Code of Alabama

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34-12-32
Section 34-12-32 Compensation and expenses. Each member of the board shall receive a
nominal sum of $50 per diem when actually attending to the work of the board or any of its
committees and for the time spent in necessary travel and, in addition thereto, shall be reimbursed
for all traveling expenses as provided in Article 2 of Chapter 7 of Title 36, and incidental
and clerical expenses necessarily incurred in carrying out the provisions of this chapter.
Such compensation and expenses shall be paid out of the Professional Foresters Fund in the
manner prescribed herein. (Acts 1957, No. 533, p. 750, §5; Acts 1973, No. 1202, p. 2020,
§3; Acts 1986, No. 86-117, p. 138, §3.)...
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16-25-20
Section 16-25-20 Management of funds. (a) (1) The Board of Control shall be the trustees
of the several funds of the Teachers' Retirement System created by this chapter as provided
in Section 16-25-21, and shall have full power to invest and reinvest the funds, through
its Secretary-Treasurer, in the classes of bonds, mortgages, common and preferred stocks,
shares of investment companies or mutual funds, or other investments as the Board of Control
may approve, with the care, skill, prudence, and diligence under the circumstances then prevailing
that a prudent man acting in a like capacity and familiar with the matters would use in the
conduct of an enterprise of a like character and with like aims; and, subject to like terms,
conditions, limitations, and restrictions, the Board of Control, through its Secretary-Treasurer,
shall have full power to hold, purchase, sell, assign, transfer, and dispose of any investments
in which the funds created herein shall have been invested, as well...
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34-41-5
Section 34-41-5 Powers of board. (a) The board shall elect from its membership a chair,
a vice chair, and a secretary-treasurer. The board shall adopt rules to govern its proceedings.
A majority of the appointed membership of the board shall constitute a quorum for all meetings.
(b) The board shall, by regulation, adopt an administrative code and a code of professional
conduct, which shall be published by the board and distributed to every applicant for licensing
and to every licensee under this chapter. The publication shall constitute due notice to all
applicants and licensees. The board shall solicit comments from the profession at large concerning
these codes and may revise and amend the codes. (c) The board shall have the authority to
prepare, administer, and grade oral or written examinations, or both, as required or permitted
by this chapter to test an applicant's academic preparation and ability to apply such training
to the public practice of geology. The board may take any...
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34-8-22
Section 34-8-22 Officers; bonds; compensation and expenses; rules and regulations. When
the Governor appoints the board, he or she shall designate and commission one member as the
chairperson, another as vice-chairperson, and another as secretary-treasurer. The board may
make the bylaws, rules, and regulations as it shall deem best, provided the same shall not
conflict with the laws of the State of Alabama. The secretary-treasurer shall give bond in
the sum as the board shall determine with the surety as shall be approved. The bond shall
be conditioned upon the faithful performance of the duties of the office and for the faithful
accounting of all moneys and other properties as shall come into his or her hands. Each member
of the board shall receive two hundred dollars ($200) per day for attending sessions of the
board or its committees, and for time actually spent in necessary travel in attending meetings
of the board or its committees and in addition shall be reimbursed for necessary...
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36-27-25
Section 36-27-25 Funds for assets of retirement system - Management. (a) The Board of
Control shall be the trustees of the several funds of the Employees' Retirement System created
by this article as provided in Section 36-27-24 and shall have full power to invest
and reinvest the funds, through its Secretary-Treasurer in the classes of bonds, mortgages,
common and preferred stocks, shares of investment companies or mutual funds, or other investments
as the Board of Control may approve, with the care, skill, prudence, and diligence under the
circumstances then prevailing that a prudent person acting in a like capacity and familiar
with such matters would use in the conduct of an enterprise of a like character and with like
aims. Subject to like terms, conditions, limitations and restrictions, the Board of Control,
through its Secretary-Treasurer, shall have full power to hold, purchase, sell, assign, transfer,
and dispose of any investments in which the funds created in Section...
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23-7-5
Section 23-7-5 Powers and functions. (a) In addition to the powers contained in other
provisions of this chapter, the bank has all power necessary, useful, or appropriate to fund,
operate, and administer the bank, and to perform its other functions including, but not limited
to, the following power to: (1) Have perpetual succession. (2) Adopt, promulgate, amend, and
repeal bylaws, not inconsistent with this chapter for the administration of the bank's affairs
and the implementation of its functions including the right of the board to select qualifying
projects and to provide loans and other financial assistance. (3) Sue and be sued in its own
name. (4) Have a seal and alter it at pleasure, although the failure to affix the seal does
not affect the validity of an instrument executed on behalf of the bank. (5) Make loans to
qualified borrowers to finance the eligible costs of qualified projects and to acquire, hold,
and sell loan obligations at prices and in a manner as the board...
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11-91A-7
Section 11-91A-7 Jurisdiction of board; funding; powers of board. The board shall have
full, complete, and exclusive jurisdiction over the program and shall allocate funds from
its treasury for the fulfillment and accomplishment of its duties and responsibilities in
a manner as may be necessary and appropriate to carry out the purposes of this chapter. The
board shall have the general powers and authority granted under the laws of this state for
health insurers, and in addition thereto, the specific authority to do all of the following:
(a) Subject to compliance with Section 11-91A-8 where applicable, execute a contract
or contracts to provide for the administration of the program in accordance with this chapter.
The contract or contracts may be executed with one or more agencies or corporations licensed
to transact or administer group health care business in this state with similar plans of the
state for the joint performance of common administrative functions. (b) Establish, and...

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16-44A-14
Section 16-44A-14 Powers of board of directors. In furtherance of the purposes of the
compact, the board of directors may do the following: (1) Accept donations of funds or land,
bequests, grants, appropriations, loans, membership fees, or other forms of financial assistance
for educational and other purposes in furtherance of this article, from any federal entity,
from the state, its agencies and subdivisions, or any local public entity which are hereby
authorized to grant any of the foregoing forms of assistance, or from any private person,
or other agency, and to comply with rules and regulations concerning grants by the federal
government or other grantors, which are not in contravention of the constitution and laws
of this state or the United States. (2) Enjoy and exercise any powers and duties, not inconsistent
with this chapter, which are authorized to non-profit organizations under Title 10. (3) Engage
the services, by employment or otherwise, of a full-time or part-time...
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9-18-1
Section 9-18-1 Enactment of Southern Interstate Nuclear Compact. The Southern Interstate
Nuclear Compact is hereby enacted into law and entered into by the state of Alabama with any
and all states legally joining therein in accordance with its terms, in the form substantially
as follows: "SOUTHERN INTERSTATE NUCLEAR COMPACT "Article I. Policy and Purpose
"The party states recognize that the proper employment of nuclear energy, facilities,
materials, and products can assist substantially in the industrialization of the south and
the development of a balanced economy for the region. They also recognize that optimum benefit
from and acquisition of nuclear resources and facilities requires systematic encouragement,
guidance, and assistance from the party states on a cooperative basis. It is the policy of
the party states to undertake such cooperation on a continuing basis; it is the purpose of
this compact to provide the instruments and framework for such a cooperative effort to improve...

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16-33C-5
Section 16-33C-5 Powers of board. In addition to the powers granted by any other provision
of this chapter, the Savings Board and PACT board shall have, as agents of the State of Alabama,
the powers necessary or convenient to carry out the purposes and provisions of this chapter,
to develop and implement the ABLE Program, ACES Program and the PACT Program, and the powers
delegated by any other law of the state or any executive order thereof including, but not
limited to, the following express powers: (1) To adopt and amend bylaws. (2) To adopt the
rules and regulations necessary to implement the provisions of this chapter either with or
without compliance with the state Administrative Procedure Act. (3) To invest as they deem
appropriate any funds in the plan in any instrument, obligation, security, or property that
constitutes legal investments for public funds in the state, including legal investments for
the State Treasurer and the Alabama Trust Fund, and to name and use...
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