11-92B-1
Section 11-92B-1 Definitions. When used in this chapter, the following words and terms shall have the following meanings, respectively, unless the context clearly indicates otherwise: (1) ARTICLES. The articles of incorporation of an authority. (2) AUTHORITY. A public corporation incorporated pursuant to this chapter. (3) BOARD. The board of directors of an authority. (4) BOND or BONDS. A bond or bonds issued under this chapter. (5) COUNTY OF INCORPORATION. The county in which an authority has been or is proposed to be incorporated. (6) DIRECTORS. The members of the board of directors. (7) INCORPORATORS. The natural persons filing a written application for the incorporation of an authority pursuant to this chapter. (8) JUDGE OF PROBATE. The judge of probate of the county of incorporation of an authority. (9) MILITARY INSTALLATION. A federal military fort, base, camp, post, station, yard, depot, arsenal, armory, or installation. (10) OPERATIONAL AREA. The parcels of realty within a...
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11-99A-4
Section 11-99A-4 Establishment of districts. (a) One or more owners of land wishing to form a district in a municipality or a county may petition the municipality or county to form a district as follows: (1) The owners shall prepare a written petition executed by the owners of all land proposed to be included within the district. (2) The petition shall include a description of the tract or tracts of land proposed to be included within the district, which may include less than all of any individual tract of land. The description shall be sufficient if it refers to tax assessment tracts in accordance with the tax assessor's numbering or other reference system, by metes and bounds, by subdivision lot, by reference to recorded deeds, or by other reasonable reference method. (3) The petition shall include a map or plat of the proposed district, showing that, if the district is created, (i) with respect to a petition being submitted to a municipality, the land will be contiguous with land...
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2-10-101
Section 2-10-101 How federation organized and managed. Five or more associations or corporations organized under this article, or whose purposes and operations are in any way promotive of, and not inconsistent with, the purposes of this article, whether incorporated under this article or not, may organize and incorporate a federation with such incorporated associations as members thereof, such incorporated federation to be managed by a board of directors to be composed of representatives of such constituent member associations. The articles of association and incorporation for such federation shall contain the names of the constituent member associations, and the signatures thereto shall be those of an executive officer of each of the constituent associations. The other procedure and details of incorporation shall be the same as provided in this article for the incorporation of the constituent incorporated associations, and the organization meeting and adoption of bylaws shall be by...
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9-9-14
Section 9-9-14 Board of water management commissioners - Composition; qualifications, appointment, terms of office, oath and bond of commissioners; seal; officers and employees generally; meetings; vacancies; quorum. Upon the organization of the district, the court of probate shall appoint three water management commissioners to be designated "Board of Water Management Commissioners," who shall have control of the affairs of the district, and each commissioner shall be an owner of real property within the district and shall be over 19 years of age, and at least one of them shall be a resident of the county in which the proceedings are held. Whenever the owners of a majority in acres of the land comprising a district petition the court for appointment of a person qualified under this article to act as a water management commissioner, it shall be the duty of the court to appoint such person or persons, but in the absence of such petition it shall be the duty of the court to appoint such...
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11-50-395
Section 11-50-395 Board of directors - Powers generally; resolutions. (a) The board of directors shall constitute the governing body of the district. The board shall do all things necessary or convenient in acquiring, owning, operating, developing, and improving the gas system or systems owned or to be owned by the district and shall exercise all the powers of the district including but not limited to the following powers: (1) To adopt and amend bylaws for the management and regulation of its affairs and the enterprises in which it is engaged; (2) To use, with the consent of any of its member municipalities, the agents, employees, or facilities or property of such municipalities and to provide for the payment of the agreed proportion of the costs therefor; (3) To appoint officers, agents, and employees, including attorneys, and to fix their compensation; (4) To contract with any person, firm, or corporation for the entire supervision, operation, and management of any one or more...
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11-54A-2
Section 11-54A-2 Definitions. The following words and phrases used in this chapter, and others evidently intended as the equivalent thereof, in the absence of clear implication herein otherwise, shall be given the following respective interpretations herein: (1) APPLICANT. A natural person who files a written application with the governing body of any city in accordance with Section 11-54A-4. (2) AUTHORITY. Any redevelopment authority organized pursuant to this chapter. (3) AUTHORIZING RESOLUTION. A resolution adopted by the governing body of any city in accordance with Section 11-54A-4, that authorizes the corporation of the authority. (4) BOARD. The board of directors of the authority. (5) BONDS. Shall include bonds, notes, and certificates representing an obligation to pay money. (6) CITY. Any incorporated city or town in the State of Alabama with respect to which a redevelopment authority may be organized. (7) DIRECTOR. A member of the board of the authority. (8) DEVELOPMENT AREA....
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10A-2-12.01
Section 10A-2-12.01 Sale of assets in regular course of business and mortgage of assets. REPEALED IN THE 2019 REGULAR SESSION BY ACT 2019-94 EFFECTIVE JANUARY 1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. (a) Subject to the limitations of the Constitution of Alabama of 1901, as the same may be amended from time to time, a corporation may, on the terms and conditions and for the consideration determined by the board of directors: (1) Sell, lease, exchange, or otherwise dispose of all, or substantially all, of its property in the usual and regular course of business; (2) Mortgage, pledge, dedicate to the repayment of indebtedness, whether with or without recourse, or otherwise encumber any or all of its property whether or not in the usual and regular course of business; or (3) Transfer any or all of its property to a corporation all the shares of which are owned by the corporation. (b) Unless the articles of incorporation require it, approval by the shareholders of a transaction...
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45-25-250.03
Section 45-25-250.03 Board of directors. The board of directors shall consist of seven directors that shall be appointed by the members of the state Legislature that represent all or any portion of DeKalb County for terms of four years. Provided, however, that initial appointments, as designated by the appointing authority, shall be made so that two directors shall serve for two years, two directors for three years, and three directors for four years, so that the terms of the directors are staggered. All directors shall serve until their successors are appointed and assume office. As soon as may be practicable after the organization of the authority, an election shall be held by the board of directors to elect a chair, vice chair, and a secretary-treasurer. Every two years thereafter, the board shall likewise reorganize itself. No chair or other board officer shall serve more than two consecutive terms as chair or other board officer. Upon the expiration of the initial terms, directors...
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2-10-99
Section 2-10-99 Powers of association. An association incorporated under this article shall have the power to: (1) Contract and be contracted with; (2) Borrow and lend money; (3) Issue notes, bonds and other obligations and secure the payment of the same by mortgage or otherwise; (4) Buy, contract for, own, sell, convey, pledge, mortgage and otherwise have, use and dispose of property of all kinds, insofar as not prohibited by law; (5) Promote and carry out the purpose of this article to market the agricultural products of its members, cooperatively in pools or otherwise and collect for the same; (6) Purchase such products from its members; (7) Advance money upon such products to its members; (8) Act as agents for its members; (9) Process, condition, pack, store and otherwise safeguard, care for and make ready for market the agricultural products of its members; (10) Purchase for and distribute to its members and purchase and sell to its members seed, plants, fertilizers, machinery,...
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45-23A-91.01
Section 45-23A-91.01 Definitions. The following words and phrases used in this part, and others evidently intended as the equivalent thereof, shall, in the absence of clear implication otherwise, be given the following respective interpretations: (1) APPLICANT. A natural person who files a written application with the governing body of the city in accordance with Section 45-23A-91.03. (2) AUTHORITY. The Ozark Downtown Redevelopment Authority, a public corporation organized pursuant to this part. (3) AUTHORIZING RESOLUTION. A resolution adopted by the governing body of the city in accordance with Section 45-23A-91.03, that authorizes the corporation of the authority. (4) BOARD. The board of directors of the authority. (5) BONDS. Includes bonds, notes, and certificates representing an obligation to pay money. (6) CITY. The City of Ozark, Alabama. (7) DIRECTOR. A member of the board of the authority. (8) DOWNTOWN DEVELOPMENT AREA. The central business district of the city as described in...
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