Code of Alabama
Chapter 2 - Alabama Corrections Institution Finance Authority.
Section 14-2-5 - Incorporation by State Officials - Certificate of Incorporation.

When the application has been made, filed and recorded as provided in Section 14-2-4, the Secretary of State shall make and issue to the applicants a certificate of incorporation pursuant to this chapter, under the great seal of the state, and shall record the certificate with the application, whereupon the applicants shall constitute a public corporation and agency of the state under the name proposed in the application.

Structure Code of Alabama

Code of Alabama

Title 14 - Criminal Correctional and Detention Facilities.

Chapter 2 - Alabama Corrections Institution Finance Authority.

Section 14-2-1 - Definitions.

Section 14-2-2 - Purpose of Chapter; Construction Thereof.

Section 14-2-3 - Incorporation by State Officials - Authority.

Section 14-2-4 - Incorporation by State Officials - Application.

Section 14-2-5 - Incorporation by State Officials - Certificate of Incorporation.

Section 14-2-6 - Members; Officers; Directors; Quorum; Vacancies; Salaries.

Section 14-2-7 - Resolutions and Proceedings of Board of Directors.

Section 14-2-8 - Powers - Generally.

Section 14-2-8.1 - This Section Was Assigned by the Code Commissioner in the 2021 Special Session, Effective October 1, 2021. This Is Not in the Current Code Supplement.

Section 14-2-9 - Powers - Eminent Domain.

Section 14-2-10 - Temporary Loans in Anticipation of Issuance of Bonds.

Section 14-2-11 - Execution of Bonds and Notes.

Section 14-2-12 - Bonds - Authorization.

Section 14-2-13 - Bonds - Sale and Issuance of Refunding Bonds.

Section 14-2-13.1 - Bonds - Limitations on Issuance of Refunding Bonds; Present Value of Debt Service; Average Maturity of Refunding Bonds.

Section 14-2-14 - Bonds - Specifications; Redemption; Precedence.

Section 14-2-15 - Bonds - Recital, Notice and Contest of Authorizing Resolution, Etc.

Section 14-2-16 - Bonds - Sale.

Section 14-2-16.1 - Bonds - Report to Legislature; Contents.

Section 14-2-17 - Bonds - Investment of Surplus in State Fund, etc., and Trust Funds.

Section 14-2-18 - Bonds - Security for Deposit of Governmental Funds.

Section 14-2-19 - Bonds - Disposition of Proceeds.

Section 14-2-20 - Bonds - Investment of Proceeds.

Section 14-2-21 - Bonds - Security.

Section 14-2-22 - Bonds - Enforcement Upon Default.

Section 14-2-23 - Bonds - Bonds and Coupons Deemed Negotiable Instruments.

Section 14-2-24 - Obligations, Bonds, and Notes Not Debt of State.

Section 14-2-25 - Conveyance of Property by State; Right to Possession Thereof; Consideration Therefor.

Section 14-2-26 - Kilby Property - Sale or Lease by Authority.

Section 14-2-27 - Kilby Property - Lease to United States Environmental Protection Agency.

Section 14-2-28 - Facilities - Construction.

Section 14-2-28.1 - Facilities - Determination on Provider of Telephone Service.

Section 14-2-29 - Facilities - Leasing - State or Agency Thereof.

Section 14-2-30 - Facilities - Leasing - County, Municipal Corporation, Agency of Federal Government, Etc.

Section 14-2-30.1 - This Section Was Assigned by the Code Commissioner in the 2021 Special Session, Effective October 1, 2021. This Is Not in the Current Code Supplement.

Section 14-2-31 - Special Funds.

Section 14-2-32 - Exemption From Taxation.

Section 14-2-33 - Venue for Actions.

Section 14-2-34 - Dissolution.

Section 14-2-35 - Fees of Secretary of State.

Section 14-2-36 - Exemption From Competitive Bid Laws.

Section 14-2-37 - Swap Agreements.

Section 14-2-38 - This Section Was Assigned by the Code Commissioner in the 2021 Special Session, Effective October 1, 2021. This Is Not in the Current Code Supplement.

Section 14-2-39 - This Section Was Assigned by the Code Commissioner in the 2021 Special Session, Effective October 1, 2021. This Is Not in the Current Code Supplement.

Section 14-2-40 - This Section Was Assigned by the Code Commissioner in the 2021 Special Session, Effective October 1, 2021. This Is Not in the Current Code Supplement.