10A-20-5.01
Section 10A-20-5.01 Amendment of charter; fees for filing same; certified copy thereof.
(a) Any educational institution heretofore incorporated under special act of the Legislature
or under the general laws of the state may amend its charter as follows: (1) The trustees
of the corporation must adopt a resolution embracing the desired amendment of the charter,
which must be spread upon the minutes of the trustees; (2) If the trustees are not self-perpetuating,
but are appointed or elected by any persons or organization other than the trustees themselves,
a resolution embracing the desired amendments to the charter shall be submitted to the persons
or organization having the power to elect or appoint the trustees, and the resolution shall
be approved by the persons or organization having the power to elect or appoint the trustees;
(3) The resolution must then be submitted to the Governor, together with the approval of the
persons or organization having the power to appoint or elect the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-20-5.01.htm - 2K - Match Info - Similar pages

23-1-175
Section 23-1-175 Powers. The corporation shall have the following powers: (1) To have
succession by its corporate name without time limit; (2) To maintain actions and have actions
maintained 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 construct, reconstruct and relocate, or to cause to be constructed,
reconstructed and relocated, public roads and bridges, including work incidental or related
thereto in the State of Alabama; (5) To receive, take and hold by sale, gift, lease, devise
or otherwise real and personal estate of every description and to manage the same; (6) 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 State of Alabama any real, personal or
mixed property necessary or convenient in connection with the construction of public...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/23-1-175.htm - 3K - Match Info - Similar pages

11-95-8
Section 11-95-8 Bonds of corporation - From what source payable; pledge of revenues;
execution; form, interest rate, maturity, sale, and negotiability; nature of obligation and
source of payment; investment eligibility. (a) All bonds issued by a corporation shall be
payable solely from one or more of the following sources as may be designated in the proceedings
of the board under which such bonds shall be authorized to be issued: (1) Hospital taxes;
and (2) Revenues from any hospital facilities owned or operated by it. (b) The principal of
and interest on any bonds issued by a corporation shall be secured by a pledge of the designated
revenues and may be secured by a trust indenture evidencing such pledge or by a non-foreclosable
mortgage and deed of trust conveying as security for such bonds all or any part of the property
of the corporation from which any part of the designated revenues so pledged may be derived.
The resolution of the board under which the bonds are authorized to be...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-95-8.htm - 4K - Match Info - Similar pages

41-9-326
Section 41-9-326 Acquisition of property; borrowing of money and issuance of revenue
bonds. (a) The commission is authorized to take possession under a lease or a deed of the
land and other property in the County of Tuscaloosa, known as "old Tannehill Furnace,"
which is now owned by the University of Alabama, and the Board of Trustees of the University
of Alabama is hereby authorized, in its discretion, to lease or to deed in fee simple such
lands and appurtenances thereto to the commission. Such board of trustees may also sell, give
or lend any other relics of old-style iron making or other items appropriate for display along
with or as a part of a display or exhibit of iron making. The commission is further authorized
to lease, accept as a gift or loan or otherwise acquire any other property, real or personal,
including gifts or bequests of money or other things of value to be used in fulfilling the
purpose for which it is established or for any auxiliary purpose incidental or...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-9-326.htm - 1K - Match Info - Similar pages

11-56-8
Section 11-56-8 Powers generally. The corporation 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 until 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 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, whether by purchase, gift, lease, devise, or otherwise
property of every description which the board may deem necessary to the acquisition, construction,
improvement, enlargement, operation, or maintenance of a project and to hold title thereto;
(6) To construct, enlarge, equip, improve, maintain, and operate one or more projects; (7)
To borrow money for any of its corporate purposes and to sell and issue...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-56-8.htm - 2K - Match Info - Similar pages

11-57-8
Section 11-57-8 Powers - Generally. The authority shall have the following powers and
capacities, among others specified in this chapter, together with all powers incidental thereto
or necessary to the discharge thereof: (1) To have succession by its corporate name until
dissolved as provided in this chapter; (2) To sue others and to prosecute civil actions; (3)
To be sued by others in any form of litigation other than an action ex delicto and to defend
any litigation brought against it; (4) To have and use a corporate seal and to alter the same
at pleasure; (5) To adopt and alter bylaws for the regulation and conduct of its affairs and
business; (6) To acquire, whether by purchase, gift, lease, devise, or otherwise, property
of every description which the board may deem necessary or desirable to the acquisition, construction,
reconstruction, improvement, enlargement, equipment, operation, or maintenance of a project
and to hold title thereto; (7) To construct, enlarge, improve, equip,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-57-8.htm - 2K - Match Info - Similar pages

37-5-3
Section 37-5-3 Purpose and general powers. A district shall be created for the purpose
of conducting and operating a utility and, to carry out such purpose, shall have power and
authority to acquire, construct, reconstruct, operate, maintain, extend or improve any utility
within or without the district and to furnish, deliver and sell to the public and to any municipality
and to the state and any public institution heat, light and power service and any other service,
commodity or facility which may be produced or furnished in connection therewith. For said
purposes the district is granted and shall have and exercise the right freely to use and occupy
any public highway, street, way or place reasonably necessary to be used or occupied for the
maintenance and operation of such utility or any part thereof, subject to such local regulations
as may be imposed in connection therewith by any regulations of the governing body of the
municipality in which such highway, street, way or place is...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/37-5-3.htm - 2K - Match Info - Similar pages

16-18A-4
Section 16-18A-4 Powers and duties. The purpose of the authority shall be to assist
institutions for higher education in the construction, financing and refinancing of the projects.
The exercise by the authority of the powers conferred by this chapter shall be deemed and
held to be the performance of an essential public function. For the purpose of this chapter,
the authority shall have the powers and duties set forth in this section. (1) To adopt
an official seal and alter the same at its pleasure. (2) To sue and be sued in contract and
in tort and to complain and defend in all courts of law and equity. (3) To maintain an office
at such place or places as it may designate. (4) To determine the location and character of
any project financed under this chapter, to acquire, construct, reconstruct, remodel, maintain,
manage, enlarge, alter, add to, repair, operate, lease as lessee or lessor, sell or otherwise
dispose of, any project in any manner it deems to the best advantage of the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-18A-4.htm - 6K - Match Info - Similar pages

22-21-179
Section 22-21-179 Powers of corporation. The corporation shall have all the powers and
authority inhering in, or conferred upon, counties in the State of Alabama operating public
hospitals, except as otherwise provided, as well as the following specific 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 Section
22-21-191; (2) Subject to the limitations contained in the provisions of this section,
to maintain actions and have actions maintained against it in its own name in civil, including
ex delicto and ex contractu, actions; (3) To adopt and make use of a corporate seal and to
alter the same at pleasure; (4) To adopt bylaws and amend the same; (5) To receive, acquire,
take and hold, whether by purchase, gift, lease, devise or otherwise, real and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-21-179.htm - 5K - Match Info - Similar pages

11-32-9
Section 11-32-9 Bonds - Form and execution; sale; obligations; notice. (a) All bonds
issued by the authority shall be signed by the chair, vice chair, or executive director and
attested by its secretary or assistant secretary, and the seal of the authority shall be affixed
thereto except that a facsimile of the signature of the officers may be printed or otherwise
reproduced on any of the bonds in lieu of being manually subscribed on the bonds, a facsimile
of the seal of the authority may be printed or otherwise produced on the bonds in lieu of
being manually affixed thereto, if the bonds have been manually authenticated by a transfer
agent of the bond issue. Delivery of executed bonds shall be valid notwithstanding any changes
in officers or in the seal of the authority after the signing and sealing of the bonds. The
bonds may be executed and delivered by the authority at any time and from time to time, shall
be in the form and denominations and of the tenor and maturities, shall...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-32-9.htm - 6K - Match Info - Similar pages