|
11-85-107
Section 11-85-107 Bonds - Authentication; redemption; sale; refunding; use of proceeds; security;
investment of funds. The bonds of the authority shall be signed by its president and attested
by its secretary and the seal of the authority shall be affixed thereto or a facsimile of
such seal shall be printed or otherwise reproduced thereon; provided, that a facsimile of
the signature of one, but not both, of said officers may be printed or otherwise reproduced
on any such bonds in lieu of being manually subscribed thereon and a facsimile of the signatures
of both of the officers may be printed or otherwise reproduced on such bonds in lieu of being
manually affixed thereof if the authority, in its proceedings with respect to issuance of
the bonds, provides for manual authentication of such bonds. The State Treasurer shall be
registrar, transfer agent, and paying agent for the bonds. The State Treasurer may designate
named individuals who are employees of the state and who are assigned to...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-85-107.htm - 7K - 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...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/37-11A-1.htm - 33K - Match Info - Similar pages
41-29-504
Section 41-29-504 Details respecting the bonds. The bonds of the authority shall be signed
by its president and attested by its secretary, and the seal of the authority shall be affixed
thereto or a facsimile of such seal shall be printed or otherwise reproduced thereon; provided,
that: (a) a facsimile of the signature of one, but not both, of the officers may be printed
or otherwise reproduced on any such bonds in lieu of being manually subscribed thereon, and
(b) a facsimile of the signatures of both of the officers may be printed or otherwise reproduced
on such bonds in lieu of being manually affixed thereof if the authority, in its proceedings
with respect to issuance of the bonds, provides for manual authentication of such bonds and
the secretary designates a trustee or paying agent or named individuals who are employees
of the state and who are assigned to the finance department or the state treasurer's office
of the state to authenticate the bonds. Any bonds of the authority may...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-29-504.htm - 6K - Match Info - Similar pages
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
25-4-134
Section 25-4-134 Procedures for collection of delinquent contribution payments. (a) Generally.
The contributions, interest, and penalties required to be paid under this chapter shall be
a first and prior lien upon all property and rights to property, real or personal, of any
employer subject to this chapter. The lien shall arise at the time the contribution report,
or the payment of the contributions, as the case may be, was due to have been filed with or
made to the Department of Labor. The secretary may file in the office of the judge of probate
of any county in this state a certificate which shall show the name of the department for
which it is filed, the amount and nature of the contributions, interest, and penalties for
which a lien is claimed together with any costs that may have accrued, the name of the employer
against whose property a lien for such contributions, interest, and penalties is claimed and
the date thereof. An error in the certificate of the amount shall not...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/25-4-134.htm - 18K - Match Info - Similar pages
16-13-95
Section 16-13-95 Interest rate. All warrants issued hereunder shall bear interest at not exceeding
eight percent per annum payable semiannually; provided, that the first interest payment date
may be at any time not later than nine months after the date of issue. If the principal of
or interest on any warrant at any time issued hereunder shall not be paid when due, the same
shall bear interest after maturity until paid at the rate of eight percent per annum until
paid; provided, that at any time after such principal or interest shall have become past due,
the board of education may give notice of its intention to pay the same in whole or in part
with interest at a specified time and place by publication at least once at least 10 days
before the date fixed for such payment in a newspaper published or circulated in the county
and also in a daily newspaper published in Montgomery or Birmingham. If such notice shall
be duly given and if money to make such payment shall be duly provided,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-13-95.htm - 1K - Match Info - Similar pages
11-50-405
Section 11-50-405 Bonds - Authorization for issuance; form, terms, denominations, etc.; execution
and delivery; sale; refunding and exchange; issuance of interim receipts or temporary bonds.
The bonds of a district incorporated under this article shall be authorized by resolution
of the board of directors of the district and may be issued in one or more series, may bear
such date or dates, mature at such time or times, bear interest at such rate or rates, be
in such denominations, be in such form, either coupon or registered or both, be executed in
such manner, be payable in such medium of payment, at such place or places, be nonredeemable
or subject to such terms of redemption, with or without premium and be subject to being declared
or becoming due before the maturity date thereof as such resolution or resolutions may provide.
Said bonds may be issued for money or property, either at public or private sale and for such
price or prices as the board of directors shall determine. Such...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-50-405.htm - 3K - Match Info - Similar pages
16-13-106
Section 16-13-106 Records. The county board of education or the city board of education, as
the case may be, shall keep in its minutes a complete record of all warrants issued under
the provisions of this article, which record shall show upon what authority the warrants are
issued, the amounts in which issued, the persons to whom issued, the dates of issue, the purpose
or purposes for which issued, the rate of interest to be paid and the time and place of payment
of each installment of principal and interest. It shall be the duty of the superintendent
of education to prepare in duplicate on the first day of October in each year, and whenever
additional warrants are issued, a record showing all of the information required by this section
as to all warrants then outstanding, and he shall deliver one copy of each such record to
the custodian of county school funds or the treasurer of the city school funds, as the case
may be. (Acts 1939, No. 186, p. 334, ยง 17; Code 1940, T. 52,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-13-106.htm - 1K - Match Info - Similar pages
16-13-72
Section 16-13-72 Refunding warrants. Any county board of education and any city board of education
may from time to time sell and issue refunding warrants for the purpose of refunding the principal
of warrants then outstanding that were issued by the said board of education under the provisions
of either this article or any other act or statute, and the interest accrued on the warrants
to be refunded, whether or not the principal of the said outstanding warrants shall have matured
at the time of the issuance of the refunding warrants and regardless of the date on which
the warrants to be refunded shall have a stated maturity or shall be subject to redemption
or cancellation. Any premium necessary to redeem or retire the warrants to be so refunded
may be paid out of the proceeds from the refunding warrants; and the total principal amount
of the refunding warrants shall not exceed the sum of (i) the principal of the warrants to
be refunded, (ii) the interest accrued and unpaid thereon...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-13-72.htm - 1K - Match Info - Similar pages
16-13-310
Section 16-13-310 Obligations under contractual agreements. (a) Upon the request of a public
person who shall have issued or incurred obligations for the benefit of a board and for a
purpose or purposes for which a board could issue warrants under this article, and upon compliance
with the following terms and conditions, a board may undertake, pursuant to a contractual
agreement with such public person, to pay such amounts to, or for the account of, such public
person at such times and in such amounts as shall be sufficient to pay all, or such portion
as such board and such public person shall determine, of the principal of, premium (if any),
and interest on such obligations when and as due and payable. (b) The obligations of a public
person which a board is authorized to support by a contractual agreement under subsection
(a) shall be in such denomination, mature at such time or times, bear interest at such rate,
be subject to redemption, and contain such other terms, as are...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-13-310.htm - 2K - Match Info - Similar pages
|