This chapter is intended to aid the state in the execution of its duties by providing appropriate and independent instrumentalities of the state with full and adequate powers to fulfill their functions. Except as in this chapter expressly otherwise provided, no proceeding, notice, or approval shall be required for the incorporation of any authority or the amendment of its certificate of incorporation, the acquisition of any property or transit system, or the issuance of any bonds, mortgage and deed of trust, or trust indenture. The authority, every transit system of the authority, any public transportation service provided by the authority, and the rates and charges thereof shall be exempt from all jurisdiction of, and all regulation and supervision by, the Public Service Commission. Neither a public hearing nor the consent of the state Department of Finance shall be prerequisite to the issuance of bonds by the authority.
Structure Code of Alabama
Title 11 - Counties and Municipal Corporations.
Title 2 - Provisions Applicable to Municipal Corporations Only.
Chapter 49A - Public Transportation Service in Class 3 Municipalities.
Section 11-49A-1 - Legislative Findings and Purpose.
Section 11-49A-2 - Definitions.
Section 11-49A-3 - Meaning of "Herein," etc.; Construction of Definitions.
Section 11-49A-4 - Application; Resolution of Denial or Approval by Governing Body.
Section 11-49A-8 - Powers of Authority.
Section 11-49A-9 - Rates for Public Transportation Service.
Section 11-49A-11 - Bonds - Contracts as Security for Payment.
Section 11-49A-12 - Statutory Mortgage Lien; Creation; Filing of Notice.
Section 11-49A-13 - Use of Bond Proceeds.
Section 11-49A-14 - Powers of Localities, Agencies, Etc.
Section 11-49A-15 - Exemption From Taxes, Fees, and Costs.
Section 11-49A-16 - Exemption From Additional Proceedings, Regulation, Etc.
Section 11-49A-17 - Use of Rights-of-Way.
Section 11-49A-18 - Annual Budget; Amendments; Annual Audit.
Section 11-49A-19 - Dissolution of Authority; Apportionment of Property.
Section 11-49A-20 - Incorporation of Additional Authorities in Same County Prohibited.