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2-3A-53
Section 2-3A-53 Alabama Agricultural and Textile Technology Facilities Improvement Fund. The
proceeds derived from the sale of each series of the bonds issued pursuant to Section 2-3A-50
shall be paid into the State Treasury upon receipt thereof, and the State Treasurer shall
keep such proceeds, as well as all income received from the investment and reinvestment of
such proceeds (including income derived from the investment and reinvestment of previously
derived income), in a special fund in the State Treasury, designated "The Alabama Agricultural
and Textile Technology Facilities Improvement Fund," pending the expenditure of such
proceeds and income for the purposes hereinafter authorized and as required by Amendment 619.
All proceeds so deposited in the State Treasury shall be continuously invested by the State
Treasurer in investments of the same kind as those in which the State Treasurer is at the
time legally authorized to invest moneys held in the General Fund of the state, and...
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23-1-315
Section 23-1-315 Investment of funds; pledge of interest from investments. Any funds held as
the proceeds of obligations issued by the authority under this article and any funds held
by the State Treasurer in the sinking fund provided for the payment of such obligations shall
be invested in obligations of the United States of America or in certificates of deposit secured
by a deposit of obligations of the United States of America to the full amount of such certificates
of deposit, and in investment agreements, repurchase agreements, or other investment arrangements
fully collateralized by any of the foregoing, and the interest to be earned on such investment
of funds may be pledged by the authority to the payment of the principal of and interest on
the obligations issued by the authority under this article. (Acts 1976, No. 565, p. 764, §16;
Act 2014-105, p. 169, §1.)...
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23-6-4
Section 23-6-4 Proceeding to incorporate. To become a corporation, the Director of Transportation,
the State Treasurer, and the Director of Finance shall present to the Secretary of State of
Alabama an application signed by them which shall set forth: (1) The name, official designation,
and official residence of each of the applicants, together with a certified copy of the commission
evidencing each applicant's right to office; (2) The date on which each applicant was inducted
into office and the term of office of each of the applicants; (3) The name of the proposed
corporation, which shall be Alabama Industrial Access Road and Bridge Corporation; (4) The
location of the principal office of the proposed corporation, which shall be Montgomery, Alabama;
and (5) Any other matter relating to the incorporation which the applicants may choose to
insert and which is not inconsistent with this chapter or the laws of the State of Alabama.
The application shall be subscribed and sworn to by each...
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35-12-71
Section 35-12-71 Definitions. As used in this article, unless the context otherwise requires,
the following terms shall have the meanings respectively ascribed to them by this section:
(1) APPARENT OWNER. A person whose name appears on the records of a holder as the person entitled
to property held, issued, or owing by the holder. (2) BUSINESS ASSOCIATION. A corporation,
joint stock company, investment company, partnership, unincorporated association, joint venture,
limited liability company, business trust, trust company, safe deposit company, financial
organization, insurance company, mutual fund, utility, or other business entity consisting
of one or more persons, whether or not for profit. (3) DOMICILE. The state of incorporation
of a corporation and the state of the principal place of business of a holder other than a
corporation. (4) FINANCIAL ORGANIZATION. A savings and loan association, building and loan
association, industrial loan organization, credit union, cooperative bank,...
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11-54-171
Section 11-54-171 Definitions. The following words and phrases used in this article shall,
in the absence of clear implication otherwise, be given the following interpretations: (1)
APPLICANT. A person who files a written application with the governing body of any municipality
in accordance with Section 11-54-173. (2) AUTHORITY. A public corporation organized pursuant
to this article. (3) AUTHORIZING MUNICIPALITY. Any municipality the governing body of which
shall have adopted an authorizing resolution. (4) AUTHORIZING RESOLUTION. A resolution adopted
by the governing body of any municipality in accordance with Section 11-54-173, that authorizes
the incorporation of an authority. (5) BOARD. The board of directors of an authority. (6)
BONDS. Includes bonds, notes, and certificates representing an obligation to pay money. (7)
COUNTY. Any county in the state. (8) DIRECTOR. A member of the board of an authority. (9)
GOVERNING BODY. With respect to a municipality, its city or town council,...
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23-1-152
Section 23-1-152 Incorporation - Application. To become a corporation, the Director of Finance,
the Director of Transportation, the Attorney General, the State Treasurer and the Executive
Secretary to the Governor shall present to the Secretary of State of Alabama an application
signed by them which will set forth: (1) The name, official designation and official residence
of each of the applicants, together with a certified copy of the commission evidencing each
applicant's right to office; (2) The date on which each applicant was inducted into office
and the term of office of each of the applicants; (3) The name of the proposed corporation,
which shall be Alabama Highway Authority; (4) The location of the principal office of the
proposed corporation; and (5) Any other matter relating to the incorporation which the applicants
may choose to insert and which is not inconsistent with this article or the laws of the State
of Alabama. The application shall be subscribed and sworn to by each...
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41-10-53
Section 41-10-53 Authority and procedure for incorporation of authority; members, officers
and directors of authority; reduction to writing, recordation and admissibility in evidence
of proceedings of board of directors. (a) The Director of Finance, the Secretary of the Alabama
Department of Commerce, the State Treasurer and the Executive Secretary to the Governor are
hereby authorized to become a corporation, with the powers and authorities provided for in
this article, by proceeding according to the provisions hereinafter outlined in this article.
To become a corporation, the Director of Finance, the Secretary of the Alabama Department
of Commerce, the State Treasurer and the Executive Secretary to the Governor shall present
to the Secretary of State of Alabama an application signed by them which shall set forth:
(1) The name, official designation and official residence of each of the applicants, together
with a certified copy of the commission evidencing each applicant's right to...
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41-10-543
Section 41-10-543 Application for incorporation. (a) To become the public corporation herein
authorized, the Governor, the State Treasurer, and the Director of Finance shall present to
the Secretary of State of Alabama an application signed by them which shall set forth all
of the following: (1) The name, official designation, and official residence of each of the
applicants, together with a certified copy of the commission evidencing each applicant's right
to office. (2) The date on which each applicant was inducted into office and the term of office
of each applicant. (3) The name of the proposed public corporation, which shall be "Alabama
Incentives Financing Authority." (4) The location of the principal office of the proposed
corporation, which shall be in the City of Montgomery. (b) The applicants may also include
in the application any other matters which are not inconsistent with this division or with
any of the other laws of the state. The application shall be subscribed and...
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16-18B-3
Section 16-18B-3 Authorization and procedure for incorporations; application. The Governor,
the Lieutenant Governor, the Speaker of the House of Representatives, the State Treasurer,
and the Director of Finance of the state may become a corporation, with the powers and authorities
hereinafter provided, by proceeding according to the provisions of this article. To become
a corporation, the Governor, the Lieutenant Governor, the Speaker of the House of Representatives,
the State Treasurer, and the Director of Finance shall present to the Secretary of State of
Alabama an application signed by them which shall set forth: (1) The name, official designation
and official residence of each of the applicants, together with a certified copy of the commission
evidencing each applicant's right to office; (2) The date on which each applicant was inducted
into office and the term of office of each of the applicants; (3) The name of the proposed
corporation, which shall be the Alabama Forensic...
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41-10-469
Section 41-10-469 Use of proceeds of refunding bonds. The proceeds of refunding bonds shall
be applied, together with any other moneys legally available therefor, to the payment of the
expenses authorized by this article and to the payment of the principal of, premium, if any,
and interest due and to become due on any outstanding bonds to be refunded thereby and, if
so required by resolution of the authority, shall be deposited in the State Treasury in an
interest account to pay interest on refunding bonds, and in the State Treasury in a reserve
account to further secure the payment of the principal of, premium, if any, and interest on
any refunding bonds. The expenses authorized by this article shall include, in addition to
expenses authorized by other sections hereof, all expenses that the board of directors may
deem necessary or advantageous in connection with the sale and issuance of such refunding
bonds, including without limitation, the expenses of selling and issuing such...
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