Revenue Bonds for Waterworks, Gas, Sewer or Electric Systems.

  1. Law
  2. Code of Alabama
  3. Counties and Municipal Corporations.
  4. Provisions Applicable to Counties and Municipal Corporations.
  5. Municipal and County Bonds.
  6. Revenue Bonds for Waterworks, Gas, Sewer or Electric Systems.

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Section
11-81-160

Definitions.

Section
11-81-161

Acquisition, Extension, Repair, Consolidation, etc., of Waterworks, Sewer, Gas or Electric Systems by Counties or Municipalities Authorized.

Section
11-81-162

Estimate of Cost of Acquisition, Extension, Repair, Consolidation, Etc.

Section
11-81-163

Adoption, Amendment, Recordation, etc., of Ordinances or Resolutions for Issuance of Bonds, Segregation of Revenues, Etc.

Section
11-81-164

Notice of Adoption of Authorization Proceedings for Issuance of Bonds; Limitation Period for Actions to Set Aside Authorization Proceedings, Restrain Issuance of Bonds, Etc.

Section
11-81-165

Borrowing in Anticipation of Sale and Issuance of Bonds Authorized; Procedure Therefor.

Section
11-81-166

Revenue Bonds - Authority for Issuance; Authorization Proceedings Generally; Form, Terms, Denominations, etc.; Execution and Delivery Generally; Maturity and Sale; Payment Generally; Trust Indentures.

Section
11-81-167

Revenue Bonds - Execution and Delivery.

Section
11-81-168

Revenue Bonds - Negotiability.

Section
11-81-169

Revenue Bonds - Disposition of Proceeds From Sale - Generally.

Section
11-81-170

Revenue Bonds - Disposition of Proceeds From Sale - Proceeds to Be Used Only for Purposes for Which Bonds Authorized; Excess Proceeds.

Section
11-81-171

Revenue Bonds - Redemption.

Section
11-81-172

Revenue Bonds - Exemption From Taxation.

Section
11-81-172.1

Revenue Bonds - Issuance of Bonds for Refunding of Principal of General or Limited Obligation Warrants, Etc.

Section
11-81-173

Issuance of Additional Bonds; Payment of Same.

Section
11-81-174

Refunding Bonds.

Section
11-81-175

Applicability of Limitations, etc., in Certain Other Provisions of Chapter as to Bonds Generally.

Section
11-81-176

Elections and Publication of Ordinances, Resolutions, etc., Not Required for Issuance and Sale of Bonds.

Section
11-81-177

Investment in Bonds by Executors, Trustees, Savings Banks, Etc.

Section
11-81-178

Statutory Mortgage Lien of Bondholders - Creation Generally; Filing, Recordation, etc., of Notice Thereof.

Section
11-81-179

Statutory Mortgage Lien of Bondholders - Duration; Enforcement.

Section
11-81-180

Appointment of Receiver Upon Default in Payment of Principal and Interest on Bonds; Powers of Receiver.

Section
11-81-181

Pledge of Revenues From Systems for Payment of Principal and Interest on Bonds; Disposition of Gross Revenues From Operation of System Generally.

Section
11-81-182

Payment of Expenses of Operation or Maintenance of System Out of General Funds.

Section
11-81-183

Designation of Depository; Disposition and Disbursement of Gross Revenue Account and Special Funds by Depository.

Section
11-81-184

Establishment, etc., of Rates for Services Furnished by System.

Section
11-81-185

Rates Not Subject to State Supervision or Regulation; Supervision, etc., of Operation, etc., of Sewer Systems by State Board of Health.

Section
11-81-186

Payment by Counties, Municipalities, etc., for Services Furnished by System.

Section
11-81-187

Determination as to Operation of System Upon Calendar, Operating or Fiscal Year Basis, Etc.

Section
11-81-188

Maintenance of Books of Record and Accounts, Balance Sheets, etc., as to Properties, Financial Condition, etc., of System; Inspection and Examination of Same.

Section
11-81-189

Impairment, etc., of Valid Liens or Contracts Not Authorized by Article.

Section
11-81-190

Construction of Article.