When the application has been made, filed, and recorded, the applicants shall constitute a public corporation and public instrumentality of the state under the name set forth in the application and the Secretary of State shall make and issue to the applicants a certificate of incorporation pursuant to this division, under the Great Seal of the State, and shall record the certificate with the application. There shall be no fees paid to the Secretary of State for any service rendered or work performed in connection with the authority, its incorporation, dissolution or records.
Structure Code of Alabama
Article 16 - Alabama Incentives Financing Authority.
Division 1 - General Provisions.
Section 41-10-540 - Legislative Findings; Construction.
Section 41-10-541 - Definitions.
Section 41-10-542 - Incorporation of Authority.
Section 41-10-543 - Application for Incorporation.
Section 41-10-544 - Certificate of Incorporation.
Section 41-10-545 - Members; Officers; Quorum; Vacancies; Salaries; Record of Proceedings.
Section 41-10-546 - Powers of Authority.
Section 41-10-547 - Bonds of the Authority.
Section 41-10-548 - Use of Proceeds From Bonds.
Section 41-10-549 - Payment or Reimbursement of Training Facility Management Fees.
Section 41-10-550 - Appropriation and Pledge of Funds for Authority Obligations.
Section 41-10-553 - Exemption From Taxes, Fees, Etc.
Section 41-10-554 - No Notice, Approval, Public Hearing, etc., Required for Issuance of Obligations.