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22-21-337
Section 22-21-337 Disposition of earnings of authority. An authority shall be a public corporation
or authority and no part of its net earnings remaining after payment of its expenses shall
inure to the benefit of any individual, firm or corporation, except that in the event the
board shall determine that sufficient provision has been made for the full payment of the
expenses, securities and other obligations of the authority, then any portion, as determined
by the board, of the net earnings of the authority thereafter accruing may, in the discretion
of the board, be paid to one or more of its authorizing subdivisions. (Acts 1982, No. 82-418,
p. 629, ยง28.)...
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37-13-1
Section 37-13-1 Definitions. When used in this chapter, unless the context plainly indicates
otherwise, the present tense shall include the future tense, the singular shall include the
plural, the plural shall include the singular and the following words and phrases shall have
the meanings respectively ascribed to them by this section. (1) ADDITIONAL RAIL SERVICE AREA.
Any territory that is outside the boundaries or corporate limits, as the case may be, of any
of its authorizing subdivisions and that the governing body of the county, and of any city
or town, in which such territory is located has by resolution designated as an area in which
the authority may render rail transportation service. (2) AUTHORITY. Any public corporation
organized pursuant to this chapter or any law amendatory thereof or supplemental thereto.
(3) AUTHORIZING SUBDIVISION. Any county, city, or town in this state in which there are located
railroad properties and facilities and whose governing body receives an...
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11-47-210
Section 11-47-210 Definitions. When used in this article, unless the context plainly indicates
otherwise, the following words and phrases shall have the meanings respectively ascribed to
them by this section: (1) APPLICANT. An individual who files a written application with the
governing body of any county or municipality in accordance with Section 11-47-214. (2) AUTHORITY.
A public corporation organized under this article for the purposes, with the powers, and subject
to the restrictions set forth in this article. (3) AUTHORIZING COUNTY. With respect to an
authority, any county which has a governing body that has made findings and determinations
of facts pertaining to the organization of the authority in accordance with Section 11-47-214.
(4) AUTHORIZING MUNICIPALITY. With respect to an authority, any municipality which has a governing
body that has made findings and determinations of facts pertaining to the organization of
the authority in accordance with Section 11-47-214. (5)...
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22-21-315
Section 22-21-315 Certificate of incorporation - Amendment; application; approving resolution;
filing and recordation of certificate. (a) The certificate of incorporation of any authority
incorporated under the provisions of this article, as well as that of any public hospital
corporation reincorporated hereunder, may at any time and from time to time be amended, but
only in the manner provided in this section. The board shall first adopt a resolution proposing
an amendment to the certificate of incorporation of the authority, which amendment shall be
set forth in full in the said resolution and which may include any matters that might have
been included in an original certificate of incorporation hereunder. (b) After the adoption
by the board of a resolution proposing an amendment to the certificate of incorporation, the
chairman and the secretary of the authority shall sign and file, with the governing body of
each authorizing subdivision, a written application in the name and on...
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11-32-2
Section 11-32-2 Definitions. As used in this chapter, the following words and phrases shall
mean the following unless the context clearly indicates otherwise: (1) AD VALOREM TAX. Those
real and personal property ad valorem taxes collected by the county tax collector, the director
of revenue of the county, or revenue commissioner, if any, for the county, but shall exclude
all ad valorem taxes collected for the State of Alabama and all boards of education, municipalities,
fire districts, or other entities located in the county. (2) APPLICANT. A natural person who
files a written application with the governing body of any county to which this chapter applies
and with a municipality in the county, all in accordance with Section 11-32-3. (3) AUTHORITY.
The public corporation organized pursuant to this chapter, which shall be an agency of the
state but shall not be a political subdivision of the state. (4) AUTHORIZING COUNTY. Any county
the governing body of which shall have adopted an...
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11-89C-4
Section 11-89C-4 Powers of public corporation; requirements for development or adoption of
rules, procedures, ordinances, etc. (a) When expressly required to comply with storm water
laws, any public corporation created pursuant to this chapter shall have the following powers:
(1) To establish, maintain, and operate an organizational structure pursuant to this chapter,
its original or amended certification, and its bylaws or other rules of procedure, that will
enable it to implement the storm water laws for and on behalf of any governing body that exercises
the option to participate in or with a public corporation, provided that no new or greater
authorities or powers other than those specifically granted to the governing bodies are conferred
upon any public corporation formed pursuant to this chapter. Except for the authority provided
in subdivision (20), authority to enforce the storm water laws is retained wholly and exclusively
to the governing bodies and may not be further...
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16-17-18
Section 16-17-18 Notice of bond resolution. Upon the adoption by the board of any resolution
providing for the issuance of bonds, the authority may, in its discretion, cause to be published
once a week for two consecutive weeks, in a newspaper published in the determining municipality,
or if there is no newspaper published in the determining municipality, then in a newspaper
published in the county in which the determining municipality or any part thereof is located,
a notice in substantially the following form (the blanks being properly filled in) at the
end of which shall be printed the name and title of either the chairman or secretary of the
authority: "____, a public corporation and a political subdivision of the State of Alabama,
on the ____ day of ____, authorized the issuance of $____ principal amount of revenue bonds
of the said public corporation for purposes authorized in the act of the Legislature of Alabama
under which the said public corporation was organized. Any action...
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16-18-20
Section 16-18-20 Notice of bond resolution. Upon the adoption by the board of any resolution
providing for the issuance of bonds, the authority may, in its discretion, cause to be published
once a week for two consecutive weeks, in a newspaper published in the determining municipality,
or if there is no newspaper published in the determining municipality then in a newspaper
published in the county in which the determining municipality or any part thereof is located,
a notice in substantially the following form (the blanks being properly filled in) at the
end of which shall be printed the name and title of either the chairman or secretary of the
authority: "____, a public corporation and a political subdivision of the State of Alabama,
on the ____ day of ____, authorized the issuance of $____ principal amount of revenue bonds
of the said public corporation for purposes authorized in the act of the Legislature of Alabama
under which the said public corporation was organized. Any action...
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22-21-182
Section 22-21-182 Borrowing by corporation generally; debts not obligations of state, counties
or municipalities; tax exemptions. (a) All securities of the corporation shall be signed in
the name and behalf of the corporation by its chairman and attested by its secretary, but
a facsimile of the signature of one, but not both, of such officers may be printed thereon
in lieu of the manual signature of such officer, and the seal of the corporation shall be
affixed thereto or a facsimile thereof printed thereon. Any interest coupons applicable to
any securities of the corporation shall be signed by its chairman, but a facsimile of such
chairman's signature may be printed on any such interest coupons in lieu of his manually signing
the same. Any securities of the corporation may be executed and delivered by it at any time
and from time to time, shall be in such form and denomination and of such tenor and maturity
or maturities not exceeding 40 years from their date, shall contain such...
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22-21-357
Section 22-21-357 Definitions. As used in this division, the following terms shall have the
following respective meanings unless the context clearly indicates otherwise: (1) AUTHORITY.
Any public corporation now or hereafter organized or reincorporated, as the case may be, pursuant
to the provisions of the Health Care Authorities Act. (2) AUTHORIZING SUBDIVISION. Each county,
municipality, and educational institution with the governing body of which the application
for the incorporation of any authority under the Health Care Authorities Act or the reincorporation
of a public corporation under the Health Care Authorities Act was filed. (3) COUNTY. Any county
in the State of Alabama. (4) GOVERNING BODY. With respect to a county, its county commission
or other like governing body, and, with respect to a municipality, its city or town council,
board of commissioners or other like governing body, and, with respect to an educational institution,
its board of trustees, or other like governing...
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