As promptly as practicable after the incorporation of the foundation, the Governor shall execute and deliver to the foundation an appropriate deed conveying to the foundation that certain lot or parcel of land owned by the state and situated adjacent to the Judicial Building in the City and County of Montgomery, Alabama, upon the condition that if the land shall ever cease being used for any of the purposes described in Section 34-3-100, title thereto shall revert to the state. The deed shall be so executed and delivered without the payment of any pecuniary consideration by the foundation, but upon the undertaking by the foundation to construct thereon a building or buildings suitable for the uses described in Section 34-3-100.
Structure Code of Alabama
Title 34 - Professions and Businesses.
Article 5 - State Bar Building Foundation.
Section 34-3-100 - Legislative Findings and Intent.
Section 34-3-101 - Application for Incorporation.
Section 34-3-102 - Certificate of Incorporation.
Section 34-3-103 - Board of Trustees and Officers.
Section 34-3-104 - Powers of Foundation.
Section 34-3-105 - Exemptions From Taxation.
Section 34-3-106 - Parcel of Land to Be Conveyed by State to Foundation.
Section 34-3-107 - Disbursement of Appropriations to State Bar for Construction of Buildings.
Section 34-3-108 - Nonprofit and Public Nature of Foundation.