45-8A-20.08
Section 45-8A-20.08 Powers of authority. (a) The authority 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
perpetuity, subject to the provisions of Section 45-8A-20.19) specified in its certificate
of incorporation; (2) To sue and be sued in its own name and to prosecute and defend civil
actions in any court having jurisdiction of the subject matter and of the parties; (3) To
adopt and 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, construction, exchange, gift, lease, or otherwise and to refinance existing indebtedness
on, improve, maintain, equip, and furnish one or more projects, including all real and personal
properties which the board of the authority may deem necessary in...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-8A-20.08.htm - 7K - Match Info - Similar pages

11-92C-8
Section 11-92C-8 Powers of authority. (a) The authority 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,
subject to Section 11-92C-20, specified in its certificate of incorporation. (2) To sue and
be sued in its own name and to prosecute and defend civil actions in any court having jurisdiction
of the subject matter and of the parties; provided that the authority shall be deemed to be
a governmental entity as defined in Chapter 93 of this title for the purpose of limiting the
damages for which the authority may be liable. (3) To adopt and make use of a corporate seal
and to alter the seal at its pleasure. (4) To adopt and alter bylaws for the regulation and
conduct of its affairs and business. (5) To acquire, whether by purchase, construction, exchange,
gift, lease, or otherwise, and to refinance existing...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-92C-8.htm - 12K - Match Info - Similar pages

11-99B-7
Section 11-99B-7 Powers of district generally; power of district to acquire and operate projects;
provisions in schedules of rates and charges generally. Each district 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, subject to the provisions of Section 11-99B-15, specified in its
certificate of incorporation. (2) To sue and to be sued in its own name in civil actions,
and to defend civil actions against it; provided, that the district shall be deemed to be
a "governmental entity" as defined in Chapter 93 of this title, for the purposes
of limiting the damages for which the district and its members may be liable. (3) To adopt
and 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, receive,...

alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-99B-7.htm - 6K - Match Info - Similar pages

37-11A-1
Section 37-11A-1 Execution and text of compact. The Governor, on behalf of this state, shall
execute a compact, in substantially the following form, with the State of Mississippi, and
the Legislature approves and ratifies the compact in the form substantially as follows: Northeast
Mississippi - Northwest Alabama Railroad Authority Compact. The contracting states solemnly
agree: Article I. The purpose of this compact is to promote and develop trade, commerce, industry,
and employment opportunities for the public good and welfare in northeast Mississippi and
northwest Alabama through the establishment of a joint interstate authority to acquire certain
railroad properties and facilities which the operator thereof has notified the Interstate
Commerce Commission of an intention to abandon and which are located in any of Franklin, Marion,
or Winston Counties, Alabama or in Alcorn or Tishomingo Counties, Mississippi. Article II.
This compact shall become effective immediately as to the State...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/37-11A-1.htm - 33K - Match Info - Similar pages

4-3-47
Section 4-3-47 Powers of authority generally. The authority 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; (2) To sue and be sued in its
own name in civil actions, excepting actions in tort against the authority; (3) To adopt and
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, receive, take
and hold, whether by purchase, option to purchase, gift, lease, devise or otherwise, property
of every description, whether real, personal or mixed, whether in one or more counties and
whether within or without the corporate limits of any authorizing subdivision, and to manage
said property and to develop any property and to sell, exchange, lease or...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/4-3-47.htm - 16K - Match Info - Similar pages

11-20-32
Section 11-20-32 Application for authority to incorporate; adoption, etc., of resolution by
governing body authorizing incorporation; incorporation of more than one corporation. Whenever
any number of natural persons, not less than three, shall file with the governing body of
any county of this state an application in writing for authority to incorporate in such county
a public corporation under the provisions of this article, and if it shall be made to appear
to such governing body that each of said persons is a duly qualified elector of and owner
of property in said county and if the governing body of said county shall adopt a resolution
which shall be duly entered upon the minutes of such governing body wherein it shall be found
and determined that it is wise, expedient, necessary or advisable that such a corporation
be formed and that the persons filing said application shall be authorized to proceed to form
such corporation, then said persons shall proceed to organize such...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-20-32.htm - 2K - Match Info - Similar pages

11-22-3
Section 11-22-3 Application for authority to incorporate; resolution of approval; incorporation
of more than one corporation. Whenever any number of natural persons, not less than three,
shall file with the governing body of any county of this state an application in writing for
authority to incorporate in such county a public corporation under the provisions of this
chapter, and shall set forth in said application a brief description of the project to be
acquired or improved by such corporation, and if it shall be made to appear to such governing
body that each of said persons is a duly qualified elector of and owner of property in said
county and if the governing body of said county shall adopt a resolution which shall be duly
entered upon the minutes of such governing body wherein it shall be found and determined that
there is a public need for the proposed project, that it is wise, expedient, necessary, or
advisable that such a corporation be formed and that the persons filing said...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-22-3.htm - 2K - Match Info - Similar pages

11-54-86
Section 11-54-86 Board of directors. The industrial development board shall have a board of
directors in which all powers of the board shall be vested and which shall consist of any
number of directors, not less than seven, five of whom shall be duly qualified electors of
and taxpayers in the municipality. At the discretion of the municipal governing body, all
of the remaining members shall be qualified electors and taxpayers of the municipality, or
up to two of the remaining members may be qualified electors and taxpayers in the area outside
of the corporate limits of the municipality where a project may be located. The directors
shall serve without compensation except that they shall be reimbursed for their actual expenses
incurred in and about the performance of their duties under this article. No director shall
be an officer or employee of the municipality. The directors shall be elected by the governing
body of the municipality, and they shall be so elected that they shall hold...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-54-86.htm - 2K - Match Info - Similar pages

41-10-83
Section 41-10-83 Application for authority to incorporate; adoption by governing body of resolution
authorizing formation of corporation. In the event that any number of natural persons, not
less than three, shall file with the governing body an application in writing for authority
to incorporate a public corporation under the provisions of this article, and it shall be
made to appear to the governing body that each of said persons is a duly qualified elector
of and owner of property in the municipality and the governing body shall duly adopt a resolution
declaring that it will be wise, expedient and necessary or advisable that such corporation
be formed and that the persons filing such application shall be authorized to proceed to form
such corporation, then the said persons shall become the incorporators of and shall proceed
to incorporate the corporation in the manner provided in this article. No corporation shall
be formed under this article unless the application provided for in...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-83.htm - 1K - Match Info - Similar pages

22-21-315
Section 22-21-315 Certificate of incorporation - Amendment; application; approving resolution;
filing and recordation of certificate. (a) The certificate of incorporation of any authority
incorporated under the provisions of this article, as well as that of any public hospital
corporation reincorporated hereunder, may at any time and from time to time be amended, but
only in the manner provided in this section. The board shall first adopt a resolution proposing
an amendment to the certificate of incorporation of the authority, which amendment shall be
set forth in full in the said resolution and which may include any matters that might have
been included in an original certificate of incorporation hereunder. (b) After the adoption
by the board of a resolution proposing an amendment to the certificate of incorporation, the
chairman and the secretary of the authority shall sign and file, with the governing body of
each authorizing subdivision, a written application in the name and on...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-21-315.htm - 3K - Match Info - Similar pages