45-37-90.04
Section 45-37-90.04 Civic Center Authority - Powers; officers; contracts; conflicts of interest. (a) The power of the authority shall be vested in and exercised by a majority of the members of the board of directors. The board may delegate to one or more of its members or its officers, agents, and employees such duties as it may deem proper. The board of directors shall elect a vice chair of the board, who shall serve as chair in the event of the chair's absence. The board of directors shall also elect a treasurer and a secretary. The same person may serve as secretary and treasurer. The secretary and treasurer may or may not be a member of the board. The treasurer shall act as custodian of all the funds, from whatever sources derived, received by the authority. The treasurer shall deposit the monies in a separate account or accounts in one or more bank or banks or trust companies which are duly qualified and doing business in the State of Alabama. The authority may by resolution or by...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-37-90.04.htm - 3K - Match Info - Similar pages
11-54A-2
Section 11-54A-2 Definitions. The following words and phrases used in this chapter, and others evidently intended as the equivalent thereof, in the absence of clear implication herein otherwise, shall be given the following respective interpretations herein: (1) APPLICANT. A natural person who files a written application with the governing body of any city in accordance with Section 11-54A-4. (2) AUTHORITY. Any redevelopment authority organized pursuant to this chapter. (3) AUTHORIZING RESOLUTION. A resolution adopted by the governing body of any city in accordance with Section 11-54A-4, that authorizes the corporation of the authority. (4) BOARD. The board of directors of the authority. (5) BONDS. Shall include bonds, notes, and certificates representing an obligation to pay money. (6) CITY. Any incorporated city or town in the State of Alabama with respect to which a redevelopment authority may be organized. (7) DIRECTOR. A member of the board of the authority. (8) DEVELOPMENT AREA....
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-54A-2.htm - 3K - Match Info - Similar pages
11-85-107
Section 11-85-107 Bonds - Authentication; redemption; sale; refunding; use of proceeds; security; investment of funds. The bonds of the authority shall be signed by its president and attested by its secretary and the seal of the authority shall be affixed thereto or a facsimile of such seal shall be printed or otherwise reproduced thereon; provided, that a facsimile of the signature of one, but not both, of said officers may be printed or otherwise reproduced on any such bonds in lieu of being manually subscribed thereon and a facsimile of the signatures of both of the officers may be printed or otherwise reproduced on such bonds in lieu of being manually affixed thereof if the authority, in its proceedings with respect to issuance of the bonds, provides for manual authentication of such bonds. The State Treasurer shall be registrar, transfer agent, and paying agent for the bonds. The State Treasurer may designate named individuals who are employees of the state and who are assigned to...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-85-107.htm - 7K - Match Info - Similar pages
34-9-41
Section 34-9-41 Officers of board; seal; meetings; compensation; disposition of funds. The board shall annually elect from its membership a president, vice-president, and secretary-treasurer and may employ staff members who are not members of the board. The board shall have a common seal. The board shall hold an annual meeting for the purpose of transacting its business and examinations, and additional meetings at such times and places as the board may designate. A majority of the board shall constitute a quorum for the transaction of business at any meeting except that in conducting hearings involving any of the penalties outlined in Section 34-9-18, no less than five members of the board shall be present. In conducting hearings involving any of the penalties outlined in Section 34-9-18, a majority of the board may appoint any former member of the board who for such purposes shall have all the powers and privileges of such office as a regular board member possesses. In conducting or...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/34-9-41.htm - 3K - Match Info - Similar pages
41-10-136
Section 41-10-136 Definitions. The following words and phrases used in this article and others evidently intended as the equivalent thereof shall, in the absence of clear implication in this article otherwise, be given the following respective interpretations: (1) APPLICANT. A natural person who files a written application with the Governor in accordance with the provisions of Section 41-10-138. (2) AREA OF OPERATION. The area specified in the certificate of incorporation of an authority, within which the authority is empowered to carry on its business and activities under this article. (3) AUTHORITY. A public corporation organized pursuant to the provisions of this article. (4) BOARD. The board of directors of an authority. (5) BONDS. Includes bonds, notes, debentures and certificates representing an obligation to pay money. (6) COMMISSION. The Alabama Historical Commission, an agency of the state established under Section 41-9-240. (7) COUNTY. Any county in this state. (8) DIRECTOR....
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-136.htm - 3K - Match Info - Similar pages
45-39A-11.03
Section 45-39A-11.03 Civic Center Authority - Powers; officers, contracts. (a) The power of the authority shall be vested in and exercised by a majority of the members of the board of directors; however, the board may delegate to one or more of its members or its officers, agents, and employees such duties as it may deem proper. The board of directors shall elect a vice chair of the board, who shall serve as chair in the event of the chair's absence. The board of directors shall also elect a treasurer and a secretary. The same person may serve as secretary and treasurer. The secretary and treasurer may or may not be a member of the board. The treasurer shall act as custodian of all the funds, from whatever sources derived, received by the authority. The treasurer shall deposit the monies in a separate account or accounts in one or more bank or banks or trust companies which are duly qualified and doing business in the State of Alabama; provided, however, that the authority may by...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-39A-11.03.htm - 3K - Match Info - Similar pages
9-10A-12
Section 9-10A-12 Officers of board; treasurer to execute bond; quorum; notice of meetings; position vacated due to absences; records. (a) The board of directors of the watershed management authority shall annually elect from its membership a chairman, secretary and treasurer. The treasurer shall execute an official bond for the faithful performance of the duties of his office to be approved by the board of directors, except that no bond shall be required until such time as the authority possesses funds. Such bond shall be executed with at least three solvent personal sureties whose solvency must exceed the amount of the bond or by a surety company authorized to do business in this state and shall be in an amount determined by the board of directors. If the treasurer is required to execute a surety company bond, the premium on the bond shall be paid by the watershed management authority. (b) A majority of the board of directors shall constitute a quorum, and the concurrence of a...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/9-10A-12.htm - 2K - Match Info - Similar pages
11-101A-2
Section 11-101A-2 Definitions. As used in this chapter, the following terms shall have the following meanings, respectively, unless the context clearly indicates otherwise: (1) APPLICANT. A natural person who files a written application with the governing body of a county or municipality, or two or more thereof, in accordance with Section 11-101A-3. (2) AUTHORITY. A public corporation organized pursuant to this chapter. (3) AUTHORIZING RESOLUTION. A resolution adopted by the governing body of an authorizing subdivision in accordance with Section 11-101A-3, that authorizes the incorporation of an authority under this chapter. (4) AUTHORIZING SUBDIVISION. Each county and municipality with the governing body of which an application for the incorporation of an authority under this chapter is filed. (5) BOARD. The board of directors of an authority. (6) BONDS. Any bonds authorized to be issued by an authority hereunder, including refunding bonds. (7) CODE. The Code of Alabama 1975. (8)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-101A-2.htm - 3K - Match Info - Similar pages
36-27-23
Section 36-27-23 Board of Control; medical board, actuary. (a) The general administration and responsibility for the proper operation of the retirement system and for making effective the provisions of this article are hereby vested in a board of trustees which shall be known as the Board of Control. (b) The board shall consist of 13 trustees as follows: (1) The Governor, ex officio, who shall be chairman. (2) The State Treasurer, ex officio. (3) The State Personnel Director, ex officio. (4) The Director of Finance, ex officio. (5) Three members of the retirement system, to be appointed by the Governor, no two of whom shall be from the same department of the state government nor from any department of which an ex officio trustee is the head. The state employees appointed pursuant to this section shall be Merit System employees with at least ten years of creditable state service and shall not be a department head or an assistant department head. The terms of office of the three members...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-23.htm - 9K - Match Info - Similar pages
41-10-495
Section 41-10-495 Members; directors; quorum; vacancies; salaries; officers. The applicants named in the application and their respective successors in office shall constitute the members of the authority. The members shall be eligible to succeed themselves. The members of the authority shall constitute all the members of the board of directors of the authority, which shall be the governing body of the authority. A majority of the members of the said board of directors shall constitute a quorum for the transaction of business. No member, officer or director of the authority shall draw any salary for any service he may render or for any duty he may perform in connection with the authority, but may be reimbursed by the authority for reasonable expenses incurred in carrying out the business of the authority. No member, officer, director or employee of the authority shall be personally liable for any debt, obligation or liability of the authority. The Finance Director shall serve as...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-495.htm - 1K - Match Info - Similar pages
|