Code of Alabama
Title 16 - Education.
Chapter 65 - Alabama Higher Education Equipment Loan Authority.

Section 16-65-1 - Short Title. - This chapter may be cited as the "Alabama Higher Education...

Section 16-65-2 - Legislative Intent. - (a) It is the intent of the Legislature by passage...

Section 16-65-3 - Definitions. - The following terms shall have the following meanings, respectively: (1)...

Section 16-65-4 - Creation of Authority; Members, Organization, Etc. - There is hereby created a public body corporate and politic...

Section 16-65-5 - Powers of Authority. - The authority shall have all of the following powers: (1)...

Section 16-65-6 - Bonds Generally. - (a) Issuance of bonds. The authority is authorized and empowered...

Section 16-65-7 - Proceeds From the Sale of Bonds, Revenues, and Other Funds. - (a) After making adequate provision for the payment of the...

Section 16-65-8 - Dedicated Source of Revenue as Security for the Repayment of Equipment Loans. - In order to provide for the funding of an equipment...

Section 16-65-9 - Refunding Bonds. - Any bonds issued by the authority may from time to...

Section 16-65-10 - Investment in Bonds. - The State Treasurer may invest any idle or surplus moneys...

Section 16-65-11 - Exemptions From Taxation, Fees, and Costs. - The property and income of the authority, all bonds issued...

Section 16-65-12 - Venue and Jurisdiction. - The authority's legal situs or residence for the purpose of...

Section 16-65-13 - Interest of Bondholders Protected; Enforceability. - While any of the bonds issued by the authority remain...

Section 16-65-14 - Moneys Considered Trust Funds. - All moneys received by the authority pursuant to this chapter...