Code of Alabama

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11-60-8
in the certificate of incorporation unless sooner dissolved as provided in this chapter; (2)
To sue and be sued and to prosecute and defend civil actions in any court having jurisdiction
of the subject matter and of the parties; (3) To have and to use a corporate seal and to alter
the same at pleasure; (4) To acquire, whether by purchase, construction, exchange, gift, lease,
or otherwise to improve, maintain, equip, furnish, own, and operate one or more projects,
including all real and personal properties which the board of directors of the corporation
may deem necessary in connection therewith, regardless of whether or not any such projects
or any part thereof shall then be in existence; (5) To fix, prescribe, and collect rates,
fees, tolls, charges, or rentals for the use of any of its facilities and for services, facilities,
and accommodations furnished by it or any of its facilities; (6) To adopt and enforce rules
and regulations relative to the use or occupancy of any of its...
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11-20-37
the period specified in the certificate of incorporation unless sooner dissolved as provided
in this article; (2) To sue and be sued and to prosecute and defend civil actions in any court
having jurisdiction of the subject matter and of the parties; (3) To have and to use a corporate
seal and to alter the same at pleasure; (4) To acquire, whether by purchase, construction,
exchange, gift, lease or otherwise, improve, maintain, equip and furnish one or more projects,
including all real and personal properties which the board of directors of the corporation
may deem necessary in connection therewith and regardless of whether or not any such projects
or any part thereof shall then be in existence; (5) To sell, exchange, donate and convey,
to contract to sell, exchange and convey and to grant, with or without additional consideration,
options to acquire any or all of its properties whenever its board of directors shall find
any such action to be in furtherance of the purposes for which...
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11-22-8
the period specified in the certificate of incorporation unless sooner dissolved as hereinafter
provided; (2) To sue and be sued and to prosecute and defend in any court having jurisdiction
of the subject matter and of the parties; (3) To have and to use a corporate seal and to alter
the same at pleasure; (4) To acquire, whether by purchase, construction, exchange, gift, lease,
or otherwise, to improve, maintain, equip, furnish, own, and operate one or more projects,
including all real and personal properties which the board of directors of the corporation
may deem necessary in connection therewith and regardless of whether or not any such projects
or any part thereof shall then be in existence; (5) To fix, prescribe and collect rates, fees,
tolls, charges, or rentals for the use of any of its facilities and for services, facilities,
and accommodations furnished by it or any of its facilities; (6) To adopt and enforce rules
and regulations relative to the use or occupancy of any of...
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11-59-8
of incorporation unless sooner dissolved as provided in this chapter; (2) To sue and be sued
and to prosecute and defend civil actions in any court having jurisdiction of the subject
matter and of the parties; (3) To have and to use a corporate seal and to alter the same at
pleasure; (4) To acquire, whether by condemnation, purchase, exchange, gift, lease, devise
or otherwise, and to construct, enlarge, improve, maintain, equip, and furnish one or more
facilities, including all real and personal properties which the board of directors
of the corporation may deem necessary or convenient in connection therewith and regardless
of whether or not any such facilities shall then be in existence and whether or not the same
shall then be publicly or privately owned and whether or not the same shall then be used by
the municipality; (5) To operate and to lease to others any or all of its facilities; (6)
To fix and collect admission fees to and rents and charges for the use of its facilities...

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22-21-77
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 or until dissolved as
provided in Section 22-21-82; (2) To maintain actions and have actions maintained against
it and to defend action maintained against it; (3) To make use of a corporate seal and to
alter the same at pleasure; (4) To receive, acquire, take and hold, whether by purchase, gift,
lease, devise or otherwise, real and personal estate of every description and to manage
and dispose of same by any form of legal conveyance or transfer; (5) To acquire, construct,
equip, enlarge, improve, maintain and operate a hospital and to do all things necessary to
that end; (6) With the approval of the board of directors, to design, construct, purchase
or otherwise acquire hospitals, clinics and other hospital facilities, and to lease or otherwise
make available such facilities to such persons, firms, partnerships, associations...
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11-58-5
Section 11-58-5 Powers of corporations generally. Each corporation formed under this chapter
shall have the following powers, together with all the powers incidental thereto or necessary
to the discharge thereof in corporate form: (1) To have succession by its corporate name for
the period specified in the certificate of incorporation (which may be in perpetuity) unless
sooner dissolved as provided in this chapter. (2) To sue and be sued and prosecute and defend
civil actions in any court having jurisdiction of the subject matter and of the parties. (3)
To have and use a corporate seal and to alter it at pleasure. (4) To acquire, whether by purchase,
exchange, lease, construction, or otherwise one or more medical clinics and any necessary
or desirable clinical facilities. a. Any municipal medical clinic shall be located either
within the corporate limits of the municipality or within 15 miles of the corporate limits,
but not within the corporate limits or police jurisdiction of any...
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45-49-90.07
period specified in the certificate of incorporation unless sooner dissolved as provided in
this part. (2) To sue and be sued and to prosecute and defend civil actions in any court having
jurisdiction of the subject matter and of the parties. (3) To have and to use a corporate
seal and to alter the same at pleasure. (4) To acquire, whether by purchase, construction,
exchange, gift, lease or otherwise, improve, maintain, equip, and furnish one or more industrial
parks, including all real and personal properties which the board of directors of the
corporation may deem necessary in connection therewith and regardless of whether or not any
such industrial parks or any part thereof shall then be in existence. (5) To sell, exchange,
donate, and convey, to contract to sell, exchange, and convey, and to grant, with or without
additional consideration, options to acquire any or all of its properties whenever its board
of directors shall find any such action to be in furtherance of the purposes...
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10A-2A-14.05
Section 10A-2A-14.05 Effect of dissolution. (a) A dissolved corporation continues its existence
as a corporation but may not carry on any business except as is appropriate to wind up and
liquidate its business and affairs, including: (1) collecting its assets; (2) disposing of
its properties that will not be distributed in kind to stockholders; (3) discharging or making
provisions for discharging its liabilities; (4) distributing its remaining property among
its stockholders according to their interests; and (5) doing every other act necessary to
wind up and liquidate its business and affairs. (b) In winding up its business and affairs,
a corporation may: (1) preserve the corporation's business and affairs and property as a going
concern for a reasonable time; (2) prosecute, defend, or settle actions or proceedings whether
civil, criminal, or administrative; (3) transfer the corporation's assets; (4) resolve disputes
by mediation or arbitration; (5) merge or convert in accordance with...
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11-50-396
purchase, construct, receive, own, operate, maintain, enlarge, extend, and improve any one
or more gas systems the operation of which is provided for in the certificate of incorporation
of the district (whether or not such system or systems were in existence or whether or not
such system or systems were privately owned or municipally owned prior to the acquisition
by such district). (5) To receive, acquire, take, and hold, whether by purchase, gift, or
lease, devise, or otherwise, real, personal, and mixed property of any nature whatsoever
that its board of directors may deem a necessary or convenient part of or useful in connection
with such system or systems. (6) To borrow money for any corporate purpose and to issue in
evidence of the borrowing interest-bearing bonds payable solely from the revenues derived
from the operation of any one or more of its systems. (7) To pledge to the payment of its
bonds any revenues from which the bonds are made payable and to mortgage, pledge, or...
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10A-3-2.12
Section 10A-3-2.12 Board of directors; committees. If the governing documents of a nonprofit
corporation so provide, the board of directors, by resolution adopted by a majority of the
directors in office, may designate and appoint one or more committees each of which shall
consist of two or more directors, which committees, to the extent provided in the resolution,
or in the governing documents of the nonprofit corporation, shall have and exercise all the
authority of the board of directors, except that no committee shall have the authority of
the board of directors in reference to amending, altering, or repealing the bylaws; electing,
appointing, or removing any member of any committee or any director or officer of the corporation;
amending the certificate of formation, restating the certificate of formation, adopting a
plan of merger or adopting a plan of consolidation with another nonprofit corporation or other
entity authorizing the conversion of the nonprofit corporation into...
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