Code of Alabama
Title 3 - Provisions Applicable to Counties and Municipal Corporations.
Chapter 94 - Port Authorities.

Section 11-94-1 - Definitions. - Whenever used in this chapter, unless the context plainly indicates...

Section 11-94-2 - Legislative Intent; Liberal Construction of Chapter. - (a) It is the intention of the Legislature by the...

Section 11-94-3 - Application for Incorporation of Authority; Approval by Local Governing Bodies and State Docks Department. - Whenever any number of natural persons not less than three...

Section 11-94-4 - Certificate of Incorporation - Contents; Execution and Acknowledgment. - (a) The certificate of incorporation shall set forth: (1) The...

Section 11-94-5 - Certificate of Incorporation - Filing With Probate Judge; Examination, Approval, and Recordation by Probate Judge; Recordation as Conclusive Evidence. - When executed and acknowledged in conformity with Section 11-94-4, the...

Section 11-94-6 - Certificate of Incorporation - Amendment Procedure; Recordation of Amendment as Conclusive Evidence. - The certificate of incorporation may at any time and from...

Section 11-94-7 - Board of Directors of Authority; Election; Terms of Office; Qualifications; Vacancies; Quorum; Proceedings and Record Thereof; Certified Copies as Evidence; Expenses; Impeachment; Annual Report. - (a) An authority shall have a board of directors in...

Section 11-94-8 - Officers of Authority. - The officers of an authority shall consist of a president,...

Section 11-94-9 - Powers of Authority; Location of Projects. - (a) An authority organized and existing under this chapter shall...

Section 11-94-10 - Bonds of Authority - From What Source Payable; Form; Denominations; Terms; Redemption; Sale; Subsequent Issues; Negotiability. - (a) All bonds and securities issued by an authority shall...

Section 11-94-11 - Bonds of Authority - Execution. - All bonds shall be signed by the president or vice...

Section 11-94-12 - Bonds of Authority - Indenture; Lien; Remedies of Bondholders. - In the discretion of its board, any bonds issued by...

Section 11-94-13 - Bonds of Authority - Application of Proceeds. - The proceeds derived from the sale of any bonds shall...

Section 11-94-14 - Refunding Bonds. - An authority may at any time and from time to...

Section 11-94-15 - Liability of Authorizing Subdivisions Upon Bonds, Obligations and Agreements of Authority; Other Actions by Authorizing Subdivisions to Attain Objectives of Chapter. - (a) Neither of the authorizing subdivisions of an authority shall...

Section 11-94-16 - Disposition of Net Earnings. - Each authority organized hereunder shall be a nonprofit public corporation...

Section 11-94-17 - Bonds of Authority as Legal Investments. - Bonds issued under this chapter are hereby made legal investments...

Section 11-94-18 - Dissolution of Authority; Vesting of Title to Funds and Property of Authority. - Whenever the board of any authority shall by resolution determine...

Section 11-94-19 - Exemption From Taxation and Fees. - Each authority incorporated under this chapter and all properties at...

Section 11-94-20 - Exemption From Usury and Interest Laws. - Each authority incorporated under this chapter shall be exempt from...

Section 11-94-21 - Construction of Chapter. - (a) Neither this chapter nor anything contained in this chapter...

Section 11-94-22 - Applicability of Article 5 of Chapter 6 of Title 8. - An authority proposing to issue any bonds under the authority...

Section 11-94-23 - Correction of Errors or Omissions in Incorporation. - If an authority formed under this chapter has failed to...

Section 11-94-24 - Validation of Incorporation of Certain Port Authorities. - In all cases where there has heretofore been an attempt...

Section 11-94-25 - Revenues to Be Used for Paying Bonds of Authorities. - Any provision of Chapter 94 of Title 11, to the...