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16-11-11
Section 16-11-11 School property vested in board. All property real, personal and mixed now
held or hereafter acquired for school purposes shall be held in trust by the city board of
education for the use of the public schools of the city. (School Code 1927, §200; Code 1940,
T. 52, §160.)...
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10-13-2
Section 10-13-2 Definitions. As used in this chapter, unless the context otherwise requires,
the following words shall have the meanings respectively ascribed to them: (1) REAL ESTATE
INVESTMENT TRUST. An unincorporated trust or association in which property is acquired, held,
managed, administered, controlled, invested, or disposed of for the benefit and profit of
any person who may become shareholder or an entity that otherwise complies with the provisions
of 26 U.S.C. Sections 856 to 858, inclusive, of the U.S. Internal Revenue Code, and the rulings
and regulations adopted thereunder. (2) SHARE. A transferable unit of beneficial interest
in a real estate investment trust. (3) SHAREHOLDER. The holder of a transferable unit of beneficial
interest in a real estate investment trust. (Acts 1995, No. 95-628, p. 1317, §2.)...
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10A-10-1.02
Section 10A-10-1.02 Definitions. As used in this chapter, unless the context otherwise requires,
the following words shall have the meanings respectively ascribed to them: (1) REAL ESTATE
INVESTMENT TRUST. An unincorporated trust or association in which property is acquired, held,
managed, administered, controlled, invested, or disposed of for the benefit and profit of
any person who may become a shareholder or an entity that otherwise complies with the provisions
of 26 U.S.C. Sections 856 to 860, inclusive, of the U.S. Internal Revenue Code, as amended
from time to time, and the rulings and regulations adopted thereunder. (2) SHARE. A transferable
unit of beneficial interest in a real estate investment trust. (3) SHAREHOLDER. The holder
of a transferable unit of beneficial interest in a real estate investment trust. (Acts 1995,
No. 95-628, p. 1317, §2; §10-13-2; amended and renumbered by Act 2009-513, p. 967, §308.)...
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22-22B-4
Section 22-22B-4 Program for management and marketing of recyclable materials; contracts authorized.
State agencies and public school systems are hereby authorized to enter into contracts of
three years or less duration with private and nonprofit organizations for the purpose of managing
recyclable materials, subject to the approval of the surplus property division of the Alabama
Department of Economic and Community Affairs. Recyclable materials produced by state agencies
and public school systems may be sold to public purchasers or may be donated to nonprofit
organizations as long as the materials are substantially recycled. Sales and donations of
recyclable materials shall be conducted through or approved by the surplus property division
of the Alabama Department of Economic and Community Affairs in accordance with rules and regulations
to be adopted by the Alabama Department of Economic and Community Affairs governing the sale
or donation of recyclable materials. (Acts 1990, No....
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11-47-13
Section 11-47-13 Purchase of school property and erection of school buildings; levy of tax
therefor. All municipal corporations may purchase school property or purchase lots and erect
school buildings thereon for the use and benefit of the citizens of their respective towns
or cities. For said purpose the town council or board of aldermen may levy a tax not exceeding
one-fourth of one percent; provided, that the city or town tax shall not exceed the constitutional
limitation. The town council or board of aldermen may purchase school property, from time
to time, for the maintenance and improvement of such school property and the maintenance of
public schools therein within the limits prescribed in this section. Any purchase of school
property under the power granted in this section shall only be made by the majority vote of
the town council or board of aldermen of such city or town and approved by the mayor. (Code
1907, §1458; Code 1923, §2314; Code 1940, T. 37, §474.)...
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16-26D-5
Section 16-26D-5 THIS SECTION WAS ASSIGNED BY THE CODE COMMISSIONER IN THE 2018 REGULAR SESSION,
EFFECTIVE JULY 1, 2018. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. (a) The board of trustees
may perform the following functions: (1) Accept donations, bequests, or other forms of financial
assistance for educational purposes from any public or private person or agency and comply
with rules and regulations governing grants from the federal government or from any other
person or agency, which are not in contravention of the constitution and laws. (2) Purchase
or lease real estate and equipment and make improvements to facilities necessary for the use
of the school, in accordance with applicable law. (3) Lease land or other property belonging
to the board of trustees or to the school. (4) Sell or exchange land or other real property
not needed for school purposes, but only when specifically authorized by law and then only
in accordance with the procedures provided for the sale of unused...
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16-47-1
Section 16-47-1 Body corporate. The Governor and the State Superintendent of Education, by
virtue of their respective offices, the trustees heretofore appointed from the different congressional
districts of the state under the provisions of Section 264 of the constitution and such other
members as may be from time to time added to the board of trustees and their successors in
office are constituted a body corporate under the name of "the Board of Trustees of the
University of Alabama," to carry into effect the purposes and intent of the Congress
of the United States in the grant of lands by the act of April 20, 1818, and of the act of
March 2, 1819, to this state, to be by it held and administered for the benefit of a seminary
of learning. (School Code 1927, §543; Code 1940, T. 52, §486.)...
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11-18-3
Section 11-18-3 Board of trustees; trust fund; contributions by county, state, etc. The county
commission is authorized, with the approval of the Governor, to appoint a board of three trustees
for the acquisition and maintenance of said lands and property. Said trustees shall be graduates
of some high school or some reputable college, shall be men or women of public spirit, of
means, and shall serve without compensation. Their terms and successors shall be fixed and
determined by the county commission with the approval of the Governor. A trust fund may be
created by public donations or otherwise for the acquisition and maintenance of such property
and lands and it shall be lawful for the county, state, and national government to contribute
to the acquisition and maintenance of said lands and property. The county commission is authorized
under this section to make such contracts as may be deemed necessary. (Acts 1939, No. 382,
p. 506; Code 1940, T. 12, §226.)...
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16-11-12
Section 16-11-12 Acquisition, maintenance, etc., of property - Generally. The city board of
education shall have the full and exclusive rights within the revenue appropriated for such
purposes, or accruing to the use of the public schools, to purchase real estate, furniture,
appropriated libraries, fuel and supplies for the use of the schools, and to sell the same,
and to make expenditures for the maintenance and repairs of the school grounds, buildings
and other property, to establish and build new schools, to superintend the erection thereof,
to purchase sites therefor, to make additions, alterations and repairs to the building and
other property erected for school uses, and to make necessary and proper notes, contracts
and agreements in relation to such matters. All such contracts shall inure to the benefit
of the public schools, and any action brought upon them and for the recovery and protection
of money and property belonging to and used by the public schools, or for damages,...
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40-7-17
Section 40-7-17 By whom property should be listed. The property of every minor shall be listed
by his guardian, if he has one; if he has no guardian, by his father, if living; if the father
is dead, by his mother, if living; if the mother is also dead or married, by the person having
it in charge; of the wife, by the husband, if living and sane, and the parties reside together;
if the husband is dead or insane, or he is not living with his wife, by the wife; of any person
for whose benefit the property is held in trust, by the trustee; of every deceased person,
by the executor or administrator, but if there be no executor or administrator by any person
having an interest in the estate of said decedent by bequest or devise or under the laws of
descent and distribution; of those whose property is in the hands of receivers, by such receivers;
of every firm or body corporate, by the partner, president, principal officer, or agent thereof;
property in the hands or custody of any public...
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