22-21-318
Section 22-21-318 Powers of authority. (a) In addition to all other powers granted elsewhere
in this article, and subject to the express provisions of its certificate of incorporation,
an 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 or until dissolved as provided in Section 22-21-339; (2) To sue and be
sued in its own name in civil suits and actions, and to defend suits and actions against it,
including suits and actions ex delicto and ex contractu, subject, however, to the provisions
of Chapter 93 of Title 11, which chapter is hereby made applicable to the authority; (3) To
adopt and make use of a corporate seal and to alter the same at pleasure; (4) To adopt, alter,
amend and repeal bylaws, regulations and rules, not inconsistent with the...
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45-46-90.08
Section 45-46-90.08 Bonds of the authority. (a) All bonds issued by the authority shall
be signed by the chair of its board, or other chief executive officer, and attested by its
secretary, and the seal of the authority shall be affixed thereto, and any interest coupons
applicable to the bonds of the authority shall be signed by the chair of its board, or other
chief executive officer; provided, that a facsimile of the signature of one, but not both,
of the officers may be printed or otherwise reproduced on any such bonds in lieu of his or
her manually signing the same, a facsimile of the seal of the authority may be printed or
otherwise reproduced on any such bonds in lieu of being manually affixed thereto, and a facsimile
of the signature of the chair of its board, or other chief executive officer, may be printed
or otherwise reproduced on any such interest coupons in lieu of his or her manually signing
the same. (b) Any such bonds may be executed and delivered by the authority at...
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9-6-9
Section 9-6-9 Bonds - Issuance; form, terms, denominations, etc.; sale; security for
payment generally. All bonds issued by the authority shall be signed by the chairman of its
board or other chief executive officer and attested by its secretary, and the seal of the
authority shall be affixed thereto and any interest coupons applicable to the bonds of the
authority shall be signed by the chairman of its board or other chief executive officer; provided,
that a facsimile signature of one, but not both, of said officers may be printed or otherwise
reproduced on any such bonds in lieu of his manually signing the same, and a facsimile of
the signature of the chairman of the board or other chief executive officer may be printed
or otherwise reproduced on any such interest coupons in lieu of his manually signing the same.
Any such bonds may be executed and delivered by the authority at any time and from time to
time, shall be in such form and denominations and of such tenor and maturities,...
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24-1-33
Section 24-1-33 Powers of authority to secure payment of bonds, etc. In connection with
the issuance of bonds or the incurring of any obligation under a lease and in order to secure
the payment of such bonds or obligations, the authority shall have power: (1) To pledge by
resolution, trust indenture, mortgage, subject to the limitations hereinafter imposed, or
other contract all or any part of its rents, fees or revenues. (2) To covenant against mortgaging
all or any part of its property, real or personal, then owned or thereafter acquired, or against
permitting or suffering any lien thereon. (3) To covenant with respect to limitations on its
right to sell, lease or otherwise dispose of any housing project, or any part thereof, or
with respect to limitations on its right to undertake additional housing projects. (4) To
covenant against pledging all or any part of its rents, fees and revenues to which its right
then exists, or the right to which may thereafter come into existence, or...
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24-1-72
Section 24-1-72 Powers of authority to secure payment of bonds, etc. In connection with
the issuance of bonds or the incurring of any obligation under a lease and in order to secure
the payment of such bonds or obligations, the authority shall have power: (1) To pledge by
resolution, trust indenture, mortgage, subject to the limitations hereinafter imposed, or
other contract all or any part of its rents, fees, or revenues. (2) To covenant against mortgaging
all or any part of its property, real or personal, then owned or thereafter acquired, or against
permitting or suffering any lien thereon. (3) To covenant with respect to limitations on its
right to sell, lease, or otherwise dispose of any housing project, or any part thereof, or
with respect to limitations on its right to undertake additional housing projects. (4) To
covenant against pledging all or any part of its rents, fees, and revenues to which its right
then exists, or the right to which may thereafter come into existence, or...
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23-1-157
Section 23-1-157 Bonds - Generally. (a) The bonds of the corporation shall be signed
by its president or vice president and attested by its secretary; provided, that a facsimile
of the signature of the officers may be imprinted or otherwise reproduced on any such bonds
in lieu of his or her signing the same. The seal of the corporation shall be affixed to such
bonds; provided, that a facsimile of the seal may be imprinted or otherwise reproduced on
any such bonds in lieu of being manually affixed thereon. (b) Any bonds of the corporation
may be executed and delivered at any time and from time to time, shall be in such form and
denominations and of such tenor and maturities, shall bear such rate or rates of interest
payable and evidenced in such manner, may contain provisions for redemption prior to maturity
and may contain other provisions not inconsistent with this article, all as may be provided
by the resolution of the board of directors whereunder such bonds are authorized to be...

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11-54A-9
Section 11-54A-9 Powers of authority; all projects to be in development area. (a) The
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 perpetuity, subject to Section 11-54A-20,
specified in its certificate of incorporation. (2) To sue and be sued in its own name and
to prosecute and defend civil actions in any court having jurisdiction of the subject matter
and of the parties. (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, whether by purchase, construction, exchange, gift, lease, or otherwise
and to refinance existing indebtedness on, improve, maintain, equip, and furnish one or more
projects, including all real and personal properties which the board of the authority may...

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11-62-7
Section 11-62-7 Powers of authority generally; operation of facilities by 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
11-62-17) 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, and to expand, improve, maintain, equip, and...
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16-17-10
Section 16-17-10 Bonds of authority. (a) All bonds issued by the authority shall be
signed by its chairman and attested by its secretary, and the seal of the authority shall
be affixed thereto, and any interest coupons applicable to the bonds of the authority shall
be signed by the said chairman; provided, that a facsimile of the signature of one, but not
both, of said officers may be printed or otherwise reproduced on any such bonds in lieu of
his manually signing the same, a facsimile of the seal of the authority may be printed or
otherwise reproduced on any such bonds in lieu of being manually affixed thereto and a facsimile
of the signature of the chairman of the authority may be printed or otherwise reproduced on
any such interest coupons in lieu of his manually signing the same. (b) Any such bonds may
be executed and delivered by the authority at any time and from time to time, shall be in
such form and denominations and of such tenor and maturities, shall contain such provisions...

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24-1-22
Section 24-1-22 Definitions. The following terms, wherever used or referred to in this
article, shall have the following respective meanings, unless a different meaning clearly
appears from the context: (1) AUTHORITY or HOUSING AUTHORITY. A public body organized as a
body corporate and politic in accordance with the provisions of this article for the purposes,
with the powers and subject to the restrictions set forth. (2) CITY. Any city or incorporated
town in the State of Alabama. (3) COUNCIL. The legislative body, council, board of commissioners
or other body charged with governing the city. (4) CITY CLERK and MAYOR. The clerk, and the
mayor or president of the board of commissioners, respectively, of the city or the officers
thereof charged with the duties customarily imposed on the clerk and mayor respectively. (5)
COMMISSIONER. One of the members of an authority appointed in accordance with the provisions
of this article. (6) GOVERNMENT. Such term shall include the state and...
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