11-50-416
Section 11-50-416 Purpose of article; proceedings, notices, etc., required by article for incorporation,
etc., exclusive; exemption of districts from jurisdiction and regulation of state public service
commission. (a) This article is intended to aid the state in the execution of its duties by
providing appropriate and independent instrumentalities of the state with full and adequate
powers to fulfill their functions. (b) Except as in this article expressly otherwise provided,
no proceeding, notice or approval shall be required for the incorporation of any gas district
or the amendment of its articles of incorporation, the acquisition of any property or system
or systems or the making of any loans or the issuance of any bonds or instruments in evidence
thereof or as security therefor, any other law to the contrary notwithstanding. (c) Every
district incorporated under this article and every gas system of such district and the rates
and charges thereof shall be exempt from all...
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22-3A-7
Section 22-3A-7 Powers of authority. The authority shall have the following powers among others
specified in this chapter: (1) To have succession by its corporate name until dissolved as
provided in this chapter; (2) To sue and be sued and to prosecute and defend, at law or in
equity, in any court having jurisdiction of the subject matter and of the parties thereto;
(3) To have and to use a corporate seal and to alter the same at pleasure; (4) To make and
alter all needful bylaws, rules and regulations for the transaction of the authority's business
and the control of its property and affairs; (5) To provide for the acquisition, construction,
installation, equipping, operation and maintenance of public health facilities, including
the equipping and improvement of existing public health facilities, and to vest title to such
facilities or to cause or permit title to such facilities to be vested in the authority, the
State Board of Health or county board(s) of health, as the directors...
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33-10-24
Section 33-10-24 Issuance of bonds. The commission is granted the power to incur debt and issue
bonds by any of the means authorized by the Constitution and laws of the State of Alabama.
Any revenue-producing wharf, dock, warehouse, elevator, industrial facility or other structure
owned by or to be acquired by the commission from proceeds of bonds issued by it is hereby
declared to be a revenue-producing public utility as that term is used and defined by the
Constitution and laws of the state in connection with the issuance of revenue bonds of political
subdivisions of the state. As an additional grant of authority beyond other provisions of
the Constitution, the commission is authorized to issue negotiable bonds for any purpose within
their delegated authority, and to pledge for the payment of the principal and interest of
such negotiable bonds the income and revenues derived or to be derived from the properties
and facilities maintained and operated by them or received by the...
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41-10-755
Section 41-10-755 Bonds of the authority. (a) General. The authority is authorized from time
to time to sell and issue its bonds for the purpose of providing funds to be transferred to
and deposited in the Alabama Trust Fund and the Rainy Day Account, to provide additional funds
to the Alabama Medicaid Agency, for paying the costs of transportation projects, and for the
purpose of refunding any or all of the authority's outstanding bonds. (b) Sources of payment.
Bonds issued by the authority shall be solely and exclusively an obligation of the authority
and shall not create an obligation or debt of the state. Such bonds shall not be general obligations
of the authority but shall be payable solely from one or more of the following sources: (1)
Appropriated funds. (2) The income or proceeds realized by the authority under any mortgage
or security granted to the authority. (3) Amounts derived from any letter of credit, insurance
policy, or other form of credit enhancement applicable to...
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45-37A-56.33
Section 45-37A-56.33 Bonds of the authority. 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 parking facilities and other property, or
by mortgage of any property of the authority. 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, city, or town within the state, or a charge against the credit or taxing
powers of the state, or of any county, city, or town 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 payable in such installments and at such time or...
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45-46-90.07
Section 45-46-90.07 Charges for use of authority facilities. Docking fees, toll fees, rents,
and other charges for the use of the port, docks, and related facilities owned or operated
by the authority shall be so fixed and from time to time revised as at all times to provide
funds at least sufficient to do all of the following: (1) Pay the cost of operating, maintaining,
repairing, replacing, extending, and improving such facilities. (2) 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 operation of such facilities as the principal and interest
become due and payable. (3) Create and maintain such reserve 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 authorizing the issuance of
bonds, the assumption of any obligation, or the acquisition of any such...
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45-47-250
Section 45-47-250 Definitions. When used in this article, the following words and phrases shall
have the following meanings, respectively, unless the context clearly indicates otherwise:
(1) AUTHORITY. The Marion County Public Water Authority, a public corporation organized pursuant
to this article. (2) BOARD. The Board of Directors of the Marion County Public Water Authority.
(3) BONDS. Bonds, notes, and certificates representing an obligation to pay money. (4) CONCISE
LEGAL DESCRIPTION. A reasonably concise description of a particular geographic area which
may be by metes and bounds or by reference to government surveys, recorded maps and plats,
municipal, county, or state boundary lines, well-defined landmarks and other monuments, or
any combination of the foregoing. (5) COUNTY. Marion County. (6) DIRECTOR. A member of the
Board of Directors of the Marion County Public Water Authority. (7) FIRE PROTECTION SERVICE.
All services involved in protecting property and life from fires...
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11-54-171
Section 11-54-171 Definitions. The following words and phrases used in this article shall,
in the absence of clear implication otherwise, be given the following interpretations: (1)
APPLICANT. A person who files a written application with the governing body of any municipality
in accordance with Section 11-54-173. (2) AUTHORITY. A public corporation organized pursuant
to this article. (3) AUTHORIZING MUNICIPALITY. Any municipality the governing body of which
shall have adopted an authorizing resolution. (4) AUTHORIZING RESOLUTION. A resolution adopted
by the governing body of any municipality in accordance with Section 11-54-173, that authorizes
the incorporation of an authority. (5) BOARD. The board of directors of an authority. (6)
BONDS. Includes bonds, notes, and certificates representing an obligation to pay money. (7)
COUNTY. Any county in the state. (8) DIRECTOR. A member of the board of an authority. (9)
GOVERNING BODY. With respect to a municipality, its city or town council,...
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11-92A-1
Section 11-92A-1 Definitions. When used in this chapter, the following terms shall have the
following meanings, respectively, unless the context clearly indicates otherwise: (1) ARTICLES.
The articles of incorporation or articles of reincorporation of an authority. (2) AUTHORITY.
A public corporation incorporated and reincorporated pursuant to the provisions of this chapter.
(3) AUTHORIZED OPERATIONAL AREA. The county or counties in which the authority has been or
is proposed to be authorized to operate, as designated in its articles of incorporation in
accordance with the provisions of this chapter. If an authority does not designate an authorized
operational area, then such authority's authorized operational area shall be deemed for all
purposes to be solely the county of incorporation of the authority. (4) BOARD OF DIRECTORS.
The board of directors of an authority. (5) BOND OR BONDS. A bond or bonds issued under the
provisions of this chapter. (6) COUNTY OF INCORPORATION. The county...
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11-94-1
Section 11-94-1 Definitions. Whenever used in this chapter, unless the context plainly indicates
otherwise, the present term shall include the future term, the singular shall include the
plural, the plural shall include the singular, the masculine shall include the feminine, and
the following words and phrases shall have the following meanings respectively ascribed to
them by this section: (1) AUTHORITY. A nonprofit public corporation organized pursuant to
the provisions of this chapter. (2) AUTHORIZING SUBDIVISION. Any county or municipality to
which application has been made for authority to incorporate an authority under this chapter.
(3) BOARD. The board of directors of an authority. (4) DIRECTOR. A member of the board of
directors of an authority. (5) COUNTY. Any county in this state that abuts on a navigable
river or through which a navigable river runs. (6) GOVERNING BODY. With respect to a county,
the county commission and, with respect to a municipality, the council,...
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