(a) It is the intent of the Legislature by the passage of this article to authorize municipalities to provide buildings and other facilities for lease to and use by one or more national organizations in order to induce such organizations to establish or to locate offices in this state or in order to encourage or facilitate such organizations in continuing to maintain offices in this state.
(b) This article shall be liberally construed in conformity with the said intent.
Structure Code of Alabama
Title 11 - Counties and Municipal Corporations.
Title 2 - Provisions Applicable to Municipal Corporations Only.
Chapter 54 - Promotion of Industry, Trade, Commerce and Pollution Control.
Section 11-54-50 - Definitions.
Section 11-54-51 - Legislative Intent; Construction of Article Generally.
Section 11-54-53 - Requirements as to Leasing of Projects.
Section 11-54-55 - Bonds - Security for Payment of Principal and Interest.
Section 11-54-56 - Bonds - Disposition of Proceeds From Sale.
Section 11-54-57 - Refunding Bonds.
Section 11-54-59 - Investment in Bonds by Savings Banks and Insurance Companies.
Section 11-54-61 - Exemption From Taxation of Projects, Bonds, Etc.