Code of Alabama

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16-17A-21
Section 16-17A-21 Reincorporation. (a) Any public corporation that meets the criteria specified
in subsection (b) may reincorporate as an authority under this chapter, and become subject
to and governed by this chapter, as provided in this section. (b) A public corporation may
reincorporate under this section if it satisfies both of the following: (1) The public corporation
is a health care authority incorporated or reincorporated under Title 22, Chapter 21, Articles
11 and 11A. (2) The public corporation was incorporated with the approval of a university.
(c) In order to reincorporate a qualifying public corporation as an authority, the following
steps shall be completed: (1) The board of directors of the qualifying public corporation
shall first adopt a resolution proposing articles of reincorporation. (2) After the adoption
by the board of a resolution approving articles of reincorporation, the qualifying public
corporation shall file with the sponsoring university a written request...
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41-10-45.1
organized under Chapter 92A of Title 11, industrial development board organized under Article
4, Chapter 54 of Title 11, or nonprofit organization organized to foster economic development
and described in Section 501(c) of the Internal Revenue Code of 1986, as in effect from time
to time. (d) ELIGIBLE EXPENSES. Expenses relating to land acquisition, site preparation or
development, building improvements, building construction, building renovations, infrastructure,
and any other real or personal property deemed necessary or useful in connection therewith.
(e) ELIGIBLE PROJECT. A project located in a targeted county that, when completed, will provide
employment opportunities within one or more targeted counties. An eligible project shall be
the subject of a project agreement, abatement agreement, or similar agreement between the
company and the state or an eligible borrower. (f) FUND. The Accelerate Alabama Fund. (g)
MAXIMUM LOAN AMOUNT. For any project anticipated to create more...
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16-17A-3
Section 16-17A-3 Incorporation of authority. (a) In order to incorporate an authority, the
sponsoring university shall adopt a resolution containing at least the following provisions:
(1) A finding that it is necessary, desirable, and in the best interests of the sponsoring
university that the proposed authority be incorporated. (2) Approval of the form of articles
of incorporation, which shall comply with the provisions of Section 16-17A-4. (3) Authorization
to proceed to form the proposed authority by executing the articles of incorporation approved
by the sponsoring university and filing the same with the Secretary of State. (b) A university
may incorporate more than one authority if it determines that each authority promotes the
public health mission of the university. (Act 2016-201, ยง3.)...
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16-17A-4
Section 16-17A-4 Articles of incorporation - Requirements. (a) In addition to any other matters
relating to the authority that the sponsoring university may choose to insert and that are
not inconsistent with state law, the articles of incorporation of an authority shall include
the following provisions: (1) The name of the authority, which shall include the word Authority
and shall include words identifying the sponsoring university. (2) The name of the sponsoring
university and the date on which the governing body of the sponsoring university adopted a
resolution authorizing the organization of the authority. (3) The name and address of the
registered agent of the authority. (4) A statement that the authority is organized pursuant
to the provisions of this chapter. (5) A statement that the authority shall exercise all powers
provided by law, unless the exercise by the authority of any of its powers hereunder is limited
in any way, in which case a statement of such limitations on the...
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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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45-4-244.20
or corporation (including the State of Alabama and its Alcoholic Beverage Control Board in
the sale of alcoholic beverages of all kinds, the University of Alabama, Auburn University,
and all other institutions of higher learning in the state, whether such institutions be denominational,
state, county, or municipal institutions, any association or other agency or instrumentality
of such institutions) engaged or continuing within Bibb County in the business of selling
at retail any tangible personal property whatsoever, including merchandise and commodities
of every kind and character (not including, however, bonds or other evidence of debt or stocks,
nor sales of materials and supplies to any person for use in fulfilling a contract for the
painting, repair, or reconditioning of vessels, barges, ships, and other watercraft of over
50 tons burden), an amount equal to one percent of the gross proceeds of sales of the business
except when a different amount is expressly provided herein....
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34-27-2
Section 34-27-2 Definitions; exemptions from chapter. (a) For purposes of Articles 1 and 2
of this chapter, the following terms shall have the respective meanings ascribed by this section:
(1) ASSOCIATE BROKER. Any broker other than a qualifying broker. (2) BROKER. Any person licensed
as a real estate broker under Articles 1 and 2 of this chapter. (3) COMMISSION. The Alabama
Real Estate Commission, except where the context requires that it means the fee paid to a
broker or salesperson. (4) COMMISSIONER. A member of the commission. (5) COMPANY. Any sole
proprietorship, corporation, partnership, branch office, or lawfully constituted business
organization as the Legislature may provide for from time to time, which is licensed as a
company under Articles 1 and 2 of this chapter. (6) ENGAGE. Contractual relationships between
a qualifying broker and an associate broker or salesperson licensed under him or her whether
the relationship is employer-employee, independent contractor, or...
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27-61-1
functions. 5. CORPORATE RECORDS OF THE COMMISSION The Commission shall maintain its corporate
books and records in accordance with the Bylaws. 6. QUALIFIED IMMUNITY, DEFENSE, AND INDEMNIFICATION
a. The Members, officers, executive director, employees, and representatives of the Commission,
the Executive Committee, and any other Committee of the Commission shall be immune from suit
and liability, either personally or in their official capacity, for any claim for damage to
or loss of property or personal injury or other civil liability caused by or
arising out of any actual or alleged act, error, or omission that occurred, or that the person
against whom the claim is made had a reasonable basis for believing occurred within the scope
of Commission employment, duties, or responsibilities; provided that nothing in this paragraph
shall be construed to protect any such person from suit and/or liability for any damage, loss,
injury, or liability caused by the intentional or willful or wanton...
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40-9B-3
23 of this title, or payments required to be made in lieu thereof, shall relieve the seller
from the obligation to collect and pay over the transaction tax as if the sale were to a person
exempt, to the extent of the abatement, from the transaction tax. (2) ALTERNATIVE ENERGY RESOURCES.
The definition given in Section 40-18-1. (3) CONSTRUCTION RELATED TRANSACTION TAXES. The transaction
taxes imposed by Chapter 23 of this title, or payments required to be made in lieu thereof,
on tangible personal property and taxable services incorporated into an industrial
development property, the cost of which may be added to capital account with respect to the
property, determined without regard to any rule which permits expenditures properly chargeable
to capital account to be treated as current expenses. (4) DATA PROCESSING CENTER. An establishment
at which not less than 20 new jobs are located, the average annual total compensation, including
benefits, of such new jobs to be not less than...
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41-16-27
the Governor, except in cases where the awarding authority is a two-year or four-year college
or university governed by a board. The awarding authority or requisitioning agency shall have
the right to reject any bid if the price is deemed excessive or quality of product inferior.
Awards are final only after approval of the purchasing agent. (b)(1) The awarding authority
may award multiple purchase contracts resulting from a single invitation-to-bid where the
specifications of the items of personal property or services intended to be purchased
by a requisitioning agency or agencies are determined, in whole or in part, by technical compatibility
and operational requirements. In order to make multiple awards under this provision, the awarding
authority must include in the invitation-to-bid a notice that multiple awards may be made
and the specific technical compatibility or operational requirements necessitating multiple
awards. Multiple awards of purchase contracts with unique...
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