Code of Alabama
Title 1 - Health and Environmental Control Generally.
Chapter 3A - Alabama Public Health Finance Authority.

Section 22-3A-1 - Legislative Findings and Declarations. - The Legislature hereby finds and declares that it is necessary,...

Section 22-3A-2 - Definitions. - The following words and phrases used in this chapter, unless...

Section 22-3A-3 - Creation of Corporation; Members. - The State Health Officer, the Governor or his designee, the...

Section 22-3A-4 - Application. - To become a corporation, the State Health Officer, the Governor...

Section 22-3A-5 - Certificate of Incorporation. - When the application has been made, filed, and recorded as...

Section 22-3A-6 - Members; Officers; Terms; Records; Meetings; Appointment of Governor's Designee. - (a) The applicants named in the application and their respective...

Section 22-3A-7 - Powers of Authority. - The authority shall have the following powers among others specified...

Section 22-3A-8 - Issuance of Bonds. - For the purposes of acquiring, constructing, installing and equipping public...

Section 22-3A-9 - Form of Bonds; Redemption Option. - The bonds, which may be issued in one or more...

Section 22-3A-10 - Authentication of Bonds. - The bonds shall be signed by the president of the...

Section 22-3A-11 - Sale of Bonds. - Bonds of the authority (including refunding bonds) may be sold...

Section 22-3A-12 - Nature of Bonds. - The bonds shall not be general obligations of the authority...

Section 22-3A-13 - Tax Exemption; Use of Bonds as Security; Investment in Bonds. - The bonds and the income therefrom shall be exempt from...

Section 22-3A-14 - Refunding Bonds. - (a) Any bonds issued by the authority under this chapter...

Section 22-3A-15 - Disposition of Proceeds of Bonds; Public Health Facilities Building Fund; Powers of Authority; Improvement and Construction Defined; Supervision; Bidding. - (a) The proceeds of the bonds, other than refunding bonds,...

Section 22-3A-16 - Appropriation Made; Debt Service Reserve Fund Established. - (a) For the purpose of providing funds to enable the...

Section 22-3A-17 - Obligations, etc., as Obligations of Authority and Not State. - All contracts made, obligations incurred and bonds issued by the...

Section 22-3A-18 - Investment of Proceeds From Bond Sale; When Authorized; Application of Income. - Prior to the completion of all public health facilities described...

Section 22-3A-19 - Certain Public Health Facilities as Primary Obligation of Authority; Reimbursement to Counties; Refinancing or Refunding of Obligations. - (a) As its primary obligation under this chapter, the authority...

Section 22-3A-20 - Authority as Nonprofit Corporation. - The authority shall be a nonprofit corporation, and no part...

Section 22-3A-21 - Dissolution of Authority. - When all bonds issued by the authority and all obligations...

Section 22-3A-22 - Payment by State Treasurer Authorized; Records. - Out of the revenues appropriated and pledged in or pursuant...

Section 22-3A-23 - Approval of Allocations Other Than Those in Section 22-3a- 19(a) to Be Unanimous. - Notwithstanding any provisions of this chapter, no allocations from any...

Section 22-3A-24 - Payments and Investment Agreements to Ensure Federal Tax Exemption. - The authority shall have the power to make such payments...