All provisions of this article pertaining to bonds issued under this article that are not inconsistent with the provisions of this section shall, to the extent applicable, also apply to the refunding bonds issued hereunder. The principal proceeds from the sale of any bonds issued hereunder, when not needed for the purposes for which such bonds were issued, and any other moneys received hereunder, when not needed for the purposes for which such moneys may be used, may at the discretion of the director, with the approval of the Governor, be invested in direct general obligations of the United States of America and the earnings on any investment so made shall be used in the same manner that the moneys so invested are herein provided to be used.
Structure Code of Alabama
Title 33 - Navigation and Watercourses.
Chapter 2 - Development of Docks and Other Facilities Along Inland Waterways.
Article 4 - 1963 Provisions for Facilities Along Inland Waterways.
Section 33-2-90 - Definitions.
Section 33-2-91 - Dock Facilities at Additional Cost of $2,000,000.00 Authorized.
Section 33-2-92 - Authorized Cost Additional; Total Cost to State.
Section 33-2-94 - Authority, etc., of Department Under Article Cumulative.
Section 33-2-95 - How Property and Rights-of-Way May Be Acquired; Eminent Domain Proceedings.
Section 33-2-96 - Department May Contract Current Indebtedness.
Section 33-2-97 - General Provisions Relative to Additional Inland Waterways Improvement Bonds.
Section 33-2-98 - Requirements for Sale of Bonds.
Section 33-2-99 - Disposition of Proceeds From Sale of Bonds.
Section 33-2-100 - Appropriation for Payment of Principal and Interest on Bonds.
Section 33-2-101 - Application of Revenues From Inland Waterways Facilities.
Section 33-2-103 - Separate Records as to Each Unit of Development.
Section 33-2-104 - Use of Surplus Revenues of Port of Mobile Facilities to Pay Operating Deficit.
Section 33-2-105 - Rates and Charges for Use of Facilities.
Section 33-2-106 - Revocation or Cancellation of Licenses to Occupy State Property.