Code of Alabama
Chapter 2 - Alabama Corrections Institution Finance Authority.
Section 14-2-18 - Bonds - Security for Deposit of Governmental Funds.

Any bonds issued by the authority may be used by the holders thereof as security for deposits of any funds belonging to the state or to any instrumentality, agency or political subdivision of the state in any instance where security for such deposits may be required or permitted by law.

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Structure Code of Alabama

Code of Alabama

Title 14 - Criminal Correctional and Detention Facilities.

Chapter 2 - Alabama Corrections Institution Finance Authority.

Section 14-2-1 - Definitions.

Section 14-2-2 - Purpose of Chapter; Construction Thereof.

Section 14-2-3 - Incorporation by State Officials - Authority.

Section 14-2-4 - Incorporation by State Officials - Application.

Section 14-2-5 - Incorporation by State Officials - Certificate of Incorporation.

Section 14-2-6 - Members; Officers; Directors; Quorum; Vacancies; Salaries.

Section 14-2-7 - Resolutions and Proceedings of Board of Directors.

Section 14-2-8 - Powers - Generally.

Section 14-2-8.1 - This Section Was Assigned by the Code Commissioner in the 2021 Special Session, Effective October 1, 2021. This Is Not in the Current Code Supplement.

Section 14-2-9 - Powers - Eminent Domain.

Section 14-2-10 - Temporary Loans in Anticipation of Issuance of Bonds.

Section 14-2-11 - Execution of Bonds and Notes.

Section 14-2-12 - Bonds - Authorization.

Section 14-2-13 - Bonds - Sale and Issuance of Refunding Bonds.

Section 14-2-13.1 - Bonds - Limitations on Issuance of Refunding Bonds; Present Value of Debt Service; Average Maturity of Refunding Bonds.

Section 14-2-14 - Bonds - Specifications; Redemption; Precedence.

Section 14-2-15 - Bonds - Recital, Notice and Contest of Authorizing Resolution, Etc.

Section 14-2-16 - Bonds - Sale.

Section 14-2-16.1 - Bonds - Report to Legislature; Contents.

Section 14-2-17 - Bonds - Investment of Surplus in State Fund, etc., and Trust Funds.

Section 14-2-18 - Bonds - Security for Deposit of Governmental Funds.

Section 14-2-19 - Bonds - Disposition of Proceeds.

Section 14-2-20 - Bonds - Investment of Proceeds.

Section 14-2-21 - Bonds - Security.

Section 14-2-22 - Bonds - Enforcement Upon Default.

Section 14-2-23 - Bonds - Bonds and Coupons Deemed Negotiable Instruments.

Section 14-2-24 - Obligations, Bonds, and Notes Not Debt of State.

Section 14-2-25 - Conveyance of Property by State; Right to Possession Thereof; Consideration Therefor.

Section 14-2-26 - Kilby Property - Sale or Lease by Authority.

Section 14-2-27 - Kilby Property - Lease to United States Environmental Protection Agency.

Section 14-2-28 - Facilities - Construction.

Section 14-2-28.1 - Facilities - Determination on Provider of Telephone Service.

Section 14-2-29 - Facilities - Leasing - State or Agency Thereof.

Section 14-2-30 - Facilities - Leasing - County, Municipal Corporation, Agency of Federal Government, Etc.

Section 14-2-30.1 - This Section Was Assigned by the Code Commissioner in the 2021 Special Session, Effective October 1, 2021. This Is Not in the Current Code Supplement.

Section 14-2-31 - Special Funds.

Section 14-2-32 - Exemption From Taxation.

Section 14-2-33 - Venue for Actions.

Section 14-2-34 - Dissolution.

Section 14-2-35 - Fees of Secretary of State.

Section 14-2-36 - Exemption From Competitive Bid Laws.

Section 14-2-37 - Swap Agreements.

Section 14-2-38 - This Section Was Assigned by the Code Commissioner in the 2021 Special Session, Effective October 1, 2021. This Is Not in the Current Code Supplement.

Section 14-2-39 - This Section Was Assigned by the Code Commissioner in the 2021 Special Session, Effective October 1, 2021. This Is Not in the Current Code Supplement.

Section 14-2-40 - This Section Was Assigned by the Code Commissioner in the 2021 Special Session, Effective October 1, 2021. This Is Not in the Current Code Supplement.