16-48-10
Section 16-48-10 Gifts preserved. No grant or gift, by will or otherwise, shall fail on account
of any misnomer or informality when the intent of the grantor or donor can be arrived at;
nor shall any default, malfeasance, misfeasance or nonuser, on the part of the trustees or
other officers or agents of such corporation, work a forfeiture of any of its rights, privileges,
powers or franchises. (School Code 1927, §530; Code 1940, T. 52, §483.)...
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16-47-5
Section 16-47-5 Grants and gifts preserved. No grant or gift, by will or otherwise, shall fail
on account of any misnomer or informality, when the intention of the grantor or donor can
be ascertained; nor shall any default or malfeasance on the part of the trustees or other
officers or agents of such corporation work a forfeiture of any of its rights, powers, privileges
or franchises. (School Code 1927, §547; Code 1940, T. 52, §490.)...
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16-52-11
Section 16-52-11 Grant or gift not to fail for informality; default, etc., of trustees, officers
or agents not to work forfeiture. No grant or gift, by will or otherwise, shall fail on account
of any misnomer or informality when the intent of the grantor or donor can be arrived at,
nor shall any default, malfeasance, misfeasance or nonuser, on the part of the trustees or
other officers or agents of such corporation, work a forfeiture of any of its rights, privileges,
powers or franchises. (Acts 1967, No. 239, p. 615, §9.)...
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16-51-11
Section 16-51-11 Grant or gift not to fail for informality; default, etc., of trustees not
to work forfeiture. No grant or gift, by will or otherwise, shall fail on account of any misnomer
or informality when the intent of the grantor or donor can be arrived at; nor shall any default,
malfeasance or misfeasance or nonuser on the part of the trustees, or other officers or agents
of such corporation, work a forfeiture of any of its rights, privileges, powers or franchises.
(Acts 1967, No. 773, p. 1631, §9.)...
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16-47A-10
Section 16-47A-10 Validity of grants or gifts; forfeiture of rights, privileges, etc. No grant
or gift, by will or otherwise, shall fail on account of any misnomer or informality when the
intent of the grantor or donor can be determined; nor shall any default, malfeasance, or nonuser
on the part of the trustees or other officers or agents of such corporation work a forfeiture
of any of its rights, privileges, powers, or franchises. (Act 2012-497, p. 1460, §11.)...

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16-53-11
Section 16-53-11 Grant or gift not to fail for informality; default, etc., of trustees not
to work forfeiture. No grant or gift, by will or otherwise, shall fail on account of any misnomer
or informality when the intent of the grantor or donor can be arrived at; nor shall any default,
malfeasance or nonuser on the part of the trustees or other officers or agents of such corporation
work a forfeiture of any of its rights, privileges, powers or franchises. (Acts 1967, No.
424, p. 1092, §9.)...
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16-49-3
Section 16-49-3 Grants or gifts not to fail because of misnomer, etc.; default of agents, trustees,
etc. No grant or gift, by will or otherwise, shall fail on account of any misnomer or informality,
when the intent of the grantor or donor can be arrived at, nor shall any default, malfeasance
or nonuser on the part of the trustees or other officers or agents of such corporation work
a forfeiture of any of its rights, privileges, powers or franchises. (Acts 1975, No. 198,
p. 467, §12.)...
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16-50-3
Section 16-50-3 Grants or gifts not to fail because of misnomer, etc.; default of agents, trustees,
etc. No grant or gift, by will or otherwise, shall fail on account of any misnomer or informality,
when the intent of the grantor or donor can be arrived at, nor shall any default, malfeasance
or nonuser on the part of the trustees or other officers or agents of such corporation work
a forfeiture of any of its rights, privileges, powers or franchises. (Acts 1975, No. 790,
p. 1581, §12.)...
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16-56-11
Section 16-56-11 Grant or gift not to fail for informality; default, etc., of trustees not
to work forfeiture. No grant or gift of any property, real or personal, by will or otherwise,
shall fail by reason of any misnomer or informality, when the intent of the grantor or donor
can be determined; nor shall any default, malfeasance, or non-use on the part of the trustees
or other officers or agents of the corporation work a forfeiture of any of its rights, privileges,
powers, or franchises. (Acts 1967, No. 420, p. 1084, §9; Acts 1997, No. 97-586, p. 1035,
§11.)...
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11-32-7
Section 11-32-7 Powers of authority. (a) The authority shall exercise powers and duties necessary
to the discharge of its powers and duties in corporate form as follows: (1) Have succession
by its corporate name in perpetuity subject to Section 11-32-20. (2) Sue and be sued in its
own name in civil suits and actions and defend suits against it. (3) Adopt and make use of
a corporate seal and alter the same at its pleasure. (4) Adopt and alter bylaws for the regulation
and conduct of its affairs and business. (5) Acquire, receive, take, by purchase, gift, lease,
devise, or otherwise, and hold property of every description, real, personal, or mixed, whether
located in one or more counties or municipalities and whether located within or outside the
authorizing county. (6) Make, enter into, and execute contracts, agreements, leases, and other
instruments and take other actions as may be necessary or convenient to accomplish any purpose
for which the authority was organized, or exercise any...
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