Code of Alabama
Chapter 10 - Authorities.
Article 13 - Real Estate Commission Building Authority.

Section 41-10-420 - Legislative Intent. - The Legislature finds that the Real Estate Commission has acquired...

Section 41-10-421 - Real Estate Commission Building Authority Established; Composition; Powers. - There is hereby established the Real Estate Commission Building Authority...

Section 41-10-422 - Commission to Become Public Corporation. - To become a public corporation, the Governor, the Chairman of...

Section 41-10-423 - Certificate of Incorporation. - When the application has been made, filed and recorded as...

Section 41-10-424 - Board of Directors. - (a) The authority shall be governed by a board of...

Section 41-10-425 - Powers of the Authority. - The authority shall have the following powers among others specified...

Section 41-10-426 - Notes of the Authority. - The notes of the authority shall be executed by the...

Section 41-10-427 - Authority Authorized to Sell, Rent, etc., Set Charges or Rents or Make Rent Adjustments Necessary to Meet Obligations. - For the purpose of providing funds for the acquisition and...

Section 41-10-428 - Resolutions Adopted and All Proceedings of Board of Directors to Be Recorded and Filed; Copies Received in All Courts as Prima Facie Evidence. - All resolutions adopted by the board of directors shall constitute...

Section 41-10-429 - Properties, etc., Forever Exempt From Any and All Taxation. - The properties of the authority and the income therefrom, all...

Section 41-10-430 - Contracts and Obligations Not Debts of State. - All contracts made and obligations incurred by the authority shall...

Section 41-10-431 - Authority as Nonprofit Corporation. - The authority shall be a nonprofit corporation, and no part...

Section 41-10-432 - Funds Appropriated for Alabama Real Estate Commission Building Authority Fund; State to Have No Further Obligations or Rights After Property, Contracts, etc., Assigned, Transferred or Conveyed. - Upon issuance of the certificate of incorporation, all funds appropriated...

Section 41-10-433 - Dissolution of Authority. - At any time when the incorporators named in this article...