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11-92C-15
Section 11-92C-15 Failure to pay past due assessments. If any user, lessee, or owner of the
project fails to pay when due, with time being of the essence, any assessments or fees due
under this chapter, including, but without limitation, any payments in lieu of taxes, collectively
"past due assessment," then the authorizing subdivision or authority, or their designated
agents, collectively the "fee collector," may commence proceedings to foreclose
on the land and improvements of the user, lessee, or owner of the project having land within
the State of Alabama, subject to the terms of any executed agreement between the fee collector
and the user, lessee, or owner of the project, as follows: (1) A fee collector shall send
a letter by means of United States certified mail, return receipt requested, to the last known
address of the user, owner, or lessee of the project. The address of the user, owner, or lessee
as shown in the tax assessment records of the tax assessor or revenue...
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16-65-5
Section 16-65-5 Powers of authority. The authority shall have all of the following powers:
(1) To adopt an official seal and alter the same at its pleasure. (2) To sue and be sued in
contract and in tort and to complain and defend in all courts of law and equity. (3) To maintain
an office at such place or places as it may designate. (4) To borrow money and to issue bonds
for the purpose of making equipment loans to educational institutions to finance equipment
costs, and to provide for the rights of the purchasers, holders, or owners of such bonds.
(5) To make equipment loans to any public educational institution in order to finance equipment
costs, which equipment loans may be evidenced or secured by loan agreements, promissory notes,
security agreements, trust indentures, or such other instruments, and upon such terms and
conditions as the board of directors of the authority shall determine to be reasonable. (6)
To arrange for various forms of security or credit enhancement for its...
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22-21-140
Section 22-21-140 Lease agreements with municipality. (a) Authorization of lease. The authority
and the municipality are hereby respectively authorized to enter into one or more lease agreements
with each other whereunder one or more projects or any part thereof shall be leased by the
authority to the municipality. No such lease agreement shall be for a term longer than the
then current fiscal year in which it is made. Any such lease agreement made, however, may
contain a grant to the municipality of successive options to renew such lease agreement, on
the conditions specified therein, for additional terms; but no such additional term shall
be for a period longer than the fiscal year in which such renewal shall be made. The lease
agreement may contain provisions as to the method by which such renewal may be effected. (b)
Payments limited to current revenues of the municipality for current fiscal year. The obligation
on the part of the municipality to pay the rental required to be paid...
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22-21-150
Section 22-21-150 Bonds - Default. (a) In event of default on bonds. If there should be any
default in the payment of the principal of, or interest on, any bonds issued under this article,
then the holder of any of the bonds, and of any of the interest coupons applicable thereto,
and the trustee under any indenture, or any one or more of them: (1) May, by mandamus, injunction
or other proceedings, compel performance of all duties of the officers and directors of the
authority with respect to the use of funds for the payment of the bonds and for the performance
of the agreements of the authority contained in the proceedings under which they were issued;
(2) Shall be entitled to a judgment against the authority for the principal of, and interest
on, the bonds so in default; and (3) Regardless of the sufficiency of the security for the
bonds in default and as a matter of right, shall be entitled to the appointment of a receiver:
a. To make lease agreements respecting the project out of...
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22-23B-2
Section 22-23B-2 Definitions. The following words and phrases, whenever used in this chapter,
shall have the following respective meanings unless the context clearly indicates otherwise:
AUTHORITY. The corporation organized pursuant to the provisions of this chapter as a public
corporation, agency and instrumentality of the state and known as the "Alabama Drinking
Water Finance Authority." AUTHORIZING RESOLUTION. A resolution, order or other proceedings
adopted by the board of directors of the authority authorizing the issuance of bonds, agreements
and related matters. BOARD OF DIRECTORS. The board of directors of the authority. BOND PROCEEDS.
The net proceeds of sale of bonds or notes, and the income derived from the investment of
such proceeds. BONDS. The bonds, notes or obligations or other evidences of indebtedness issued
by the authority under the provisions of this chapter. DEPARTMENT. The Alabama Department
of Environmental Management or any successor. FEDERAL ACT. The Act of...
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23-1-301
Section 23-1-301 Definitions. When used in this article, the following words and phrases shall
have the following respective meanings unless the context clearly indicates otherwise: (1)
AUTHORITY. The Alabama Federal Aid Highway Finance Authority, a public corporation and instrumentality
of the state authorized to be organized under the provisions of this article. (2) BOARD OF
DIRECTORS. The board of directors of the authority. (3) BONDS. The bonds, including refunding
bonds issued to refund outstanding obligations, that in this article are authorized to be
sold and issued by the authority. (4) CORPORATION. The authority. (5) HIGHWAY GASOLINE TAX.
The excise tax levied under subdivision (1) of subsection (a) of Section 40-17-325, with the
exception of those portions of the tax levied on aviation fuel and marine gasoline. (6) LEGISLATURE.
The Legislature of Alabama. (7) NET GASOLINE TAX PROCEEDS. The entire proceeds from the highway
gasoline tax less the cost of collection and less any...
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33-2-122
Section 33-2-122 Authority to acquire, construct, maintain, etc., new facilities; completion
of facilities acquired under earlier acts; plans and survey; approval of Governor; permit
or consent from federal authorities. The state, acting through the department, shall, in promoting
and aiding the commercial flow of agricultural products within the state, or in aid of commerce
and use of the waterways of the state, in engaging in the works of internal improvement authorized
by this article, have the power to acquire, purchase, install, lease, construct, own, hold,
maintain, equip, control and operate facilities of all kinds within the state or along navigable
streams and waterways of the state, to the fullest extent practicable and to such extent as
the department shall deem desirable or proper. The authority herein granted shall include
the completion of any dock facilities originally acquired under the provisions of the 1957
Docks Act, the 1959 Docks Act, the 1961 Docks Act, or the...
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33-2-152
Section 33-2-152 Authority to acquire, construct, maintain, etc., new facilities; completion
of facilities acquired under earlier acts; plans and survey; approval of Governor; permit
or consent from federal authorities. The state, acting through the department, shall, in promoting
and aiding the commercial flow of agricultural products within the state, or in aid of commerce
and use of the waterways of the state, in engaging in the works of internal improvement authorized
by this article, have the power to acquire, purchase, install, lease, construct, own, hold,
maintain, equip, control and operate facilities of all kinds within the state or along navigable
streams and waterways of the state, to the fullest extent practicable and to such extent as
the department shall deem desirable or proper. The authority herein granted shall include
the completion of any dock facilities originally acquired under the provisions of the 1957
Docks Act, the 1959 Docks Act, the 1961 Docks Act, the 1963...
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40-21-9
Section 40-21-9 Details of returns of electric power and telegraph and telephone companies.
Every electric power, hydroelectric power, every telegraph, telephone, or long distance telephone
company shall include in each return made by it the following particulars: (1) The number
of miles of right-of-way in the state belonging to such company and the number of miles of
right-of-way along public roads or on government land or on or along the streets of incorporated
cities and towns used by such company, showing the number of miles of each class separately
and by what authority such use is granted; (2) The total length of all transmission lines
or telephone or telegraph lines, stated by the number of miles of poles and the number of
miles of towers, whether poles are treated or untreated, and description of towers as to size
and height, the number of miles of wire, of each material constructed, stated according to
the number of miles of each class and size of wire, the number of miles of...
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45-30-250.05
Section 45-30-250.05 Powers of authority. (a) The authority shall have the following corporate
powers, and all incidental or necessary powers thereto, either separately or in combination
with any other system, service, or facility referred to in this section: (1) To have succession
by its corporate name for the duration of time specified in its certificate of incorporation.
(2) To sue and be sued in its own name in civil actions, except as otherwise provided in this
act, and to defend civil actions against it. (3) To adopt and make use of a corporate seal
and to alter the same at pleasure. (4) To adopt and alter bylaws for the regulation and conduct
of its affairs and business. (5) To acquire, receive, or take, by purchase, gift, lease, devise,
or otherwise, and to hold property of every description, real, personal, or mixed, whether
located in one or more counties and whether located within or outside the service area. (6)
To make, enter into, and execute contracts, agreements,...
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