Code of Alabama

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16-18A-6
Section 16-18A-6 Revenue bonds - Contracts to secure payment. As security for payment of the
principal and interest on bonds issued or obligations assumed by it, the authority may enter
into a contract or contracts binding itself for the proper application of the proceeds of
bonds and other funds, for the continued operation and maintenance of any property and facilities,
owned or controlled and operated by it or under its authority or any part or parts thereof,
for the imposition and collection of reasonable rates and rentals for and the promulgation
of reasonable regulations respecting the use of property and facilities of the authority and
any service furnished therefrom, for the disposition and application of its gross revenues
or any part thereof and for any other act or series of acts not inconsistent with the provisions
of this chapter for the protection of the bonds and other obligations being secured and the
assurance that revenues from such property and facilities will be...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-18A-6.htm - 2K - Match Info - Similar pages

41-10-143
Section 41-10-143 Bonds - Contracts to secure payment of principal and interest. As security
for payment of the principal and interest on bonds issued or obligations assumed by it, an
authority may enter into a contract or contracts binding itself for the proper application
of the proceeds of bonds and other funds, for the continued operation, leasing and maintenance
of any property and facilities owned or controlled and operated by it or under its authority
or any part or parts thereof, for the imposition and collection of reasonable rates and rentals
for and the promulgation of reasonable regulations respecting the use of property and facilities
of the authority and any service furnished therefrom, for the disposition and application
of its gross revenues or any part thereof and for any other act or series of acts not inconsistent
with the provisions of this article for the protection of the bonds and other obligations
being secured and the assurance that revenues from such property...
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9-6-10
Section 9-6-10 Bonds - Contracts to secure payment. As security for payment of the principal
and interest on bonds issued or obligations assumed by it, the authority may enter into a
contract or contracts binding itself for the proper application of the proceeds of bonds and
other funds, for the continued operation and maintenance of any equipment, facilities, apparatus
or systems owned or controlled and operated by it or under its authority or any part or parts
thereof, for the imposition and collection of reasonable rates and rentals for and the promulgation
of reasonable regulations respecting the use of equipment, facilities, apparatus and systems
of the authority and any service furnished therefrom, for the disposition and application
of its gross revenues or any part thereof and for any other act or series of acts not inconsistent
with the provisions of this chapter for the protection of the bonds and other obligations
being secured and the assurance that revenues from such...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/9-6-10.htm - 2K - Match Info - Similar pages

16-17-11
Section 16-17-11 Contracts to secure bonds and assumed obligations. As security for payment
of the principal of and interest on bonds issued or obligations assumed by it, the authority
may enter into a contract or contracts binding itself for the proper application of the proceeds
of bonds and other funds, for the continued operation, maintenance and disposition (including
lease) of any ancillary improvements or part thereof owned by it, for the imposition and collection
of reasonable rentals from such ancillary improvements, for the disposition and application
of its gross revenues or any part thereof and for any other act or series of acts not inconsistent
with the provisions of this chapter for the protection of the bonds and other obligations
being secured and the assurance that the revenues from such ancillary improvements will be
sufficient to operate such ancillary improvements, maintain the same in good repair and in
good operating condition, pay the principal of and interest...
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16-18-12
Section 16-18-12 Contracts to secure bonds and assumed obligations. As security for payment
of the principal of and interest on bonds issued or obligations assumed by it, the authority
may enter into a contract or contracts binding itself for the proper application of the proceeds
of bonds and other funds, for the continued operation, maintenance and disposition (including
lease) of any ancillary improvements or part thereof owned by it, for the imposition and collection
of reasonable rentals from such ancillary improvements, for the disposition and application
of its gross revenues or any part thereof, and for any other act or series of acts not inconsistent
with the provisions of this chapter for the protection of the bonds and other obligations
being secured and the assurance that the revenues from such ancillary improvements will be
sufficient to operate such ancillary improvements, maintain the same in good repair and in
good operating condition, pay the principal of and interest...
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11-49A-11
Section 11-49A-11 Bonds - Contracts as security for payment. As security for payment of the
principal of and the interest on bonds issued or obligations assumed by it, the authority
may enter into a contract or contracts binding itself for the proper application of the proceeds
of bonds and other funds, for the continued operation and maintenance of any transit system
owned by it, or any part or parts thereof, for the imposition and collection of reasonable
rates for and the promulgation of reasonable regulations respecting any service furnished
from such system, for the disposition and application of its gross revenues or any part thereof,
and for any other act or series of acts not inconsistent with the provisions of this chapter
for the protection of the bonds and other obligations being secured and the assurance that
the revenues from such system, when added to all other moneys of the authority available therefor,
will be sufficient to operate such system, maintain the same in good...
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11-99B-9
Section 11-99B-9 Contracts to secure payment of principal and interest. As security for payment
of the principal of and the interest on bonds issued or obligations assumed by it, the district
may enter into a contract or contracts binding itself for the proper application of the proceeds
of bonds and other funds, for the continued operation and maintenance of any project owned
by it or any part or parts thereof, for the imposition and collection of reasonable rates,
licences, rentals, fees and charges for and the promulgation of reasonable regulations respecting
any such project, for the disposition and application of its gross revenues or any part thereof,
and for any other act or series of acts not inconsistent with the provisions of this chapter
for the protection of the bonds and other obligations being secured and the assurance that
the revenues from such project will be sufficient to operate such project, maintain the same
in good repair and in good operating condition, pay the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-99B-9.htm - 1K - Match Info - Similar pages

11-88-9
Section 11-88-9 Bonds of authority - Contracts to secure payment of principal and interest.
As security for payment of the principal of and interest on bonds issued or obligations assumed
by it, the authority may enter into a contract or contracts binding itself for the proper
application of the proceeds of bonds and other funds, for the continued operation and maintenance
of any water system, sewer system or fire protection facility owned by it or any part or parts
thereof, for the imposition and collection of reasonable rates for and the promulgation of
reasonable regulations respecting any service furnished from such system or facility, for
the disposition and application of its gross revenues or any part thereof and for any other
act or series of acts not inconsistent with the provisions of this article for the protection
of the bonds and other obligations being secured and the assurance that the revenues from
such system or facility will be sufficient to operate such system or...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-88-9.htm - 2K - Match Info - Similar pages

11-89-9
Section 11-89-9 Bonds of district - Contracts to secure payment of principal and interest.
As security for payment of the principal of and the interest on bonds issued or obligations
assumed by it, the district may enter into a contract or contracts binding itself for the
proper application of the proceeds of bonds and other funds, for the continued operation and
maintenance of any water system, sewer system, or fire protection facility owned by it or
any part or parts thereof, for the imposition and collection of reasonable rates for and the
promulgation of reasonable regulations respecting any service furnished from such system or
facility, for the disposition and application of its gross revenues or any part thereof and
for any other act or series of acts not inconsistent with the provisions of this chapter for
the protection of the bonds and other obligations being secured and the assurance that the
revenues from such system or facility will be sufficient to operate such system or...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-89-9.htm - 1K - Match Info - Similar pages

11-89B-3
Section 11-89B-3 Contracts as security for payment of principal and interest on bonds. As security
for payment of the principal of and interest on bonds issued or obligations assumed by it,
such public corporation may enter into a contract or contracts binding itself for the proper
application of the proceeds of bonds and other funds, for the continued operation and maintenance
of any water, sewer or garbage system or other revenue-producing facility owned by it or any
part or parts thereof, for the imposition and collection of reasonable rates for and the promulgation
of reasonable regulations respecting any service furnished from any such system or facility,
for the disposition and application of its gross revenues or any part thereof and for any
other act or series of acts not inconsistent with the provisions of this chapter for the protection
of the bonds and other obligations being secured and the assurance that the revenues from
such system or facility will be sufficient to...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-89B-3.htm - 2K - Match Info - Similar pages

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