41-10-38
Section 41-10-38 Allocation formulae. (a) The state ceiling for calendar year 1989 and thereafter
is hereby allocated in its entirety to the state, and no other governmental unit, issuer,
or other entity of any type shall have or utilize any portion of the state ceiling for such
year except in accordance with this division. The state ceiling for calendar year 1989 and
thereafter shall be redistributed by the authority to issuers of affected bonds in the chronological
order of receipt of completed applications, subject to the limitations, reservations and further
provisions of this subsection. (1) There is hereby reserved for Alabama Housing Finance Authority
25 percent of the state ceiling for each calendar year, to be used for the issuance of exempt
facility bonds for qualified residential rental projects and for the issuance of qualified
mortgage bonds, in such relative principal amounts as shall be determined by the Board of
Directors of Alabama Housing Finance Authority. The...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-38.htm - 6K - Match Info - Similar pages

41-10-93
Section 41-10-93 Authority for issuance of bonds by corporation; liability upon bonds; form,
terms, denominations, etc.; redemption; sale; payment of expenses in connection with authorization,
sale and issuance; bonds to contain recital as to authority for issuance; bonds to be deemed
negotiable instruments. The corporation is authorized at any time and from time to time to
issue its interest-bearing revenue bonds for the purpose of acquiring, constructing, improving,
enlarging, completing and equipping one or more projects. The principal of and interest on
any such bonds shall be payable solely out of the rent, revenues and income derived from the
project with respect to which such bonds are issued. None of the bonds of the corporation
shall ever constitute an obligation or debt of the state, the county or the municipality or
a charge against the credit or taxing power of the state, the county or municipality. The
bonds of the corporation may be in such form and denomination, may be...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-93.htm - 3K - Match Info - Similar pages

9-14A-2
Section 9-14A-2 Legislative findings. The Legislature hereby finds and declares that it is
necessary, desirable and in the public interest that the state parks system, public historical
sites, and public historical parks be maintained and improved. It is the intention of the
Legislature by the passage of this chapter to authorize the formation of two public corporations
for the purposes of providing for the acquisition, provision, construction, improvement, renovation,
equipping, and maintenance of the state parks system, public historical sites, and public
historical parks, and to authorize the corporations to provide for payment of the costs of
accomplishing the stated purposes by implementing Amendment 617 to the Constitution of Alabama
of 1901 authorizing the issuance by the state of up to $110,000,000 in aggregate principal
amount of general obligation bonds, which amendment was proposed by Act 98-413 and ratified
by the electors of the state at the 1998 General Election, and by...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/9-14A-2.htm - 2K - Match Info - Similar pages

2-6-121
Section 2-6-121 Resolutions authorizing bonds. (a) Any resolution authorizing any bonds under
this article shall contain a recital that they are issued pursuant to this article, which
recital shall be conclusive evidence that the bonds have been duly authorized pursuant to
this article, notwithstanding the provisions of any other law now in force or hereafter enacted
or amended. Upon the passage of any resolution providing for the issuance of bonds under this
article, the corporation, in its discretion, may cause to be published once in each of two
consecutive weeks in a newspaper published and having general circulation in the City of Montgomery
a notice in substantially the following form, the blanks being first properly filled in: "Garrett
Coliseum Redevelopment Corporation, a public corporation and agency of the State of Alabama,
on the ___ day of _____, _____, adopted a resolution providing for the issuance of _____ dollars
principal amount of bonds of the authority. Any action or...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/2-6-121.htm - 2K - Match Info - Similar pages

22-21-145
Section 22-21-145 Bonds - Recital and notice of issuance; limitation on actions to contest.
Any resolution authorizing any bonds under this article shall contain a recital that they
are issued pursuant to the provisions of this article, which recital shall be conclusive evidence
that said bonds have been duly authorized pursuant to the provisions of this article, notwithstanding
the provisions of any other law now in force or hereafter enacted or amended. Upon the adoption
by the board of any resolution providing for the issuance of bonds, the authority may, in
its discretion, cause to be published once a week, for two consecutive weeks, in a newspaper
then published in the municipality or, if there is no newspaper then published in the municipality,
then, in a newspaper published or circulated in the county, a notice in substantially the
following form, with any appropriate changes, to the extent applicable and with the blanks
being properly filled in: "_____, a public corporation and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-21-145.htm - 3K - Match Info - Similar pages

11-57-12
Section 11-57-12 Bonds - Recital as to authority for issuance; notice of resolution authorizing
issuance of bonds; limitation period for actions, etc., as to validity of proceedings for
issuance of bonds, etc. (a) Any resolution authorizing any bonds under this chapter shall
contain a recital that they are issued pursuant to the provisions of this chapter, which recital
shall be conclusive evidence that said bonds have been duly authorized pursuant to the provisions
of this chapter, notwithstanding the provisions of any other law now in force or hereafter
enacted or amended. (b) Upon the adoption by the board of any resolution providing for the
issuance of bonds, the authority may, in its discretion, cause to be published once a week
for two consecutive weeks in a newspaper then published in the municipality or, if there is
no newspaper then published in the municipality, then in a newspaper published or circulated
in the county, a notice in substantially the following form (with any...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-57-12.htm - 2K - Match Info - Similar pages

33-13-12
Section 33-13-12 Bonds - Disposition of proceeds; investments. The authority shall pay out
of the proceeds from the sale of any of the bonds (other than refunding bonds) those expenses
which the board of directors may deem necessary or advantageous in connection with the sale
or issuance thereof. The proceeds from the sale of all bonds, other than refunding bonds,
remaining after paying the expenses of their sale and issuance shall be turned in to the treasury
of the State Docks Department, shall be carried in a special fund therein and shall be subject
to be drawn on by the State Docks Department, upon the approval of the authority, but solely
for the respective purposes for which they were authorized to be issued, viz., payment of
costs incurred in the development, construction, improvement, expansion and modernization
(or any of them) of the state docks facilities at the Port of Mobile, as the state facilities
may from time to time exist. The proceeds from the sale of any refunding...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/33-13-12.htm - 2K - Match Info - Similar pages

41-10-278
Section 41-10-278 Presumption of validity of bonds and publication of notice thereof; civil
action challenging validity. Any resolution authorizing any bonds hereunder shall contain
a recital that they are issued pursuant to the provisions of this article, which recital shall
be conclusive evidence that said bonds have been duly authorized pursuant to the provisions
of this article, notwithstanding the provisions of any other law now in force or hereafter
enacted or amended. Upon the passage of any resolution providing for the issuance of bonds
under the provisions of this article, the authority may, in its discretion, cause to be published
once in each of two consecutive weeks in a newspaper published and having general circulation
in the City of Montgomery a notice in substantially the following form (the blanks being first
properly filled in): Alabama Judicial Building Authority, a public corporation in the State
of Alabama, on the _____ day of _____, 20__, adopted a resolution...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-278.htm - 2K - Match Info - Similar pages

41-10-458.2
Section 41-10-458.2 Issuance of bonds - 2006 authorization. (a) Definitions. The following
terms, whenever used in Act 2006-618, shall have the following respective meanings unless
the context clearly indicates otherwise: (1) "Authority" means Alabama Building
Renovation Finance Authority established pursuant to the 1990 Act. (2) "Bonds" (except
where that word is used with reference to bonds issued under another act) means those bonds
authorized to be issued pursuant to the authorization contained in Act 2006-618. (3) "1990
Act" means Act No. 90-602 enacted at the 1990 Regular Session of the Legislature of Alabama,
codified as Article 14 of Chapter 10 of Title 41. (4) "1998 Act" means Act No. 98-245
enacted at the 1998 Regular Session of the Legislature of Alabama. (b) In addition to those
bonds authorized to be issued or refunded by the authority pursuant to the 1990 and 1998 Acts,
the authority, acting pursuant to and exercising the powers granted to it by this article
is hereby...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-458.2.htm - 1K - Match Info - Similar pages

41-10-475
Section 41-10-475 Presumption of validity of bonds and publication of notice thereof. Any resolution
authorizing any bonds hereunder shall contain a recital that they are issued pursuant to the
provisions of this article, which recital shall be conclusive evidence that said bonds have
been duly authorized pursuant to the provisions of this article, notwithstanding the provisions
of any other law now in force or hereafter enacted or amended. Upon the passage of any resolution
providing for the issuance of bonds under the provisions of this article, the authority may,
in its discretion, cause to be published once in each of two consecutive weeks in a newspaper
published and having general circulation in the City of Montgomery a notice in substantially
the following form (the blanks being first properly filled in): "Alabama Building Renovation
Finance Authority, a public corporation and agency of the State of Alabama, on the _____ day
of _____, _____, adopted a resolution providing for...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-475.htm - 2K - Match Info - Similar pages