33-13-2
Section 33-13-2 Legislative intent; construction of chapter. It is the intention of
the Legislature by the passage of this chapter to implement Constitutional Amendment No. 338
by: (1) Authorizing the issuance of the interest-bearing general obligation bonds of the state
provided for in the said constitutional amendment; (2) Providing for the incorporation of
a public corporation to act as the agency of the state in the authorization, sale, issuance
and approval of disbursement of proceeds of the said bonds and to perform the other functions
hereinafter specified; and (3) Providing for the expenditure of the proceeds from the said
bonds. It is also the intention of the Legislature that, to the extent deemed feasible, in
the sole discretion of the Alabama State Docks Department with the approval of the Alabama
Port Authority, the proceeds from the said bonds will be used in preparation for and in anticipation
of the demands that will be made upon and the opportunities that will be...
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45-29-140.16
Section 45-29-140.16 Notice requirements, etc.; regulatory control and supervision.
(a) Except as expressly otherwise provided in this article, no proceeding, notice, or approval
shall be required for the incorporation of the authority or the amendment of its certificate
of incorporation, the acquisition of any property, water system, or fire protection facility
or the issuance of any mortgage and deed of trust or trust indenture. (b) The authority, every
water system or fire protection facility owned by the authority or leased or subleased to
a county, and the rates and charges thereof shall be exempt from all jurisdiction of and all
regulation and supervision by the Alabama Public Service Commission and neither a public hearing
nor the consent of the Department of Finance shall be prerequisite to any transaction between
or with the authority and the county or between the authority or the county and any vendor,
vendee, lessor, or lessee to or from the authority. (Act 89-188, p. 169,...
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11-32-7
Section 11-32-7 Powers of authority. (a) The authority shall exercise powers and duties
necessary to the discharge of its powers and duties in corporate form as follows: (1) Have
succession by its corporate name in perpetuity subject to Section 11-32-20. (2) Sue
and be sued in its own name in civil suits and actions and defend suits against it. (3) Adopt
and make use of a corporate seal and alter the same at its pleasure. (4) Adopt and alter bylaws
for the regulation and conduct of its affairs and business. (5) Acquire, receive, take, by
purchase, gift, lease, devise, or otherwise, and 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 county. (6) Make, enter into, and execute contracts,
agreements, leases, and other instruments and take other actions as may be necessary or convenient
to accomplish any purpose for which the authority was organized, or exercise any...
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11-54-187
Section 11-54-187 Freedom of authority from state supervision and control. This article
is intended to aid the state through the furtherance of the purposes of the article by providing
appropriate and independent instrumentalities of the state with full and adequate powers to
fulfill their functions. Except as expressly provided in this article, no proceeding, notice,
or approval shall be required for the incorporation of any authority or the amendment of its
certificate of incorporation, the issuance of any bonds, the execution of any mortgage and
deed of trust or trust indenture, or the exercise of any other of its powers by an authority.
Neither a public hearing nor the consent of the State Department of Finance shall be prerequisite
to the issuance of bonds by an authority. (Acts 1980, No. 80-648, p. 1235, §18.)...
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16-18-3
Section 16-18-3 Procedure to incorporate. (a) By proceeding in the manner set forth
herein, any number of natural persons, not less than three, may incorporate an educational
building authority as a public corporation and as a political subdivision of the state. The
said natural persons shall first file with the governing body of any municipality the proposed
form of the certificate of incorporation of the authority, together with a written application
seeking permission to apply for the incorporation of an authority for such municipality. Every
such application shall also be accompanied by such supporting documents or evidence as the
applicants may consider appropriate to show the need for an authority for the said municipality.
The said governing body shall consider the said application and shall find and determine whether
it is wise, expedient, necessary or advisable that the authority be formed; if the said governing
body finds and determines that it is not wise, expedient,...
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45-23A-91.17
Section 45-23A-91.17 Freedom of authority from state supervision and control. This part
is intended to aid the state through the furtherance of the purposes of the part by providing
an appropriate and independent instrumentality of the state with full and adequate powers
to fulfill its functions. Except as expressly provided in this part, no proceeding, notice,
or approval shall be required for the incorporation of the authority or the amendment of its
certificate of incorporation, the issuance of any bonds, the execution of any mortgage and
deed of trust or trust indenture, or the exercise of any other of its powers by the authority.
Neither a public hearing nor the consent of the State Department of Finance shall be a prerequisite
to the issuance of bonds by the authority. The authority shall hold a public hearing before
approving or obligating the expenditure of any tax revenues received by the authority from
the city, any county, the state, or federal governments. Such notice shall...
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45-35A-52.17
Section 45-35A-52.17 Freedom of authority from state supervision and control. (a) This
part is intended to aid the state through the furtherance of the purposes of this part by
providing an appropriate and independent instrumentality of the state with full and adequate
powers to fulfill its functions. Except as expressly provided in this part, no proceeding,
notice, or approval shall be required for the incorporation of the authority or the amendment
of its certificate of incorporation, the issuance of any bonds, the execution of any mortgage
and deed of trust or trust indenture, or the exercise of any other of its powers by the authority.
Neither a public hearing nor the consent of the State Department of Finance shall be prerequisite
to the issuance of bonds by the authority. (b) The authority shall hold a public hearing before
approving or obligating the expenditure of any tax revenues received by the authority from
the city, any county, the state, or federal governments. Such...
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45-41A-10.17
Section 45-41A-10.17 Freedom of the authority from state supervision and control. This
part is intended to aid the state through the furtherance of the purposes of the part by providing
an appropriate and independent instrumentality of the state with full and adequate powers
to fulfill its functions. Except as expressly provided in this part, no proceeding, notice,
or approval shall be required for the incorporation of the authority or the amendment of its
certification of incorporation, the issuance of any bonds, the execution of any mortgage and
deed of trust or trust indenture, or the exercise of any other of its powers by the authority.
Neither a public hearing nor the consent of the State Department of Finance shall be prerequisite
to the issuance of bonds by the authority. The authority shall hold a public hearing before
approving or obligating the expenditure of any tax revenues received by the authority from
the city, any county, the state, or federal governments. Such notice...
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45-41A-40.17
Section 45-41A-40.17 Freedom of the authority from state supervision and control. This
part is intended to aid the state through the furtherance of the purposes of this part by
providing an appropriate and independent instrumentality of the state with full and adequate
powers to fulfill its functions. Except as expressly provided in this part, no proceeding,
notice, or approval shall be required for the incorporation of the authority or the amendment
of its certificate of incorporation, the issuance of any bonds, the execution of any mortgage
and deed of trust or trust indenture, or the exercise of any other of its powers by the authority.
Neither a public hearing nor the consent of the State Department of Finance shall be a prerequisite
to the issuance of bonds by the authority. The authority shall hold a public hearing before
approving or obligating the expenditure of any tax revenues received by the authority from
the city, any county, the state, or federal governments. Such notice...
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45-8A-111.17
Section 45-8A-111.17 Freedom of authority from state supervision and control. This part
is intended to aid the state through the furtherance of the purposes of the part by providing
an appropriate and independent instrumentality of the state with full and adequate powers
to fulfill its functions. Except as expressly provided in this part, no proceeding, notice,
or approval shall be required for the incorporation of the authority or the amendment of its
certificate of incorporation, the issuance of any bonds, the execution of any mortgage and
deed of trust or trust indenture, or the exercise of any other of its powers by the authority.
Neither a public hearing nor the consent of the State Department of Finance shall be a prerequisite
to the issuance of bonds by the authority. The authority shall hold a public hearing before
approving or obligating the expenditure of any tax revenues received by the authority from
the city, any county, the state, or federal governments. Such notice shall...
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