Code of Alabama

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45-29-140.06
Section 45-29-140.06 Financial powers and rights. (a) The authority organized or operating
pursuant to this article, in addition to all other powers now or hereafter granted by law,
shall have the following powers and rights: (1) To borrow money for use for any of its corporate
purposes. (2) To sell, transfer, convey, grant options to purchase, or lease all or any part
of its system or systems for such consideration and on such terms as it shall deem advisable
and in the best interest of the authority. (3) To consent and agree to the assignment or payment
of any income received from the investment of any moneys of funds of the authority to any
other public corporation or public entity including, without limitation, the county or the
State of Alabama. (4) To loan or advance its funds to any person at such, if any, interest
as it shall determine, for the purpose of financing the construction of a system or any part
thereof. (5) To contract with others for the construction of all or any...
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45-30-250.06
Section 45-30-250.06 Additional powers and rights. (a) The authority, in addition to all other
powers now or hereafter granted by law, shall have the following powers and rights: (1) To
borrow money for use for any of its corporate purposes. (2) To sell, transfer, convey, grant
options to purchase, or lease all or any part of its system or systems for consideration and
on terms deemed advisable and in the best interest of the authority. (3) To consent and agree
to the assignment or payment of any income received from the investment of any moneys or funds
of the authority to any other public corporation or public entity, including, without limitation,
the county or the state. (4) To loan or advance its funds to any person with or without interest
as it shall determine, for the purpose of financing the construction of a system or any part
thereof. (5) To contract with others for the construction of all or any part of a system or
systems. (b) The moneys held in any special fund...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-30-250.06.htm - 3K - Match Info - Similar pages

45-36-252.05
Section 45-36-252.05 Additional powers and rights. (a) The authority organized or operating
pursuant to this part, in addition to all other powers now or hereafter granted by law, shall
have the following powers and rights: (1) To borrow money for use for any of its corporate
purposes. (2) To sell, transfer, convey, grant options to purchase, or lease all or any part
of its system or systems for such consideration and on such terms as it shall deem advisable
and in the best interest of the authority. (3) To consent and agree to the assignment or payment
of any income received from the investment of any moneys or funds of the authority to any
other public corporation or public entity, including, without limitation, the county, of the
State of Alabama. (4) To loan or advance its funds to any person, at such, if any, interest
as it shall determine, for the purpose of financing the construction of a system or any part
thereof. (5) To contract with others for the construction of all or any...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-36-252.05.htm - 3K - Match Info - Similar pages

45-47-250.06
Section 45-47-250.06 Additional powers and rights. (a) The authority organized or operating
pursuant to this article, in addition to all other powers now or hereafter granted by law,
shall have the following powers and rights: (1) To borrow money for use for any of its corporate
purposes. (2) To sell, transfer, convey, grant options to purchase, or lease all or any part
of its system or systems for such consideration and on such terms as it shall deem advisable
and in the best interest of the authority. (3) To consent and agree to the assignment or payment
of any income received from the investment of any moneys or funds of the authority to any
other public corporation or public entity including, without limitation, the county or the
State of Alabama. (4) To loan or advance its funds to any person at such, if any, interest
as the authority shall determine, for the purpose of financing the construction of a system,
or any part thereof. (5) To contract with others for the construction of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-47-250.06.htm - 3K - Match Info - Similar pages

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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45-39A-11.04
Section 45-39A-11.04 Civic Center Authority - Construction, maintenance, etc., of civic center;
powers. (a) The authority shall be authorized to construct, maintain, control, operate, and
manage a civic center in the City of Florence. The authority shall be authorized to construct,
maintain, control, operate, and manage all or any of the following to be situated in the civic
center: Buildings to provide offices to be used by the State of Alabama or by any agency,
subdivision, or public corporation thereof or by the county or by one or more municipalities
thereof for any municipal purpose otherwise authorized by law and buildings to house or accommodate
public facilities of the State of Alabama or of any agency, subdivision, or public corporation
thereof or of the county or of any one or more of the municipalities for any municipal purpose
otherwise authorized by law; streets, boulevards, walkways, parkways, and parks; monuments,
statues, and other structures beautifying the civic...
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45-46-90.06
Section 45-46-90.06 Powers of the 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 which may be perpetuity,
subject to Section 45-46-90.18, specified in its certificate of incorporation. (2) To sue
and be sued in its own name in civil suits and actions, excepting actions in tort, and to
defend suits 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. (6) To make, enter into,
and execute such contracts, agreements, leases, and other instruments and to take such other
actions as may be necessary or convenient to accomplish any...
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11-58-5
Section 11-58-5 Powers of corporations generally. Each corporation formed under this chapter
shall have the following powers, together with all the powers incidental thereto or necessary
to the discharge thereof in corporate form: (1) To have succession by its corporate name for
the period specified in the certificate of incorporation (which may be in perpetuity) unless
sooner dissolved as provided in this chapter. (2) To sue and be sued and prosecute and defend
civil actions in any court having jurisdiction of the subject matter and of the parties. (3)
To have and use a corporate seal and to alter it at pleasure. (4) To acquire, whether by purchase,
exchange, lease, construction, or otherwise one or more medical clinics and any necessary
or desirable clinical facilities. a. Any municipal medical clinic shall be located either
within the corporate limits of the municipality or within 15 miles of the corporate limits,
but not within the corporate limits or police jurisdiction of any...
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11-47-14.1
Section 11-47-14.1 Construction of port facilities by Class 1 municipalities; bonds and other
contributions. (a) Legislative findings. The Legislature of Alabama finds that the Tombigbee
Waterway will soon be completed, and the transportation opportunities afforded thereby must
be fully utilized if Alabama is to benefit from economic growth and job development potential
afforded by this project, and that local governments need broader authorization to participate
in the development of river port facilities necessary to accomplish this purpose. (b) Municipalities
authorized to construct port facilities; limitations thereon. The council or other governing
body of any Class 1 municipality may alter and change the channel of any watercourse within
25 miles of such municipality and may construct and maintain wharves and construct buildings
and other improvements on and near wharves and wharf sites, within such municipality or within
25 miles of the limits thereof, and may collect wharfage...
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11-20-73
Section 11-20-73 Powers of authority; execution of contracts; disposition of funds. (a) An
agriculture authority shall have the following powers, which it may exercise in the agriculture
authority's authorized operational area: (1) To have succession by its corporate name until
dissolved as provided in this article. (2) To adopt bylaws making provisions for its actions
not inconsistent with this article. (3) To institute and defend legal proceedings in any court
of competent jurisdiction and proper venue; provided, however, that the board may not be sued
in any trial court other than the courts of the county of incorporation; provided, further,
that the officers, directors, agents, and employees of an agriculture authority may not be
sued for their actions in behalf of the authority except for actions that are unreasonable
or known by the person to be unlawful or are performed with reckless disregard for the lawfulness
of such actions. (4) To plan for construction and development of an...
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