11-50A-29
Section 11-50A-29 Exemption from competitive bid laws. No contract made by or on behalf of
the authority, and no contract made by a municipality pursuant to Section 11-50A-17, shall
be governed by the provisions of Title 41, Chapter 16, as amended. (Acts 1981, No. 81-681,
p. 1114, §29.)...
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16-17A-20
Section 16-17A-20 Applicability of other laws. Notwithstanding any other provision of law to
the contrary: (1) Each authority shall be exempt from all laws of the state governing usury
or prescribing or limiting interest rates, including, without limitation, the provisions of
Title 8, Chapter 8. (2) Authorities, university affiliates, members of the governing bodies
of authorities and university affiliates, and officers and employees of authorities and university
affiliates shall not be subject to state ethics laws, including, without limitation, the provisions
of Title 36, Chapter 25. (3) Meetings of the board of an authority and any committee thereof
shall not be subject to public meeting or notice requirements, including, without limitation,
the provisions of Title 36, Chapter 25A. (4) Deposits of authorities and university affiliates
are entitled to the benefits of the Security for Alabama Funds Enhancement Act, Title 41,
Chapter 14A, and therefore, authorities and university...
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11-62-19
Section 11-62-19 Exemptions of authority - Usury and interest laws. Any authority and all contracts
made by it shall be exempt from the laws of the state governing usury or prescribing or limiting
interest rates, including, but without limitation to, the provisions of Chapter 8 of Title
8, as such laws may at any time be amended. Further, any payment payable directly or indirectly
by any user pursuant to any lease, installment sale contract, loan agreement, or other contract
to which an authority is a party, any payment pursuant to any authorized purpose obligation
or any payment pursuant to any other obligation constituting the source of payment for any
obligation of an authority which, in any such case under the laws of the state in effect at
the time, constitutes interest, or a payment in the nature of interest, shall be exempt from
all such laws of the state governing usury or prescribing or limiting interest rates. (Acts
1979, No. 79-332, p. 506, §13.)...
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11-62-21
Section 11-62-21 Construction of chapter. This chapter shall be construed liberally to effect
its purposes and neither this chapter nor anything herein contained is or shall be construed
as a restriction or limitation upon any powers which any authority might otherwise have under
any laws of the state, and the provisions of this chapter are cumulative to any such powers.
This chapter does and shall be construed to provide a complete, additional, and alternative
method for the doing of the things authorized thereby and shall be regarded as supplemental
and additional to other laws. However, the issuance of bonds, notes, and other obligations
of any authority under the provisions of this chapter need not comply with the requirements
of any other law of the state generally applicable to the issuance of bonds, notes, and other
obligations by other public corporations organized under the laws of the state. (Acts 1979,
No. 79-332, p. 506, §17.)...
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36-29-6
Section 36-29-6 Authorization and execution of contracts; documentation of benefits. (a) The
board is hereby authorized to execute a contract or contracts to provide the plan determined
in accordance with the provisions of this chapter. Such contract or contracts may be executed
with one or more agencies or corporations licensed to transact or administer group health
insurance business in this state. All of the benefits to be provided under this chapter may
be included in one or more similar contracts issued by the same or different companies. (b)
Before entering into any contract or contracts authorized by subsection (a) of this section,
the board shall invite competitive bids from all qualified entities who may wish to administer
or offer plans for the health insurance coverage desired. The board shall award such contract
or contracts on a competitive basis as determined by the benefits afforded, administrative
costs, the costs to be incurred by employee, retiree, and employer, the...
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41-29-502
Section 41-29-502 Authorization to issue additional bonds; exemption from usury laws. (a) In
addition to all powers heretofore conferred on it by acts heretofore enacted by the Legislature
of Alabama, and in addition to all other powers conferred on it in this article, the authority
is hereby authorized to sell and issue its bonds, not exceeding one hundred million dollars
($100,000,000) in aggregate principal amount, for the purposes of making the grants of money
authorized in Section 41-29-503 hereof and to anticipate by the issuance of its bonds the
receipt of the revenues herein appropriated and pledged; provided the authority shall not
issue more than ten million dollars ($10,000,000) in aggregate principal amount of such bonds
in any two-year period; and provided there shall not be more than forty million dollars ($40,000,000)
in aggregate principal amount of such bonds, in addition to bonds heretofore issued by the
authority, outstanding at any one time, but excluding for this...
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16-25A-7
Section 16-25A-7 Authorization and execution of contracts; evidence of coverage; denial of
claims. (a) The board is hereby authorized to execute a contract or contracts to provide for
the benefits or the administration of the plan determined in accordance with the provisions
of this article. Such contract or contracts may be executed with one or more agencies or corporations
licensed to transact or administer group health insurance business in this state. All of the
benefits to be provided under this article may be included in one or more similar contracts
issued by the same or different companies. The board is further authorized to develop a plan
whereby it may become self-insured upon its finding that such arrangement would be financially
advantageous to the state and plan participants. (b) Before entering into any contract or
contracts authorized by subsection (a), the board shall invite competitive bids from all qualified
entities who may wish to administer or offer plans for the...
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11-40-20
Section 11-40-20 Operation of hotel and related facilities by Class 1 municipalities and certain
public corporations - Hotel management contracts. Any municipality or separate public corporation
authorized to own and operate a hotel pursuant to the provisions of Section 11-40-19 and this
section may operate such hotel through one or more management contracts with private companies
experienced in the operation of hotels, and such management contract shall be exempt from
the provisions of Sections 41-16-50 through 41-16-63, inclusive, and shall be awarded for
such term and in accordance with such conditions as shall be determined by the governing body
of said municipality or separate public corporation, as the case may be. Nothing contained
in Section 11-40-19 or this section shall be construed to limit any hotel owned and operated
by any municipality or public corporation to providing services to persons attending conventions
that use the civic center facilities owned by such...
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11-50A-17
Section 11-50A-17 Contracts for use of projects; purchase of electric power; payment of charges;
indemnity; enforcement of performance. (a) Any municipality, if authorized by resolution or
ordinance of its governing body, may contract with the authority for the payment of any rates,
tolls, fees, and other charges prescribed in this section and Section 11-50A-18 by the authority
for the output, capacity, use or service by the municipality of any projects or other resources
of the authority or any of its facilities or undertakings. The obligations to pay the amounts
contracted to be paid by the municipality to the authority under the contract or contracts
entered into pursuant to the provisions of this section shall be treated as expenses of operating
the electric distribution system of the municipality for the payment of which the revenues
of the municipality derived from the operation of its electric distribution system (together
with any other revenues that may be lawfully pledged...
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11-50A-6
Section 11-50A-6 Board of directors; election committee; meetings; officers; compensation;
recordkeeping. (a) The board of directors of the authority shall be elected by the duly designated
representatives of the municipalities which are authorized and directed to designate a member
of the election committee as hereinafter provided in this section. Until the first meeting
of the board of directors following the meeting in 2015 of the election committee hereinafter
provided for, the board of directors shall consist of nine members; thereafter, the board
shall consist of the number of members equal to the number of municipalities contracting with
the authority for the purchase of electric power and energy pursuant to Section 11-50A-17,
which are authorized and directed to designate a member of the election committee. Members
of the board of directors shall be eligible to succeed themselves. The business, affairs,
and property of the authority shall be managed by its board of directors....
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