Code of Alabama
Title 16 - Education.
Chapter 18B - Alabama Forensic Sciences Bond Authority.

Section 16-18B-1 - Legislative Findings. - The Legislature hereby finds and declares that it is necessary,...

Section 16-18B-2 - Definitions. - Where used in this article the following words and terms...

Section 16-18B-3 - Authorization and Procedure for Incorporations; Application. - The Governor, the Lieutenant Governor, the Speaker of the House...

Section 16-18B-4 - Certificate of Incorporation. - When the application has been made, filed and recorded, as...

Section 16-18B-5 - Members; Officers; Quorum; Vacancies; Salaries; Record of Proceedings. - The applicants named in the application and their respective successors...

Section 16-18B-6 - Powers of Authority. - The corporation shall have the following powers: (1) To have...

Section 16-18B-7 - Bonds - Issuance and Sale. - The bonds issued pursuant to this article shall not be...

Section 16-18B-8 - Bonds - Payment of Principal, Premium, and Interest; Records. - The State Treasurer is authorized and directed to pay the...

Section 16-18B-9 - Bonds - Redemption. - The bonds of each series issued pursuant to this article...

Section 16-18B-10 - Bonds - Execution; Facsimiles; Validity. - The bonds of each series thereof issued pursuant to this...

Section 16-18B-11 - Alabama Forensic Sciences Bond Fund. - The proceeds derived from the sale of each series of...

Section 16-18B-12 - Use of Proceeds From Bonds. - Upon order of the board of directors of the corporation,...

Section 16-18B-13 - Refunding Bonds. - Pursuant to the provisions of the aforesaid amendment and this...

Section 16-18B-14 - Exemption From Taxes; Use of Bonds as Security; Investment of Funds. - All bonds (including refunding bonds) issued pursuant hereto, and the...

Section 16-18B-15 - Contracts to Be in Writing. - All contracts for the acquisition, provision, construction, improvement, renovation, equipping...

Section 16-18B-16 - Appropriation and Allocation of Funds. - There is hereby appropriated so much of the bond proceeds...

Section 16-18B-17 - Dissolution of Corporation. - At any time when no bonds of the corporation are...

Section 16-18B-18 - Diversity of Corporation. - The Alabama Forensic Sciences Bond Authority shall, to the extent...

Section 16-18B-19 - Exemption From Federal Income Taxation. - The corporation on behalf of the state shall have the...