16-17-2
Section 16-17-2 Legislative intent. It is the purpose of the Legislature by this chapter to
authorize the incorporation of educational building authorities as public corporations and
as political subdivisions of the state for the purpose of providing ancillary improvements
for use in connection with educational institutions in this state, and to invest each authority
organized hereunder with all power that may be necessary or appropriate to enable it to accomplish
such purpose, including but without limitation to the power to lease its properties and to
issue interest-bearing revenue bonds. This chapter shall be liberally construed in conformity
with the said intent. (Acts 1966, Ex. Sess., No. 222, p. 325, §2.)...
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16-18-2
Section 16-18-2 Legislative intent. It is the purpose of the Legislature by this chapter to
authorize the incorporation of educational building authorities as public corporations and
as political subdivisions of the state for the purpose of providing ancillary improvements
for use in connection with educational institutions in this state and to invest each authority
organized hereunder with all power that may be necessary or appropriate to enable it to accomplish
such purpose, including but without limitation to the power to lease its properties and to
issue interest-bearing revenue bonds. This chapter shall be liberally construed in conformity
with the said intent. (Acts 1966, Ex. Sess., No. 221, p. 308, §2.)...
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11-57-2
Section 11-57-2 Legislative intent; construction of chapter generally. (a) It is the intention
of the Legislature by the passage of this chapter to empower each incorporated municipality
in the state to authorize the incorporation of one or more public corporations as political
subdivisions of the state for the purpose of providing public library facilities for lease
to and use by the municipality, to invest each corporation organized under this chapter with
all powers that may be necessary to enable it to accomplish such purposes, including the power
to lease its properties and to issue interest-bearing revenue bonds and to grant to each such
municipality power to rent such public library facilities on a year to year basis. (b) This
chapter shall be liberally construed in conformity with the said intent. (Acts 1961, No. 895,
p. 1407, §1; Acts 1961, Ex. Sess., No. 289, p. 2335, §1.)...
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11-56-2
Section 11-56-2 Legislative intent; construction of chapter generally. (a) It is the intention
of the Legislature by the passage of this chapter to empower each incorporated city and town
in the state to authorize the incorporation of one or more corporations as political subdivisions
of the state for the purpose of providing buildings and facilities for lease to and use by
the municipality, the county, or any public corporation in the performance of their respective
public functions or for lease to and use by the United States, and to invest each corporation
organized under this chapter with all powers that may be necessary to enable it to accomplish
such purchase, including the power to lease its properties and to issue interest-bearing revenue
bonds. (b) This chapter shall be liberally construed in conformity with the said intent. (Acts
1955, No. 493, p. 1116, §2; Acts 1956, 1st Ex. Sess., No. 127, p. 182, §2.)...
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22-21-318
Section 22-21-318 Powers of authority. (a) In addition to all other powers granted elsewhere
in this article, and subject to the express provisions of its certificate of incorporation,
an 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 in perpetuity, specified in its certificate of
incorporation or until dissolved as provided in Section 22-21-339; (2) To sue and be sued
in its own name in civil suits and actions, and to defend suits and actions against it, including
suits and actions ex delicto and ex contractu, subject, however, to the provisions of Chapter
93 of Title 11, which chapter is hereby made applicable to the authority; (3) To adopt and
make use of a corporate seal and to alter the same at pleasure; (4) To adopt, alter, amend
and repeal bylaws, regulations and rules, not inconsistent with the...
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11-92B-10
Section 11-92B-10 Powers and duties of authority. An authority shall have the following powers
and duties together with all powers and duties incidental thereto or necessary to the discharge
thereof: (1) To sue or be sued and to prosecute and defend in any court of competent jurisdiction.
(2) To adopt and to use a corporate seal and to alter the seal at pleasure. (3) To adopt and
alter bylaws for the regulation and conduct of its affairs and business. (4) With respect
to property within the operational area of the authority, to acquire, receive, and take title
to by purchase, gift, lease, devise, or otherwise, to hold, keep, improve, maintain, and impose
restrictive covenants and land use controls, to engage in environmental remediation and restoration
efforts as required under applicable agreements with the United States Department of Defense,
to equip, furnish, develop, and to transfer, convey, donate, sell, lease, grant options to,
assign, encumber with easements and mortgages and...
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37-6-3
Section 37-6-3 Enumerated powers. A cooperative shall have the power: (1) To sue and be sued
in its corporate name. (2) To adopt a corporate seal and alter the same at its pleasure. (3)
To generate, manufacture, purchase, acquire and transmit electric energy and to distribute,
sell, supply and dispose of electric energy to its members, to governmental agencies and political
subdivisions and to other persons; provided, however, that should a cooperative acquire any
electric facilities dedicated or devoted to the public use, it may continue to serve the persons
served directly from such facilities at the time of such acquisition without requiring that
such persons become members, and, provided further, that such nonmembers shall have the right
to become members upon nondiscriminatory terms. Cooperatives may not condition membership
or provision of service on compliance by the member with requirements not directly related
to the electric or other service to be provided by the cooperative....
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11-59-2
Section 11-59-2 Legislative intent; construction of chapter generally. (a) It is the intention
of the Legislature by the passage of this chapter to authorize the incorporation in the several
cities and towns in this state of public corporations for the purpose of owning and operating
and contracting with others for the operation of such facilities as may be specified in the
certificate of incorporation of the corporation or any amendment thereto and to vest such
corporations with all powers that may be necessary to enable them to accomplish any such purpose,
including the power to issue their revenue bonds and to mortgage such properties and pledge
the revenues derived therefrom as security therefor. (b) This chapter shall be liberally construed
in conformity with the said intention. (Acts 1947, No. 231, p. 94, §2.)...
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41-10-82
Section 41-10-82 Purpose of article; construction of article generally. It is the intention
of the Legislature by the passage of this chapter to empower each county in the state to authorize
the incorporation of one or more public corporations as political subdivisions of the state
for the purpose of providing products markets, exhibition halls, coliseums and buildings and
related structures where products and goods may be displayed and exhibits, contests and sporting
events conducted in order to encourage the buying and selling of products and goods, to encourage
the expansion of existing industries in Alabama, to encourage the location of new industries
in Alabama and to encourage public interest in sports and amusements and thus to promote commerce
and goodwill in the State of Alabama and to invest each corporation organized hereunder with
such powers as may be necessary or desirable to enable it to accomplish such purposes. This
article shall be liberally construed in conformity...
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22-21-131
Section 22-21-131 Purpose and construction of article. It is the intention of the Legislature
by the passage of this article to empower each incorporated city and town in the state to
authorize the incorporation of one or more public corporations as political subdivisions of
the state for the purpose of providing public hospital facilities, to invest each corporation
organized under this article with all powers that may be necessary to enable it to accomplish
such purposes, including the power to lease or operate its properties and to issue interest-bearing
revenue bonds, and to grant to the municipality power to rent such public hospital facilities
on a year-to-year basis and to pledge tax revenues to secure the rent payable therefor. This
article shall be liberally construed in conformity with the said intent. (Acts 1961, No. 109,
p. 134, §1; Acts 1978, No. 409, p. 394, §2.)...
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