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11-97-8
Section 11-97-8 Powers of corporation; location of facilities of corporation. (a) Every
corporation 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
11-97-22 hereof) 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, to construct and to expand, improve, operate,...
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16-18A-4
Section 16-18A-4 Powers and duties. The purpose of the authority shall be to assist
institutions for higher education in the construction, financing and refinancing of the projects.
The exercise by the authority of the powers conferred by this chapter shall be deemed and
held to be the performance of an essential public function. For the purpose of this chapter,
the authority shall have the powers and duties set forth in this section. (1) To adopt
an official seal and alter the same at its pleasure. (2) To sue and be sued in contract and
in tort and to complain and defend in all courts of law and equity. (3) To maintain an office
at such place or places as it may designate. (4) To determine the location and character of
any project financed under this chapter, to acquire, construct, reconstruct, remodel, maintain,
manage, enlarge, alter, add to, repair, operate, lease as lessee or lessor, sell or otherwise
dispose of, any project in any manner it deems to the best advantage of the...
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22-21-311
Section 22-21-311 Definitions. (a) The following words and phrases used in this article,
and others evidently intended as the equivalent thereof, shall, in the absence of clear implication
herein otherwise, be given the following respective interpretations herein: (1) APPLICANT.
A natural person who files a written application with the governing body of a county, municipality,
or educational institution, or two or more thereof, in accordance with the provisions of Section
22-21-313. (2) AUTHORITY. A public corporation organized, and any public hospital corporation
reincorporated, pursuant to the provisions hereof. (3) AUTHORIZING RESOLUTION. The resolution
adopted by the governing body of an authorizing subdivision, in accordance with the provisions
of Section 22-21-313 or Section 22-21-341, that authorizes the incorporation
of an authority or the reincorporation of a public hospital corporation. (4) AUTHORIZING SUBDIVISION.
Each county, municipality, and educational institution with...
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33-2-8
Section 33-2-8 General provisions relative to inland waterways improvement bonds and
temporary loans. In order to provide funds for the purposes herein authorized, the Governor
is hereby empowered to execute, with the concurrence of the director of state docks, and to
sell the state's bonds in such amounts, not exceeding in the aggregate the sum of $3,000,000.00
as may be necessary for said purposes, all under and subject to the following provisions:
Said bonds shall be appropriately designated as inland waterways improvement bonds of the
state. The bonds may be issued from time to time in one or more series and the bonds of each
series shall be payable in substantially equal annual installments of principal and interest
at such times as may be designated by the State Docks Department with approval of the Governor;
provided, that the first installment of principal of the bonds of each series must mature
not later than 10 years from the date of such series and the last installment of...
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16-18B-2
Section 16-18B-2 Definitions. Where used in this article the following words and terms
shall be given the following respective meanings unless the context hereof clearly indicates
otherwise: (1) AMENDMENT. The amendment to the constitution of the state authorizing the issuance
of the bonds. (2) CORPORATION. The public corporation authorized to be created by this article.
(3) BOARD OF DIRECTORS. The board of directors of the corporation. (4) BONDS. The bonds issued
under this article. (5) CODE. The Code of Alabama 1975, as amended. (6) GOVERNMENT SECURITIES.
Any bonds or other obligations which as to principal and interest constitute direct obligations
of, or are unconditionally guaranteed by, the United States of America, including obligations
of any federal agency to the extent such obligations are unconditionally guaranteed by the
United States of America and any certificates or any other evidences of an ownership interest
in such obligations of, or unconditionally guaranteed by, the...
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41-10-622
Section 41-10-622 Definitions. When used in this division, the following terms shall
have the following meanings, unless the context clearly indicates otherwise: (1) APPROPRIATED
FUNDS. The tobacco revenues deposited in the special fund to the extent such revenues are
appropriated to the authority pursuant to Section 41-10-630. (2) AUTHORITY. The Alabama
21st Century Authority authorized to be established pursuant to Section 41-10-623.
(3) BONDS. Those bonds, including refunding bonds, issued pursuant to this division. (4) GOVERNMENT
SECURITIES. Any bonds or other obligations which as the principal and interest constitute
direct obligations of, or are unconditionally guaranteed by, the United States of America,
including obligations of any federal agency to the extent such obligations are unconditionally
guaranteed by the United States of America and any certificates or any other evidences of
an ownership interest in such obligations of, or unconditionally guaranteed by, the United...
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9-14A-3
Section 9-14A-3 Definitions. Where used in this chapter the following words and terms
shall be given the following respective meanings unless the context hereof clearly indicates
otherwise: (a) AMENDMENT. Amendment 617 to the Constitution of Alabama of 1901, authorizing
the issuance of the bonds. (b) CORPORATION. The respective public corporations authorized
to be created by this chapter. (c) BOARD OF DIRECTORS. The respective board of directors of
the corporations. (d) BONDS. The bonds issued under the provisions of this chapter. (e) CODE.
The Code of Alabama 1975, as amended. (f) GOVERNMENT SECURITIES. Any bonds or other obligations
which as to principal and interest constitute direct obligations of, or are unconditionally
guaranteed by, the United States of America, including obligations of any federal agency to
the extent the obligations are unconditionally guaranteed by the United States of America
and any certificates or any other evidences of an ownership interest in such...
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15-22-1.1
Section 15-22-1.1 Interstate Compact for Adult Offender Supervision. Whereas: The Interstate
Compact for the Supervision of Parolees and Probationers was established in 1937, it is the
earliest corrections "compact" established among the states and has not been amended
since its adoption over 62 years ago; Whereas: This compact is the only vehicle for the controlled
movement of adult parolees and probationers across state lines, and it currently has jurisdiction
over more than a quarter of a million offenders; Whereas: The complexities of the compact
have become more difficult to administer, and many jurisdictions have expanded supervision
expectations to include currently unregulated practices such as victim input, victim notification
requirements, and sex offender registration; Whereas: After hearings, national surveys, and
a detailed study by a task force appointed by the National Institute of Corrections, the overwhelming
recommendation has been to amend the document to bring about...
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23-1-178
Section 23-1-178 Bonds - Disposition of proceeds. (a) The proceeds of all bonds, other
than refunding bonds, issued by the corporation remaining after paying the expenses of their
issuance shall be deposited in the State Treasury and credited to the Road and Bridge Fund,
and shall be subject to be drawn on by the corporation, upon the approval of the State Department
of Transportation, but solely for the purpose of constructing, reconstructing , or relocating
public roads and bridges, or work incidental or related thereto, including the acquisition
of property necessary therefor, in the State of Alabama; provided, that such funds may be
used only for payment of the state's share or the costs thereof to be paid by any county or
municipality within the state, of the cost of constructing, reconstructing, or relocating
public roads and bridges, or work incidental or related thereto, which have been or will be
constructed, reconstructed, or relocated under programs financed jointly by the...
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41-10-260
Section 41-10-260 Definitions. The following terms, wherever used in this article, shall
have the following respective meanings unless the context clearly indicates otherwise: (1)
AUTHORITY. The public corporation organized pursuant to the provisions of this article. (2)
BOARD OF DIRECTORS. The board of directors of the authority. (3) BONDS. When used with reference
to debt instruments issued by the authority, means bonds, notes and other forms of indebtedness.
(4) BUILDING COMMISSION. The Building Commission created by Act No. 128 adopted at the 1945
Regular Session of the Legislature of the state, and any successor agency thereto. (5) CHIEF
JUSTICE. The Chief Justice of the Supreme Court of the State of Alabama. (6) GOVERNMENT SECURITIES.
Any bonds or other obligations which as to principal and interest constitute direct obligations
of, or are unconditionally guaranteed by, the United States of America, including obligations
of any federal agency to the extent such obligations are...
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