Code of Alabama
Chapter 10 - Authorities.
Article 4 - State Products Mart and Coliseum Authorities.

Section 41-10-80 - Short Title. - This article shall be known and may be cited as...

Section 41-10-81 - Definitions. - When used in this article, the following terms shall have...

Section 41-10-82 - Purpose of Article; Construction of Article Generally. - It is the intention of the Legislature by the passage...

Section 41-10-83 - Application for Authority to Incorporate; Adoption by Governing Body of Resolution Authorizing Formation of Corporation. - In the event that any number of natural persons, not...

Section 41-10-84 - Contents of Certificate of Incorporation Generally; Adoption of Resolution by Governing Body Approving Form and Contents of Certificate of Incorporation. - (a) The certificate of incorporation of the corporation shall state:...

Section 41-10-85 - Execution of Certificate of Incorporation; Filing of Certificate of Incorporation, Resolution of Governing Body, etc., With Probate Judge and Recordation Thereof by Probate Judge. - (a) The certificate of incorporation shall be signed and acknowledged...

Section 41-10-86 - Amendment of Certificate of Incorporation. - The certificate of incorporation may at any time and from...

Section 41-10-87 - Board of Directors of Corporation - Composition; Qualifications, Reelection, etc., of Members; Vacancies; Quorum; Compensation and Expenses of Members; Reduction to Writing, Recordation and Admissibility in Evidence of Proceedings... - The corporation shall have a board of directors composed of...

Section 41-10-88 - Board of Directors of Corporation - Election and Terms of Office of Members Generally. - The governing body shall elect the number of directors provided...

Section 41-10-89 - Board of Directors of Corporation - Appointment of Additional Members to Board by Governor; Terms of Office, etc., of Additional Members. - In the event that there shall be provided to the...

Section 41-10-90 - Officers of Corporation. - The officers of the corporation shall consist of a chairman,...

Section 41-10-91 - Powers of Corporation - Generally. - The corporation shall have the following powers, together with all...

Section 41-10-92 - Powers of Corporation - Eminent Domain. - The corporation shall have the same powers of eminent domain...

Section 41-10-93 - Authority for Issuance of Bonds by Corporation; Liability Upon Bonds; Form, Terms, Denominations, etc.; Redemption; Sale; Payment of Expenses in Connection With Authorization, Sale and Issuance; Bonds to Contain Recital as to Autho... - The corporation is authorized at any time and from time...

Section 41-10-94 - Notice of Resolution Authorizing Issuance of Bonds; Limitation Period for Actions Contesting Validity of Bonds, Etc. - (a) Upon the adoption by the board of any resolution...

Section 41-10-95 - Execution and Delivery of Bonds and Interest Coupons. - All bonds shall be signed by the chairman or vice-chairman...

Section 41-10-96 - Security for Payment of Principal and Interest on Bonds. - The principal of and interest on the bonds shall be...

Section 41-10-97 - Disposition of Proceeds From Sale of Bonds Generally. - The proceeds derived from the sale of any bonds, other...

Section 41-10-98 - Proceeds of Bonds Not to Be Used for Payment of Fees, Commissions, etc., for Services in Sale, Issuance, Execution, etc., of Bonds; Maximum Amount Payable to Attorneys for Services Rendered. - No part of any of the proceeds of the bonds...

Section 41-10-99 - Refunding Bonds. - The corporation may at any time and from time to...

Section 41-10-100 - Investment of Surplus, etc., County Funds in Bonds of Corporation. - The governing body is authorized in its discretion to invest...

Section 41-10-101 - Investment in Bonds of Corporation by Savings Banks, Insurance Companies, Trustees, Etc. - Bonds issued under the provisions of this article are hereby...

Section 41-10-102 - Remedies Upon Default on Bonds, Etc. - (a) Remedies upon default on bonds or indenture. If there...

Section 41-10-103 - Leasing of Projects. - (a) Leases to municipality, county or state. The corporation, the...

Section 41-10-104 - Conduct of Sporting Events, Exhibits, etc., in Projects. - The corporation or any lessee of the project or a...

Section 41-10-105 - Conveyances of Property to Corporation by Municipality, County or State Authorized. - The municipality, the county and the state are hereby respectively...

Section 41-10-106 - Appropriations to Corporation by Municipality or County Authorized; Limitations. - The municipality and the county are hereby each respectively authorized...

Section 41-10-107 - Exemption From Taxation of Bonds, Income, Projects, etc., of Corporation. - Each project and the income from all leases made with...

Section 41-10-108 - Dissolution of Corporation and Vesting of Title to Properties Thereof Upon Dissolution; Vesting of Title to Projects Upon Payment in Full of Bonds Pertaining Thereto; Formation of Corporation Not to Prevent Subsequent Formation of... - (a) At any time when the corporation does not have...

Section 41-10-109 - Construction of Article. - This article shall not be construed as a restriction or...