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11-58-5
Section 11-58-5 Powers of corporations generally. Each corporation formed under this chapter
shall have the following powers, together with all the powers incidental thereto or necessary
to the discharge thereof in corporate form: (1) To have succession by its corporate name for
the period specified in the certificate of incorporation (which may be in perpetuity) unless
sooner dissolved as provided in this chapter. (2) To sue and be sued and prosecute and defend
civil actions in any court having jurisdiction of the subject matter and of the parties. (3)
To have and use a corporate seal and to alter it at pleasure. (4) To acquire, whether by purchase,
exchange, lease, construction, or otherwise one or more medical clinics and any necessary
or desirable clinical facilities. a. Any municipal medical clinic shall be located either
within the corporate limits of the municipality or within 15 miles of the corporate limits,
but not within the corporate limits or police jurisdiction of any...
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11-89A-15
Section 11-89A-15 Cooperation, aid, and agreements from and with other bodies. (a) For the
purpose of attaining the objectives of this chapter, any county, municipality, or other political
subdivision, public corporation, agency, or instrumentality of the state, a county or municipality
may, upon such terms and with or without consideration, as it may determine, do any or all
of the following: (1) Lend or donate money to any authority or perform services for the benefit
thereof; (2) Donate, sell, convey, transfer, lease, or grant to any authority, without the
necessity of authorization at any election of qualified voters, any property of any kind;
(3) Do any and all things, whether or not specifically authorized in this section, not otherwise
prohibited by law, that are necessary or convenient to aid and cooperate with any authority
in attaining the objectives of this chapter; and (4) To pay to any authority the proceeds
of any special tax appropriated, apportioned, or allocated to...
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11-92C-23
Section 11-92C-23 Loans, sales, grants, guarantees, and contractual or lease obligations of
money or property. (a) For the purpose of securing services of or the right to use or the
use by its citizens or customers of one or more projects of an authority, a cooperative district
of which the authority is a member, or any private user, or aiding or cooperating with the
authority, a cooperative district of which the authority is a member, or any private user
in the planning, development, undertaking, acquisition, construction, extension, improvement,
financing, operation, or protection of a project, any county, municipality, or other political
subdivision, public corporation, agency, or instrumentality of this state, upon such terms
and with or without consideration, as it determines, may do all of the following: (1) Lend
or donate money to, guarantee all or any part of the indebtedness or operating expense of,
or perform services for the benefit of, the authority, a cooperative district...
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14-2-8
corporate name until the principal of and interest on all bonds issued by it shall have been
fully paid and until it shall have been dissolved as provided in this chapter; (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 thereof; (3) To have and to use a corporate
seal and to alter such seal at pleasure; (4) To establish a fiscal year; (5) To acquire and
hold title to real and personal property and to sell, convey, mortgage, or lease the
same as provided in this chapter; (6) To provide for the acquisition, construction, reconstruction,
alteration, and improvement of facilities and for the procurement of sites and equipment for
such facilities and for the lease thereof; (7) To lease facilities to the state, the department,
and any other agency or instrumentality of the state; (8) To anticipate by the issuance of
its bonds as limited in this chapter the receipt of the rent...
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4-3-11
may be in perpetuity) specified in its certificate of incorporation; (2) To sue and be sued
in its own name in civil suits and 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, 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 undeveloped property owned, leased or controlled
by it; (6) To execute such contracts and other instruments and to take such other action as
may be necessary or convenient to carry out the purposes of this chapter or the exercise of
any power granted hereunder; (7) To plan, establish, develop, acquire, construct,...
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41-10-425
as the authority may deem advisable, including, but without limitation to, insurance and guarantees
against any loss in connection with any of its property or assets, tangible or intangible,
in such amounts and from such public or private entities as it may deem appropriate, and to
pay premiums or other charges for such insurance or guarantees; (8) To acquire by purchase,
gift or any other lawful means, and transfer, convey or cause to be conveyed to the State
of Alabama, any real, personal or mixed property; (9) To make and enter into such contracts,
leases, agreements and other actions as may be necessary or desirable to accomplish any corporate
purpose and to exercise any power necessary for the accomplishment of the purposes of the
authority or incidental to the powers expressly set out herein; (10) To appoint and employ
such attorneys, accountants, technical consultants and other advisors, agents and independent
contractors as may in the judgment of the authority, be...
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41-10-497
in its corporate name until the principal of and interest on all bonds issued by it shall have
been fully paid and until it shall have been dissolved as provided herein; (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 thereof; (3) To have and to use a corporate
seal and to alter such seal at pleasure; (4) To establish a fiscal year; (5) To acquire and
hold title to real and personal property and to sell, convey, mortgage or lease the
same as provided in this article; (6) To provide for the construction, reconstruction, alteration
and improvement of facilities and for the procurement of sites and equipment for such facilities
and for the lease thereof; (7) To lease facilities to the state, or any agency or instrumentality
of the state; (8) To anticipate by the issuance of its bonds, subject to the provisions of
this article, the receipt of the rent and revenues from...
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41-10-552
Section 41-10-552 Publication of notice; time limitation on actions contesting proceedings,
validity of obligations, etc. Upon the adoption by the directors of any resolution providing
for the issuance of authority obligations, the authority may, in its discretion, cause to
be published once a week for two consecutive weeks, in newspapers published or having a general
circulation in the Cities of Birmingham, Montgomery, Huntsville, and Mobile, a notice in substantially
the following form (the blanks being properly filled in) at the end of which shall be printed
the name and title of either the president or the secretary of the authority: "Alabama
Incentives Financing Authority, a public corporation under the laws of the State of Alabama,
on the ___ day of _____, authorized the issuance of $ ______ principal amount of bonds (a
guaranty agreement securing $ _____ principal amount of bonds of ___) for purposes authorized
in Title 41, Chapter 10, Article 16, Division 1 of the Code...
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45-17-90.06
Section 45-17-90.06 Powers and duties. The authority, or its agents and employees as directed,
may do any of the following: (1) Investigate, study, and engage in basic research relative
to the natural resources of land, water, minerals, and people in the cities and counties and
apply its findings and efforts to promote a sound and balanced agricultural, industrial, and
economic development of the cities and counties. (2) Cooperate with municipal, regional, state,
or federal planning entities or other industrial and economic development boards. (3) Publicize
and advertise the industrial, commercial, and agricultural resources and growth opportunities
of the cities and counties. (4) Collect, compile, and distribute literature concerning the
facilities, advantages, and attractions of the cities and counties, the educational, historic,
recreational, and scenic places of interest within the cities and counties, and the air, water,
and highway transportation facilities. (5) Contract with...
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45-39-92.06
Section 45-39-92.06 Powers and duties. The authority, or its agents and employees as directed,
may do any of the following: (1) Investigate, study, and engage in basic research relative
to the natural resources of land, water, minerals, and people in the cities and counties and
apply its findings and efforts to promote a sound and balanced agricultural, industrial, and
economic development of the cities and counties. (2) Cooperate with municipal, regional, state,
or federal planning entities or other industrial and economic development boards. (3) Publicize
and advertise the industrial, commercial, and agricultural resources and growth opportunities
of the cities and counties. (4) Collect, compile, and distribute literature concerning the
facilities, advantages, and attractions of the cities and counties, the educational, historic,
recreational, and scenic places of interest within the cities and counties, and the air, water,
and highway transportation facilities. (5) Contract with...
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