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27-14-5
Section 27-14-5 Power to contract; purchase of insurance by or for minors. (a) Any person of
competent legal capacity may contract for insurance. (b) Any minor of the age of 15 years
or more, as determined by the nearest birthday, may, notwithstanding his minority, contract
for annuities, or for insurance upon his own life, body, health, property, liabilities, or
other interests or on the person of another in whom the minor has an insurable interest. Such
a minor shall, notwithstanding such minority, be deemed competent to exercise all rights and
powers with respect to, or under: (1) Any contract for annuity or for insurance upon his own
life, body, or health; or (2) Any contract such minor effected upon his own property, liabilities,
or other interests or on the person of another, as might be exercised by a person of full
legal age, and may at any time surrender his interest in any such contracts and give valid
discharge for any benefit accruing or money payable thereunder. Such a...
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26-1A-301
Section 26-1A-301 Power of attorney form. A document substantially in the following form may
be used to create a power of attorney that has the meaning and effect prescribed by this chapter.
ALABAMA POWER OF ATTORNEY FORM IMPORTANT INFORMATION This power of attorney authorizes another
person (your agent) to make decisions concerning your property for you (the principal). Your
agent will be able to make decisions and act with respect to your property (including your
money) whether or not you are able to act for yourself. The meaning of authority over subjects
listed on this form is explained in the Alabama Uniform Power of Attorney Act, Chapter 1A,
Title 26, Code of Alabama 1975. This power of attorney does not authorize the agent to make
health care decisions for you. Such powers are governed by other applicable law. You should
select someone you trust to serve as your agent. Unless you specify otherwise, generally the
agent's authority will continue until you die or revoke the power...
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10A-10-1.09
Section 10A-10-1.09 Powers. A real estate investment trust has the power to: (1) Unless the
declaration of trust provides otherwise, have perpetual existence unaffected by any rule against
perpetuities. (2) Sue, be sued, complain, and defend in all courts. (3) Transact its business,
carry on its operations, and exercise the powers granted by this chapter in any state, territory,
district, or possession of the United States and in any foreign country. (4) Make contracts,
incur liabilities, and borrow money. (5) Sell, mortgage, lease, pledge, exchange, convey,
transfer, and otherwise dispose of all or any part of its assets. (6) Issue bonds, notes,
and other obligations, and secure them by mortgage or deed of trust of all or any part of
its assets. (7) Subject to Section 10A-10-1.10, acquire by purchase, or in any other manner,
take, receive, own, hold, use, employ, improve, encumber, and otherwise deal with any interest
in real and personal property, wherever located. (8) Purchase,...
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36-36-5
Section 36-36-5 Management and control of trust; powers of trustees; payment of expenses. (a)
The trusts shall be under the management and control of their respective trustees. All powers
necessary or otherwise advisable for the management and control of the trusts shall be vested
solely in the respective trustees. (b) The trustees shall have all of the powers necessary
to carry out and effectuate the purposes and provisions of this chapter, all the power and
authority granted under law to the board which created the trust, and all powers granted to
trustees under Alabama law to the extent not in conflict with this chapter, including, without
limiting the generality of the foregoing, the following powers: (1) To adopt, alter, and repeal
rules for the operation and conduct of the respective trust's affairs and business; (2) To
make, enter into, and execute contracts, agreements, and other instruments and to take such
other actions as may be necessary or otherwise advisable for the...
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39-7-22
Section 39-7-22 Powers generally; consent of Department of Finance required for issuance or
sale of bonds or other evidence of indebtedness by authority. (a) Subject only to the Constitution
of the State of Alabama, each authority incorporated under this chapter shall have power:
(1) To sue and be sued; (2) To have a seal and alter the same at pleasure; (3) To acquire,
by purchase, gift, devise, lease or exercise of the power of eminent domain or other mode
of acquisition, hold and dispose of property real and personal, tangible and intangible, and
interests therein in its own name, subject to mortgages or other liens or otherwise, and to
pay therefor in cash or on credit and to secure and procure payment of all or any part of
the purchase price thereof on such terms and conditions as it shall determine; (4) To make
and enter into contracts, indentures of trust, leases and bonds; (5) To borrow money and to
issue negotiable bonds and provide for the rights of the holders thereof; (6) To...
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31-4-3
Section 31-4-3 Powers and duties generally; compensation of members; meetings; quorum; delegation
of powers and duties to executive committee. The commission may in its corporate name sue
and be sued, contract and be contracted with, acquire real and personal property by gift,
purchase, lease, hire, or condemnation, and may do all things and exercise all rights and
powers reasonably necessary to carry out and perform the duties intended or required by this
chapter. The members shall serve without compensation and shall be paid the expenses allowed
by law while attending meetings of the commission or while traveling under orders for the
performance of duty in connection with the business of the commission, the expense to be payable
out of any funds available to the commission, or if the Governor so directs, out of the active
military service appropriation. The commission shall hold regular or special meetings at Montgomery
or other designated places at the discretion and on call of the...
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33-1-12.1
Section 33-1-12.1 Additional powers. In addition to the powers conferred in this chapter and
by other applicable law, the port authority shall have the following powers: (1) To have and
use a corporate seal and to alter the same at pleasure. (2) To exercise the right of eminent
domain as freely and completely, and in the same manner, as the state has that power now or
at any time hereafter, and the power of eminent domain shall apply not only as to all property
of private persons or corporations but also as to property already devoted to public use.
(3) To acquire by purchase, gift, the exercise of the power of eminent domain, or other lawful
means, sell, rent, lease, and otherwise dispose of real, personal, or mixed property in its
own name, and to construct, improve, renovate, equip, and maintain the docks and its facilities.
(4) To receive, take, and hold by sale, gift, lease, devise, eminent domain, or other lawful
means, real and personal estate of every description in its own...
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9-10A-14
Section 9-10A-14 Powers of board. The board of directors of a watershed management authority
shall have power to: (1) Acquire, by purchase, gift, grant, bequest or devise, or through
condemnation proceedings held in the manner provided by Chapter 1A of Title 18, such lands
or rights-of-way as are necessary for the exercise of any authorized function of the authority.
Prior to commencing condemnation proceedings upon land or rights-of-way in the manner provided
by Chapter 1A of Title 18, the board of directors of a watershed management authority shall
conduct a public hearing regarding the commencement of said condemnation proceedings. The
board of directors, prior to the public hearing shall publish notice of the public hearing
at least twice, with an interval of at least seven days between the two publication dates,
in a newspaper or other publication of general circulation within the county or counties where
the land or right-of-way is situated. If no such publication of general...
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10A-5A-1.04
Section 10A-5A-1.04 Powers and privileges. (a) A limited liability company is a separate legal
entity. A limited liability company's status for tax purposes shall not affect its status
as a separate legal entity formed under this chapter. (b) A limited liability company shall
possess and may exercise all the powers and privileges granted and enumerated by Chapter 1
or by any other law or by its limited liability company agreement, together with any powers
incidental thereto, including those powers and privileges necessary or convenient to the conduct,
promotion, or attainment of the business, purposes, or activities and affairs of the limited
liability company. (c) A limited liability company may carry on any lawful activity, whether
or not for profit. (d) A series established under this chapter has the power and capacity,
in the series' own name, to: (1) sue and be sued; (2) contract; (3) hold and convey title
to assets of the series, including real property, personal property, and...
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22-28-10
Section 22-28-10 Powers of commission generally; advisory committees. In addition to other
powers conferred on it by law, the commission shall have power to: (1) Hold hearings relating
to any aspect of or matter in the administration of this chapter and, in connection therewith,
compel the attendance of witnesses and the production of evidence through subpoena, as provided
in this chapter; (2) Issue such orders as may be necessary to effectuate the purposes of this
chapter and enforce the same by all appropriate administrative and judicial proceedings; (3)
Require access to records relating to emissions which cause or contribute to air contamination;
(4) Secure necessary scientific, technical, administrative and operational services, including
laboratory facilities, by contract or otherwise; (5) Prepare and develop a comprehensive plan
or plans for the prevention, abatement and control of air pollution in this state; (6) Encourage
voluntary cooperation by persons and affected groups to...
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