Ala. Admin. Code r. 355-2-1-.03

Current through Register Vol. 43, No. 1, October 31, 2024

Section 355-2-1-.03 - Definitions

As used in this chapter, except where the context clearly indicates otherwise, or where the term is defined elsewhere in this chapter, the following definitions shall apply:

(a) Debt means bonds or other evidence of indebtedness.

(b) Department means the Department of Finance.

(c) Petitioner means any commission or authority created to construct or reconstruct highway bridges, approaches and appurtenances thereto, any housing authority, any state rural electrification authority, any electric membership corporation, any power district or any improvement authority.

(d) Project means the plan or program of the petitioner and the uses to which the petitioner proposes to put the proceeds of the debt.

Author: Department of Finance

Ala. Admin. Code r. 355-2-1-.03

Filed September 30, 1982. Repealed and New Rule: Filed September 20, 2001; effective October 25, 2001.

Statutory Authority:Code of Ala. 1975, §§ 41-4-16, 41-4-35.