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