11-59-2
Section 11-59-2 Legislative intent; construction of chapter generally. (a) It is the intention of the Legislature by the passage of this chapter to authorize the incorporation in the several cities and towns in this state of public corporations for the purpose of owning and operating and contracting with others for the operation of such facilities as may be specified in the certificate of incorporation of the corporation or any amendment thereto and to vest such corporations with all powers that may be necessary to enable them to accomplish any such purpose, including the power to issue their revenue bonds and to mortgage such properties and pledge the revenues derived therefrom as security therefor. (b) This chapter shall be liberally construed in conformity with the said intention. (Acts 1947, No. 231, p. 94, §2.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-59-2.htm - 1K - Match Info - Similar pages
11-15-2
Section 11-15-2 Legislative intent; construction of chapter. It is the intention of the Legislature by the passage of this chapter to authorize the incorporation in each county in which proceedings shall be taken pursuant to the provisions of this chapter of a public corporation as a political subdivision of the state for the purpose of providing buildings for use by the county in the performance of its governmental and public functions and to invest such corporation with all powers that may be necessary to enable it to accomplish such purpose, including the power to lease its properties and to issue interest-bearing revenue warrants. This chapter shall be liberally construed in conformity with the said intent. (Acts 1951, No. 682, p. 1172, §2.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-15-2.htm - 1K - Match Info - Similar pages
11-56-2
Section 11-56-2 Legislative intent; construction of chapter generally. (a) It is the intention of the Legislature by the passage of this chapter to empower each incorporated city and town in the state to authorize the incorporation of one or more corporations as political subdivisions of the state for the purpose of providing buildings and facilities for lease to and use by the municipality, the county, or any public corporation in the performance of their respective public functions or for lease to and use by the United States, and to invest each corporation organized under this chapter with all powers that may be necessary to enable it to accomplish such purchase, including the power to lease its properties and to issue interest-bearing revenue bonds. (b) This chapter shall be liberally construed in conformity with the said intent. (Acts 1955, No. 493, p. 1116, §2; Acts 1956, 1st Ex. Sess., No. 127, p. 182, §2.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-56-2.htm - 1K - Match Info - Similar pages
11-57-2
Section 11-57-2 Legislative intent; construction of chapter generally. (a) It is the intention of the Legislature by the passage of this chapter to empower each incorporated municipality in the state to authorize the incorporation of one or more public corporations as political subdivisions of the state for the purpose of providing public library facilities for lease to and use by the municipality, to invest each corporation organized under this chapter with all powers that may be necessary to enable it to accomplish such purposes, including the power to lease its properties and to issue interest-bearing revenue bonds and to grant to each such municipality power to rent such public library facilities on a year to year basis. (b) This chapter shall be liberally construed in conformity with the said intent. (Acts 1961, No. 895, p. 1407, §1; Acts 1961, Ex. Sess., No. 289, p. 2335, §1.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-57-2.htm - 1K - Match Info - Similar pages
23-6-2
Section 23-6-2 Purposes of public corporation; supervision of construction by State Department of Transportation; department's power to assign, contract, etc., construction work; construction of chapter. It is the intention of the Legislature to authorize the incorporation of a public corporation for all of the following purposes: (1) To issue bonds to assure the availability of funds for payment of the cost of constructing industrial access roads and bridges as shall from time to time be constructed. (2) To use an annual appropriation from the state Public Road and Bridge Fund to assure the availability of funds for the cost of constructing industrial access roads and bridges as shall from time to time be constructed. (3) To construct industrial access roads and bridges through a corporation to be composed of the officials whose incorporation is hereby authorized. (4) To vest in the corporation all powers, authorities, rights, privileges, and titles necessary to enable it to...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/23-6-2.htm - 1K - Match Info - Similar pages
22-21-171
Section 22-21-171 Purpose and construction of article. It is the intention of the Legislature by the passage of this article to authorize in each of the several counties of the state the organization of a public corporation or corporations for the purpose of acquiring, owning and operating public hospitals and other health-care and related facilities in the county in which such corporation shall be organized. It is the legislative intent to confer on corporations organized under this article all the powers requisite for the fulfillment of the purposes of their organization, including the power to do whatever financing may be necessary to accomplish such purposes. This article shall be liberally construed to give effect to its purpose. Corporations organized under this article shall be public, nonprofit corporations, and no part of the net earnings thereof shall inure to the benefit of any individual or private corporation. (Acts 1975, 3rd Ex. Sess., No. 183, p. 442, §1.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-21-171.htm - 1K - Match Info - Similar pages
22-21-71
Section 22-21-71 Purpose and construction of division. It is the intention of the Legislature by the passage of this division to authorize in each of the several counties of the state the organization of one or more public corporations for the purpose of acquiring, owning and operating public hospitals and other public health facilities in the county in which such corporation shall be organized, or in a portion of the said county. It is the legislative intent to confer on corporations organized under this division all the powers requisite for the fulfillment of the purposes of their organization, including the power to do whatever financing may be necessary to accomplish such purposes. This division shall be liberally construed to give effect to its purpose. Corporations organized under this division shall be nonprofit corporations, and no part of the net earnings thereof shall inure to the benefit of any member thereof or other individual or private corporation. (Acts 1949, No. 46, p....
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-21-71.htm - 1K - Match Info - Similar pages
33-16-2
Section 33-16-2 Legislative intent; construction of chapter. The Legislature hereby makes the findings of facts and declaration of intent hereinafter set forth in this section. The construction of a navigable waterway between Montgomery and Gadsden and to the Alabama-Georgia boundary, utilizing the channel of the Coosa River, would provide a new transportation route of great importance and would stimulate the development of commerce, agriculture and industry in many sections of the state. It is the intention of the Legislature by the passage of this chapter to implement the provisions of Amendment No. 287 of the Constitution of Alabama. In order to further the developments herein found to be beneficial, it is the intention of the Legislature to authorize the formation of a public corporation for the following purposes: (1) To cooperate with the United States, the State of Alabama, other participating states, counties and municipalities, with all agencies, departments and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/33-16-2.htm - 3K - Match Info - Similar pages
41-10-391
Section 41-10-391 Legislative findings of fact and declaration of intent; construction of article. The Legislature hereby makes the following findings of fact and declares its intent to be: Supercomputer technology is expected to have a significant impact on the research capabilities of research institutions, governmental agencies and private industries. The police power of the state authorizes the state to promote the prosperity and general welfare of its citizens. The development of supercomputer technology will greatly enhance research capabilities of the state's major research institutions and governmental agencies, and will attract industry to the state. For these reasons, it is the intent of the Legislature by the passage of this article to exercise its police power to authorize the incorporation by the Governor, the Director of Finance, the Secretary of the Alabama Department of Commerce, the Lieutenant Governor and the Speaker of the House, of a public corporation for the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-391.htm - 2K - Match Info - Similar pages
11-65-1
Section 11-65-1 Legislative declarations and findings. The Legislature hereby finds and declares as follows: (1) As the basis for enacting Act No. 84-131, the Legislature found and determined that the conduct within Class 1 municipalities in the state of horse racing events and pari-mutuel wagering thereon will generate additional revenues for governmental and charitable purposes, provide additional jobs for the residents of the state and benefit the businesses related to tourism and recreation within any such municipality and throughout the surrounding areas of the state; it is desirable to permit the qualified voters of any Class 1 municipality to determine through referendum whether horse racing and pari-mutuel wagering thereon will be permitted in such municipality; and for each Class 1 municipality in which horse racing is approved by the voters thereof, it is necessary and desirable to provide for the establishment of a racing commission to regulate horse racing and pari-mutuel...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-65-1.htm - 18K - Match Info - Similar pages
|