33-15-3
Section 33-15-3 Procedure for incorporation. To become a corporation, the persons who are designated
to become members of the initial board of directors of the authority, as provided in Section
33-15-4, shall present to the Judge of Probate of Franklin County a certificate of incorporation
signed by them which shall contain: (1) The name and official residence of each of the said
persons; (2) The term of office of each of the said persons as such directors; (3) The name
of the proposed corporation which shall be Bear Creek Development Authority; (4) The location
of the principal office of the proposed corporation which shall be in one of said named counties;
and (5) Any other matter relating to the incorporation that the said persons may choose to
insert and which is not inconsistent with this article or the laws of the State of Alabama.
The certificate of incorporation shall be accompanied by: (1) A certificate by the clerk of
each of the municipalities of Red Bay, Vina, Hodges,...
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41-10-53
Section 41-10-53 Authority and procedure for incorporation of authority; members, officers
and directors of authority; reduction to writing, recordation and admissibility in evidence
of proceedings of board of directors. (a) The Director of Finance, the Secretary of the Alabama
Department of Commerce, the State Treasurer and the Executive Secretary to the Governor are
hereby authorized to become a corporation, with the powers and authorities provided for in
this article, by proceeding according to the provisions hereinafter outlined in this article.
To become a corporation, the Director of Finance, the Secretary of the Alabama Department
of Commerce, the State Treasurer and the Executive Secretary to the Governor shall present
to the Secretary of State of Alabama an application signed by them which shall set forth:
(1) The name, official designation and official residence of each of the applicants, together
with a certified copy of the commission evidencing each applicant's right to...
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11-54-175
Section 11-54-175 Amendments to certificate of incorporation; filing of application; approval
or denial by governing body; filing and recordation. The certificate of incorporation of any
authority incorporated under the provisions of this article 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 certificate of incorporation which shall be set forth in full
in the said resolution and which amendment may include any matters which might have been included
in the original certificate of incorporation. After the adoption by the board of a resolution
proposing an amendment to the certificate of incorporation of the authority, the chairman
of the board and the secretary of the authority shall sign and file a written application
in the name of and on behalf of the authority, under its seal, with the governing body of
the authorizing municipality, requesting such governing body to adopt...
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22-21-315
Section 22-21-315 Certificate of incorporation - Amendment; application; approving resolution;
filing and recordation of certificate. (a) The certificate of incorporation of any authority
incorporated under the provisions of this article, as well as that of any public hospital
corporation reincorporated hereunder, may at any time and from time to time be amended, but
only in the manner provided in this section. The board shall first adopt a resolution proposing
an amendment to the certificate of incorporation of the authority, which amendment shall be
set forth in full in the said resolution and which may include any matters that might have
been included in an original certificate of incorporation hereunder. (b) After the adoption
by the board of a resolution proposing an amendment to the certificate of incorporation, the
chairman and the secretary of the authority shall sign and file, with the governing body of
each authorizing subdivision, a written application in the name and on...
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22-21-352
Section 22-21-352 Further provision for amendment of certificates of incorporation or reincorporation.
(a) Except as otherwise provided in the last sentence of this subsection, any authority that
now exists, or that is hereafter organized or reincorporated (as the case may be) pursuant
to the provisions of the enabling statute, shall have the power to amend its certificate of
incorporation or certificate of reincorporation, in the manner hereinafter provided, so as
to provide: (1) That the governing body of an authorizing subdivision empowered (either alone
or jointly with the governing body or bodies of one or more other authorizing subdivisions)
to elect or appoint one or more directors shall so elect or appoint all or any of such directors
only from a list of nominees, as provided in subdivision (2) below, proposed by the board
and otherwise qualified, in accordance with law and with the terms of such certificate of
incorporation or certificate of reincorporation (as the case may...
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11-47-219
Section 11-47-219 Authority and procedure for dissolution of authorities; vesting of title,
etc., to properties thereof upon dissolution. At any time when an authority has no bonds or
other obligations outstanding, its board may adopt a resolution, which shall be duly entered
upon its minutes, declaring that the authority shall be dissolved. Upon filing for record
of a certified copy of the resolution in the office of the judge of probate with which the
authority's certificate of incorporation is filed, the authority shall thereupon stand dissolved
and in the event it owned any property at the time of its dissolution, the title to all its
properties shall, subject to any constitutional provision or inhibitions to the contrary,
thereupon vest in one or more counties or municipalities in the manner and interests as may
be provided in the certificate of incorporation. Notwithstanding the foregoing, if the certificate
of incorporation contains no provision respecting the vesting of title...
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11-54A-14
Section 11-54A-14 Exemption from taxation. The authority formed under this chapter, the property
and income of the authority (whether used by it or leased to others), all bonds issued by
the authority, the income from such bonds or from other sources, the interest and other profits
from such bonds enuring to and received by the holders thereof, conveyances by and to the
authority and leases, mortgages and deeds of trust by and to the authority shall be exempt
from all taxation in the state. The authority shall not be obligated to pay any fees, taxes
or costs to the judge of probate of any county in connection with its incorporation or with
any amendment to its certificate of incorporation or otherwise or to any judge of probate
of any county in connection with the recording by it of any document or otherwise, the authority
being hereby exempted from the payment of any such fees, taxes and costs. No license or excise
tax may be imposed by any authority with respect to the privilege of...
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11-92C-13
Section 11-92C-13 Exemption from taxation. (a) Any authority formed under this chapter, a cooperative
district of which the authority is a constituent member, the sales, property, and income of
the authority or cooperative district, whether used by it or leased to others, all bonds issued
by the authority or cooperative district, the income from the bonds or from other sources,
the interest and other profits from the bonds inuring to and received by the holders thereof,
conveyances by and to the authority or cooperative district of which the authority is a member,
and leases, mortgages, and deeds of trust by and to the authority or the cooperative district
are exempt from all taxation in the state, inclusive of any ad valorem taxes or lodgings taxes
imposed by the State of Alabama, a municipality, or county. The authority is exempt from the
payment of any fees, taxes, or costs to the judge of probate of any county in connection with
its incorporation or with any amendment to its...
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11-94-18
Section 11-94-18 Dissolution of authority; vesting of title to funds and property of authority.
Whenever the board of any authority shall by resolution determine that the purposes for which
the authority was formed have been substantially complied with and any bonds theretofore issued
and all obligations theretofore incurred by the authority have been paid, the authority shall
thereupon execute and file for record in the office of the judge of probate of the county
in which its certificate of incorporation was filed a certificate of dissolution reciting
such facts and declaring the authority to be dissolved. Such certificate of dissolution shall
be signed by the president or vice president of the authority under its corporate seal. Upon
the filing of such certificate of dissolution the authority shall stand dissolved, the title
to all funds and properties owned by it at the time of such dissolution shall vest in equal
shares in its authorizing subdivisions and the possession of such...
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45-23A-91.13
Section 45-23A-91.13 Exemption from taxation. The authority formed under this part, the property
and income of the authority (whether used by it or leased to others), all bonds issued by
the authority, the income from such bonds or from any other sources, the interest and other
profits from such bonds enuring to and received by the holders thereof, conveyances by and
to the authority, and leases, mortgages, and deeds of trust by and to the authority shall
be exempt from all taxation in the state. The authority shall not be obligated to pay any
fees, taxes or costs to the Judge of Probate of Dale County in connection with its incorporation
or with any amendment to its certificate of incorporation or otherwise or to any judge of
probate of any county in connection with the recording by it of any document or otherwise,
the authority being hereby exempted from the payment of any such fees, taxes, and costs. No
license or excise tax may be imposed by any authority with respect to the...
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