Code of Alabama
Chapter 2A - Alabama International Airport Authority.
Section 4-2A-12 - Bonds May Be Issued Under and Secured by Indenture; Debt Service Reserve Fund.

REPEALED IN THE 2018 REGULAR SESSION BY ACT 2018-152 EFFECTIVE JUNE 1, 2018. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT.

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Structure Code of Alabama

Code of Alabama

Title 4 - Aviation.

Chapter 2A - Alabama International Airport Authority.

Section 4-2A-1 - Definitions.

Section 4-2A-2 - Formation of Corporation With Ten Individual Citizens; Selection of Citizens.

Section 4-2A-3 - Citizens to Present Application to Secretary of State.

Section 4-2A-4 - Public Corporation Formed Upon Filing and Recording of Application; Certificate of Incorporation; No Fees or Compensation to Secretary.

Section 4-2A-5 - Members of Authority; Terms of Appointment; Board of Directors; Quorum; Meetings; Proceedings of Board, Reimbursement; Impeachment; Officers; State Treasurer as Custodian of Funds.

Section 4-2A-6 - Powers of Authority.

Section 4-2A-7 - Acceptance, Expenditure, etc., of Federal, State, County, Municipal and Other Moneys.

Section 4-2A-8 - Powers of State or Any County, Municipality, etc., for Purpose of Aiding and Cooperating With Authority.

Section 4-2A-9 - Authority Authorized to Issue and Sell Bonds; Principal, Interest Payable From Specified Sources; Bonds to Be Obligations of Authority; Form, Terms, etc.; Redemption; Sale.

Section 4-2A-10 - Publication of Bond Notice; Specific Time After Publication in Which Actions and Defenses May Be Asserted Against Bonds.

Section 4-2A-11 - Signatures and Seal Affixed to Bonds.

Section 4-2A-12 - Bonds May Be Issued Under and Secured by Indenture; Debt Service Reserve Fund.

Section 4-2A-13 - Proceeds Derived From Sale of Bonds Used to Pay Specified Costs.

Section 4-2A-14 - Refunding Bonds.

Section 4-2A-15 - Bonds as Legal Investments for State, Public Officers, Public Corporations, Financial Institutions, Insurance Companies, Fiduciaries, Etc.

Section 4-2A-16 - Investment of Trust Fund in Bonds.

Section 4-2A-17 - Exemption From Taxation; Exceptions.

Section 4-2A-18 - Exemption From Laws From Which Certain Other Airport Authorities Are Exempt; Zoning Powers; Conditions on Annexation of Authority's Airports, Facilities, Etc.

Section 4-2A-19 - Sale, Distribution, Regulation, Control of Alcoholic Beverages; Issuance of Liquor Licenses.

Section 4-2A-20 - Participation by Authority Employees in State Employees' Retirement System.

Section 4-2A-21 - Disposal of Lost Money or Property Found on Authority Property.

Section 4-2A-22 - Regulation of Parking on Authority Property.

Section 4-2A-23 - Dissolution of Authority.