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Section 11-59-1 - Definitions. - Wherever used in this chapter, unless a different meaning clearly...
Section 11-59-2 - Legislative Intent; Construction of Chapter Generally. - (a) It is the intention of the Legislature by the...
Section 11-59-3 - Application for Authority to Incorporate Public Athletic Board; Adoption of Resolution by Governing Body Authorizing Incorporation; Execution, Acknowledgment and Filing of Certificate of Incorporation Generally. - Whenever any number of natural persons, not less than three,...
Section 11-59-4 - Certificate of Incorporation - Contents; Execution and Acknowledgment. - (a) The certificate of incorporation shall set forth: (1) The...
Section 11-59-5 - Certificate of Incorporation - Filing With Probate Judge; Examination, Approval, and Recordation by Probate Judge. - When executed and acknowledged in conformity with Section 11-59-4, the...
Section 11-59-6 - Certificate of Incorporation - Amendment. - The certificate of incorporation may at any time and from...
Section 11-59-7 - Board of Directors. - The corporation shall have a board of directors in which...
Section 11-59-8 - Powers of Corporations Generally. - The corporation shall have the following powers together with all...
Section 11-59-9 - Bonds - Form, Terms, Denominations, etc.; Execution, Sale, Delivery, Redemption, etc.; Refunding of Bonds. - All bonds issued by the corporation shall be revenue bonds...
Section 11-59-10 - Bonds - Security for Payment of Principal and Interest; Remedies Upon Default. - The principal of and interest on any bonds issued by...
Section 11-59-11 - Liability of Municipalities Upon Bonds, Obligations, Agreements, etc., of Corporations. - The municipality shall not in any event be liable for...
Section 11-59-12 - Conveyances of Properties to Corporations by Municipalities. - The municipality is hereby authorized and empowered to transfer and...
Section 11-59-13 - Powers of Corporations as to Conveyances, etc., of Title to Facilities. - Nothing contained in this chapter shall be construed to authorize...
Section 11-59-14 - Authority and Procedure for Dissolution of Corporations; Vesting of Title to Facilities Thereof in Municipalities Upon Dissolution. - When the principal of and interest on all bonds issued...
Section 11-59-15 - Documents of Corporations May Be Filed for Record Without Payment of Taxes or Certain Fees. - The certificate of incorporation of the corporation, any deeds or...
Section 11-59-16 - Exemption From Taxation of Corporations, Facilities, Bonds, Etc. - The corporation and all facilities at any time owned by...
Section 11-59-17 - Construction of Chapter. - Neither this chapter nor anything contained in this chapter shall...