Code of Alabama

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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

45-36A-104
Section 45-36A-104 Electric power board. (a) As used in this section the words electric board
shall mean the Electric Power Board of the City of Scottsboro, Alabama, in Jackson County,
a corporation organized under Title 37, Section 402 (15), and existing under the authority
of Sections 11-50-310 et al. (b) In addition to all other powers, rights, and authority heretofore
granted by law: (1) The electric board is hereby authorized and empowered to acquire, purchase,
construct, lease, operate, maintain, enlarge, extend, and improve a community antenna television
system, CATV, which may be defined, without limiting the generality, as a facility that in
whole or in part, receives directly, or indirectly, or over the air, and amplifies or otherwise
modifies the signal transmitting programs broadcast by one or more television or radio stations
from any point within this state or any other state and distributes such signals by wire or
cable or any other means to subscribing members of the...
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45-16A-20.01
Section 45-16A-20.01 Authority to operate cable, telecommunications, etc., systems. In addition
to all other power, rights, and authority heretofore granted by law, the City of Elba in Coffee
County and municipal instrumentalities of the City of Elba may acquire, establish, purchase,
construct, maintain, enlarge, extend, lease, improve, and operate cable systems, telecommunications
equipment and telecommunications systems, and furnish cable service, interactive computer
service, and Internet access and other Internet services and telecommunications service, or
any combination thereof, to the inhabitants of the municipality and surrounding territory.
Notwithstanding any other provision of this article, the City of Elba in Coffee County and
municipal instrumentalities of the City of Elba may furnish to the inhabitants of the City
of Elba and surrounding territory: Internet access and other Internet services; meter reading
services; appliance, equipment, or facilities monitoring; alarm...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-16A-20.01.htm - 4K - Match Info - Similar pages

11-101A-8
Section 11-101A-8 Powers of authority. (a) In addition to all other powers granted elsewhere
in this chapter, and subject to the express provisions of its certificate of incorporation,
an 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 in perpetuity, specified in its certificate of
incorporation, or until dissolved as provided in Section 11-101A-24. (2) To sue and be sued
in its own name in civil suits and actions, and to defend suits and actions against it, subject,
however, to Chapter 93 of this title, which chapter is hereby made applicable to the authority.
(3) To adopt, alter, amend, and repeal bylaws, regulations, and rules for the regulation and
conduct of its affairs and business. (4) To adopt and make use of a corporate seal and to
alter the same at pleasure. (5) To acquire, whether by purchase,...
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11-50B-3
Section 11-50B-3 Permitted activities by public providers; lease of equipment by municipal
governing bodies. In addition to all other power, rights, and authority heretofore granted
by law, public providers may acquire, establish, purchase, construct, maintain, enlarge, extend,
lease, improve, and operate cable systems, telecommunications equipment and telecommunications
systems, and furnish cable service, interactive computer service, Internet access, other Internet
services, and advanced telecommunications service, or any combination thereof, in the case
of a public provider that is a municipality, to the inhabitants of the municipality and police
jurisdiction, the area within the territorial jurisdiction of the municipal planning commission
determined in accordance with the provisions of Section 11-52-30, as amended, and any area
in which the municipality furnishes or sells any utility, such as electricity, gas, water,
or sewer, and in the case of a public provider that is a...
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22-21-318
Section 22-21-318 Powers of authority. (a) In addition to all other powers granted elsewhere
in this article, and subject to the express provisions of its certificate of incorporation,
an 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 in perpetuity, specified in its certificate of
incorporation or until dissolved as provided in Section 22-21-339; (2) To sue and be sued
in its own name in civil suits and actions, and to defend suits and actions against it, including
suits and actions ex delicto and ex contractu, subject, however, to the provisions of Chapter
93 of Title 11, which chapter is hereby made applicable to the authority; (3) To adopt and
make use of a corporate seal and to alter the same at pleasure; (4) To adopt, alter, amend
and repeal bylaws, regulations and rules, not inconsistent with the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-21-318.htm - 12K - Match Info - Similar pages

45-37-90.08
Section 45-37-90.08 Authority to borrow money; promissory notes. Each civic center authority
heretofore or hereafter incorporated in any county having a population of more than 500,000,
according to the last or any subsequent federal census, pursuant to Sections 45-37-90 to 45-37-90.07,
inclusive, is hereby granted the power and authority, in addition to the power and authority
heretofore granted by act of the Legislature or by amendment to the constitution, to borrow
money from time to time for any corporate purpose and to issue its negotiable promissory note
or notes to mature not later than three years from date of issue, as evidence of its obligation
to repay the money so borrowed, with interest thereon, such notes to be payable solely (1)
from one or more of the sources from which bonds authorized by Sections 45-37-90 to 45-37-90.07,
inclusive, or by Amendment 280 to the Constitution of Alabama of 1901, are payable and, if
the note or notes shall be issued to provide funds for a...
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45-39-250.01
Section 45-39-250.01 Authority to operate cable, telecommunication, etc., systems. In addition
to all other power, rights, and authority heretofore granted by law, municipalities and municipal
instrumentalities in Lauderdale County may acquire, establish, purchase, construct, maintain,
enlarge, extend, lease, improve, and operate cable systems, telecommunications equipment,
and telecommunications systems, and furnish cable service, interactive computer service, and
Internet access and other Internet services and telecommunications service, or any combination
thereof, to the inhabitants of the municipality and surrounding territory. Notwithstanding
any other provision of this part, municipalities and municipal instrumentalities in Lauderdale
County may furnish to the inhabitants of the municipality in Lauderdale County and surrounding
territory: Internet access and other Internet services; meter reading services; appliance,
equipment, or facilities monitoring; alarm monitoring service...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-39-250.01.htm - 3K - Match Info - Similar pages

14-2-12
Section 14-2-12 Bonds - Authorization. (a) For the purpose of providing funds for the acquisition
of sites, for the construction, reconstruction, alteration and improvement of facilities,
for the procurement and installation of equipment therefor and for payment of obligations
incurred and the principal of and interest on any temporary loans made for any of the said
purposes, the authority is hereby authorized, from time to time, to sell and issue, in addition
to all bonds heretofore authorized to be issued by the authority, its bonds in such aggregate
principal amounts as may be determined by the corporation to be necessary for the said purposes
but not to exceed $25,000,000, plus an additional seven million five hundred thousand dollars
($7,500,000) pursuant to Act 97-950, in aggregate principal amount. (b) In addition to the
authorization provided in subsection (a), the authority is hereby authorized, from time to
time, to sell and issue its bonds in amounts determined by the...
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27-30-5
Section 27-30-5 Authorization to act as, or for, association - Requirements. No person shall
hereafter be authorized or hold authority to transact business in this state as a mutual aid
association unless it is otherwise in compliance with this chapter and meets the following
requirements: (1) Must be a corporation heretofore or hereafter lawfully formed under the
laws of the State of Alabama; (2) If a stock corporation, and except as provided in Section
27-30-6, must have and maintain unimpaired paid-in capital stock of not less than $50,000.00
and, if newly organized, must have, in addition when first so authorized, a paid-in surplus
of not less than $75,000.00; (3) If a mutual corporation, and except as provided in Section
27-30-6, must have applications for benefits and paid-in fees, dues, assessments, or contributions,
if required under Section 27-30-27, and must thereafter have and maintain unimpaired surplus
funds, representing the excess of its admitted assets over all its...
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