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45-41A-40.08
Section 45-41A-40.08 Powers of the authority. (a) The authority shall have all of the following
powers, together with all powers incidental thereto or necessary to the discharge thereof
in corporate form: (1) To have succession by its corporate name for the duration of time which
may be perpetuity, subject to Section 45-41A-40.19, specified in its certificate of incorporation.
(2) To sue and be sued in its own name and to prosecute and defend civil actions in any court
having jurisdiction of the subject matter and of the parties. (3) To adopt and make use of
a corporate seal and to alter the same at pleasure. (4) To adopt and alter bylaws for the
regulation and conduct of its affairs and business. (5) To acquire, whether by purchase, construction,
exchange, gift, lease, or otherwise and to refinance existing indebtedness on, improve, maintain,
equip, and furnish one or more projects, including all real and personal properties which
the board of the authority may deem necessary in...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-41A-40.08.htm - 8K - Match Info - Similar pages
11-92A-11
Section 11-92A-11 Amendment of articles. (a) The articles of any authority may at any time
and from time to time be amended in the manner provided in this section. The board of directors
shall first adopt a resolution proposing an amendment to the articles, which amendment shall
be set forth in full in the said resolution and which may include any matters that might have
been included in the original articles. Such amendment may be made for the sole purpose of
altering, in accordance with the provisions of this chapter, the authorized operational area
of the authority. (b) After the adoption by the board of directors of a resolution proposing
an amendment to the articles, the chairman and the secretary of the authority shall sign and
file with the governing body of each county within the existing authorized operational area
of the authority, and with the governing body of each county proposed to be added to the authorized
operational area of the authority, if any, a written application...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-92A-11.htm - 2K - Match Info - Similar pages
22-21-341
Section 22-21-341 Reincorporation of existing corporations. Any public hospital corporation
may be reincorporated under this article, avail itself of all rights, powers and privileges
and become subject to all duties, obligations and responsibilities conferred or imposed by
this article, in the following manner: (1) The board of directors or other governing body
of such public hospital corporation shall adopt a resolution stating that it proposes and
applies for permission to reincorporate hereunder and containing a form of proposed certificate
of reincorporation, which such certificate of reincorporation shall include, with the necessary
changes in detail, the information required to be included in a certificate of incorporation
described in Section 22-21-314 other than that referred to in subdivision (b) (1) thereof.
(2) Such public hospital corporation shall as promptly as practicable thereafter file a certified
copy of such resolution with the governing body of each county or...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-21-341.htm - 3K - Match Info - Similar pages
10A-1-8.01
Section 10A-1-8.01 Conversion of business and nonprofit entities. (a) A conversion of an entity
may be accomplished as provided in this section: (1) CORPORATIONS. a. The terms and conditions
of a plan of conversion of a corporation, other than a nonprofit corporation, must be approved
in accordance with the procedures and by the stockholder vote required by Article 9 of Chapter
2A. If the governing documents provide for approval of a conversion by less than all of a
corporation's stockholders, approval of the conversion shall constitute corporate action subject
to appraisal rights pursuant to Article 13 of Chapter 2A. No conversion of a corporation to
a general or limited partnership may be effected without the consent in writing of each stockholder
who will have personal liability with respect to the converted entity, notwithstanding any
provision in the governing documents of the converting corporation providing for less than
unanimous stockholder approval for the conversion. b. The...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-1-8.01.htm - 18K - Match Info - Similar pages
11-50-391
Section 11-50-391 Creation. Any two or more municipalities are hereby empowered and authorized
to cause to be organized and incorporated a gas district as a public corporation with all
the power and authority provided in this article for the purpose of securing for such municipalities
a supply of natural or artificial gas and for the purpose of transporting gas and for the
purpose of the local distribution and sale of gas and gas services in any one or more of such
municipalities or for any one or more of such purposes. Such power and authority shall be
exercised by the governing body of each such municipality. The determination of such governing
body to exercise the power and authority in this section granted shall be evidenced by a resolution
which shall declare the desirability of organizing and incorporating a gas district, name
the municipalities which are to be members of such district, set forth a brief description
of the gas system or systems to be owned and operated by such...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-50-391.htm - 1K - Match Info - Similar pages
11-89-7
Section 11-89-7 Powers of district generally; power of district to acquire, operate, etc.,
systems, etc., outside service area; provisions in schedules of rates and charges generally.
(a) The district shall have the following powers, together with all powers incidental thereto
or necessary to the discharge thereof in corporate form: (1) To have succession by its corporate
name for the duration of time (which may be perpetuity, subject to the provisions of Section
11-89-17) specified in its certificate of incorporation; (2) To sue and be sued in its own
name in civil actions, except as otherwise provided in this chapter, and to defend civil actions
against it; (3) To adopt and make use of a corporate seal and to alter the same at pleasure;
(4) To adopt and alter bylaws for the regulation and conduct of its affairs and business;
(5) To acquire, receive, and take, by purchase, gift, lease, devise, or otherwise, and to
hold property of every description, real, personal, or mixed, whether...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-89-7.htm - 11K - Match Info - Similar pages
39-7-29
Section 39-7-29 Authorization and procedure for enlarging of services furnished by authority.
The authority shall not include in an enterprise in which it is engaged the furnishing of
any services not named in the petition provided for by this chapter unless the furnishing
of such additional services shall be submitted to and approved by the electors of the territory
of such authority. If the board of trustees of such authority shall by resolution determine
to submit the question of furnishing such additional services or if a petition requesting
the submission of such a question in the general form and executed as provided for petitions
for the submission to vote on the question of incorporating an authority under this chapter
shall be filed with the secretary of the board of trustees of the authority, such question
shall be submitted for the approval of such electors at a special election in the territory
to be held not less than 60 days after the adoption of such resolution or the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/39-7-29.htm - 2K - Match Info - Similar pages
45-8A-111.01
Section 45-8A-111.01 Definitions. The following words and phrases used in this part, 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) "Applicant"
means a natural person who files a written application with the governing body of the city
in accordance with the provisions of Section 45-8A-111.03. (2) "Authority" means
the Oxford Downtown Development Authority, a public corporation organized pursuant to this
part. (3) "Authorizing resolution" means a resolution adopted by the governing body
of the city in accordance with Section 45-8A-111.03, that authorizes the incorporation of
the authority. (4) "Board" means the board of directors of the authority. (5) "Bonds"
means and shall include bonds, notes, and certificates representing an obligation to pay money.
(6) "City" means the City of Oxford, Alabama. (7) "Director" means a member
of the board of the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-8A-111.01.htm - 3K - Match Info - Similar pages
45-23A-91.01
Section 45-23A-91.01 Definitions. The following words and phrases used in this part, and others
evidently intended as the equivalent thereof, shall, in the absence of clear implication otherwise,
be given the following respective interpretations: (1) APPLICANT. A natural person who files
a written application with the governing body of the city in accordance with Section 45-23A-91.03.
(2) AUTHORITY. The Ozark Downtown Redevelopment Authority, a public corporation organized
pursuant to this part. (3) AUTHORIZING RESOLUTION. A resolution adopted by the governing body
of the city in accordance with Section 45-23A-91.03, that authorizes the corporation of the
authority. (4) BOARD. The board of directors of the authority. (5) BONDS. Includes bonds,
notes, and certificates representing an obligation to pay money. (6) CITY. The City of Ozark,
Alabama. (7) DIRECTOR. A member of the board of the authority. (8) DOWNTOWN DEVELOPMENT AREA.
The central business district of the city as described in...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-23A-91.01.htm - 3K - Match Info - Similar pages
45-35A-52.01
Section 45-35A-52.01 Definitions. The following words and phrases used in this part, and others
evidently intended as the equivalent thereof, in the absence of clear implication herein otherwise,
shall be given the following respective interpretations herein: (1) APPLICANT. A natural person
who files a written application with the governing body of the city in accordance with Section
45-35A-52.03. (2) AUTHORITY. The Dothan Downtown Redevelopment Authority, a public corporation
organized pursuant to this part. (3) AUTHORIZING RESOLUTION. A resolution adopted by the governing
body of the city in accordance with Section 45-35A-52.03, that authorizes the corporation
of the authority. (4) BOARD. The board of directors of the authority. (5) BONDS. Includes
bonds, notes, and certificates representing an obligation to pay money. (6) CITY. The City
of Dothan, Alabama. (7) DIRECTOR. A member of the board of the authority. (8) DOWNTOWN DEVELOPMENT
AREA. The central business district of the city...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-35A-52.01.htm - 3K - Match Info - Similar pages
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