Code of Alabama

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22-21-318
properties and assets to such persons, firms, partnerships, associations or corporations and
on such terms as the board deems to be appropriate, to charge and collect rent or other fees
or charges therefor and to terminate any such lease or other agreement upon the failure of
the lessee or other party thereto to comply with any of its obligations thereunder; (7) To
receive, acquire, take and hold (whether by purchase, gift, transfer, foreclosure, lease,
devise, option or otherwise) real and personal property of every description, or any
interest therein, and to manage, improve and dispose of the same by any form of legal conveyance
or transfer; provided however, that the authority shall not, without the prior approval of
the governing body of each authorizing subdivision, have the power to dispose of (i) substantially
all its assets, or (ii) any health care facilities the disposition of which would materially
and significantly reduce or impair the level of hospital or health care...
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27-61-1
functions. 5. CORPORATE RECORDS OF THE COMMISSION The Commission shall maintain its corporate
books and records in accordance with the Bylaws. 6. QUALIFIED IMMUNITY, DEFENSE, AND INDEMNIFICATION
a. The Members, officers, executive director, employees, and representatives of the Commission,
the Executive Committee, and any other Committee of the Commission shall be immune from suit
and liability, either personally or in their official capacity, for any claim for damage to
or loss of property or personal injury or other civil liability caused by or
arising out of any actual or alleged act, error, or omission that occurred, or that the person
against whom the claim is made had a reasonable basis for believing occurred within the scope
of Commission employment, duties, or responsibilities; provided that nothing in this paragraph
shall be construed to protect any such person from suit and/or liability for any damage, loss,
injury, or liability caused by the intentional or willful or wanton...
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41-10-64
Section 41-10-64 Special and continuing trust fund for payment of principal and interest on
bonds of authority and maintenance, etc., of facilities thereof. For the purpose of providing
funds for the payment of the costs and expenses necessary to accomplish the purpose of this
authority and for the payment of the principal of and interest on any bonds issued by the
authority under the provisions of this article, there is hereby created and irrevocably pledged
to the payment of such obligations a special and continuing trust fund which shall consist
of all revenues, receipts and income from rents contracted for and received by the authority
and all revenues, receipts and income received by the authority from any other source whatsoever.
There shall be created within said special and continuing trust fund a reserve fund account
of said authority in the State Treasury, in which shall be placed as a trust fund and held
separate and apart from all other moneys of the state or of the...
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11-81-181
Section 11-81-181 Pledge of revenues from systems for payment of principal and interest on
bonds; disposition of gross revenues from operation of system generally. (a) In the authorizing
proceedings the borrower shall pledge for payment of the principal and interest on bonds issued
under this article the revenues derived from operation of a system or systems of the borrower
out of which such bonds are made payable; provided, that the borrower may reserve the privilege
of using for any lawful purpose surplus revenues from such system or systems remaining after
compliance with the provisions of this section and any additional requirements contained,
as provided for in this article, in the authorizing proceedings or in a trust indenture. (b)
In the authorizing proceedings or in a trust indenture provided for therein, the borrower
shall agree to deposit the gross revenues from such system or systems daily, as received by
the borrower, into a "gross revenue account" and to apply the gross...
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11-50A-8
and of the parties thereto; (2) To adopt and alter a corporate seal; (3) To make and alter
at pleasure all needful bylaws, rules, and regulations for the transaction of its business
and the control of its property and affairs; (4) To have the same right of eminent domain
through condemnation conferred by Section 10-5-1, or any subsequent statute of similar import;
provided that nothing herein shall be construed to grant to the authority the power to acquire
by condemnation any real or personal property or right-of-way of any utility as the
term "utility" is defined in Section 37-4-1(7)a.; (5) To acquire in its own name
by purchase on such terms and conditions and in such manner as it may deem proper, or by exercise
of the power of eminent domain, or by gift, grant, lease, or otherwise, real property or rights
and easements therein and franchises and personal property necessary or convenient
for its corporate purposes; and to insure its property against any and all risks with...
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23-1-311
Section 23-1-311 Bonds and notes - Source of funds; pledge of funds for payment of principal
and interest thereon; negotiability. (a) The obligations authorized by this article shall
not be general obligations of the authority, but shall be payable solely out of the funds
appropriated and pledged in or permitted to be pledged pursuant to Sections 23-1-314 and 23-1-315.
(b) As security for the payment of the principal of and interest on the obligations issued
by it under this article, the authority is hereby authorized and empowered to pledge for payment
of the principal and interest the funds that are appropriated and pledged in or permitted
to be pledged pursuant to Sections 23-1-314 and 23-1-315 for payment of principal and interest,
and to pledge all of such funds or only certain of such funds for payment of principal and
interest, all within the discretion of the authority. (c) Any notes or temporary bonds issued
under this article shall also be payable from the proceeds of any...
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41-10-361
Section 41-10-361 Liability upon bonds of authority; authorization of authority to pledge for
payment of principal and interest of bonds; bonds deemed negotiable instruments. The bonds
shall not be general obligations of the authority but shall be payable solely out of the funds
appropriated and pledged therefor in Section 41-10-365 of this article. As security for the
payment of the principal of and interest on the bonds issued by it under this article, the
authority is hereby authorized and empowered to pledge for payment of the said principal and
interest the funds that are appropriated and pledged in Section 41-10-365 of this article
for payment of the said principal and interest. All such pledges made by the authority shall
take precedence in the order of the adoption of the resolutions containing such pledges. All
bonds issued by the authority pursuant to the provisions of this article shall be solely and
exclusively obligations of the authority and shall not be an obligation or...
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33-2-100
Section 33-2-100 Appropriation for payment of principal and interest on bonds. There is hereby
appropriated for the payment of the principal of and interest on any bonds issued hereunder,
under the 1957 Docks Act, or under the 1959 Docks Act or the 1961 Docks Act, so much as may
be necessary for that purpose of any moneys in the general fund of the state not otherwise
appropriated. (Acts 1963, No. 192, p. 573, §11.)...
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33-2-129
Section 33-2-129 Appropriation for payment of principal and interest on bonds. There is hereby
appropriated for the payment of the principal of and interest on any bonds issued hereunder,
or under the 1957 Docks Act, the 1959 Docks Act, the 1961 Docks Act, or the 1963 Docks Act,
so much as may be necessary for that purpose of any moneys in the general fund of the state
not otherwise appropriated. (Acts 1967, No. 268, p. 765, §10.)...
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33-2-159
Section 33-2-159 Appropriation for payment of principal and interest on bonds. There is hereby
appropriated for the payment of the principal of and interest on any bonds issued hereunder,
or under the 1957 Docks Act, the 1959 Docks Act, the 1961 Docks Act, the 1963 Docks Act, or
the 1967 Docks Act, so much as may be necessary for that purpose of any moneys in the general
fund of the state not otherwise appropriated. (Acts 1969, No. 472, p. 917, §10.)...
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