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11-97-10
such corporation; provided, that any corporation may enter into contracts with the holders
of any of its bonds preventing such corporation from thereafter issuing general obligation
bonds or limiting the amount of such bonds that may thereafter be issued. To the extent permitted
by any contracts with the holders of outstanding bonds and any other contractual obligations
or requirements, any corporation may pledge any of its revenues or mortgage or assign any
of its assets, whether real or personal and whether tangible or intangible, to secure
the payment of any of its bonds. (b) As security for payment of the principal of and the interest
and premium, if any, on any bonds issued or assumed by it, any corporation may enter into
a contract or contracts, and adopt resolutions or other proceedings containing provisions
constituting a part of the contract or contracts with the holders of such bonds, pertaining
to, among other things, the following matters: (1) Pledging all or any part of...
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11-65-5
Section 11-65-5 Composition of commission; terms; qualifications; removal from office. (a)
Every commission shall have five members, which shall constitute its governing body. All powers
of a commission shall be exercised by its members or pursuant to their authorization. The
mayor or other chief executive officer of the sponsoring municipality and the president or
other designated presiding officer of the county commission of the host county shall each
serve as a member ex officio, unless such official exercises his or her right, as provided
in subsection (b), to appoint a fixed-term member to serve in lieu of such official. The service
of each such official as a member shall begin with the beginning of his or her tenure in such
office and shall end with the ending of such tenure or the appointment by such official of
a fixed-term member to serve in lieu of his or her ex officio service. The other three members
shall be appointed in the manner hereinafter prescribed as soon as may be...
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10A-1-1.03
limited liability company or association, a member; and (D) with respect to another foreign
or domestic entity, an owner of an equity interest in that entity. (69) OWNERSHIP INTEREST.
An owner's interest in an entity. The term includes the owner's share of profits and losses
or similar items and the right to receive distributions. The term does not include an owner's
right to participate in management or participate in the direction or oversight of the entity.
An ownership interest is personal property. (70) PARENT or PARENT ENTITY. An entity
that: (A) owns at least 50 percent of the ownership or membership interest of a subsidiary;
or (B) possesses at least 50 percent of the voting power of the owners or members of a subsidiary.
(71) PARTNER. A limited partner or general partner. (72) PARTNERSHIP. Includes a general partnership,
a limited liability partnership, a foreign limited liability partnership, a limited partnership,
a foreign limited partnership, a limited liability...
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11-89A-10
as against all persons having claims of any kind in tort, contract or otherwise against such
authority, irrespective of whether such persons have actual notice thereof, from the time
notice of such mortgage, security interest, assignment or pledge is filed for record (1) in
the office of the judge of probate in which the certificate of incorporation of such authority
was filed for record and (2) in the case of any mortgage or security interest covering any
tangible property, whether real, personal or mixed, in the office of the judge of probate
of the county in which such property is or is to be located pursuant to any agreement made
by such authority with any person respecting the location and use of such property. Such notice
shall contain a statement of the existence of any such mortgage, security interest, assignment
or pledge, as the case may be, a description of the property, revenues or contract rights
subject thereto and a description of the bonds secured thereby, all in...
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33-12-5
grants or other assistance from federal, state and local governments or from agencies of such
governments and by issuing in its own name revenue bonds pledging a portion of the revenues
from such facilities. f. Arrange with any city, county, municipality or supplier of utilities
for the abandonment, relocation or other adjustment of roads, highways, bridges and utility
lines. (3) LAND ACQUISITION. The agency may acquire by purchase, lease, gift or condemnation
property of any kind, real, personal or mixed, or any interest therein, that the board
deems necessary or convenient to the exercise of its powers or functions; provided, that acquisition
by condemnation shall be limited to land, rights in land, including leaseholds and easements,
and water rights in the Alabama portion of the Elk River Watershed that the board determines
to be necessary to the control and optimum development of the Elk River. The amount and character
of the interests in land, rights in land and water rights...
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4-3-45
Section 4-3-45 Board of directors of authority. Each authority shall be governed by a board
of directors of either three, five, or seven members as provided in the certificate of incorporation
or the bylaws. If the sole authorizing subdivision is a county, the county commission of the
county shall elect all directors. If the sole authorizing subdivision is a municipality, the
governing body of such municipality shall elect all directors. The directors initially elected
shall be elected for terms of office of two, four, and six years, respectively, and their
successors shall be elected for terms of six years. If a county and a municipality are both
authorizing subdivisions, the governing body of the municipality shall elect one director
for an initial term of two years if three directors are to be elected, and one director for
an initial term of two years and one director for an initial term of four years if five directors
are to be elected, and one for an initial term of two years and...
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41-10-139
Section 41-10-139 Filing certificate of incorporation with Secretary of State; contents, execution,
recordation, etc. (a) After the date of issuance by the Governor of his executive order authorizing
the applicants to proceed to form a public corporation, as provided in Section 41-10-138,
the applicants or not less than three of the applicants shall proceed to incorporate a public
corporation by filing of record in the office of the Secretary of State a certificate of incorporation
which shall comply in form and substance with the requirements of this section and be executed
in the manner provided in this section. (b) The certificate of incorporation of the authority
shall state: (1) The names of the persons incorporating the authority, together with their
post office addresses and a statement that each of them is a qualified elector of the state;
(2) The name of the authority (which shall include the words "historical preservation
authority"); (3) The location of the principal office...
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11-15-4
Section 11-15-4 Certificate of incorporation - Contents; approval. The certificate of incorporation
of the corporation shall state: (1) The names of the persons forming the corporation together
with the residence of each thereof and a statement that each of them is a duly qualified elector
of and property owner in the county; (2) The name of the corporation; (3) The location of
its principal office, which shall be in the county seat of the county; (4) The number of directors
(which shall be three or a multiple of three); and (5) Any other matters relating to the corporation
which the incorporators may choose to insert and which shall not be inconsistent with this
chapter or with the laws of the state. The name designated for the corporation in the certificate
of incorporation shall be one indicating the purpose thereof, such as "___ County Public
Building Authority" (the name of the county to be filled in the blank space) or some
other name of similar import. The form and contents...
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45-49A-10.01
Section 45-49A-10.01 Certificate of incorporation. The certificate of incorporation of the
corporation shall state: The names of the persons forming the corporation, together with the
residence of each thereof and a statement that each of them is a duly qualified elector of
and property owner in the City of Bayou La Batre; the name of the corporation; the location
of its principal office which shall be in the City of Bayou La Batre; and any other matters
relating to the corporation which the incorporators may choose to insert and which shall not
be inconsistent with this article or with the laws of the state. The name designated for the
corporation and the certificate of incorporation shall be one indicating the purpose thereof,
such as the City of Bayou La Batre Port Authority or some other name of similar import. The
certificate of incorporation shall be signed and acknowledged by the incorporators before
an officer authorized by the laws of the state to take acknowledgements of...
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9-10-31
Section 9-10-31 Certificate of incorporation - Contents; execution. (a) The certificate of
incorporation of the corporation shall state: (1) The names of the persons forming the corporation
together with the residence of each thereof and a statement that each of them is a duly qualified
elector of and property owner in the county; (2) The name of the corporation; (3) The location
of its principal office, which shall be in the county seat of the county; and (4) Any other
matters relating to the corporation which the incorporators may choose to insert and which
shall not be inconsistent with this article or with the laws of the state. The name designated
for the corporation in the certificate of incorporation shall be one indicating the purpose
thereof, such as "_____ County Water Conservation and Irrigation Corporation" or
some other name of similar import. (b) The certificate of incorporation shall be signed and
acknowledged by the incorporators before an officer authorized by the laws...
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