The authority shall be composed of the Governor, the Director of Finance, one member of the Senate, appointed by the President of the Senate, one member of the House of Representatives, appointed by the Speaker of the House, and the Director of the State Docks Department.
The Governor shall be the president of the authority, and the Director of Finance shall be its secretary. The Director of the State Docks Department shall be the treasurer of the authority and shall act as custodian of the proceeds from the sale of the bonds. The members of the authority shall constitute all the members of the board of directors of the authority. Should any person holding any state office named in this section cease to hold such office by reason of death, resignation, expiration of his term of office or for any other reason, then his successor in office shall take his place as a member, officer or director of the authority. No member, officer or director of the authority shall receive any compensation for any service he may render or for any duty he may perform in connection with the authority.
The board of directors shall meet on call of the president of the authority. All proceedings had and done by the board of directors shall be signed by the Governor and shall be recorded in a substantially bound book and filed in the office of the secretary. Copies of such proceedings, when certified by the secretary of the authority, shall be received in all courts as prima facie evidence of the matters and things therein certified.
Structure Code of Alabama
Title 33 - Navigation and Watercourses.
Chapter 13 - Alabama Port Authority.
Section 33-13-1 - Definitions.
Section 33-13-2 - Legislative Intent; Construction of Chapter.
Section 33-13-3 - Authorization to Form Public Corporation.
Section 33-13-4 - Procedure for Incorporation.
Section 33-13-5 - Certificate of Incorporation; No Fees to Be Paid to Secretary of State.
Section 33-13-6 - Members, Officers and Directors; Meetings; Record of Proceedings.
Section 33-13-7 - Powers Enumerated.
Section 33-13-8 - Fiscal Year; Reports and Recommendations.
Section 33-13-9 - Bonds - Generally.
Section 33-13-10 - Bonds - State Docks Facilities Reserve Fund.
Section 33-13-11 - Bonds - Refunding Bonds.
Section 33-13-12 - Bonds - Disposition of Proceeds; Investments.
Section 33-13-13 - Bonds - State Treasurer to Pay Principal and Interest of Bonds; Records.