Code of Alabama
Chapter 10 - Authorities.
Article 14 - Alabama Building Renovation Finance Authority.

Section 41-10-450 - Legislative Intent. - It is the intent of the Legislature by the passage...

Section 41-10-451 - Definitions. - (1) AUTHORITY. The public corporation organized pursuant to the provisions...

Section 41-10-452 - Power to Incorporate. - The Governor, the Director of Finance, and the State Treasurer...

Section 41-10-453 - Provisions for Incorporation. - To become a corporation, the Governor, the Director of Finance,...

Section 41-10-454 - Consummation of Incorporation. - When the application has been made, filed, and recorded as...

Section 41-10-455 - Members, Directors and Officers of Authority. - The applicants named in the application and their respective successors...

Section 41-10-456 - Powers of Authority. - The authority shall have the following powers among others specified...

Section 41-10-457 - Power of Condemnation. - The authority shall have the same powers of eminent domain...

Section 41-10-458 - Authorization of Bonds. - The authority is hereby authorized from time to time to...

Section 41-10-458.1 - Definitions; Additional Authorization. - (a) Definitions. The following terms, whenever used in Act 98-245,...

Section 41-10-458.2 - Issuance of Bonds - 2006 Authorization. - (a) Definitions. The following terms, whenever used in Act 2006-618,...

Section 41-10-459 - Refunding Bonds. - The authority may from time to time sell and issue...

Section 41-10-460 - Execution of Bonds. - All bonds of the authority shall be signed by its...

Section 41-10-461 - Sale of Bonds. - Bonds may be sold by the authority from time to...

Section 41-10-462 - Bonds of Authority. - Any bonds of the authority may be executed and delivered...

Section 41-10-463 - Investment of Proceeds From Sale of Bonds. - Any portion of the principal proceeds derived from the sale...

Section 41-10-464 - Exemption From Taxation. - The properties of the authority and the income therefrom, all...

Section 41-10-465 - Bonds Constitute Negotiable Instruments. - All bonds issued by the authority shall be construed to...

Section 41-10-466 - Obligations Not Debt of State. - All obligations incurred by the authority and all bonds issued...

Section 41-10-467 - Bonds May Be Used to Secure Deposit and for Investment of Fiduciary Funds. - The state and all public officers, municipal corporations, political subdivisions,...

Section 41-10-468 - Use of Proceeds From Sale of Bonds. - All proceeds derived from the sale of any bonds (except...

Section 41-10-469 - Use of Proceeds of Refunding Bonds. - The proceeds of refunding bonds shall be applied, together with...

Section 41-10-470 - Conveyance to Authority by State. - The Governor of Alabama is authorized to execute and deliver...

Section 41-10-471 - Creation of Fund for Benefit of Bonds. - For the purpose of providing funds for the payment of...

Section 41-10-472 - Pledge and Lien for Benefit of Bonds. - In the proceedings authorizing the issuance of any of its...

Section 41-10-473 - State Treasurer to Disburse Funds. - Out of the revenues referred to in Section 41-10-471, the...

Section 41-10-474 - Terms and Conditions of Leasing by Authority; Delinquent Lease Payments. - The authority and the executive head of any agency, board,...

Section 41-10-475 - Presumption of Validity of Bonds and Publication of Notice Thereof. - Any resolution authorizing any bonds hereunder shall contain a recital...

Section 41-10-476 - Power to Make Payments and to Make Agreements Respecting Investment of Funds. - The authority shall have the power to make such payments...

Section 41-10-477 - Dissolution of Authority. - When all securities issued by the authority and all obligations...