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16-47-35
Section 16-47-35 Authority of trustees to dispose of property. The Board of Trustees of the
University of Alabama may sell, lease or otherwise dispose of, all or any part of such land
as has been or may be selected under and by virtue of an act of Congress entitled, "An
act to increase the endowment of the University of Alabama from the public school lands in
said state," approved April 23, 1884, and may sell lands or any interest therein or part
thereof for such prices and upon such terms as to it may seem proper. Such sales may be for
cash or for part cash, and the said Board of Trustees of the University of Alabama shall not
be limited by any statute heretofore enacted as to what part of the purchase price of such
lands which it has heretofore sold or may hereafter sell shall be in cash, but the percent
of the purchase price of such lands that may have been or shall be in cash shall be such as
said Board of Trustees of the University of Alabama may agree upon with the purchaser or...
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16-54-15
Section 16-54-15 Condemnation of lands or interests therein. Whenever the University of Montevallo
needs any land or interest therein near the university for its purposes, and the owner thereof
is a minor or an insane person, or refuses to sell the land to the state for the use of the
university, or will not agree with the board of trustees or the president on a price therefor,
the trustees shall have authority to institute in the probate court of Shelby County proceedings
in the name of the State of Alabama, to condemn such land, which proceedings shall be conducted
as nearly as may be possible in accordance with the provisions of Chapter 1 of Title 18. It
shall be the duty of the trustees to pay out of the funds of the university all costs of every
condemnation proceeding instituted by them under the power hereby conferred. (School Code
1927, §514; Code 1940, T. 52, §470; Acts 1979, No. 79-225, p. 342, §1.)...
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41-9-326
Section 41-9-326 Acquisition of property; borrowing of money and issuance of revenue bonds.
(a) The commission is authorized to take possession under a lease or a deed of the land and
other property in the County of Tuscaloosa, known as "old Tannehill Furnace," which
is now owned by the University of Alabama, and the Board of Trustees of the University of
Alabama is hereby authorized, in its discretion, to lease or to deed in fee simple such lands
and appurtenances thereto to the commission. Such board of trustees may also sell, give or
lend any other relics of old-style iron making or other items appropriate for display along
with or as a part of a display or exhibit of iron making. The commission is further authorized
to lease, 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...
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9-9-40
Section 9-9-40 Bonds - Remedies and proceedings upon default. (a) If any installment of principal
and interest evidenced by any bonds issued under the provisions of this article shall not
be paid at the time and in the manner when the same shall become due and payable, the same
shall bear interest at the rate of eight percent per annum until paid, and if such default
shall continue for a period of 60 days, the holder or holders of such bond or bonds upon which
default has been made may have a right of action against said water management district wherein
the court may issue a writ of mandamus against the officers of said district, including the
tax collector, directing the levying of a sufficient tax as provided in this article and the
collection of same in such sum as may be necessary to meet any unpaid installments of principal
and interest and costs of suit and such other remedies are hereby vested in the holder or
holders of such bond or bonds in default as may be authorized by...
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37-11A-1
Section 37-11A-1 Execution and text of compact. The Governor, on behalf of this state, shall
execute a compact, in substantially the following form, with the State of Mississippi, and
the Legislature approves and ratifies the compact in the form substantially as follows: Northeast
Mississippi - Northwest Alabama Railroad Authority Compact. The contracting states solemnly
agree: Article I. The purpose of this compact is to promote and develop trade, commerce, industry,
and employment opportunities for the public good and welfare in northeast Mississippi and
northwest Alabama through the establishment of a joint interstate authority to acquire certain
railroad properties and facilities which the operator thereof has notified the Interstate
Commerce Commission of an intention to abandon and which are located in any of Franklin, Marion,
or Winston Counties, Alabama or in Alcorn or Tishomingo Counties, Mississippi. Article II.
This compact shall become effective immediately as to the State...
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16-16A-7
Section 16-16A-7 Additional findings; bonds authorized; procedures. (a) The Legislature finds
that the number of students attending the several school systems located in those areas of
North Alabama that will be directly impacted by the 2005 BRAC and Subsequent BRAC Actions
will collectively increase by an estimated 9,000 students. As a result, there will be a need
for the construction of additional school facilities as well as the renovation of existing
school facilities. The Legislature also finds that the 2005 BRAC and Subsequent BRAC Actions
will have a positive impact on future receipts to the Education Trust Fund, as the significant
population growth in North Alabama will increase sales, income, and other tax collections.
Thus, it is an efficient use of state funds to allow such revenue growth to help pay for capital
improvement costs associated with BRAC-related school construction. (b) The Alabama Public
School and College Authority is hereby authorized to sell and issue its...
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25-4-10
Section 25-4-10 Employment. (a) Subject to other provisions of this chapter, "employment"
means: (1) Any service performed prior to January 1, 1978, which was employment as defined
in this section prior to such date and, subject to the other provisions of this section, services
performed for remuneration after December 31, 1977, including service in interstate commerce,
by: a. Any officer of a corporation; or b. Any individual who, under the usual common law
rules applicable in determining the employer-employee relationship, has the status of an employee;
or c. Any individual other than an individual who is an employee under paragraphs a. or b.
of this subdivision (1) who performs services for remuneration for any person: 1. As an agent-driver
or commission-driver engaged in distributing meat products, bakery products, beverages (other
than milk) or laundry or dry cleaning services for a principal; 2. As a traveling or city
salesman engaged upon a full-time basis in the solicitation on...
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16-47-37
Section 16-47-37 Executive committee of trustees. The Board of Trustees of the University of
Alabama may create an executive committee consisting of three or more of the trustees composing
the said board upon which committee it may confer full power and authority to lease, sell
and convey such lands or any part thereof, or any interest therein, as fully as said Board
of Trustees of the University of Alabama could itself do. (School Code 1927, §561; Code 1940,
T. 52, §502.)...
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16-16-10
Section 16-16-10 Disposition of proceeds of bonds. (a) The proceeds of all bonds, other than
refunding bonds, issued by the authority remaining after paying expenses of their issuance
shall be deposited in the State Treasury and shall be carried in the State Treasury in a special
or separate account. Said expenses shall be deducted from that portion of the said proceeds
allocated in subsection (o) of this section. Such remaining funds shall be subject to be drawn
upon by the authority with the approval of the secretary of the authority and the Governor,
but any funds so withdrawn shall be used solely for the purpose of financing the construction,
reconstruction, alteration, improvement and equipment of buildings and other facilities for
public educational purposes, including the cost of architectural services therefor and services
rendered by building inspectors for periodic and final inspections thereof, and for acquiring
sites therefor, in accordance with the provisions of this...
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16-53-2
Section 16-53-2 Corporate powers. Such corporation shall have all the rights, privileges, and
franchises necessary to the promotion of the ends of its creation, and shall be charged with
all corresponding duties, liabilities, and responsibilities. Such corporation may hold and
may lease, sell, or, in any other manner not inconsistent with the object or terms of the
grant or grants under which it holds, dispose of any property, real or personal, or any estate
or interest therein remaining, of any grant by any governmental unit or by any person, or
accruing to the corporation from any source, as it may deem best for the purposes of the university.
The president with the approval of the board shall be authorized to execute any lease, deed,
or other instrument of conveyance on behalf of the corporation, without additional approval.
The board of trustees shall have the exclusive authority over and jurisdiction of land, buildings,
and other capital improvements now existing on or hereinafter...
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