Code of Alabama
Chapter 20 - Promotion of Industry and Trade.
Article 2 - Industrial Development Boards.

Section 11-20-30 - Definitions. - Whenever used in this article, unless a different meaning clearly...

Section 11-20-31 - Legislative Intent; Construction of Article Generally. - (a) It is the intent of the Legislature by the...

Section 11-20-32 - Application for Authority to Incorporate; Adoption, etc., of Resolution by Governing Body Authorizing Incorporation; Incorporation of More Than One Corporation. - Whenever any number of natural persons, not less than three,...

Section 11-20-33 - Certificate of Incorporation - Contents; Execution and Acknowledgment. - (a) The certificate of incorporation of any corporation organized under...

Section 11-20-34 - Certificate of Incorporation - Filing With Probate Judge; Examination, Approval, and Recordation by Probate Judge. - When executed and acknowledged in conformity with Section 11-20-33, the...

Section 11-20-35 - Certificate of Incorporation - Amendment. - If any corporation formed under this article has accidentally or...

Section 11-20-36 - Board of Directors. - The corporation shall have a board of directors in which...

Section 11-20-37 - Powers Generally; Location and Operation of Projects. - (a) The corporation shall have the following powers, together with...

Section 11-20-38 - Bonds - Form, Terms, Denominations, etc.; Execution, Sale, Delivery, Redemption, etc.; Refunding of Bonds. - All bonds issued by the corporation shall be payable solely...

Section 11-20-39 - Bonds - Security for Payment of Principal and Interest; Remedies Upon Default. - The principal of and interest on any bonds issued by...

Section 11-20-40 - Bonds - Notice of Resolution Authorizing Issuance of Bonds; Limitation Period for Actions, etc., as to Validity of Proceedings for Issuance of Bonds, Etc. - Upon the adoption by the board of directors of any...

Section 11-20-41 - Borrowing of Money for Temporary Use and Issuance of Temporary Revenue Bonds or Notes as Evidence Thereof. - The corporation may, in addition to the other powers granted...

Section 11-20-42 - Liability of County Upon Bonds, Obligations, Agreements, etc., of Corporations. - The county shall not in any event be liable for...

Section 11-20-43 - Disposition of Net Earnings. - The corporation shall be a nonprofit corporation and no part...

Section 11-20-44 - Conveyances, etc., of Assets to Corporations by Other Public Corporations; Assumption of Obligations or Indebtedness of Corporations Making Conveyances, Etc. - Any public corporation organized pursuant to the provisions of any...

Section 11-20-45 - Authority and Procedure for Dissolution of Corporations; Disposition of Funds and Properties Thereof Upon Dissolution. - Whenever the board of directors of the corporation shall by...

Section 11-20-46 - Documents of Corporations May Be Filed for Record Without Payment of Taxes or Certain Fees. - The certificate of incorporation of the corporation or any amendment...

Section 11-20-47 - Exemptions of Corporations - Taxation. - The corporation, all properties at any time owned by it...

Section 11-20-48 - Exemptions of Corporations - Usury and Interest Laws. - Each corporation organized under the provisions of this article is...

Section 11-20-49 - Exemptions of Corporations - Competitive Bid Laws. - Each corporation organized under the provisions of this article, and...

Section 11-20-50 - Construction of Article. - Neither this article nor anything contained in this article shall...