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11-22-8
the period specified in the certificate of incorporation unless sooner dissolved as hereinafter
provided; (2) To sue and be sued and to prosecute and defend in any court having jurisdiction
of the subject matter and of the parties; (3) To have and to use a corporate seal and to alter
the same at pleasure; (4) To acquire, whether by purchase, construction, exchange, gift, lease,
or otherwise, to improve, maintain, equip, furnish, own, and operate one or more projects,
including all real and personal properties which the board of directors of the corporation
may deem necessary in connection therewith and regardless of whether or not any such projects
or any part thereof shall then be in existence; (5) To fix, prescribe and collect rates, fees,
tolls, charges, or rentals for the use of any of its facilities and for services, facilities,
and accommodations furnished by it or any of its facilities; (6) To adopt and enforce rules
and regulations relative to the use or occupancy of any of...
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11-60-8
in the certificate of incorporation unless sooner dissolved as provided in this chapter; (2)
To sue and be sued and to prosecute and defend civil actions in any court having jurisdiction
of the subject matter and of the parties; (3) To have and to use a corporate seal and to alter
the same at pleasure; (4) To acquire, whether by purchase, construction, exchange, gift, lease,
or otherwise to improve, maintain, equip, furnish, own, and operate one or more projects,
including all real and personal properties which the board of directors of the corporation
may deem necessary in connection therewith, regardless of whether or not any such projects
or any part thereof shall then be in existence; (5) To fix, prescribe, and collect rates,
fees, tolls, charges, or rentals for the use of any of its facilities and for services, facilities,
and accommodations furnished by it or any of its facilities; (6) To adopt and enforce rules
and regulations relative to the use or occupancy of any of its...
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11-88-18
of its dissolution, the title to all its properties shall thereupon pass to and be divided
and apportioned among the determining county and any other county or counties in which any
part of the service area may be located, all in such manner and to such extent as may be provided
in the authority's certificate of incorporation, as amended; provided, however, that in the
absence of a contrary provision in the said certificate of incorporation, as amended, title
to real estate and tangible personal property, other than cash, shall vest in the county
in which the said real estate or tangible personal property is located and the title
to cash on hand and in banks, accounts receivable, choses in action, and other intangible
property, other than intangible interest in land, shall vest in all of the counties in which
any part of the service area lies. Each such county shall have title to said cash and intangible
items as a tenant in common thereof, the fractional interest of each such...
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11-89-17
its property shall thereupon pass to and be divided and apportioned among the counties and
municipalities in which any part of the service area may be located, or, if it is a supply
district, among its authorizing subdivisions, all in such manner and to such extent as may
be provided in the district's certificate of incorporation, as amended; provided, however,
that in the absence of a contrary provision in the said certificate of incorporation, as amended,
title to real estate and tangible personal property, other than cash, shall vest in
the county or municipality, as the case may be, in which the said real estate or tangible
personal property is located and the title to cash on hand and in banks, accounts receivable,
choses in action, and other intangible property, other than intangible interest in land, shall
vest in all of the counties and municipalities in which any part of the service area lies.
Each such county and municipality shall have title to said cash and intangible items...
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14-7-22.1
The department shall withhold from an inmate's earnings the costs incident to the inmate's
confinement, as the department shall deem appropriate and reasonable, and the moneys collected
shall be deposited into the Department of Corrections Special Revenue Fund. In no event shall
the withheld earnings exceed 40 percent of the gross earnings of the inmate. The department
shall also comply with any order from a court of proper jurisdiction that directs the withholding
of funds from an inmate's personal funds, not to exceed 40 percent of the earnings
of the inmate. After all expenses have been deducted by the department, the remainder of the
inmate's earnings shall be credited to his or her account with the department. All such manufacturing
programs shall be operated in compliance with the Federal Prison Industries Enhancement Act
codified at 18 U.S.C. ยง1761(c). (d) An inmate participating in the program shall not be considered
an employee of the state and shall not be entitled to...
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16-18-7
perpetuity, subject to the provisions of Section 16-18-21 specified in its certificate of incorporation;
(2) To sue and be sued in its own name in civil actions and to defend actions 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, wherever the same might be located; (6) To make,
enter into and execute such contracts, agreements, leases and other instruments and to take
such other actions as may be necessary or convenient to accomplish any purpose for which the
authority was organized or to exercise any power expressly granted hereunder; (7) To plan,
establish, develop, acquire, purchase, lease, construct, reconstruct, improve, maintain and
operate ancillary improvements in connection with educational...
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33-16-8
Section 33-16-8 Powers enumerated. The authority shall have the following powers: (1) To have
succession by its corporate name without time limit; (2) To bring civil actions and have civil
actions brought against it and to prosecute and defend in any court having jurisdiction of
the subject matter and of the parties; (3) To have and to use a corporate seal and to alter
the same at pleasure; (4) To receive, take and hold by sale, gift, lease, devise or otherwise
real and personal property of every kind and description, and to manage the same; (5)
To acquire by purchase, gift or the exercise of the power of eminent domain, or any other
lawful means, and to convey or cause to be conveyed to the United States, the State of Alabama,
any county or municipality in the state, or to any agency, department or instrumentality of
such political entities, or to any public corporation, any real, personal or mixed
property necessary or convenient to the authority in the performance of its duties and...
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33-17-8
Section 33-17-8 Powers enumerated. The authority shall have the following powers: (1) To have
succession by its corporate name without time limit; (2) To bring civil actions and have civil
actions brought against it and to prosecute and defend in any court having jurisdiction of
the subject matter and of the parties; (3) To have and to use a corporate seal and to alter
the same at pleasure; (4) To receive, take and hold by sale, gift, lease, devise or otherwise
real and personal property of every kind and description, and to manage the same; (5)
To acquire by purchase, gift or the exercise of the power of eminent domain, or by any other
lawful means, any property, whether real, personal or mixed, the acquisition of which
is found by the board to be necessary or convenient to the authority in the carrying out of
the purposes for which the authority is authorized to be organized, and to lease or convey
any such property or to cause any such property to be leased or conveyed to the United...
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4-3-54
Section 4-3-54 Bonds - Security for payment of principal and interest. In the discretion of
the authority, any bonds may be issued under and secured by an indenture between the authority
and a trustee. Said trustee may be a private person or corporation, including, but not limited
to, any trust company or bank having trust powers, whether such bank or trust company is located
within or without the state. In any such indenture or resolution providing for the issuance
of bonds, the authority may pledge for payment of the principal of and the interest on such
bonds any of its revenues, rents, income or funds to which its right then exists or may thereafter
come into existence and may assign, as security for such payment, any of its leases, franchises,
permits and contracts and, in any such indenture, the authority may mortgage any of its properties,
including any that may be thereafter acquired by it. Any such pledge of revenues shall be
valid and binding from the time it is made, and the...
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40-20-1
Section 40-20-1 Definitions. For the purpose of this article, the following terms shall have
the respective meanings ascribed by this section: (1) DEPARTMENT. The state Department of
Revenue. (2) ANNUAL. The calendar year or the taxpayer's fiscal year, when permission is obtained
from the department to use a fiscal year as a tax period in lieu of a calendar year. (3) VALUE.
The sale price or market value at the mouth of the well. If the oil or gas is exchanged for
something other than cash, if there is no sale at the time of severance or if the relation
between the buyer and the seller is such that the consideration paid, if any, is not indicative
of the true value or market price, then the department shall determine the value of the oil
or gas subject to the tax hereinafter provided for, considering the sale price for cash of
oil or gas of like quality. (4) OIL. Crude petroleum oil and other hydrocarbons regardless
of gravity which are produced at the well in liquid form by ordinary...
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