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9-8-61
Section 9-8-61 Board of directors - Powers and duties generally. Subject to the approval of
the board of supervisors, the board of directors of a watershed conservancy district shall
have power to: (1) Acquire, by purchase, gift, grant, bequest or devise, or through condemnation
proceedings held in the manner provided by Chapter 1 of Title 18 of this code, such lands
or rights-of-way as are necessary for the exercise of any authorized function of the district;
(2) Construct, improve, operate and maintain such structures as may be necessary for the exercise
of any authorized function of the district; (3) Borrow such money as is necessary for the
purpose of acquiring rights-of-way and establishing, constructing, reconstructing, repairing,
enlarging and maintaining such structures and improvements as are required by the district
in the performance of its functions, and issue, negotiate and sell its bonds as provided in
Section 9-8-62; provided, that all contracts made and all bonds issued...
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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,...
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22-21-137
Section 22-21-137 Powers - Generally. The authority shall have the following powers and capacities,
among others specified in this article, 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 Section 22-21-154; (2) To maintain actions and have actions maintained against
it by others in any form of litigation other than an action ex delicto, and to defend any
litigation brought against it; (3) To have and use 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 or desirable to the acquisition, construction,
reconstruction, improvement, enlargement, equipment, operation or maintenance of a project
and to hold title thereto; (6) To construct, enlarge, improve,...
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10A-20-7.10
Section 10A-20-7.10 Rights to shares, bonds, securities, or other evidences of corporate indebtedness.
(a) Notwithstanding any rule at common law, any provision of any general or special law or
any provision in their respective charters, agreements of association, certificate of formation,
or trust indentures: (1) Any person, including all domestic corporations organized for the
purpose of carrying on business within this state, and further including, without implied
limitation, public utility companies, insurance companies, foreign corporations licensed to
do business within this state, all financial institutions, as defined in Section 10A-20-7.01,
and all trusts, are hereby authorized to acquire, purchase, hold, sell, assign, transfer,
mortgage, pledge, or otherwise dispose of any bonds, securities, or other evidences of indebtedness
created by, or the shares of the capital stock of, the corporation and, while owners of the
stock, to exercise all the rights, powers, and privileges of...
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23-2-144
Section 23-2-144 Powers of the authority. (a) The authority shall have the following powers:
(1) To adopt bylaws for the regulation of its affairs and the conduct of its business. (2)
To adopt an official seal and alter the same at pleasure. (3) To maintain a principal office
and branch offices at the place or places within the state as it may designate. (4) To sue
and be sued in its own name, including suits in tort. (5) With the consent and approval of
the department, to acquire and construct toll road, bridge, or tunnel projects at locations
as the authority may determine to be desirable, practicable, and economically feasible and
to maintain, repair, and operate the projects. (6) To issue toll road, bridge, or tunnel revenue
bonds of the authority for any of its corporate purposes, payable solely from its tolls, other
revenues, and proceeds of the bonds, and to refund its bonds, all as provided in this article.
No bonds issued under the provisions of this article shall constitute a...
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45-36A-104
Section 45-36A-104 Electric power board. (a) As used in this section the words electric board
shall mean the Electric Power Board of the City of Scottsboro, Alabama, in Jackson County,
a corporation organized under Title 37, Section 402 (15), and existing under the authority
of Sections 11-50-310 et al. (b) In addition to all other powers, rights, and authority heretofore
granted by law: (1) The electric board is hereby authorized and empowered to acquire, purchase,
construct, lease, operate, maintain, enlarge, extend, and improve a community antenna television
system, CATV, which may be defined, without limiting the generality, as a facility that in
whole or in part, receives directly, or indirectly, or over the air, and amplifies or otherwise
modifies the signal transmitting programs broadcast by one or more television or radio stations
from any point within this state or any other state and distributes such signals by wire or
cable or any other means to subscribing members of the...
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11-62-7
Section 11-62-7 Powers of authority generally; operation of facilities by authority. (a) Every
authority shall have all of the powers necessary and convenient to carry out and effectuate
the purposes and provisions of this chapter, including, without limiting the generality of
the foregoing, the following powers: (1) To have succession in its corporate name for the
duration of time (which may be in perpetuity, subject to the provisions of Section 11-62-17)
specified in its certificate of incorporation; (2) To sue and be sued in its own name in civil
suits and actions and to defend suits against it; (3) To adopt and make use of a corporate
seal and to alter the same at pleasure; (4) To adopt, alter, and repeal bylaws, regulations,
and rules, not inconsistent with the provisions of this chapter, for the regulation and conduct
of its affairs and business; (5) To acquire, whether by gift, purchase, transfer, foreclosure,
lease, or otherwise, and to expand, improve, maintain, equip, and...
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22-23B-6
Section 22-23B-6 Alabama Drinking Water Finance Authority - Powers. (a) The authority shall
have the following powers, among others specified by or required to implement the provisions
of this chapter: To have succession in its corporate name until the principal of and interest
on all bonds issued by it shall have been fully paid; To sue and be sued and to prosecute
and defend, at law and in equity, in any court having jurisdiction of the subject matter and
of the parties thereto; To have and to use a corporate seal and to alter such seal at pleasure;
To establish a fiscal year; To acquire in any manner and to hold title to or leasehold interests
in real and personal property and to sell, convey or lease the same for purpose of carrying
out its functions and duties hereunder; To construct and operate or lease to or from any public
body any one or more projects; To execute agreements obligating the authority to agree to
pay and to pay such portion of the estimated reasonable cost of the...
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11-96A-3
Section 11-96A-3 Municipalities or counties empowered to take certain actions to carry out
purpose of chapter. The council or other governing body of any municipality, or governing
body of a county in furtherance of the legislative purpose stated above, is empowered to take
the following actions and to the extent necessary or desirable in its judgment to expend its
moneys to accomplish such purpose: (1) To acquire sites for, purchase, construct, own, develop,
operate, survey, subdivide, establish, maintain, refurbish, remodel, or improve single or
multi-family dwellings; (2) To receive designated funds from whatever source, federal, state,
private, or otherwise and to apply such funds for the uses and purposes described in this
chapter; (3) To sell and issue bonds or warrants in order to provide funds for any low or
moderate income single or multi-family housing purpose or to provide funds for any shelter
for the homeless purpose; (4) To purchase mortgage loans from mortgage lenders;...
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16-17A-8
Section 16-17A-8 Powers of authority. (a) An authority shall have and may exercise any power
granted nonprofit corporations under Title 10A, together with all powers incidental thereto
or necessary or desirable to the discharge thereof, including, without limitation, the following
specific powers: (1) To adopt, maintain, and amend bylaws and a corporate seal. (2) To sue
and, subject to the limitations herein, be sued; provided, however, that no authority entitled
to sovereign immunity shall be denied such immunity. (3) To acquire, construct, equip, and
operate those health care facilities it considers necessary or desirable. (4) To enter into
contracts and agreements, borrow money, incur indebtedness, and issue bonds, notes, debt securities,
or any other evidence of indebtedness. (5) To pledge the general credit of the authority or
any revenues or income of the authority to repayment of any of its indebtedness. (6) To mortgage
or pledge its health care facilities or its other assets or...
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