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11-94-10
Section 11-94-10 Bonds of authority - From what source payable; form; denominations;
terms; redemption; sale; subsequent issues; negotiability. (a) All bonds and securities issued
by an authority shall be payable solely out of the revenues derived by the authority from
the leasing, sale or operation of any or all of its projects as may be designated in the proceedings
of its board under which the same shall be authorized to be issued. None of the bonds, securities
or notes of an authority shall ever constitute an obligation or debt of the state, of any
authorizing subdivision, or of any county or municipality of the state or a charge against
the credit or taxing powers of any of them. (b) Bonds of any authority may be executed and
delivered by the authority at any time and from time to time, may be in such form and denominations
and of such tenor and maturities, may be in registered or bearer form, either as to principal
or interest or both, may be payable at such time or times not...
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23-2-142
Section 23-2-142 Definitions. As used in this article, the following words and terms
shall have the following meanings, respectively, unless the context clearly indicates otherwise:
(1) AUTHORITY. The Alabama Toll Road, Bridge, and Tunnel Authority created by this article,
or any board, body, or commission succeeding to the principal functions thereof or to which
the powers given by this article to the authority shall be given by law. (2) BONDS or TOLL
ROAD, BRIDGE, OR TUNNEL REVENUE BONDS. Bonds of the authority authorized under this article.
(3) CONCESSIONAIRE. A person, firm, corporation, partnership, limited liability company, or
other legal entity described in Section 23-2-144(a)(12) which has been awarded a contract
to construct or operate, or both, a toll road or bridge by the department or the authority.
(4) COST. As applied to a toll road, bridge, or tunnel project, the cost shall include, but
not be limited to, the following: a. The cost of construction, including bridges...
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33-2-8
Section 33-2-8 General provisions relative to inland waterways improvement bonds and
temporary loans. In order to provide funds for the purposes herein authorized, the Governor
is hereby empowered to execute, with the concurrence of the director of state docks, and to
sell the state's bonds in such amounts, not exceeding in the aggregate the sum of $3,000,000.00
as may be necessary for said purposes, all under and subject to the following provisions:
Said bonds shall be appropriately designated as inland waterways improvement bonds of the
state. The bonds may be issued from time to time in one or more series and the bonds of each
series shall be payable in substantially equal annual installments of principal and interest
at such times as may be designated by the State Docks Department with approval of the Governor;
provided, that the first installment of principal of the bonds of each series must mature
not later than 10 years from the date of such series and the last installment of...
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38-2-6
Section 38-2-6 Duties, powers, and responsibilities of state department. The aim of
the state department shall be the promotion of a unified development of welfare activities
and agencies of the state and of the local governments so that each agency and each governmental
institution shall function as an integral part of a general system. In order to carry out
effectively these aims, it shall be the duty and responsibility of the state department to:
(1) Administer or supervise all forms of public assistance including general home relief,
outdoor and indoor care for persons in need of assistance, also including those duties that
have to do primarily with the determination of need and authorization of relief. (2) Exercise
all the powers, duties, and responsibilities previously vested by law in the State Child Welfare
Department. (3) Provide services to county or municipal governments including the organization
and supervision of counties for the effective carrying out of welfare...
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40-2A-15
Section 40-2A-15 Alabama Local Tax Institute of Standards and Training - Creation; composition;
duties. (a) There is hereby created the Alabama Local Tax Institute of Standards and Training.
All costs of operating the institute shall be paid from public funds appropriated, contributions
received, or fees and license revenues collected for this purpose. (b) The institute shall
operate under the direction and supervision of a board of directors. The board shall organize,
administer, control, oversee, and advise the institute so that the institute may carry out
the purposes of this section. The board shall promulgate reasonable rules and regulations
to effectuate this intent. (c) The board shall consist of six members as follows: (1) Three
representatives appointed by the Alabama League of Municipalities, who shall either be municipal
officers, employees, or attorneys, at least one of whom shall be a municipal revenue officer
or finance officer. (2) Three representatives appointed by the...
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41-29-501
Section 41-29-501 Definitions. (a) For the purposes of this article, the following words
and phrases shall have the following meanings: (1) AUTHORITY. The public corporation organized
pursuant to the provisions of Sections 41-10-20 through 41-10-32. (2) AUTHORIZED PURPOSE.
Any one or more of the purposes for which grants are herein authorized to be made as specified
in Section 41-29-503(a). (3) BOARD OF DIRECTORS. The board of directors of the authority.
(4) BOND. The bonds issued under the provisions of this article. (5) CAPITAL COSTS. All costs
and expenses incurred by one or more investing companies in connection with the acquisition,
construction, installation, and equipping of a qualifying project during the period commencing
with the date on which such acquisition, construction, installation, and equipping commences
and ending on the date on which the qualifying project is placed in service, including, without
limitation of all of the following: a. The costs of acquiring,...
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45-25-250.04
Section 45-25-250.04 Powers of 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 specified
in its certificate of incorporation. (2) To sue and be sued in its own name in civil actions,
except as otherwise provided in this article, and to defend civil actions 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 and whether
located within or outside the service area. (6) To make, enter into, and execute such contracts,
agreements, leases, and other instruments and to take such other actions...
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45-30-250.05
Section 45-30-250.05 Powers of authority. (a) The authority shall have the following
corporate powers, and all incidental or necessary powers thereto, either separately or in
combination with any other system, service, or facility referred to in this section:
(1) To have succession by its corporate name for the duration of time specified in its certificate
of incorporation. (2) To sue and be sued in its own name in civil actions, except as otherwise
provided in this act, and to defend civil actions 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, or 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 and whether located within or outside the
service area. (6) To make, enter into, and execute contracts, agreements,...
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9-10-5
Section 9-10-5 Powers and duties generally. The corporation organized and established
under this article shall have the following powers, subject only to the limitations described
hereinafter: (1) To adopt bylaws for the regulation of its affairs and the conduct of its
business; (2) To adopt, use and alter a corporate seal which shall be judicially noticed;
(3) To maintain a principal office at a place named in its papers of incorporation and a suboffice
or suboffices at such places as it may deem necessary; (4) To enter into such contracts and
cooperative agreements with federal, state and local governments, with agencies of such governments,
with private individuals, corporations and associations and other organizations to do any
act necessary or incidental to the performance of its duties and execution of its powers under
this article; (5) To sue and be sued in its own name; (6) To enter into agreements with the
United States government or its agencies or political subdivisions...
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11-50-237
Section 11-50-237 Execution, sale, etc., of bonds and refunding bonds of corporation
generally; terms, denominations, etc., thereof; charge, application, etc., of revenues from
systems to payment of bonds, etc., generally; vesting of title to systems in municipality
and dissolution of corporation upon payment of bonds in full. (a) All bonds issued by any
corporation organized under this division shall be signed by the chairman of its board of
directors or other chief executive officer and attested by its secretary, and the seal of
such corporation shall be affixed thereto. Any interest coupons applicable to the bonds of
such corporation shall be signed by the chairman of the board of directors or other chief
executive officer, but a facsimile of such signature may be impressed on any such interest
coupon in lieu of his manually signing the same. Any such bonds may be executed and delivered
by such corporation at any time and from time to time, shall be in such form and denominations...
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