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41-16A-10
Section 41-16A-10 Reliance of grantor party on legal authority of entity. Any grantor party
and each person claiming by, through, or under a grantor party may conclusively rely on the
legal authority of a governmental entity to enter into an alternative financing contract and
to perform the obligations of such governmental entity thereunder. (Acts 1993, No. 93-261,
p. 389, §10.)...
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41-16A-4
Section 41-16A-4 Authorization to utilize alternative financing contracts; scope of contracts.
In addition to and not as a limitation upon other powers and authority, any governmental entity
shall have the power and authority to execute, perform, and authorize payments under any alternative
financing contract relating to any eligible property deemed by such governmental entity to
be necessary, useful, or appropriate to one or more lawful purposes of such governmental entity.
Any alternative financing contract may provide financing or a source of funds for any or all
costs of acquiring (by lease, purchase, lease-purchase, or otherwise), installing, equipping,
and/or improving any eligible property and for any or all associated costs, fees, and expenses
(including, without limitation, finance charges). (Acts 1993, No. 93-261, p. 389, §4.)...
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41-16A-9
Section 41-16A-9 Construction. To the extent of any conflict or inconsistency between any provisions
of this chapter and any provisions of any other law as applied to alternative financing contracts
entered into in accordance with this chapter, the provisions of this chapter shall prevail
and control. Subject to the immediately preceding sentence, this chapter does and shall be
construed to provide an additional and alternative method for the doing of the things authorized
hereby and shall be regarded as supplemental and additional to other laws. Any governmental
entity may use the provisions of any other law, not in conflict with the provisions of this
chapter, to the extent convenient or necessary to carry out any power or authority, express
or implied, granted by this chapter. Nothing contained in this chapter shall exempt any governmental
entity from the requirements, if applicable, of Section 41-4-115, as amended. (Acts 1993,
No. 93-261, p. 389, §9.)...
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45-41-83.10
Section 45-41-83.10 Authority of board. The board shall be vested with all authority necessary
to implement the purposes of this part, including, but not limited to, the authority necessary
to do all of the following: (1) Create or remove employment positions, set or alter pay scales,
employ, direct, regulate, supervise, and dismiss personnel, and obtain fidelity bonds for
the faithful performance of the duties of personnel. Any employment practices shall be in
accordance with applicable state and federal law. (2) Provide support and administrative services
for Lee County court referral officer programs, drug courts, district court probation, and
other alternative sentencing programs. The services may include, but not be limited to, providing
drug and alcohol evaluation, assessments, treatment, case management, personnel, drug and
alcohol testing, drug and alcohol testing equipment, electronic monitoring, alcohol monitoring,
and supervision of those participating in the program. (3)...
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41-10-653
Section 41-10-653 Powers of the authority. The authority shall have, in addition to all powers
heretofore granted to the authority pursuant to Division 1, the following powers: (1) To sell
and issue the bonds authorized herein for the purposes specified herein. (2) To pledge the
pledged revenues as security for the payment of the bonds. (3) To acquire any real or personal
property and to convey the same to the company or to any local governmental entity with or
without consideration. (4) To lease any real or personal property to the company or to any
local governmental entity for use in any part of the project. (5) To mortgage any part of
the project as security for the bonds. (6) To make, enter into, and execute contracts, agreements,
or other instruments necessary to acquire or construct capital improvements to any part of
the project. (7) To incur ancillary costs, project costs and training costs and to pay for
the same out of proceeds of the bonds, subject to the provisions of...
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16-17A-10
Section 16-17A-10 Indebtedness. (a) An authority from time to time may borrow money or incur
indebtedness and issue bonds, notes, or other evidence of indebtedness in such principal amounts
as the board determines by resolution to be necessary, desirable, and in the best interests
of the authority in order to provide funds to carry out its corporate powers. Indebtedness
may be incurred for any lawful purpose of the authority, including, without limitation, any
of the following: (1) Indebtedness to finance the acquisition or construction of health care
facilities. (2) Indebtedness to provide working capital or funds for operating expenses. (3)
Indebtedness to refund, extend, refinance, or restructure any indebtedness of the authority
or any indebtedness assumed or guaranteed by the authority. (b) Indebtedness may be any of
the following or any combination thereof: (1) A general obligation of the authority to the
payment of which its full faith and credit is pledged. (2) Payable solely...
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40-9-14.1
Section 40-9-14.1 Certificates of exemption to governmental entities, contractors, etc., for
certain tax exempt projects. (a) For the purposes of this section, the term governmental entity
means the State of Alabama and its political subdivisions, including a county, a municipality,
an industrial or economic development board or authority, and any public water or sewer authority,
district, system, or board that otherwise is sales and use tax exempt. A governmental entity
shall also include an educational institution of any of the foregoing Alabama political subdivisions
including a public college or university, a county or city board of education, and the State
Board of Education. (b)(1) The Department of Revenue shall issue a certificate of exemption
to the governmental entity for each tax exempt project. (2) The Department of Revenue shall
grant a certificate of exemption from state and local sales and use taxes to any contractor
licensed by the State Licensing Board for General...
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41-10-673
Section 41-10-673 Powers and duties of the authority. The authority shall have, in addition
to all powers heretofore granted to the authority pursuant to the enabling act, the following
powers: (1) To sell and issue the bonds authorized herein for the purposes specified herein.
(2) To pledge the pledged revenues as security for the payment of the bonds. (3) To acquire
any real or personal property and to convey the same to the companies or to any local governmental
entity with or without consideration. (4) To lease any real or personal property to the companies
or to any local governmental entity for use in any part of the projects. (5) To mortgage any
part of the projects as security for the bonds. (6) To make, enter into, and execute contracts,
agreements, or other instruments necessary to acquire or construct capital improvements to
any part of the projects. (7) To incur ancillary costs, projects costs, and training costs
and to pay for the same out of proceeds of the bonds, subject...
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26-1A-209
Section 26-1A-209 Operation of entity or business. Subject to the terms of a document or an
agreement governing an entity or an entity ownership interest, and unless the power of attorney
otherwise provides, language in a power of attorney granting general authority with respect
to operation of an entity or business authorizes the agent to: (1) operate, buy, sell, enlarge,
reduce, or terminate an ownership interest; (2) perform a duty or discharge a liability and
exercise in person or by proxy a right, power, privilege, or option that the principal has,
may have, or claims to have; (3) enforce the terms of an ownership agreement; (4) initiate,
participate in, submit to alternative dispute resolution, settle, oppose, or propose or accept
a compromise with respect to litigation to which the principal is a party because of an ownership
interest; (5) exercise in person or by proxy, or enforce by litigation or otherwise, a right,
power, privilege, or option the principal has or claims to...
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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...
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