Section 41-29-505 – Deposit and Investment of and Disbursements From Bond Proceeds.
Section 41-29-505 Deposit and investment of and disbursements from bond proceeds. (a) The proceeds of all bonds, other than refunding bonds, issued by the authority remaining after paying expenses of their issuance, shall be deposited in the state treasury and shall be carried in the state treasury in a special or separate account or accounts. […]
Section 41-29-506 – Revenues of the Authority.
Section 41-29-506 Revenues of the authority. For the purpose of providing funds to enable the authority to pay at their respective maturities the principal of and interest on any bonds issued by it under the provisions of this article and to accomplish the objects of this article, there are hereby irrevocably pledged to such purpose […]
Section 41-29-507 – Disbursements of Funds.
Section 41-29-507 Disbursements of funds. Out of the revenues appropriated and pledged in Section 41-29-506, the state treasurer is hereby authorized and directed to pay the principal of and interest on the bonds issued by the authority under the provisions of this article, as the said principal and interest shall respectively mature, and the state […]
Section 41-29-503 – Authorization to Make Grants of Money.
Section 41-29-503 Authorization to make grants of money. (a) The authority is hereby authorized to make grants of money derived from the sale of its bonds, to grantees for use by the grantees for any one or more of the following purposes: (1) The making of surveys to determine the location of suitable project sites […]
Section 41-29-504 – Details Respecting the Bonds.
Section 41-29-504 Details respecting the bonds. The bonds of the authority shall be signed by its president and attested by its secretary, and the seal of the authority shall be affixed thereto or a facsimile of such seal shall be printed or otherwise reproduced thereon; provided, that: (a) a facsimile of the signature of one, […]
Section 41-29-320 – Pilot Program for Small Business Development by Ex-Offenders.
Section 41-29-320 Pilot Program for Small Business Development by Ex-Offenders. THIS SECTION WAS REPEALED IN THE 2022 REGULAR SESSION BY ACT 2022-248 EFFECTIVE APRIL 5, 2022. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. (a) In this section, program means the Pilot Program for Small Business Development by Ex-Offenders. (b)(1) On or before January 1, […]
Section 41-29-330 – Short Title.
Section 41-29-330 Short title. This division shall be known and may be cited as the Alabama Industry Recognized and Registered Apprenticeship Program Act. (Act 2019-506, §1.)
Section 41-29-331 – Definitions.
Section 41-29-331 Definitions. For the purposes of this division, the following terms shall have the following meanings: (1) APPRENTICE. A worker who is at least 16 years of age, except where a higher minimum age standard is otherwise fixed by law, who is employed to learn an apprenticeable occupation as provided in 29 C.F.R. Part […]
Section 41-29-332 – Alabama Office of Apprenticeship – Created; Purposes; Management; Application for Recognition.
Section 41-29-332 Alabama Office of Apprenticeship – Created; purposes; management; application for recognition. (a) The Alabama Office of Apprenticeship is established as a part of the Workforce Development Division of the Department of Commerce, in accordance with 29 U.S.C. §50, 29 C.F.R., Subtitle A, Parts 29 and 30, and Article 20 of Chapter 18 of […]
Section 41-29-333 – Alabama Office of Apprenticeship – Powers and Duties; Alabama Committee on Credentialing and Career Pathways.
Section 41-29-333 Alabama Office of Apprenticeship – Powers and duties; Alabama Committee on Credentialing and Career Pathways. (a) The Alabama Office of Apprenticeship, with the advice and consent of the Alabama Apprenticeship Council, shall develop a nationally recognized state apprenticeship completion credential, as described in 29 C.F.R. §29.5, for completing a registered or industry-recognized apprenticeship […]