The Armory Commission of Alabama is hereby authorized, in addition to all other powers and authority granted herein, to finance or refinance any armory buildings or structures now in existence, to finance or refinance improvements to or additions to such armories already in existence and to finance the construction and maintenance of new or additional armories. The Armory Commission of Alabama is hereby vested with the full authority and power to finance or refinance armories already in existence, to finance the construction of improvements or additions to such armories already in existence and to finance the construction of such new or additional armories by or through any plan or plans of finance or refinance acceptable to or adopted by the Armory Commission. The Armory Commission is authorized to provide for such financing or refinancing by the sale of bonds, by the matching of funds donated or loaned by any agency of the federal government or by any other plan of finance or refinance acceptable to and adopted by the commission, it being intended by this section to vest in the Armory Commission of Alabama, full, complete, and exclusive authority, not inconsistent with the Constitution of Alabama, to select and put into effect any feasible plan of finance or refinance the commission may adopt.
Structure Code of Alabama
Title 31 - Military Affairs and Civil Defense.
Chapter 4 - Armory Commission.
Section 31-4-1 - Composition; Chairman; Term of Office of Appointed Members.
Section 31-4-2 - Procedure for Incorporation.
Section 31-4-5 - Financing or Refinancing of Armories, Etc.
Section 31-4-8 - Acquisition, Construction, etc., of Armories, Grounds, Etc.
Section 31-4-10 - Exercise of Power of Condemnation.
Section 31-4-12 - Property Used for Armory and Training Purposes Exempt From Taxation, Etc.
Section 31-4-14 - Use and Disposition of Armories Generally.
Section 31-4-15 - Management and Care of Armories; Armory Boards or Officers of Control.
Section 31-4-16 - Sale or Lease of Armories.
Section 31-4-18 - Reversion of Donations.
Section 31-4-19 - Disbursement of Regular Military Appropriations for Maintenance of Armories, Etc.