Code of Alabama

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33-10-15
Section 33-10-15 Certain powers enumerated. The commission is granted all powers capable of
being delegated by the Legislature under the Constitution of the state, including but not
limited to authority: (1) To own, construct, operate, maintain and lease docks, wharves, sheds,
elevators, pipelines, pumping stations and facilities, storage facilities, housing and food
facilities, heliport, locks, slips, laterals, basins, warehouses and all other property, structures,
equipment and facilities, including belt and connecting lines of railroads and works of public
improvement necessary or useful for deep draft harbor and terminal purposes. (2) To dredge
and maintain shipways, channels, slips, basins and turning basins. (3) To establish, operate
and maintain in cooperation with the federal government, the State of Alabama and its various
agencies, subdivisions and public bodies, navigable waterway systems. (4) To acquire by expropriation
any real property in fee, leaving the ownership of any...
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11-20-3
Section 11-20-3 Powers of counties as to acquisition, leasing, etc., of projects generally.
(a) In addition to any other powers which it may now have, each county shall have the following
powers: (1) To acquire, whether by construction, purchase, gift or lease, one or more projects
which shall be located within this state; (2) To lease to others (in the case of counties
having populations according to the most recent federal decennial census of not less than
54,500 nor more than 56,000, the word others shall include the federal government, any of
its departments and agencies) any or all of its projects for such rentals and upon such terms
and conditions as the governing body may deem advisable and as shall not conflict with the
provisions of this article; and (3) To issue revenue bonds for the purpose of defraying the
cost of acquiring, by construction and purchase, or either, any project and to secure the
payment of such bonds, all as provided in this article. (b) No county shall have...
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23-2-145
Section 23-2-145 Advertisement for construction bids; award of contract; work done by force
account; further considerations by the authority. (a) Before construction is started on any
project, the authority shall advertise for sealed bids once each week for three consecutive
weeks in a newspaper of general circulation in the county in which the project or undertaking,
or some part thereof, is to be located; the authority may also advertise in such other publications
as it may deem advisable. Such notices shall state that plans and specifications for the project
are on file in the office of the authority and the time and place in which bids will be received
and opened. All bids shall be opened publicly at the advertised time and place. (b) The contract
shall be awarded to the lowest responsible bidder complying with conditions of the invitation
for bids, unless the authority finds that the bid is unreasonable or that it is not to the
interest of the authority to accept it. The bidder to...
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37-5-3
nor to limit any such grant to a power or powers of the same class or classes as those enumerated.
The district is empowered to do all acts necessary, proper or convenient in the exercise of
the powers granted under this chapter. Any district created pursuant to this statute shall
have the power: (1) To sue and be sued. (2) To have a seal. (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 real and personal property of every kind within or without the district,
subject to mortgages or any other liens. (4) To make and enter into contracts, conveyances,
mortgages, deeds of trust, bonds or leases. (5) To incur debts, to borrow money, to issue
negotiable bonds and to provide for the rights of holders thereof. (6) To fix, maintain and
collect rates and charges for any service. (7) To pledge all or any part of its revenues.
(8) To make such covenants in connection with the issuance of bonds or to...
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11-50A-14
Section 11-50A-14 Right to receivership upon default. (a) In the event that the authority shall
default in the payment of the principal of or interest on any of its bonds, bond anticipation
notes or notes after they shall become due, whether at maturity or upon call for redemption,
and such default shall continue for a period of 30 days, or if the authority shall default
in any material respect in any agreement made with the holders of the bonds, bond anticipation
notes or notes, any holder of bonds, bond anticipation notes or notes, or trustee therefor,
shall have the right to apply in an appropriate judicial proceeding to the Montgomery County
circuit court for the appointment of a receiver for the project, the revenues of which were
pledged for payment of the principal of and interest due on the bonds, bond anticipation notes
or notes, whether or not all bonds, bond anticipation notes or notes have been declared due
and payable and whether or not the holder, or trustee therefor, is...
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11-60-8
in the certificate of incorporation unless sooner dissolved as provided in this chapter; (2)
To sue and be sued and to prosecute and defend civil actions in any court having jurisdiction
of the subject matter and of the parties; (3) To have and to use a corporate seal and to alter
the same at pleasure; (4) To acquire, whether by purchase, construction, exchange, gift, lease,
or otherwise to improve, maintain, equip, furnish, own, and operate one or more projects,
including all real and personal properties which the board of directors of the corporation
may deem necessary in connection therewith, regardless of whether or not any such projects
or any part thereof shall then be in existence; (5) To fix, prescribe, and collect rates,
fees, tolls, charges, or rentals for the use of any of its facilities and for services, facilities,
and accommodations furnished by it or any of its facilities; (6) To adopt and enforce rules
and regulations relative to the use or occupancy of any of its...
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11-22-8
the period specified in the certificate of incorporation unless sooner dissolved as hereinafter
provided; (2) To sue and be sued and to prosecute and defend in any court having jurisdiction
of the subject matter and of the parties; (3) To have and to use a corporate seal and to alter
the same at pleasure; (4) To acquire, whether by purchase, construction, exchange, gift, lease,
or otherwise, to improve, maintain, equip, furnish, own, and operate one or more projects,
including all real and personal properties which the board of directors of the corporation
may deem necessary in connection therewith and regardless of whether or not any such projects
or any part thereof shall then be in existence; (5) To fix, prescribe and collect rates, fees,
tolls, charges, or rentals for the use of any of its facilities and for services, facilities,
and accommodations furnished by it or any of its facilities; (6) To adopt and enforce rules
and regulations relative to the use or occupancy of any of...
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41-10-102
Section 41-10-102 Remedies upon default on bonds, etc. (a) Remedies upon default on bonds or
indenture. If there shall be any default in the payment of the principal of or interest on
any of the bonds issued under this article, or in the performance of any provisions of the
indenture or proceedings authorizing the issuance of such bonds, then the holder of any of
the bonds and the interest coupons applicable thereto and the trustee under such indenture
or any one or more of them shall have and may exercise any one or more of the following remedies:
(1) They may by civil action, mandamus, injunction or other proceeding compel the performance
of all duties of the officers and directors of the corporation with respect to the use of
funds for the payment of the bonds and for the performance of the bonds and the agreements
of the corporation contained in the bonds, the indenture or in the proceedings under which
they were issued; (2) They may institute a civil action and shall be entitled...
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40-21-21
Section 40-21-21 Franchises and intangible property subject to taxation. There shall be subject
to taxation in this state the franchises or intangible property and assets of each and every
corporation, whether organized under the laws of this state or of any other state or government,
and of each and every individual, association, or partnership, or company engaged as a common
carrier, wholly or partly in this state, in the business of transporting freight of any description
or passengers, or both, over any railroad, including street railroads, or of operating any
cars of any kind over any railroads for the transportation of passengers or of property of
any kind for others or for the public, including sleeping cars, parlor or palace cars, chair
cars, equipment cars of any kind, or engaged in the business of maintaining or operating for
gain any telegraph or telephone lines, plant or business, or any plant or business for the
production, transportation, piping, distribution, or sale of...
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9-10-5
of its powers under this article; (5) To sue and be sued in its own name; (6) To enter into
agreements with the United States government or its agencies or political subdivisions thereof,
with municipalities and with public corporations concerning the sale and use of the water
impounded by the United States government, management of the project, collection of charges
for water issued to users and repayment costs of the project construction costs; (7) To acquire,
hold and dispose of real and personal property or any interests therein; (8) To provide
a water supply by impounding a stream or by development and use of wells by either construction,
lease or purchase; (9) To develop and operate an irrigation project, including the facilities
necessary thereto, either by construction, lease or purchase; (10) To provide for the control
of floods by impounding surplus water or by other means to the extent that such work is economically
feasible and desirable and not opposed to the need of water...
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