Code of Alabama
Division 1 - General Provisions.
Section 11-54-98 - Exemption of Boards - Competitive Bid Laws.

The industrial development board and all contracts made by it shall be exempt from the provisions and requirements of Sections 41-16-50 through 41-16-63, which provide for competitive bids in connection with certain contracts.

Structure Code of Alabama

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.

Article 4 - Industrial Development Boards.

Division 1 - General Provisions.

Section 11-54-80 - Definitions.

Section 11-54-81 - Legislative Intent; Construction of Division Generally.

Section 11-54-82 - Application for Authority to Incorporate Industrial Development Board; Adoption of Resolution by Governing Body Authorizing Incorporation; Execution, Acknowledgment, and Filing of Certificate of Incorporation Generally.

Section 11-54-83 - Certificate of Incorporation - Contents; Execution and Acknowledgment.

Section 11-54-84 - Certificate of Incorporation - Filing With Probate Judge; Examination, Approval, and Recordation by Probate Judge.

Section 11-54-85 - Certificate of Incorporation - Amendment.

Section 11-54-86 - Board of Directors.

Section 11-54-87 - Powers of Boards Generally; Location and Operation of Projects of Boards Generally; Meetings of Board of Directors.

Section 11-54-88 - Additional Powers as to Pollution Control Facilities.

Section 11-54-89 - Bonds - Form, Terms, Denominations, etc.; Execution, Sale, Delivery, Redemption, etc.; Refunding of Bonds.

Section 11-54-90 - Bonds - Security for Payment of Principal and Interest; Remedies Upon Default.

Section 11-54-91 - Borrowing of Money for Temporary Use and Issuance of Temporary Revenue Bonds as Evidence Thereof.

Section 11-54-92 - Liability of Municipalities Upon Bonds, Agreements, Obligations, etc., of Boards.

Section 11-54-93 - Disposition of Net Earnings of Boards.

Section 11-54-94 - Authority and Procedure for Dissolution of Boards; Vesting of Title to Funds and Properties Thereof in Municipalities Upon Dissolution.

Section 11-54-95 - Documents of Boards May Be Filed for Record Without Payment of Taxes or Certain Fees.

Section 11-54-96 - Exemptions of Boards - Taxation.

Section 11-54-96.1 - Ad Valorem Taxes Required of Hotels, etc., Built Under Section 11-54-80.

Section 11-54-97 - Exemption of Boards - Usury and Interest Laws.

Section 11-54-98 - Exemption of Boards - Competitive Bid Laws.

Section 11-54-99 - Validation of Attempted Incorporation of Certain Industrial Development Boards.

Section 11-54-100 - Construction of Division.

Section 11-54-101 - Powers Cumulative; Administrative Fees.