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4-3-11
Section 4-3-11 Powers of authority generally. 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) specified in its certificate of incorporation; (2) To sue and be sued in its
own name in civil suits and actions, excepting actions in tort against the authority; (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, take and hold, whether by purchase, gift, lease, devise or otherwise, property of
every description, whether real, personal or mixed, whether in one or more counties and whether
within or without the corporate limits of any authorizing subdivision, and to manage said
property, and to develop any undeveloped property owned, leased or controlled by...
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45-46-70.06
Section 45-46-70.06 Clerk. The board of revenue shall elect a clerk, and fix his or her compensation,
and employ such other clerical assistance as may be necessary, and it shall be the duty of
the clerk of the board of revenue to attend the meetings thereof and issue all notices required
by it. The clerk, under the direction of the board of revenue, shall keep the minutes and
records of the proceedings thereof, in well bound volumes provided for that purpose, the records
to be kept in the office of the board of revenue, and to be open at all reasonable hours to
the inspection of the citizens of the county and other interested persons; and the clerk shall
perform such other duties and matters as may be required of him or her by the board of revenue.
The compensation of the clerk and of all other clerical assistants shall be fixed by the board
of revenue and their terms of office shall be at the pleasure of the board of revenue. That
before entering upon the discharge of his or her...
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45-49A-81.04
Section 45-49A-81.04 Investment of funds. All monies properly belonging to the fund shall be
kept in a separate account or accounts, and may, in the discretion of the persons charged
with the duties of administering the fund, be invested in any securities provided by law to
be a suitable investment for trust fund monies pursuant to the laws of this state including,
but not limited to, the following: (1) Bonds, notes, or other obligations of the United States,
or those guaranteed by the United States or for which the credit of the United States is pledged
for the payment of the principal and interest or the dividends thereof. (2) State bonds pledging
the full faith and credit of the state and revenue bonds additionally secured by the full
faith and credit of the state. (3) Bonds of the counties and municipalities of the state which
contain a pledge of full faith and credit of the county or municipality which issues the bonds.
(4) Savings accounts or certificates of deposit at any bank...
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11-49A-8
Section 11-49A-8 Powers of authority. 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 perpetual,
subject to the provisions of Section 11-49A-20) specified in its certificate of incorporation;
(2) To sue and be sued in its own name in civil suits and actions and to defend suits 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, and 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 or
municipalities and whether located within or outside the authorizing municipality; (6) To
make, enter into, and execute such contracts, agreements, leases, and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-49A-8.htm - 6K - Match Info - Similar pages
11-89A-10
Section 11-89A-10 Security for payment of bonds; contracts and agreements to secure. (a) Any
bonds issued by the authority shall be revenue bonds and shall be payable solely out of such
revenues of the authority as may be designated in the proceedings of the board under which
they shall be authorized to be issued. Any such proceedings may provide that the bonds therein
authorized shall be payable solely out of the revenues derived from the operation of any facility
or facilities owned by the authority, regardless of the fact that those bonds may have been
issued with respect to or for the benefit of a certain facility or facilities of the authority.
(b) As security for payment of the principal and interest on any bonds issued or assumed by
it, any authority may enter into a contract or contracts, and adopt resolutions or other proceedings
containing provisions constituting a part of the contract or contracts with the holders of
such bonds, pertaining to, among other things, the...
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11-97-10
Section 11-97-10 Security for payment of bonds; contracts and agreements to secure. (a) Bonds
issued by any corporation may, as its board may deem advisable, be either general obligations
of such corporation or limited obligations payable only out of certain specified revenues
or assets of such corporation; provided, that any corporation may enter into contracts with
the holders of any of its bonds preventing such corporation from thereafter issuing general
obligation bonds or limiting the amount of such bonds that may thereafter be issued. To the
extent permitted by any contracts with the holders of outstanding bonds and any other contractual
obligations or requirements, any corporation may pledge any of its revenues or mortgage or
assign any of its assets, whether real or personal and whether tangible or intangible, to
secure the payment of any of its bonds. (b) As security for payment of the principal of and
the interest and premium, if any, on any bonds issued or assumed by it, any...
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33-5-100
Section 33-5-100 Unauthorized alteration or removal of identification number or registration
information; forfeiture. (a) As used in this section, the following words have the following
meanings: (1) FALSIFY. The term includes alter and forge. (2) IDENTIFIABLE COMPONENT PART.
The term includes any part of a vessel or outboard motor that has an identifying number stamped,
molded, engraved, cast, or placed on it by the manufacturer or any part that can be identified
by other means as being a part of a particular vessel or outboard motor. (3) IDENTIFICATION
NUMBER. The term includes an identifying number, engine number, outboard motor number, or
other distinguishing number or mark placed on a vessel, outboard motor, vessel trailer, or
the engine, transmission, or other component part of a vessel, by its manufacturer or by authority
of the Department of Conservation and Natural Resources or in accordance with the laws of
another state or country. (4) REMOVE. The term includes deface,...
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34-29-111
Section 34-29-111 Duties of board; Alabama Veterinary Professionals Wellness Committee; liability.
(a) It shall be the duty and obligation of the State Board of Veterinary Medical Examiners
to promote the early identification, intervention, treatment, and rehabilitation of veterinary
professionals licensed to practice veterinary medicine or veterinary technology in Alabama
who may be impaired by reason of illness, inebriation, excessive use of drugs, narcotics,
alcohol, chemicals, or other substances, or as a result of any physical or mental condition.
(b) In order to carry out this obligation the State Board of Veterinary Medical Examiners
may contract with any nonprofit corporation or medical professional association for the purpose
of creating, supporting, and maintaining a committee of veterinary professionals to be designated
the Alabama Veterinary Professionals Wellness Committee. The committee shall consist of not
less than 10 nor more than 15 veterinary professionals licensed...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/34-29-111.htm - 7K - Match Info - Similar pages
40-14A-1
Section 40-14A-1 Definitions. For purposes of this chapter, the following terms shall mean:
(a) ALABAMA S CORPORATION. An S corporation defined under Section 40-18-160. (b) C CORPORATION.
A corporation other than an Alabama S corporation. (c) CODE. The Internal Revenue Code of
1986, as amended from time to time. (d) CORPORATION. An entity, including a limited liability
company electing to be taxed as a corporation for federal income tax purposes, through which
business can be conducted while offering limited liability to the owners of the entity with
respect to some or all of the obligations of the entity, other than a limited liability entity
or a disregarded entity. The term "corporation" shall include but not be limited
to the following: Corporations, professional corporations, joint stock companies, unincorporated
professional associations, real estate investment trusts, limited liability companies electing
to be taxed as corporations for federal income tax purposes, and all...
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41-23-195
Section 41-23-195 Advisory committee - Membership. (a) There is created the Alabama Public
Transportation Fund Advisory Committee for the purpose of advising the director and staff
of the department with respect to the administration of the trust fund; provided, however,
all decisionmaking authority remains with the department. (b) The advisory committee shall
consist of the following members: (1) A member of the House of Representatives appointed by
the Speaker of the House of Representatives. (2) A member of the Senate appointed by the President
Pro Tempore of the Senate. (3) The Lieutenant Governor or his or her designee. (4) A representative
of the American Association of Retired Persons (AARP) appointed by AARP Alabama. (5) A representative
of the Department of Senior Services appointed by that department. (6) A representative of
the Alabama Association of Regional Councils appointed by that organization. (7) A representative
of the Community Action Association of Alabama...
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