Article

Southern Products Mart Authority

Ala. Code § 41-10-50— Short Title.
Ala. Code § 41-10-51— Definitions.
Ala. Code § 41-10-52— Purpose of Article; Construction of Article.
Ala. Code § 41-10-53— Authority and Procedure for Incorporation of Authority; Members, Officers and Directors of Authority; Reduction to Writing, Recordation and Admissibility in Evidence of Proceedings of Board of Directors.
Ala. Code § 41-10-54— Powers of Authority Generally; Acquisition by Eminent Domain of Real Property or Rights Owned by Railroads or Utilities Not Authorized.
Ala. Code § 41-10-55— Issuance and Sale of Bonds Authorized Generally; Form, Terms, Denominations, Etc., Thereof; Bonds to Be Deemed Negotiable Instruments; Redemption.
Ala. Code § 41-10-56— Resolution Authorizing Issuance of Bonds to Contain Recital as to Authority for Issuance; Notice of Passage of Resolution; Limitation Period and Venue for Actions to Contest Validity of Resolutions, Bonds, Etc.
Ala. Code § 41-10-57— Execution and Delivery of Bonds and Interest Coupons.
Ala. Code § 41-10-58— Sale of Bonds; Public Hearing or Consent of Department of Finance, Etc., Not a Prerequisite to Issuance of Bonds.
Ala. Code § 41-10-59— Refunding Bonds.
Ala. Code § 41-10-60— Disposition of Proceeds from Sale of Bonds and Refunding Bonds.
Ala. Code § 41-10-61— Exemption from Taxation of Bonds, Properties, Income, Etc., of Authority; Use of Bonds as Security for Deposits of State Funds; Investment of Trust Funds in Bonds.
Ala. Code § 41-10-62— Liability Upon Bonds, Debts, Agreements, Etc., of Authority.
Ala. Code § 41-10-63— Authority and Procedure for Pledge of Revenues of Authority and Creation of Statutory Lien Upon Facilities and Properties Thereof for Payment of Principal and Interest on Bonds; Remedies Upon Default in Payment of Principal or Interest on Bonds.
Ala. Code § 41-10-64— Special and Continuing Trust Fund for Payment of Principal and Interest on Bonds of Authority and Maintenance, Etc., of Facilities Thereof.
Ala. Code § 41-10-65— Payment of Principal and Interest on Bonds and Maintenance of Records Pertaining Thereto by State Treasurer.
Ala. Code § 41-10-66— Annual Audit of Books and Accounts of Authority; Disposition of Reports Thereof.
Ala. Code § 41-10-67— Awarding, Etc., of Contracts for Construction of Facilities, Buildings and Structures; Supervision, Etc., of Construction; Payments to Contractors; Agreement of Authority and Division of Construction Management of the Department of Finance as to Construction Cost Estimate.
Ala. Code § 41-10-68— Leasing of Buildings, Facilities and Structures.
Ala. Code § 41-10-69— Conveyance of Lands, Buildings, Properties, Etc., of Authority to State Upon Payment in Full of Bonds, Etc.; Dissolution of Authority.