11-86A-16
Section 11-86A-16 Application of proceeds from the sale of bonds; source of payment; pledge
of county's or municipality's credit; negotiability; exemption from taxation; pledge as security
for funds belonging to a public person; investment in bonds by fiduciaries; no public hearing
required; investment in bonds by Teachers' Retirement System of Alabama, the Employees' Retirement
System of Alabama, and the State Insurance Fund; investment in bonds by public persons. (a)
The proceeds from the sale of any bonds shall be applied as provided in the proceedings in
which the bonds are authorized to be issued, including, without limitation, the payment of
all legal, fiscal, and recording fees and expenses incurred in connection with the authorization,
sale, and issuance of the bonds and, if provided in the proceedings authorizing their issuance,
interest on the bonds (or if only a part of any issue of bonds is issued for acquisition purposes,
interest on that portion of the bonds of that issue...
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11-92A-22.1
Section 11-92A-22.1 Dissolution requirements. In addition to the requirements for dissolution
under Section 11-92A-22, prior to the dissolution of an authority organized under Chapter
92A of this title, the authority shall provide notice to the Legislature of the authority's
intent to dissolve, as adopted by its board of directors in accordance with Section 11-92A-22.
The articles of dissolution, as required by Section 11-92A-22, may not be effective prior
to the 15th legislative day of the regular session of the Legislature that commences no sooner
than six weeks after the notice of dissolution is provided to the Legislature as required
in this section. (Act 2020-72, §24.)...
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11-92B-8
Section 11-92B-8 Amendment of articles. (a) The articles of an authority may at any time and
from time to time be amended in the manner provided in this section. The board shall first
adopt a resolution proposing an amendment to the articles, which amendment shall be set forth
in full in the resolution and which may include any matters that might have been included
in the original articles. (b) After the adoption by the board of a resolution proposing an
amendment to the articles, the chair and the secretary of the authority shall sign and file
with the governing bodies of the county of incorporation, and each municipality whose corporate
limits lie in whole or in part within the operational area of the authority, a written application
in the name and on behalf of the authority, under its seal, requesting that such governing
body or bodies adopt a resolution approving the proposed amendment, and accompanied by a copy
of the resolution adopted by the board proposing the amendment to the...
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16-17A-23
Section 16-17A-23 Dissolution of authority. (a) At any time when an authority does not have
any indebtedness or other contractual or legal obligations outstanding, an authority may be
dissolved by filing articles of dissolution with the Secretary of State, but only with the
approval of both the board of the authority and the sponsoring university in the manner provided
in this section. (b) In order to dissolve an authority, the following steps shall be completed:
(1) The board shall first adopt a resolution proposing dissolution of the authority. (2) After
the adoption by the board of a resolution approving articles of dissolution, the authority
shall file with the sponsoring university a written request to the sponsoring university for
adoption of a resolution approving dissolution of the authority. (3) As promptly as may be
practicable after the receipt of the application from the authority, the sponsoring university
shall review the application, and its governing body shall adopt a...
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16-17A-5
Section 16-17A-5 Articles of incorporation - Amendments. (a) The articles of incorporation
of any authority may be amended by filing articles of amendment with the Secretary of State,
but only with the approval of both the board of the authority and the sponsoring university,
in the manner provided in this section. (b) In order to amend the articles of incorporation,
the following steps shall be completed: (1) The board of the authority shall first adopt a
resolution proposing articles of amendment. (2) After the adoption by the board of a resolution
approving articles of amendment, the authority shall file with the sponsoring university a
written request for adoption of a resolution approving the proposed amendment. (3) As promptly
as may be practicable after the receipt of the request from the authority, the sponsoring
university shall review the application and shall adopt a resolution either approving or denying
the articles of amendment as proposed by the authority. (c) Within 30...
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22-51-3
Section 22-51-3 Incorporation of public corporations - Application - Contents. The said natural
persons, referred to in Section 22-51-2, shall file a written application with each governing
body from which they desire authority to incorporate. Such applications shall: (1) Describe
in general terms the area of the state which will be served by the proposed facilities, which
description will be sufficient if stated with reference to counties, municipalities, unincorporated
communities or any part or combination thereof; (2) State the location of the principal office
of the proposed corporation; (3) Submit such documents or evidence which the incorporators
may consider appropriate, which shall include documents from the Alabama Department of Mental
Health and the State Board of Health showing that the facilities and programs, which the incorporators
propose to establish will be in accordance with minimum standards and criteria established
by such boards; (4) State which aspects of the...
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33-15-1
Section 33-15-1 Definitions. The following words and phrases used in this chapter, 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) AUTHORITY. The public
corporation organized pursuant to the provisions of this chapter. (2) BOARD. The board of
directors of the authority. (3) BONDS. Such term shall include bonds and notes. (4) COUNTY.
A county in the state. (5) DIRECTOR. A member of the board of directors of the authority.
(6) GOVERNING BODY. The county commission of a county. (7) MUNICIPALITY. An incorporated city
or town of the state. (8) PERSON. Unless limited to a natural person by the context in which
it is used, such term includes a public or private corporation, a municipality, a county,
or an agency, department or instrumentality of a county or municipality, of one or more of
the several states or of the United States of America. (9) PROPERTY. Such...
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41-10-495
Section 41-10-495 Members; directors; quorum; vacancies; salaries; officers. The applicants
named in the application and their respective successors in office shall constitute the members
of the authority. The members shall be eligible to succeed themselves. The members of the
authority shall constitute all the members of the board of directors of the authority, which
shall be the governing body of the authority. A majority of the members of the said board
of directors shall constitute a quorum for the transaction of business. No member, officer
or director of the authority shall draw any salary for any service he may render or for any
duty he may perform in connection with the authority, but may be reimbursed by the authority
for reasonable expenses incurred in carrying out the business of the authority. No member,
officer, director or employee of the authority shall be personally liable for any debt, obligation
or liability of the authority. The Finance Director shall serve as...
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45-17-92
Section 45-17-92 Colbert County Tourism and Convention Bureau. (a) This section shall apply
only in Colbert County. (b) The following words and terms as used in this section, shall have
the meanings hereby ascribed to them: "the bureau" means the public corporation
for which this section provides; "the board" means the board of directors of the
authority for which this section provides. (c)(1) There is hereby established in the county
a public corporation for the purposes herein specified, which corporation shall be vested
with the powers conferred upon it by this section. The public corporation is at times hereinafter
referred to as "the bureau." (2) Subject to the conditions and qualifications hereinafter
stated, the name of the corporation shall be the Colbert County Tourism and Convention Bureau.
(d)(1) The bureau shall be authorized and empowered to conduct programs, including but not
limited to programs of information and publicity designed to attract conventions and tourism
to...
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45-25-250.02
Section 45-25-250.02 Amendment of certificate of incorporation. (a) The certificate of incorporation
of the authority incorporated under this article may at any time and from time to time be
amended in the manner provided in this section. (b)(l) The board of directors of the authority
shall first adopt a resolution proposing an amendment to the certificate of incorporation
which shall be set forth in full in the resolution and which amendment may include: a. A change
in the name of the authority. b. The addition to the service area of the authority of new
territory lying within DeKalb County. c. Provisions for the operation of a system or facility
the operation of which is not then provided for in the certificate of incorporation of the
authority and which the authority is authorized by this article to operate. d. Any matters
which might have been included in the original certificate of incorporation. e. Provisions
for the addition to the service area of the authority of new territory...
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