24-1-72
Section 24-1-72 Powers of authority to secure payment of bonds, etc. In connection with
the issuance of bonds or the incurring of any obligation under a lease and in order to secure
the payment of such bonds or obligations, the authority shall have power: (1) To pledge by
resolution, trust indenture, mortgage, subject to the limitations hereinafter imposed, or
other contract all or any part of its rents, fees, or revenues. (2) To covenant against mortgaging
all or any part of its property, real or personal, then owned or thereafter acquired, or against
permitting or suffering any lien thereon. (3) To covenant with respect to limitations on its
right to sell, lease, or otherwise dispose of any housing project, or any part thereof, or
with respect to limitations on its right to undertake additional housing projects. (4) To
covenant against pledging all or any part of its rents, fees, and revenues to which its right
then exists, or the right to which may thereafter come into existence, or...
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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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24-1A-5
Section 24-1A-5 Powers of authority. The authority shall have the following powers:
(1) To have succession by its corporate name until the principal of and interest on the bonds
shall have been fully paid and until it shall have been dissolved as provided in this chapter;
(2) To sue and be sued and to prosecute and defend in any court having jurisdiction of the
subject matter and of the parties thereto; (3) To adopt and use a corporate seal and to alter
the seal at pleasure; (4) To establish a fiscal year; (5) To maintain an office in the City
of Montgomery; (6) To adopt, and from time to time amend and repeal, bylaws and rules and
regulations, not inconsistent with this chapter, to carry into effect the powers and purposes
of the authority in the conduct of its business; (7) To purchase mortgage loans from mortgage
lenders; (8) To contract with mortgage lenders for the origination of, or the servicing, of
mortgage loans to be made by such mortgage lenders and the servicing of the...
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9-6-9
Section 9-6-9 Bonds - Issuance; form, terms, denominations, etc.; sale; security for
payment 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 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, and a facsimile of
the signature of the chairman of the board or other chief executive officer may be printed
or otherwise reproduced on any such interest coupons in lieu of his manually signing the same.
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,...
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40-29-22
Section 40-29-22 Lien for taxes - Validity and priority against certain persons. (a)
Purchasers, holders of security interests, mechanic's lienors, and judgment lien creditors.
The lien imposed by Section 40-29-20 shall not be valid as against any purchaser, holder
of a security interest, mechanic's lienor, or judgment lien creditor until notice thereof
which meets the requirements of subsection (f) has been filed by the Commissioner of Revenue
or his delegate, and shall not be perfected as against any purchaser, holder of a security
interest, mechanic's lienor, or judgment lien creditor until the date such notice is filed.
(b) Protection for certain interest even though notice filed. Even though notice of a lien
imposed by Section 40-29-20 has been filed, such lien shall not be valid: (1) SECURITIES.
With respect to a security (as defined in subsection (g)(4)): a. As against a purchaser of
such security who at the time of purchase did not have actual notice or knowledge of the...

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45-25-250.04
Section 45-25-250.04 Powers of authority. (a) The authority 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 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 article, 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 located in one or more counties and whether
located within or outside the service area. (6) To make, enter into, and execute such contracts,
agreements, leases, and other instruments and to take such other actions...
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45-46-90.08
Section 45-46-90.08 Bonds of the authority. (a) All bonds issued by the authority shall
be signed by the chair 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 chair of its board, or other
chief executive officer; provided, that a facsimile of the signature of one, but not both,
of the officers may be printed or otherwise reproduced on any such bonds in lieu of his or
her 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 chair of its board, or other chief executive officer, may be printed
or otherwise reproduced on any such interest coupons in lieu of his or her manually signing
the same. (b) Any such bonds may be executed and delivered by the authority at...
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45-47-250.05
Section 45-47-250.05 Powers of authority. (a) The authority 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 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 article, 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 located in one or more counties and whether
located within or outside the service area. (6) To make, enter into, and execute such contracts,
agreements, leases, and other instruments and to take such other actions...
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11-54A-9
Section 11-54A-9 Powers of authority; all projects to be in development area. (a) The
authority 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 Section 11-54A-20,
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...

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41-9-806
Section 41-9-806 Powers of commission. The commission shall be authorized: (1) To investigate
and select available sites for housing historic exhibits, including the surrounding grounds,
with such state, federal or local agencies and governments and private individuals, corporations,
associations or other organizations as may be involved, taking into consideration all pertinent
factors affecting the suitability of such sites; to acquire, transport, renovate, maintain
and exhibit appropriate and suitable military or historic units, articles, exhibits and attractions;
to have full, complete and exclusive jurisdiction over the sites and any related exhibits;
(2) To promote tourism throughout the Cahaba Valley by attending travel shows; issuing news
releases, calendars of events and newsletters; publishing brochures and pamphlets; constructing
mobile travel exhibits; producing films and other visual presentations as may be necessary;
and advertising in magazines and/or newspapers; (3) To...
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