|
11-61A-7
Section 11-61A-7 Board of directors. (a) The authority shall be governed by a board of directors
of seven members. The board shall be elected by the governing body of the municipality. Each
member of the board shall be a qualified elector of the municipality. No elected official
of the state, of a county, or a municipality shall, while holding office, be eligible to serve
as a director. The directorships shall be numbered one to seven, inclusive. The initial term
for directorships one and two shall be two years. The initial term for directorships three
and four shall be three years. The initial term for directorships five, six, and seven shall
be four years. The initial terms shall commence April 1, 1994. All subsequent terms of directorships
shall be for four years. (b) If a directorship is vacant, a successor shall be elected by
the governing body to serve the remainder of the unexpired term. Directors shall be eligible
for reelection. (c) A majority of the members of the board of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-61A-7.htm - 3K - Match Info - Similar pages
11-62-3
Section 11-62-3 Application for authority to form corporation; adoption of resolution by governing
body authorizing incorporation; execution, acknowledgement, filing, recordation and contents
of certificate of incorporation; effect of granting of authority for incorporation upon incorporation
of other such corporations. (a) By proceeding in the manner set forth herein, any number of
natural persons, not less than three, may incorporate a special care facilities financing
authority in any municipality of the state. Such authority shall be organized as a public
corporation and instrumentality of the state with the powers hereinafter set forth. The incorporators
shall first file with the governing body of such municipality a written application seeking
permission to incorporate such authority, which application shall be accompanied by a proposed
form of certificate of incorporation for such authority and such supporting documents or evidence
as the incorporators may consider appropriate...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-62-3.htm - 6K - Match Info - Similar pages
11-99B-1
Section 11-99B-1 Definitions. When used in this chapter the following words and phrases shall
have the following meanings, respectively, unless the context clearly indicates otherwise:
(1) APPLICANT. A natural person who files a written application with the governing body of
any county or municipality or public corporation in accordance with the provisions of Section
11-99B-3. (2) AUTHORIZING RESOLUTION. A resolution, adopted by a governing body in accordance
with the provisions of Section 11-99B-3, that authorizes the incorporation of a district.
(3) AUTHORIZING SUBDIVISION. Any county or municipality or public corporation the governing
body of which shall have adopted an authorizing resolution. (4) BOARD. The board of directors
of a district. (5) BONDS. Bonds, notes, and certificates representing an obligation to pay
money. (6) COUNTY. Any county in the state. (7) DIRECTOR. A member of the board of directors
of the district. (8) DISTRICT. A public corporation organized pursuant to...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-99B-1.htm - 3K - Match Info - Similar pages
11-47-216
Section 11-47-216 Certificate of incorporation of authorities - Form; execution and acknowledgment;
filing with probate judge; recordation by probate judge; amendment. (a) Within 40 days following
the adoption of the most recent authorizing resolution, the applicants shall proceed to incorporate
an authority by filing for record in the office of the judge of probate of the county in which
the principal office of the authority is to be located a certificate of incorporation which
shall comply in form and substance with the requirements of this article and which shall be
in the form and executed in the manner provided in this article and shall also be in the form
theretofore approved by the governing body of each authorizing subdivision. (b) The certificate
of incorporation of the authority shall be signed and acknowledged by the incorporators before
an officer authorized by the laws of the state to take acknowledgment to deeds. When the certificate
of incorporation is filed for...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-47-216.htm - 5K - Match Info - Similar pages
11-54-174
Section 11-54-174 Procedure to incorporate; contents and execution of certificate of incorporation;
filing. Within 40 days following the adoption of an authorizing resolution the applicants
shall proceed to incorporate an authority by filing for record in the office of the judge
of probate of the county or one of the counties in which the authorizing municipality is located
a certificate of incorporation which shall comply in form and substance with the requirements
of this section and which shall be in the form and executed in the manner herein provided.
The certificate of incorporation of the authority shall state: (1) The names of the persons
forming the authority. (2) The name of the authority (which shall be "The Commercial
Development Authority of the City of _____," with the insertion of the name of the authorizing
municipality, unless the Secretary of State shall determine that such name is identical to
the name of any other corporation organized under the laws of the state or...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-54-174.htm - 3K - Match Info - Similar pages
16-17-3
Section 16-17-3 Procedure to incorporate. (a) By proceeding in the manner set forth herein,
any number of natural persons, not less than three, may incorporate an educational building
authority as a public corporation and as a political subdivision of the state. The said natural
persons shall first file with the governing body of any municipality the proposed form of
the certificate of incorporation of the authority, together with a written application seeking
permission to apply for the incorporation of an authority for such municipality. Every such
application shall also be accompanied by such supporting documents or evidence as the applicants
may consider appropriate to show the need for an authority for the said municipality. The
said governing body shall consider the said application and shall find and determine whether
it is wise, expedient, necessary or advisable that the authority be formed; if the said governing
body finds and determines that it is not wise, expedient,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-17-3.htm - 5K - Match Info - Similar pages
16-18-3
Section 16-18-3 Procedure to incorporate. (a) By proceeding in the manner set forth herein,
any number of natural persons, not less than three, may incorporate an educational building
authority as a public corporation and as a political subdivision of the state. The said natural
persons shall first file with the governing body of any municipality the proposed form of
the certificate of incorporation of the authority, together with a written application seeking
permission to apply for the incorporation of an authority for such municipality. Every such
application shall also be accompanied by such supporting documents or evidence as the applicants
may consider appropriate to show the need for an authority for the said municipality. The
said governing body shall consider the said application and shall find and determine whether
it is wise, expedient, necessary or advisable that the authority be formed; if the said governing
body finds and determines that it is not wise, expedient,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-18-3.htm - 5K - Match Info - Similar pages
41-10-305
Section 41-10-305 Members; officers; directors; quorum; vacancies; salaries and expenses; liability.
The applicants named in the application and their respective successors in office shall constitute
the members of the authority. At the time of initial selection by the commission of the individual
citizens to incorporate the authority pursuant to Section 41-10-302, the commission shall
designate one of such persons to serve an initial term of two years, one to serve an initial
term of four years, and one to serve an initial term of six years. Each succeeding appointment
of a member of the authority thereafter shall be for a term of six years. The members shall
be eligible to succeed themselves. The members shall select from among themselves a president
of the authority, a secretary of the authority and a treasurer of the authority. The members
of the authority shall constitute all the members of the board of directors of the authority,
which shall be the governing body of the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-305.htm - 2K - Match Info - Similar pages
9-6-2
Section 9-6-2 Definitions. The following words and phrases used in this chapter and others
evidently intended as the equivalent thereof shall, in the absence of clear implication in
this chapter otherwise, be given the following respective interpretations: (1) APPLICANT.
A natural person who files a written application with the Governor in accordance with the
provisions of Section 9-6-4. (2) AREA OF OPERATION. The area specified in the certificate
of incorporation of the authority, within which the authority is empowered to carry on its
business and activities under this chapter. (3) AUTHORITY. A public corporation organized
pursuant to the provisions of this chapter. (4) BOARD. The board of directors of an authority.
(5) BONDS. Such term shall include bonds, notes, debentures and certificates representing
an obligation to pay money. (6) COUNTY. Any county in this state or in contiguous states.
(7) DIRECTOR. A member of the board of directors of an authority. (8) INCORPORATORS. The...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/9-6-2.htm - 1K - Match Info - Similar pages
10A-2-1.41
Section 10A-2-1.41 Notice. REPEALED IN THE 2019 REGULAR SESSION BY ACT 2019-94 EFFECTIVE JANUARY
1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. (a) Notice under this chapter must be
in writing when written notice is required under this title or this chapter or by the corporation's
articles of incorporation or bylaws, and in other cases unless oral notice is reasonable under
the circumstances. (b) Except to the extent limited in the articles of incorporation or bylaws,
notice may be communicated in person; by telephone, telegraph, teletype, telecopier, facsimile
transmission, E-mail, or other form of wire or wireless communication; or by mail or private
carrier. If these forms of personal notice are impracticable, notice may be communicated by
a newspaper of general circulation in the area where published; or by radio, television, or
other form of public broadcast communication. (c) Written notice by a domestic or foreign
corporation to its shareholder, if in a comprehensible...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-2-1.41.htm - 2K - Match Info - Similar pages
|