Section 45-49A-64.11 – Statutory Mortgage Lien.
Section 45-49A-64.11 Statutory mortgage lien. Any resolution of the board or trust indenture under which bonds may be issued pursuant to this part may contain provisions creating a statutory mortgage lien, in favor of the holders of such bonds and of the interest coupons applicable thereto, on the transit systems, or any thereof (including any […]
Section 45-49A-63.193 – Information.
Section 45-49A-63.193 Information. Each member or other person entitled to a benefit, before any benefit shall be payable to him or her or on his or her account under the plan, shall file with the board the information that it shall require to establish his or her rights and benefits under the plan. (Act 97-689, […]
Section 45-49A-64.12 – Proceeds From Sale of Bonds.
Section 45-49A-64.12 Proceeds from sale of bonds. All moneys derived from the sale of any bonds issued by the authority shall be used solely for the purpose or purposes for which the same are authorized and any costs and expenses incidental thereto. Such costs and expenses may include, but shall not be limited to, all […]
Section 45-49A-63.194 – Appeals From Board Decisions.
Section 45-49A-63.194 Appeals from board decisions. (a) Within 10 days after any final decision of the board, the city or any person aggrieved at the decision of the board may appeal the decision to the Circuit Court of Mobile County by filing a notice and request for an appeal with the clerk of the circuit […]
Section 45-49A-64.13 – Cooperation; Aid From Other Public Bodies.
Section 45-49A-64.13 Cooperation; aid from other public bodies. For the purpose of securing public transportation or aiding or cooperating with the authority in the planning, development, undertaking, construction, acquisition, extension, improvement, operation, or protection of transit systems, any county, municipality, or other political subdivision, public corporation, agency, or instrumentality of this state, upon such terms […]
Section 45-49A-63.195 – Prevention of Escheat.
Section 45-49A-63.195 Prevention of escheat. If the board cannot ascertain the whereabouts of any person to whom a payment is due under the plan, the board may, after such payment is due and prior to the funds escheating to the city or the State of Alabama under any applicable escheat laws, mail a notice of […]
Section 45-49A-63.196 – Severability.
Section 45-49A-63.196 Severability. The provisions of this plan are severable. If any part of the plan is declared invalid or unconstitutional, such declaration shall not affect the remaining provisions of the plan. (Act 97-689, p. 1379, §11(10.07).
Section 45-49A-63.197 – Construction.
Section 45-49A-63.197 Construction. (a) The plan shall be construed, regulated, and administered under the laws of the State of Alabama, except where the provisions of the code or other applicable federal statutes control. (b) The titles and headings of the articles and sections in this plan are for convenience only. In case of ambiguity or […]
Section 45-49A-64 – Purpose; Legislative Findings.
Section 45-49A-64 Purpose; legislative findings. (a) The Legislature has found and determined and does hereby declare that in municipalities having a population of not less than 175,000 nor more than 250,000 the following conditions exist: (1) That the constant growth of private vehicular traffic in such counties is placing excessive burdens upon the road systems […]
Section 45-49A-64.01 – Definitions.
Section 45-49A-64.01 Definitions. The following words and phrases used in this part, and others evidently intended as the equivalent thereof, in the absence of clear implication herein otherwise, shall be given the following respective interpretations herein. (1) APPLICANT. A natural person who files a written application with the governing body of any municipality to which […]