23 chapters · 608 sections in this title.
Ala. Code § 37-4-1 Definitions
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Unless otherwise specified, when used in this article, these terms shall have the following meanings: (1) COMMISSION. The Alabama Public Service Commission. (2) COMMISSIONER. A member of the commission. (3) MUNICIPALITY. Any municipal corporation organized under the laws of this …
Ala. Code § 37-4-10 Application to Issue Securities or Assume Obligations - Grant or Denial; Modifications; Supplemental Orders
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The commission, by its order, may grant or deny the application provided for in Section 37-4-7 as made, or may grant it in part or deny it in part, or may grant it with such modification and upon such terms and conditions as the commission may deem necessary or appropriate in the…
Ala. Code § 37-4-11 Sale, Pledge or Other Disposition of Securities
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Whenever any securities set forth and described in any such application for authority or certificate of notification as pledged or held unencumbered in the treasury of the utility shall, subsequent to the filing of such application or certificate, be sold, pledged, repledged or o…
Ala. Code § 37-4-12 Guarantee or Obligation on Part of State Not to Be Implied
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Nothing in this article shall be construed to imply any guarantee or obligation as to such securities on the part of the State of Alabama. (Acts 1920, No. 37, p. 38; Code 1923, §9749; Code 1940, T. 48, §314.)