2017 Code of Alabama
Title 16 - EDUCATION.
Chapter 16 - ALABAMA PUBLIC SCHOOL AND COLLEGE AUTHORITY.
- Section 16-16-1 - Definitions.
- Section 16-16-2 - Legislative findings of fact and declaration of intent; liberal construction of chapter.
- Section 16-16-3 - Incorporation authorized.
- Section 16-16-4 - Application for incorporation.
- Section 16-16-5 - Issuance and recording of certificate of incorporation; no fees to be paid.
- Section 16-16-6 - Members, officers and directors; quorum for transacting business; effect of death, resignation or expiration of term; salary; record of proceedings; copies of proceedings as evidence.
- Section 16-16-7 - Powers generally.
- Section 16-16-8 - Authority empowered to sell and issue bonds for construction, etc., of facilities for public educational purposes; procedure for letting contracts.
- Section 16-16-9 - Execution, form, terms and conditions of bonds; sale; refunding bonds; bonds to be limited obligations; security for payment; bonds as negotiable instruments; exemption from taxation; bonds as security for deposits and for investment of fiduciary funds.
- Section 16-16-10 - Disposition of proceeds of bonds.
- Section 16-16-11 - Pledge of revenues for payment of bonds.
- Section 16-16-12 - Payment of principal and interest on bonds.
- Section 16-16-13 - Dissolution of authority.
- Section 16-16-14 - Use of bond proceeds for loans to local boards of education.
- Section 16-16-14.1 - Sale of bonds and other details of bonds.
- Section 16-16-14.2 - Legislative intent.
- Section 16-16-15 - Incentive fund and council.
- Section 16-16-16 - Racial and ethnic diversity.
- Section 16-16-17 - Swap agreements.
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