Code of Alabama
Chapter 92C
Section 11-92C-4 - Procedure to Incorporate; Contents and Execution of Certificate of Incorporation.

(a) Within 40 days following the adoption of the authorizing resolution, the applicants shall proceed to incorporate the authority by filing for record in the office of the judge of probate of the county in which the proposed local redevelopment area is located a certificate of incorporation which shall comply in form and substance with the requirements of this section and which shall be in the form and executed in the manner provided in this section.
(b) The certificate of incorporation of an authority shall state all of the following:
(1) The names of the persons forming the authority, and that each of them is a duly qualified elector residing in the authorizing subdivision.
(2) The name of the authority, which shall include the local redevelopment authority.
(3) A general description of the proposed project.
(4) The period for the duration of the authority; subject to Section 11-92C-20, if the duration is to be perpetual, that fact shall be stated.
(5) The name of the authorizing subdivision, together with the date on which the governing body thereof adopted the authorizing resolution.
(6) The location of the principal office of the authority, which shall be within the corporate limits of the municipality or within the geographical limits of the county, as applicable.
(7) That the authority is organized pursuant to the provisions of this chapter.
(8) A map, legal description, or other description describing the geographical area of the local redevelopment area.
(9) Any other matters relating to the authority that the incorporators may choose to insert and that are not inconsistent with this chapter or with the laws of this state.
(c) The certificate of incorporation shall be signed and acknowledged by the incorporators before an officer authorized by the laws of this state to take acknowledgments to deeds. When the certificate of incorporation is filed for record, there shall be attached to it all of the following:
(1) A copy of the application as filed with the governing body of the authorizing subdivision in accordance with Section 11-92C-3.
(2) A certified copy of the authorizing resolution adopted by the governing body of the authorizing subdivision.
(3) A certificate by the Secretary of State that the name proposed for the authority is not identical to that of any other corporation organized under the laws of this state or so nearly similar thereto as to lead to confusion and uncertainty.
(d) Upon the filing for record of the certificate of incorporation and the documents required by subsection (c), the authority shall come into existence and shall constitute a public corporation under the name set forth in the certificate of incorporation. The judge of probate shall send notice to the Secretary of State that the certificate of incorporation of the authority has been filed for record.

Structure Code of Alabama

Code of Alabama

Title 11 - Counties and Municipal Corporations.

Title 3 - Provisions Applicable to Counties and Municipal Corporations.

Chapter 92C

Section 11-92C-1 - Legislative Intent.

Section 11-92C-2 - Definitions.

Section 11-92C-3 - Filing of Application; Authorization of Incorporation by Governing Body of an Authorizing Subdivision.

Section 11-92C-4 - Procedure to Incorporate; Contents and Execution of Certificate of Incorporation.

Section 11-92C-5 - Amendments to Certificate of Incorporation.

Section 11-92C-6 - Board of Directors to Govern Each Authority.

Section 11-92C-7 - Officers of Authority.

Section 11-92C-8 - Powers of Authority.

Section 11-92C-9 - Bonds of Authority.

Section 11-92C-10 - Proceeds From the Sale of Bonds.

Section 11-92C-11 - Refunding Bonds.

Section 11-92C-12 - Notice of Bond Resolution.

Section 11-92C-13 - Exemption From Taxation.

Section 11-92C-14 - Liability of Authorizing Subdivision.

Section 11-92C-15 - Failure to Pay Past Due Assessments.

Section 11-92C-16 - Exemption From Usury Laws.

Section 11-92C-17 - Exemption From Competitive Bid Laws.

Section 11-92C-18 - Freedom of Authority From State Supervision and Control.

Section 11-92C-19 - Earnings of Authority.

Section 11-92C-20 - Dissolution of Authority and Vesting of Title to Property.

Section 11-92C-21 - Existence of Authority Not to Prevent Subsequent Incorporation of Another Authority.

Section 11-92C-22 - Establishment and Revision of Rentals, Licenses, Rates, Fees, and Charges for Services or Facilities Rendered by Authority.

Section 11-92C-23 - Loans, Sales, Grants, Guarantees, and Contractual or Lease Obligations of Money or Property.