surplus Lines Insurance
Multi-State Compliance Compact Act is enacted into law and entered into with all jurisdictions
mutually adopting the compact in the form substantially as follows: PREAMBLE WHEREAS, with
regard to Non-Admitted Insurance policies with risk exposures located in multiple states,
the 111th United States Congress has stipulated in Title V, Subtitle B, the Non-Admitted and
Reinsurance Reform Act of 2010, of the Dodd-Frank Wall Street Reform and Consumer Protection
Act, hereafter, the NRRA, that: (A) The placement of Non-Admitted Insurance shall be subject
to the statutory and regulatory requirements solely of the insured's Home State, and (B) Any
law, regulation, provision, or action of any State that applies or purports to apply to Non-Admitted
Insurance sold to, solicited by, or negotiated with an insured whose Home State is another
State shall be preempted with respect to such application;...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-61-1.htm - 62K - Match Info - Similar pages
22-3A-22
Section 22-3A-22 Payment by State Treasurer authorized; records. Out of the revenues appropriated
and pledged in or pursuant to Section 22-3A-16, the State Treasurer is authorized and directed
to pay the principal of and the interest and premium (if any) on the bonds on the respective
due dates of such principal, interest and premium (if any), and he is further authorized and
directed to set up and maintain appropriate records pertaining thereto. (Acts 1990, No. 90-598,
§22.)...
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2-6-120
Section 2-6-120 Payment of principal and interest on bonds; recordkeeping. Out of the receipts,
revenues, and income referred to in Section 2-6-118, the corporation is authorized and directed
to pay the principal of and interest on the bonds as the principal and interest shall respectively
mature, and is further authorized and directed to set up and maintain appropriate records.
(Act 2011-575, p. 1231, §22.)...
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41-10-473
Section 41-10-473 State Treasurer to disburse funds. Out of the revenues referred to in Section
41-10-471, the State Treasurer is authorized and directed to pay the principal of and interest
on the bonds as such principal and interest shall respectively mature, and he is further authorized
and directed to set up and maintain appropriate records pertaining thereto. (Acts 1990, No.
90-602, p. 1079, §24.)...
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