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Ala. Code § 23-7 et seq. – Alabama Transportation Infrastructure Bank Act | Midpage
Collections
Code of Alabama
Title 23
Chapter 7
Ala. Code § 23-7 et seq.
Alabama Transportation Infrastructure Bank Act
23-7-1
Short Title.
23-7-2
Definitions.
23-7-3
Creation; Purpose; Accounts.
23-7-4
Board of Directors.
23-7-5
Powers and Functions.
23-7-6
Funding; Pledge of Revenues.
23-7-7
Administration and Operations of Bank.
23-7-8
Loans and Financial Assistance; Eligible and Qualified Projects.
23-7-9
Financing Agreements; Other Authorized Financing; Security Interests.
23-7-10
Essential Governmental Function of Bank; Taxation.
23-7-11
Failure to Collect or Remit Funds Due; Withholding of Funds.
23-7-12
Liability Under Chapter.
23-7-13
Notice, Publication, Etc., Referenda.
23-7-14
Investment of Funds.
23-7-15
Annual Report; Audit.
23-7-16
Construction of Chapter.
23-7-17
Bonds Authorized.
23-7-18
Liability for Bonds.
23-7-19
Requirements for Bonds.
23-7-20
Securing of Bonds - Trust Indenture.
23-7-21
Securing of Bonds - Pledge.
23-7-22
Purchase of Outstanding Bonds.
23-7-23
Form and Execution of Bonds.
23-7-24
Validity of Signatures on Bonds.
23-7-25
Limitation on Amendments.
23-7-26
Taxation of Bonds and Income.
23-7-27
Construction and Use of Bonds.
23-7-28
Performance of Contracts by Legal Residents of Alabama.
23-7-29
Other Financial Assistance Authorized.
23-7-30
Net Earnings of Bank Not to Inure to Benefit of Any Individual, Firm, or Corporation.
23-7-31
Dissolution of Bank.