Code of Alabama
Article 15 - Alabama State Parking Deck Authority.
Section 41-10-490 - Definitions.

For the purposes of this article, the following terms shall have the meanings respectively ascribed to them by this section:
(1) AUTHORITY. The public corporation organized pursuant to the provisions of this article.
(2) CODE. The Code of Alabama 1975, as amended.
(3) REFUNDING BONDS. Those refunding bonds issued under the provisions of Section 41-10-502.
(4) STATE. The State of Alabama.
(5) BONDS. Those bonds, including without limitation refunding bonds, issued under the provisions of this article.
(6) FACILITIES. A multi-storied vehicle parking and storage facility and appurtenanaces necessary or incidental to the operation of such facility, to be constructed and erected on, or attached to, that block of land bounded by the following streets: Pelham, Jackson, Washington, and South Ripley in the Capitol complex in the City of Montgomery, Alabama.
(7) PERMITTED INVESTMENTS. United States Securities, certificates of deposit fully secured by United States Securities and shall include investments in such obligations of the United States of America or its agencies under a repurchase agreement.
(8) UNITED STATES SECURITIES. Direct general obligations of the United States of America (including obligations of the state and local government series) and the obligations of any other agency corporation which has been or may hereafter be created by or pursuant to an act of the Congress of the United States as an agency or instrumentality thereof, the bonds, debentures, participation certificates or notes of which are unconditionally guaranteed by the United States of America.

Structure Code of Alabama

Code of Alabama

Title 41 - State Government.

Chapter 10 - Authorities.

Article 15 - Alabama State Parking Deck Authority.

Section 41-10-490 - Definitions.

Section 41-10-491 - Purpose of Article and Construction.

Section 41-10-492 - Authority as Public Corporation.

Section 41-10-493 - Application for Certificate of Incorporation.

Section 41-10-494 - Certificate of Incorporation.

Section 41-10-495 - Members; Directors; Quorum; Vacancies; Salaries; Officers.

Section 41-10-496 - Resolutions and Proceedings of Board of Directors.

Section 41-10-497 - Powers Generally.

Section 41-10-498 - Temporary Loans in Anticipation of Issuance of Bonds.

Section 41-10-499 - Execution of Bonds and Notes.

Section 41-10-500 - Bonds Authorization.

Section 41-10-501 - Sale and Issuance of Refunding Bonds.

Section 41-10-502 - Specifications and Priority of Bonds.

Section 41-10-503 - Sale of Bonds.

Section 41-10-504 - Bonds of Authority Eligible for Investment of Trust Funds.

Section 41-10-505 - Security for Deposit of Governmental Funds.

Section 41-10-506 - Disposition of Proceeds of Bonds.

Section 41-10-507 - Investment of Proceeds.

Section 41-10-508 - Security.

Section 41-10-509 - Enforcement Upon Default.

Section 41-10-510 - Bonds and Coupons Deemed Negotiable Instruments.

Section 41-10-511 - Obligations, Bonds and Notes Not Debt of State.

Section 41-10-512 - Conveyance of Land to Corporation; Conveyance of Improvements Back to State.

Section 41-10-513 - Facilities - Construction.

Section 41-10-514 - Leasing to State Agencies.

Section 41-10-515 - Leasing to County, Municipal Corporation, Agency of Federal Government, Etc.

Section 41-10-516 - Special Funds.

Section 41-10-517 - Exemption From Taxation.

Section 41-10-518 - Venue for Actions.

Section 41-10-519 - Fees of Secretary of State.

Section 41-10-520 - Interest on Bonds Exempt From Federal Income Tax.

Section 41-10-521 - Dissolution.

Section 41-10-522 - Exemption of Leases of Facilities From Competitive Bid Laws.

Section 41-10-523 - Exemption From Sunset Law.