11-101A-10
Section 11-101A-10 Powers of authorizing subdivision. (a) In addition to all other powers that
an authorizing subdivision may have with respect to an authority, any authorizing subdivision
may, with or without consideration and on such terms as its governing body may deem advisable:
(1) Lend, donate, or otherwise contribute money to, or perform services for the benefit of,
an authority. (2) Donate, convey, transfer, lease, or grant to an authority any property of
any kind. (3) Enter into contractual agreements with an authority and with other authorizing
subdivisions obligating the authorizing subdivision to lend, donate, or otherwise contribute
money to, perform services for the benefit of, and to otherwise provide financial support
for an authority. (4) Issue securities of the authorizing subdivision to provide moneys to
make any loan, donation, or contribution provided for in subdivisions (1), (2), and (3). (b)
The obligation of an authorizing subdivision to lend, donate, or...
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41-10-330
Section 41-10-330 Dissolution. When all bonds and securities issued by the authority and all
obligations assumed by it under the provisions of this article shall have been paid in full,
the then president of the authority may thereupon execute and deliver in the name of, and
in behalf of, the authority an appropriate deed or deeds, to which the seal of the authority
shall be affixed and attested by the secretary of the authority, conveying all facilities,
properties and other assets then owned by the authority to the commission, or such agency
of the state as shall at the time have succeeded to the rights and duties of the commission.
The then directors of the authority may at such time file with the Secretary of State a written
statement, subscribed and sworn to by each of them, reciting the payment in full of all bonds
theretofore issued by the authority and the execution and delivery of such deed or deeds,
which statement shall be filed by the Secretary of State and recorded with...
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41-10-521
Section 41-10-521 Dissolution. When all bonds and securities issued by the authority and all
obligations assumed by it under the provisions of this article shall have been paid in full,
the then president of the authority may thereupon execute and deliver in the name of, and
in behalf of, the authority an appropriate deed or deeds, to which the seal of the authority
shall be affixed and attested by the secretary of the authority, conveying all facilities,
properties and other assets then owned by the authority to such agency of the state as shall
be designated by the Governor. The then directors of the authority may at such time file with
the Secretary of State a written statement, subscribed and sworn to by each of them, reciting
the payment in full of all bonds theretofore issued by the authority and the execution and
delivery of such deed or deeds, which statement shall be filed by the Secretary of State and
recorded with the certificate of incorporation of the authority, and...
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22-21-324
Section 22-21-324 Use of proceeds. (a) The principal proceeds derived from any borrowing made
by an authority shall be used solely for the purpose or purposes for which such borrowing
was authorized to be made. If any securities are issued for the purpose of financing costs
of acquiring, constructing, improving, enlarging and equipping health care facilities, such
costs shall be deemed to include the following: (1) The cost of any land forming a part of
such health care facilities; (2) The cost of the labor, materials and supplies used in any
such construction, improvement or enlargement, including architectural and engineering fees
and the cost of preparing contract documents advertising for bids; (3) The purchase price
of, and the cost of installing, equipment for such health care facilities; (4) The cost of
landscaping the lands forming a part of such health care facilities and of constructing and
installing roads, sidewalks, curbs, gutters, utilities and parking places in...
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22-21-331
Section 22-21-331 Remedies for default in payment of securities or performance of lease agreement.
(a) If there should be any default in the payment of the principal of or interest on any securities
issued under this article, then the holder of any such securities and any coupons applicable
thereto (subject to any provision of the resolution or indenture under which such securities
were issued restricting the individual rights of action of any such holders or vesting such
rights exclusively in a trustee), and the trustee under any indenture, or any one or more
of them: (1) May, by mandamus, injunction or other proceedings, compel performance of all
duties of the directors and officers of the authority with respect to the use of funds for
the payment of such securities and for the performance of the agreements of the authority
contained in the proceedings under which they were issued; (2) Shall be entitled to a judgment
against the authority for the principal of and interest on the...
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22-26-2
Section 22-26-2 Authority of boards of health to require installation of connections with sanitary
sewers, etc.; rules and regulations. The State Board of Health and/or county boards of health,
acting through its duly authorized agents or employees, shall require every person, firm or
corporation or municipal corporation, or agent thereof, owning or occupying property within
the state, to install the type and number of sewage collection, treatment, and disposal facilities
conforming to rules and regulations of the State Board of Health and/or county boards of health
and require connection to a sanitary sewer conforming to rules and regulations of the State
Board of Health and/or county boards of health where sanitary sewers are available and are
not regulated by the municipal corporation, or to dispose of sewage in such sanitary manner
as shall be approved by the State Board of Health. All required sewage treatment and disposal
facilities shall conform in every respect with the...
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27-12-10
Section 27-12-10 Financial inducements to purchase insurance. (a) No person shall issue or
deliver, or permit its agents, officers, or employees to issue or deliver, agency company
stock or other capital stock, or benefit certificates or shares in any common-law corporation,
or securities, or any special or advisory board contract or other contract of any kind promising
returns and profits as an inducement to insurance. The commissioner shall refuse to issue
a certificate of authority or license to any insurer or other person that is in violation
of this section and shall revoke the certificate of authority or license of any such violating
insurer or person if such authority or license is already outstanding. (b) No person shall
issue or deliver, or permit its agents, officers, or employees to issue or deliver, in this
state, any life insurance policy or contract of annuity in which are used such words as "investment
plan," "expansion plan," "profit-sharing," "charter plan,"
"founders'...
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37-13-10
Section 37-13-10 Suits against manager or director of authority. No action or suit shall be
brought or maintained against the manager or any director of an authority for or on account
of the negligence of the authority or such manager or director, or its or his agents, servants
or employees, in or about the construction, maintenance, operation, superintendence or management
of any railroad properties and facilities or other property owned or controlled by the authority.
(Acts 1984, No. 84-179, p. 256, §10.)...
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37-6-9
Section 37-6-9 Qualifications for membership; meetings; voting. (a) No person who is not an
incorporator shall become a member of a cooperative unless such person shall agree to use
electric energy furnished by the cooperative when such electric energy shall be available
through its facilities. The bylaws of a cooperative may provide that any person, including
an incorporator, shall cease to be a member thereof if he shall fail or refuse to use or pay
for electric energy made available by the cooperative or if electric energy shall not be made
available to such person by the cooperative within a specified time after such person shall
have become a member thereof. Membership in the cooperative shall not be transferable, except
as may be provided in the bylaws. The bylaws may prescribe additional qualifications and limitations
in respect of membership. (b) An annual meeting of the members shall be held at such time
as shall be provided in the bylaws. The bylaws may provide that area...
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45-37A-54.35
Section 45-37A-54.35 Leases. (a) The authority may lease the facilities of the district or
any portion thereof and provide for the payment of the consideration through the appropriation
of funds or otherwise. (b) The obligations of the lessee or lessees under any lease shall
constitute a charge against the revenues of the lessee or lessees to the extent and in the
manner agreed upon by the parties. (c) In the event the State of Alabama or any of its various
agencies or any political subdivision of the state or any combination of the foregoing shall
lease all or any portion of the facilities of the district, then the entities shall have the
right to sublease to any person or corporation, public or private, all or any portion of the
facilities leased upon the terms and conditions as they may determine. (Act 95-736, p. 1571,
§6.)...
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