Code of Alabama
Title 3 - Provisions Applicable to Counties and Municipal Corporations.
Chapter 92A - County Industrial Development Authorities.

Section 11-92A-1 - Definitions. - When used in this chapter, the following terms shall have...

Section 11-92A-2 - Legislative Findings of Fact and Declaration of Intent; Construction of Article. - (a) The Legislature hereby makes the following findings of fact...

Section 11-92A-3 - Incorporation of Authority. - (a) Any number of natural persons, not less than three,...

Section 11-92A-4 - Application for Incorporation. - (a) The written application of the incorporators shall be filed...

Section 11-92A-5 - Articles of Incorporation. - (a) The articles of incorporation of an authority shall state...

Section 11-92A-6 - Reincorporation. - (a) In all cases where there has heretofore been an...

Section 11-92A-7 - Further Authorization and Procedure for Reincorporation of Existing Industrial Development Authorities and Boards. - In all cases where an industrial development authority or industrial...

Section 11-92A-8 - Recordation of Articles by Probate Judge; Probate Judge to Receive No Fees in Connection With Incorporation, Reincorporation, Dissolution, etc., of Authority. - (a) The articles shall be filed with the probate judge....

Section 11-92A-9 - Board of Directors. - (a) The board of directors of an authority shall be...

Section 11-92A-10 - Directors. - (a) Except as provided in Section 11-92A-5, the board of...

Section 11-92A-11 - Amendment of Articles. - (a) The articles of any authority may at any time...

Section 11-92A-12 - Powers of Authority. - An authority shall have the following powers, which it may...

Section 11-92A-13 - Issuance and Sale of Bonds. - An authority is hereby authorized from time to time to...

Section 11-92A-14 - Bonds of Authority. - (a) Bonds of an authority shall be signed by its...

Section 11-92A-15 - Security for Bonds. - (a) In the discretion of the board of directors of...

Section 11-92A-16 - Use of Bonds, Proceeds, Etc. - (a) The proceeds from the sale of any bonds shall...

Section 11-92A-17 - Exemption From Usury and Interest Laws. - An authority shall be exempt from all laws of the...

Section 11-92A-18 - Exemptions From Taxation. - All properties of an authority, whether real, personal, or mixed,...

Section 11-92A-19 - Nonapplicability of Competitive Bid Laws. - The provisions of Articles 2 and 3 of Chapter 16...

Section 11-92A-20 - Limited Liability. - The recovery of damages under any judgment or judgments against...

Section 11-92A-21 - Transfer of Funds and Assets to Authority. - Any public person is hereby authorized to transfer and convey...

Section 11-92A-22 - Dissolution of Authority. - (a) At any time when no bonds of an authority...

Section 11-92A-22.1 - Dissolution Requirements. - In addition to the requirements for dissolution under Section 11-92A-22,...

Section 11-92A-23 - Special Reserve Funds and Applications for Appropriations. - (a) In addition to all other powers at any time...