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45-36-252.06
Section 45-36-252.06 Bonds of the authority; obligations. (a) In addition to all other powers
now or hereafter granted by law, the authority shall have the following powers, together with
all powers incidental thereto or necessary to the discharge thereof in corporate form: (1)
To sell and issue bonds of the authority in order to provide funds for any corporate function,
use, or purpose, any such bonds to be payable solely out of one or more of the following:
a. Any or all proceeds or receipts from the privilege, license, or excise tax levied on the
sale, distribution, storage, use, or consumption of tobacco and certain tobacco products in
Jackson County by Section 45-36-247. b. Any or all proceeds from any tax received by the Jackson
County Commission which are required by law to be deposited to the credit of the Jackson County
Water Authority. c. The revenues derived from any water, sewer, or garbage system or facility
of the authority. (2) To pledge for payment of any bonds issued...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-36-252.06.htm - 13K - Match Info - Similar pages
16-25-14
Section 16-25-14 Retirement of members; benefits generally. (a)(1) Any Tier I plan member who
withdraws from service upon or after attainment of age 60 and any Tier II plan member who
withdraws from service upon or after attainment of age 62, or in the case of a Tier II plan
member who is a correctional officer, firefighter, or law enforcement officer as defined in
Section 36-27-59, who withdraws from service upon or after attainment of age 56 with at least
ten years of creditable service as a correctional officer, firefighter, or law enforcement
officer may retire upon written application to the Board of Control setting forth at what
time, not less than 30 days nor more than 90 days subsequent to the execution and filing thereof,
he or she desires to be retired; provided, that any such member who became a member on or
after October 1, 1963, shall have completed 10 or more years of creditable service. (2) Any
Tier I plan member who has attained age 60 and any Tier II plan member who...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-25-14.htm - 23K - Match Info - Similar pages
33-12-5
Section 33-12-5 Powers, duties and functions. The powers, duties and functions of the agency
shall be as follows: (1) GENERALLY. The agency a. Shall have perpetual succession in its corporate
name. b. May sue and be sued in its corporate name. c. May adopt, use and alter a corporate
seal, which shall be judicially noticed. d. May enter into such contracts and cooperative
agreements with the federal, state and local governments, with agencies of such governments,
with private individuals, corporations, associations, trusts and other organizations as the
board may deem necessary or convenient to enable it to carry out the purposes of this chapter,
including the planned, orderly residential development of the area. e. May adopt, amend and
repeal bylaws. f. May appoint such managers, officers, employees, attorneys and agents as
the board deems necessary for the transaction of its business, fix their compensation, define
their duties, require bonds of such of them as the board may...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/33-12-5.htm - 18K - Match Info - Similar pages
11-95-7
Section 11-95-7 Powers of corporation. In addition to all other powers granted elsewhere in
this chapter, a corporation 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 the provisions
of Section 11-95-19) specified in its certificate of incorporation; (2) To sue and be sued
in its own name in civil suits and actions, 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, construct, equip,
enlarge, improve, maintain, and operate hospital facilities in the authorizing county and
to do all things necessary to that end; (6) To receive, acquire, take and hold, whether by
purchase, gift, lease, devise, or otherwise, real and personal property...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-95-7.htm - 5K - Match Info - Similar pages
36-27-16
Section 36-27-16 Retirement, etc., of employees; retirement allowances. (a)(1) RETIREMENT,
ETC., OF EMPLOYEES GENERALLY; ELIGIBILITY FOR SERVICE RETIREMENT BENEFITS. a. Any Tier I plan
member who withdraws from service upon or after attainment of age 60 and any Tier II plan
member who withdraws from service upon or after attainment of age 62 may retire upon written
application to the Board of Control setting forth at what time, not less than 30 days nor
more than 90 days subsequent to the execution and filing thereof, he or she desires to be
retired; provided, that any such member who became a member on or after October 1, 1963, shall
have completed 10 or more years of creditable service; provided further, that a Tier I plan
member employed as a state policeman shall be eligible to file application for service retirement
upon attaining age 52 and a Tier II plan member employed as a state policeman or employed
as a correctional officer, firefighter, or law enforcement officer as defined...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-16.htm - 34K - Match Info - Similar pages
44-1-7
Section 44-1-7 Alabama Boys Industrial School, Alabama Training School for Girls and Alabama
Industrial School - Donations and endowment funds. In order to make provision for the proper
preservation and application of donations from private sources by gift, devise or otherwise,
heretofore made to the board of trustees of the Alabama Boys Industrial School, the board
of trustees of the Alabama Training School for Girls or the board of trustees of the Alabama
Industrial School for the uses and purposes intended by the private donors and in order to
encourage future donations from private sources by way of gift, devise or otherwise to said
schools and assure prospective private donors of the use thereof at the particular school
or schools designated as the object of donations and to prohibit the diversion of past and
future donations to said schools from the uses and purposes for which the same were made,
the advisory board of each school is authorized and empowered to serve as trustee or...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/44-1-7.htm - 3K - Match Info - Similar pages
9-2-20.1
Section 9-2-20.1 Game and Fish Fund - Alabama Game and Fish Endowment Fund created as special
account; administration; restrictions; use of income. (a) There is hereby created within the
Game and Fish Fund a special account to be known as the Alabama Game and Fish Endowment Fund.
The assets of said fund shall consist of the following: (1) The proceeds from the sale of
the lifetime hunting, lifetime fishing, and combination lifetime hunting and fishing licenses
provided in subsections (a) through (c) of Section 9-11-65; (2) The proceeds of any gifts,
grants and contributions to the state which are specifically designated for inclusion in said
fund; and (3) Such other sources as may be specified by law. (b) The Alabama Game and Fish
Endowment Fund shall be administered by a board of trustees consisting of the Director of
Finance, the Secretary-Treasurer of the State Employees' Retirement System and the Commissioner
of the Department of Conservation and Natural Resources. Said board of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/9-2-20.1.htm - 2K - Match Info - Similar pages
11-62-12
Section 11-62-12 Establishment and maintenance of special debt service reserve funds, etc.
Any authority may establish and maintain one or more special debt service reserve funds and
such other special fund or funds as may be necessary or desirable for its corporate purposes
and may pay into each such fund any moneys contributed or granted to such authority for the
purpose of such fund by any governmental or public entity or any private party, any proceeds
from the sale of bonds or notes to the extent provided in the resolution adopted by the board
of such authority authorizing the issuance of such bonds or notes and any other moneys which
may be made available to such authority for the purpose of such fund from any other source
or sources. (Acts 1979, No. 79-332, p. 506, ยง9.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-62-12.htm - 1K - Match Info - Similar pages
11-54-126
Section 11-54-126 Legislative findings and intent. (a) The Legislature hereby finds and declares
all of the following: (1) That industrial development boards have been, and may hereafter
be, organized, under the provisions of either industrial development board act, to promote
industry, develop trade, and further the use of the agricultural products and natural and
human resources of the State of Alabama and the development and preservation of such resources.
(2) That in order to enable all industrial development boards to act more effectively to promote
both the establishment of new business, manufacturing, industrial, commercial, service, and
research enterprises, and the expansion of such enterprises already existing in Alabama, it
is advisable that they be empowered to receive, manage, use, and expend contributions from
private sources that are separate from and in addition to any other moneys or other properties
that such boards are empowered by law to expend or to own. (3) That...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-54-126.htm - 2K - Match Info - Similar pages
22-21-323
Section 22-21-323 Source of payment; security. (a) Securities issued by an authority shall
not be general obligations of the authority but shall be payable solely out of the revenues
from any health care facilities or other properties or assets (including, without limitation,
proceeds from such securities, investment income and insurance and condemnation proceeds)
owned or operated by it and the proceeds of any hospital tax appropriated, apportioned or
allocated to it or for its benefit, or any portion of either thereof, all as may be provided
or specified in the resolution of the board authorizing such securities or the indenture under
which issued. The principal of and interest (and premium, if any) on any securities issued
by the authority shall be secured by a pledge of the revenues or taxes (or both) out of which
the same are payable and may be secured by a trust indenture evidencing such pledge or by
a foreclosable mortgage, mortgage indenture or mortgage and trust indenture...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-21-323.htm - 4K - Match Info - Similar pages
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