The Governor, the commissioner, the Director of Finance, the chairman of the oversight committee and the vice-chairman of the oversight committee may become a public corporation with the powers hereinafter provided, by proceeding according to the provisions of Section 41-10-353 of this article.
Structure Code of Alabama
Article 11 - Alabama Mental Health Finance Authority.
Section 41-10-350 - Legislative Findings and Purpose.
Section 41-10-351 - Definitions.
Section 41-10-352 - Authority for Incorporation of Alabama Mental Health Finance Authority; Members.
Section 41-10-353 - Application for Authority to Incorporate.
Section 41-10-354 - Certificate of Incorporation; No Fee or Compensation to Secretary of State.
Section 41-10-356 - Powers of Authority.
Section 41-10-357 - Authorization to Issue Bonds; Limitation on Use of Proceeds.
Section 41-10-359 - Execution and Delivery of Bonds; Designation of Bonds for Community Facilities.
Section 41-10-363 - Refunding Bonds; Proceeds of Sale of Refunding Bonds.
Section 41-10-365 - Sinking Fund for Payment of Principal and Interest on Bonds of Authority.
Section 41-10-366 - Contracts, etc., Do Not Create Obligations of State.
Section 41-10-368 - Authority Is Nonprofit Corporation.
Section 41-10-369 - Dissolution of Authority; Disposition of Property Upon Dissolution of Authority.