Chapter
Sale and Issuance of Bonds by Public Corporations Operating Water Systems
- Ala. Code § 11-89B-1— Public Corporation Given Power to Sell and Issue Bonds, to Pledge for Payment Proceeds, Revenues, Etc., and to Issue Bonds or Notes for Temporary Borrowing.
- Ala. Code § 11-89B-2— Form, Terms, Denominations, Etc. of Bonds; Execution and Delivery; Interest; Sale; Issuance of Refunding Bonds; Liability on Bonds; Source of Payment; Use of Proceeds; Mortgage, Deed of Trust, Etc., Containing Certain Agreements.
- Ala. Code § 11-89B-3— Contracts as Security for Payment of Principal and Interest on Bonds.
- Ala. Code § 11-89B-4— Resolution of Board of Directors, Etc., or Trust Indenture Containing Provisions Creating Statutory Mortgage Lien.
- Ala. Code § 11-89B-5— Use of Moneys Derived from Sale of Bonds.
- Ala. Code § 11-89B-6— Investment of Bond Proceeds.
- Ala. Code § 11-89B-7— Law Not to Repeal Existing Law; Construction.