Code of Alabama
Chapter 2 - Alabama Corrections Institution Finance Authority.
Section 14-2-6 - Members; Officers; Directors; Quorum; Vacancies; Salaries.

THIS SECTION WAS AMENDED BY ACT 2021-546 IN THE 2021 1ST SPECIAL SESSION, EFFECTIVE OCTOBER 1, 2021. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT.
(a) The membership of the authority shall be as follows: The Governor shall be the president of the authority, the Commissioner of Corrections shall be the vice president of the authority, and the Director of Finance shall be the secretary of the authority. In addition to these three members, the Chair of the House Ways and Means General Fund Committee, the Chair of the Senate Finance and Taxation General Fund Committee, a member jointly appointed by the House Minority Leader and the Senate Minority Leader, and the Director of the Board of Pardons and Paroles shall be members of the authority. The governing documents of the authority shall be amended to reflect this membership.
(b) The State Treasurer shall be the treasurer and custodian of the funds of the authority, but shall not be a member of the authority.
(c) A majority of the members of the authority shall constitute a quorum for the transaction of business.
(d) Should any person holding any state office named in this section cease to hold such office by reason of death, resignation, expiration of his or her term of office, or for any other reason, then his or her successor in office shall take his or her place as a member or officer, as the case may be, of the authority.
(e) No member or officer of the authority shall draw any salary in addition to that now authorized by law for any service he or she may render or for any duty he or she may perform in connection with the authority.
(f) No member, officer, or employee of the authority shall be personally liable for any debt, obligation, or liability of the authority.
(g) The authority may delegate any of its administrative or reporting duties and obligations under this chapter to the Department of Corrections or any other state agency, department, or other state entity.

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.