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33-12-5
Section 33-12-5 Powers, duties and functions. The powers, duties and functions of the
agency shall be as follows: (1) GENERALLY. The agency a. Shall have perpetual succession in
its corporate name. b. May sue and be sued in its corporate name. c. May adopt, use and alter
a corporate seal, which shall be judicially noticed. d. May enter into such contracts and
cooperative agreements with the federal, state and local governments, with agencies of such
governments, with private individuals, corporations, associations, trusts and other organizations
as the board may deem necessary or convenient to enable it to carry out the purposes of this
chapter, including the planned, orderly residential development of the area. e. May adopt,
amend and repeal bylaws. f. May appoint such managers, officers, employees, attorneys and
agents as the board deems necessary for the transaction of its business, fix their compensation,
define their duties, require bonds of such of them as the board may...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/33-12-5.htm - 18K - Match Info - Similar pages
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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11-49A-2
Section 11-49A-2 Definitions. The following words and phrases used in this chapter,
and others evidently intended as the equivalent thereof, shall, in the absence of clear implication
herein otherwise, be given the following respective interpretations herein: (1) APPLICANT.
A natural person who files a written application with the governing body of any municipality
to which this chapter applies all in accordance with the provisions of Section 11-49A-4.
(2) AUTHORITY. A public corporation organized pursuant to the provisions of this chapter.
(3) AUTHORIZING MUNICIPALITY. Any municipality the governing body of which shall have adopted
an authorizing resolution. (4) AUTHORIZING RESOLUTION. A resolution, adopted by the governing
body of any municipality to which this chapter applies all in accordance with the provisions
of Section 11-49A-4, that authorizes the incorporation of an authority. (5) BOARD.
The board of directors of an authority. (6) BONDS. Shall include bonds, notes, and...
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45-25-250.04
Section 45-25-250.04 Powers of authority. (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 specified
in its certificate of incorporation. (2) To sue and be sued in its own name in civil actions,
except as otherwise provided in this article, and to defend civil actions 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 and whether
located within or outside the service area. (6) To make, enter into, and execute such contracts,
agreements, leases, and other instruments and to take such other actions...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-25-250.04.htm - 8K - Match Info - Similar pages
45-49A-64.01
Section 45-49A-64.01 Definitions. The following words and phrases used in this part,
and others evidently intended as the equivalent thereof, in the absence of clear implication
herein otherwise, shall be given the following respective interpretations herein. (1) APPLICANT.
A natural person who files a written application with the governing body of any municipality
to which this part applies all in accordance with Section 45-49A-64.03. (2) AUTHORITY.
A public corporation organized pursuant to this part. (3) AUTHORIZING MUNICIPALITY. Any municipality
the governing body of which shall have adopted an authorizing resolution. (4) AUTHORIZING
RESOLUTION. A resolution, adopted by the governing body of any municipality to which this
part applies all in accordance with Section 45-49A-64.03, that authorizes the incorporation
of an authority. (5) BOARD. The board of directors of an authority. (6) BONDS. Includes bonds,
notes, and certificates representing an obligation to pay money. (7) CHIEF...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-49A-64.01.htm - 3K - Match Info - Similar pages
11-49B-2
Section 11-49B-2 Definitions. The words, terms, and phrases defined below shall have
the following meanings: (1) APPLICANT. A natural person who files a written application with
the governing body of any county to which this chapter applies and with a municipality in
the county. (2) AUTHORITY. A public corporation organized pursuant to this chapter. (3) AUTHORIZING
COUNTY. Any county where a Class 1 municipality is located whose governing body adopts an
authorizing resolution. (4) AUTHORIZING MUNICIPALITY. Any Class 1 municipality whose governing
body adopts an authorizing resolution. (5) AUTHORIZING RESOLUTION. A resolution adopted by
the governing body of the county where the Class 1 municipality is located or by the Class
1 municipality in which an authority may be incorporated. (6) BOARD. The board of directors
of an authority. (7) BONDS. Bonds, notes, and certificates representing an obligation to pay
money. (8) COUNTY. Any county in the state. (9) DIRECTOR. A member of the board...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-49B-2.htm - 3K - Match Info - Similar pages
45-47-250.05
Section 45-47-250.05 Powers of authority. (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 specified
in its certificate of incorporation. (2) To sue and be sued in its own name in civil actions,
except as otherwise provided in this article, and to defend civil actions 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 and whether
located within or outside the service area. (6) To make, enter into, and execute such contracts,
agreements, leases, and other instruments and to take such other actions...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-47-250.05.htm - 8K - Match Info - Similar pages
11-32-8
Section 11-32-8 Rates and charges. (a) Rates, fees, and charges for public transportation
service rendered by the authority from any of its transit systems shall be so fixed and from
time to time revised as at all times to provide funds that, when added to all other revenues
including tax proceeds anticipated to be received by the authority shall be at least sufficient
to do all of the following: (1) Pay the cost of operating, maintaining, repairing, replacing,
extending, and improving the systems from which such services are rendered. (2) Pay the principal
of and the interest on all bonds issued and obligations assumed by the authority that are
payable out of the revenues derived from operation of those systems, as the principal and
interest become due and payable. (3) Create and maintain reserves for the foregoing purposes
or any of them as may be provided in any mortgage, deed of trust, or trust indenture executed
by the authority or in any resolutions of the board authorizing the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-32-8.htm - 1K - Match Info - Similar pages
11-49A-9
Section 11-49A-9 Rates for public transportation service. Rates, fees, and charges for
public transportation service rendered by the authority from any of its transit systems shall
be fixed and from time to time revised as at all times to provide funds that, when added to
all other revenues (including tax proceeds) anticipated to be received by the authority, will
be at least sufficient: (1) To pay the cost of operating, maintaining, repairing, replacing,
extending, and improving systems from which such services are rendered; (2) To pay the principal
of and the interest on all bonds issued and obligations assumed by the authority, that are
payable out of the revenues derived from operation of those systems, as the said principal
and interest become due and payable; (3) To create and maintain such reserve for the foregoing
purposes or any of them as may be provided in any mortgage and deed of trust or trust indenture
executed by the authority hereunder or in any resolutions of the board...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-49A-9.htm - 1K - Match Info - Similar pages
45-30-250.05
Section 45-30-250.05 Powers of authority. (a) The authority shall have the following
corporate powers, and all incidental or necessary powers thereto, either separately or in
combination with any other system, service, or facility referred to in this section:
(1) To have succession by its corporate name for the duration of time specified in its certificate
of incorporation. (2) To sue and be sued in its own name in civil actions, except as otherwise
provided in this act, and to defend civil actions 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, or 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 and whether located within or outside the
service area. (6) To make, enter into, and execute contracts, agreements,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-30-250.05.htm - 7K - Match Info - Similar pages
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