22-21-5
Section 22-21-5 Incorporation of public bodies created under chapter; powers of same. (a) Any public body heretofore or hereafter created and established by ordinance or resolution pursuant to this chapter may become a body corporate and politic under the name set forth in such ordinance or resolution by filing a certified copy of such ordinance or resolution with the Secretary of State, to be recorded in his office. The members of such public body shall constitute the members of the corporation until they are succeeded by other members as provided by said ordinance or resolution. Neither the members of the corporation nor its directors or officers shall be personally liable for the debts, torts or undertakings of the corporation. (b) The corporations provided for by this section shall have all the power and authority of health care authorities as provided for by Article 11 of this chapter; except, that such corporations shall not have or exercise any power which is inconsistent with...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-21-5.htm - 1K - Match Info - Similar pages
45-49-90.09
Section 45-49-90.09 Notice of bond resolution. (a) Upon the adoption by the board of directors of any resolution providing for the issuance of bonds, the corporation, in its discretion, may cause to be published once a week for two consecutive weeks, in a newspaper published in the county, a notice in substantially the following form, the blanks being properly filled in, at the end of which shall be printed the name and title of either the chair or secretary of the corporation: "___, a public corporation under the laws of the State of Alabama, on the ___ day of ___, authorized the issuance of $___ principal amount of revenue bonds of the corporation for purposes authorized in the act of the Legislature of Alabama under which the corporation was organized. Any action or proceeding questioning the validity of the bonds, the pledge, and mortgage to secure the same, any lease or sale of an industrial site to be financed by the bonds, or the proceedings...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-49-90.09.htm - 2K - Match Info - Similar pages
11-22-11
Section 11-22-11 Bond issues - Notice of authorization of issuance; contesting of validity. Upon the adoption by the board of directors of any resolution providing for the issuance of bonds, the corporation may, in its discretion, cause to be published once a week for two consecutive weeks, in a newspaper published in the county, a notice in substantially the following form (the blanks being properly filled in) at the end of which shall be printed the name and title of either the chairman or secretary of the corporation: "_____, a public corporation under the laws of the State of Alabama, on the ____ day of _____, authorized the issuance of $_____ principal amount of revenue bonds of the said corporation for purposes authorized in the act of the Legislature of Alabama under which the said corporation was organized. Any action or proceeding questioning the validity of the said bonds, or the pledge and mortgage or deed of trust to secure the same, or the proceedings authorizing the same,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-22-11.htm - 2K - Match Info - Similar pages
11-50-232
Section 11-50-232 Certificate of incorporation - Contents; amendment. (a) The certificate of incorporation of any corporation organized under this article shall state: (1) The name of the corporation, which shall be a name indicating the system or systems for operation of which the corporation is organized (e.g., "The Waterworks and Sewer Board of the City (or Town) of _____"); (2) The location of its principal office and the post office address thereof; (3) The period for the duration of the corporation (if the duration is to be perpetual, this fact should be stated); and (4) The objects for which the corporation is organized. The certificate of incorporation may also contain any provisions not contrary to law which the incorporators may choose to insert for the regulation and conduct of the affairs of the corporation. (b) Any corporation organized under this article may at any time amend its certificate of incorporation so as to provide for the operation of a system in addition to...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-50-232.htm - 2K - Match Info - Similar pages
9-10-3
Section 9-10-3 Procedure for incorporation. To become a corporation, members of the board of directors of the agency shall present to the Secretary of State an application signed by them which shall state: (1) The name, official designation and official residence of each of the applicants together with a certified copy of the resolution, order or commission evidencing his right to office; (2) The term of office of each of the applicants; (3) The name of the proposed corporation; (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 authorized by the laws of this state to take acknowledgments to deeds. If the Secretary of State, upon examination of the application presented to him, finds that it...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/9-10-3.htm - 2K - Match Info - Similar pages
11-20-40
Section 11-20-40 Bonds - Notice of resolution authorizing issuance of bonds; limitation period for actions, etc., as to validity of proceedings for issuance of bonds, etc. Upon the adoption by the board of directors of any resolution providing for the issuance of bonds, the corporation may, in its discretion, cause to be published once a week for two consecutive weeks, in a newspaper published in the county a notice in substantially the following form (the blanks being properly filled in) at the end of which shall be printed the name and title of either the chairman or secretary of the corporation: "_____, a public corporation under the laws of the State of Alabama, on the ___ day of _____, authorized the issuance of $_____ principal amount of revenue bonds of the said corporation for purposes authorized in the act of the Legislature of Alabama under which the said corporation was organized. Any action or proceeding questioning the validity of the said bonds, the pledge and mortgage to...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-20-40.htm - 2K - Match Info - Similar pages
5-7A-3
Section 5-7A-3 Certificate of proceedings to be forwarded to Superintendent of Banks. A certificate of all the proceedings, including a copy of the pertinent portion of the minutes of the meeting of the board of directors at which the resolution under Section 5-7A-2 was passed, the notice which was given to each stockholder and a copy of the minutes of the stockholders' meeting, shall be made and certified to by the president and cashier of the institution under the seal thereof and acknowledged before a notary public as deeds are required to be acknowledged by a corporation and forwarded to the superintendent for his certificate of approval. (Acts 1980, No. 80-658, ยง5-7-3.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/5-7A-3.htm - 989 bytes - Match Info - Similar pages
11-54B-12
Section 11-54B-12 Annual budget of district management corporation. (a) The officers of the district management corporation shall submit a detailed annual budget for approval by its board of directors including proposed expenditures and proposed sources of funding, including voluntary donations, and which explains how the budget contributes to goals and objectives for the business improvement district. (b) The budget shall be introduced, approved, amended, and adopted by resolution passed by not less than a majority of the full membership of the board of directors. The procedure shall be as follows: (1) Introduction and preliminary approval; (2) Public advertising; (3) Public hearing; (4) Amendments and public hearings, if required; and (5) Adoption. (c) No budget shall be adopted until a public hearing has been held thereon and all persons having an interest therein shall have been given an opportunity to present objections. (d) The board of directors may amend the budget during or...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-54B-12.htm - 2K - Match Info - Similar pages
41-10-53
Section 41-10-53 Authority and procedure for incorporation of authority; members, officers and directors of authority; reduction to writing, recordation and admissibility in evidence of proceedings of board of directors. (a) The Director of Finance, the Secretary of the Alabama Department of Commerce, the State Treasurer and the Executive Secretary to the Governor are hereby authorized to become a corporation, with the powers and authorities provided for in this article, by proceeding according to the provisions hereinafter outlined in this article. To become a corporation, the Director of Finance, the Secretary of the Alabama Department of Commerce, the State Treasurer and the Executive Secretary to the Governor 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...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-53.htm - 4K - Match Info - Similar pages
11-50-312
Section 11-50-312 Acknowledgment, filing and recordation of certificate of incorporation; amendment of certificate of corporation formed under this article or under Division 1 of Article 8 of this chapter. (a) The certificate of incorporation of any corporation organized under this article shall state: (1) The name of the corporation, which shall be a name indicating the system or systems for the operation of which the corporation is organized (e.g., "the waterworks and electric board of the City (or Town) of _____," or "the utilities board of the City (or Town) of _____"); (2) The location of its principal office and the post office address thereof; (3) The period for the duration of the corporation (if the duration is to be perpetual, this fact should be stated); and (4) The objects for which the corporation is organized. The certificate of incorporation may also contain any provisions not contrary to law which the incorporators may choose to insert for the regulation and conduct of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-50-312.htm - 3K - Match Info - Similar pages
|