Code of Alabama
Chapter 15 - Bear Creek Development Authority.
Section 33-15-14 - Freedom of Authority From Supervision and Control.

This chapter is intended to aid the State of Alabama in the execution of its duties by providing an appropriate and independent political subdivision of the state with full and adequate powers to fulfill the functions herein authorized. Except as in this chapter expressly otherwise provided, no proceeding, notice or approval shall be required for the incorporation of the authority or the amendment of its certificate of incorporation, the acquisition of any property or facilities or the issuance of any bonds, mortgage and deed of trust or trust indenture. The authority, its facilities and other property and the rates and charges thereof shall be exempt from all jurisdiction of, and all regulation and supervision by, the Public Service Commission. Neither a public hearing nor the consent of the State Department of Finance shall be prerequisite to the issuance of bonds by the authority. Nothing herein shall be construed to repeal the requirement for obtaining the permit provided for in Section 22-23-2.

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Structure Code of Alabama

Code of Alabama

Title 33 - Navigation and Watercourses.

Chapter 15 - Bear Creek Development Authority.

Section 33-15-1 - Definitions.

Section 33-15-2 - Authorization and Establishment; Purpose; Public Corporation and Political Subdivision.

Section 33-15-3 - Procedure for Incorporation.

Section 33-15-4 - Composition of Board of Directors; Appointment, Qualifications and Terms of Members; Vacancies in Office.

Section 33-15-5 - Initial Meeting of Board; Expenses of Directors; Quorum; Acquisition by Eminent Domain of Certain Property or Rights Not Authorized.

Section 33-15-6 - Powers, Duties and Functions Generally.