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11-32-7
Section 11-32-7 Powers of authority. (a) The authority shall exercise powers and duties necessary
to the discharge of its powers and duties in corporate form as follows: (1) Have succession
by its corporate name in perpetuity subject to Section 11-32-20. (2) Sue and be sued in its
own name in civil suits and actions and defend suits against it. (3) Adopt and make use of
a corporate seal and alter the same at its pleasure. (4) Adopt and alter bylaws for the regulation
and conduct of its affairs and business. (5) Acquire, receive, take, by purchase, gift, lease,
devise, or otherwise, and hold property of every description, real, personal, or mixed, whether
located in one or more counties or municipalities and whether located within or outside the
authorizing county. (6) Make, enter into, and execute contracts, agreements, leases, and other
instruments and take other actions as may be necessary or convenient to accomplish any purpose
for which the authority was organized, or exercise any...
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11-49B-7
Section 11-49B-7 Powers of authority. The authority shall exercise, subject to this chapter,
the following powers and duties necessary to the discharge of its powers and duties in corporate
form: (1) To have succession by its corporate name for the duration of time, which may be
perpetual, subject to the provisions of Section 11-49B-19 specified in its certificate of
incorporation. (2) To sue and be sued in its own name in civil suits and actions and to defend
suits against it. (3) To adopt and make use of a corporate seal and to alter the seal at pleasure.
(4) To adopt and alter bylaws for the regulation and conduct of its affairs and business.
(5) To acquire, receive, and take, by purchase, gift, lease, devise, or otherwise, and to
hold property of every description, real, personal, or mixed, whether located in one or more
counties or municipalities and whether located within or outside the authorizing county. (6)
To make, enter into, and execute contracts, agreements, leases, and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-49B-7.htm - 10K - Match Info - Similar pages
27-61-1
Section 27-61-1 Surplus Lines Insurance Multi-State Compliance Compact. The Surplus Lines Insurance
Multi-State Compliance Compact Act is enacted into law and entered into with all jurisdictions
mutually adopting the compact in the form substantially as follows: PREAMBLE WHEREAS, with
regard to Non-Admitted Insurance policies with risk exposures located in multiple states,
the 111th United States Congress has stipulated in Title V, Subtitle B, the Non-Admitted and
Reinsurance Reform Act of 2010, of the Dodd-Frank Wall Street Reform and Consumer Protection
Act, hereafter, the NRRA, that: (A) The placement of Non-Admitted Insurance shall be subject
to the statutory and regulatory requirements solely of the insured's Home State, and (B) Any
law, regulation, provision, or action of any State that applies or purports to apply to Non-Admitted
Insurance sold to, solicited by, or negotiated with an insured whose Home State is another
State shall be preempted with respect to such application;...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-61-1.htm - 62K - Match Info - Similar pages
9-10-3
Section 9-10-3 Procedure for incorporation. To become a corporation, members of the board of
directors of the agency shall present to the Secretary of State an application signed by them
which shall state: (1) The name, official designation and official residence of each of the
applicants together with a certified copy of the resolution, order or commission evidencing
his right to office; (2) The term of office of each of the applicants; (3) The name of the
proposed corporation; (4) The location of the principal office of the proposed corporation;
and (5) Any other matter relating to the incorporation which the applicants may choose to
insert and which is not inconsistent with this article or the laws of the State of Alabama.
The application shall be subscribed and sworn to by each of the applicants before an officer
authorized by the laws of this state to take acknowledgments to deeds. If the Secretary of
State, upon examination of the application presented to him, finds that it...
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11-50-313
Section 11-50-313 Board of directors. (a) Each corporation formed or the certificate of incorporation
of which is amended under this article shall have a board of directors which shall constitute
the governing body of the corporation, which board shall consist of at least three members.
In any Class 4 municipality which has adopted a mayor-council form of government pursuant
to Chapter 43B (commencing with Section 11-43B-1) of this title, any corporation formed pursuant
to this chapter may have a governing body which shall consist of seven members. Any corporation,
located in any Class 5 municipality, which is governed by a local law enacted in the 1995
Regular Session may have a governing body which shall consist of seven members. No fee shall
be paid to any director for services rendered with respect to a sanitary sewer system. In
any instance where the system or systems owned and operated by the corporation are any one
or more of a water system, a gas system, and an electric system,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-50-313.htm - 9K - Match Info - Similar pages
16-60-21
Section 16-60-21 Board of trustees - Organization; initial officers; vice-president; meetings;
terms of members; compensation and expenses. The Governor shall be ex officio chairman of
the board; and he shall call a meeting of such board within 60 days after September 8, 1961.
At this meeting the board shall organize itself, make provision for the preparation and adoption
of bylaws and rules and regulations to govern it and elect a vice-president and a secretary-treasurer.
The vice-president elected at the organizational meeting of the board shall hold office for
a term of two years and until his successor has been elected. Successors to the vice-president
elected at the organizational meeting of the board shall hold office for such time as is prescribed
in the bylaws and rules adopted by the board. The secretary-treasurer elected at the organizational
meeting of the board shall serve until a president and a treasurer for the college have been
elected and employed. Thereafter the...
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16-60-51
Section 16-60-51 Board of trustees - Organization; initial officers; vice-president; meetings;
terms of members; compensation and expenses. The Governor shall be ex officio chairman of
the board, and he shall call a meeting of such board within 60 days after September 15, 1961.
At this meeting the board shall organize itself, make provisions for the preparation and adoption
of bylaws and rules and regulations to govern it and elect a vice-president and a secretary-treasurer.
The vice-president elected at the organizational meeting of the board shall hold office for
a term of two years and until his successor has been elected. Successors to the vice-president
elected at the organizational meeting of the board shall hold office for such time as is prescribed
in the bylaws and rules adopted by the board. The secretary-treasurer elected at the organizational
meeting of the board shall serve until a president and a treasurer for the college have been
elected and employed. Thereafter the...
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34-24-144
Section 34-24-144 Board of Chiropractic Examiners - Officers; meetings; rules and regulations;
bond. The members of the State Board of Chiropractic Examiners shall convene within 30 days
after their election or appointment and elect a president, vice-president, and secretary-treasurer
from among their members, and thereafter the board shall elect, annually, after the commencement
of the term of any board member, a president, vice-president, and secretary-treasurer from
among the members of the board. The board shall meet at least twice a year and shall set by
rule the regular meeting schedule of the board. The board shall adopt a seal, which shall
be affixed to all licenses issued. Five members of the board shall constitute a quorum. However,
the board may appoint hearing panels consisting of no fewer than three board members. The
consumer member of the board may be a member of each hearing panel. The hearing panels are
authorized to conduct hearings in the same manner as the full...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/34-24-144.htm - 1K - Match Info - Similar pages
41-10-88
Section 41-10-88 Board of directors of corporation - Election and terms of office of members
generally. The governing body shall elect the number of directors provided in the certificate
of incorporation of the corporation for staggered terms of office. At the time of the election
of the first board, the governing body shall divide the directors into three groups containing
as nearly equal whole numbers as may be possible. The first term of the directors included
in the first group shall be two years; the first term of the directors included in the second
group shall be four years; the first term of the directors included in the third group shall
be six years; and, thereafter, the terms of all directors shall be six years; provided, that
if at the expiration of any term of office of any director a successor shall not have been
elected, then the director whose term of office shall have expired shall continue to hold
office until his successor shall be so elected. (Acts 1965, 1st Ex....
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34-22-41
Section 34-22-41 Officers; meetings; compensation; disposition of funds; bonds; annual report.
(a) The board shall choose annually one of its members as president, one as vice-president,
and one as secretary-treasurer, who each may administer oaths and take affidavits, certifying
thereto under their hand and the common seal of the board. (b) The board shall meet at least
once in each year in the City of Montgomery or in a place designated by the president and,
in addition thereto, whenever and wherever the president thereof calls a meeting. A majority
of the board shall at all times constitute a quorum. The secretary of the board shall keep
a full record of the proceedings of the board, which shall at all reasonable times be open
to public inspection. (c) Each member of the board shall be reimbursed at the same per diem
and travel allowance amounts paid by law to state employees for each day of attendance upon
the business of the board and, in addition thereto, the sum of two hundred...
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