45-46-90.06
Section 45-46-90.06 Powers of the authority. (a) The authority shall have the following
powers, together with all powers incidental thereto or necessary to the discharge thereof
in corporate form: (1) To have succession by its corporate name for the duration of time which
may be perpetuity, subject to Section 45-46-90.18, specified in its certificate of
incorporation. (2) To sue and be sued in its own name in civil suits and actions, excepting
actions in tort, and to defend suits against it. (3) To adopt and make use of a corporate
seal and to alter the same at pleasure. (4) To adopt and alter bylaws for the regulation and
conduct of its affairs and business. (5) To acquire, receive, and take, by purchase, gift,
lease, devise, or otherwise, and to hold property of every description, real, personal, or
mixed. (6) To make, enter into, and execute such contracts, agreements, leases, and other
instruments and to take such other actions as may be necessary or convenient to accomplish
any...
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11-47-210.1
Section 11-47-210.1 Legislative findings and declarations. The Legislature finds and
declares all of the following: (1) Through this article, the Legislature has (i) granted to
each municipality in the state, acting either individually or in cooperation with one or more
other municipalities, the power to acquire, operate, manage, and control parks, playgrounds,
and other recreational or athletic facilities and to authorize the organization of an authority,
as a public corporation, to act on behalf of the municipality or municipalities in providing
for the ownership and management of parks, playgrounds, and other recreational or athletic
facilities, (ii) provided for the organization of the authorities, and (iii) specified certain
powers to be enjoyed by such an authority. (2) In order to facilitate the accomplishment of
the legislative objectives reflected in this article and to provide for a greater degree of
mutual cooperation among separate political subdivisions, it is necessary,...
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11-49A-8
Section 11-49A-8 Powers of authority. The authority shall have the following powers,
together with all powers incidental thereto or necessary to the discharge thereof in corporate
form: (1) To have succession by its corporate name for the duration of time (which may be
perpetual, subject to the provisions of Section 11-49A-20) specified in its certificate
of incorporation; (2) To sue and be sued in its own name in civil suits and actions and to
defend suits against it; (3) To adopt and make use of a corporate seal and to alter the same
at pleasure; (4) To adopt and alter bylaws for the regulation and conduct of its affairs and
business; (5) To acquire, receive, and take, by purchase, gift, lease, devise, or otherwise,
and to 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 municipality;
(6) To make, enter into, and execute such contracts, agreements, leases, and...
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11-49B-7
Section 11-49B-7 Powers of authority. The authority shall exercise, subject to this
chapter, the following powers and duties necessary to the discharge of its powers and duties
in corporate form: (1) To have succession by its corporate name for the duration of time,
which may be perpetual, subject to the provisions of Section 11-49B-19 specified in
its certificate of incorporation. (2) To sue and be sued in its own name in civil suits and
actions and to defend suits against it. (3) To adopt and make use of a corporate seal and
to alter the seal at pleasure. (4) To adopt and alter bylaws for the regulation and conduct
of its affairs and business. (5) To acquire, receive, and take, by purchase, gift, lease,
devise, or otherwise, and to 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) To make, enter into, and execute contracts, agreements, leases,
and...
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16-16-7
Section 16-16-7 Powers generally. The authority shall have the following powers: (1)
To have succession by its corporate name until the principal of and interest on all bonds
issued by it shall have been fully paid; (2) To sue and be sued and to prosecute and defend
in any court having jurisdiction of the subject matter and of the parties thereto; (3) To
have and to use a corporate seal and to alter the seal at pleasure; (4) To establish a fiscal
year; (5) To provide for the construction, reconstruction, alteration and improvement of public
buildings and other facilities for public educational purposes in the state, including the
procurement of sites and equipment therefor; (6) To anticipate by the issuance of its bonds
the receipt of the revenues herein appropriated and pledged; (7) As security for the payment
of the principal of and interest on its bonds, to pledge the proceeds of the appropriations
and pledges herein provided for; and (8) To appoint and employ such attorneys and...
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16-16B-4
Section 16-16B-4 (Implementation Conditioned on Separate Legislative Enactment.) Execution
and other details of the bonds. The Bonds shall be signed by the president or vice-president
of the Authority, and the seal of the Authority affixed thereto (or a facsimile thereof imprinted
thereon) and attested by its secretary. All signatures of the president, vice-president, and
secretary may be facsimile signatures if the Authority, in its proceedings with respect to
issuance, provides for manual authentication (which may be in the form of a certificate as
to registration) of the Bonds by a trustee, registrar or paying agent or by named individuals
who are employees of the State and who are assigned to the Finance Department or State Treasurer's
Office of the State. All Bonds bearing signatures or facsimiles of the signatures of officers
of the Authority in office on the date of signing thereof shall be valid and binding notwithstanding
that before the delivery thereof and payment therefor,...
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23-1-175.1
Section 23-1-175.1 Infrastructure improvements. (a) In order to accomplish infrastructure
improvements contemplated for the benefit of the Alabama State Docks, the Alabama Highway
Finance Corporation shall have the following powers, in addition to all powers set forth in
this article. (1) To borrow money and issue its bonds in evidence thereof, in a principal
amount not to exceed one hundred fifty million dollars ($150,000,000), for the purpose of
financing the widening and deepening of the Mobile Ship Channel and improvements related thereto.
No bond issued by the corporation for this purpose shall have a specified maturity date later
than twenty years after its issuance date. (2) To issue from time to time one or more series
of refunding bonds for the purpose of refunding any bonds issued pursuant to subdivision (1)
or bonds previously issued to refund such bonds, in any case, however, having a final maturity
that is not later than the final maturity of the bonds being refunded. (3)...
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40-17-371
Section 40-17-371 Cost of collection; distribution of tax proceeds. (a) The Alabama
Department of Revenue shall retain one-quarter of one percent (0.25%) of the tax proceeds,
less any refunds, from this additional excise tax on gasoline and diesel fuel for its cost
of collection. The department may adopt rules and such forms as may be necessary for the administration
of the excise tax provided for in this article. (b) Each month, prior to the remaining payments
provided in this article, up to $750,000 of the tax proceeds from the additional excise tax
on gasoline and up to $230,000 of the tax proceeds from the additional excise tax on diesel
fuel shall be distributed first to the Alabama Highway Finance Corporation for the payment
of the principal of and interest on bonds to be issued by it to finance improvements to the
ship channel providing access to the facilities of the Alabama State Docks, to the extent
necessary for such purpose. The amount distributed pursuant to this section...
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41-10-316
Section 41-10-316 Disposition of proceeds of bonds. (a) All proceeds derived from the
sale of any bonds, except refunding bonds, sold by the authority, remaining after payment
of the expenses of issuance thereof, shall be held by the authority and used solely for the
purposes of: (1) Acquiring land for and constructing, reconstructing and equipping thereon
one or more facilities; (2) Paying all reasonable and necessary expenses incidental thereto,
including filing, recording, surveying, legal and engineering fees and expenses; (3) Paying
the interest which will accrue on the said bonds during the period required for the construction
and equipment of the said facilities and for a period not exceeding six months after the completion
thereof; and (4) Paying the principal of and interest on all then outstanding notes theretofore
issued by the authority pursuant to the provisions hereof. The balance of the said proceeds
thereafter remaining shall be set aside as additional security for the...
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41-10-399
Section 41-10-399 Confidentiality of data; inapplicability of public record laws; use
of data by authority; requirements for contractual agreements for supercomputer services.
(a) The privacy, security and confidentiality of data collected, stored, processed or disseminated
by the supercomputer system under the provisions of this article are the responsibility of
the person, organization or entity collecting, storing, processing or disseminating such data.
(b) Data collected, stored, processed or disseminated through utilization of the supercomputer
system under the provisions of this article are not subject to the requirements of the public
record laws of the State of Alabama, and are therefore not subject to public disclosure by
the authority. (c) The authority shall not access, use or disseminate any data collected,
stored, processed or disseminated by the supercomputer system under the provisions of this
article without the prior written approval of the owner of such data. For the...
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