Code of Alabama
Title 3 - Provisions Applicable to Counties and Municipal Corporations.
Chapter 101A - Acquisition of Real and Personal Property for Lease to United States.

Section 11-101A-1 - Legislative Intent. - It is the intent of the Legislature to authorize the...

Section 11-101A-2 - Definitions. - As used in this chapter, the following terms shall have...

Section 11-101A-3 - Application to Incorporate Authority. - (a) In order to incorporate an authority pursuant to this...

Section 11-101A-4 - Incorporation of Authority. - (a) Within 60 days following the adoption of the authorizing...

Section 11-101A-5 - Amendment to Certificate of Incorporation. - (a) The certificate of incorporation of any authority incorporated under...

Section 11-101A-6 - Board of Directors. - (a) Each corporation shall be governed by a board of...

Section 11-101A-7 - Officers. - The officers of an authority shall consist of a chair...

Section 11-101A-8 - Powers of Authority. - (a) In addition to all other powers granted elsewhere in...

Section 11-101A-9 - Eminent Domain. - An authority shall have, in addition to all other powers...

Section 11-101A-10 - Powers of Authorizing Subdivision. - (a) In addition to all other powers that an authorizing...

Section 11-101A-11 - Sale of Securities. - Securities of an authority may be executed and delivered by...

Section 11-101A-12 - Refunding Securities; Limitations. - (a) An authority may at any time, and from time...

Section 11-101A-13 - Signature and Seal. - All securities of an authority shall be signed in the...

Section 11-101A-14 - Securities Payable Out of Revenues From Projects, Properties, etc., Indenture May Contain Agreements; Liens. - (a) Securities issued by an authority shall not be general...

Section 11-101A-15 - Use of Proceeds. - (a) The principal proceeds derived from any borrowing made by...

Section 11-101A-16 - Obligations Rest With Authority. - All agreements and obligations undertaken, and all securities issued, by...

Section 11-101A-17 - Securities Are Legal Investments. - Securities issued under this chapter are hereby made legal investments...

Section 11-101A-18 - Exemption From Usury Laws. - An authority shall be exempt from all laws of the...

Section 11-101A-19 - Authorization of Securities. - (a) Any resolution authorizing any securities under this chapter may...

Section 11-101A-20 - Investments. - (a) To the extent permitted by the contracts of the...

Section 11-101A-21 - Exemption From Taxation. - All properties of an authority, whether real, personal, or mixed,...

Section 11-101A-22 - Applicability of Certain Competitive Bidding Provisions. - Articles 2 (commencing with Section 41-16-20) and 3 (commencing with...

Section 11-101A-23 - Public Corporation. - An authority shall be a public corporation or authority and...

Section 11-101A-24 - Dissolution. - At any time when the authority does not have any...

Section 11-101A-25 - Effect of Formation or Dissolution on Incorporation of Another Authority. - The formation or dissolution of one authority shall not prevent...

Section 11-101A-26 - Authorities Governed Exclusively by Chapter. - Any authority organized under this chapter shall, insofar as the...

Section 11-101A-27 - Construction of Chapter. - This chapter shall not be construed as a restriction or...