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...
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11-59-14
Section 11-59-14 Authority and procedure for dissolution of corporations; vesting of title
to facilities thereof in municipalities upon dissolution. When the principal of and interest
on all bonds issued by the corporation shall have been paid, the title to all facilities then
owned by the corporation shall thereupon vest in the municipality with respect to which the
corporation shall have been organized, and all rights and powers of the corporation with respect
to said facilities shall thereupon terminate and the corporation shall thereupon stand dissolved.
The then members of the board of directors of the corporation shall thereupon execute and
file for record in the office of the judge of probate of the county in which the certificate
of incorporation of the corporation was filed an appropriate certificate reciting the payment
of the principal of and interest on the bonds of the corporation, which certificate shall
also describe the facilities owned by the corporation at the time of...
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24-1A-6
Section 24-1A-6 Bonds. (a) General. The authority may from time to time issue its negotiable
bonds in such principal amounts as, in the opinion of the authority, shall be necessary to
provide sufficient funds for achieving the corporate purposes thereof, the payment of interest
on bonds of the authority, establishment of reserves to secure such bonds and all other expenditures
of the authority incident to, and necessary or convenient to, carrying out its corporate purposes
and powers. (b) Sources of Payment. Bonds issued by the authority shall be payable solely
out of revenues or property of the authority specified in the resolutions authorizing the
issuance of such bonds. To the extent permitted by any contracts with the holders of outstanding
bonds and any other contractual obligations or requirements, the authority may pledge any,
or all, of its revenues or mortgages or assign any, or all, of its assets (whether real or
personal and whether tangible or intangible) to secure the...
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33-15-10
Section 33-15-10 Bonds and other obligations - Statutory mortgage lien. Any resolution of the
board of directors or trust indenture, under which bonds may be issued pursuant to the provisions
of this chapter may contain provisions creating a statutory mortgage lien, in favor of the
holders of such bonds and of the interest coupons applicable thereto, on the facilities and
other property (including any after-acquired property) out of the revenues from which such
bonds are made payable. The said resolution of the board of directors or the said trust indenture
may provide for the filing for record in the office of the judge of probate of each county
in which any part of such facilities or other property may be located of a notice containing
a brief description of such facilities or other property, a brief description of such bonds
and a declaration that said statutory mortgage lien has been created for the benefit of the
holders of such bonds and the interest coupons applicable thereto...
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33-2-183
Section 33-2-183 Docks facilities revenue bonds and refunding bonds - Generally. The docks
facilities revenue bonds and the refunding bonds shall be in such forms and denominations
and of such tenor and maturities (either serial or term or a combination thereof), provided
that no docks facilities revenue bond or refunding bond shall have a specified maturity date,
including sinking fund redemptions, later than 30 years after its date, shall bear such rate
or rates of interest (including a zero rate of interest) payable and evidenced in such manner,
and may contain other provisions not inconsistent with this article, all as may be provided
in the order or orders of the director in which the docks facilities revenue bonds or the
refunding bonds, respectively, are authorized to be issued; provided, that no such order shall
be valid without the written approval of the Governor. Notwithstanding any other provision
of this article to the contrary, the director may, in connection with the...
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4-3-14
Section 4-3-14 Issuance and sale of bonds by authority; form, denominations, terms, etc., of
bonds. The authority shall have the power and is hereby authorized at any time and from time
to time to issue and sell its interest-bearing revenue bonds for any of its corporate purposes.
The principal of and the interest on all such bonds shall be payable solely from, and may
be secured by a pledge of, the revenues derived by the authority from the operation of any
or all of its airports, heliports, facilities and other property. None of the bonds issued
or contracts entered into by the authority shall ever constitute or create an obligation or
debt of the state or of any county, city or town within the state, or a charge against the
credit or taxing powers of the state or of any county, city or town within the state. Bonds
of the authority may be issued at any time and from time to time, may be in such form and
denominations, may be of such tenor, may be payable in such installments and at...
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41-10-268
Section 41-10-268 Authorization, issuance and sale of bonds. The authority is hereby authorized
from time to time to sell and issue its interest-bearing or noninterest-bearing bonds, in
one or more series, not to exceed an aggregate principal amount of $40,000,000.00, excluding
refunding bonds described in Section 41-10-277, for the purpose of providing funds for the
acquisition, construction, installation and equipping of judicial facilities, and for payment
of obligations incurred for any of said purposes. Bonds of the authority may be in such form
and denominations, may be of such tenor, may be payable in such installments and at such time
or times not exceeding 30 years from their date, may be payable at such place or places, may
be redeemable at such times and under such conditions, may bear interest at such rate or rates
payable and evidenced in such manner or may be structured to bear no interest or to reflect
compound interest and may be secured in such manner, all as shall not...
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41-4-322
Section 41-4-322 Programs; director; standards; duties of director and local indigent defense
advisory board; budget. (a) The office shall develop and improve programs to provide legal
representation to indigents. (b) The office shall have a director, who shall be chosen by
the Director of Finance on the basis of training, experience, and other qualifications. The
term of office shall be three years, subject to termination for cause. The person selected
as Director of the Office of Indigent Defense Services, in addition to the above qualifications
and experience, shall be an attorney licensed to practice law in the State of Alabama. The
director shall be chosen from a list of three qualified candidates nominated by the Alabama
State Bar Board of Bar Commissioners within 60 days of a vacancy occurring. The Director of
Finance shall serve as the Director of Indigent Defense Services on an interim basis if a
vacancy exists. If the Alabama State Bar Board of Bar Commissioners fails to...
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45-18-90.04
Section 45-18-90.04 Powers and obligations of board. The board may provide for constructive
notice of any statutory mortgage lien, authorize and make provisions respecting the assumption
by the authority of obligations respecting facilities and other property acquired by the authority;
provide for the use of the proceeds of bonds and notes issued by the authority; provide for
the refunding by the issuance of bonds and notes of the authority of bonds and notes theretofore
issued or obligations theretofore assumed by it. Bonds and notes issued and contracts entered
into by the authority pursuant to this article shall not constitute or create a debt of the
state or of any county, municipality, or other political subdivision of the state. (Act 2005-118,
p. 196, §5.)...
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45-29-90.15
Section 45-29-90.15 Statutory mortgage lien. Any resolution of the board of directors, or trust
indenture, under which bonds may be issued pursuant to this article may contain provisions
creating a statutory mortgage lien, in favor of the holders of such bonds and of the interest
coupons applicable thereto, on the facilities and other property, including any after-acquired
property, out of the revenues from which such bonds are made payable. The resolution of the
board of directors, or the trust indenture, may provide for the filing for record in the office
of the Judge of Probate of Fayette County of a notice containing a brief description of such
facilities or other property, a brief description of such bonds, and a declaration that the
statutory mortgage lien has been created for the benefit of the holders of such bonds and
the interest coupons applicable thereto, upon such facilities and other property, including
any additions thereto and extensions thereof. The judge of probate...
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