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Section 11-92B-1 - Definitions. - When used in this chapter, the following words and terms...
Section 11-92B-2 - Legislative Findings. - The Legislature makes the following findings: (1) That the economic...
Section 11-92B-3 - Incorporation of an Authority. - Any number of natural persons, not less than three, each...
Section 11-92B-4 - Application of Incorporation. - (a) The written application of the incorporators shall be filed...
Section 11-92B-5 - Articles of Incorporation. - (a) The articles of incorporation of an authority shall state...
Section 11-92B-6 - Filing of Articles. - (a) The articles shall be filed with the judge of...
Section 11-92B-7 - Board of Directors. - (a) The authority shall operate under the direction of a...
Section 11-92B-8 - Amendment of Articles. - (a) The articles of an authority may at any time...
Section 11-92B-9 - Ethical Standards. - All board members, officers, and employees of an authority shall...
Section 11-92B-10 - Powers and Duties of Authority. - An authority shall have the following powers and duties together...
Section 11-92B-11 - Accounting. - An authority shall hire an independent certified public accounting firm...
Section 11-92B-12 - Bonds of the Authority. - (a) Bonds of an authority shall be signed by the...
Section 11-92B-13 - Liability for Indebtedness. - Neither the county of incorporation nor any municipality whose corporate...
Section 11-92B-14 - Liability for Injuries. - An authority shall not be liable for damages for injury...
Section 11-92B-15 - Liability of Board Members. - Members of the board shall not be subject to civil...
Section 11-92B-16 - Disposition of Funds. - No part of the net earnings of an authority remaining...
Section 11-92B-17 - Participation in Employees' Retirement System. - An authority, by resolution legally adopted to conform to rules...
Section 11-92B-18 - Oversight Committee. - The affairs and operations of an authority shall be supervised...
Section 11-92B-19 - Conveyances to and From Predecessor Entities. - All conveyances to and from any predecessor entity of an...
Section 11-92B-20 - Dissolution of Authority. - (a) If it is determined that it is not possible...
Section 11-92B-21 - Exemption From Taxation. - An authority, including, without limitation, its property, its income, the...
Section 11-92B-22 - Conveyance of Property by County or Municipality. - Subject to acceptance by an authority, the county of incorporation...
Section 11-92B-23 - Exemption From Usury Laws. - An authority shall be exempt from all general laws of...
Section 11-92B-24 - Exemptions From Competitive Bidding. - An authority and all contracts made by it shall be...
Section 11-92B-25 - Sale or Lease of Certain Real Property by State. - Notwithstanding any provision of law to the contrary, an authority...
Section 11-92B-26 - Awarding Authority. - An authority shall be considered an awarding authority within the...
Section 11-92B-27 - Open Meetings. - An authority shall be subject to the Open Meetings Act,...
Section 11-92B-28 - Diversity Requirements. - Notwithstanding any other provisions of this chapter, the members of...