The Governor, or his or her designee, the Finance Director, the Lieutenant Governor, or his or her designee, the Speaker of the House of Representatives, or his or her designee, the Chairman of the Regional Revolving Loan Policy Committee, and the President of the Alabama Association of Regional Councils, or his or her designee shall become a public corporation with the powers provided for in this article by proceeding according to Section 11-85-102.
Structure Code of Alabama
Title 11 - Counties and Municipal Corporations.
Title 3 - Provisions Applicable to Counties and Municipal Corporations.
Chapter 85 - Regional Planning and Development.
Article 6 - Alabama Revolving Loan Fund Authority.
Section 11-85-100 - Definitions.
Section 11-85-101 - Incorporation of Authority.
Section 11-85-102 - Application for Incorporation.
Section 11-85-103 - Certificate of Incorporation; Fees.
Section 11-85-104 - Members; Officers; Quorum; Vacancies; Salaries; Record of Proceedings.
Section 11-85-105 - Powers of the Authority.
Section 11-85-106 - Bonds - Issuance and Sale.
Section 11-85-108 - Appropriation and Pledge of Funds for Authority Obligations.
Section 11-85-109 - Administrative and Recordkeeping Functions of Authority.