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Section 11-89A-1 - Legislative Findings. - It is hereby found and declared as follows: That the...
Section 11-89A-2 - Definitions. - The following words and phrases used in this chapter, and...
Section 11-89A-3 - Filing of Application for Incorporation of Authority; Denial or Authorization of Incorporation by Governing Body of County or Municipality. - A public corporation may be organized pursuant to the provisions...
Section 11-89A-4 - Incorporation Procedure; Contents, Execution, and Filing of Certificate of Incorporation; Notice to Secretary of State. - (a) Within 40 days following the adoption of an authorizing...
Section 11-89A-5 - Amendments to Certificate of Incorporation. - The certificate of incorporation of any authority incorporated under the...
Section 11-89A-6 - Board of Directors of Authority; Election; Terms of Office; Vacancies; Qualifications; Expenses; Meetings; Notice and Waiver; Resolutions; Impeachment. - (a) Each authority shall have a board of directors composed...
Section 11-89A-7 - Officers of Authority. - The officers of an authority shall consist of a chairman,...
Section 11-89A-8 - Powers of Authority; Location of Facilities of Authority. - (a) Every authority shall have all of the powers necessary...
Section 11-89A-9 - Bonds of Authority, Generally. - (a) Any authority shall have the power to issue, sell,...
Section 11-89A-10 - Security for Payment of Bonds; Contracts and Agreements to Secure. - (a) Any bonds issued by the authority shall be revenue...
Section 11-89A-11 - Proceeds From Sale of Bonds. - All moneys derived from the sale of any bonds issued...
Section 11-89A-12 - Refunding Bonds. - Any bonds issued or assumed by an authority may from...
Section 11-89A-13 - Freedom of Authority From Supervision and Control of State; Applicability of Article 1 of Chapter 27 of Title 22. - (a) This chapter is intended to aid the state through...
Section 11-89A-14 - Power of Eminent Domain. - Each authority organized under the provisions of this chapter is...
Section 11-89A-15 - Cooperation, Aid, and Agreements From and With Other Bodies. - (a) For the purpose of attaining the objectives of this...
Section 11-89A-16 - Exemption From Taxation, Etc. - The property and income of any authority, all bonds issued...
Section 11-89A-17 - Exemption From Usury and Interest Laws. - Each authority shall be exempt from the laws of the...
Section 11-89A-18 - Exemption From Competitive Bid Laws. - Any authority and all contracts made by it shall be...
Section 11-89A-19 - Disposition of Net Earnings of Authority. - An authority shall be a nonprofit corporation and no part...
Section 11-89A-20 - Bonds of Authority as Legal Investments. - The bonds of any authority shall be legal investments in...
Section 11-89A-21 - Dissolution of Authority; Vesting of Title to Authority's Property. - At any time when an authority has no bonds or...
Section 11-89A-22 - Incorporation of Another Authority by Same Determining Subdivision. - The existence of an authority incorporated under the provisions of...
Section 11-89A-23 - Notice of Bond Resolution; Contest to Validity of Bonds, Etc. - Upon the adoption by the board of any authority of...
Section 11-89A-24 - Cumulative Effect of Chapter. - The provisions of this chapter are cumulative and shall not...
Section 11-89A-25 - Liberal Construction of Chapter. - This chapter being remedial in nature, the provisions of this...