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11-62-1
Section 11-62-1 Definitions. (a) 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) AUTHORITY.
Any public corporation organized pursuant to this chapter. (2) AUTHORIZED PURPOSE OBLIGATION.
The term includes either of the following: a. Any lease, note, installment sale contract,
or any other obligation of a user, whether general or special, which was entered into, made,
assumed, or otherwise incurred by the user, in whole or in part, for the purpose of financing
the acquisition or ownership of one or more facilities, for the purpose of obtaining funds
with which to operate one or more facilities or for any combination of those purposes. b.
Any obligation of any kind which was entered into, made, assumed, or otherwise incurred by
the United States of America or any department, agency, or instrumentality...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-62-1.htm - 7K - Match Info - Similar pages
11-92B-4
Section 11-92B-4 Application of incorporation. (a) The written application of the incorporators
shall be filed with the judge of probate, which application shall do all of the following:
(1) Contain a statement that the incorporators propose to incorporate an authority pursuant
to this chapter. (2) State the operational area of the proposed authority. (3) State that
each of the incorporators is a resident of the county of incorporation or a municipality whose
corporate limits lie in whole or in part within the operational area of the proposed authority.
(4) Request that the governing body of the county of incorporation adopt a resolution declaring
that it is expedient that the proposed authority be formed, approving the written application,
and authorizing the incorporators to proceed to form the proposed authority by filing for
record articles in accordance with this chapter. (5) Request that the governing body of each
municipality whose corporate limits lie in whole or in part within...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-92B-4.htm - 3K - Match Info - Similar pages
22-21-326
Section 22-21-326 Securities issued under article as legal investments. Securities issued under
the provisions of this article are hereby made legal investments for savings banks and insurance
companies organized under the laws of the state. Unless otherwise directed by the court having
jurisdiction thereof or the document that is the source of authority, a trustee, executor,
administrator, guardian or one acting in any other fiduciary capacity may, in addition to
any other investment powers conferred by law and with the exercise of reasonable business
prudence, invest trust funds in securities of an authority. The governing body of any authorizing
subdivision (or any county or municipality in which any health care facilities of an authority
may be situated) is authorized, in its discretion, to invest in securities of such authority
any idle or surplus money held in its treasury which is not otherwise earmarked or pledged.
(Acts 1982, No. 82-418, p. 629, ยง17.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-21-326.htm - 1K - Match Info - Similar pages
11-89-4
Section 11-89-4 Filing of certificate of incorporation, copies of resolutions of governing
bodies, etc., with probate judge; contents and execution of certificate of incorporation;
notification of Secretary of State of recordation of certificate of incorporation by probate
judge. (a) Within 40 days following the adoption of an authorizing resolution or, in the event
an application was filed with more than one governing body within 40 days following the adoption
of an authorizing resolution by that governing body that was the last to adopt an authorizing
resolution, but if and only if each other governing body with whom such application was filed
has theretofore adopted an authorizing resolution, the applicants shall proceed to incorporate
a district by filing for record in the office of the judge of probate of the county in which
the principal office of the district is to be located, as specified in the certificate of
incorporation provided for in this section, a certificate of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-89-4.htm - 6K - Match Info - Similar pages
16-18-1
Section 16-18-1 Definitions. For the purposes of this chapter, the following words and phrases
shall have the following respective meanings: (1) ANCILLARY IMPROVEMENTS. Educational and
related facilities of every kind including, but without limitation to, classrooms, scientific
and other laboratories, libraries, auditoriums, gymnasiums, cafeterias, dining rooms, dormitories,
student and faculty apartments, student union buildings, recreational and social facilities,
student and faculty infirmaries and clinics and facilities for washing, laundering and cleaning
clothing and fabrics of every kind, or any combination of any thereof, and shall also include
equipment and furniture and fixtures used or useful in educational and related facilities
of every kind. Nothing herein shall be construed as authorizing the construction of buildings
for primarily commercial purposes. (2) APPLICANT. A natural person who files a written application
with the governing body of any municipality in...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-18-1.htm - 5K - Match Info - Similar pages
45-49A-64.03
Section 45-49A-64.03 Filing of application; authorization of incorporation. (a) A public corporation
may be organized pursuant to this part in any municipality having a population of not less
than 175,000 nor more than 250,000 according to the last or any subsequent federal decennial
census. In order to incorporate such a public corporation, any number of natural persons,
not less than three, shall first file a written application with the governing body of the
municipality which application shall do all of the following: (1) Contain a statement that
the authority proposes to render public transportation service in such county. (2) State the
proposed location of the principal office of the authority, which shall be within the municipality
where such application is filed. (3) State that each of the applicants is a duly qualified
elector of the municipality where such application is filed (4) Request that such governing
body adopt a resolution declaring that it is wise, expedient, and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-49A-64.03.htm - 2K - Match Info - Similar pages
37-13-1
Section 37-13-1 Definitions. When used in this chapter, unless the context plainly indicates
otherwise, the present tense shall include the future tense, the singular shall include the
plural, the plural shall include the singular and the following words and phrases shall have
the meanings respectively ascribed to them by this section. (1) ADDITIONAL RAIL SERVICE AREA.
Any territory that is outside the boundaries or corporate limits, as the case may be, of any
of its authorizing subdivisions and that the governing body of the county, and of any city
or town, in which such territory is located has by resolution designated as an area in which
the authority may render rail transportation service. (2) AUTHORITY. Any public corporation
organized pursuant to this chapter or any law amendatory thereof or supplemental thereto.
(3) AUTHORIZING SUBDIVISION. Any county, city, or town in this state in which there are located
railroad properties and facilities and whose governing body receives an...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/37-13-1.htm - 3K - Match Info - Similar pages
11-65-4
Section 11-65-4 Elections required to approve incorporation of commission and conduct of racing
and pari-mutuel wagering thereon. (a) No commission shall be incorporated for a Class 1 municipality
and no horse racing or greyhound racing or pari-mutuel wagering thereon shall be permitted
in such municipality pursuant to this chapter unless the incorporation of such commission,
together with the conduct of horse racing and pari-mutuel wagering thereon or greyhound racing
and pari-mutuel wagering thereon or both such activities, shall have been authorized by an
election held in the host county in which such incorporation and such racing and wagering
activities shall have been approved by both (i) a majority of the votes cast in such election
by voters who reside in the host county (including those voters who reside in the sponsoring
municipality) and (ii) a majority of the votes cast in such election by voters who reside
in the commission municipal jurisdiction. In order to authorize the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-65-4.htm - 13K - Match Info - Similar pages
11-92A-6
Section 11-92A-6 Reincorporation. (a) In all cases where there has heretofore been an attempt
to create or incorporate an industrial development authority or industrial development board,
but the attempted creation or incorporation is or may be invalid because of some irregularity
in the procedure followed or some invalidity of or defects in the statute under which the
attempted creation or incorporation of the authority or board was made, any number of natural
persons, not less than three, residing in the county in which the board or authority was incorporated
or purported to be incorporated may file a written application with the probate judge of the
county in which the industrial development authority or industrial development board has been
incorporated or attempted to be created or incorporated, which application shall: (1) Contain
a statement that the incorporators propose to reincorporate an authority pursuant to the provisions
of this chapter; (2) State the authorized...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-92A-6.htm - 5K - Match Info - Similar pages
11-92C-4
Section 11-92C-4 Procedure to incorporate; contents and execution of certificate of incorporation.
(a) Within 40 days following the adoption of the authorizing resolution, the applicants shall
proceed to incorporate the authority by filing for record in the office of the judge of probate
of the county in which the proposed local redevelopment area is located a certificate of incorporation
which shall comply in form and substance with the requirements of this section and which shall
be in the form and executed in the manner provided in this section. (b) The certificate of
incorporation of an authority shall state all of the following: (1) The names of the persons
forming the authority, and that each of them is a duly qualified elector residing in the authorizing
subdivision. (2) The name of the authority, which shall include the local redevelopment authority.
(3) A general description of the proposed project. (4) The period for the duration of the
authority; subject to Section...
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