Code of Alabama
Article 1 - General Provisions.
Section 4-3-16 - Execution and Delivery of Bonds.

All bonds shall be signed by the chairman or vice-chairman and the secretary or treasurer of the authority and the seal of the authority shall be affixed thereto; provided, that a facsimile of the signature of one, but not both, of the officers whose signatures will appear on the bonds may be imprinted or otherwise reproduced thereon in lieu of his manually signing the same; provided further, that a facsimile of the seal of the authority may be imprinted or otherwise reproduced on the bonds in lieu of being manually affixed thereto. Coupons shall be signed by the chairman or vice-chairman and the secretary or treasurer of the authority, but a facsimile of the signature of such chairman or vice-chairman and such secretary or treasurer may be impressed or otherwise reproduced on any such interest coupons in lieu of their manually signing the same. Delivery of bonds so executed shall be valid notwithstanding any changes in officers or in the seal of the authority after the signing and sealing of the bonds.

Structure Code of Alabama

Code of Alabama

Title 4 - Aviation.

Chapter 3 - Airport Authorities.

Article 1 - General Provisions.

Section 4-3-1 - Definitions.

Section 4-3-2 - Procedure for Incorporation.

Section 4-3-3 - Contents of Certificate of Incorporation.

Section 4-3-4 - Execution and Recordation of Certificate of Incorporation.

Section 4-3-5 - Board of Directors of Authority.

Section 4-3-6 - Officers of Authority.

Section 4-3-7 - Immunity of Authority and Directors From Liability for Negligence.

Section 4-3-8 - Exemption of Bonds, Property and Income of Authority From Taxation; Concessionaires, Tenants, etc., Subject to State and Local Taxation.

Section 4-3-9 - Tax or License for Use of Public Streets, etc., Leading to or From Airport, etc., Prohibited.

Section 4-3-10 - Exemption From State Contracting, Purchasing and Zoning Restrictions; Zoning Powers.

Section 4-3-11 - Powers of Authority Generally.

Section 4-3-12 - Federal and State Aid.

Section 4-3-13 - Assistance and Cooperation by Counties, Municipalities, Etc.

Section 4-3-14 - Issuance and Sale of Bonds by Authority; Form, Denominations, Terms, etc., of Bonds.

Section 4-3-15 - Publication of Notice of Bond Resolution; Limitation Period for Proceedings to Challenge Validity of Bonds, Proceedings for Issuance, Etc.

Section 4-3-16 - Execution and Delivery of Bonds.

Section 4-3-17 - Security for Bonds.

Section 4-3-18 - Use of Proceeds From Sale of Bonds.

Section 4-3-19 - Refunding Bonds.

Section 4-3-20 - Investment of County, Municipal, etc., Funds in Bonds.

Section 4-3-21 - Eligibility of Bonds as Investments for Trusts, Savings Banks, Insurance Companies, Etc.

Section 4-3-22 - Procedure for Dissolution of Authority.

Section 4-3-23 - Certain Contracts or Legal Actions Validated.

Section 4-3-24 - Provisions of Article Cumulative.