33-13-3
Section 33-13-3 Authorization to form public corporation. The Governor, the Director of Finance,
one member of the Senate, appointed by the president of the Senate, one member of the House
of Representatives, appointed by the Speaker of the House, and the director of the State Docks
Department shall become a public corporation with the powers hereinafter provided, by proceeding
according to the provisions of this chapter. (Acts 1975, 2nd Ex. Sess., No. 78, p. 206, §3.)...

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4-3-41
Section 4-3-41 Authority and procedure for incorporation; reincorporation of existing airport
authorities. (a) Pursuant to the provisions of this article, airport authorities may be organized
as public corporations with the powers set forth in this article. To organize such a corporation,
not less than three natural persons shall file with the governing body of any county or any
municipality an application in writing for permission to incorporate a public corporation
under the provisions of this article and shall attach to such application a proposed form
of certificate of incorporation for such corporation. If each governing body with which the
application is filed shall adopt a resolution (which need not be published or posted) approving
the form of such certificate of incorporation and authorizing the formation of such a public
corporation, then said applicants shall become the incorporators of and shall proceed to incorporate
the authority as a public corporation in the manner...
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11-56-6
Section 11-56-6 Board of directors; record of proceedings of board. The corporation shall have
a board of directors composed of the number of directors provided in the certificate of incorporation.
All powers of the corporation shall be exercised by the board or pursuant to its authorization.
The directors shall be residents of the municipality and shall be elected by the governing
body for staggered terms of office as follows: The first term of one third of the directors
shall be two years; of another one third, four years; and of the remaining one third, six
years. Thereafter the term of office of each director shall be six years. If any director
resigns, dies, becomes incapable of acting as a director or ceases to reside in the municipality,
the governing body shall elect a successor to serve for the unexpired period of his term.
Directors shall be eligible for reelection by the governing body to succeed themselves in
office. No director shall be an officer of the state or the...
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16-16-3
Section 16-16-3 Incorporation authorized. The Governor, the State Superintendent of Education
and the Director of Finance may become a corporation with the power and authority hereinafter
provided by proceeding according to the provisions of this chapter. (Acts 1965, 1st Ex. Sess.,
No. 243, p. 331, §3.)...
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4-3-2
Section 4-3-2 Procedure for incorporation. Pursuant to the provisions of this article, airport
authorities may be organized as public corporations with the powers herein set forth. To organize
such a corporation, not less than three natural persons shall file with the governing body
of any one or more counties, cities or towns within this state an application in writing for
permission to incorporate a public corporation under the provisions of this article and shall
attach to such application a proposed form of certificate of incorporation for such corporation.
If each governing body with which the application is filed shall adopt a resolution (which
need not be published or posted) approving the form of such certificate of incorporation and
authorizing the formation of such a public corporation, then said applicants shall become
the incorporators of and shall proceed to incorporate the authority as a public corporation
in the manner hereinafter provided, using for that purpose the...
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10A-2A-8.31
Section 10A-2A-8.31 Standards of liability for directors. Notwithstanding Division C of Article
3 of Chapter 1: (a) A director shall not be liable to the corporation or its stockholders
for any decision to take or not to take action, or any failure to take any action, as a director,
unless the party asserting liability in a proceeding establishes that: (1) no defense interposed
by the director based on (i) any provision in the certificate of incorporation authorized
by Section 10A-2A-2.02(b)(4) or by Section 10A-2A-2.02(b)(6), or (ii) the protection afforded
by Section 10A-2A-8.60, precludes liability; and (2) the challenged conduct consisted or was
the result of: (i) action not in good faith; or (ii) a decision (A) which the director did
not reasonably believe to be in the best interests of the corporation, or (B) as to which
the director was not informed to an extent the director reasonably believed appropriate in
the circumstances; or (iii) a lack of objectivity due to the...
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2-6-102
Section 2-6-102 Public corporation - Formation authorized. The Governor, the Commissioner of
Agriculture and Industries, and the Director of Finance shall form a public corporation with
the powers and authorities provided in this article. (Act 2011-575, p. 1231, §4.)...
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22-29-3
Section 22-29-3 Incorporation - Authorized. The Governor, the State Health Officer and the
Director of Finance shall become a public corporation with the power and authority provided
in this chapter by proceeding according to the provisions of this chapter. (Acts 1971, No.
42, p. 279, §3.)...
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23-1-170
Section 23-1-170 Purpose and construction of article. It is the intention of the Legislature
by the passage of this article to authorize the incorporation of a public corporation for
the following purposes: (1) To issue bonds to assure the availability of funds for payment
of the state's share of the cost of constructing roads and bridges as shall from time to time
be constructed with funds supplied jointly by the state and federal government; and (2) To
construct and maintain, or participate in the construction and maintenance, or lend its aid
in construction and maintenance or contract for construction and maintenance of roads and
bridges in the State of Alabama, as well as the approaches thereto, including the reconstruction
and relocating of approaches, causeways and like or other highway facilities which may, from
time to time, be constructed and maintained with funds to be supplied jointly by the state
and federal government, together with work incidental and related thereto,...
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10A-2A-8.51
Section 10A-2A-8.51 Permissible indemnification. (a) Except as otherwise provided in this section,
a corporation may indemnify an individual who is a party to a proceeding because the individual
is a director against liability incurred in the proceeding if: (1) (i) the director conducted
himself or herself in good faith; and (ii) the director reasonably believed: (A) in the case
of conduct in an official capacity, that his or her conduct was in the best interests of the
corporation; and (B) in all other cases, that his or her conduct was at least not opposed
to the best interests of the corporation; and (iii) in the case of any criminal proceeding,
the director had no reasonable cause to believe his or her conduct was unlawful; or (2) the
director engaged in conduct for which broader indemnification has been made permissible or
obligatory under a provision of the certificate of incorporation (as authorized by Section
10A-2A-2.02(b)(5)). (b) A director's conduct with respect to an...
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