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37-11A-1
Section 37-11A-1 Execution and text of compact. The Governor, on behalf of this state, shall
execute a compact, in substantially the following form, with the State of Mississippi, and
the Legislature approves and ratifies the compact in the form substantially as follows: Northeast
Mississippi - Northwest Alabama Railroad Authority Compact. The contracting states solemnly
agree: Article I. The purpose of this compact is to promote and develop trade, commerce, industry,
and employment opportunities for the public good and welfare in northeast Mississippi and
northwest Alabama through the establishment of a joint interstate authority to acquire certain
railroad properties and facilities which the operator thereof has notified the Interstate
Commerce Commission of an intention to abandon and which are located in any of Franklin, Marion,
or Winston Counties, Alabama or in Alcorn or Tishomingo Counties, Mississippi. Article II.
This compact shall become effective immediately as to the State...
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11-54A-9
Section 11-54A-9 Powers of authority; all projects to be in development area. (a) 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 perpetuity, subject to Section 11-54A-20, specified in
its certificate of incorporation. (2) To sue and be sued in its own name and to prosecute
and defend civil actions in any court having jurisdiction of the subject matter and of the
parties. (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, whether by purchase, construction, exchange, gift, lease, or otherwise and
to refinance existing indebtedness on, improve, maintain, equip, and furnish one or more projects,
including all real and personal properties which the board of the authority may...
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4-3-47
Section 4-3-47 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 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, option to 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 property and to sell, exchange, lease or...
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11-98-4
Section 11-98-4 Board of commissioners. (a) When any district is created, the creating authority
may appoint a board of commissioners composed of seven members to govern its affairs, and
shall fix the domicile of the board of commissioners at any point within the district. In
the case of county districts, after the expiration of the terms of the members of the board
of commissioners holding office on May 23, 2000, there may be at least one member of the board
of commissioners from each county commission district if the number of the county commission
does not exceed seven, unless a resolution dated before January 1, 2000, was passed by a county
commission establishing an appointment process different from this section or as otherwise
provided by the enactment of a local act after May 23, 2000. The members of the board of commissioners
shall be qualified electors of the district, two of whom shall be appointed for terms of two
years, three for terms of three years, and two for terms of...
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45-4-244.20
Section 45-4-244.20 County sales tax to parallel state tax; exemptions; collection and disposition
of funds; enforcement. (a) All words, terms, and phrases that are defined in Article 1 of
Chapter 23 of Title 40 shall, where used in this section have the meanings respectively ascribed
to them in Article 1 except where the context herein clearly indicates a different meaning.
In addition, the following words, terms, and phrases where used in this section shall have
the following respective meanings except where the context clearly indicates a different meaning:
(1) STATE SALES TAX STATUTES. Article 1 of Chapter 23 of Title 40, which levies a retail sales
tax for state purposes, and includes all statutes, heretofore enacted, which expressly set
forth any exemptions from the computation of the tax levied in Article 1 and all other statutes
heretofore enacted which expressly apply to, or purport to affect, the administration of Article
1 and the incidence and collection of the tax imposed...
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45-5-141.20
Section 45-5-141.20 Powers and duties; annual dues; board of trustees; referendum election.
(a) This section shall apply only in Blount County. (b) A district for the delivery of fire
and emergency medical services may be formed in any unincorporated area of the county pursuant
to this section subject to the approval of a majority of the qualified electors who vote at
a referendum election for that purpose in the proposed district and for the approval of the
mandatory annual dues of the district. (c) In order to call for a referendum election for
the formation of a district, a petition signed by not less than 20 percent of the registered
voters who reside in the proposed district shall be presented to the county commission and
the Judge of Probate of Blount County. The petition shall contain an accurate legal description
of the proposed area and shall state the name of the proposed district. The petition for the
establishment of a district shall be accompanied by a request for the...
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40-23-4
Section 40-23-4 Exemptions. (a) There are exempted from the provisions of this division and
from the computation of the amount of the tax levied, assessed, or payable under this division
the following: (1) The gross proceeds of the sales of lubricating oil and gasoline as defined
in Sections 40-17-30 and 40-17-170 and the gross proceeds from those sales of lubricating
oil destined for out-of-state use which are transacted in a manner whereby an out-of-state
purchaser takes delivery of such oil at a distributor's plant within this state and transports
it out-of-state, which are otherwise taxed. (2) The gross proceeds of the sale, or sales,
of fertilizer when used for agricultural purposes. The word "fertilizer" shall not
be construed to include cottonseed meal, when not in combination with other materials. (3)
The gross proceeds of the sale, or sales, of seeds for planting purposes and baby chicks and
poults. Nothing herein shall be construed to exempt or exclude from the computation of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/40-23-4.htm - 34K - Match Info - Similar pages
45-49A-10.07
Section 45-49A-10.07 Lease, sale, donation, or transfer of property to the corporation. Mobile
County or the City of Bayou La Batre, or any city within the county, is authorized, but not
required, to lease, sell, donate, or otherwise convey to the corporation, real or personal
property, including park properties, without the necessity of authorization by election of
the qualified voters of the county, the city, and the governing body of the county or any
other city within the county, is hereby authorized to enter into any agreements which such
corporation may deem necessary in order to effectuate such lease, sale, donation, or transfer.
The governing body of Mobile County, the City of Bayou La Batre, or any other city within
the county, is further authorized to covenant with the corporation, which covenant shall likewise
constitute a contract with the holders of any revenue bonds, notes, or other obligations thereafter
issued by the corporation, that it will not acquire, construct, or...
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11-56-3
Section 11-56-3 Application for authority to form corporation; adoption of resolution by governing
body authorizing incorporation; procedure for incorporation generally. Whenever any number
of natural persons, not less than three, shall file with the governing body an application
in writing for authority to incorporate a corporation under the provisions of this chapter,
if it shall be made to appear to the governing body that each of the said persons is a duly
qualified elector of and property owner in the municipality, and, if the governing body shall
duly adopt a resolution wherein it shall be declared that it will be wise, expedient, and
necessary that such a corporation be formed and that the persons filing such application shall
be authorized to proceed to form such corporation, then the said persons shall become the
incorporators of and shall proceed to incorporate the corporation in the manner provided in
this chapter. No corporation shall be formed under this chapter unless the...
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41-10-84
Section 41-10-84 Contents of certificate of incorporation generally; adoption of resolution
by governing body approving form and contents of certificate of incorporation. (a) The certificate
of incorporation of the corporation shall state: (1) The names of the persons forming the
corporation, together with the residence of each thereof and a statement that each of them
is a duly qualified elector of and owner of property in the municipality; (2) The name of
the corporation (which shall be "the state products mart (coliseum) authority located
in _____ County" or some other name of similar import which is available for use); (3)
The location of its principal office, which shall be in the municipality; (4) The purposes
for which the corporation is proposed to be organized; (5) The number of directors, which
shall be not less than three nor more than five, subject, however, to mandatory increase as
provided in this article; and (6) Any other matter relating to the corporation which the...
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