Code of Alabama

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11-54-122
Section 11-54-122 Additional powers of industrial development boards; powers with respect to
ancillary facilities. In addition to all other powers at any time conferred on it by law,
each industrial development board shall have the following powers: (1) To acquire, whether
by construction, purchase, exchange, gift, lease, or otherwise, and to enlarge, improve, replace,
equip, and maintain, one or more ancillary facilities, including all real and personal
properties deemed necessary or desirable in connection therewith, and to sell and issue its
bonds for any of such purposes; (2) To lease to others and otherwise dispose of all or any
portion of any ancillary facility, provided that an industrial development board may operate
and use any ancillary facility, or any part thereof, intended for its own use; and (3) To
exercise with respect to any ancillary facility, and each part thereof, any and all powers
that are conferred on industrial development boards by the Industrial Development...
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22-32-1
Section 22-32-1 Enactment of Southeast Interstate Low-Level Radioactive Waste Management Compact.
The Southeast Interstate Low-Level Radioactive Waste Management Compact is hereby enacted
into law and entered into by the State of Alabama with any and all states legally joining
therein in accordance with its terms, in the form substantially as follows: SOUTHEAST INTERSTATE
LOW-LEVEL RADIOACTIVE WASTE MANAGEMENT COMPACT Article I. Policy and Purpose There is hereby
created the Southeast Interstate Low-Level Radioactive Waste Management Compact. The party
states recognize and declare that each state is responsible for providing for the availability
of capacity either within or outside the state for the disposal of low-level radioactive waste
generated within its borders, except for waste generated as a result of defense activities
of the federal government or federal research and development activities. They also recognize
that the management of low-level radioactive waste is handled most...
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11-54-127
of incorporation to the contrary, any industrial development board shall have all of the following
powers, together with all powers incidental thereto or necessary to the discharge thereof
in corporate form: (1) To create or establish one or more endowment trust funds. (2) To receive
and accept from any private source, for the account of any endowment trust fund so created
or established by it, contributions in the form of gifts of money, stocks, bonds, and other
debt securities, other personal property, whether tangible or intangible, and real
property of any description, subject, in the case of any such contribution, to any lawful
condition to the use thereof that is specified by the donor thereof and that is not inconsistent
with the provisions of this division. (3) To deposit, or to cause to be deposited, into any
endowment trust fund created by it any moneys derived by the board from the leasing or sale
of any project or otherwise received by the board in connection with the...
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11-94-1
commission and, with respect to a municipality, the council, commission or other governing
body of such municipality. (7) MUNICIPALITY. Any incorporated city or town in this state.
(8) INDENTURE. Any mortgage, indenture of mortgage, deed of trust, trust agreement or trust
indenture executed by an authority as security for its bonds. (9) PROJECT. a. Any land, any
interest in land, any building, structure, or improvement thereon, any machinery, equipment,
furniture, furnishings, facility or personal property, or any of them, which, in the
judgment of the board of an authority is suitable for use by the authority in carrying out
its powers and the functions authorized by this chapter, including, without limitation, ports,
docks, and all kinds of dock facilities, water and rail terminals and facilities, wharves,
piers, berths, quays, loading and unloading facilities and other related facilities, marinas,
boating facilities, facilities for aquatic entertainment and sports, facilities for...
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33-12-5
grants or other assistance from federal, state and local governments or from agencies of such
governments and by issuing in its own name revenue bonds pledging a portion of the revenues
from such facilities. f. Arrange with any city, county, municipality or supplier of utilities
for the abandonment, relocation or other adjustment of roads, highways, bridges and utility
lines. (3) LAND ACQUISITION. The agency may acquire by purchase, lease, gift or condemnation
property of any kind, real, personal or mixed, or any interest therein, that the board
deems necessary or convenient to the exercise of its powers or functions; provided, that acquisition
by condemnation shall be limited to land, rights in land, including leaseholds and easements,
and water rights in the Alabama portion of the Elk River Watershed that the board determines
to be necessary to the control and optimum development of the Elk River. The amount and character
of the interests in land, rights in land and water rights...
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9-18-1
this compact any and all donations, and grants of money, equipment, supplies, materials, and
services (conditional or otherwise) from any state or the United States or any subdivision
or agency thereof, or interstate agency, or from any institution, person, firm, or corporation,
and may receive, utilize and dispose of the same. "(i) The board may establish and maintain
such facilities as may be necessary for the transacting of its business. The board may acquire,
hold, and convey real and personal property and any interest therein. "(j) The
board shall adopt bylaws, rules, and regulations for the conduct of its business, and shall
have the power to amend and rescind these bylaws, rules, and regulations. The board shall
publish its bylaws, rules, and regulations in convenient form and shall file a copy thereof,
and shall also file a copy of any amendment thereto, with the appropriate agency or officer
in each of the party states. "(k) The board annually shall make to the governor of...

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9-18A-1
under this compact any and all donations and grants of money, equipment, supplies, materials
and services (conditional or otherwise) from any state or the United States or any subdivision
or agency thereof, or interstate agency, or from any institution, person, firm or corporation,
and may receive, utilize and dispose of the same. "(i) The board may establish and maintain
such facilities as may be necessary for the transacting of its business. The board may acquire,
hold and convey real and personal property and any interest therein. "(j) The
board shall adopt bylaws, rules and regulations in convenient form, and shall also file a
copy of any amendment thereto, with the appropriate agency or officer in each of the party
states. "(k) The board annually shall make to the governor of each party state, a report
covering the activities of the board for the preceding year, and embodying such recommendations
as may have been adopted by the board, which report shall be transmitted to the...
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10A-20-7.04
charges for interest and service connected therewith; provided, however, that the corporation
shall not approve any application for a loan unless and until the person applying for the
loan shall show that the person has applied for the loan through ordinary banking channels
and that the loan has been refused by at least one bank or other financial institution. (4)
To purchase, receive, hold, lease, or otherwise acquire and to sell, convey, transfer, lease,
or otherwise dispose of real and personal property, together with the rights and privileges
as may be incidental and appurtenant thereto and the use thereof, including, but not restricted
to, any real or personal property acquired by the corporation from time to time in
the satisfaction of debts or enforcement of obligations. (5) To acquire the goodwill, business,
rights, real and personal property, and other assets, or any part thereof or interest
therein, of any persons, firms, corporations, joint-stock companies, associations,...
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41-10-725
for the construction industry and the users of the construction industry. (2) To educate the
public about career opportunities as craft trade workers in the construction industry. (3)
To acquire, receive, and take title to, by purchase, gift, lease, license, devise, or otherwise,
to hold, keep, improve, maintain, equip, furnish, develop, and to transfer, convey, donate,
sell, lease, license, grant options to, assign, or otherwise dispose of property of every
kind and character, real, personal, mixed, tangible and intangible, and any and every
interest therein, to any person or entity. (4) To accept gifts, grants, bequests, or devises
of money and tangible and intangible property. (5) To make and alter bylaws, not inconsistent
with the provisions of this division or laws of the State of Alabama, for the administration
and regulation of the affairs of the institute. (6) To make, enter into, and execute contracts,
agreements, leases, licenses, or other legal arrangements and to...
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11-54-88
Section 11-54-88 Additional powers as to pollution control facilities. (a)(1) In addition to
all other powers at any time conferred on them by law, each industrial development board shall
have the following powers: a. To acquire, whether by construction, purchase, exchange, gift,
lease, or otherwise and to enlarge, improve, replace, equip, and maintain one or more pollution
control facilities, including all real and personal properties deemed necessary or
desirable in connection therewith, including the sale and issuance of bonds for any of the
said purposes; b. To lease to others and otherwise dispose of all or any portion of any pollution
control facility; and c. To exercise with respect to any pollution control facility and each
part thereof any and all powers that are conferred on industrial development boards by other
provisions of this division. Each pollution control facility so acquired by any industrial
development board may be a part of another project or may constitute a...
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