§ 11-85-100 Definitions
§ 11-85-101 Incorporation of authority
§ 11-85-102 Application for incorporation
§ 11-85-103 Certificate of incorporation; fees
§ 11-85-104 Members; officers; quorum; vacancies; salaries; record of proceedings
§ 11-85-105 Powers of the authority
§ 11-85-106 Bonds – Issuance and sale
§ 11-85-107 Bonds – Authentication; redemption; sale; refunding; use of proceeds; security; investment of funds
§ 11-85-108 Appropriation and pledge of funds for authority obligations
§ 11-85-109 Administrative and recordkeeping functions of authority
§ 11-85-110 Duties of State Treasurer
§ 11-85-111 Dissolution of authority

Terms Used In Alabama Code > Title 11 > Title 3 > Chapter 85 > Article 6

  • Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • authority: The public corporation organized pursuant to this article. See Alabama Code 11-85-100
  • board: The State Board of Agriculture and Industries. See Alabama Code 2-25-1
  • BOARD OF DIRECTORS: The Board of Directors of the Alabama Revolving Loan Fund Authority. See Alabama Code 11-85-100
  • bonds: The bonds issued under this article. See Alabama Code 11-85-100
  • circuit: means judicial circuit. See Alabama Code 1-1-1
  • commissioner: The Commissioner of Agriculture and Industries or his authorized representatives. See Alabama Code 2-25-1
  • Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
  • Contract: A legal written agreement that becomes binding when signed.
  • Conviction: A judgement of guilt against a criminal defendant.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • dealer: Any person not a grower of nursery stock who buys, receives on consignment or otherwise acquires and has in his possession nursery stock for the purpose of offering or exposing for sale, reselling, reshipping or distributing same. See Alabama Code 2-25-1
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Executor: A male person named in a will to carry out the decedent
  • Fiduciary: A trustee, executor, or administrator.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • following: means next after. See Alabama Code 1-1-1
  • grantee: The several existing regional planning and development commissions, as provided for in Sections 11-85-50 to 11-85-73, inclusive. See Alabama Code 11-85-100
  • Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
  • Injunction: An order of the court prohibiting (or compelling) the performance of a specific act to prevent irreparable damage or injury.
  • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
  • month: means a calendar month. See Alabama Code 1-1-1
  • nursery: Any grounds or premises on or in which nursery stock is grown or propagated for sale or distribution. See Alabama Code 2-25-1
  • NURSERY STOCK: All plants, trees, shrubs, vines, cuttings, grafts, scions and buds grown or kept for or capable of propagation, distribution or sale, unless specifically excluded by the rules and regulations promulgated pursuant to this article. See Alabama Code 2-25-1
  • nurseryman: Any person engaged in the production of nursery stock for sale or distribution to include any person who obtains nursery stock for the purpose of growing it to a more mature size over a period of one growing season or more. See Alabama Code 2-25-1
  • Oversight: Committee review of the activities of a Federal agency or program.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • person: Any individual, corporation, company, society, association or other business entity. See Alabama Code 2-25-1
  • personal property: includes money, goods, chattels, things in action and evidence of debt, deeds and conveyances. See Alabama Code 1-1-1
  • places: Vessels, railroad cars, automobiles, aircraft, and other vehicles, buildings, docks, nurseries, orchards and other premises where plants or plant products are grown, kept or handled. See Alabama Code 2-25-1
  • Probate: Proving a will
  • property: includes both real and personal property. See Alabama Code 1-1-1
  • Quorum: The number of legislators that must be present to do business.
  • real property: includes lands, tenements and hereditaments. See Alabama Code 1-1-1
  • REVOLVING LOAN FUNDS: The monies provided by the sale of the bonds pursuant to this article. See Alabama Code 11-85-100
  • state: The State of Alabama. See Alabama Code 11-85-100
  • Temporary restraining order: Prohibits a person from an action that is likely to cause irreparable harm. This differs from an injunction in that it may be granted immediately, without notice to the opposing party, and without a hearing. It is intended to last only until a hearing can be held.
  • Trial: A hearing that takes place when the defendant pleads "not guilty" and witnesses are required to come to court to give evidence.
  • Trustee: A person or institution holding and administering property in trust.
  • Venue: The geographical location in which a case is tried.
  • writing: includes typewriting and printing on paper. See Alabama Code 1-1-1
  • year: means a calendar year; but, whenever the word "year" is used in reference to any appropriations for the payment of money out of the treasury, it shall mean fiscal year. See Alabama Code 1-1-1