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45-27A-60
Section 45-27A-60 Town of Pollard Trust Account. (a)(1) There is hereby established
a trust account for the Town of Pollard, Alabama, for the exclusive benefit of the Town of
Pollard and its citizens. The name of the trust fund shall be the Town of Pollard Trust Account.
(2) In order to preserve for future generations the Town of Pollard Trust Account and to ensure
water service, garbage pickup, grass mowing, and general maintenance of public property, expenditures
from the income of the trust are authorized only for the following uses: a. Maintenance and
replacement of water system equipment and property. b. The payment of utility charges incurred
by the town. c. Purchase and maintenance of insurance for the water system, other town property,
and bonding fees required by law for the mayor, the town clerk, and any other person authorized
to sign checks for the Town of Pollard. d. Repair and replacement of town equipment. e. Employment
of two permanent employees to perform garbage...
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45-5A-70
Section 45-5A-70 Election of board of education; referendum. (a)(1) Pursuant to Amendment
659 to the Constitution of Alabama of 1901, and as soon as practicable after final approval
of this section by the United States Department of Justice, if necessary, the Oneonta
City Council shall call an authorizing referendum election, to be held at the time of the
next general election held in the city on November 7, 2000, regarding changing the Oneonta
City Board of Education to an elected city board of education. (2) 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 and operation of the Oneonta City Board of Education. The local laws
may provide for the termination of the terms of office of members of the...
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8-6-2
Section 8-6-2 Definitions. When used in this article, unless the context otherwise requires,
the following terms shall have the meanings respectively ascribed to them by this section:
(1) COMMISSION or SECURITIES COMMISSION. The securities commission. (2) AGENT. Any individual
other than a dealer who represents a dealer or issuer in effecting or attempting to effect
sales of securities, but such term does not include an individual who represents an issuer
in: a. Effecting a transaction in a security exempted by subdivisions (1), (2), (3), (4),
(9) or (10) of Section 8-6-10; b. Effecting transactions exempted by Section
8-6-11; or c. Effecting transactions with existing employees, partners, or directors of the
issuer if no commission or other remuneration is paid or given directly or indirectly for
soliciting any person in this state. A partner, officer, or director of a dealer or issuer
is an agent if he otherwise comes within this definition. (3) DEALER. Any person engaged in
the...
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16-26A-4
Section 16-26A-4 Board of directors generally. (a) There is hereby created a board of
directors for the school, sometimes hereinafter referred to as the "board." The
board shall be composed of 21 members as follows: (1) The State Department of Education assistant
state superintendent in charge of curriculum development, or his or her designee. (2) The
Chancellor of the University of Alabama System, or his or her designee. (3) The President
of Auburn University, or his or her designee. (4) The President of the University of South
Alabama, or his or her designee. (5) The President of Alabama A&M University, or his or
her designee. (6) The Chair of the Alabama High School of Mathematics and Science Foundation.
(7) The Chair of the House Standing Committee on Education, or his or her designee. (8) The
Chair of the Senate Standing Committee on Education, or his or her designee. (9) The Chair
of the House Standing Committee on Ways and Means Education, or his or her designee. (10)
The Chair...
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34-13-23
Section 34-13-23 Officers; rulemaking authority; compensation; executive director; disposition
of funds. (a)(1) The board appointed under this chapter and each successor thereto is authorized
to select from its own membership a chair and to adopt and promulgate such rules and regulations
for the transaction of its business and for the betterment and promotion of the standards
of service and practice to be followed in the funeral service profession in the State of Alabama
as the board may deem expedient and consistent with the laws of this state and for the public
good. (2) The chair shall preside at all meetings of the board unless otherwise ordered, and
he or she shall exercise and perform all duties and functions incident to the office of chair.
(3) The board may select also from its own membership a vice chair, a secretary, and a treasurer.
No two offices shall be held by the same person. (b) The treasurer shall give bond to the
State of Alabama in the sum of ten thousand dollars...
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36-27-25
Section 36-27-25 Funds for assets of retirement system - Management. (a) The Board of
Control shall be the trustees of the several funds of the Employees' Retirement System created
by this article as provided in Section 36-27-24 and shall have full power to invest
and reinvest the funds, through its Secretary-Treasurer in the classes of bonds, mortgages,
common and preferred stocks, shares of investment companies or mutual funds, or other investments
as the Board of Control may approve, with the care, skill, prudence, and diligence under the
circumstances then prevailing that a prudent person acting in a like capacity and familiar
with such matters would use in the conduct of an enterprise of a like character and with like
aims. Subject to like terms, conditions, limitations and restrictions, the Board of Control,
through its Secretary-Treasurer, shall have full power to hold, purchase, sell, assign, transfer,
and dispose of any investments in which the funds created in Section...
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37-11-1
Section 37-11-1 Execution and text of compact. The Governor, on behalf of this state,
is hereby authorized to execute a compact in substantially the following form with the states
of Louisiana and Mississippi, and the legislature hereby signifies in advance its approval
and ratification of such compact, which compact is as follows: Southern High-Speed Rail Commission.
Article I. The purpose of this compact is to study the feasibility of rapid rail transit service
between the states of Mississippi, Louisiana and Alabama and to establish a joint interstate
commission to assist in this effort. Article II. This compact shall become effective immediately
as to the states ratifying it whenever the states of Mississippi, Louisiana and Alabama have
ratified it and Congress has given consent thereto. Any state not mentioned in this article
which is contiguous with any member state may become a party to this compact, subject to approval
by the legislature of each of the member states. Article...
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10A-20-7.04
Section 10A-20-7.04 Powers of corporation. In furtherance of its purposes and in addition
to the powers now or hereafter conferred on business corporations by Alabama statutes, the
corporation shall, subject to the restrictions and limitations contained in this section,
have the following powers: (1) To elect, appoint, and employ officers, agents, and employees
to make contracts and incur liabilities for any of the purposes of the corporation; provided,
that the corporation shall not incur any secondary liability by way of guaranty or endorsement
of the obligations of any person, firm, corporation, joint stock company, association, or
trust or in any other manner. (2) To borrow money from its members and the small business
administration and any other similar federal agency for any of the purposes of the corporation,
to issue therefor its bonds, debentures, notes, or other evidences of indebtedness, whether
secured or unsecured, and to secure the same by mortgage, pledge, deed of...
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16-6F-6
Section 16-6F-6 Authorization of establishment; Alabama Public Charter School Commission;
registration requirements; powers and duties of authorizers. (a) Eligible authorizing entities.
(1) A public charter school shall not be established in this state unless its establishment
is authorized by this section. No governmental entity or other entity, other than an
entity expressly granted chartering authority as set forth in this section, may assume
any authorizing function or duty in any form. The following entities shall be authorizers
of public charter schools: a. A local school board, for chartering of schools within the boundaries
of the school system under its jurisdiction, pursuant to state law. b. The Alabama Public
Charter School Commission, pursuant to this section. (2) A local school board that
registers as an authorizer may approve or deny an application to form a public charter school
within the boundaries of the local school system overseen by the local school board. (3) All...
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23-2-144
Section 23-2-144 Powers of the authority. (a) The authority shall have the following
powers: (1) To adopt bylaws for the regulation of its affairs and the conduct of its business.
(2) To adopt an official seal and alter the same at pleasure. (3) To maintain a principal
office and branch offices at the place or places within the state as it may designate. (4)
To sue and be sued in its own name, including suits in tort. (5) With the consent and approval
of the department, to acquire and construct toll road, bridge, or tunnel projects at locations
as the authority may determine to be desirable, practicable, and economically feasible and
to maintain, repair, and operate the projects. (6) To issue toll road, bridge, or tunnel revenue
bonds of the authority for any of its corporate purposes, payable solely from its tolls, other
revenues, and proceeds of the bonds, and to refund its bonds, all as provided in this article.
No bonds issued under the provisions of this article shall constitute a...
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