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41-10-551
Section 41-10-551 Manner of ownership, operation, leasing, and disposition of facilities
financed by authority. No authority obligations shall be incurred with respect to any training
facility and no funds of the authority shall be applied to payment of training facility management
fees pursuant to Section 41-10-550 unless the following conditions are met: (1) Subject
to subdivisions (3), (4), and (5) of this subsection, in the case of any training facility
financed in whole or in part through the issuance of bonds of the authority, title to the
financed property shall be acquired in the name of, or transferred promptly after acquisition
to, the authority and the title shall remain in the authority. (2) Subject to subdivisions
(3), (4), and (5) of this subsection, in the case of any training facility financed in whole
or in part through the issuance of authority-guaranteed obligations, title to the financed
property shall be acquired in the name of, or transferred promptly after...
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45-49A-64.07
Section 45-49A-64.07 Powers of authority. The authority shall have the following powers,
together with all powers incidental thereto or necessary to the discharge thereof in corporate
form: (1) To have succession by its corporate name for the duration of time (which may be
perpetual, subject to Section 45-49A-64.19) specified in its certificate of incorporation.
(2) To sue and be sued in its own name in civil suits and actions and to defend suits against
it. (3) To adopt and make use of a corporate seal and to alter the same at pleasure. (4) To
adopt and alter bylaws for the regulation and conduct of its affairs and business. (5) To
acquire, receive, and take, by purchase, gift, lease, devise, or otherwise, and to hold property
of every description, real, personal, or mixed, whether located in one or more counties or
municipalities and whether located within or outside the authorizing municipality. (6) To
make, enter into, and execute such contracts, agreements, leases, and other...
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11-32-2
Section 11-32-2 Definitions. As used in this chapter, the following words and phrases
shall mean the following unless the context clearly indicates otherwise: (1) AD VALOREM TAX.
Those real and personal property ad valorem taxes collected by the county tax collector, the
director of revenue of the county, or revenue commissioner, if any, for the county, but shall
exclude all ad valorem taxes collected for the State of Alabama and all boards of education,
municipalities, fire districts, or other entities located in the county. (2) APPLICANT. A
natural person who files a written application with the governing body of any county to which
this chapter applies and with a municipality in the county, all in accordance with Section
11-32-3. (3) AUTHORITY. The public corporation organized pursuant to this chapter, which shall
be an agency of the state but shall not be a political subdivision of the state. (4) AUTHORIZING
COUNTY. Any county the governing body of which shall have adopted an...
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11-92A-12
Section 11-92A-12 Powers of authority. An authority shall have the following powers,
which it may exercise in any county within such authority's authorized operational area: (1)
To have succession by its corporate name until dissolved as provided in this chapter; (2)
To institute and defend legal proceedings in any court of competent jurisdiction and proper
venue; provided, however, that an authority may not be sued in any trial court other than
the courts of a county within the authorized operational area of the authority; provided,
further, that the officers, directors, agents, and employees of an authority may not be sued
for their actions in behalf of the authority except for actions that are known by such person
to be unlawful or are performed with reckless disregard for the lawfulness of such actions;
(3) To have and to use a corporate seal and to alter the seal at its pleasure; (4) To establish
a fiscal year; (5) To anticipate by the issuance of its bonds the receipt of any...
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16-18-1
Section 16-18-1 Definitions. For the purposes of this chapter, the following words and
phrases shall have the following respective meanings: (1) ANCILLARY IMPROVEMENTS. Educational
and related facilities of every kind including, but without limitation to, classrooms, scientific
and other laboratories, libraries, auditoriums, gymnasiums, cafeterias, dining rooms, dormitories,
student and faculty apartments, student union buildings, recreational and social facilities,
student and faculty infirmaries and clinics and facilities for washing, laundering and cleaning
clothing and fabrics of every kind, or any combination of any thereof, and shall also include
equipment and furniture and fixtures used or useful in educational and related facilities
of every kind. Nothing herein shall be construed as authorizing the construction of buildings
for primarily commercial purposes. (2) APPLICANT. A natural person who files a written application
with the governing body of any municipality in...
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16-26D-5
Section 16-26D-5 THIS SECTION WAS ASSIGNED BY THE CODE COMMISSIONER IN THE 2018
REGULAR SESSION, EFFECTIVE JULY 1, 2018. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. (a) The
board of trustees may perform the following functions: (1) Accept donations, bequests, or
other forms of financial assistance for educational purposes from any public or private person
or agency and comply with rules and regulations governing grants from the federal government
or from any other person or agency, which are not in contravention of the constitution and
laws. (2) Purchase or lease real estate and equipment and make improvements to facilities
necessary for the use of the school, in accordance with applicable law. (3) Lease land or
other property belonging to the board of trustees or to the school. (4) Sell or exchange land
or other real property not needed for school purposes, but only when specifically authorized
by law and then only in accordance with the procedures provided for the sale of unused...
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35-19-5
Section 35-19-5 Validity and enforceability of environmental covenants. (a) An environmental
covenant that complies with this chapter runs with the land. (b) An environmental covenant
that is otherwise effective is valid and enforceable even if any one or more of the following
conditions apply: (1) It is not appurtenant to an interest in real property. (2) It can be
or has been assigned to a person other than the original holder. (3) It is not of a character
that has been recognized traditionally at common law. (4) It imposes a negative burden. (5)
It imposes an affirmative obligation on a person having an interest in the real property or
on the holder. (6) The benefit or burden does not touch or concern real property. (7) There
is no privity of estate or contract. (8) The holder dies, ceases to exist, resigns, or is
replaced. (9) The owner of an interest subject to the environmental covenant and the holder
are the same person. (c) An instrument that creates restrictions or obligations...
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40-18-19.2
Section 40-18-19.2 Exemption of certain death benefit payments for peace officer or
fireman killed in line of duty. (a) Effective for the 2006 state income tax year and each
year thereafter, any death benefit payments listed in subsection (e) that are paid to the
designated beneficiary of a peace officer or fireman killed in the line of duty, as determined
by the awarding authority, shall be exempt from any state income tax. (b) For purposes of
this section, the terms peace officer and fireman are defined in the same manner as
provided in Section 36-30-1. For purposes of this section, the term awarding
authority shall mean an entity or body authorized by law to award any of the death benefit
payments listed in subsection (e). (c) Any determinations made by an awarding authority pursuant
to this section shall apply only to death benefit payments made by that awarding authority.
(d)(1) For purposes of this section, the phrase line of duty shall mean arising out
of and in the course of...
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40-8-1
Section 40-8-1 Classification of property; assessment rate. (a) On and after October
1, 1978, with respect to ad valorem taxes levied by the state, and, unless otherwise provided,
with respect to ad valorem taxes levied by a county, municipality, or other taxing authority
other than the state, all taxable property shall be divided into the following classes and
no other and shall be assessed for ad valorem tax purposes at the following ratios of assessed
value to the fair and reasonable market value of such property, or, as may be provided by
law, to the current use value of such property: CLASS I. All property of utilities used in
the business of such utilities, 30 percent. CLASS II. All property not otherwise classified,
20 percent. CLASS III. All agricultural, forest, and residential property, and historic buildings
and sites, 10 percent. CLASS IV. All private passenger automobiles and motor trucks of the
type commonly known as "pickups" or "pickup trucks" owned and operated
by an...
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41-10-136
Section 41-10-136 Definitions. The following words and phrases used in this article
and others evidently intended as the equivalent thereof shall, in the absence of clear implication
in this article otherwise, be given the following respective interpretations: (1) APPLICANT.
A natural person who files a written application with the Governor in accordance with the
provisions of Section 41-10-138. (2) AREA OF OPERATION. The area specified in the certificate
of incorporation of an authority, within which the authority is empowered to carry on its
business and activities under this article. (3) AUTHORITY. A public corporation organized
pursuant to the provisions of this article. (4) BOARD. The board of directors of an authority.
(5) BONDS. Includes bonds, notes, debentures and certificates representing an obligation to
pay money. (6) COMMISSION. The Alabama Historical Commission, an agency of the state established
under Section 41-9-240. (7) COUNTY. Any county in this state. (8) DIRECTOR....
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