reglab/housing_qa huggingface dataset:
AL Code § 22-21-137 (2021)
2021 Code of Alabama|Title 22 - Health, Mental Health, and Environmental Control.|Title 1 - Health and Environmental Control Generally.|Chapter 21 - Hospitals and Other Health Care Facilities Generally.|Article 5 - Municipal Hospital Building Authorities.|Section 22-21-137 - Powers - Generally.

Section 22-21-137Powers - Generally. The authority shall have the following powers and capacities, among others specified in this article, together with all powers incidental thereto or necessary to the discharge thereof: (1) To have succession by its corporate name until dissolved as provided in Section 22-21-154; (2) To maintain actions and have actions maintained against it by others in any form of litigation other than an action ex delicto, and to defend any litigation brought against it; (3) To have and use a corporate seal and to alter the same at pleasure; (4) To adopt and alter bylaws for the regulation and conduct of its affairs and business; (5) To acquire, whether by purchase, gift, lease, devise or otherwise, property of every description which the board may deem necessary or desirable to the acquisition, construction, reconstruction, improvement, enlargement, equipment, operation or maintenance of a project and to hold title thereto; (6) To construct, enlarge, improve, equip, maintain and operate one or more projects; (7) To borrow money for any of its corporate purposes and to sell and issue in evidence of such borrowing its interest-bearing revenue bonds as provided in this article; (8) To sell and issue refunding revenue bonds; (9) To secure any of its bonds by pledge and indenture as provided in this article; (10) To appoint, employ and compensate such agents, architects and attorneys as the business of the authority may require; (11) To provide for such insurance as the board may deem advisable; (12) To invest any of its funds pending need therefor as provided in this article; (13) To contract, lease and make lease agreements respecting its properties, or any part thereof, as provided in this article; and (14) To sell and convey any of its properties that may have become obsolete or worn out or that may no longer be needed or useful in connection with, or in the operation of, any project; provided, that it shall not have the power to sell or convey any project substantially as a whole except as provided in this article. (Acts 1961, No. 109, p. 134, §8.)
AL Code § 22-21-138 (2021)
2021 Code of Alabama|Title 22 - Health, Mental Health, and Environmental Control.|Title 1 - Health and Environmental Control Generally.|Chapter 21 - Hospitals and Other Health Care Facilities Generally.|Article 5 - Municipal Hospital Building Authorities.|Section 22-21-138 - Powers - Eminent Domain.

Section 22-21-138Powers - Eminent domain. The authority shall have the same power of eminent domain as is vested by law in the municipality, which power shall be exercised in the same manner and under the same conditions as are provided by law for the exercise of the power of eminent domain by the municipality. (Acts 1961, No. 109, p. 134, §9.)
AL Code § 22-21-139 (2021)
2021 Code of Alabama|Title 22 - Health, Mental Health, and Environmental Control.|Title 1 - Health and Environmental Control Generally.|Chapter 21 - Hospitals and Other Health Care Facilities Generally.|Article 5 - Municipal Hospital Building Authorities.|Section 22-21-139 - Conveyance of Property by Municipalities.

Section 22-21-139Conveyance of property by municipalities. The municipality is hereby authorized to convey to the authority, with or without the payment of monetary consideration therefor, any property that may, immediately preceding such conveyance, be owned by the municipality, whether or not such property is necessary for the conduct of the governmental or other public functions of the municipality; provided, that such conveyance shall be authorized by a resolution duly adopted by the governing body prior to the conveyance. Such resolution shall be published one time, at least five days before such conveyance is consummated, in a newspaper published in the municipality and, if there is no newspaper then published in the municipality, then, in a newspaper published or circulated in the county. (Acts 1961, No. 109, p. 134, §24.)
AL Code § 22-21-141 (2021)
2021 Code of Alabama|Title 22 - Health, Mental Health, and Environmental Control.|Title 1 - Health and Environmental Control Generally.|Chapter 21 - Hospitals and Other Health Care Facilities Generally.|Article 5 - Municipal Hospital Building Authorities.|Section 22-21-141 - Bonds - Revenue.

Section 22-21-141Bonds - Revenue. The authority is empowered, at any time and from time to time, to sell and issue its revenue bonds for the purpose of providing funds to acquire, construct, improve, enlarge, complete and equip one or more projects and for payment of obligations incurred for any such purpose. The principal of, and interest on, any such bonds shall be payable solely out of the revenues derived by the authority from any one or more of its projects, all as shall be provided by the resolution of the board or the indenture whereunder such bonds are authorized to be issued. Any bonds of the authority may be delivered by it at any time and from time to time, shall be in such form and denominations and of such tenor and maturities, shall bear such rate or rates of interest (without regard to any usury or other laws regulating or limiting interest rates, including without limitation, the provisions of Section 8-8-1, as amended, all of which shall be inapplicable to any bonds or other obligations of the authority), shall be payable and evidenced in such manner, may contain provisions for redemption prior to maturity and may contain other provisions not inconsistent with this article, all as may be provided by the resolution of the board or the indenture whereunder such bonds are authorized to be issued; provided, that no bond of the authority shall have a specified maturity date later than 35 years after its date. Each bond of the authority having a specified maturity date more than 10 years after its date shall be made subject to redemption at the option of the authority at the end of the tenth year after its date, and on any interest payment date thereafter, under such terms and conditions as may be provided in the resolution or indenture under which such bond is authorized to be issued. Bonds of the authority may be sold at either public or private sale in such manner and at such time or times as may be determined by the board to be most advantageous to the authority. Bonds issued by the authority shall not be general obligations of the authority, but shall be payable solely out of the revenues derived from the project or projects specified in the resolution of the board or the indenture under which such bonds are authorized to be issued. (Acts 1961, No. 109, p. 134, §11; Acts 1978, No. 409, p. 394, §5.)
AL Code § 22-21-142 (2021)
2021 Code of Alabama|Title 22 - Health, Mental Health, and Environmental Control.|Title 1 - Health and Environmental Control Generally.|Chapter 21 - Hospitals and Other Health Care Facilities Generally.|Article 5 - Municipal Hospital Building Authorities.|Section 22-21-142 - Bonds - Refunding.

Section 22-21-142Bonds - Refunding. The authority may at any time and from time to time sell and issue its refunding revenue bonds for the purpose of refunding the principal of, and interest on, any matured or unmatured bonds of the authority at the time outstanding and for the payment of any expenses incurred in connection with such refunding and any premium necessary to be paid to redeem or retire the bonds so to be refunded; provided, that the principal amount of bonds the authority may issue for refunding purposes may not exceed the sum of the following: the principal amount of the bonds refunded thereby, the interest to mature thereon from the immediately preceding interest payment date to their respective maturities (or, in the event the bonds to be refunded, or any part thereof, are to be retired prior to their respective maturities, the interest to mature thereon from the immediately preceding interest payment date until the date or dates on which they are to be retired), any premium necessary to be paid to redeem or retire the bonds to be refunded (but only if such bonds are in fact to be redeemed or retired prior to their respective maturities) plus the amount of any expenses estimated to be incurred in connection with such refunding. The authority may also at any time and from time to time sell and issue its revenue bonds for the combined purpose of so refunding any of its bonds and of obtaining funds for any other purpose for which it is authorized by this article to sell and issue revenue bonds, in which event the provisions of this article relating to refunding bonds shall apply only to those of such bonds issued for refunding purposes. Any such refunding may be effected either by sale of refunding bonds, and the application of the proceeds thereof, or by exchange of the refunding bonds for the bonds, or interest coupons to be refunded thereby; provided, that the holders of any bonds or coupons so to be refunded shall not be compelled without their consent to surrender their bonds or coupons for payment or exchange prior to the date on which they may be paid or redeemed by the authority under their respective provisions. Any refunding bonds of the authority shall be payable solely from the revenues derived by the authority from any one or more of its projects, all as shall be specified in the resolution of the board or the indenture under which such bonds are authorized to be issued. All provisions of this article pertaining to bonds of the authority that are not inconsistent with the provisions of this section shall, to the extent applicable, also apply to refunding bonds issued by the authority and to bonds issued by the authority for both refunding and other purposes. (Acts 1961, No. 109, p. 134, §12; Acts 1978, No. 409, p. 394, §6.)
AL Code § 22-21-143 (2021)
2021 Code of Alabama|Title 22 - Health, Mental Health, and Environmental Control.|Title 1 - Health and Environmental Control Generally.|Chapter 21 - Hospitals and Other Health Care Facilities Generally.|Article 5 - Municipal Hospital Building Authorities.|Section 22-21-143 - Bonds - Execution.

Section 22-21-143Bonds - Execution. The bonds of the authority shall be signed by either its president or its vice-president, as shall be provided in the resolution under which the bonds shall be issued, and the seal of the authority shall be affixed to the bonds and attested by its secretary; provided, that a facsimile of the signature of one, but not both, of the officers whose signatures will appear on the bonds may be imprinted or otherwise reproduced on any of the bonds in lieu of his manually signing the same and provided further, that a facsimile of the seal of the authority may be imprinted, or otherwise reproduced, on any of the bonds in lieu of being manually affixed thereto. Any interest coupons applicable to the bonds shall be signed either manually by, or with a facsimile of, the signature of either the president or the vice-president of the authority, as shall be provided in the resolution under which the bonds shall be issued. If after any of the bonds or interest coupons thereunto appertaining shall be so signed, whether manually or by facsimile, any such officer shall, for any reason, vacate his office, the bonds and interest coupons so signed may nevertheless be delivered at any time thereafter as the act and deed of the authority. (Acts 1961, No. 109, p. 134, §13.)
AL Code § 22-21-144 (2021)
2021 Code of Alabama|Title 22 - Health, Mental Health, and Environmental Control.|Title 1 - Health and Environmental Control Generally.|Chapter 21 - Hospitals and Other Health Care Facilities Generally.|Article 5 - Municipal Hospital Building Authorities.|Section 22-21-144 - Bonds - Security.

Section 22-21-144Bonds - Security. The principal of, and the interest on, the bonds shall be secured by a pledge of the revenues out of which the bonds shall be made payable, may be secured by a pledge of the lease agreement (if any) covering the project from which revenues so pledged shall be derived and by a pledge of the rental from such project and may be secured by a nonforeclosable indenture covering the project or projects out of the revenues from which the bonds are made payable. The trustee, under any indenture, may be a trust company or bank having trust powers, whether located within or without the state, and may be selected by the board without regard to the provisions of Chapter 25 of Title 36 of this code or other similar law. The indenture may contain any agreements and provisions customarily contained in instruments securing evidences of indebtedness including, without limiting the generality of the foregoing, provisions respecting the collection, segregation and application of the revenues and rental from any project or projects covered by such indenture, the terms to be incorporated in any lease agreement respecting any project, the maintenance and insurance on any project, the creation and maintenance of special funds from the revenues and rental of any project and the rights and remedies available in the event of default to the holders of the bonds or the trustee under the indenture, all as the board shall deem advisable and as shall not be in conflict with the provisions of this article; provided, that in making any such agreements or provisions, the authority shall not have the power to obligate itself except with respect to the project or projects out of the revenues from which the bonds are made payable and the application of the revenues therefrom. The indenture may contain provisions regarding the rights of any trustee thereunder and the holders of the bonds and coupons and may contain provisions restricting the individual rights of action of the holders of the bonds and coupons. (Acts 1961, No. 109, p. 134, §14; Acts 1978, No. 409, p. 394, §7.)
AL Code § 22-21-145 (2021)
2021 Code of Alabama|Title 22 - Health, Mental Health, and Environmental Control.|Title 1 - Health and Environmental Control Generally.|Chapter 21 - Hospitals and Other Health Care Facilities Generally.|Article 5 - Municipal Hospital Building Authorities.|Section 22-21-145 - Bonds - Recital and Notice of Issuance; Limitation on Actions to Contest.

Section 22-21-145Bonds - Recital and notice of issuance; limitation on actions to contest. Any resolution authorizing any bonds under this article shall contain a recital that they are issued pursuant to the provisions of this article, which recital shall be conclusive evidence that said bonds have been duly authorized pursuant to the provisions of this article, notwithstanding the provisions of any other law now in force or hereafter enacted or amended. Upon the adoption by the board of any resolution providing for the issuance of bonds, the authority may, in its discretion, cause to be published once a week, for two consecutive weeks, in a newspaper then published in the municipality or, if there is no newspaper then published in the municipality, then, in a newspaper published or circulated in the county, a notice in substantially the following form, with any appropriate changes, to the extent applicable and with the blanks being properly filled in: "_____, a public corporation and a political subdivision of the State of Alabama, has authorized the issuance of $ _____ principal amount of bonds of the said authority to be dated _____ for purposes authorized in Article 5 of Chapter 21 of Title 22 of the Code of Alabama of 1975 and has entered into a lease with the (city or town) _____ of _____ respecting the project described therein and pledged said lease and the rentals payable thereunder as security for said bonds. Any action or proceeding questioning the validity of the said bonds, or the pledge and the indenture to secure the same or the said lease, must be commenced within 20 days after the first publication of this notice.  [here insert name of authority] ______________________ By _______________ Its President"  Any action or proceedings in any court to set aside or question the validity of the proceedings for the issuance of the bonds referred to in said notice or to contest the validity of any such bonds, or the validity of any lease agreement pledged therefor, or the validity of any pledge made therefor or the validity of the indenture must be commenced within 20 days after the first publication of such notice. After the expiration of the said period, no right of action or defense questioning or attacking the validity of the said proceedings, or of the said bonds, or any such lease agreement, or any pledge herein authorized or the indenture shall be asserted, nor shall the validity of the said proceedings, bonds, lease agreement (if any), pledge or indenture be open to question in any court on any ground whatsoever except in an action commenced within said period. (Acts 1961, No. 109, p. 134, §23; Acts 1978, No. 409, p. 394, §8; Acts 1979, No. 79-438, p. 704, §2.)
AL Code § 22-21-146 (2021)
2021 Code of Alabama|Title 22 - Health, Mental Health, and Environmental Control.|Title 1 - Health and Environmental Control Generally.|Chapter 21 - Hospitals and Other Health Care Facilities Generally.|Article 5 - Municipal Hospital Building Authorities.|Section 22-21-146 - Bonds - Legal Investment - Banks, Insurers and Fiduciaries.

Section 22-21-146Bonds - Legal investment - Banks, insurers and fiduciaries. Bonds issued under the provisions of this article are hereby made legal investments for savings banks and insurance companies organized under the laws of the state. Unless otherwise directed by the court having jurisdiction thereof or the document that is the source of authority, 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 trust funds in the bonds of the authority. (Acts 1961, No. 109, p. 134, §21.)
AL Code § 22-21-147 (2021)
2021 Code of Alabama|Title 22 - Health, Mental Health, and Environmental Control.|Title 1 - Health and Environmental Control Generally.|Chapter 21 - Hospitals and Other Health Care Facilities Generally.|Article 5 - Municipal Hospital Building Authorities.|Section 22-21-147 - Bonds - Legal Investment - Municipal Funds.

Section 22-21-147Bonds - Legal investment - Municipal funds. The governing body is authorized, in its discretion, to invest in bonds of the authority any idle or surplus money held in the treasury of the municipality which is not otherwise earmarked or pledged. (Acts 1961, No. 109, p. 134, §22.)
AL Code § 22-21-148 (2021)
2021 Code of Alabama|Title 22 - Health, Mental Health, and Environmental Control.|Title 1 - Health and Environmental Control Generally.|Chapter 21 - Hospitals and Other Health Care Facilities Generally.|Article 5 - Municipal Hospital Building Authorities.|Section 22-21-148 - Bonds - Negotiable Instruments.

Section 22-21-148Bonds - Negotiable instruments. All bonds issued by the authority, while not registered, shall be construed to be negotiable instruments even though they are payable from a limited source. All coupons applicable to any bonds issued by the authority, while the applicable bonds are not registered as to both principal and interest, shall likewise be construed to be negotiable instruments although payable from a limited source. (Acts 1961, No. 109, p. 134, §19.)
AL Code § 22-21-149 (2021)
2021 Code of Alabama|Title 22 - Health, Mental Health, and Environmental Control.|Title 1 - Health and Environmental Control Generally.|Chapter 21 - Hospitals and Other Health Care Facilities Generally.|Article 5 - Municipal Hospital Building Authorities.|Section 22-21-149 - Bonds - Use of Proceeds.

Section 22-21-149Bonds - Use of proceeds. (a) The proceeds derived from the sale of any bonds sold by the authority, other than refunding bonds, shall be used only to pay the cost of acquiring, constructing, improving, enlarging and equipping one or more projects, as may be provided in the proceedings in which the bonds are authorized to be issued. Such cost shall be deemed to include the following: (1) The cost of any land forming a part of such project or projects; (2) The cost of the labor, materials and supplies used in any such construction, improvement or enlargement, including architect's and engineer's fees and the cost of preparing contract documents and advertising for bids; (3) The purchase price of, and the cost of, installing equipment for such project or projects; (4) The cost of landscaping the lands forming a part of such project or projects and of constructing and installing roads, sidewalks, curbs, gutters, utilities and parking places in connection therewith; (5) Legal, fiscal and recording fees and expenses incurred in connection with the authorization, sale and issuance of the bonds issued in connection with such project or projects; the cost of any feasibility studies deemed necessary or advisable in connection with the issuance and sale of such bonds; the amount of any debt service reserve that the board deems necessary or advisable to be funded out of the proceeds from the sale of such bonds; and (6) Interest on the bonds for a reasonable period prior to the commencement of the construction and equipment of such project or projects, or of any improvements or additions being financed (in whole or in part) out of the proceeds from the sale of such bonds, and during the period that is estimated will be required for such construction and equipment and for a period of not more than two years after the completion of such construction and equipment. (b) If any proceeds derived from the sale of the bonds remain undisbursed after completion of the work and payment of all costs and expenses in connection with the project or projects with respect to which the bonds are issued, such balance shall be applied toward the retirement of the bonds. The proceeds derived from the sale of any refunding bonds shall be used only for the purposes for which the refunding bonds were authorized to be issued. (Acts 1961, No. 109, p. 134, §15; Acts 1978, No. 409, p. 394, §9.)
AL Code § 22-21-151 (2021)
2021 Code of Alabama|Title 22 - Health, Mental Health, and Environmental Control.|Title 1 - Health and Environmental Control Generally.|Chapter 21 - Hospitals and Other Health Care Facilities Generally.|Article 5 - Municipal Hospital Building Authorities.|Section 22-21-151 - Obligations Not Debt of State or Municipality.

Section 22-21-151Obligations not debt of state or municipality. All obligations incurred by the authority and all bonds issued by it shall be solely and exclusively an obligation of the authority and shall not create an obligation or debt of the State of Alabama or of the municipality. (Acts 1961, No. 109, p. 134, §20.)