Code of Alabama
Chapter 16 - Alabama Public School and College Authority.
Section 16-16-1 - Definitions.

For the purposes of this chapter, the following words and phrases shall have the following respective meanings:
(1) THE AUTHORITY. The public corporation organized pursuant to the provisions of this chapter.
(2) BONDS. The bonds issued under the provisions of this chapter.
(3) STATE. The State of Alabama.
Pronouns when used in this chapter shall include all applicable genders.

Structure Code of Alabama

Code of Alabama

Title 16 - Education.

Chapter 16 - Alabama Public School and College Authority.

Section 16-16-1 - Definitions.

Section 16-16-2 - Legislative Findings of Fact and Declaration of Intent; Liberal Construction of Chapter.

Section 16-16-3 - Incorporation Authorized.

Section 16-16-4 - Application for Incorporation.

Section 16-16-5 - Issuance and Recording of Certificate of Incorporation; No Fees to Be Paid.

Section 16-16-6 - Members, Officers and Directors; Quorum for Transacting Business; Effect of Death, Resignation or Expiration of Term; Salary; Record of Proceedings; Copies of Proceedings as Evidence.

Section 16-16-7 - Powers Generally.

Section 16-16-8 - Authority Empowered to Sell and Issue Bonds for Construction, etc., of Facilities for Public Educational Purposes; Procedure for Letting Contracts.

Section 16-16-9 - Execution, Form, Terms and Conditions of Bonds; Sale; Refunding Bonds; Bonds to Be Limited Obligations; Security for Payment; Bonds as Negotiable Instruments; Exemption From Taxation; Bonds as Security for Deposits and for Investmen...

Section 16-16-10 - Disposition of Proceeds of Bonds.

Section 16-16-11 - Pledge of Revenues for Payment of Bonds.

Section 16-16-12 - Payment of Principal and Interest on Bonds.

Section 16-16-13 - Dissolution of Authority.

Section 16-16-14 - Use of Bond Proceeds for Loans to Local Boards of Education.

Section 16-16-14.1 - Sale of Bonds and Other Details of Bonds.

Section 16-16-14.2 - Legislative Intent.

Section 16-16-15 - Incentive Fund and Council.

Section 16-16-16 - Racial and Ethnic Diversity.

Section 16-16-17 - Swap Agreements.