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Section 22-23B-1 - Legislative Findings. - The Legislature hereby finds and declares that the following facts...
Section 22-23B-2 - Definitions. - The following words and phrases, whenever used in this chapter,...
Section 22-23B-3 - Revolving Loan Fund Established; Maintenance; Administration. - There is hereby established the State of Alabama Drinking Water...
Section 22-23B-4 - Alabama Drinking Water Finance Authority. - The Governor, the Lieutenant Governor, the Speaker of the House...
Section 22-23B-5 - Alabama Drinking Water Finance Authority - Incorporation. - (a) To become a corporation, the Governor, the Lieutenant Governor,...
Section 22-23B-6 - Alabama Drinking Water Finance Authority - Powers. - (a) The authority shall have the following powers, among others...
Section 22-23B-7 - Purpose; Issuing, Selling and Refunding of Bonds. - For the purpose of providing funds for the authority to...
Section 22-23B-8 - Funding of a Loan. - (a) In order to provide for the funding of a...
Section 22-23B-9 - Signature; Seal. - The bonds of the authority shall be signed by its...
Section 22-23B-10 - Usury Exemption. - All notes, bonds or other securities issued by the authority...
Section 22-23B-11 - Taxation Exemption. - All bonds at any time issued by the authority and...
Section 22-23B-12 - Capitalization Grant Agreements, Operating Agreements, Etc. - The department is hereby authorized to enter into capitalization grant...
Section 22-23B-13 - Legislative Intent. - This chapter is intended to aid the state through the...
Section 22-23B-14 - Construction. - This chapter is remedial in nature and shall be liberally...