11-92C-10
Section 11-92C-10 Proceeds from the sale of bonds. All moneys derived from the sale of any
bonds issued by an authority shall be used solely for the purpose or purposes for which the
same are authorized, including, but not limited to, the use of bond proceeds to establish
reserve funds as security for the payment of the principal, premium, as applicable, and interest
on the bonds, and any costs and expenses incidental thereto. The costs and expenses may include,
but shall not be limited to the following: (1) The underwriting, fiscal, engineering, legal,
and other expenses incurred in connection with the issuance of the bonds. (2) Except in the
case of refunding bonds, interest to accrue on the bonds for a period ending not later than
two years from their date. (Act 2020-72, §10.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-92C-10.htm - 1K - Match Info - Similar pages

11-32-12
Section 11-32-12 Use of bond proceeds. All moneys derived from the sale of any bonds issued
by the authority shall be used solely for the purposes for which the moneys are authorized
and any costs and expenses incidental thereto. The costs and expenses may include, but shall
not be limited to, the following: (1) The fiscal, engineering, legal, and other expenses incurred
in connection with the issuance of the bonds. (2) In the case of bonds issued to pay costs
of acquiring or constructing all or any part of a transit system interest on the bonds or,
if a part only of any series of bonds is issued for acquisition or construction purposes,
interest on that portion of the bonds of that series that is issued to pay the acquisition
or construction costs prior to and during the acquisition or construction and not exceeding
one year after completion of the acquisition or construction. (3) In the case of refunding
bonds, any premium that it may be necessary to pay in order to redeem or retire...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-32-12.htm - 1K - Match Info - Similar pages

11-49A-13
Section 11-49A-13 Use of bond proceeds. All moneys derived from the sale of any bonds issued
by the authority shall be used solely for the purpose or purposes for which the same are authorized
and any costs and expenses incidental thereto. Such costs and expenses may include but shall
not be limited to: (1) The fiscal, engineering, legal, and other expenses incurred in connection
with the issuance of the bonds; (2) In the case of bonds issued to pay costs of acquiring
or constructing all or any part of a transit system interest on such bonds (or, if a part
only of any series of bonds is issued for acquisition or construction purposes, interest on
that portion of the bonds of that series that is issued to pay such acquisition or construction
costs) prior to and during such acquisition or construction and for not exceeding one year
after completion of such acquisition or construction; and (3) In the case of bonds issued
for the purpose of refunding principal and interest, or either, with...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-49A-13.htm - 1K - Match Info - Similar pages

24-1A-7
Section 24-1A-7 Proceeds from sale of bonds; use; issuance procedures; distribution percentages;
allocation of proceeds available for single family mortgage loans. (a) All moneys derived
from the sale of any bonds issued by the authority shall be used solely for the purpose or
purposes for which the same are authorized, including costs and expenses of issue. Such costs
and expenses may include but shall not be limited to: (1) The fiscal, legal and other expenses
incurred in connection with the issuance of the bonds; and (2) Except in the case of refunding
bonds, interest to accrue on such bonds for a period ending not later than two years from
their date. (b) Bonds shall be issued in series, each of which shall be separately designated
in the proceedings authorizing their issuance. The board of directors in the proceedings authorizing
a series of bonds (other than refunding bonds) shall specify the purposes for which the proceeds
of such series shall be used. The proceeds of a series...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/24-1A-7.htm - 5K - Match Info - Similar pages

11-54-180
Section 11-54-180 Proceeds from sale of bonds. All moneys derived from the sale of any bonds
issued by an authority shall be used solely for the purpose or purposes for which the same
are authorized, including, but without limitation to, the use of bond proceeds to establish
reserve funds as security for the payment of the principal of (and premium, if any) and interest
on the bonds, and any costs and expenses incidental thereto. Such costs and expenses may include
but shall not be limited to the fiscal, engineering, legal and other expenses incurred in
connection with the issuance of the bonds, and except in the case of refunding bonds, interest
to accrue on such bonds for a period ending not later than two years from their date. (Acts
1980, No. 80-648, p. 1235, §11.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-54-180.htm - 1K - Match Info - Similar pages

11-54A-11
Section 11-54A-11 Proceeds from sale of bonds. All moneys derived from the sale of any bonds
issued by the authority shall be used solely for the purpose or purposes for which the same
are authorized, including, but without limitation to, the use of bond proceeds to establish
reserve funds as security for the payment of the principal of (and premium, if any) and interest
on the bonds, and any costs and expenses incidental thereto. Such costs and expenses may include
but shall not be limited to (1) the fiscal, engineering, legal and other expenses incurred
in connection with the issuance of the bonds, and (2) except in the case of refunding bonds,
interest to accrue on such bonds for a period ending not later than two years from their date.
(Acts 1985, No. 85-683, p. 1080, §11.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-54A-11.htm - 1K - Match Info - Similar pages

45-23A-91.10
Section 45-23A-91.10 Proceeds from the sale of bonds. All moneys derived from the sale of any
bonds issued by the authority shall be used solely for the purpose or purposes for which the
same are authorized, including, but without limitation to, the use of bond proceeds to establish
reserve funds as security for the payment of the principal of, and premium, if any, and interest
on the bonds, and any costs and expenses incidental thereto. Such costs and expenses may include
but shall not be limited to the fiscal, engineering, legal, and other expenses incurred in
connection with the issuance of the bonds, and except in the case of refunding bonds, interest
to accrue on such bonds for a period ending not later than two years from their date. (Act
84-395, p. 904, §11.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-23A-91.10.htm - 1K - Match Info - Similar pages

45-27A-31.10
Section 45-27A-31.10 Proceeds from the sale of bonds. All moneys derived from the sale of any
bonds issued by the authority shall be used solely for the purpose or purposes for which the
same are authorized, including, but without limitation to, the use of bond proceeds to establish
reserve funds as security for the payment of the principal of, and premium, if any, and interest
on the bonds, and any costs and expenses incidental thereto. Such costs and expenses may include
but shall not be limited to (1) the fiscal, engineering, legal, and other expenses incurred
in connection with the issuance of the bonds, and (2) except in the case of refunding bonds,
interest to accrue on such bonds for a period ending not later than two years from their date.
(Act 82-740, p. 196, §11.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-27A-31.10.htm - 1K - Match Info - Similar pages

45-35A-52.10
Section 45-35A-52.10 Proceeds from the sale of bonds. All moneys derived from the sale of any
bonds issued by the authority shall be used solely for the purpose or purposes for which the
same are authorized, including, but without limitation to, the use of bond proceeds to establish
reserve funds as security for the payment of the principal of, and premium, if any, and interest
on the bonds, and any costs and expenses incidental thereto. Such costs and expenses may include,
but shall not be limited to, (1) the fiscal, engineering, legal, and other expenses incurred
in connection with the issuance of the bonds, and (2) except in the case of refunding bonds,
interest to accrue on such bonds for a period ending not later than two years from their date.
(Act 82-303, p. 393, §11.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-35A-52.10.htm - 1K - Match Info - Similar pages

45-41A-40.10
Section 45-41A-40.10 Proceeds from sale of bond. All moneys derived from the sale of any bonds
issued by the authority shall be used solely for the purpose or purposes for which the same
are authorized, including, but without limitation to, the use of bond proceeds to establish
reserve funds as security for the payment of the principal of, and premium, if any, and interest
on the bonds, and any costs and expenses incidental thereto. Such costs and expenses may include
but shall not be limited to the fiscal, engineering, legal, and other expenses incurred in
connection with the issuance of the bonds, and except in the case of refunding bonds, interest
to accrue on such bonds for a period ending not later than two years from their date. (Act
84-415, p. 981, §11.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-41A-40.10.htm - 1K - Match Info - Similar pages