41-10-355
Section 41-10-355 Members of authority; officers; payment of bonds of authority; quorum; vacancies;
compensation; record of proceedings and use thereof as evidence; meetings. 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 commissioner shall
be the vice-president thereof, and the Director of Finance shall be the secretary thereof.
The State Treasurer shall be treasurer of the authority, shall act as custodian of the funds
of the authority, and shall pay the principal of and interest on the bonds of the authority
out of the funds hereinafter provided for; provided, that the State Treasurer may designate
one or more banks either within or without the state as the paying agent with respect to any
series of bonds issued under this article. The members of the authority shall constitute all
the members of the board of directors of the authority, and the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-355.htm - 2K - Match Info - Similar pages

45-2-243.23
Section 45-2-243.23 Board of directors - Powers and duties. (a) The power of the bureau shall
be vested in and exercised by the board of directors pursuant to this subpart. (b) The board
shall employ agents, employees, officers, consultants, attorneys, and secure services and
assistance the board deems necessary to enable it to conduct and engage in the activities
and purposes for which this bureau is created. (c) The board may delegate to one or more of
its members, employees, agents, or officers, the duties it deems proper. (d) The board shall
elect a chair, a vice chair of the board who shall serve as chair in the event of the absence
of the chair, a treasurer, and a secretary. One person may serve as treasurer and secretary.
The treasurer and secretary may, but need not be, a member of the board. (e) The board shall
provide by resolution for the dates on which the chair, vice chair, treasurer, and secretary
shall be elected, which resolution shall also specify the term or period...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-2-243.23.htm - 2K - Match Info - Similar pages

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...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-3A-6.htm - 4K - Match Info - Similar pages

41-10-269
Section 41-10-269 Execution of bonds. All bonds of the authority shall be signed by its chairman
or vice chairman, and the seal of the authority shall be affixed thereto and attested by its
secretary or assistant secretary. The signatures of the chairman, vice chairman, secretary
and assistant secretary may be facsimile signatures and a facsimile of the seal of the authority
may be imprinted on the bonds if the board of directors, in its proceedings with respect to
issuance of such bonds, provides for manual authentication of such bonds by a trustee or paying
agent or by named individuals who are employees of the state and who are assigned to the Department
of Finance or office of the State Treasurer. Delivery of bonds so executed shall be valid
notwithstanding any changes in officers or in the seal of the authority after the signing
and sealing of such bonds. (Acts 1986, No. 86-420, p. 627, §10.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-269.htm - 1K - Match Info - Similar pages

45-30-250.04
Section 45-30-250.04 Board of directors. (a) The authority shall be governed by a board of
directors. All powers of the authority shall be exercised by the board or pursuant to its
authorization. (b) The initial board of directors shall consist of the three citizens appointed
to incorporate the authority and six other directors to be appointed as follows: (1) In addition
to the appointment of one of the incorporators who shall serve an initial term of three years,
the Franklin County Commission shall appoint one additional director who shall serve an initial
term of three years. (2) The county highway engineer shall serve as a perpetual member on
the board of directors. (3) With each incorporated municipality, regardless of size, having
one vote in the selection, the elected mayors of all incorporated municipalities in Franklin
County, as a group, shall appoint one director who shall serve an initial term of two years.
(4) The chairs of the existing water authorities in Franklin County...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-30-250.04.htm - 3K - Match Info - Similar pages

45-14-91.01
Section 45-14-91.01 Clay County Industrial Development Council - Powers and duties; headquarters;
bylaws; retirement system. (a) The council may select a formal name for the council. The council
shall have the authority to negotiate for the county on all industrial and economic development
matters. The council shall formulate and implement plans to promote and foster the industrial
development and economic growth of all areas of Clay County and any incorporated municipalities
located within the county. The council shall be entitled to all of the powers, rights, privileges,
exemptions, immunities, and authority provided by the general laws of Alabama to local industrial
development authorities, including, but not limited to, abatement of taxes, issuance of bonds,
acquisition, enlargement, improvement, replacement, ownership, leasing, selling, or disposing
of properties to the end that the council may be able to promote the creation of jobs and
develop commerce and trade within the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-14-91.01.htm - 2K - Match Info - Similar pages

11-92B-7
Section 11-92B-7 Board of directors. (a) The authority shall operate under the direction of
a board of directors which shall consist of voting members selected as follows: (1) One member
appointed by the Governor. (2) Five members appointed by the governing body of each municipality
whose corporate limits lie in whole or in part within the operational area of the authority.
(3) Five members appointed by the governing body of the county of incorporation. (b) A vacancy
occurring on the board for any reason shall be filled within 30 days of the vacancy by the
appointing authority making the initial appointment. If the appointing authority that made
the initial appointment does not fill the vacancy within 30 days, the remaining appointing
authorities shall make the appointment. (c) Initial appointments to the board shall be made
within 30 days following the effective date of the incorporation. The Governor's initial appointee
shall serve a three-year term. Each governing body of a...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-92B-7.htm - 5K - Match Info - Similar pages

36-27-25
Section 36-27-25 Funds for assets of retirement system - Management. (a) The Board of Control
shall be the trustees of the several funds of the Employees' Retirement System created by
this article as provided in Section 36-27-24 and shall have full power to invest and reinvest
the funds, through its Secretary-Treasurer in the classes of bonds, mortgages, common and
preferred stocks, shares of investment companies or mutual funds, or other investments as
the Board of Control may approve, with the care, skill, prudence, and diligence under the
circumstances then prevailing that a prudent person acting in a like capacity and familiar
with such matters would use in the conduct of an enterprise of a like character and with like
aims. Subject to like terms, conditions, limitations and restrictions, the Board of Control,
through its Secretary-Treasurer, shall have full power to hold, purchase, sell, assign, transfer,
and dispose of any investments in which the funds created in Section...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-25.htm - 7K - Match Info - Similar pages

45-9-91
Section 45-9-91 Creation; composition; headquarters; meetings; personnel. (a) Pursuant to Amendment
678 of the Constitution of Alabama of 1901, there is created and established the Chambers
County Industrial Development Council on September 1, 2001. Initially, the council shall consist
of the current members of the Industrial Development Authority of Chambers County. As the
terms of the members of the authority expire, their successors shall be appointed to the new
council as follows: (1) The county commissioners from Commission Districts 1, 2, and 3 shall
each appoint one member for initial terms of one year each. (2) The county commissioners from
Commission Districts 4, 5, and 6 shall each appoint one member for initial terms of two years
each. (3) The governing body of each incorporated municipality in the county shall appoint
one member for an initial term of three years. (4) A consensus of the state legislative delegation
for the county shall appoint two members for initial terms...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-9-91.htm - 4K - Match Info - Similar pages

15-18-179
Section 15-18-179 Application for incorporation; certificate of incorporation; amendment; board
of directors; dissolution; funding; competitive bidding laws not applicable. (a) A public
corporation may be organized as a community punishment and corrections authority pursuant
to this article in any county or group of counties located in one or more judicial circuits.
In order to incorporate the public corporation, any number of natural persons, not less than
three, who are duly qualified electors of a proposed county or counties shall first file a
written application with the county commission or any two or more thereof. The application
shall contain all of the following: (1) The names of each county commission with which the
application is filed. (2) A statement that the applicants propose to incorporate an authority
pursuant to this article. (3) The proposed location of the principal office of the authority.
(4) A statement that each of the applicants is a duly qualified elector of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/15-18-179.htm - 14K - Match Info - Similar pages