16-18-11
Section 16-18-11 Bonds of authority. (a) All bonds issued by the authority shall be
signed by its chairman and attested by its secretary, and the seal of the authority shall
be affixed thereto, and any interest coupons applicable to the bonds of the authority shall
be signed by the said chairman; provided, that a facsimile of the signature of one, but not
both, of said officers may be printed or otherwise reproduced on any such bonds in lieu of
his manually signing the same, a facsimile of the seal of the authority may be printed or
otherwise reproduced on any such bonds in lieu of being manually affixed thereto and a facsimile
of the signature of the chairman of the authority may be printed or otherwise reproduced on
any such interest coupons in lieu of his manually signing the same. (b) Any such bonds may
be executed and delivered by the authority at any time and from time to time, shall be in
such form and denominations and of such tenor and maturities, shall contain such provisions...

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16-18-4
Section 16-18-4 Amendments to certificate of incorporation. (a) The certificate of incorporation
of any authority incorporated under the provisions of this chapter may at any time and from
time to time be amended in the manner provided in this section. (b) The board of directors
of the authority shall first adopt a resolution proposing an amendment to the certificate
of incorporation, which amendment shall be set forth in full in the said resolution and may
include any matters which might have been included in the original certificate of incorporation
or which could be included in the certificate of incorporation of an authority organized on
the date of the adoption of the said resolution proposing the amendment. (c) After the adoption
by the board of a resolution proposing an amendment to the certificate of incorporation of
the authority, the board shall file a written application with the governing body of the determining
municipality. Such application shall: (1) State that it is...
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11-92B-20
Section 11-92B-20 Dissolution of authority. (a) If it is determined that it is not possible
for an authority to achieve all of the purposes for which the authority was formed, the authority
may be dissolved by adoption by the board of a resolution that does all of the following:
(1) Determines that it is not possible to achieve all of the purposes for which the authority
was formed. (2) Determines that either all debts and obligations of the authority have been
fully paid or extinguished or that adequate provision has been made for one or more successors
to accept or assume all remaining debts and obligations of the authority, if any, pursuant
to a plan of distribution provided for in its articles of incorporation. (3) Recommends its
dissolution. (b) If it is determined that an authority has achieved all the purposes for which
the authority was formed, the authority shall be dissolved by adoption by the board of a resolution
that does all of the following: (1) Determines that it has...
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11-88-8
Section 11-88-8 Bonds of authority - Form, terms, denominations, etc.; sale; execution
and delivery; refunding; liability thereon; security for payment of principal and interest
and payment thereof generally; provisions in mortgages, deeds of trust or trust indentures
executed as security for payment of bonds generally. All bonds issued by the authority shall
be signed by the chairman of its board or other chief executive officer and attested by its
secretary and the seal of the authority shall be affixed thereto, and any interest coupons
applicable to the bonds of the authority shall be signed by the chairman of its board or other
chief executive officer; provided, that a facsimile of the signature of one, but not both,
of said officers may be printed or otherwise reproduced on any such bonds in lieu of his manually
signing the same, a facsimile of the seal of the authority may be printed or otherwise reproduced
on any such bonds in lieu of being manually affixed thereto and a...
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11-89B-2
Section 11-89B-2 Form, terms, denominations, etc. of bonds; execution and delivery;
interest; sale; issuance of refunding bonds; liability on bonds; source of payment; use of
proceeds; mortgage, deed of trust, etc., containing certain agreements. All bonds issued pursuant
to the provisions of this chapter shall be signed by the chairman of the board of directors
or other governing body or other chief executive officer of such public corporation and attested
by its secretary and the seal of such public corporation shall be affixed thereto; provided,
that a facsimile of the signatures of both of the officers whose signatures will appear on
the bonds may be imprinted or otherwise reproduced thereon in lieu of being manually signed
if the proceedings in which the bonds are authorized to be issued provide for the manual authentication
of such bonds by a trustee, registrar or paying agent; provided further, that a facsimile
of the seal of such public corporation may be imprinted or otherwise...
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45-37A-56.27
Section 45-37A-56.27 Board of directors of the authority. (a) The authority shall be
governed by a board of directors of three members, elected by the governing board of the Class
1 municipality. Each member of the board shall be a qualified elector of the city. No officer
of the state, or of any county, city, or town therein shall, while holding such office, be
eligible to serve as a director. The directorships shall be numbered one, two, and three.
The first term for directorship one shall be for two years. The first term for directorship
two shall be for three years. The first term for directorship three shall be for four years.
Irrespective of when the first elections for the three directorships occur, the first terms
provided for above, shall commence on, or run from, the first day of the first calendar month
next succeeding the month in which this subpart becomes applicable to the city. The terms
for all directorships subsequent to the first term, provided therefor, shall be for...
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11-49A-6
Section 11-49A-6 Certificate of incorporation - Amendments; resolution; application;
denial or approval of governing body; filing. The certificate of incorporation of any authority
incorporated under the provisions of this chapter may at any time and from time to time be
amended in the manner provided in this section, provided that the contents of any amendment
are first approved by the municipal governing body which shall have the authority to recommend
requirements with respect to either any amendment or the original certificate of incorporation.
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 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...
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11-61A-7
Section 11-61A-7 Board of directors. (a) The authority shall be governed by a board
of directors of seven members. The board shall be elected by the governing body of the municipality.
Each member of the board shall be a qualified elector of the municipality. No elected official
of the state, of a county, or a municipality shall, while holding office, be eligible to serve
as a director. The directorships shall be numbered one to seven, inclusive. The initial term
for directorships one and two shall be two years. The initial term for directorships three
and four shall be three years. The initial term for directorships five, six, and seven shall
be four years. The initial terms shall commence April 1, 1994. All subsequent terms of directorships
shall be for four years. (b) If a directorship is vacant, a successor shall be elected by
the governing body to serve the remainder of the unexpired term. Directors shall be eligible
for reelection. (c) A majority of the members of the board of...
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22-21-358
Section 22-21-358 Powers of authorities. In addition to all other powers at any time
conferred on it by law, and subject to any express provisions of its certificate of incorporation
or certificate of reincorporation to the contrary, an authority shall (to the extent at the
time not prohibited by the Constitution of Alabama) have the following powers, together with
all powers incidental thereto or necessary to the discharge thereof in corporate form: (1)
To participate as a shareholder in a corporation, as a joint venturer in a joint venture,
as a general or limited partner in a limited partnership or a general partnership, as a member
in a nonprofit corporation or as a member of any other lawful form of business organization,
which provides health care or engages in activities related thereto; (2) To make or arrange
for loans, contributions to capital and other debt and equity financing for the activities
of any corporation of which such authority is a shareholder, any joint venture...
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11-20-35
Section 11-20-35 Certificate of incorporation - Amendment. If any corporation formed
under this article has accidentally or inadvertently failed to comply with the requirements
of this article in its organization, such omission or defect may be corrected by filing an
amendment as provided in this section. The certificate of incorporation of any corporation
formed under this article may also at any time and from time to time be amended so as to make
any changes therein and add any provisions thereto which might have been included in the certificate
of incorporation in the first instance. Any such amendment shall be effected in the following
manner: The board of directors of the corporation shall adopt a resolution proposing such
amendment to the certificate of incorporation. The chairman of the board of directors of the
corporation shall file with the governing body of the county an application in writing seeking
permission to amend the certificate of incorporation, specifying in such...
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