45-23A-91.08
Section 45-23A-91.08 Powers of the authority. (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 45-23A-91.19) 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 deem necessary in connection...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-23A-91.08.htm - 9K - Match Info - Similar pages

45-41A-10.08
Section 45-41A-10.08 Powers of authority. (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 45-41A-10.19) 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 deem necessary in connection...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-41A-10.08.htm - 9K - Match Info - Similar pages

45-41A-40.08
Section 45-41A-40.08 Powers of the authority. (a) The authority shall have all of 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 45-41A-40.19, 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 deem necessary in...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-41A-40.08.htm - 8K - Match Info - Similar pages

45-27A-31.08
Section 45-27A-31.08 Powers of authority. The authority shall have all of 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 45-27A-31.19, 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 deem necessary in connection...
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45-8A-111.08
Section 45-8A-111.08 Powers of authority. (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 45-8A-111.19) 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 deem necessary in connection...
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45-8A-20.08
Section 45-8A-20.08 Powers of authority. (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 the provisions of Section 45-8A-20.19) 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 deem necessary in...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-8A-20.08.htm - 7K - Match Info - Similar pages

11-92C-8
Section 11-92C-8 Powers of authority. (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
in perpetuity, subject to Section 11-92C-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; provided that the authority
shall be deemed to be a governmental entity as defined in Chapter 93 of this title for the
purpose of limiting the damages for which the authority may be liable. (3) To adopt and make
use of a corporate seal and to alter the seal at its 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...
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41-10-44.3
Section 41-10-44.3 Additional powers of authority. In addition to the powers granted
to it in Section 41-10-26 and in Sections 41-10-37 through 41-10-43, the authority
shall have the following powers: (1) To adopt and alter bylaws for the regulation and conduct
of its affairs and business; (2) To borrow money and to issue project obligations, whether
or not the interest thereon is excluded from gross income for federal income tax purposes,
for the purpose of financing project costs, and to provide for the rights of the purchasers,
holders or owners of its project obligations; (3) To execute and deliver mortgages, security
agreements and trust indentures and other forms of agreements for the purpose of securing
its project obligations, and in connection therewith, to mortgage, pledge or assign the revenues,
receipts and other property of the authority received, and the financing agreements entered
into by the authority in connection with, the financing of projects under this Article 2A;...

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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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11-92B-10
Section 11-92B-10 Powers and duties of authority. An authority shall have the following
powers and duties together with all powers and duties incidental thereto or necessary to the
discharge thereof: (1) To sue or be sued and to prosecute and defend in any court of competent
jurisdiction. (2) To adopt and to use a corporate seal and to alter the seal at pleasure.
(3) To adopt and alter bylaws for the regulation and conduct of its affairs and business.
(4) With respect to property within the operational area of the authority, to acquire, receive,
and take title to by purchase, gift, lease, devise, or otherwise, to hold, keep, improve,
maintain, and impose restrictive covenants and land use controls, to engage in environmental
remediation and restoration efforts as required under applicable agreements with the United
States Department of Defense, to equip, furnish, develop, and to transfer, convey, donate,
sell, lease, grant options to, assign, encumber with easements and mortgages and...
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