Code of Alabama
Article 1 - General Provisions.
Section 11-81-5 - Places of Payment.

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 11-81-1 - Execution of Mortgages to Secure Bonds and Indebtedness Incurred in Purchase, Construction, Extension, etc., of School Buildings or Waterworks, Gas, Light, etc., Plants.

Section 11-81-2 - Execution of Mortgages or Deeds of Trust Upon Property Acquired, etc., With Proceeds of Bond Issues; Recordation of Same.

Section 11-81-3 - Issuance of Refunding or Funding Bonds as to Adjustment, etc., of Indebtedness.

Section 11-81-4 - Issuance of Refunding Interest-Bearing Certificates of Indebtedness, Warrants or Notes by Municipalities; Pledge of Tax, Revenues, etc., for Payment of Principal and Interest on Same.

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 11-81-8 - Estimate as to Period of Usefulness of Improvement or Property for Which Bonds Issued.

Section 11-81-9 - Form; Appointment of Registrar and Provision for Registration and Transfer.

Section 11-81-10 - Sale Price.

Section 11-81-11 - Sale.

Section 11-81-12 - Determination of Highest Bidder.

Section 11-81-13 - Disposition of Proceeds From Sale.

Section 11-81-14 - Presumption as to Validity of Issuance, Sale, etc.; Limitation Period for Actions to Contest Validity Thereof.

Section 11-81-15 - Levy, Collection and Disposition of Special Tax for Payment of Principal and Interest on Bonds and Sinking Fund Payments.

Section 11-81-16 - Pledge of Revenues From Certain Taxes, Utilities, etc., for Payment of Principal and Interest on Bonds.

Section 11-81-17 - Pledge of Revenues From Waterworks System to Secure Payment of Bonds.

Section 11-81-18 - Pledge of Revenues From License, Privilege, or Excise Taxes for Payment of Principal and Interest on Bonds.

Section 11-81-19 - Investment of Sinking Funds Generally; Reports as to Investment or Deposit of Sinking Funds; Contracts for Purchase of Savings Certificates.

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 11-81-24 - Sinking Fund Bonds - Creation of Sinking Fund; Employment and Duties of Trustee of Sinking Fund.

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 11-81-30 - Irregularities in Proceedings for Issuance, etc., Not to Affect Validity of Bonds; Properties, etc., of Bonds.

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.

Section 11-81-33 - Execution of Bonds, etc., With Engraved or Otherwise Reproduced Facsimile of Signature, Seal or Other Means of Authentication, Etc.