Alabama Code (Last Updated: November 28, 2014) |
Title11 COUNTIES AND MUNICIPAL CORPORATIONS. |
Title2 PROVISIONS APPLICABLE TO MUNICIPAL CORPORATIONS ONLY. |
Chapter50A. MUNICIPAL ELECTRIC AUTHORITY. |
§ 11-50A-1. Definitions. |
§ 11-50A-2. Legislative intent. |
§ 11-50A-3. Purpose of authority. |
§ 11-50A-4. Application for incorporation. |
§ 11-50A-5. Issuance and recording of certificate of incorporation; no fees to be paid. |
§ 11-50A-7. Tax exemptions; payments in lieu of taxes. |
§ 11-50A-8. Powers of the authority. |
§ 11-50A-9. Issuance of bonds; prerequisites; procedure; provisions; execution; bond resolution covenants. |
§ 11-50A-10. Validation of bonds. |
§ 11-50A-11. Validation of contracts. |
§ 11-50A-12. Bond provisions; destroyed bonds; interest; cancellation; paying agents. |
§ 11-50A-13. Immunity from liability; credit not pledged. |
§ 11-50A-14. Right to receivership upon default. |
§ 11-50A-15. Negotiability of bonds. |
§ 11-50A-16. Bonds as legal investments. |
§ 11-50A-17. Contracts for use of projects; purchase of electric power; payment of charges; indemnity; enforcement of performance. |
§ 11-50A-18. Revenues of authority; rates; assignment to trustee; use of revenues. |
§ 11-50A-19. Pledge of revenues. |
§ 11-50A-20. Trust agreement. |
§ 11-50A-21. Proceeds of bonds. |
§ 11-50A-22. Issuance of bond anticipation notes and notes. |
§ 11-50A-23. Trust funds. |
§ 11-50A-24. Jurisdiction of actions. |
§ 11-50A-25. Public Service Commission review and regulation. |
§ 11-50A-26. Provisions of resolution, agreement, chapter, etc., as irrevocable contract with holders of bonds, notes, etc. |
§ 11-50A-27. Dissolution of authority. |
§ 11-50A-28. Exemption from Alabama Sunset Law. |
§ 11-50A-29. Exemption from competitive bid laws. |
§ 11-50A-30. Construction. |
§ 11-50A-31. Effectiveness of pledges and security interests. |
§ 11-50A-32. Powers declared supplementary. |
§ 11-50A-33. Severability. |