45-38-141.06
Section 45-38-141.06 Financial powers and rights. (a) The authority organized or operating
pursuant to this part, in addition to all other powers now or hereafter granted by law, shall
have the following powers and rights: (1) To borrow money for use for any of its corporate
purposes. (2) To sell, transfer, convey, grant options to purchase, or lease all or any part
of its system or systems for such consideration and on such terms as it shall deem advisable
and in the best interest of the authority. (3) To consent and agree to the assignment or payment
of any income received from the investment of any moneys or funds of the authority to any
other public corporation or public entity, including, without limitation, the county or the
State of Alabama. (4) To loan or advance its funds to any person at such, if any, interest
as it shall determine, for the purpose of financing the construction of a system or any part
thereof. (5) To contract with others for the construction of all or any...
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45-25-250.05
Section 45-25-250.05 Additional powers and rights. (a) The authority organized or operating
pursuant to this article shall, in addition to all other powers now or hereafter granted by
law, have the following powers and rights: (1) To borrow money for use for any of its corporate
purposes. (2) To sell, transfer, convey, grant options to purchase, or lease all or any part
of its system or systems for such consideration and on such terms as it shall deem advisable
and in the best interest of the authority. (3) To consent and agree to the assignment or payment
of any income received from the investment of any moneys or funds of the authority to any
other public corporation or public entity, including, without limitation, the county, of the
State of Alabama. (4) To loan or advance its funds to any person, at such, if any, interest
as it shall determine, for the purpose of financing the construction of a system or any part
thereof. (5) To contract with others for the construction of all or...
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45-29-140.06
Section 45-29-140.06 Financial powers and rights. (a) The authority organized or operating
pursuant to this article, in addition to all other powers now or hereafter granted by law,
shall have the following powers and rights: (1) To borrow money for use for any of its corporate
purposes. (2) To sell, transfer, convey, grant options to purchase, or lease all or any part
of its system or systems for such consideration and on such terms as it shall deem advisable
and in the best interest of the authority. (3) To consent and agree to the assignment or payment
of any income received from the investment of any moneys of funds of the authority to any
other public corporation or public entity including, without limitation, the county or the
State of Alabama. (4) To loan or advance its funds to any person at such, if any, interest
as it shall determine, for the purpose of financing the construction of a system or any part
thereof. (5) To contract with others for the construction of all or any...
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45-36-252.05
Section 45-36-252.05 Additional powers and rights. (a) The authority organized or operating
pursuant to this part, in addition to all other powers now or hereafter granted by law, shall
have the following powers and rights: (1) To borrow money for use for any of its corporate
purposes. (2) To sell, transfer, convey, grant options to purchase, or lease all or any part
of its system or systems for such consideration and on such terms as it shall deem advisable
and in the best interest of the authority. (3) To consent and agree to the assignment or payment
of any income received from the investment of any moneys or funds of the authority to any
other public corporation or public entity, including, without limitation, the county, of the
State of Alabama. (4) To loan or advance its funds to any person, at such, if any, interest
as it shall determine, for the purpose of financing the construction of a system or any part
thereof. (5) To contract with others for the construction of all or any...
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45-47-250.06
Section 45-47-250.06 Additional powers and rights. (a) The authority organized or operating
pursuant to this article, in addition to all other powers now or hereafter granted by law,
shall have the following powers and rights: (1) To borrow money for use for any of its corporate
purposes. (2) To sell, transfer, convey, grant options to purchase, or lease all or any part
of its system or systems for such consideration and on such terms as it shall deem advisable
and in the best interest of the authority. (3) To consent and agree to the assignment or payment
of any income received from the investment of any moneys or funds of the authority to any
other public corporation or public entity including, without limitation, the county or the
State of Alabama. (4) To loan or advance its funds to any person at such, if any, interest
as the authority shall determine, for the purpose of financing the construction of a system,
or any part thereof. (5) To contract with others for the construction of...
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45-36-252
County. (9) NEW TERRITORY. Any territory added, by amendment to the certificate of incorporation
of an authority, to the area or areas in which that authority is authorized to render water,
garbage, or sewer service. (10) 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 the state or of a county or municipality.
(11) PROPERTY. Real and personal property and interests therein. (12) PUBLIC WATER
SYSTEM. A water system which is owned or operated by the United States of America, the state,
a county, a municipality, a public corporation organized under the laws of the state, any
combination of any thereof, or any agency or instrumentality of any one or more thereof or
in which any one or more thereof or any agency or instrumentality of any one or more thereof
holds a reversionary or remainder interest. (13) SERVICE AREA. The geographic...
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2-3A-11
Section 2-3A-11 Exemption from taxation. The property and income of the authority, all bonds
issued by the authority, the income from such bonds, conveyances by or to the authority, and
leases, mortgages and deeds of trust or trust indentures by or to the authority shall be exempt
from all taxation in the State of Alabama. The authority shall be exempt from all taxes levied
by any county, incorporated city or town, or other political subdivision of the state, including,
but without limitation to, license and excise taxes imposed in respect of the privilege of
engaging in any of the activities in which the authority may engage. The authority shall not
be obligated to pay or allow any fees, taxes or costs to the judge of probate of any county
of this state in respect of its incorporation or the recording of any document. Nothing in
this section shall be construed to exempt any private person, firm or corporation from payment
of any ad valorem, mortgage or deed taxes or recording fees...
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45-25-250
County. (10) NEW TERRITORY. Any territory added, by amendment to the certificate of incorporation
of an authority, to the area or areas in which that authority is authorized to render water,
garbage, or sewer service. (11) 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 the state or of a county or municipality.
(12) PROPERTY. Real and personal property and interests therein. (13) PUBLIC WATER
SYSTEM. A water system which is owned or operated by the United States of America, the state,
a county, a municipality, a public corporation organized under the laws of the state, any
combination of any thereof, or any agency or instrumentality of anyone or more thereof or
in which anyone or more thereof or any agency or instrumentality of anyone or more thereof
holds a reversionary or remainder interest. (14) SERVICE AREA. The geographic...
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45-29-90
for obtaining such certificate. (8) MANAGEMENT AREA. The Tom Bevill Reservoir Management Area.
(9) MUNICIPALITY. An incorporated city or town of the state. (10) PERSON. Unless limited to
a natural person by the context in which it is used, 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. (11) PROPERTY. Includes
real and personal property, and interest therein. (12) STATE. In the absence of clear
implication herein otherwise, means the State of Alabama. (13) THE TOM BEVILL RESERVOIR MANAGEMENT
AREA. Includes the following lands in Fayette County: Township 14 South, Range 10 West Section
32: S 1/2 of SE 1/4; Section 33: S 1/2 of SW 1/4 Township 15 South, Range 10 West Section
4: NW 1/4; SW 1/4; Section 5: NE 1/4; SE 1/4; S 1/2 of SW 1/4; Section 7: SE 1/4 of NE 1/4;
E 1/2 of SE 1/4; Section 8: All; Section 9: NW 1/4;...
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45-30-250
corporation organized pursuant to this article. (8) MUNICIPALITY. An incorporated city or town
of Franklin County. (9) NEW TERRITORY. Any territory added, by amendment to the certificate
of incorporation of an authority, to the area or areas in which that authority may render
water service. (10) PERSON. Any natural person, public or private corporation, municipality,
or county, or any agency, department, or instrumentality of the state or of a county or municipality.
(11) PROPERTY. Real and personal property and interests therein. (12) PUBLIC WATER
SYSTEM. A water system owned and operated by the United States of America, the state, a county,
a municipality, a public corporation organized under the laws of the state, or any combination
thereof; or any agency or instrumentality or combination thereof, or any of the foregoing
that holds a reversionary or remainder interest in a public water system. (13) SERVICE AREA.
The geographic area or areas in which the authority is authorized by...
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