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11-50A-1
Section 11-50A-1 Definitions. As used in this chapter, the following words shall have the following
meanings unless the context clearly indicates otherwise: (1) AUTHORITY. Alabama Municipal
Electric Authority created pursuant to this chapter and any successor or successors thereto.
(2) BOARD. The board of directors of the authority. (3) BONDS. Any bonds issued by the authority
under the provisions of this chapter, including refunding bonds. (4) BOND ANTICIPATION NOTES.
Short term obligations issued by the authority in anticipation of the issuance of bonds. (5)
COSTS. All costs of acquisition, construction, reconstruction, improvement, equipment, alteration,
repair, or extension of any project; all costs of real and personal property required for
the purposes of any project, including any rights or undivided interest therein; all costs
of easements, franchises, water rights, fees, permits, approvals, licenses, and certificates,
and all costs of securing any permits, approvals, licenses,...
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11-54-86
Section 11-54-86 Board of directors. The industrial development board shall have a board of
directors in which all powers of the board shall be vested and which shall consist of any
number of directors, not less than seven, five of whom shall be duly qualified electors of
and taxpayers in the municipality. At the discretion of the municipal governing body, all
of the remaining members shall be qualified electors and taxpayers of the municipality, or
up to two of the remaining members may be qualified electors and taxpayers in the area outside
of the corporate limits of the municipality where a project may be located. The directors
shall serve without compensation except that they shall be reimbursed for their actual expenses
incurred in and about the performance of their duties under this article. No director shall
be an officer or employee of the municipality. The directors shall be elected by the governing
body of the municipality, and they shall be so elected that they shall hold...
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11-60-7
Section 11-60-7 Board of directors. The corporation shall have a board of directors in which
all powers of the corporation shall be vested and which shall consist of any number of directors,
not less than three, all of whom shall be duly qualified electors of and taxpayers in the
municipality. The directors shall serve as such without compensation, except that they shall
be reimbursed for their actual expenses incurred in and about the performance of their duties
under this chapter. No director shall be an officer or employee of the municipality. The directors
shall be elected by the governing body of the municipality, and they shall be so elected that
they shall hold office for staggered terms. At the time of the election of the first board
of directors, the governing body of the municipality shall divide the directors into three
groups containing as near equal whole numbers as may be possible. The first term of the directors
included in the first group shall be two years; the first...
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22-21-130
Section 22-21-130 Definitions. For the purposes of this article, unless otherwise indicated,
the following terms shall have the meanings respectively ascribed to them by this section:
(1) AUTHORITY. A corporation organized pursuant to the provisions of this article. (2) BOARD.
The board of directors of the authority. (3) BOND. Any bond issued under the provisions of
this article, including refunding bonds. (4) COUNTY. That county in which the certificate
of incorporation of the authority shall be filed for record. (5) COUPON. Any interest coupon
evidencing an installment of interest payable with respect to a bond. (6) FISCAL YEAR. A fiscal
year of the municipality. (7) GOVERNING BODY. The council, board of commissioners or other
like body in which the legislative functions of the municipality are vested by law. (8) INDENTURE.
A mortgage, an indenture of mortgage, deed of trust or trust indenture executed by the authority
as security for any bonds. (9) LEASE AGREEMENT. Any agreement of...
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41-14A-6
Section 41-14A-6 Establishment of SAFE board of directors; powers and duties of the board of
directors. (a) There is hereby established a Board of Directors of the SAFE Program charged
with responsibility and authority to assess and manage the sufficiency of the collateral pool
and the SAFE Program to provide adequate protection from losses to public depositors. In exercising
its powers and performing its responsibilities, the board of directors shall constitute a
body politic under the laws of the state performing the public function of assuring the safety
of public deposits. (b) The State Treasurer shall be a permanent, standing, voting member
of the board of directors and shall serve as its chair. The Superintendent of Banks shall
be a permanent, standing, non-voting member of the board of directors. The remaining six members
shall each possess knowledge, skill, and experience in one or more of the following areas:
(1) Financial analysis. (2) Trend analysis. (3) Accounting. (4)...
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45-9A-50
Section 45-9A-50 City Board of Education; election. (a) If a majority of the qualified electors
of the municipality voting in the authorizing referendum election vote in favor of an elected
city board of education, the board shall be established as provided in this section and the
Legislature, as provided in Amendment 659, from time to time, by local law may provide further
for the election of the Lanett City Board of Education. The local laws may provide for the
termination of the terms of office of members of the existing city board of education; the
composition of the city board of education; initial and succeeding terms of office, including
staggered terms; election districts and at-large membership; qualifications; powers, duties,
and responsibilities; vacancies; compensation; and any other matter that the Legislature determines
necessary for the operation of the board. (b) If the majority of electors voting pursuant
to Act 2000-428 vote in favor of changing to an elected board,...
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11-50-439
Section 11-50-439 Powers and duties of board generally. The board shall have complete control
of the municipal waterworks plant and waterworks system of such municipality and shall have
authority to employ, upon terms to be fixed by the board but in no event for a term exceeding
one year, and to discharge with or without cause, managers, cashiers, clerks, stenographers,
attorneys, plumbers, repairmen, laborers, and such other employees as are necessary for the
operation of such municipal waterworks plant and waterworks system; except, that in those
municipalities where public employees are governed by a citywide civil service or merit system
act all of such managers, cashiers, clerks, stenographers, plumbers, repairmen, laborers,
and such other employees as are necessary for the operation of such waterworks plant and waterworks
system shall in all respects, both as to selection, employment, discharge, tenure of office,
or employment and as to pay, promotion, demotion, and all other...
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11-50-469
Section 11-50-469 Powers and duties of board generally. The board shall have complete control
of the municipal gas distribution system of such municipality and shall have authority to
employ, upon terms to be fixed by the board, but in no event for a term exceeding one year,
and to discharge, with or without cause, managers, cashiers, clerks, stenographers, attorneys,
plumbers, gas fitters, repairmen, laborers, and such other employees as are necessary for
the operation of such municipal gas distribution system, except that in those municipalities
where public employees are governed by a citywide civil service or merit system act all of
such managers, cashiers, clerks, stenographers, plumbers, gas fitters, repairmen, laborers,
and such other employees as are necessary for the operation of such system shall in all respects,
both as to selection, employment, discharge, tenure of office, or employment and as to pay,
promotion, demotion, and all other respects covered by said civil service...
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11-58-4
Section 11-58-4 Board of directors. Each corporation formed under this chapter shall have a
board of directors which shall constitute the governing body of the corporation, consisting
of three members who shall serve without compensation, except that they shall be reimbursed
for actual expenses incurred in the performance of their duties under this chapter and, at
the discretion of the board of directors, may be paid a director's fee of ten dollars ($10)
for each director's meeting attended by them not to exceed a total of one hundred twenty dollars
($120) per member per year. No member of the board shall be an officer of the municipality
or county. The directors of the corporation shall be elected by the governing body of the
respective municipality or county and they shall be so elected that they shall hold office
for staggered terms. The first term of office of one director shall be two years, of another
director shall be four years, and of a third director shall be six years, as...
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11-59-7
Section 11-59-7 Board of directors. The corporation shall have a board of directors in which
all powers of the corporation shall be vested and which shall consist of any number of directors,
not less than three, all of whom shall be duly qualified electors of and taxpayers in the
municipality. The directors shall serve as such without compensation, except that they shall
be reimbursed for their actual expenses incurred in and about the performance of their duties
under this chapter; and, in the discretion of the board of directors, the members thereof
may be paid a director's fee not exceeding $5.00 for each directors' meeting attended by them
not exceeding one meeting during each calendar month. No director shall be an officer or employee
of the municipality. The directors shall be elected by the governing body of the municipality,
and they shall be so elected that they shall hold office for staggered terms. At the time
of the election of the first board of directors, the governing...
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