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9-14A-16
Section 9-14A-16 Refunding bonds. Pursuant to the provisions of the aforesaid amendment and
this chapter, the corporations may, at any time and from time to time, issue for the state
refunding bonds of the state for the purpose of refunding any or all of the bonds authorized
by the aforesaid amendment then outstanding, including any refunding bonds that may have been
previously issued, whether such refunding shall occur before, at or after the maturity of
the bonds to be refunded. In the discretion of the corporations, refunding bonds may be issued
in exchange for such outstanding bonds or they may be sold and the proceeds thereof applied
to the purchase, redemption or payment of such outstanding bonds. Refunding bonds to be issued
in exchange for such outstanding bonds shall not be issued in a principal amount greater than
the principal amount of the bonds to be refunded. Refunding bonds to be sold pursuant hereto
may be issued in such principal amount or amounts as shall be...
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16-16B-8
Section 16-16B-8 (Implementation Conditioned on Separate Legislative Enactment.) Refunding
bonds. For the purpose of refunding any Bonds or Refunding Bonds of the Authority issued under
the provisions of this chapter, the 1965 Act, the 1971 Acts, the 1973 Act, the 1978 Act, the
1985 Act, the 1990 Act, the 1995 Act, the 1998 Act, the 1999 Act, the 2001 Act, the 2002 Act,
the 2003 Act, the 2007 Act or any other act previously enacted, or any combination thereof,
whether such refunding shall occur before, at or after the maturity of the Bonds refunded
and for the purpose of paying all premiums and expenses of such refunding (including, but
not limited to, attorneys' fees, costs of printing the Refunding Bonds, fiscal agents' fees,
and accountants' fees), the Authority is hereby authorized to sell and issue its Refunding
Bonds. Such Refunding Bonds may be sold and issued from time to time, at public sale, on sealed
bids and on such other terms and conditions as the Authority shall...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-16B-8.htm - 7K - Match Info - Similar pages
36-17-3
Section 36-17-3 Duties generally. The powers, functions, and duties of the Treasurer shall
be: (1) To receive all moneys due the state and deposit them in the proper accounts. (2) To
perform the functions and duties now authorized by law with respect to state depositaries.
(3) To pay all warrants duly executed by the Comptroller, and to pay for funds electronically
transferred by the Comptroller in accordance with Section 41-4-50, upon the determination
that there is sufficient money for the payment thereof in the fund upon which they are drawn.
No warrant executed by any other person shall be honored. All checks drawn on the state funds
shall be signed by the Treasurer, or the chief clerk in the office, and countersigned by the
special assistant in the office of the Treasurer, who is appointed by the Treasurer with the
approval of the Governor. Another employee may be designated by the Treasurer, with the approval
of the Governor, to countersign checks in the absence of the special...
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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
41-10-64
Section 41-10-64 Special and continuing trust fund for payment of principal and interest on
bonds of authority and maintenance, etc., of facilities thereof. For the purpose of providing
funds for the payment of the costs and expenses necessary to accomplish the purpose of this
authority and for the payment of the principal of and interest on any bonds issued by the
authority under the provisions of this article, there is hereby created and irrevocably pledged
to the payment of such obligations a special and continuing trust fund which shall consist
of all revenues, receipts and income from rents contracted for and received by the authority
and all revenues, receipts and income received by the authority from any other source whatsoever.
There shall be created within said special and continuing trust fund a reserve fund account
of said authority in the State Treasury, in which shall be placed as a trust fund and held
separate and apart from all other moneys of the state or of the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-64.htm - 2K - Match Info - Similar pages
22-29-16
Section 22-29-16 Custody of moneys and funds; disposition of same. The State Treasurer shall
have custody of all moneys or funds paid or delivered to the authority and shall establish
a separate account for each project of each local public body, and such moneys or funds shall
be dedicated and used solely for the payment of any grant by the authority for the state to
such local public body or, in case the bonds of the authority shall have been issued to fund
such grant, the payment of the principal of and interest on such bonds, the expenses of such
payment and any reserve fund required for such bonds by the authorizing resolution; provided,
that if there shall be any surplus funds on deposit in said fund to the credit of the project
of a local public body, then, upon application by such local public body, the State Treasurer
may make cash expenditures from such account for any such project to the extent that moneys
are available therefor in any fiscal year of the authority after there...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-29-16.htm - 1K - Match Info - Similar pages
25-4-31
Section 25-4-31 Treasurer; separate accounts; disposition of interest and penalties. (a) The
secretary shall designate an employee of the unemployment compensation agency as treasurer
of the fund who shall pay all vouchers or checks duly drawn upon the fund, in such manner
as the secretary may prescribe. The secretary shall also designate an employee of the unemployment
compensation agency as alternate treasurer who, in case of extended absence of the treasurer
shall, upon written notice from the secretary, perform all duties of the treasurer. The treasurer
shall maintain within the fund the following separate accounts: A clearing account; an unemployment
trust fund account; an unemployment benefit payment account; a fraud interest penalty account;
and such other account or accounts as may be necessary for the payment of any federal unemployment
benefits. All moneys payable to the fund, upon receipt thereof by the secretary, shall be
forwarded to the treasurer who shall immediately...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/25-4-31.htm - 4K - Match Info - Similar pages
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
23-6-8
Section 23-6-8 Bonds of corporation; annual appropriation from state Public Road and Bridge
Fund. (a) The bonds of the corporation shall be signed by its president and attested by its
secretary and the seal of the corporation shall be affixed thereto or a facsimile thereof
printed or otherwise reproduced thereon. The signatures of both the president and the secretary
on any bonds may be facsimile signatures if the board of directors, in its proceedings with
respect to issuance of the bonds, provides for manual authentication thereof, or manual execution
of certificates of registration thereon, by a trustee, registrar, or paying agent or by named
individuals who are employees of the state assigned to the Finance Department or the State
Treasurer's office. Any bonds of the corporation may be executed and delivered by it at any
time and shall be in the form and denominations and of the tenor and maturities, shall bear
the rate or rates of interest payable and evidenced in such manner, may...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/23-6-8.htm - 7K - Match Info - Similar pages
45-37-90.04
Section 45-37-90.04 Civic Center Authority - Powers; officers; contracts; conflicts of interest.
(a) The power of the authority shall be vested in and exercised by a majority of the members
of the board of directors. The board may delegate to one or more of its members or its officers,
agents, and employees such duties as it may deem proper. The board of directors shall elect
a vice chair of the board, who shall serve as chair in the event of the chair's absence. The
board of directors shall also elect a treasurer and a secretary. The same person may serve
as secretary and treasurer. The secretary and treasurer may or may not be a member of the
board. The treasurer shall act as custodian of all the funds, from whatever sources derived,
received by the authority. The treasurer shall deposit the monies in a separate account or
accounts in one or more bank or banks or trust companies which are duly qualified and doing
business in the State of Alabama. The authority may by resolution or by...
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