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Alabama Code 33-10-24 - Issuance of bonds

Alabama Code > Title 33 > Chapter 10 > § 33-10-24 - Issuance of bonds


Current as of: 2010

The commission is granted the power to incur debt and issue bonds by any of the means authorized by the Constitution and laws of the State of Alabama. Any revenue-producing wharf, dock, warehouse, elevator, industrial facility or other structure owned by or to be acquired by the commission from proceeds of bonds issued by it is hereby declared to be a revenue-producing public utility as that term is used and defined by the Constitution and laws of the state in connection with the issuance of revenue bonds of political subdivisions of the state. As an additional grant of authority beyond other provisions of the Constitution, the commission is authorized to issue negotiable bonds for any purpose within their delegated authority, and to pledge for the payment of the principal and interest of such negotiable bonds the income and revenues derived or to be derived from the properties and facilities maintained and operated by them or received by the commission from other sources. Such negotiable bonds may be further secured by a conventional mortgage upon any or all of the property constructed or acquired, or to be constructed or acquired by them. To further secure such negotiable bonds the commission may apply in whole or in part any money received by gift, grant, donation or otherwise from the United States, the State of Alabama, or any political subdivision thereof, unless otherwise provided by terms of the gift, devise, donation or similar grant.

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Questions & Answers: Harbors and Ports

This is actually 33 USC 902. ...

Alabama Laws: Harbors and Ports

Alabama Code > Title 33 > Chapter 1 - General Provisions Relative To Harbors And Ports And State Docks Department
Alabama Code > Title 33 > Chapter 3 - Harbor Masters
Alabama Code > Title 33 > Chapter 9 - Ameraport Deep Draft Harbor And Terminal Compact
Alabama Code > Title 33 > Chapter 10 - Ameraport Offshore Harbor And Terminal Commission
Alabama Code > Title 33 > Chapter 13 - Alabama Port Authority

U.S. Code Provisions: Harbors and Ports

U.S. Code > Title 6 > Chapter 3 - Security And Accountability For Every Port
U.S. Code Title 46 > Subtitle VII > Chapter 701 - Port Security
U.S. Code > Title 33 > Chapter 3 - Navigation Rules For Harbors, Rivers, And Inland Waters Generally
U.S. Code Title 33 > Chapter 9 > Subchapter III - New York Harbor, Harbor Of Hampton Roads, And Harbor Of Baltimore
U.S. Code > Title 33 > Chapter 10 - Anchorage Grounds And Harbor Regulations Generally
U.S. Code > Title 33 > Chapter 12 - River And Harbor Improvements Generally
U.S. Code > Title 33 > Chapter 18 - Longshore And Harbor Workers' Compensation
U.S. Code > Title 33 > Chapter 25 - Ports And Waterways Safety Program
U.S. Code > Title 33 > Chapter 29 - Deepwater Ports
U.S. Code Title 33 > Chapter 36 > Subchapter II - Harbor Development

Federal Regulations: Harbors and Ports

U.S. Code > Title 6 > Chapter 3 - Security And Accountability For Every Port
U.S. Code Title 46 > Subtitle VII > Chapter 701 - Port Security
U.S. Code > Title 33 > Chapter 3 - Navigation Rules For Harbors, Rivers, And Inland Waters Generally
U.S. Code Title 33 > Chapter 9 > Subchapter III - New York Harbor, Harbor Of Hampton Roads, And Harbor Of Baltimore
U.S. Code > Title 33 > Chapter 10 - Anchorage Grounds And Harbor Regulations Generally
U.S. Code > Title 33 > Chapter 12 - River And Harbor Improvements Generally
U.S. Code > Title 33 > Chapter 18 - Longshore And Harbor Workers' Compensation
U.S. Code > Title 33 > Chapter 25 - Ports And Waterways Safety Program
U.S. Code > Title 33 > Chapter 29 - Deepwater Ports
U.S. Code Title 33 > Chapter 36 > Subchapter II - Harbor Development
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