Get Form Irb-1

Filling out the Form IRB-1 is an essential step for those involved in a financing transaction in Alabama. This guide provides a clear and supportive walkthrough for completing the form online, ensuring that users can navigate it effectively and efficiently.

Follow the steps to complete the Form IRB-1 online.

1. Click ‘Get Form’ button to obtain the form and open it in the online editor.
2. Begin with Part I of the form, which must be filled out by or on behalf of the issuer and the lessee, purchaser, or user company. Provide the names and addresses of all parties involved in the financing transaction, including any parent companies and guarantors, if applicable.
3. Next, input the estimated principal amount of the issue in the designated field.
4. List names and addresses of all legal counsel involved in the transaction in the fields provided. Ensure to include counsel for each party involved.
5. Complete the estimated capital budget for the project by filling in the amounts for land, buildings, equipment, legal fees, fiscal fees, and other expenditures. Ensure the total is calculated and recorded correctly.
6. Answer the questions regarding the issuance of bonds, including whether they will be paid for in cash at closing and whether the issue is being offered for sale to the public.
7. Detail the authorizing act under which the issuer is organized and indicate whether any tax exemptions will be waived.
8. Provide the names, titles, addresses, phone numbers, and signatures of individuals completing Part I of the submission for both the issuer and the user company.
9. If applicable, complete Part II by providing the names, addresses, and occupations of directors and executive officers of the user company and parent companies.
10. Conclude Part II by verifying that the information provided is true, accurate, and complete. You may need to attach certain exhibits, such as financial statements or feasibility reports, as applicable.
11. Once all sections are completed, save any changes made to the form. You can choose to download, print, or share the form as needed.

Start completing your Form IRB-1 online today!