Code of Alabama
Chapter 3A - Alabama Public Health Finance Authority.
Section 22-3A-5 - Certificate of Incorporation.

When the application has been made, filed, and recorded as herein provided, the applicants shall constitute a public corporation under the name proposed in the application. The Secretary of State shall make and issue to the applicants a certificate of incorporation under the Great Seal of the state and shall record the certificate with the application. No fees or compensation shall be paid to the Secretary of State for any service rendered or work performed in connection with the authority, its incorporation, dissolution or records.

Structure Code of Alabama

Code of Alabama

Title 22 - Health, Mental Health, and Environmental Control.

Title 1 - Health and Environmental Control Generally.

Chapter 3A - Alabama Public Health Finance Authority.

Section 22-3A-1 - Legislative Findings and Declarations.

Section 22-3A-2 - Definitions.

Section 22-3A-3 - Creation of Corporation; Members.

Section 22-3A-4 - Application.

Section 22-3A-5 - Certificate of Incorporation.

Section 22-3A-6 - Members; Officers; Terms; Records; Meetings; Appointment of Governor's Designee.

Section 22-3A-7 - Powers of Authority.

Section 22-3A-8 - Issuance of Bonds.

Section 22-3A-9 - Form of Bonds; Redemption Option.

Section 22-3A-10 - Authentication of Bonds.

Section 22-3A-11 - Sale of Bonds.

Section 22-3A-12 - Nature of Bonds.

Section 22-3A-13 - Tax Exemption; Use of Bonds as Security; Investment in Bonds.

Section 22-3A-14 - Refunding Bonds.

Section 22-3A-15 - Disposition of Proceeds of Bonds; Public Health Facilities Building Fund; Powers of Authority; Improvement and Construction Defined; Supervision; Bidding.

Section 22-3A-16 - Appropriation Made; Debt Service Reserve Fund Established.

Section 22-3A-17 - Obligations, etc., as Obligations of Authority and Not State.

Section 22-3A-18 - Investment of Proceeds From Bond Sale; When Authorized; Application of Income.

Section 22-3A-19 - Certain Public Health Facilities as Primary Obligation of Authority; Reimbursement to Counties; Refinancing or Refunding of Obligations.

Section 22-3A-20 - Authority as Nonprofit Corporation.

Section 22-3A-21 - Dissolution of Authority.

Section 22-3A-22 - Payment by State Treasurer Authorized; Records.

Section 22-3A-23 - Approval of Allocations Other Than Those in Section 22-3a- 19(a) to Be Unanimous.

Section 22-3A-24 - Payments and Investment Agreements to Ensure Federal Tax Exemption.