45-46-90.01
Section 45-46-90.01 Definitions. (a) Wherever used in this article, unless a different meaning
clearly appears in the context, the following terms and others evidently intended as the equivalent
thereof, shall be given the following respective interpretations: (1) APPLICANT. A natural
person who files a written application with the governing body of Marengo County, or with
the governing body of any municipality in such county in accordance with Section 45-46-90.02.
(2) AUTHORITY. A public corporation organized pursuant to this article. (3) AUTHORIZING COUNTY.
Marengo County, Alabama, provided the governing body thereof shall have adopted an authorizing
resolution. (4) AUTHORIZING MUNICIPALITY. Any municipality in the county, the governing body
of which shall have adopted an authorizing resolution. (5) AUTHORIZING RESOLUTION. The resolution
that authorizes the incorporation of an authority, adopted by the governing body of the county
or the governing body of any municipality in the...
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11-32-22
Section 11-32-22 Applicability to Birmingham-Jefferson County Transit Authority. (a) The provisions
of this chapter shall apply to the Birmingham-Jefferson County Transit Authority and to any
other authority organized pursuant to Act 993 of the 1971 Regular Session (Acts 1971, p. 1787),
as amended. (b)The certificate of incorporation filed for the Birmingham-Jefferson County
Transit Authority on or about April 3, 1972, as amended, is confirmed as a validly filed and
amended certificate of incorporation for an authority organized under this chapter, except
that any provisions of the certificate of incorporation are repealed or amended to the extent
of a conflict with this chapter. In the event that the certificate of incorporation of the
Birmingham-Jefferson County Transit Authority is amended after May 24, 2013, it shall not
be required that the amendment correct any conflicts with this chapter. As to the Birmingham-Jefferson
County Transit Authority, Jefferson County is the...
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11-94-15
Section 11-94-15 Liability of authorizing subdivisions upon bonds, obligations and agreements
of authority; other actions by authorizing subdivisions to attain objectives of chapter. (a)
Neither of the authorizing subdivisions of an authority shall in any event be liable for the
payment of the principal of, interest and premium, if any, on any bonds of an authority or
for the performance of any pledge, assignment, indenture, obligation or agreement of any kind
whatsoever which may be undertaken by an authority and none of the bonds of an authority or
any of its agreements or obligations shall be construed to constitute an indebtedness of any
authorizing subdivision within the meaning of any constitutional or statutory provision whatsoever.
(b) For the purpose of attaining the objectives of this chapter, either of the authorizing
subdivisions, any other county or municipality of the state, and any other political subdivision,
public corporation, agency or instrumentality of the state or...
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22-21-133
Section 22-21-133 Incorporation - Certificate of incorporation - Contents; amendments. (a)
The certificate of incorporation of the authority shall state: (1) The name and address of
each of the incorporators, and a statement that each of them is a duly qualified elector of,
and property owner in, the municipality; (2) The name of the authority, which shall be "The
Hospital Building Authority of the (City or Town) of _____," "The Hospital Authority
of the (City or Town) of _____," some other name of similar import; (3) The location
of its principal office, which shall be in the municipality; (4) The number of directors,
which shall be three or other uneven number not less than three; and (5) Any other matter
relating to the authority that the incorporators may choose to insert and which shall not
be inconsistent with this article or with the laws of the state. The certificate of incorporation
shall be signed and acknowledged by each of the incorporators before an officer authorized
by...
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45-49A-64.01
Section 45-49A-64.01 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 any municipality to which this
part applies all in accordance with Section 45-49A-64.03. (2) AUTHORITY. A public corporation
organized pursuant to this part. (3) AUTHORIZING MUNICIPALITY. Any municipality the governing
body of which shall have adopted an authorizing resolution. (4) AUTHORIZING RESOLUTION. A
resolution, adopted by the governing body of any municipality to which this part applies all
in accordance with Section 45-49A-64.03, that authorizes the incorporation of an authority.
(5) BOARD. The board of directors of an authority. (6) BONDS. Includes bonds, notes, and certificates
representing an obligation to pay money. (7) CHIEF...
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11-49A-2
Section 11-49A-2 Definitions. The following words and phrases used in this chapter, 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 any municipality to which
this chapter applies all in accordance with the provisions of Section 11-49A-4. (2) AUTHORITY.
A public corporation organized pursuant to the provisions of this chapter. (3) AUTHORIZING
MUNICIPALITY. Any municipality the governing body of which shall have adopted an authorizing
resolution. (4) AUTHORIZING RESOLUTION. A resolution, adopted by the governing body of any
municipality to which this chapter applies all in accordance with the provisions of Section
11-49A-4, that authorizes the incorporation of an authority. (5) BOARD. The board of directors
of an authority. (6) BONDS. Shall include bonds, notes, and...
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40-13-58
Section 40-13-58 Disposition of funds. (a) All revenues collected from the tax levied pursuant
to this article, less an amount to cover the expenses of administration and collection and
one-half of all interest and penalties collected, as provided in subsection (b) of Section
40-13-57, shall be remitted quarterly to the governing body of the county from which the severed
material was severed within 60 days following the end of a calendar quarter along with a report
prepared by the department detailing how the amount remitted was determined. Notwithstanding
the above, the aggregate amount retained by the department to defray the expenses described
herein shall not exceed 1.5 percent of the total revenues collected during such calendar quarter
and shall be credited to its current service revenue. (b) The revenues remitted to a county
as provided in subsection (a) shall be deposited into a fund held and dispensed by the county
commission and designated as the severed material severance...
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11-62-3
Section 11-62-3 Application for authority to form corporation; adoption of resolution by governing
body authorizing incorporation; execution, acknowledgement, filing, recordation and contents
of certificate of incorporation; effect of granting of authority for incorporation upon incorporation
of other such corporations. (a) By proceeding in the manner set forth herein, any number of
natural persons, not less than three, may incorporate a special care facilities financing
authority in any municipality of the state. Such authority shall be organized as a public
corporation and instrumentality of the state with the powers hereinafter set forth. The incorporators
shall first file with the governing body of such municipality a written application seeking
permission to incorporate such authority, which application shall be accompanied by a proposed
form of certificate of incorporation for such authority and such supporting documents or evidence
as the incorporators may consider appropriate...
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11-94-10
Section 11-94-10 Bonds of authority - From what source payable; form; denominations; terms;
redemption; sale; subsequent issues; negotiability. (a) All bonds and securities issued by
an authority shall be payable solely out of the revenues derived by the authority from the
leasing, sale or operation of any or all of its projects as may be designated in the proceedings
of its board under which the same shall be authorized to be issued. None of the bonds, securities
or notes of an authority shall ever constitute an obligation or debt of the state, of any
authorizing subdivision, or of any county or municipality of the state or a charge against
the credit or taxing powers of any of them. (b) Bonds of any authority may be executed and
delivered by the authority at any time and from time to time, may be in such form and denominations
and of such tenor and maturities, may be in registered or bearer form, either as to principal
or interest or both, may be payable at such time or times not...
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11-97-2
Section 11-97-2 Definitions. The following words and phrases used in this chapter, and others
evidently intended as the equivalent thereof, shall, in the absence of a 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 any county or
municipality in accordance with the provisions of Section 11-97-3 hereof. (2) AUTHORIZING
RESOLUTION. A resolution of ordinance adopted by the governing body of any county or municipality
in accordance with the provisions of Section 11-97-3 hereof, that authorizes the incorporation
of a corporation. (3) BOARD. The board of directors of a corporation. (4) BONDS. Bonds, notes,
or other obligations representing an obligation to pay money. (5) CORPORATION. Any public
corporation organized pursuant to the provisions of this chapter. (6) COSTS. As applied to
a facility or any portion thereof, shall include all or any part of the...
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