45-49A-64.13
Section 45-49A-64.13 Cooperation; aid from other public bodies. For the purpose of securing
public transportation or aiding or cooperating with the authority in the planning, development,
undertaking, construction, acquisition, extension, improvement, operation, or protection of
transit systems, any county, municipality, or other political subdivision, public corporation,
agency, or instrumentality of this state, upon such terms and with or without consideration,
as it may determine may do all of the following: (1) Lend or donate money to, or perform services
for the benefit of, the authority. (2) Donate, sell, convey, transfer, lease, or grant to
the authority, without the necessity of authorization at any election of qualified voters,
any property or any kind including, but without limitation, any transit systems, any interest
in any thereof, and any franchise. (3) Provide that all or a portion of the taxes or funds
available or to become available to, or required by law to be used...
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11-49B-13
Section 11-49B-13 Cooperation; aid from other public bodies. A county, municipality, or other
political subdivision, public corporation, agency, or instrumentality of this state may, for
the purpose of securing public transportation or aiding or cooperating with the authority
in the planning, development, undertaking, construction, acquisition, extension, improvement,
operation, or protection of transit systems, upon any terms and with or without consideration,
may: (1) Lend or donate money to, or perform services for the benefit of the authority. (2)
Donate, sell, convey, transfer, lease, or grant to the authority, without the necessity of
authorization at any election of qualified voters, any property of any kind, including, but
without limitation, any transit systems, any interest in any thereof, and any franchise. (3)
Provide that all or a portion of the taxes or funds available or to become available to, or
required by law to be used by it for public transportation service or for...
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11-50-314
Section 11-50-314 Powers of corporation generally; provisions in mortgages, deeds of trust,
or pledge agreements executed by corporation as to rights of parties thereto, etc. (a) Each
corporation formed or the certificate of incorporation of which is amended under this article
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 in perpetuity) specified in its certificate of incorporation
or until dissolved as provided in this article; (2) To sue and be sued and to defend civil
actions against it; (3) To make use of a corporate seal and to alter the same at pleasure;
(4) To acquire, purchase, construct, operate, maintain, enlarge, extend, and improve any system
or systems, the operation of which is provided for in the certificate of incorporation of
such corporation or in any amendment thereto (whether or not such system or...
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11-89A-2
Section 11-89A-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 11-89A-3. (2) AUTHORITY. Any public
corporation organized pursuant to the provisions of this chapter. (3) AUTHORIZING RESOLUTION.
A resolution or ordinance adopted by the governing body of any county or municipality in accordance
with the provisions of Section 11-89A-3, that authorizes the incorporation of an authority.
(4) BOARD. The board of directors of an authority. (5) BONDS. Bonds, notes, or other obligations
representing an obligation to pay money. (6) COSTS. As applied to a facility or any portion
thereof, such term shall include all or any part of the cost of...
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41-10-146
Section 41-10-146 Loans, sales, grants, etc., of money, property, etc., to authority by counties,
municipalities, etc. For the purpose of effecting the restoration, renovation, preservation,
improvement, protection or maintenance of, or interest in, any public or private property
that has been listed in the National Register of Historic Places, any county, municipality
or other political subdivision, public corporation, agency or instrumentality of this state
may, upon such terms and with or without consideration, as it may determine: (1) Lend or donate
money to or perform services for the benefit of an authority; (2) Donate, sell, convey, transfer,
lease or grant to an authority, without the necessity of authorization at any election of
qualified voters, any property of any kind, any interest therein and any franchise; and (3)
Do any and all things, whether or not specifically authorized in this article and not otherwise
prohibited by law, that are necessary or convenient in...
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45-29-140.06
Section 45-29-140.06 Financial powers and rights. (a) The authority organized or operating
pursuant to this article, in addition to all other powers now or hereafter granted by law,
shall have the following powers and rights: (1) To borrow money for use for any of its corporate
purposes. (2) To sell, transfer, convey, grant options to purchase, or lease all or any part
of its system or systems for such consideration and on such terms as it shall deem advisable
and in the best interest of the authority. (3) To consent and agree to the assignment or payment
of any income received from the investment of any moneys of funds of the authority to any
other public corporation or public entity including, without limitation, the county or the
State of Alabama. (4) To loan or advance its funds to any person at such, if any, interest
as it shall determine, for the purpose of financing the construction of a system or any part
thereof. (5) To contract with others for the construction of all or any...
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45-38-141.06
Section 45-38-141.06 Financial powers and rights. (a) The authority organized or operating
pursuant to this part, in addition to all other powers now or hereafter granted by law, shall
have the following powers and rights: (1) To borrow money for use for any of its corporate
purposes. (2) To sell, transfer, convey, grant options to purchase, or lease all or any part
of its system or systems for such consideration and on such terms as it shall deem advisable
and in the best interest of the authority. (3) To consent and agree to the assignment or payment
of any income received from the investment of any moneys or funds of the authority to any
other public corporation or public entity, including, without limitation, the county or the
State of Alabama. (4) To loan or advance its funds to any person at such, if any, interest
as it shall determine, for the purpose of financing the construction of a system or any part
thereof. (5) To contract with others for the construction of all or any...
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45-47-250.06
Section 45-47-250.06 Additional powers and rights. (a) The authority organized or operating
pursuant to this article, in addition to all other powers now or hereafter granted by law,
shall have the following powers and rights: (1) To borrow money for use for any of its corporate
purposes. (2) To sell, transfer, convey, grant options to purchase, or lease all or any part
of its system or systems for such consideration and on such terms as it shall deem advisable
and in the best interest of the authority. (3) To consent and agree to the assignment or payment
of any income received from the investment of any moneys or funds of the authority to any
other public corporation or public entity including, without limitation, the county or the
State of Alabama. (4) To loan or advance its funds to any person at such, if any, interest
as the authority shall determine, for the purpose of financing the construction of a system,
or any part thereof. (5) To contract with others for the construction of...
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45-25-250.05
Section 45-25-250.05 Additional powers and rights. (a) The authority organized or operating
pursuant to this article shall, in addition to all other powers now or hereafter granted by
law, have the following powers and rights: (1) To borrow money for use for any of its corporate
purposes. (2) To sell, transfer, convey, grant options to purchase, or lease all or any part
of its system or systems for such consideration and on such terms as it shall deem advisable
and in the best interest of the authority. (3) To consent and agree to the assignment or payment
of any income received from the investment of any moneys or funds of the authority to any
other public corporation or public entity, including, without limitation, the county, of the
State of Alabama. (4) To loan or advance its funds to any person, at such, if any, interest
as it shall determine, for the purpose of financing the construction of a system or any part
thereof. (5) To contract with others for the construction of all or...
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45-36-252.05
Section 45-36-252.05 Additional powers and rights. (a) The authority organized or operating
pursuant to this part, in addition to all other powers now or hereafter granted by law, shall
have the following powers and rights: (1) To borrow money for use for any of its corporate
purposes. (2) To sell, transfer, convey, grant options to purchase, or lease all or any part
of its system or systems for such consideration and on such terms as it shall deem advisable
and in the best interest of the authority. (3) To consent and agree to the assignment or payment
of any income received from the investment of any moneys or funds of the authority to any
other public corporation or public entity, including, without limitation, the county, of the
State of Alabama. (4) To loan or advance its funds to any person, at such, if any, interest
as it shall determine, for the purpose of financing the construction of a system or any part
thereof. (5) To contract with others for the construction of all or any...
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