The following words and phrases, including the plural of any thereof, wherever used in this chapter, shall in the absence of clear implication herein otherwise have the following respective meanings:
(1) THE CORPORATION. A corporation organized pursuant to the provisions of this chapter.
(2) BOARD. The board of directors of the corporation.
(3) THE STATE. The State of Alabama.
(4) THE COUNTY. That county in the state in which the corporation shall be organized.
(5) GOVERNING BODY. The county commission in which the legislative functions of the county are vested by law.
(6) PROJECT. A building or buildings designed for use and occupancy as a county courthouse or jail or for the supplying of offices and related facilities for officers and departments of the county and any agencies for which the county may lawfully furnish office facilities or any one or more thereof, together with any lands deemed by the board to be desirable in connection therewith.
(7) WARRANT. Any warrant authorized to be issued pursuant to the provisions of this chapter.
(8) COUPON. Any interest coupon evidencing an installment of interest payable with respect to a warrant.
(9) MORTGAGE. A mortgage or a mortgage and deed of trust.
Structure Code of Alabama
Title 11 - Counties and Municipal Corporations.
Title 1 - Provisions Applicable to Counties Only.
Chapter 15 - Public Building Authorities.
Section 11-15-1 - Definitions.
Section 11-15-2 - Legislative Intent; Construction of Chapter.
Section 11-15-3 - Authority and Procedure for Incorporation.
Section 11-15-4 - Certificate of Incorporation - Contents; Approval.
Section 11-15-5 - Certificate of Incorporation - Recordation.
Section 11-15-6 - Directors and Officers; Records of Proceedings.
Section 11-15-7 - Powers Generally.
Section 11-15-8 - Leasing of Projects to Counties.
Section 11-15-11 - Warrants - Execution and Delivery.
Section 11-15-12 - Warrants - Security for Payment of Principal and Interest.
Section 11-15-13 - Warrants - Disposition of Proceeds From Sale.
Section 11-15-14 - Refunding Warrants.
Section 11-15-15 - Investment of County Funds in Warrants.
Section 11-15-16 - Conveyance of Property to Corporation by County.
Section 11-15-17 - Projects, Income From Leases, Warrants, etc., Exempt From Taxation.