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11-97-8
Section 11-97-8 Powers of corporation; location of facilities of corporation. (a) Every corporation
shall have all of the powers necessary and convenient to carry out and effectuate the purposes
and provisions of this chapter, including (without limiting the generality of the foregoing)
the following powers: (1) To have succession in its corporate name for the duration of time
(which may be in perpetuity, subject to the provisions of Section 11-97-22 hereof) 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 same at pleasure; (4) To adopt, alter, and repeal bylaws, regulations, and
rules, not inconsistent with the provisions of this chapter, for the regulation and conduct
of its affairs and business; (5) To acquire, whether by gift, purchase, transfer, foreclosure,
lease, or otherwise, to construct and to expand, improve, operate,...
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33-15-6
Section 33-15-6 Powers, duties and functions generally. The general powers, duties and functions
of the authority shall be as follows: (1) GENERAL. The authority: a. Shall have perpetual
succession in its corporate name; b. May bring civil actions and have civil actions brought
against it in its corporate name; c. May adopt, use, and alter a corporate seal, which shall
be judicially noticed; d. May enter into such contracts and cooperative agreements with federal,
state and local governments, with agencies of such governments and with private individuals,
corporations, associations and other organizations, including the Bear Creek Watershed Association,
Inc., whether organized under the laws of Alabama or of another state, as the board may deem
necessary or convenient to enable it to carry out the purposes of this article, which authorization
shall include without limitation contracts and cooperative arrangements with any of the several
states and with counties and municipalities in...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/33-15-6.htm - 9K - Match Info - Similar pages
33-2-39
Section 33-2-39 Disposition of proceeds from sale of bonds. The proceeds from the sale of any
of the bonds shall be paid into the state treasury and kept by the State Treasurer in a separate
account and paid over to the secretary-treasurer of the department from time to time in such
amounts as shall be directed by the Governor and the money so paid over to the secretary-treasurer
of the department shall be held and used only for the accomplishment of the purposes of this
article, and specifically for payment of the cost of acquiring, by construction or otherwise,
maintaining and operating, or any of them, dock facilities along navigable streams and waterways
now or hereafter existing within the state, in aid of commerce and use of navigable waterways
of the state. The cost of acquiring any dock facilities shall be deemed to include, inter
alia, (1) fees of engineers and attorneys and other expenses incidental to such acquisition;
(2) the cost of issuing those of the bonds that may be...
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11-50A-20
Section 11-50A-20 Trust agreement. In the discretion of the authority, any issue of bonds may
be secured by a trust agreement or indenture made by the authority with a corporate trustee,
which may be any trust company or bank within or without the state having the powers of a
trust company. The trust agreement or indenture may pledge or assign any revenues to be received
by the authority and any proceeds which may be derived from the disposition of any real or
personal property of the authority or proceeds of insurance carried thereon. The resolution
providing for the issuance of bonds and the trust agreement or indenture may contain any provisions
the authority deems necessary or appropriate for protecting and enforcing the rights and remedies
of the bondholders, including the right of appointment of a receiver upon default in the payment
of any principal or interest obligation and the right of any receiver or trustee to enforce
collection of any rates, fees, tolls, charges, or...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-50A-20.htm - 3K - Match Info - Similar pages
22-4-5
Section 22-4-5 Adoption, revision, etc., of rules, regulations, standards, etc., by State Board
of Health; appeals therefrom; State Board of Health not to discriminate among branches of
healing arts in administration of funds. (a) The State Board of Health, with the advice and
consultation of the Statewide Health Coordinating Council, is hereby authorized and empowered
to adopt, revise, abolish, promulgate and publish rules, regulations, standards and procedures
for: (1) The preparation of the preliminary State Health Plan and the State Medical Facilities
Plan; (2) The administration of the State Health Plan and of the State Medical Facilities
Plan after approval by the Statewide Health Coordinating Council; (3) The construction and
operation of health care facilities established under the State Medical Facilities Plan; and
(4) Such other matters as may be necessary to carry out the intent and purpose of this article.
(b) The State Board of Health is also authorized and empowered to...
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23-1-363
Section 23-1-363 Authority to receive grants, donations, loans, etc., disposition of same for
general promotion, advancement, of aeronautics. The department may receive grants, donations,
gifts, and loans of funds, monies, equipment, materials, and services from any state, county,
or municipal governments or any agencies thereof, or from any other person, and the department
shall keep a record of all grants and donations. The department may expend the funds solely
and exclusively for the general promotion, advancement, and safety of aeronautics and for
the construction, improvement, expansion, or maintenance of public use airports or other air
navigation facilities or services in the state, which shall include the joint establishment
or provision of aeronautical facilities in cooperation with other state or federal departments
or with other political subdivisions of the state, separately or together. (Act 2000-220,
p. 328, ยง16.)...
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33-2-69
Section 33-2-69 Disposition of proceeds from sale of bonds. The proceeds from the sale of any
of the bonds (other than refunding bonds) shall be paid into the State Treasury and kept by
the State Treasurer in a separate account and paid over to the secretary-treasurer of the
department from time to time in such amounts as shall be directed by the Governor, and the
money so paid over to the secretary-treasurer of the department shall be held and used only
for the accomplishment of the purposes of this article, and specifically for payment of the
cost of acquiring, by construction or otherwise, maintaining and operating, or any of them,
dock facilities along navigable streams and waterways now or hereafter existing within the
state, in aid of commerce and use of navigable waterways of the state. The cost of acquiring
any dock facilities that may be acquired with the proceeds of bonds issued under this article
shall be deemed to include, inter alia, (1) fees of engineers and attorneys and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/33-2-69.htm - 1K - Match Info - Similar pages
33-2-99
Section 33-2-99 Disposition of proceeds from sale of bonds. The proceeds from the sale of any
of the bonds (other than refunding bonds) shall be paid into the State Treasury and kept by
the State Treasurer in a separate account and paid over to the secretary-treasurer of the
department from time to time in such amounts as shall be directed by the Governor and the
money so paid over to the secretary-treasurer of the department shall be held and used only
for the accomplishment of the purposes of this article, and specifically for payment of the
cost of acquiring, by construction or otherwise, maintaining and operating, or any of them,
dock facilities along navigable streams and waterways now or hereafter existing within the
state, in aid of commerce and use of navigable waterways of the state. The cost of acquiring
any dock facilities that may be acquired with the proceeds of bonds issued under this article
shall be deemed to include, inter alia, (1) fees of engineers and attorneys and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/33-2-99.htm - 1K - Match Info - Similar pages
37-11A-1
Section 37-11A-1 Execution and text of compact. The Governor, on behalf of this state, shall
execute a compact, in substantially the following form, with the State of Mississippi, and
the Legislature approves and ratifies the compact in the form substantially as follows: Northeast
Mississippi - Northwest Alabama Railroad Authority Compact. The contracting states solemnly
agree: Article I. The purpose of this compact is to promote and develop trade, commerce, industry,
and employment opportunities for the public good and welfare in northeast Mississippi and
northwest Alabama through the establishment of a joint interstate authority to acquire certain
railroad properties and facilities which the operator thereof has notified the Interstate
Commerce Commission of an intention to abandon and which are located in any of Franklin, Marion,
or Winston Counties, Alabama or in Alcorn or Tishomingo Counties, Mississippi. Article II.
This compact shall become effective immediately as to the State...
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41-10-60
Section 41-10-60 Disposition of proceeds from sale of bonds and refunding bonds. (a) The authority
shall pay out of the proceeds from the sale of any of the bonds all expenses, including fees
of agents and attorneys and other charges, which said board of directors may deem necessary
or advantageous in connection with the issuance of the bonds. The proceeds of the bonds, other
than refunding bonds, remaining after paying the expenses of their issuance shall be turned
over to the State Treasurer and shall be carried by him in a special account to the credit
of the authority and shall be subject to be drawn on by the authority solely for the purposes
of acquiring real estate suitable for the purpose of the authority in Jefferson County, Alabama,
including all expenses reasonably necessary in connection with such acquisition, and erecting,
constructing and equipping on such real estate exhibition halls, buildings, warehouses, storage
facilities, parking areas and other structures and...
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