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11-89-18
Section 11-89-18 Existence of district not to prevent subsequent incorporation, etc., of another
district. The existence of one or more districts incorporated under the provisions of this
chapter shall not prevent the subsequent incorporation under this chapter of another district
or the amendment of the certificate of incorporation of another district pursuant to authority
granted by the same county, counties, municipality or municipalities, public corporation or
public corporations, or by the same combination thereof, even though the service area described
in the certificate of incorporation, as originally filed or amended, of any existing district
may include territory that lies within the proposed service area of a district that is proposed
to be incorporated under this chapter or that proposes to amend its certificate of incorporation
under this chapter. (Acts 1970, Ex. Sess., No. 29, p. 2630, §19; Acts 1989, No. 89-745, p.
1494, §9.)...
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11-99B-16
Section 11-99B-16 Existence of district not to prevent subsequent incorporation of another
district. The existence of one or more districts incorporated under the provisions of this
chapter shall not prevent the subsequent incorporation under this chapter of another district
or the amendment of the certificate of incorporation of another district pursuant to authority
granted by the same county, counties, municipality or municipalities, public corporation or
public corporations, or by the same combination thereof, even though the project described
in the certificate of incorporation, as originally filed or amended, of any existing district
may include a project proposed by a district that is proposed to be incorporated under this
chapter or that proposes to amend its certificate of incorporation under this chapter. (Act
2000-781, p. 1825, §16.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-99B-16.htm - 1K - Match Info - Similar pages
5-7A-62
Section 5-7A-62 Application to convert charter; written plan of conversion; authorizing resolution;
submission to superintendent; fee; tentative approval; vote of stockholders or members; directors;
articles of incorporation and bylaws; statement of superintendent's objections; amendment;
appeal of disapproval; application to FDIC; final approval and permit. Any savings institution
may apply to the superintendent for permission to convert its charter in order to do business
as a state chartered bank in accordance with the following procedures: (1) The board of directors
shall approve a written plan of conversion, the application for conversion and shall adopt
an authorizing resolution, all by a vote of a majority of all the directors. The plan of conversion
shall include a statement of: a. The proposed organization and management structure of the
resulting bank if the application were approved, and the proposed name under which it would
do business as a bank; b. The method and time...
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10A-2-6.02
Section 10A-2-6.02 Terms of class or series determined by board of directors. REPEALED IN THE
2019 REGULAR SESSION BY ACT 2019-94 EFFECTIVE JANUARY 1, 2020. THIS IS NOT IN THE CURRENT
CODE SUPPLEMENT. (a) If the articles of incorporation so provide, and if the action is not
inconsistent with the provisions of the Constitution of Alabama of 1901, as the same may be
amended from time to time, the board of directors may determine, in whole or in part, the
preferences, limitations, and relative rights, within the limits set forth in Section 10A-2-6.01,
of: (1) any class of shares before the issuance of any shares of that class; or (2) one or
more series within a class before the issuance of any shares of that series. (b) Each series
of a class must be given a distinguishing designation. (c) All shares of a series must have
preferences, limitations, and relative rights identical with those of other shares of the
same series, and except to the extent otherwise provided in the description of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-2-6.02.htm - 2K - Match Info - Similar pages
37-5-1
Section 37-5-1 Definitions. Unless the context otherwise requires, the following terms, when
used in this chapter, shall have the meanings respectively ascribed to them by this section:
(1) MUNICIPAL POWER DISTRICT, POWER DISTRICT or DISTRICT. A municipal power district organized
under this chapter, either as originally organized or as the same may be from time to time
altered or amended. (2) MUNICIPALITY. Any city or town. (3) GOVERNING BODY. Whenever used
in relation to any municipality, the body or board, by whatsoever name known, having charge
of the governing of a municipality and shall be held to include the mayor or other chief executive
officers of such municipality in any case wherein the concurrence or approval of such officer
is required by the law governing such municipality for the adoption of any municipal ordinance
or resolution or other municipal act provided for in this chapter. (4) BOARD OF DIRECTORS,
DIRECTORS or BOARD. The board of directors of a municipal power...
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11-62-4
Section 11-62-4 Amendment of certificate of incorporation. (a) The certificate of incorporation
of any authority may at any time and from time to time be amended in the manner provided in
this section. The board 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 of any authority organized on the date of the adoption of the said resolution
proposing the amendment. (b) After the adoption by the board of a resolution proposing an
amendment to the certificate of incorporation of any authority, the board shall file a written
application with the governing body of the determining municipality. Such application shall
state that it is wise, expedient, necessary, or advisable for the said amendment to be made
and request that the governing body of the determining...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-62-4.htm - 4K - 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
10A-2-8.25
Section 10A-2-8.25 Committees. REPEALED IN THE 2019 REGULAR SESSION BY ACT 2019-94 EFFECTIVE
JANUARY 1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. (a) Unless the articles of incorporation
or bylaws provide otherwise, a board of directors may create one or more committees and appoint
members of the board of directors to serve on them. Each committee may have one or more members,
who serve at the pleasure of the board of directors. (b) The creation of a committee and appointment
of members to it must be approved by the greater of (1) a majority of all the directors in
office when the action is taken or (2) the number of directors required by the articles of
incorporation or bylaws to take action under Section 10A-2-8.24. (c) Sections 10A-2-8.20 through
10A-2-8.24, which govern meetings, action without meetings, notice and waiver of notice, and
quorum and voting requirements of the board of directors, apply to committees and their members
as well. (d) To the extent specified by the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-2-8.25.htm - 2K - Match Info - Similar pages
11-86A-21
Section 11-86A-21 Dissolution of authority; title to property of authority to vest in county
of incorporation upon dissolution of authority unless otherwise provided. (a) At any time
when no bonds of an authority are outstanding, the authority may be dissolved by the adoption
of a resolution by the board of directors recommending dissolution and by the approval of
the dissolution by the governing body of the county of incorporation and each participating
municipality and the adoption of a resolution to the effect that the county and each participating
municipality concur. The resolution need not be published or posted and need not be offered
for more than one reading. Upon the dissolution the chair and secretary of the dissolved authority
shall execute articles of dissolution reciting that the resolutions have been adopted and
that the authority has been dissolved. The articles of dissolution shall be filed with the
probate judge, who shall record the dissolution. (b) Upon dissolution...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-86A-21.htm - 1K - Match Info - Similar pages
11-99A-8
Section 11-99A-8 Internal operations of a district. (a) Each board shall have a chair, a secretary,
and a treasurer or a secretary-treasurer, and may have a vice-chair and other officers as
the board may determine from time to time. (b) All proceedings of a board and of all committees
of the board shall be recorded in minutes, which shall be maintained and available for inspection
by the appointing government. (c) All funds of a district shall be deposited or invested as
directed by the board. However, funds received by the district from a public person and not
from assessments shall be deposited or invested only in a manner as a public person may invest
or deposit funds. (d) Any member of a board and any officer may call a special meeting of
the board as may be permitted by the bylaws or resolutions of the board. Personal notice may
be waived by any members of the board before, at, or after a meeting by waiver in writing
signed by the person giving the waiver. The attendance of any...
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