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11-101A-8
subject, however, to Chapter 93 of this title, which chapter is hereby made applicable to the
authority. (3) To adopt, alter, amend, and repeal bylaws, regulations, and rules for the regulation
and conduct of its affairs and business. (4) To adopt and make use of a corporate seal and
to alter the same at pleasure. (5) To acquire, whether by purchase, construction, exchange,
gift, lease, or otherwise and to improve, maintain, equip, and furnish one or more projects,
including all real and personal properties which the board deems necessary in connection
therewith, regardless of whether any projects are then in existence, at such place or places,
within and without the boundaries of its authorizing subdivisions, as it considers necessary
or advisable. (6) To lease or otherwise make available its projects or other of its properties
or assets, with or without charge, to the United States or to one or more of its authorizing
subdivisions, for sublease to the United States, on such terms...
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24-9-5
Section 24-9-5 Alabama Land Bank Authority Board. (a) There is created the Alabama Land Bank
Authority Board which shall govern the authority to administer and enforce this chapter. (b)
The board shall consist of the following members: (1) Four residents of the state appointed
by the Governor. (2) Two representatives from nonprofit organizations engaged in low-income
housing appointed by the Governor. (3) The Presiding Officer of the Senate or his or her designee.
(4) The Speaker of the House of Representatives or his or her designee. (5) The Chair of the
Senate Finance and Taxation General Fund Committee or his or her designee. (6) The Chair of
the House Ways and Means General Fund Committee or his or her designee. (7) The State Revenue
Commissioner or his or her designee. (8) The Superintendent of the State Banking Department
or his or her designee. (9) The Director of the Alabama Department of Economic and Community
Affairs or his or her designee. (10) The Secretary of the Alabama...
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22-21-53
To arrange, with any appropriate local or state agencies, for the opening or closing of streets,
roadways, alleys or other transportation facilities; (7) To lease or rent any land, building,
structure or facility needed in the operation of the hospital; (8) To enter upon buildings
or property in order to conduct investigations or to make surveys or soundings; (9) To purchase,
obtain options upon or acquire by eminent domain, gift, grant, bequest, devise or otherwise
any property, real or personal, or interest therein, from any person, firm, corporation,
city, county or government; (10) To sell, exchange, transfer, assign or pledge any property,
real or personal, or any interest therein, to any person, firm, corporation, city,
county or government; (11) To own, hold, clear and improve property; (12) To insure or provide
for insurance of the property or operation of the association against such risks as the association
may deem advisable; (13) To borrow money upon its bonds, notes,...
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11-94-9
office in the municipality which is an authorizing subdivision and sub-offices at such other
place or places within the county which is an authorizing subdivision as its board may designate;
(4) To sue and be sued in its own name, excepting actions in tort against the authority; (5)
To acquire, whether by purchase, construction, exchange, gift, lease, or otherwise and to
improve, equip, and furnish and to own and maintain one or more projects or parts thereof,
including all real and personal properties and interests therein which its board may
deem necessary in connection therewith, regardless of whether or not any such project or projects
shall then be in existence; (6) To acquire, whether by purchase, construction, exchange, gift,
or otherwise and to improve rights-of-way, streets, approaches, roads, railroad lines, interests
in land, including the fee simple title to real property and riparian rights necessary or
useful and convenient in gaining access, entry, or approach to...
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22-21-182
or mortgage indenture may also provide that in the event of any default thereunder it may be
foreclosed either by sale at public outcry or by judicial proceedings and that the trustee
under such mortgage or mortgage indenture or the holders of any securities secured thereby
may become the purchaser at any foreclosure sale if the highest bidder. Any such mortgage
or mortgage indenture may be filed in the office of the judge of probate of any county in
which any of the property, real, personal or mixed, subject to the lien thereof is,
or is anticipated to be, located, and the lien of such mortgage or mortgage indenture shall,
with respect to all personal property and fixtures subject thereto, including after-acquired
property, and notwithstanding any contrary provisions of, and without compliance with, the
Uniform Commercial Code, be valid and binding against all parties having claims of any kind
against the corporation, irrespective of whether the parties have actual notice...
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22-21-358
nonaffiliated for profit or nonprofit corporations or other lawful business organizations which
operate and have as their purposes the furtherance of such authority's purposes; (6) Without
limiting the generality of the preceding subdivisions (4) and (5), to accomplish and facilitate
the creation, establishment, acquisition, operation or support of any such subsidiary, affiliate,
nonaffiliated corporation or other lawful business organization, by means of loans of funds,
leases of real or personal property, gifts and grants of funds or guarantees of indebtedness
of such subsidiaries, affiliates and non-affiliated corporations; (7) To indemnify any person
(including for purposes of this subdivision such person's estate and personal representatives)
made or threatened to be made a party to any action or proceeding, whether civil or criminal,
by reason of the fact that he or she is or was a board member, officer, or a physician acting
as an agent of such authority in the performance of...
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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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41-10-456
and affairs; (5) to establish a fiscal year; (6) to provide for the construction, renovation,
reconstruction, improvement, alteration, addition, demolition, equipment, operation and maintenance
of public office building facilities (including the State Capitol), surfacing and resurfacing
of land for parking and other uses to produce revenue and for the procurement of sites and
equipment for such facilities; (7) to receive, take and hold by sale, gift, lease, devise
or otherwise, real and personal property of every description, and to manage the same;
(8) to acquire by purchase, gift, or any other lawful means, and to transfer, convey or cause
to be conveyed to the state, any real, personal or mixed property; (9) to borrow money
and issue its bonds in evidence thereof subject to the provisions of this article; (10) to
anticipate by the issuance of its bonds as hereinafter limited the receipt of the revenues
from such public office buildings; (11) as security for the payment of the...
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41-9-682
any of the aforesaid facilities. (c) The authority shall have the following powers, together
with all powers incidental thereto or necessary to the discharge thereof: (1) To adopt, alter
and repeal bylaws, not inconsistent with the provisions of this section, for the regulation
and conduct of its affairs and business; (2) To acquire, whether by purchase, construction,
exchange, gift, lease or otherwise and to improve, maintain, equip and furnish one or more
projects, including all real and personal properties which the members of the authority
may deem necessary in connection therewith, regardless of whether or not any such projects
shall then be in existence; (3) To lease to others any or all of its projects and properties
and to charge and collect rent therefor and to terminate any such lease upon the failure of
the lessee to comply with any of the obligations thereof; (4) To receive and accept, from
any source, aid or contributions of money, property, labor or other items of value...
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11-50A-1
this chapter and any successor or successors thereto. (2) BOARD. The board of directors of
the authority. (3) BONDS. Any bonds issued by the authority under the provisions of this chapter,
including refunding bonds. (4) BOND ANTICIPATION NOTES. Short term obligations issued by the
authority in anticipation of the issuance of bonds. (5) COSTS. All costs of acquisition, construction,
reconstruction, improvement, equipment, alteration, repair, or extension of any project; all
costs of real and personal property required for the purposes of any project, including
any rights or undivided interest therein; all costs of easements, franchises, water rights,
fees, permits, approvals, licenses, and certificates, and all costs of securing any permits,
approvals, licenses, and certificates, and preparing applications therefor; all costs of machinery
and equipment, including equipment for use in connection with construction; all costs of the
initial fuel supply or additional fuel inventories...
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