Any city which has power to issue bonds to refund the principal of its unmatured bonds under this chapter, may, in the discretion of the city council or board of commissioners or other governing body of such city, cause such bonds to be executed and issued to and placed in a sinking fund established pursuant to Sections 11-81-22 through 11-81-25.
Structure Code of Alabama
Title 11 - Counties and Municipal Corporations.
Title 3 - Provisions Applicable to Counties and Municipal Corporations.
Chapter 81 - Municipal and County Bonds.
Article 1 - General Provisions.
Section 11-81-3 - Issuance of Refunding or Funding Bonds as to Adjustment, etc., of Indebtedness.
Section 11-81-5 - Places of Payment.
Section 11-81-6 - Maturity and Payment - Generally.
Section 11-81-7 - Maturity and Payment - Bonds Issued and Sold in Series.
Section 11-81-9 - Form; Appointment of Registrar and Provision for Registration and Transfer.
Section 11-81-10 - Sale Price.
Section 11-81-12 - Determination of Highest Bidder.
Section 11-81-13 - Disposition of Proceeds From Sale.
Section 11-81-17 - Pledge of Revenues From Waterworks System to Secure Payment of Bonds.
Section 11-81-20 - Investment of Funds Received to Credit of Sinking Fund.
Section 11-81-21 - Investment of Funds Obligation in Which Sinking Funds May Be Invested.
Section 11-81-22 - Sinking Fund Bonds - Issuance, Etc.
Section 11-81-23 - Sinking Fund Bonds - Designation; Maturity and Interest; Disposition.
Section 11-81-25 - Sinking Fund Bonds - Powers of Trustee of Sinking Fund.
Section 11-81-26 - Mandamus Proceedings.
Section 11-81-27 - Mortgages of Public Property for Payment of Debts.
Section 11-81-28 - Issuance, Sale, etc., of Negotiable Notes in Anticipation of Sale of Bonds.
Section 11-81-29 - Bonds and Interest Coupons Exempt From Taxation.
Section 11-81-31 - Ratification of Certain Irregular Elections for Issuance of Bonds.
Section 11-81-32 - Issuance of Duplicates for Lost, Mutilated or Destroyed Bonds.