Code of Alabama
Article 9 - Alabama Judicial Building Authority.
Section 41-10-269 - Execution of Bonds.

All bonds of the authority shall be signed by its chairman or vice chairman, and the seal of the authority shall be affixed thereto and attested by its secretary or assistant secretary. The signatures of the chairman, vice chairman, secretary and assistant secretary may be facsimile signatures and a facsimile of the seal of the authority may be imprinted on the bonds if the board of directors, in its proceedings with respect to issuance of such bonds, provides for manual authentication of such bonds by a trustee or paying agent or by named individuals who are employees of the state and who are assigned to the Department of Finance or office of the State Treasurer. 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 such bonds.

Structure Code of Alabama

Code of Alabama

Title 41 - State Government.

Chapter 10 - Authorities.

Article 9 - Alabama Judicial Building Authority.

Section 41-10-260 - Definitions.

Section 41-10-261 - Legislative Intent; Liberal Construction.

Section 41-10-262 - Authority to Incorporate.

Section 41-10-263 - Procedure for Incorporation.

Section 41-10-264 - Certificate of Incorporation; No Fees for Incorporation or Dissolution.

Section 41-10-265 - Members, Directors and Officers of Authority; Quorum; Vacancies; No Additional Salary for Service to Authority; Effect of Resolutions; Record of Proceedings; Establishment of Legislative Oversight Committee.

Section 41-10-266 - Meetings of Board of Directors.

Section 41-10-267 - Powers of Authority.

Section 41-10-268 - Authorization, Issuance and Sale of Bonds.

Section 41-10-268.1 - Issuance of Bonds - 2007 Authorization.

Section 41-10-269 - Execution of Bonds.

Section 41-10-270 - Use of Proceeds From Sale of Bonds.

Section 41-10-271 - Acquisition, Construction, etc., of Judicial Facilities; Award of Contract; Payments Under Contract; Building Commission Expenses; Revision of Plans.

Section 41-10-272 - Creation of Fund for Payment of Bonds.

Section 41-10-273 - Security for Bonds; Collection and Application of Revenues Pledged to Payment of Bonds; Terms of Leases of Judicial Facilities; Maintenance and Insurance of Judicial Facilities; Reserve and Other Funds; Rights of Holders of Bonds...

Section 41-10-274 - State Treasurer to Disburse Funds for Payment of Bonds.

Section 41-10-275 - Terms and Conditions of Leasing by Authority.

Section 41-10-276 - Investment of Proceeds From Sale of Bonds; Disposition of Investment Income.

Section 41-10-277 - Refunding Bonds.

Section 41-10-278 - Presumption of Validity of Bonds and Publication of Notice Thereof; Civil Action Challenging Validity.

Section 41-10-279 - Exemption From Taxation.

Section 41-10-280 - Bonds Constitute Negotiable Instruments; Registration of Transfers.

Section 41-10-281 - Obligations Not Debt of State.

Section 41-10-282 - Bonds Are Lawful Security for State Deposits; Investment of State, Retirement, and Other Fiduciary Funds in Bonds of Authority.

Section 41-10-283 - Earnings of Authority.

Section 41-10-284 - Dissolution of Authority.