Alabama § 45-37-162.01 Definitions

Alabama Statutes

§ 45-37-162.01 — Definitions

Alabama § 45-37-162.01

JurisdictionAlabama

Title 45Local Laws

Ch. 37Jefferson County

Art. 16Government Operations

Part 3Debt and Swap Agreements

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Bluebook

Ala. Code § 45-37-162.01 (2026).

Text

For purposes of this part, the following terms have the following meanings:

(1)COUNTY. Jefferson County, Alabama.

(2)DEBT. Indebtedness for borrowed money, whether in the form of bonds, warrants, notes, or other similar instruments or capitalized leases.

(3)OFFICIAL STATEMENT. An official statement, offering memorandum, placement memorandum, or a similar document prepared for distribution to investors or purchasers of debt. A preliminary official statement refers to an official statement prepared for distribution to prospective investors or purchasers, and a final official statement refers to an official statement prepared for distribution after the final terms of issuance have been determined.

(4)QUALIFIED SWAP PROVIDER. A counterparty as defined in Section 41-1-41.

(5)SWAP AGREEMENT

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For purposes of this part, the following terms have the following meanings:
(1) COUNTY. Jefferson County, Alabama.
(2) DEBT. Indebtedness for borrowed money, whether in the form of bonds, warrants, notes, or other similar instruments or capitalized leases.
(3) OFFICIAL STATEMENT. An official statement, offering memorandum, placement memorandum, or a similar document prepared for distribution to investors or purchasers of debt. A preliminary official statement refers to an official statement prepared for distribution to prospective investors or purchasers, and a final official statement refers to an official statement prepared for distribution after the final terms of issuance have been determined.
(4) QUALIFIED SWAP PROVIDER. A counterparty as defined in Section 41-1-41.
(5) SWAP AGREEMENT. Either of the following:
a. Any interest rate swap agreement, interest rate cap agreement, interest rate floor agreement, interest rate collar agreement, or any other similar agreement, including any option to enter into any of the foregoing.
b. Any agreement subject to Article 3 of Chapter 1 of Title 41.