37-13-7
Section 37-13-7 Powers of authority generally. Each authority shall have the following powers, together with all powers incidental thereto or necessary to the discharge thereof in corporate form; (1) To have succession by its corporate name for the duration of time (which may be in perpetuity) specified in its certificate of incorporation; (2) To sue and be sued in its own name in civil suit and actions; (3) To adopt and make use of a corporate seal and to alter the same at pleasure; (4) To adopt and alter bylaws for the regulation and conduct of its affairs and business; (5) To acquire, receive, take and hold, whether by purchase, gift, lease, devise, or otherwise, property of every description, whether real, personal or mixed, whether in one or more counties and whether within or without the boundaries or corporate limits (as the case may be) of any authorizing subdivision, and to manage said property, and to develop any undeveloped property owned, leased or controlled by it in a...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/37-13-7.htm - 7K - Match Info - Similar pages
11-88-132
Section 11-88-132 Acquisition, etc., of water system of water and fire protection authority by city board of water and sewer commissioners - Conveyance of funds in trust for authority's fire protection system; governing board of authority as trustees; trustees' powers and liabilities. (a) In the event that the board of water and sewer commissioners of any city ("commissioners") should acquire, operate, or control by virtue of assignment, conveyance, court order, operation of law, or otherwise the water system of a water and fire protection authority ("authority"), then the commissioners shall thereupon convey to the authority the principal sum of $2,000,000 in irrevocable trust for the support and maintenance of the authority's fire protection system. (b) The trustees of the trust so established shall be the members of the governing board of the authority, as it may be comprised from time to time, who shall have all powers necessary to effect the support and maintenance of the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-88-132.htm - 6K - Match Info - Similar pages
11-89-7
Section 11-89-7 Powers of district generally; power of district to acquire, operate, etc., systems, etc., outside service area; provisions in schedules of rates and charges generally. (a) The district shall have the following powers, together with all powers incidental thereto or necessary to the discharge thereof in corporate form: (1) To have succession by its corporate name for the duration of time (which may be perpetuity, subject to the provisions of Section 11-89-17) specified in its certificate of incorporation; (2) To sue and be sued in its own name in civil actions, except as otherwise provided in this chapter, and to defend civil actions against it; (3) To adopt and make use of a corporate seal and to alter the same 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...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-89-7.htm - 11K - Match Info - Similar pages
11-57-8
Section 11-57-8 Powers - Generally. The authority shall have the following powers and capacities, among others specified in this chapter, together with all powers incidental thereto or necessary to the discharge thereof: (1) To have succession by its corporate name until dissolved as provided in this chapter; (2) To sue others and to prosecute civil actions; (3) To be sued by others in any form of litigation other than an action ex delicto and to defend any litigation brought against it; (4) To have and use a corporate seal and to alter the same at pleasure; (5) To adopt and alter bylaws for the regulation and conduct of its affairs and business; (6) To acquire, whether by purchase, gift, lease, devise, or otherwise, property of every description which the board may deem necessary or desirable to the acquisition, construction, reconstruction, improvement, enlargement, equipment, operation, or maintenance of a project and to hold title thereto; (7) To construct, enlarge, improve, equip,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-57-8.htm - 2K - Match Info - Similar pages
11-99B-7
Section 11-99B-7 Powers of district generally; power of district to acquire and operate projects; provisions in schedules of rates and charges generally. Each district shall have the following powers, together with all powers incidental thereto or necessary to the discharge thereof in corporate form: (1) To have succession by its corporate name for the duration of time, which may be in perpetuity, subject to the provisions of Section 11-99B-15, specified in its certificate of incorporation. (2) To sue and to be sued in its own name in civil actions, and to defend civil actions against it; provided, that the district shall be deemed to be a "governmental entity" as defined in Chapter 93 of this title, for the purposes of limiting the damages for which the district and its members may be liable. (3) To adopt and make use of a corporate seal and to alter the same at pleasure. (4) To adopt and alter bylaws for the regulation and conduct of its affairs and business. (5) To acquire, receive,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-99B-7.htm - 6K - Match Info - Similar pages
4-3-51
Section 4-3-51 Bonds - Issuance and sale generally; payment of principal and interest generally; form, denominations, terms, etc. The authority shall have the power and is hereby authorized at any time and from time to time to issue and sell its interest-bearing revenue bonds for any of its corporate purposes. The principal of and the interest on all such bonds shall be payable solely from, and may be secured by a pledge of, the revenues derived by the authority from the operation of any or all of its airports, heliports, facilities and other property. None of the bonds issued or contracts entered into by the authority shall ever constitute or create an obligation or debt of the state or of any county or municipality within the state, or a charge against the credit or taxing powers of the state or of any county or municipality within the state. Bonds of the authority may be issued at any time and from time to time, may be in such form and denominations, may be of such tenor, may be...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/4-3-51.htm - 3K - Match Info - Similar pages
41-10-54
Section 41-10-54 Powers of authority generally; acquisition by eminent domain of real property or rights owned by railroads or utilities not authorized. (a) The authority shall have the following powers: (1) To have succession by its corporate name until it is dissolved; (2) To adopt bylaws for the regulation of its affairs and the conduct of its business; (3) To adopt and use an official seal and alter the same at pleasure; (4) To maintain a principal office in Jefferson County, Alabama, and suboffices at such places within the state as it may designate; (5) 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; (6) To acquire by purchase, gift, condemnation or any other lawful means any real, personal or mixed property necessary or convenient in connection with the purpose for which the authority is formed and to hold title to such property, together with all rights incidental to its estate in such...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-54.htm - 5K - Match Info - Similar pages
41-10-750
Section 41-10-750 Legislative Findings and Purpose. (a) The Legislature finds and declares the following: (1) In recent years, withdrawals have been made from the Alabama Trust Fund and the General Fund Rainy Day Account of the Alabama Trust Fund for current budgetary purposes. The Constitution and laws of the State of Alabama require repayment of the withdrawals and the Legislature recognizes the need to restore those funds to their prescribed levels. (2) It is desirable and in the public interest to establish a public corporation of the State of Alabama with the power to issue bonds for the purpose of making transfers to and deposits in the Alabama Trust Fund and the General Fund Rainy Day Account of the Alabama Trust Fund, to provide additional funds to the Alabama Medicaid Agency, and for paying the costs of transportation projects, and to appropriate and pledge a portion of the revenues to be received by the state from the settlement of certain claims against BP Exploration and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-750.htm - 2K - Match Info - Similar pages
45-39A-11.04
Section 45-39A-11.04 Civic Center Authority - Construction, maintenance, etc., of civic center; powers. (a) The authority shall be authorized to construct, maintain, control, operate, and manage a civic center in the City of Florence. The authority shall be authorized to construct, maintain, control, operate, and manage all or any of the following to be situated in the civic center: Buildings to provide offices to be used by the State of Alabama or by any agency, subdivision, or public corporation thereof or by the county or by one or more municipalities thereof for any municipal purpose otherwise authorized by law and buildings to house or accommodate public facilities of the State of Alabama or of any agency, subdivision, or public corporation thereof or of the county or of any one or more of the municipalities for any municipal purpose otherwise authorized by law; streets, boulevards, walkways, parkways, and parks; monuments, statues, and other structures beautifying the civic...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-39A-11.04.htm - 5K - Match Info - Similar pages
11-89A-8
Section 11-89A-8 Powers of authority; location of facilities of authority. (a) Every authority 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 11-89A-21 specified in its certificate of incorporation); (2) To sue and be sued in its own name in civil suits and actions and to defend suit 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, maintain,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-89A-8.htm - 10K - Match Info - Similar pages
|