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9-17-137
Section 9-17-137 Plugging fees payable into fund; investment and use of fund. (a) In addition
to the requirements and fees provided for in Section 9-17-24(a), any person desiring, after
April 25, 1990, to drill any coalbed methane gas well in this state shall pay to the state
a plugging fee of $150.00 respecting each such well desired to be drilled, such plugging fees
to be deposited with the State Treasurer in the fund; provided, however, that no plugging
fees shall be required to be paid during any time when the unobligated balance of the fund
shall exceed the sum of $1,000,000. Any provisions of law to the contrary notwithstanding,
no permit for the drilling of any coalbed methane gas well shall be issued by the board until
the fee provided for in this section shall be paid, if due. (b) The moneys in the fund shall
be invested by the State Treasurer of Alabama in the same manner as state funds generally;
provided, however, that only 50 percent of all interest and earnings accruing...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/9-17-137.htm - 2K - Match Info - Similar pages
11-22-10
Section 11-22-10 Bond issues - Securing of principal and interest; mortgages and deeds of trust;
default. The principal of and interest on any bonds issued by the corporation shall be secured
by a pledge of the revenues and receipts out of which the same shall be made payable and may
be secured by mortgage or deed of trust covering all or any part of the projects from which
the revenues or receipts so pledged may be derived, including any enlargements of and additions
to any such projects thereafter made. The resolution under which the bonds are authorized
to be issued and any such mortgage or deed of trust may contain any agreements and provisions
respecting the maintenance of the projects covered thereby, the fixing and collection of fees,
rates, tolls and charges for the services, facilities and accommodations furnished by the
corporation and of the rents for any portion thereof leased by the corporation to others,
the creation and maintenance of special funds from such revenues and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-22-10.htm - 2K - Match Info - Similar pages
11-54-90
Section 11-54-90 Bonds - Security for payment of principal and interest; remedies upon default.
The principal of and interest on any bonds issued by the industrial development board shall
be secured by a pledge of the revenues and receipts out of which the same shall be made payable
and may be secured by a mortgage or deed of trust covering all or any part of the projects
from which the revenues or receipts so pledged may be derived, including any enlargements
of and additions to any such projects thereafter made. The resolution under which the bonds
are authorized to be issued and any such mortgage or deed of trust may contain any agreements
and provisions respecting the maintenance of the projects covered thereby, the fixing and
collection of rents for any portions thereof leased by the board to others, the creation and
maintenance of special funds from such revenues and the rights and remedies available in the
event of default as the board of directors shall deem advisable not in...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-54-90.htm - 2K - Match Info - Similar pages
11-60-11
Section 11-60-11 Bonds - Security for payment of principal or interest; remedies upon default.
The principal of and interest on any bonds issued by the corporation shall be secured by a
pledge of the revenues and receipts out of which the same shall be made payable and may be
secured by mortgage or deed of trust covering all or any part of the projects from which the
revenues or receipts so pledged may be derived, including any enlargements of and additions
to any such projects thereafter made. The resolution under which the bonds are authorized
to be issued and any such mortgage or deed of trust may contain any agreements and provisions
respecting the maintenance of the projects covered thereby, the fixing and collection of fees,
rates, tolls and charges for the services, facilities and accommodations furnished by the
corporation and of the rents for any portions thereof leased by the corporation to others,
the creation and maintenance of special funds from such revenues and the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-60-11.htm - 2K - Match Info - Similar pages
11-98-5.2
Section 11-98-5.2 911 Fund. (a) Effective October 1, 2013, the 911 Fund shall be created as
an insured interest-bearing account into which the 911 Board shall deposit all revenues derived
from the service charge levied on voice communications service providers under this chapter
and all prepaid wireless 911 charges received from the department. The revenues deposited
into the 911 Fund shall not be monies or property of the state and shall not be subject to
appropriation by the Legislature. The 911 Board shall administer the fund and shall credit
the 911 Fund all revenues received. The fund and revenues generated by the fund may only be
used as provided in this chapter. (b) Effective October 1, 2013, there shall first be deducted,
no more than one time during each calendar month, from the total amount of the statewide 911
charges paid over to the 911 Board during such month, a sum not to exceed one percent of the
total amount, to be applied by the 911 Board exclusively for payment of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-98-5.2.htm - 11K - Match Info - Similar pages
15-23-14
Section 15-23-14 Award of compensation subrogates commission to rights of claimant as to collateral
source; funds recovered from collateral source held in trust for commission; disposition of
trust funds; notice of action to recover damages; restitution hearings. (a) If compensation
is awarded, the commission shall be subrogated to all the rights of a claimant to receive
or recover from a collateral source to the extent that compensation was awarded. (b) In the
event the claimant recovers compensation, other than under the provisions of this article,
for injuries or death resulting from criminally injurious conduct, the claimant shall retain,
as trustee for the commission, so much of the recovered funds as necessary to reimburse the
Alabama Crime Victims Compensation Fund to the extent that compensation was awarded to the
claimant from that fund. The funds retained in trust shall be promptly paid over to the commission
and deposited in the Alabama Crime Victims Compensation Fund....
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/15-23-14.htm - 3K - Match Info - Similar pages
16-65-7
Section 16-65-7 Proceeds from the sale of bonds, revenues, and other funds. (a) After making
adequate provision for the payment of the expenses of issuance, the authority is authorized
and empowered to use the proceeds of any bonds, together with any other available funds (1)
to finance equipment costs through equipment loans to educational institutions as herein authorized;
(2) to fund such reserves as the authority deems necessary and desirable; and (3) to the extent
not needed for the foregoing uses, to pay or redeem such bonds. (b) Pending the application
of the proceeds of bonds to the purpose or purposes of which such bonds were issued, such
proceeds may be invested by the authority in such manner consistent with the resolution pursuant
to which such bonds are issued, as the board of directors may deem advisable. (c) Any and
all revenues, receipts, investment earnings, and other funds paid to, or otherwise coming
into the possession of, the authority as the result of financings...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-65-7.htm - 1K - Match Info - Similar pages
2-6-117
Section 2-6-117 Disposition of refunding bond proceeds. (a) The proceeds of refunding bonds
shall be applied, together with any other moneys legally available, to the payment of the
expenses authorized by this article and to the payment of the principal of, premium, if any,
and interest due and to become due on any outstanding bonds to be refunded. The expenses authorized
by this article shall include, in addition to other expenses authorized by this article, all
expenses that the board of directors may deem necessary or advantageous in connection with
the sale and issuance of refunding bonds, including, without limitation, the expenses of selling
and issuing such refunding bonds, including any discount reflected in the purchase price paid
to the corporation, fees and disbursements of attorneys, accountants, fiscal agents, financial
advisors, and other consultants, fees and disbursements of trustees, escrow agents, registrars,
paying agents, transfer agents, depositories for...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/2-6-117.htm - 3K - Match Info - Similar pages
22-6-195
Section 22-6-195 Privilege assessment - Payment; disposition of funds. (a) The assessment imposed
by this article shall be due and payable to the department on or before the twentieth day
of the month next succeeding the month in which the assessment accrues and, when collected,
shall be paid by the department into the State Treasury. Payment by United States mail shall
be timely if mailed in accordance with Section 40-1-45. When paid into the State Treasury,
all such taxes shall be deposited to the credit of the Alabama Health Care Trust Fund or any
successor fund administered by or on behalf of the Medicaid Agency. (b) The receipts from
the assessment levied in this article shall be solely available for appropriation by the Legislature
to the Medicaid Agency for use by the agency in accomplishing the purposes of this article.
(Act 2014-126, p. 236, ยง6.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-6-195.htm - 1K - Match Info - Similar pages
40-18-86
Section 40-18-86 Sale or transfer of real property and associated tangible property by nonresidents.
(a) As used in this section, the term nonresident of Alabama shall include individuals, trusts,
partnerships, corporations, and unincorporated organizations. Any seller or transferor who
meets all of the following conditions and who provides the buyer or transferee with an affidavit
signed under oath swearing or affirming that all of the following conditions are met will
be deemed a resident for purposes of this section: (1) The seller or transferor has filed
Alabama income tax returns or appropriate extensions have been received for the two income
tax years immediately preceding the year of sale. (2) The seller or transferor is in business
in Alabama and will continue substantially the same business in Alabama after the sale or
the seller or transferor has real property remaining in the state at the time of closing of
equal or greater value than the withholding tax liability as...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/40-18-86.htm - 6K - Match Info - Similar pages
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