reglab/housing_qa huggingface dataset:
AL Code § 33-2-161 (2021)
2021 Code of Alabama|Title 33 - Navigation and Watercourses.|Chapter 2 - Development of Docks and Other Facilities Along Inland Waterways.|Article 6 - 1969 Provisions for Facilities Along Inland Waterways.|Section 33-2-161 - Refunding Bonds and Investments.

Section 33-2-161Refunding bonds and investments. The state may at any time, and from time to time, issue refunding bonds for the purpose of refunding the principal of and the interest on any unmatured bonds of the state then outstanding which were theretofore issued under any one or more of this article, or the 1957 Docks Act, the 1959 Docks Act, the 1961 Docks Act, the 1963 Docks Act, or the 1967 Docks Act. The proceeds from the sale of such refunding bonds shall be paid to the State Treasurer and disbursed on order or resolution of the department solely to refund and retire those bonds for the refunding of which such refunding bonds are authorized to be issued, and to pay the expenses incurred in such refunding; provided, that pending the time such refunding can be consummated such proceeds may be invested as herein authorized. All provisions of this article pertaining to bonds issued under this article that are not inconsistent with the provisions of this section shall, to the extent applicable, also apply to the refunding bonds issued hereunder. The principal proceeds from the sale of any bonds issued hereunder, when not needed for the purposes for which such bonds were issued, and any other moneys received hereunder, when not needed for the purposes for which such moneys may be used, may, at the discretion of the director, with the approval of the Governor, be invested in direct general obligations of the United States of America and the earnings on any investment so made shall be used in the same manner that the moneys so invested are herein provided to be used. (Acts 1969, No. 472, p. 917, §12.)
AL Code § 33-2-162 (2021)
2021 Code of Alabama|Title 33 - Navigation and Watercourses.|Chapter 2 - Development of Docks and Other Facilities Along Inland Waterways.|Article 6 - 1969 Provisions for Facilities Along Inland Waterways.|Section 33-2-162 - Separate Records as to Each Unit of Development.

Section 33-2-162Separate records as to each unit of development. The department shall establish and maintain a separate record with respect to each unit of development that may have been or may be acquired, constructed or operated in whole or in part under the provisions of this article, or under the 1957 Docks Act, the 1959 Docks Act, the 1961 Docks Act, the 1963 Docks Act or the 1967 Docks Act. Each such separate record shall show: (1) The total amount of the capital investment in each such unit of development, including the amount of such capital investment derived from the proceeds of the bonds issued hereunder, or under the 1957 Docks Act, the 1959 Docks Act, the 1961 Docks Act, the 1963 Docks Act or the 1967 Docks Act; and the amount, if any, of the said capital investment derived from any other source; (2) the expense of operating each such unit of development; and (3) the gross revenues derived from the operation of each such unit of development. In the event any proceeds from bonds issued either under this article, or under the 1957 Docks Act, the 1959 Docks Act, the 1961 Docks Act, the 1963 Docks Act or the 1967 Docks Act shall be used to pay any of the operating expenses of any unit of development, the amount of bond proceeds so used shall be deemed a part of the capital investment in such unit of development. (Acts 1969, No. 472, p. 917, §13.)
AL Code § 33-2-163 (2021)
2021 Code of Alabama|Title 33 - Navigation and Watercourses.|Chapter 2 - Development of Docks and Other Facilities Along Inland Waterways.|Article 6 - 1969 Provisions for Facilities Along Inland Waterways.|Section 33-2-163 - Use of Surplus Revenues of Port of Mobile Facilities to Pay Operating Deficit.

Section 33-2-163Use of surplus revenues of Port of Mobile facilities to pay operating deficit. If at the end of any fiscal year there are surplus revenues of the Port of Mobile facilities with respect to that fiscal year and an operating deficit of the inland facilities with respect to that fiscal year, then any such surplus revenues shall be used to meet any such operating deficit. (Acts 1969, No. 472, p. 917, §14.)
AL Code § 33-2-164 (2021)
2021 Code of Alabama|Title 33 - Navigation and Watercourses.|Chapter 2 - Development of Docks and Other Facilities Along Inland Waterways.|Article 6 - 1969 Provisions for Facilities Along Inland Waterways.|Section 33-2-164 - Rates and Charges for Use of Facilities.

Section 33-2-164Rates and charges for use of facilities. The department shall have the right and power to fix from time to time and to collect reasonable rates and charges for services rendered by, and for the use of, facilities acquired, constructed or operated pursuant to the provisions of this article. (Acts 1969, No. 472, p. 917, §15.)
AL Code § 33-2-165 (2021)
2021 Code of Alabama|Title 33 - Navigation and Watercourses.|Chapter 2 - Development of Docks and Other Facilities Along Inland Waterways.|Article 6 - 1969 Provisions for Facilities Along Inland Waterways.|Section 33-2-165 - Revocation of Licenses to Occupy State Property.

Section 33-2-165Revocation of licenses to occupy state property. Any license heretofore granted by the state, either expressly or by implication, permitting the upland owner to occupy any part of the space between the high-water mark and the low-water mark of any navigable waterway of this state, or along the banks of any river, stream or waterway of this state, may be revoked or cancelled by the department in the same manner and subject to the same conditions as those set forth in Section 33-2-16. (Acts 1969, No. 472, p. 917, §16.)
AL Code § 33-2-166 (2021)
2021 Code of Alabama|Title 33 - Navigation and Watercourses.|Chapter 2 - Development of Docks and Other Facilities Along Inland Waterways.|Article 6 - 1969 Provisions for Facilities Along Inland Waterways.|Section 33-2-166 - Bonds and Interest Exempt From Taxation.

Section 33-2-166Bonds and interest exempt from taxation. Any bonds issued pursuant to the authority of this article and the interest thereon shall be exempt from all taxation by the State of Alabama or any political subdivision thereof. (Acts 1969, No. 472, p. 917, §17.)
AL Code § 33-2-182 (2021)
2021 Code of Alabama|Title 33 - Navigation and Watercourses.|Chapter 2 - Development of Docks and Other Facilities Along Inland Waterways.|Article 7 - Acquisition, Construction, Financing, and Improvement of State Docks Facilities.|Section 33-2-182 - Authorization to Issue Refunding Bonds.

Section 33-2-182Authorization to issue refunding bonds. Subject to the provisions contained in this article, the department may from time to time sell and issue its refunding bonds for the purpose of refunding any or all of the outstanding bonds then outstanding, together with any interest thereon whether due and unpaid at the time of issuance of such refunding bonds or not, and with any premium that may be necessary to be paid in order to redeem or retire those outstanding bonds proposed to be refunded. In the discretion of the department, with the approval of the Governor, refunding bonds may be issued in exchange for outstanding bonds or they may be sold and the proceeds thereof applied to the purchase, redemption or payment of outstanding bonds. Refunding bonds to be issued in exchange for outstanding bonds may be issued in such principal amount as the department shall determine. Refunding bonds to be sold may be issued in such principal amount as shall be determined by the department, provided that such refunding bonds shall not be sold and issued in an aggregate principal amount exceeding the sum of (i) the outstanding principal amount of the outstanding bonds to be refunded, (ii) the interest accrued and to accrue on the outstanding bonds to be refunded until the respective maturities thereof, or if the outstanding bonds to be refunded are to be called for redemption (either on the earliest date on which under their terms they may be redeemed or some later date or dates), the interest accrued and to accrue thereon until the date or dates on which they are to be called for redemption, (iii) the amount of any redemption premium required, by the terms of the outstanding bonds, to be paid as a condition to their redemption prior to their respective maturities, (iv) the amount, if any, required to be deposited in an interest account or a reserve account, and (v) the amount of any expenses (actual or estimated) of such refunding, including without limitation, the expenses of selling and issuing the refunding bonds (including any discount reflected in the purchase price thereof paid to the department), bond insurance premiums, fees and disbursements of attorneys, accountants, financial advisors and other consultants, fees and disbursements of trustees and escrow agents, printing costs and other customary bond issuance expenses. (Acts 1984, No. 84-412, p. 963, §3.)
AL Code § 33-2-181 (2021)
2021 Code of Alabama|Title 33 - Navigation and Watercourses.|Chapter 2 - Development of Docks and Other Facilities Along Inland Waterways.|Article 7 - Acquisition, Construction, Financing, and Improvement of State Docks Facilities.|Section 33-2-181 - Authorization to Issue Docks Facilities Revenue Bonds.

Section 33-2-181Authorization to issue docks facilities revenue bonds. The department, with the approval of the Governor, may from time to time and at any time, issue its docks facilities revenue bonds in such aggregate principal amounts as the department, with the approval of the Governor, may determine to be advisable, for the purpose of providing funds for the acquisition, construction, equipment or improvement of docks facilities, together with the expenses incident to the authorization, issuance and sale of such docks facilities revenue bonds. The cost of so acquiring, constructing, equipping and improving such docks facilities shall be deemed to include interest that will either accrue or become payable on the docks facilities revenue bonds issued therefor during the period required for the acquisition, construction, equipment and improvement of such docks facilities, plus a period not exceeding six months after the completion thereof. The powers conferred on the department by this article are in addition to all powers heretofore conferred on the department by the Constitution and laws of Alabama. (Acts 1984, No. 84-412, p. 963, §2.)
AL Code § 33-2-183 (2021)
2021 Code of Alabama|Title 33 - Navigation and Watercourses.|Chapter 2 - Development of Docks and Other Facilities Along Inland Waterways.|Article 7 - Acquisition, Construction, Financing, and Improvement of State Docks Facilities.|Section 33-2-183 - Docks Facilities Revenue Bonds and Refunding Bonds - Generally.

Section 33-2-183Docks facilities revenue bonds and refunding bonds - Generally. The docks facilities revenue bonds and the refunding bonds shall be in such forms and denominations and of such tenor and maturities (either serial or term or a combination thereof), provided that no docks facilities revenue bond or refunding bond shall have a specified maturity date, including sinking fund redemptions, later than 30 years after its date, shall bear such rate or rates of interest (including a zero rate of interest) payable and evidenced in such manner, and may contain other provisions not inconsistent with this article, all as may be provided in the order or orders of the director in which the docks facilities revenue bonds or the refunding bonds, respectively, are authorized to be issued; provided, that no such order shall be valid without the written approval of the Governor. Notwithstanding any other provision of this article to the contrary, the director may, in connection with the issuance of docks facilities revenue bonds and refunding bonds pursuant to this article, provide by order for places of payment (either within or without the state); registration provisions; exchange privileges; method of delivery; entering into contracts with banks and trust companies located either within or without the state to act as registrars, paying agents, transfer agents, depositories for safekeeping, agents for the delivery and payment of bonds, authenticating agents or otherwise; and covenants for the security and better marketability of the docks facilities revenue bonds and refunding bonds, including but not limited to the establishment of an interest account to be funded with the proceeds of docks facilities revenue bonds or refunding bonds for the payment of interest on such bonds, and the establishment of reserves or sinking funds to secure or to pay such docks facilities revenue bonds or refunding bonds, incident to or necessary or convenient to the purposes of the department and the provision for the investment of such interest accounts or reserves or sinking funds at the direction of the department. The department may department may, in the order or orders of the director under which any of the docks facilities revenue bonds or the refunding bonds are issued, retain an option to redeem all or any thereof at such redemption price or prices and after such notice or notices and on such terms and conditions and at such time or times as may be set forth in the said order or orders and as may be briefly recited on the docks facilities revenue bonds or the refunding bonds with respect to which such option of redemption is retained. (Acts 1984, No. 84-412, p. 963, §4.)
AL Code § 33-2-184 (2021)
2021 Code of Alabama|Title 33 - Navigation and Watercourses.|Chapter 2 - Development of Docks and Other Facilities Along Inland Waterways.|Article 7 - Acquisition, Construction, Financing, and Improvement of State Docks Facilities.|Section 33-2-184 - Docks Facilities Revenue Bonds and Refunding Bonds - Execution.

Section 33-2-184Docks facilities revenue bonds and refunding bonds - Execution. The docks facilities revenue bonds and refunding bonds shall be signed by the director and attested by the secretary-treasurer of the department, and all interest coupons (if any) applicable to the docks facilities revenue bonds or refunding bonds shall be signed by the director; provided, that a facsimile of the signatures of either or both of said officers may be printed or otherwise reproduced on any of the docks facilities revenue bonds or refunding bonds in lieu of their being manually signed, and a facsimile of the director's signature may be printed or otherwise reproduced on any of the interest coupons in lieu of their being manually signed. The seal of the department shall be impressed on the docks facilities revenue bonds and refunding bonds, provided that a facsimile of the said seal may be printed or otherwise reproduced on any of the docks facilities revenue bonds or refunding bonds in lieu of being manually impressed thereon. (Acts 1984, No. 84-412, p. 963, §5.)
AL Code § 33-2-186 (2021)
2021 Code of Alabama|Title 33 - Navigation and Watercourses.|Chapter 2 - Development of Docks and Other Facilities Along Inland Waterways.|Article 7 - Acquisition, Construction, Financing, and Improvement of State Docks Facilities.|Section 33-2-186 - Docks Facilities Revenue Bonds and Refunding Bonds - Nature Of; Pledge; Negotiable Instruments.

Section 33-2-186Docks facilities revenue bonds and refunding bonds - Nature of; pledge; negotiable instruments. The docks facilities revenue bonds and refunding bonds shall not be general obligations of the department but shall be payable solely out of docks facilities revenues. As security for the payment of the principal of, premium, if any, and interest on the docks facilities revenue bonds and refunding bonds issued by it under this article, the department is hereby authorized and empowered to pledge for payment of the said principal, premium, if any, and interest all or any part of the docks facilities revenues. All contracts made and all docks facilities revenue bonds and refunding bonds issued by the department pursuant to the provisions of this article shall be solely and exclusively obligations of the department and shall not be an obligation or debt of the state. The docks facilities revenue bonds and refunding bonds, except while registered, shall be construed to be negotiable instruments although payable solely from a specified source as herein provided. (Acts 1984, No. 84-412, p. 963, §7.)
AL Code § 33-2-187 (2021)
2021 Code of Alabama|Title 33 - Navigation and Watercourses.|Chapter 2 - Development of Docks and Other Facilities Along Inland Waterways.|Article 7 - Acquisition, Construction, Financing, and Improvement of State Docks Facilities.|Section 33-2-187 - Docks Facilities Revenue Bonds and Refunding Bonds - Exemption From Taxation; Use to Secure Deposit and for Investment of Fiduciary Funds Authorized.

Section 33-2-187Docks facilities revenue bonds and refunding bonds - Exemption from taxation; use to secure deposit and for investment of fiduciary funds authorized. Docks facilities revenue bonds and refunding bonds and the income therefrom shall be exempt from all taxation in the state. Any of the docks facilities revenue bonds or refunding bonds may be used by the holder thereof as security for the deposit of any funds belonging to the state or to any instrumentality or agency of the state in any instance where security for such deposits may be required by law. Unless otherwise directed by the court having jurisdiction thereof, or by the document that is the source of power, a trustee, executor, administrator, guardian, or one acting in any other fiduciary capacity may, in addition to any other investment powers conferred by law and with the exercise of reasonable business prudence, invest fiduciary funds in any of the docks facilities revenue bonds or refunding bonds. (Acts 1984, No. 84-412, p. 963, §8.)
AL Code § 33-2-191 (2021)
2021 Code of Alabama|Title 33 - Navigation and Watercourses.|Chapter 2 - Development of Docks and Other Facilities Along Inland Waterways.|Article 7 - Acquisition, Construction, Financing, and Improvement of State Docks Facilities.|Section 33-2-191 - Docks Facilities Revenue Bonds and Refunding Bonds - Continuation of Special Charges.

Section 33-2-191Docks facilities revenue bonds and refunding bonds - Continuation of special charges. The department is hereby authorized to continue to impose and collect all charges and other fees presently imposed and collected, pursuant to statutory authorization, by the department for the use of docks facilities or the handling or processing of cargo and commodities, irrespective of any statutory provisions providing for the termination of such charges and fees upon the happening of certain events, including specifically the special handling charge on coal handled by the department authorized to be imposed by Act No. 64 enacted at the 1971 Special Session of the Legislature, as amended, and the special processing charge on coal processed by the department authorized to be imposed by Act No. 703 enacted at the 1976 Regular Session of the Legislature, as amended, and all statutory provisions respecting or requiring the termination of such charges and fees in certain events are hereby repealed. The proceeds of such charges and fees shall be considered for all purposes hereof as part of docks facilities revenues, provided that all pledges thereof shall be subordinate in all respects to any appropriations or pledges heretofore made for the payment of any of the outstanding bonds, provided that the priorities of any such docks facilities revenue bonds and refunding bonds over each other as to any pledge provided herein shall be as provided in the order or orders of the director authorizing any such docks facilities revenue bonds and refunding bonds. (Acts 1984, No. 84-412, p. 963, §12.)
AL Code § 33-2-192 (2021)
2021 Code of Alabama|Title 33 - Navigation and Watercourses.|Chapter 2 - Development of Docks and Other Facilities Along Inland Waterways.|Article 7 - Acquisition, Construction, Financing, and Improvement of State Docks Facilities.|Section 33-2-192 - Docks Facilities Revenue Bonds and Refunding Bonds - Pledge.

Section 33-2-192Docks facilities revenue bonds and refunding bonds - Pledge. All moneys hereby pledged shall constitute a sinking fund for the purpose of paying the principal of, premium, if any, and the interest on the docks facilities revenue bonds and refunding bonds. As security for the payment of the principal of, premium, if any, and interest on the docks facilities revenue bonds and the refunding bonds issued under this article, the department is authorized to pledge the proceeds of the pledge herein provided for, including moneys on deposit in any interest account or reserve account herein authorized to be created and the interest income from the investment of moneys on deposit in such interest account or reserve account, and the docks facilities construction and acquisition account. Any pledge made pursuant to this section shall be valid and binding from the time the pledge is made. The income or revenue so pledged shall immediately be subject to the lien of the pledge without any physical delivery thereof or further act, and the lien of any pledge shall be valid and binding as against all parties having claims of any kind in tort, contract or otherwise against the state or the department, irrespective of whether such parties have notice thereof. Neither the order nor any other instrument by which a pledge is created need be filed or recorded, except in the records of the department. (Acts 1984, No. 84-412, p. 963, §13.)
AL Code § 33-2-193 (2021)
2021 Code of Alabama|Title 33 - Navigation and Watercourses.|Chapter 2 - Development of Docks and Other Facilities Along Inland Waterways.|Article 7 - Acquisition, Construction, Financing, and Improvement of State Docks Facilities.|Section 33-2-193 - Docks Facilities Revenue Bonds and Refunding Bonds - Preservation of Outstanding Appropriations, Pledges and Covenants by State and Department.

Section 33-2-193Docks facilities revenue bonds and refunding bonds - Preservation of outstanding appropriations, pledges and covenants by state and department. It is the intention of the Legislature in enacting this article to preserve inviolate all appropriations and pledges heretofore made of any portion of any revenues of the department for the benefit of any of the outstanding bonds. The state does hereby covenant and agree with the holder of each docks facilities revenue bond or refunding bond issued pursuant to the authority of this article that while any such bonds are outstanding and unpaid (a) neither the state nor the department will appropriate or pledge any portion of the docks facilities revenues for the benefit of any obligations that may at any time be issued pursuant to any statute, ranking on a parity with or superior to the pledge made for the benefit of docks facilities revenue bonds and refunding bonds herein authorized, provided that such covenant and agreement shall not be construed so as to limit the issuance of any obligations subordinate to such pledge, and (b) the state will not change or otherwise alter the duties, responsibilities, obligations or authority of the State Treasurer or the department as provided herein in a manner adverse to the interests of any holder of any docks facilities revenue bond or refunding bond issued under this article. (Acts 1984, No. 84-412, p. 963, §14.)