The recovery of damages under any judgment or judgments against an authority shall be limited to $100,000 for bodily injury or death for one person in any single occurrence. Recovery of damages under any judgment or judgments against art authority shall be limited to $300,000 in the aggregate where more than two persons have claims or judgments on account of bodily injury or death arising out of any single occurrence. Recovery of damages under any judgment or judgments against an authority shall be limited to $100,000 for damage or loss of property arising out of any single occurrence. No authority shall settle or compromise any claim for bodily injury, death, or property damage for an amount in excess of the amounts hereinabove set forth.
Structure Code of Alabama
Title 11 - Counties and Municipal Corporations.
Title 3 - Provisions Applicable to Counties and Municipal Corporations.
Chapter 92A - County Industrial Development Authorities.
Section 11-92A-1 - Definitions.
Section 11-92A-2 - Legislative Findings of Fact and Declaration of Intent; Construction of Article.
Section 11-92A-3 - Incorporation of Authority.
Section 11-92A-4 - Application for Incorporation.
Section 11-92A-5 - Articles of Incorporation.
Section 11-92A-6 - Reincorporation.
Section 11-92A-9 - Board of Directors.
Section 11-92A-10 - Directors.
Section 11-92A-11 - Amendment of Articles.
Section 11-92A-12 - Powers of Authority.
Section 11-92A-13 - Issuance and Sale of Bonds.
Section 11-92A-14 - Bonds of Authority.
Section 11-92A-15 - Security for Bonds.
Section 11-92A-16 - Use of Bonds, Proceeds, Etc.
Section 11-92A-17 - Exemption From Usury and Interest Laws.
Section 11-92A-18 - Exemptions From Taxation.
Section 11-92A-19 - Nonapplicability of Competitive Bid Laws.
Section 11-92A-20 - Limited Liability.
Section 11-92A-21 - Transfer of Funds and Assets to Authority.
Section 11-92A-22 - Dissolution of Authority.
Section 11-92A-22.1 - Dissolution Requirements.
Section 11-92A-23 - Special Reserve Funds and Applications for Appropriations.