23-1-177
Section 23-1-177 Bonds - Generally. (a) The bonds of the corporation shall be signed by its
president and attested by its secretary, and the seal of the corporation shall be affixed
thereto or printed or otherwise reproduced thereon; provided, that a facsimile of the signature
of one, but not both, of the officers may be printed or otherwise reproduced on any such bonds
in lieu of his or her signing the same. (b) Any bonds of the corporation may be executed and
delivered by it at any time and from time to time, shall be in such form and denominations
and of such tenor and maturities, shall bear such rate or rates of interest payable and evidenced
in such manner, may contain provisions for redemption prior to maturity, and may contain such
other provisions not inconsistent with this article, all as may be provided by the resolution
of the board of directors under which such bonds are authorized to be issued; provided, that
no bond of the corporation shall have a specified maturity date...
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45-8-90
Section 45-8-90 Economic Development Council - Creation; composition; powers and duties. (a)(1)
For the purposes of promoting industry and trade and economic development and to assist Calhoun
County and the municipalities located therein in their pursuits therefor and to provide for
the exercise by the county and the municipalities of certain powers and authority proposed
to be granted to them by an amendment to the Constitution of Alabama, the act proposing such
amendment being adopted at the same session of the Legislature at which the act adding this
section was adopted, there is hereby created an economic development council for Calhoun County,
which council shall constitute a public corporation under the name Calhoun County Economic
Development Council. (2) This section shall be liberally construed in conformity with the
purposes. (b)(1) The powers and authorities of the Calhoun County Economic Development Council
shall be vested in and performed by a board of directors. (2) The...
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37-11A-1
Section 37-11A-1 Execution and text of compact. The Governor, on behalf of this state, shall
execute a compact, in substantially the following form, with the State of Mississippi, and
the Legislature approves and ratifies the compact in the form substantially as follows: Northeast
Mississippi - Northwest Alabama Railroad Authority Compact. The contracting states solemnly
agree: Article I. The purpose of this compact is to promote and develop trade, commerce, industry,
and employment opportunities for the public good and welfare in northeast Mississippi and
northwest Alabama through the establishment of a joint interstate authority to acquire certain
railroad properties and facilities which the operator thereof has notified the Interstate
Commerce Commission of an intention to abandon and which are located in any of Franklin, Marion,
or Winston Counties, Alabama or in Alcorn or Tishomingo Counties, Mississippi. Article II.
This compact shall become effective immediately as to the State...
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16-17A-20
Section 16-17A-20 Applicability of other laws. Notwithstanding any other provision of law to
the contrary: (1) Each authority shall be exempt from all laws of the state governing usury
or prescribing or limiting interest rates, including, without limitation, the provisions of
Title 8, Chapter 8. (2) Authorities, university affiliates, members of the governing bodies
of authorities and university affiliates, and officers and employees of authorities and university
affiliates shall not be subject to state ethics laws, including, without limitation, the provisions
of Title 36, Chapter 25. (3) Meetings of the board of an authority and any committee thereof
shall not be subject to public meeting or notice requirements, including, without limitation,
the provisions of Title 36, Chapter 25A. (4) Deposits of authorities and university affiliates
are entitled to the benefits of the Security for Alabama Funds Enhancement Act, Title 41,
Chapter 14A, and therefore, authorities and university...
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11-101A-18
Section 11-101A-18 Exemption from usury laws. An authority shall be exempt from all laws of
the state governing usury or prescribing or limiting interest rates, including, but without
limitation to, Chapter 8 (commencing with Section 8-8-1) of Title 8. (Act 2001-642, p. 1317,
§1.)...
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11-92B-23
Section 11-92B-23 Exemption from usury laws. An authority shall be exempt from all general
laws of the state governing usury or prescribing or limiting interest rates, including, without
limitation, Chapter 8 of Title 8, as amended or replaced. (Act 2009-337, p. 569, §23.)...

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11-92C-16
Section 11-92C-16 Exemption from usury laws. An authority shall be exempt from the laws of
the State of Alabama governing usury or prescribing or limiting interest rates, including,
but without limitation to, Chapter 8 of Title 8 as it may at any time be amended. (Act 2020-72,
§16.)...
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45-23A-91.15
Section 45-23A-91.15 Exemption from usury and interest laws. The authority shall be exempt
from the laws of the State of Alabama governing usury or prescribing or limiting interest
rates, including, but without limitation to, Chapter 8 of Title 8, as it may at any time be
amended. (Act 84-395, p. 904, §16.)...
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45-35A-52.15
Section 45-35A-52.15 Exemption from usury and interest laws. The authority shall be exempt
from the laws of the State of Alabama governing usury or prescribing or limiting interest
rates, including, but without limitation to, Chapter 8 of Title 8, as it may at any time be
amended. (Act 82-303, p. 393, §16.)...
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45-41A-10.15
Section 45-41A-10.15 Exemption from usury and interest laws. The authority shall be exempt
from the laws of the State of Alabama governing usury or prescribing or limiting interest
rates, including, but without limitation to, Chapter 8 of Title 8 as it may at any time be
amended. (Act 85-185, p. 40, §16.)...
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