40-18-1
Section 40-18-1 Definitions. For the purpose of this chapter, the following terms shall have
the respective meanings ascribed by this section: (1) ADVANCED FOSSIL-BASED GENERATION. The
production of electricity from fossil-based generation with the use of technology or efficiency
improvements to control or reduce carbon emissions, including but not limited to, technologies
described in 26 U.S.C. § 48A(f), as such provision existed on December 31, 2007. (2) ALTERNATIVE
ENERGY RESOURCES. Coal gasification or liquefaction, nuclear, and advanced fossil-based generation.
(3) BIOMASS. Animals and plants, and the waste, by-products, or derivatives of either, including,
but not limited to, the materials described in 26 U.S.C. §§ 45(c)(2), 45(c)(3), 45K(c)(3),
or 48B(c)(4). (4) BUSINESS TRUST. Any entity which is a business trust for federal income
tax purposes. (5) CAPTIVE REIT. Any REIT whose shares or certificates of beneficial interest
are not regularly traded on an established...
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41-10-356
Section 41-10-356 Powers of authority. The authority shall have the following powers among
others specified in this article: (1) To have succession by its corporate name until dissolved
as provided in this article; (2) To sue and be sued and to prosecute and defend, at law or
in equity, in any court having jurisdiction of the subject matter and of the parties thereto;
(3) To have and to use a corporate seal and to alter the same at pleasure; (4) To make and
alter all needful bylaws, rules and regulations for the transaction of the authority's business
and the control of its property and affairs; (5) To provide for the acquisition, construction,
installation, equipping, operation and maintenance of mental health facilities, including
the equipping and improvement of existing mental health facilities; (6) To receive, take and
hold by sale, gift, lease, devise or otherwise, real and personal property of every description,
and to manage the same; (7) To acquire by purchase, gift, or any...
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45-23A-91.01
Section 45-23A-91.01 Definitions. The following words and phrases used in this part, and others
evidently intended as the equivalent thereof, shall, in the absence of clear implication otherwise,
be given the following respective interpretations: (1) APPLICANT. A natural person who files
a written application with the governing body of the city in accordance with Section 45-23A-91.03.
(2) AUTHORITY. The Ozark Downtown Redevelopment Authority, a public corporation organized
pursuant to this part. (3) AUTHORIZING RESOLUTION. A resolution adopted by the governing body
of the city in accordance with Section 45-23A-91.03, that authorizes the corporation of the
authority. (4) BOARD. The board of directors of the authority. (5) BONDS. Includes bonds,
notes, and certificates representing an obligation to pay money. (6) CITY. The City of Ozark,
Alabama. (7) DIRECTOR. A member of the board of the authority. (8) DOWNTOWN DEVELOPMENT AREA.
The central business district of the city as described in...
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45-35A-52.01
Section 45-35A-52.01 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 the city in accordance with Section
45-35A-52.03. (2) AUTHORITY. The Dothan Downtown Redevelopment Authority, a public corporation
organized pursuant to this part. (3) AUTHORIZING RESOLUTION. A resolution adopted by the governing
body of the city in accordance with Section 45-35A-52.03, that authorizes the corporation
of the authority. (4) BOARD. The board of directors of the authority. (5) BONDS. Includes
bonds, notes, and certificates representing an obligation to pay money. (6) CITY. The City
of Dothan, Alabama. (7) DIRECTOR. A member of the board of the authority. (8) DOWNTOWN DEVELOPMENT
AREA. The central business district of the city...
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45-41A-10.01
Section 45-41A-10.01 Definitions. The following words and phrases used in this part, and others
evidently intended as the equivalent thereof shall in the absence of clear implication herein
otherwise, be given the following respective interpretations herein: (1) APPLICANT. A natural
person who files a written application with the governing body of the city in accordance with
Section 45-41A-10.03. (2) AUTHORITY. The Auburn Downtown Redevelopment Authority, a public
corporation organized pursuant to this part. (3) AUTHORIZING RESOLUTION. A resolution adopted
by the governing body of the city in accordance with Section 45-41A-10.03, that authorizes
the incorporation of the authority. (4) BOARD. The board of directors of the authority. (5)
BONDS. Bonds, notes, and certificates representing an obligation to pay money. (6) CITY. The
City of Auburn, Alabama. (7) DIRECTOR. A member of the board of the authority. (8) DOWNTOWN
DEVELOPMENT AREA. The central business district of the city as...
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45-41A-40.01
Section 45-41A-40.01 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 the city in accordance with Section
45-41A-40.03. (2) AUTHORITY. The Opelika Downtown Redevelopment Authority, a public corporation
organized pursuant to this part. (3) AUTHORIZING RESOLUTION. A resolution adopted by the governing
body of the city in accordance with Section 45-41A-40.03, that authorizes the corporation
of the authority. (4) BOARD. The board of directors of the authority. (5) BONDS. Shall include
bonds, notes, and certificates representing an obligation to pay money. (6) CITY. The City
of Opelika, Alabama. (7) DIRECTOR. A member of the board of the authority. (8) DOWNTOWN DEVELOPMENT
AREA. The central business district of the...
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45-49A-10.04
Section 45-49A-10.04 Powers of corporation. A corporation organized and established under this
article shall have the following powers: (1) To adopt bylaws for the regulation of its affairs
and the conduct of its business. (2) To adopt an official seal and alter the same at pleasure.
(3) To maintain a principal office at the City of Bayou La Batre, and suboffices at such place
or places within Mobile County as it may designate. (4) To sue and be sued in its own name,
excepting actions in tort against the corporation. (5) To construct, lease, build, install,
acquire, own, operate, maintain, equip, use, and control marinas, ports, waterfront facilities,
docks, wharves, piers, berths, quays, warehouses, industrial and building sites, industrial
and factory buildings, and the necessary or convenient approaches, easements, roads, streets,
and ways leading thereto or used in conjunction therewith. (6) To own, acquire, maintain,
and control easements, rights of way, streets, approaches,...
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45-49A-81.04
Section 45-49A-81.04 Investment of funds. All monies properly belonging to the fund shall be
kept in a separate account or accounts, and may, in the discretion of the persons charged
with the duties of administering the fund, be invested in any securities provided by law to
be a suitable investment for trust fund monies pursuant to the laws of this state including,
but not limited to, the following: (1) Bonds, notes, or other obligations of the United States,
or those guaranteed by the United States or for which the credit of the United States is pledged
for the payment of the principal and interest or the dividends thereof. (2) State bonds pledging
the full faith and credit of the state and revenue bonds additionally secured by the full
faith and credit of the state. (3) Bonds of the counties and municipalities of the state which
contain a pledge of full faith and credit of the county or municipality which issues the bonds.
(4) Savings accounts or certificates of deposit at any bank...
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10A-20-7.04
Section 10A-20-7.04 Powers of corporation. In furtherance of its purposes and in addition to
the powers now or hereafter conferred on business corporations by Alabama statutes, the corporation
shall, subject to the restrictions and limitations contained in this section, have the following
powers: (1) To elect, appoint, and employ officers, agents, and employees to make contracts
and incur liabilities for any of the purposes of the corporation; provided, that the corporation
shall not incur any secondary liability by way of guaranty or endorsement of the obligations
of any person, firm, corporation, joint stock company, association, or trust or in any other
manner. (2) To borrow money from its members and the small business administration and any
other similar federal agency for any of the purposes of the corporation, to issue therefor
its bonds, debentures, notes, or other evidences of indebtedness, whether secured or unsecured,
and to secure the same by mortgage, pledge, deed of...
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10A-2A-11.02
Section 10A-2A-11.02 Merger. (a) A corporation may merge with one or more other constituent
organizations pursuant to this article, and a plan of merger, if: (1) the governing statute
of each of the other organizations authorizes the merger; (2) the merger is not prohibited
by the law of a jurisdiction that enacted any of those governing statutes; and (3) each of
the other organizations complies with its governing statute in effecting the merger. (b) A
plan of merger must be in writing and must include: (1) the name, type of organization, and
mailing address of the principal office of each constituent organization, the jurisdiction
of the governing statute of each constituent organization, and the respective unique identifying
number or other designation as assigned by the Secretary of State, if any, of each constituent
organization; (2) the name, type of organization, and mailing address of the principal office
of the surviving organization, the unique identifying number or other...
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