45-27A-31.01
Section 45-27A-31.01 Definitions. The following words and phrases used in this part, 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 the city in accordance with
the provisions of Section 45-27A-31.03. (2) AUTHORITY. The Brewton Development Authority,
a public corporation organized pursuant to this part. (3) AUTHORIZING RESOLUTION. A resolution
adopted by the governing body of the city in accordance with Section 45-27A-31.03, that authorizes
the incorporation of the authority. (4) BOARD. The board of directors of the authority. (5)
BONDS. Includes bonds, notes, and certificates representing an obligation to pay money. (6)
CITY. The City of Brewton, Alabama. (7) DIRECTOR. A member of the board of the authority.
(8) GOVERNING BODY. With respect to the city, its city...
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45-29-90.01
Section 45-29-90.01 Tom Bevill Reservoir Management Area. In the interest of unified development
and protection, there is hereby created and established the Tom Bevill Reservoir Management
Area in Fayette County for the purposes of water conservation and supply, dam construction
and reservoir development, industrial development, navigation, flood control, irrigation,
public recreation, and related purposes. There is hereby authorized, and shall be established
as hereinafter provided, a development authority for the lands included in the Tom Bevill
Reservoir Management Area. The authority, when incorporated in accordance herewith, shall
be a public corporation and a political subdivision of the State of Alabama, composed of a
board of directors selected and empowered as hereinafter provided. (Act 91-277, p. 517, §2.)...

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45-35A-52.01
Section 45-35A-52.01 Definitions. The following words and phrases used in this part, and others
evidently intended as the equivalent thereof, in the absence of clear implication herein otherwise,
shall be given the following respective interpretations herein: (1) APPLICANT. A natural person
who files a written application with the governing body of the city in accordance with Section
45-35A-52.03. (2) AUTHORITY. The Dothan Downtown Redevelopment Authority, a public corporation
organized pursuant to this part. (3) AUTHORIZING RESOLUTION. A resolution adopted by the governing
body of the city in accordance with Section 45-35A-52.03, that authorizes the corporation
of the authority. (4) BOARD. The board of directors of the authority. (5) BONDS. Includes
bonds, notes, and certificates representing an obligation to pay money. (6) CITY. The City
of Dothan, Alabama. (7) DIRECTOR. A member of the board of the authority. (8) DOWNTOWN DEVELOPMENT
AREA. The central business district of the city...
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45-41A-10.01
Section 45-41A-10.01 Definitions. The following words and phrases used in this part, 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 the city in accordance with
Section 45-41A-10.03. (2) AUTHORITY. The Auburn Downtown Redevelopment Authority, a public
corporation organized pursuant to this part. (3) AUTHORIZING RESOLUTION. A resolution adopted
by the governing body of the city in accordance with Section 45-41A-10.03, that authorizes
the incorporation of the authority. (4) BOARD. The board of directors of the authority. (5)
BONDS. Bonds, notes, and certificates representing an obligation to pay money. (6) CITY. The
City of Auburn, Alabama. (7) DIRECTOR. A member of the board of the authority. (8) DOWNTOWN
DEVELOPMENT AREA. The central business district of the city as...
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45-41A-40.01
Section 45-41A-40.01 Definitions. The following words and phrases used in this part, and others
evidently intended as the equivalent thereof, in the absence of clear implication herein otherwise,
shall be given the following respective interpretations herein: (1) APPLICANT. A natural person
who files a written application with the governing body of the city in accordance with Section
45-41A-40.03. (2) AUTHORITY. The Opelika Downtown Redevelopment Authority, a public corporation
organized pursuant to this part. (3) AUTHORIZING RESOLUTION. A resolution adopted by the governing
body of the city in accordance with Section 45-41A-40.03, that authorizes the corporation
of the authority. (4) BOARD. The board of directors of the authority. (5) BONDS. Shall include
bonds, notes, and certificates representing an obligation to pay money. (6) CITY. The City
of Opelika, Alabama. (7) DIRECTOR. A member of the board of the authority. (8) DOWNTOWN DEVELOPMENT
AREA. The central business district of the...
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45-8A-20.01
Section 45-8A-20.01 Definitions. The following words and phrases used in this part, 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"
means a natural person who files a written application with the governing body of the city
in accordance with the provisions of Section 45-8A-20.03. (2) "Authority" means
the Anniston Downtown Development Authority, a public corporation organized pursuant to the
provisions of this part. (3) "Authorizing resolution" means a resolution adopted
by the governing body of the city in accordance with the provisions of Section 45-8A-20.03,
that authorizes the corporation of the authority. (4) "Board" means the board of
directors of the authority. (5) "Bonds" means and shall include bonds, notes, and
certificates representing an obligation to pay money. (6) "City" means the City
of Anniston, Alabama. (7) "Director" means a...
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9-6-4
Section 9-6-4 Application for authority to incorporate; review of application and issuance
of executive order by Governor. (a) In order to form a public corporation under the provisions
of this chapter, any number of natural persons, not less than three, shall first file a written
application with the Governor. Such application shall: (1) Contain a statement that such public
corporation proposes to undertake and carry out one or more or all of the purposes defined
in Section 9-6-3 with respect to public corporations formed under this chapter; (2) Contain
a description by county name or otherwise of the geographical area of operation in which the
public corporation proposes to carry on its activities; (3) State that conditions of water,
air or general environmental pollution or any one or more of such conditions in excess of
normal acceptable tolerance as established or determined by appropriate regulatory body or
bodies exist within the area of operation, and that no public corporation...
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10A-2-1.40
Section 10A-2-1.40 Definitions applicable to business corporations. In this chapter: REPEALED
IN THE 2019 REGULAR SESSION BY ACT 2019-94 EFFECTIVE JANUARY 1, 2020. THIS IS NOT IN THE CURRENT
CODE SUPPLEMENT. (1) "Articles of incorporation" include amended and restated articles
of incorporation and, in the case of a corporation existing on January 1, 1981, its certificate
of incorporation, including any amended certificate, and also include, except where the context
otherwise requires, articles of merger. The term "articles of incorporations" as
used in this chapter is synonymous with the term "certificate of formation" employed
in Chapter 1. (2) "Authorized shares" means the shares of all classes a domestic
or foreign business corporation is authorized to issue. (3) "Corporation" or "domestic
corporation" means a business corporation, which is not a foreign corporation, incorporated
under or subject to the provisions of this chapter. (4) "Distribution" means a direct
or indirect...
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10A-3-1.02
Section 10A-3-1.02 Definitions. As used in this chapter, the following terms shall have the
following meanings, respectively, unless the context otherwise requires: (1) ARTICLES OF INCORPORATION.
The original or restated articles of incorporation or articles of consolidation and all amendments
thereto, including articles of merger, of a domestic or foreign nonprofit corporation. The
term articles of incorporation of a nonprofit corporation constitutes its certificate of formation
as defined in Section 10A-1-1.03(7). The terms may be used interchangeably. The articles of
incorporation or certificate of formation of a nonprofit corporation, together with its bylaws,
constitute its governing documents within the meaning of Section 10A-1-1.03(40). (2) BOARD
OF DIRECTORS. The group of persons vested with the management of the affairs of the corporation
irrespective of the name by which the group is designated. The board of directors of a nonprofit
corporation is its governing authority as...
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27-31B-8
Section 27-31B-8 Formation of captive insurance companies in this state. (a) A pure captive
insurance company or a protected cell captive insurance company shall be formed as a stock
or mutual insurer, or as a nonprofit or limited liability company with its capital divided
into units and held by the stockholders, members, or other equivalent as allowed by law. (b)
An association captive insurance company, an industrial insured captive insurance company,
or a risk retention group may be formed in any of the following ways: (1) Organized as a stock
insurer with its capital divided into share units and held by the stockholders, members, or
other equivalent as allowed by law. (2) Organized as a mutual insurer without capital stock,
the governing body of which is elected by the member organizations of its association. (3)
Organized as a reciprocal insurer in accordance with Chapter 31 of this title. (4) Organized
as a manager-managed limited liability company. (c) A captive insurance...
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