Except as may be expressly provided in this division, no proceeding, notice, or approval shall be required for the issuance of any authority obligations, the execution of any mortgage and deed of trust, trust indenture, or other document, or the exercise of any other of the powers of the authority. Neither a public hearing nor the consent of the Department of Finance shall be prerequisite to the issuance of authority obligations by the authority.
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.