Code of Alabama
Chapter 3A - Alabama Agricultural Development Authority.
Article 1 - General Provisons.

Section 2-3A-1 - Declaration of Purpose and Legislative Findings. - The Legislature has found and determined and does hereby declare...

Section 2-3A-2 - Definitions. - The following words and phrases used in this article, and...

Section 2-3A-3 - Incorporation of Authority; Procedure. - (a) The Governor, the Commissioner of Agriculture and Industries and...

Section 2-3A-4 - Board of Directors; Members; Terms; Vacancies; Qualifications; Expenses; Quorum; Impeachment; Copies of Proceedings as Evidence. - (a) The authority shall be governed by a board of...

Section 2-3A-5 - Officers of the Authority. - The officers of the authority shall consist of a chairman,...

Section 2-3A-6 - Legislative Oversight Committee; Members; Expenses. - There shall be established a legislative oversight committee to provide...

Section 2-3A-7 - Powers of Authority; Open Meetings. - (a) The authority shall have the following powers, together with...

Section 2-3A-8 - Bonds of the Authority. - (a) Source of payment. All bonds issued by the authority...

Section 2-3A-9 - Proceeds From Sale of Bonds. - All moneys derived from the sale of any bonds issued...

Section 2-3A-10 - Refunding Bonds. - Any bonds issued by the authority may from time to...

Section 2-3A-11 - Exemption From Taxation. - The property and income of the authority, all bonds issued...

Section 2-3A-12 - Exemption From Usury and Interest Laws. - The authority shall be exempt from the laws of the...

Section 2-3A-13 - Freedom of Authority From State Supervision and Control; Applicability of Code of Ethics. - (a) This article is intended to aid the state through...

Section 2-3A-14 - Dissolution of Authority and Vesting of Title to Its Property. - At any time when the authority has no bonds or...

Section 2-3A-15 - Article Cumulative. - The provisions of this article are cumulative and shall not...

Section 2-3A-16 - Liberal Construction of Article. - This article being remedial in nature, the provisions of this...