9-10A-12
Section 9-10A-12 Officers of board; treasurer to execute bond; quorum; notice of meetings;
position vacated due to absences; records. (a) The board of directors of the watershed management
authority shall annually elect from its membership a chairman, secretary and treasurer. The
treasurer shall execute an official bond for the faithful performance of the duties of his
office to be approved by the board of directors, except that no bond shall be required until
such time as the authority possesses funds. Such bond shall be executed with at least three
solvent personal sureties whose solvency must exceed the amount of the bond or by a surety
company authorized to do business in this state and shall be in an amount determined by the
board of directors. If the treasurer is required to execute a surety company bond, the premium
on the bond shall be paid by the watershed management authority. (b) A majority of the board
of directors shall constitute a quorum, and the concurrence of a...
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22-3A-6
Section 22-3A-6 Members; officers; terms; records; meetings; appointment of Governor's designee.
(a) The applicants named in the application and their respective successors in office shall
constitute the members of the authority. The State Health Officer shall be the president of
the authority, the Governor or his designee shall serve as vice-president of the authority,
the Director of Finance of the state shall serve as secretary of the authority, and the State
Treasurer shall be the treasurer of the authority. The State Treasurer shall act as custodian
of the funds of the authority and shall pay the principal of and the interest and premium
(if any) on the bonds of the authority out of the funds hereinafter provided for. The State
Treasurer shall act as paying agent with respect to any series of bonds issued under this
chapter. (b) The service of each of the Governor, the State Health Officer, the Director of
Finance and the State Treasurer as a member of the authority and as an...
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11-20-71
Section 11-20-71 Board of directors; officers; proceedings; qualifications of directors. (a)
The board of directors of an agriculture authority shall be as specified in the articles and
in accordance with Section 11-20-70. (b) Each agriculture authority shall have a chair, vice
chair, secretary, and treasurer to be elected by the board of directors. The offices of secretary
and treasurer may, but need not, be held by the same person. A majority of the directors shall
constitute a quorum for the transaction of business. The officers and directors shall serve
for the terms provided for in the articles. A director may not draw any salary for any service
rendered or for any duty performed as director. The duties of the chair, vice chair, secretary,
and treasurer shall be those as are customarily performed by such officers and as may be prescribed
by the board of directors from time to time. (c) All directors shall serve until their successors
are duly appointed or until they cease to be...
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11-54A-8
Section 11-54A-8 Officers of authority. The officers of the authority shall consist of a chairman,
vice chairman, secretary, treasurer, and such other officers as its board shall deem necessary
or appropriate. The offices of secretary and treasurer may, but need not, be held by the same
person. The chairman and vice chairman of the authority shall be elected by the board from
the membership thereof; the secretary, the treasurer, and any other officers of the authority
may, but need not, be members of the board and shall also be elected by the board. The chairman,
vice chairman, secretary, and treasurer of the authority shall also be the chairman, vice
chairman, secretary, and treasurer of the board, respectively. Prior to receipt by the authority
of any tax revenues from the city, any county, state, or federal governments, the treasurer
of the authority shall provide evidence to the governmental entity from which the funds are
to be received of procurement of a fidelity bond in an...
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16-18B-11
Section 16-18B-11 Alabama Forensic Sciences Bond Fund. The proceeds derived from the sale of
each series of the bonds issued pursuant to this article other than refunding bonds shall
be paid into the State Treasury upon receipt thereof, and the State Treasurer shall keep such
proceeds, as well as all income received from the investment and reinvestment of such proceeds
(including income derived from the investment and reinvestment of previously derived income),
in a special fund in the State Treasury, designated "The Alabama Forensic Sciences Bond
Fund," pending the expenditure of such proceeds and income for the purposes hereinafter
authorized and as required by said amendment. All proceeds so deposited in the State Treasury
shall be continuously invested by the State Treasurer in permitted investments, and as and
when income from the investment of such proceeds is received, such income shall be kept continuously
invested in the same manner as such proceeds. The State Treasurer,...
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2-6-72
Section 2-6-72 Authority and procedure for incorporation. The Governor, the Commissioner of
Agriculture and Industries and the Director of Finance may incorporate and organize a public
corporation with the powers and authority provided in this article by proceeding according
to the provisions of this article. They are authorized to present to the Secretary of State
an application for the organization of a corporation which shall be signed by them and shall
set forth: (1) The names, official designations and official residences of the applicants,
together with a certified copy of each of the commissions evidencing their respective rights
to office; (2) The date or dates on which they were respectively inducted into office and
the terms of their respective offices; (3) The name of the proposed corporation (which shall
be Alabama Agricultural Markets and Coliseum Corporation, if such name is available for use
by the corporation, but if not available, then some other name that is available...
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24-9-5
Section 24-9-5 Alabama Land Bank Authority Board. (a) There is created the Alabama Land Bank
Authority Board which shall govern the authority to administer and enforce this chapter. (b)
The board shall consist of the following members: (1) Four residents of the state appointed
by the Governor. (2) Two representatives from nonprofit organizations engaged in low-income
housing appointed by the Governor. (3) The Presiding Officer of the Senate or his or her designee.
(4) The Speaker of the House of Representatives or his or her designee. (5) The Chair of the
Senate Finance and Taxation General Fund Committee or his or her designee. (6) The Chair of
the House Ways and Means General Fund Committee or his or her designee. (7) The State Revenue
Commissioner or his or her designee. (8) The Superintendent of the State Banking Department
or his or her designee. (9) The Director of the Alabama Department of Economic and Community
Affairs or his or her designee. (10) The Secretary of the Alabama...
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41-29-505
Section 41-29-505 Deposit and investment of and disbursements from bond proceeds. (a) The proceeds
of all bonds, other than refunding bonds, issued by the authority remaining after paying expenses
of their issuance, shall be deposited in the state treasury and shall be carried in the state
treasury in a special or separate account or accounts. Such funds shall be subject to be drawn
upon by the authority, but any funds so withdrawn shall be used solely for the purposes for
which the bonds were issued as authorized in this article. (b) The state treasurer, with the
approval of the secretary of the authority, shall invest funds not needed by the authority
within the ensuing thirty days for any purpose for which they are held, which investments
shall be made in the manner authorized and provided for in Section 36-17-18. The state treasurer
and the authority may apply so much as may be necessary from the earnings on said investments
toward satisfaction of the arbitrage rebate requirements...
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16-16-6
Section 16-16-6 Members, officers and directors; quorum for transacting business; effect of
death, resignation or expiration of term; salary; record of proceedings; copies of proceedings
as evidence. The applicants named in the application and their respective successors in office
shall constitute the members of the authority. The Governor shall be the president of the
authority, the State Superintendent of Education shall be the vice-president thereof and the
Director of Finance shall be the secretary thereof. The State Treasurer shall be treasurer
thereof, shall act as custodian of its funds and shall pay the principal of and interest on
the bonds of the authority out of the funds hereinafter provided for. The members of the authority
shall constitute all the members of the board of directors of the authority, and any two members
of the said board of directors shall constitute a quorum for the transaction of business.
Should any person holding any state office named in this section...
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16-60-84
Section 16-60-84 Manner of incorporation. To become a corporation, the Governor, the Director
of Finance and the State Superintendent of Education shall present to the Secretary of State
of Alabama an application signed by them which shall set forth: (1) The name, official designation
and official residence of each of the applicants, together with a certified copy of the commission
evidencing each applicant's right to office; (2) The date on which each applicant was inducted
into office and the term of office of each applicant; (3) The name of the proposed corporation,
which shall be the Alabama Trade School and Junior College Authority; (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...
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