41-10-752
Section 41-10-752 Incorporation of authority authorized; application; filing. (a) To become
a public corporation and instrumentality of the state with the powers herein provided, the
Governor, the State Treasurer, the Speaker of the House of Representatives, the President
Pro Tempore of the Senate, the Secretary of Labor, and the Finance Director shall present
to the Secretary of State of Alabama an application signed by them which shall set forth all
of the following: (1) The name, official designation, and official residence of each of the
applicants, together with a certified copy of the commission evidencing each applicant's right
to office. (2) The date on which each applicant was inducted into office and the term of office
of each applicant. (3) The name of the proposed public corporation, which shall be Alabama
Economic Settlement Authority. (4) The location of the principal office of the proposed corporation,
which shall be in the City of Montgomery. (5) Any other matter...
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9-10-4
Section 9-10-4 Election of officers; board meetings; records and copies of board proceedings;
exercise of corporate powers; compensation of board members. Upon completion of the membership
of the board of directors and incorporation as provided in this article, the board members
shall meet in an organizational session at the place of its main office and elect a chairman,
vice-chairman, a secretary and a treasurer, but the office of secretary and treasurer may
be held by the same person. The board shall set a regular time and place for its meetings,
and a majority of its members shall constitute a quorum for the transaction of its business.
All proceedings of the board shall be reduced to writing by the secretary of the corporation
and recorded in a well-bound book. Copies of such proceedings, when certified by the secretary
of the corporation, shall be received in all courts as evidence of the matters and things
therein certified. All powers of the corporation shall be exercised by the...
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10A-3-7.04
Section 10A-3-7.04 Voluntary dissolution - Revocation of voluntary dissolution proceedings.
(a) A nonprofit corporation may, at any time prior to the delivery of the articles of dissolution
to the Secretary of State for filing, revoke the action theretofore taken to dissolve the
nonprofit corporation, in the following manner: (1) If there are members entitled to vote
thereon, the board of directors shall adopt a resolution recommending that the voluntary dissolution
proceedings be revoked, and directing that the question of the revocation be submitted to
a vote at a meeting of members entitled to vote thereon, which may be either an annual or
a special meeting. Written notice stating that the purpose, or one of the purposes, of the
meeting is to consider the advisability of revoking the voluntary dissolution proceedings
shall be given to each member entitled to vote at the meeting, within the time and in the
manner provided in this chapter for the giving of notice of meetings of...
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11-20-71
Section 11-20-71 Board of directors; officers; proceedings; qualifications of directors. (a)
The board of directors of an agriculture authority shall be as specified in the articles and
in accordance with Section 11-20-70. (b) Each agriculture authority shall have a chair, vice
chair, secretary, and treasurer to be elected by the board of directors. The offices of secretary
and treasurer may, but need not, be held by the same person. A majority of the directors shall
constitute a quorum for the transaction of business. The officers and directors shall serve
for the terms provided for in the articles. A director may not draw any salary for any service
rendered or for any duty performed as director. The duties of the chair, vice chair, secretary,
and treasurer shall be those as are customarily performed by such officers and as may be prescribed
by the board of directors from time to time. (c) All directors shall serve until their successors
are duly appointed or until they cease to be...
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9-10-33
Section 9-10-33 Board of directors and officers. All powers of the corporation shall be exercised
by the board of directors or pursuant to its authority. The directors shall be elected by
the county commission for staggered terms of office as follows: two years, three years, four
years, five years and six years. Thereafter the term of office of each director shall be six
years. If any director resigns or dies or becomes incapable of acting as a director or ceases
to reside in the county, the governing body shall elect a successor to serve for the unexpired
term. Directors shall be eligible for reelection by the county commission to succeed themselves
in office. A majority of the members of the board shall constitute a quorum for the transaction
of business. The corporation shall have a president, a vice-president, a secretary and a treasurer,
but the office of secretary and treasurer may be held by the same person. All officers shall
be elected by the board. The members of the board...
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41-14A-6
Section 41-14A-6 Establishment of SAFE board of directors; powers and duties of the board of
directors. (a) There is hereby established a Board of Directors of the SAFE Program charged
with responsibility and authority to assess and manage the sufficiency of the collateral pool
and the SAFE Program to provide adequate protection from losses to public depositors. In exercising
its powers and performing its responsibilities, the board of directors shall constitute a
body politic under the laws of the state performing the public function of assuring the safety
of public deposits. (b) The State Treasurer shall be a permanent, standing, voting member
of the board of directors and shall serve as its chair. The Superintendent of Banks shall
be a permanent, standing, non-voting member of the board of directors. The remaining six members
shall each possess knowledge, skill, and experience in one or more of the following areas:
(1) Financial analysis. (2) Trend analysis. (3) Accounting. (4)...
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41-10-723
Section 41-10-723 Alabama Construction Recruitment Institute - Application. (a) The Alabama
Construction Recruitment Institute shall be incorporated as a public corporation with the
powers herein provided. (b) The Governor, the state Commissioner of Revenue, and the Director
of Finance shall present to the Secretary of State of Alabama an application signed by them
which shall set forth all of the following: (1) The name, official designation, and official
residence of each of the applicants and the initial appointed members of the board. (2) The
date on which each applicant and member of the board took office or was appointed, respectively,
by his or her respective appointing authority and the term of office of each member's respective
appointing authority. (3) The location of the principal office of the proposed corporation,
which shall be in the City of Montgomery. (4) Any other matter relating to the institute which
the applicants may choose to insert and which is not inconsistent...
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2-6-112
Section 2-6-112 Execution, authentication, and delivery of bonds. All bonds of the corporation
shall be signed by its president, and the seal of the corporation shall be affixed thereto
and attested by its secretary. The signatures of the president and secretary may be facsimile
signatures and a facsimile of the seal of the corporation may be imprinted on the bonds if
the board of directors, in its proceedings with respect to issuance of such bonds, provides
for manual authentication of such bonds by a trustee or paying agent or by named individuals
who are employees of the state and who are assigned to the Department of Finance or office
of the State Treasurer. Delivery of bonds so executed shall be valid notwithstanding any changes
in officers or in the seal of the corporation after the signing and sealing of the bonds.
(Act 2011-575, p. 1231, §14.)...
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2-6-77
Section 2-6-77 Powers of corporation - Execution of securities. All securities of the corporation
shall be signed by its president or vice-president, and the seal of the corporation shall
be affixed thereto and attested by its secretary. The signatures of the president, vice-president
and secretary may be facsimile signatures and a facsimile of the seal of the corporation may
be imprinted on the securities if the board of directors, in its proceedings with respect
to issuance of such securities, provides for manual authentication of such securities by a
trustee or paying agent or by named individuals who are employees of the state and who are
assigned to the Finance Department or State Treasurer's office of the state. Delivery of securities
so executed shall be valid notwithstanding any changes in officers or in the seal of the corporation
after the signing and sealing of such securities. (Acts 1984, No. 84-252, p. 405, §8.)...

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23-7-4
Section 23-7-4 Board of directors. (a) The board of directors is the governing board of the
bank. The board shall consist of seven voting members as follows: (1) The Director of the
Department of Transportation, ex officio, who shall be designated as chair. (2) The State
Finance Director, ex officio, who shall be designated as secretary. (3) Three members appointed
by the Governor. (4) One member of the House of Representatives appointed by the Speaker of
the House of Representatives. (5) One member of the Senate appointed by the President Pro
Tempore of the Senate. (b) Members appointed by the Governor hold office concurrently with
the Governor and until their successors are appointed and qualified. Members appointed by
the Speaker of the House of Representatives and the President Pro Tempore of the Senate shall
serve during the member's term of office during which the member was appointed and until the
member's successor is appointed and qualified. The vice chair shall be elected by...
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