Code of Alabama

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11-50B-3
Section 11-50B-3 Permitted activities by public providers; lease of equipment by municipal
governing bodies. In addition to all other power, rights, and authority heretofore granted
by law, public providers may acquire, establish, purchase, construct, maintain, enlarge, extend,
lease, improve, and operate cable systems, telecommunications equipment and telecommunications
systems, and furnish cable service, interactive computer service, Internet access, other Internet
services, and advanced telecommunications service, or any combination thereof, in the case
of a public provider that is a municipality, to the inhabitants of the municipality and police
jurisdiction, the area within the territorial jurisdiction of the municipal planning commission
determined in accordance with the provisions of Section 11-52-30, as amended, and any area
in which the municipality furnishes or sells any utility, such as electricity, gas, water,
or sewer, and in the case of a public provider that is a...
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11-20-74
Section 11-20-74 Borrowing of money; security. (a) Subject to the conditions, qualifications,
and restrictions set forth in subsection (b), an agriculture authority may borrow money from
any person or governmental entity. As security for any money borrowed, together with interest
thereon, and any obligations incurred or assumed, an agriculture authority may mortgage, pledge,
or otherwise transfer and convey its real, personal, and mixed property, or any part or parts
thereof, whether then owned or thereafter acquired, including any franchises then owed or
thereafter adopted and all or any part of any funds of the authority. In a resolution authorizing
the mortgage given to secure the payment thereof, an agriculture authority, in addition to
its other powers, shall have the power to agree with the several holders of the mortgage to
make, enter, and perform covenants and agreements as to all of the following: (1) The conduct,
management, and maintenance of the properties held by the...
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22-21-5
Section 22-21-5 Incorporation of public bodies created under chapter; powers of same. (a) Any
public body heretofore or hereafter created and established by ordinance or resolution pursuant
to this chapter may become a body corporate and politic under the name set forth in such ordinance
or resolution by filing a certified copy of such ordinance or resolution with the Secretary
of State, to be recorded in his office. The members of such public body shall constitute the
members of the corporation until they are succeeded by other members as provided by said ordinance
or resolution. Neither the members of the corporation nor its directors or officers shall
be personally liable for the debts, torts or undertakings of the corporation. (b) The corporations
provided for by this section shall have all the power and authority of health care authorities
as provided for by Article 11 of this chapter; except, that such corporations shall not have
or exercise any power which is inconsistent with...
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23-2-153
Section 23-2-153 Exemptions from levy, charge, assessment, collection, etc., of certain taxes;
certificate of exemption. (a) The exercise of the powers granted by this article shall be
in all respects for the benefit of the people of the state, for the increase of their commerce
and prosperity, and for the improvement of their health and living conditions. Since the ownership,
operation, and maintenance of toll road, bridge, or tunnel projects by the authority will
constitute the performance of essential functions, the authority, department, and any concessionaire,
or any contractor, subcontractor, or agent thereof, shall not be required to pay the taxes
or assessments as specifically authorized in this section upon any toll road, bridge, or tunnel
project or any property acquired or used by the authority, department, or any concessionaire
under this article. (b) An income, excise, or license tax or assessment may not be levied
upon or collected in the state with respect to any...
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10A-20-1.04
Section 10A-20-1.04 Powers. A corporation sole under this article shall have the following
powers: (1) To have succession by its corporate name perpetually; (2) To sue and be sued and
defend; (3) To make and use a corporate seal and alter the same at pleasure; (4) To receive,
take and hold, by sale, gift, lease, devise, or otherwise, real and personal estate of every
description for charitable, educational, burial, religious, and church purposes and to manage
and dispose of the same by any form of legal conveyance or transfer with full power and authority
to borrow money and to convey by mortgage deed; (5) To acquire, hold, purchase, receive by
bequest or devise, and to convey or otherwise dispose of all such real, personal, and mixed
property as may be necessary or convenient for the construction, operation, or maintenance
of the diocesan enterprises or for the conduct or management of the business or businesses
of the diocese of the bishop, or as the purposes of the bishop may...
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10A-20-7.10
Section 10A-20-7.10 Rights to shares, bonds, securities, or other evidences of corporate indebtedness.
(a) Notwithstanding any rule at common law, any provision of any general or special law or
any provision in their respective charters, agreements of association, certificate of formation,
or trust indentures: (1) Any person, including all domestic corporations organized for the
purpose of carrying on business within this state, and further including, without implied
limitation, public utility companies, insurance companies, foreign corporations licensed to
do business within this state, all financial institutions, as defined in Section 10A-20-7.01,
and all trusts, are hereby authorized to acquire, purchase, hold, sell, assign, transfer,
mortgage, pledge, or otherwise dispose of any bonds, securities, or other evidences of indebtedness
created by, or the shares of the capital stock of, the corporation and, while owners of the
stock, to exercise all the rights, powers, and privileges of...
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16-53-6
Section 16-53-6 Board of trustees - Powers as to organization and administration. The president
shall be elected by the board of trustees and shall have the power and duty to appoint a corps
of instructors who shall be styled the faculty and such other instructors and officers as
the interest of the university may require, to remove any instructors or officers, to fix
their salaries or compensation, and to define the authority or duty of such instructors or
officers. The president may regulate, alter, and modify the organization of the university,
subject to review and concurrence of the board. The president shall further have the duty
and authority to prescribe courses of instruction within academic programs that have been
approved by the board. The president may confer academic degrees and such honorary degrees
as are usually conferred by institutions of similar character upon the recommendation of the
faculty. The board may designate one or more depositories for school funds. (Acts...
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16-55-4
Section 16-55-4 Board of trustees - Powers as to organization and administration. The board
of trustees shall have the power to organize the institution by appointment of instructors
and faculty members and such executive and administrative officers and employees as may be
necessary to operate the university; the trustees may remove any officers, faculty members
or employees of the institution in their discretion and shall have the power and authority
to fix salaries or compensation, increase or reduce the same at their discretion, to regulate,
alter or modify the government of the institution as they may consider advisable. The trustees
may prescribe courses of instruction, rates of tuition and fees, confer such academic and
honorary degrees as are usually conferred by institutions of like character; and they may
do whatever else they may consider in the best interest of the institution. (Acts 1963, 2nd
Ex. Sess., No. 157, p. 350, ยง4.)...
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22-21-333
Section 22-21-333 Exemptions from taxation. All properties of an authority, whether real, personal
or mixed, and the income therefrom, all securities issued by an authority and the coupons
applicable thereto and the income therefrom, and all indentures and other instruments executed
as security therefor, all leases made pursuant to the provisions of this article and all revenues
derived from any such leases, and all deeds and other documents executed by or delivered to
an authority shall be exempt from any and all taxation by the state, or by any county, municipality
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 an authority may engage. An authority shall not be obligated to pay or allow any
fees, taxes or costs to the judge of probate of any county in respect of its incorporation,
the amendment of its certificate of incorporation or the...
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22-3A-7
Section 22-3A-7 Powers of authority. The authority shall have the following powers among others
specified in this chapter: (1) To have succession by its corporate name until dissolved as
provided in this chapter; (2) To sue and be sued and to prosecute and defend, at law or in
equity, in any court having jurisdiction of the subject matter and of the parties thereto;
(3) To have and to use a corporate seal and to alter the same at pleasure; (4) To make and
alter all needful bylaws, rules and regulations for the transaction of the authority's business
and the control of its property and affairs; (5) To provide for the acquisition, construction,
installation, equipping, operation and maintenance of public health facilities, including
the equipping and improvement of existing public health facilities, and to vest title to such
facilities or to cause or permit title to such facilities to be vested in the authority, the
State Board of Health or county board(s) of health, as the directors...
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