Code of Alabama

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8-8-7
Section 8-8-7 Maximum rates of interest - Exemption of bonds, notes, etc., of state,
instrumentalities, localities, etc. Any bonds, notes, warrants, other evidences of indebtedness,
or securities issued by the State of Alabama or any department, agency, or instrumentality
thereof, by any not-for-profit public or private corporation at any time organized or created
pursuant to act of the Legislature or executive order of the Governor for the purpose of acting
as an instrumentality of the State of Alabama or otherwise acting in the public interest and
by any board of water and sewer commissioners created under the provisions of Article 10,
Chapter 50, Title 11, and authorized to issue bonds under Section 11-50-345 by any
municipality, by any county, by any public corporation heretofore or hereafter organized or
created in the State of Alabama pursuant to authorization, determination, finding, or other
action of any municipality or municipalities or county or counties or the governing...
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11-101A-6
Section 11-101A-6 Board of directors. (a) Each corporation shall be governed by a board
of directors composed of the number of directors provided in the certificate of incorporation
as most recently amended. Unless provided to the contrary in its certificate of incorporation,
all powers of the authority shall be exercised by the board or pursuant to this authorization.
Subject to the provisions of subdivision (8) of subsection (b) of Section 11-101A-4,
the board shall consist of directors having those qualifications, being elected or appointed
by that person or persons, including, without limitation, the board itself, one or more authorizing
subdivisions, or other counties and municipalities, and other entities or organizations and
in the manner, and serving for the terms of office, all as shall be specified in the certificate
of incorporation of the authority. Notwithstanding the foregoing, no fewer than a majority
of the directors shall be elected by the governing body or bodies of...
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25-14-4
Section 25-14-4 Construction of provisions; scope of business; taxation; competitive
bidding; employment information provided by professional employer organization. (a) Neither
this chapter nor a professional employer agreement may affect, modify, or amend any collective
bargaining agreement, or the rights or obligations of any client, professional employer organization,
or covered employee under the federal National Labor Relations Act, or any other similar law.
(b) Neither this chapter nor a professional employer agreement may affect, modify, or amend
any state, local, or federal licensing, registration, or certification requirement applicable
to any professional employer organization, client, or covered employee. (c) A covered employee
who is required to be licensed, registered, or certified according to law or regulation is
solely an employee of the client for purposes of the license, registration, or certification
requirement. (d) A professional employer organization does not...
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33-15-7
Section 33-15-7 Rates, fees and charges; user permits. (a) Rates, fees and charges for
services rendered by the authority from any of its facilities shall be fixed and from time
to time revised by the authority; provided, that such rates, fees and charges shall be so
fixed as at all times to provide funds at least sufficient: (1) To pay the cost of operating,
maintaining, repairing, replacing, extending and improving the facilities and other property
from which such services are rendered; (2) To pay the principal of and the interest on all
bonds issued and obligations assumed by the authority that are payable out of the revenues
derived from the operation of those facilities as the said principal and interest become due
and payable; (3) To create and maintain such reserves for the foregoing purposes or any of
them as may be provided in any mortgage and deed of trust or trust indenture executed by the
authority hereunder or in any resolutions of the board of directors authorizing the...
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41-14A-2
Section 41-14A-2 Definitions. As used in this chapter, the following words and terms
shall have the following meanings: (1) AVERAGE MONTHLY BALANCE OF PUBLIC DEPOSITS. The sum
of the average daily balances of public deposits, meaning the net average daily balances of
public deposits determined without any deduction for deposit insurance, for the reported month
and the 11 months preceding that month, divided by 12. (2) BOARD OF DIRECTORS or BOARD. The
Board of Directors of the SAFE Program established under Section 41-14A-6. The board
of directors shall consist of eight members. (3) COLLATERAL-PLEDGING LEVEL or COLLATERAL-PLEDGING
REQUIREMENT. The percentage or percentages of collateral, in relation to one or more levels
of public deposits held, required to be pledged by a qualified public depository as determined
in accordance with the provisions of this chapter or rules or orders of the board adopted
pursuant to this chapter. (4) COVERED PUBLIC ENTITY. The state and its political...
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41-16-27
Section 41-16-27 Manner of awarding contracts; records; exemptions. (a) When purchases
are required to be made through competitive bidding, award shall, except as provided in subsection
(f), be made to the lowest responsible bidder taking into consideration the qualities of the
commodities proposed to be supplied, their conformity with specifications, the purposes for
which required, the terms of delivery, transportation charges, and the dates of delivery,
provided, that the awarding authority may at any time within 30 days after the bids are opened
negotiate and award the contract to anyone, provided he or she secures a price at least five
percent under the low acceptable bid. The award of such a negotiated contract shall be subject
to approval by the Director of Finance and the Governor, except in cases where the awarding
authority is a two-year or four-year college or university governed by a board. The awarding
authority or requisitioning agency shall have the right to reject any...
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45-17-91.23
Section 45-17-91.23 Creation of Shoals Economic Development Fund; purposes for which
moneys in such fund may be expended. (a) There is created the Shoals Economic Development
Fund, which shall be a special or trust fund or account of the committee, and which shall
be administered in accordance with this subpart. (b)(1) The authority may, at any time and
from time to time, request that the committee authorize and approve the expenditure or appropriation
of moneys on deposit in the Shoals Economic Development Fund, but solely for purposes authorized
in subsection (c). Any such request may specify that such moneys shall be expended by, or
appropriated directly or indirectly to, any of the following: a. The authority itself. b.
Either of the counties, or any city or town located, in whole or in part, in either of the
counties. c. Any public corporation that has been organized with the approval or consent of
any one or more of the counties, the municipalities, or any other city or town in...
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45-30-250.05
Section 45-30-250.05 Powers of authority. (a) The authority shall have the following
corporate powers, and all incidental or necessary powers thereto, either separately or in
combination with any other system, service, or facility referred to in this section:
(1) To have succession by its corporate name for the duration of time 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 act, 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, or take, by purchase,
gift, lease, devise, or otherwise, and to hold property of every description, real, personal,
or mixed, whether located in one or more counties and whether located within or outside the
service area. (6) To make, enter into, and execute contracts, agreements,...
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11-89C-9
Section 11-89C-9 Powers of governing bodies. (a) A governing body shall proceed under
this chapter as a participant in the public corporation or individually, to adopt upon reasonable
public notice and following public hearing all necessary rules and regulations by resolution
or ordinance to implement this chapter and to specifically regulate and control storm water
discharges and eliminate the discharge of pollutants to its municipal separate storm sewers.
Provided, however, that all discharges originating from any lands or facilities owned or operated
by one or more entities under the jurisdiction and supervision of the Alabama Public Service
Commission are exempted from regulation under any local storm water management program and
shall be regulated exclusively by ADEM. Further, any commission non-jurisdictional electric
supplier, as defined by Section 37-4-140, whose service area extends beyond the boundaries
of a single municipal or county jurisdiction shall be exempted from the...
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22-21-316
Section 22-21-316 Board of directors; qualifications; election or appointment; terms;
vacancies; reimbursement for expenses; quorum; regular, special and called meetings; waiver
of notice; record of proceedings; use as evidence; removal from office. (a) Each authority
shall have a board of directors composed of the number of directors provided in the certificate
of incorporation, as most recently amended. Unless provided to the contrary in its certificate
of incorporation, all powers of the authority shall be exercised, and the authority shall
be governed, by the board or pursuant to its authorization. Subject to the provisions of subdivision
(9) of subsection (b) of Section 22-21-314, the board shall consist of directors having
such qualifications, being elected or appointed by such person or persons (including, without
limitation, the board itself, the governing body or bodies of one or more authorizing subdivisions
or other counties and municipalities, and other entities or...
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