Code of Alabama
Article 15 - Alabama State Parking Deck Authority.
Section 41-10-510 - Bonds and Coupons Deemed Negotiable Instruments.

All bonds issued by the authority shall be construed to be negotiable instruments even though they are payable from a limited source. All coupons applicable to any bonds issued by the authority shall likewise be construed to be negotiable instruments although payable from a limited source.

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.