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16-47-95
Section 16-47-95 Acquisition of property for school of medicine; issuance of bonds. The Board
of Trustees of the University of Alabama shall have full power and authority to acquire by
purchase, lease or gift from any city, county or other public or private body, and to maintain,
utilize and operate any personal or real property, whether in the form of hospitals,
clinics or otherwise, deemed to be appropriate and necessary to the maintenance and operation
of its school of medicine, and any such city, county or other public or private body shall
have full power and authority to convey and transfer the said personal and real property
accordingly on such terms as its governing body shall determine. The said board is further
given the specific full power and authority to assume any and all legal obligations lying
against the vendor, lessor or donor by virtue of ownership of property so acquired, and to
assume any and all legal obligations lying against the property so acquired or against...
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16-17A-17
Section 16-17A-17 Conveyance of property, etc., to authority; pledge of full faith and credit.
(a) The state, any university, any governmental entity, and any public corporation is hereby
authorized to give, transfer, convey, or sell to any authority or a university affiliate,
with or without consideration: (1) Any of its health care facilities and other properties,
real or personal, and any funds and assets, tangible or intangible, relative to the
ownership or operation of any such health care facilities, including any certificates of need,
assurances of need, or other similar rights appertaining or ancillary thereto, irrespective
of whether they have been exercised. (2) Any taxes, revenues, or funds owned or controlled
by it. (3) Nothing in this chapter shall be construed as allowing an authority or university
affiliate to be exempt from compliance with all applicable laws and regulations of the State
Certificate of Need program and the Alabama State Health Planning and Development...
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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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22-21-179
or until dissolved as provided in Section 22-21-191; (2) Subject to the limitations contained
in the provisions of this section, to maintain actions and have actions maintained against
it in its own name in civil, including ex delicto and ex contractu, actions; (3) To adopt
and make use of a corporate seal and to alter the same at pleasure; (4) To adopt bylaws and
amend the same; (5) To receive, acquire, take and hold, whether by purchase, gift, lease,
devise or otherwise, real and personal property of every description and to manage
and dispose of the same by any form of legal conveyance or transfer; (6) To acquire, construct,
equip, enlarge, improve, maintain and operate one or more hospitals and to do all things necessary
to that end; (7) To contract with any institution for the instruction of medicine to provide
training for nurses, technicians and other technical, professional and paramedical personnel
upon such terms, conditions and number of years as they may determine;...
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11-54-211
Section 11-54-211 Authority of municipalities to acquire real property for donation to United
States for defense purposes; issuance of bonds, etc., to fund purchase; conveyance to "related
public corporation." Each municipality in this state is hereby authorized (a) to acquire
any real property located within the corporate limits of any such municipality or within 25
miles thereof, and (b) to donate said real property so acquired or any real property heretofore
acquired by any such municipality to the United States of America for use by the said United
States for national defense and related purposes. Each such municipality is hereby authorized
to issue its bonds, warrants, or other securities for the purpose of providing funds to purchase
said real property for donation to the United States of America. Each such municipality is
hereby further authorized to convey any such real property to a "related public corporation"
pursuant to the provisions of Chapter 63 of Title 11 for the...
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41-10-54
for the regulation of its affairs and the conduct of its business; (3) To adopt and use an
official seal and alter the same at pleasure; (4) To maintain a principal office in Jefferson
County, Alabama, and suboffices at such places within the state as it may designate; (5) To
sue and be sued and to prosecute and defend civil actions in any court having jurisdiction
of the subject matter and of the parties; (6) To acquire by purchase, gift, condemnation or
any other lawful means any real, personal or mixed property necessary or convenient
in connection with the purpose for which the authority is formed and to hold title to such
property, together with all rights incidental to its estate in such property; (7) To establish
in Jefferson County, Alabama, a products market to be known as the Southern Products Mart
Authority and, in connection therewith, to acquire, erect, construct, insure, maintain, manage,
operate and lease all real and personal property, facilities, buildings,...
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26-1A-204
Section 26-1A-204 Real property. (a) Unless the power of attorney otherwise provides, language
in a power of attorney granting general authority with respect to real property authorizes
the agent to: (1) demand, buy, lease, receive, accept as a gift or as security for an extension
of credit, or otherwise acquire or reject an interest in real property or a right incident
to real property; (2) sell; exchange; convey with or without covenants, representations, or
warranties; quitclaim; release; surrender; retain title for security; encumber; partition;
consent to partitioning; subject to an easement or covenant; subdivide; apply for zoning or
other governmental permits; plat or consent to platting; develop; grant an option concerning;
lease; sublease; contribute to an entity in exchange for an interest in that entity; or otherwise
grant or dispose of an interest in real property or a right incident to real property; (3)
pledge or mortgage an interest in real property or right incident to...
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41-10-653
Section 41-10-653 Powers of the authority. The authority shall have, in addition to all powers
heretofore granted to the authority pursuant to Division 1, the following powers: (1) To sell
and issue the bonds authorized herein for the purposes specified herein. (2) To pledge the
pledged revenues as security for the payment of the bonds. (3) To acquire any real or personal
property and to convey the same to the company or to any local governmental entity with or
without consideration. (4) To lease any real or personal property to the company or
to any local governmental entity for use in any part of the project. (5) To mortgage any part
of the project as security for the bonds. (6) To make, enter into, and execute contracts,
agreements, or other instruments necessary to acquire or construct capital improvements to
any part of the project. (7) To incur ancillary costs, project costs and training costs and
to pay for the same out of proceeds of the bonds, subject to the provisions of...
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41-10-673
Section 41-10-673 Powers and duties of the authority. The authority shall have, in addition
to all powers heretofore granted to the authority pursuant to the enabling act, the following
powers: (1) To sell and issue the bonds authorized herein for the purposes specified herein.
(2) To pledge the pledged revenues as security for the payment of the bonds. (3) To acquire
any real or personal property and to convey the same to the companies or to any local
governmental entity with or without consideration. (4) To lease any real or personal
property to the companies or to any local governmental entity for use in any part of the projects.
(5) To mortgage any part of the projects as security for the bonds. (6) To make, enter into,
and execute contracts, agreements, or other instruments necessary to acquire or construct
capital improvements to any part of the projects. (7) To incur ancillary costs, projects costs,
and training costs and to pay for the same out of proceeds of the bonds, subject...
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41-10-176
the purposes of the authority, power to borrow money, issue revenue bonds, and pledge security.
(a) The authority is authorized to take possession under a lease or a deed or other instrument
granting use or easement property in Baldwin County, Alabama within the Blakeley national
register site which is now owned by the Historic Blakeley Foundation or others. The authority
is further authorized to lease, purchase, accept as a gift or loan or otherwise acquire any
other property, real or personal, including gifts or bequests of money or other things
of value to be used in fulfilling the purpose for which it is established or for any auxiliary
purpose incidental or appropriate thereto. (b) The authority is also authorized to borrow
money and issue revenue bonds in evidence thereof, but no such bonds shall be general obligations
of the State of Alabama or any agency or any political subdivision thereof nor shall such
authority pledge to the payment of any such loans the land. It may,...
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