All conveyances to and from any predecessor entity of an authority, which entity has been or is ruled invalid by any Alabama court, before April 30, 2009, are approved, ratified, validated, and confirmed, and shall be deemed fully effective for all purposes according to the terms of the instruments of conveyance. As April 30, 2009, all real property held of record in the name of any predecessor entity of an authority, which has been or is ruled invalid by any Alabama court, shall be transferred and conveyed to the authority, if the authority's operational area includes the location of the real property, and all personal property, both tangible and intangible, if any, held in the name of such predecessor entity shall likewise be transferred and conveyed to the authority. All conveyances and transfers of property pursuant to this section are subject to all terms, provisions, and conditions in contracts, agreements, and instruments applicable to the property, and concerning the property and its use. All conveyances, transfers, instruments, and acts of any successor to the predecessor entity of an authority, pursuant to this section, are hereby approved, ratified, validated, and confirmed.
Structure Code of Alabama
Title 11 - Counties and Municipal Corporations.
Title 3 - Provisions Applicable to Counties and Municipal Corporations.
Chapter 92B - Developmnet of Former Federal Military Installations.
Section 11-92B-1 - Definitions.
Section 11-92B-2 - Legislative Findings.
Section 11-92B-3 - Incorporation of an Authority.
Section 11-92B-4 - Application of Incorporation.
Section 11-92B-5 - Articles of Incorporation.
Section 11-92B-6 - Filing of Articles.
Section 11-92B-7 - Board of Directors.
Section 11-92B-8 - Amendment of Articles.
Section 11-92B-9 - Ethical Standards.
Section 11-92B-10 - Powers and Duties of Authority.
Section 11-92B-11 - Accounting.
Section 11-92B-12 - Bonds of the Authority.
Section 11-92B-13 - Liability for Indebtedness.
Section 11-92B-14 - Liability for Injuries.
Section 11-92B-15 - Liability of Board Members.
Section 11-92B-16 - Disposition of Funds.
Section 11-92B-17 - Participation in Employees' Retirement System.
Section 11-92B-18 - Oversight Committee.
Section 11-92B-19 - Conveyances to and From Predecessor Entities.
Section 11-92B-20 - Dissolution of Authority.
Section 11-92B-21 - Exemption From Taxation.
Section 11-92B-22 - Conveyance of Property by County or Municipality.
Section 11-92B-23 - Exemption From Usury Laws.
Section 11-92B-24 - Exemptions From Competitive Bidding.
Section 11-92B-25 - Sale or Lease of Certain Real Property by State.
Section 11-92B-26 - Awarding Authority.