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4-3-11
may be in perpetuity) 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 against the authority;
(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, take and hold, whether by purchase, gift, lease, devise or otherwise, property of
every description, whether real, personal or mixed, whether in one or more counties
and whether within or without the corporate limits of any authorizing subdivision, and to
manage said property, and to develop any undeveloped property owned, leased or controlled
by it; (6) To execute such contracts and other instruments and to take such other action as
may be necessary or convenient to carry out the purposes of this chapter or the exercise of
any power granted hereunder; (7) To plan, establish, develop, acquire, construct,...
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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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45-11-140
Section 45-11-140 Forest fire protection. (a) The County Commission of Chilton County is authorized,
when the need exists, to provide protection against forest fires in Chilton County by participating
in the Alabama Forestry Commission's fire protection program in the manner hereinafter specified.
(b)(1) After the Chilton County Commission has determined that such a need does exist in Chilton
County, the county commission may, in the manner hereinafter specified, provide for a financial
charge or tax to be paid by the owners of forest lands located in Chilton County for the use
of the land for timber growing purposes amounting to the whole or any part of the cost of
such fire protection program, but not in excess of ten cents ($.10) per acre, provided such
financial charge or tax is not greater than the benefit accruing to such forest lands due
to the availability of such fire protection. (2) "Forest lands" as used in this
section, shall mean any land which supports a forest growth, or...
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16-13-120
Section 16-13-120 Authority to issue; interest rate; terms, use of proceeds, etc. In any county
in which a special license or privilege tax or excise tax may now or hereafter be levied,
or the proceeds of any ad valorem tax equivalent shall be apportioned, by local act of the
Legislature of Alabama, the county board of education of the county or the city board of education
of any city in the county, as the case may be, may sell and issue interest-bearing warrants,
the principal of and the interest on which shall be payable solely from that portion of the
proceeds from such tax or tax equivalent which may be apportioned and paid to such board of
education. Any such warrants may bear such rate or rates of interest not exceeding 12 percent
per annum, payable semiannually, may be in such denomination or denominations, may mature
over such period of time not exceeding 30 years after their date, may be sold at public or
private sale at such price or prices, may be made redeemable prior to...
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16-17-10
Section 16-17-10 Bonds of authority. (a) All bonds issued by the authority shall be signed
by its chairman and attested by its secretary, and the seal of the authority shall be affixed
thereto, and any interest coupons applicable to the bonds of the authority shall be signed
by the said chairman; 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 his manually
signing the same, a facsimile of the seal of the authority may be printed or otherwise reproduced
on any such bonds in lieu of being manually affixed thereto and a facsimile of the signature
of the chairman of the authority may be printed or otherwise reproduced on any such interest
coupons in lieu of his manually signing the same. (b) Any such bonds may be executed and delivered
by the authority at any time and from time to time, shall be in such form and denominations
and of such tenor and maturities, shall contain such provisions...
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16-18-11
Section 16-18-11 Bonds of authority. (a) All bonds issued by the authority shall be signed
by its chairman and attested by its secretary, and the seal of the authority shall be affixed
thereto, and any interest coupons applicable to the bonds of the authority shall be signed
by the said chairman; 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 his manually
signing the same, a facsimile of the seal of the authority may be printed or otherwise reproduced
on any such bonds in lieu of being manually affixed thereto and a facsimile of the signature
of the chairman of the authority may be printed or otherwise reproduced on any such interest
coupons in lieu of his manually signing the same. (b) Any such bonds may be executed and delivered
by the authority at any time and from time to time, shall be in such form and denominations
and of such tenor and maturities, shall contain such provisions...
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16-18A-5
Section 16-18A-5 Revenue bonds - Issuance; negotiable, forms, terms, etc.; refunding bonds;
security. The authority shall have power and is hereby authorized from time to time to provide
by resolution for the issuance of negotiable revenue bonds for the purpose of paying all or
any part of the cost as herein defined of any of its projects. Such bonds may also be issued
to pay off, refund or refinance any outstanding bonds or other obligation of any nature owed
by the authority, whether or not such revenue bonds or other obligations shall then be subject
to redemption, and the authority may provide for such arrangements as it may determine for
the payment and security of the revenue bonds being issued or for the payment and security
of the revenue bonds or other obligations to be paid off, refunded or refinanced. The principal,
premium, if any, and interest of such revenue bonds shall be payable solely from the revenues,
receipts and earnings to be received by the authority in...
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45-39-221.03
whatsoever, and in every judicial action or proceeding, whether in state or federal court,
to which the tourism board is or may be a party, whether or not the tourism board itself is,
or would be, or would be deemed to be, a governmental entity, as that term is defined and
used as aforesaid. (2) To own, lease, license, operate, purchase, acquire, hold, improve,
develop, manage, sell, convey, transfer, exchange, release, and dispose of, either alone or
in conjunction with others, real and personal property, tangible and intangible, of
every kind, character, and description. (3) To adopt a corporate seal and to alter such seal
as necessary or appropriate. (4) To employ agents, employees, consultants, attorneys, and
accountants, to fix their compensation, to secure such services and assistance as the board
deems necessary to enable the tourism board to conduct and engage in the activities and purposes
for which it is created, and, subject to Section 45-39-221.04, to appoint officers in...
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45-7-241
or gross receipts, as the case may be, as follows: (1) Upon every person, firm, or corporation,
(including the State of Alabama, the University of Alabama, Auburn University and all other
institutions of higher learning in the state, whether such institutions by denominational,
state, county, or municipal institutions, and any association or other agency or instrumentality
of such institutions) engaged, or continuing within Butler County in the business of selling
at retail any tangible personal property whatsoever, including merchandise and commodities
of every kind and character, (not including, however, bonds or other evidences of debts or
stocks, nor sale or sales of material and supplies to any person for use in fulfilling a contract
for the painting, repair, or reconditioning of vessels, barges, ships, and other watercraft
of over 50 tons burden), an amount equal to one percent of the gross proceeds of sales of
the business except where a different amount is expressly...
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11-54-127
of incorporation to the contrary, any industrial development board shall have all of the following
powers, together with all powers incidental thereto or necessary to the discharge thereof
in corporate form: (1) To create or establish one or more endowment trust funds. (2) To receive
and accept from any private source, for the account of any endowment trust fund so created
or established by it, contributions in the form of gifts of money, stocks, bonds, and other
debt securities, other personal property, whether tangible or intangible, and real
property of any description, subject, in the case of any such contribution, to any lawful
condition to the use thereof that is specified by the donor thereof and that is not inconsistent
with the provisions of this division. (3) To deposit, or to cause to be deposited, into any
endowment trust fund created by it any moneys derived by the board from the leasing or sale
of any project or otherwise received by the board in connection with the...
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