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Section 16-66-1 – Creation; Purpose.

Section 16-66-1 Creation; purpose. This section was amended and renumbered by Act 2015-450, effective June 11, 2015. It is now Section 41-29-290. (Act 2014-16, p. 50, §1.)

Section 16-66-2 – Composition.

Section 16-66-2 Composition. This section was amended and renumbered by Act 2015-450, effective June 11, 2015. It is now Section 41-29-291. (Act 2014-16, p. 50, §2.)

Section 16-65-1 – Short Title.

Section 16-65-1 Short title. This chapter may be cited as the “Alabama Higher Education Equipment Loan Authority Act.” (Acts 1997, No. 97-388, p. 632, §1.)

Section 16-65-2 – Legislative Intent.

Section 16-65-2 Legislative intent. (a) It is the intent of the Legislature by passage of this chapter to enable the state, acting by and through the authority, to aid educational institutions in the financing of capital equipment on a tax-exempt basis. To this end, the Legislature intends to authorize the authority to issue bonds for […]

Section 16-66-4 – Meetings.

Section 16-66-4 Meetings. This section was amended and renumbered by Act 2015-450, effective June 11, 2015. It is now Section 41-29-293. (Act 2014-16, p. 50, §4.)

Section 16-65-3 – Definitions.

Section 16-65-3 Definitions. The following terms shall have the following meanings, respectively: (1) AUTHORITY. The Alabama Higher Education Equipment Loan Authority created by this chapter and any successor or successors thereto. Any change in name or composition of the authority shall in no way affect the vested rights of any person under the provisions of […]