11-49A-8
Section 11-49A-8 Powers of authority. 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 (which may be
perpetual, subject to the provisions of Section 11-49A-20) specified in its certificate
of incorporation; (2) To sue and be sued in its own name in civil suits and actions and to
defend suits 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 or municipalities and whether located within or outside the authorizing municipality;
(6) To make, enter into, and execute such contracts, agreements, leases, and...
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37-11A-1
Section 37-11A-1 Execution and text of compact. The Governor, on behalf of this state,
shall execute a compact, in substantially the following form, with the State of Mississippi,
and the Legislature approves and ratifies the compact in the form substantially as follows:
Northeast Mississippi - Northwest Alabama Railroad Authority Compact. The contracting states
solemnly agree: Article I. The purpose of this compact is to promote and develop trade, commerce,
industry, and employment opportunities for the public good and welfare in northeast Mississippi
and northwest Alabama through the establishment of a joint interstate authority to acquire
certain railroad properties and facilities which the operator thereof has notified the Interstate
Commerce Commission of an intention to abandon and which are located in any of Franklin, Marion,
or Winston Counties, Alabama or in Alcorn or Tishomingo Counties, Mississippi. Article II.
This compact shall become effective immediately as to the State...
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41-9-682
Section 41-9-682 Function and powers generally. (a) It shall be the function and main
purpose of the board to honor those, living or dead, who, by achievement or service, have
made outstanding and lasting contributions to music in Alabama or elsewhere. The board may
adopt such rules, regulations and bylaws as may be needed to carry out its functions. Also,
it may conduct surveys and polls and may appoint such committees and representatives as it
may determine necessary or desirable. The board may acquire, construct, install, equip, lease,
manage and operate buildings and other facilities consisting of any one or more of the following
to be located in Colbert County, Alabama: (i) a music hall of fame and exhibition facility
for the display of busts, statues, plaques, books, papers, computerized figures, memorabilia,
records, films, audio tapes, video tapes, compact disks, recordings, pictures and other exhibits
relating to music and musicians, (ii) a library, research and educational...
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8-6-110
Section 8-6-110 Definitions. The following words and phrases, as used in this article,
shall have the following meanings: (1) AUTHORIZING ACT. Any of the following statutes or acts:
a. Any of the following sections, as amended: Section 11-20-1 et seq., relating to
industrial revenue bonds to be issued by counties; Section 11-54-20 et seq., relating
to industrial revenue bonds to be issued by municipalities; Section 11-54-80 et seq.,
relating to industrial revenue bonds to be issued by municipal industrial development boards;
Section 11-58-1 et seq., relating to industrial revenue bonds to be issued by municipal
medical clinic boards, Section 22-21-170 et seq., relating to industrial revenue bonds
to be issued by county and municipal hospital authorities; and Section 11-20-30 et
seq., relating to industrial revenue bonds to be issued by county industrial development boards.
b. The following acts of the Alabama Legislature: Act No. 4, enacted at the 1956 Second Special
Session of the...
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10A-1-1.03
Section 10A-1-1.03 Definitions. As used in this title, unless the context otherwise
requires, the following terms mean: (1) AFFILIATE. A person who controls, is controlled by,
or is under common control with another person. An affiliate of an individual includes the
spouse, or a parent or sibling thereof, of the individual, or a child, grandchild, sibling,
parent, or spouse of any thereof, of the individual, or an individual having the same home
as the individual, or a trust or estate of which an individual specified in this sentence
is a substantial beneficiary; a trust, estate, incompetent, conservatee, protected person,
or minor of which the individual is a fiduciary; or an entity of which the individual is director,
general partner, agent, employee or the governing authority or member of the governing authority.
(2) ASSOCIATE. When used to indicate a relationship with: (A) a domestic or foreign entity
for which the person is: (i) an officer or governing person; or (ii) a beneficial...
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11-88-7
Section 11-88-7 Powers of authority generally; power of authority to acquire, operate,
etc., systems, etc., outside service area; provisions in schedules of rates and charges generally;
powers of authority organized to construct and operate sewer system. (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 (which may be in perpetuity, subject to the provisions of Section
11-88-18) 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...

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11-92C-8
Section 11-92C-8 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, which may be
in perpetuity, subject to Section 11-92C-20, specified in its certificate of incorporation.
(2) To sue and be sued in its own name and to prosecute and defend civil actions in any court
having jurisdiction of the subject matter and of the parties; provided that the authority
shall be deemed to be a governmental entity as defined in Chapter 93 of this title for the
purpose of limiting the damages for which the authority may be liable. (3) To adopt and make
use of a corporate seal and to alter the seal at its pleasure. (4) To adopt and alter bylaws
for the regulation and conduct of its affairs and business. (5) To acquire, whether by purchase,
construction, exchange, gift, lease, or otherwise, and to refinance existing...
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45-37-90.05
Section 45-37-90.05 Civic Center Authority - Location; powers; development plan; investment
of funds. (a) The authority shall be authorized to construct, maintain, control, operate,
and manage a civic center in the county seat within the following described area: Beginning
at the intersection of Thirteenth Avenue North and Twenty-sixth Street North (Carraway Boulevard);
thence Southerly along Twenty-sixth Street North (Carraway Boulevard) to the Connector Road;
thence Southerly along the Connector Road to Twenty-sixth Street North; thence Southerly along
Twenty-sixth Street North to Eighth Avenue North (Reverend Abraham Woods Jr. Boulevard); thence
Westerly along Eighth Avenue North (Reverend Abraham Woods Jr. Boulevard) to Twenty-third
Street North; thence Northerly along Twenty-third Street North to the Southerly Right of Way
of Interstate 59/20; thence Westerly along the Southerly Right of Way of Interstate 59/20
to Fifteenth Street North; thence Northerly along Fifteenth Street...
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37-13-7
Section 37-13-7 Powers of authority generally. Each 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 (which
may be in perpetuity) specified in its certificate of incorporation; (2) To sue and be sued
in its own name in civil suit and actions; (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 boundaries or corporate
limits (as the case may be) of any authorizing subdivision, and to manage said property, and
to develop any undeveloped property owned, leased or controlled by it in a...
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45-37A-51.137
Section 45-37A-51.137 The fund and its investment. (a) In each instance in which any
provision of this section requires a determination of the value of a security, or securities,
in the fund, the fair market value of such security or securities as determined by pricing
sources acceptable to the custodian, shall be deemed to be the value thereof. (b) The fund
shall include all assets of the fund in any form, and the city director of finance shall be,
ex officio, the custodian of the fund. The custodian shall keep a separate account of the
fund and of all assets and liabilities thereof and of all receipts and disbursements thereof
and of all prior service time and paid membership time of employee members. The custodian
shall keep all monies of the fund in a separate bank account. The custodian shall keep in
force and effect a bond in a penal amount equal to the total amount of monies and securities
in such custodian's custody or possession, but in no event in excess of fifty thousand...

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