Code of Alabama
Article 11 - Uss Alabama Battleship Commission.
Section 41-9-357 - Battleship Fund.

The commission shall establish and maintain at such lawful depository or depositories in the State of Alabama as it shall select a "Battleship Fund," composed of the money or moneys which may come into its hands from admissions, inspection fees, gifts, donations, grants, bequests, loans, bond issues, governmental appropriations, or other sources, either public or private. The funds shall be used by the commission to pay the costs of acquiring, restoring, renovating, outfitting, documenting, developing, maintaining, displaying, recording, storing, and when deemed appropriate, disposing of artifacts, exhibits, and park assets, and conducting marketing, promotion, and other activities to sustain operations, and meet maintenance and development requirements for the purposes set forth in this article and for the servicing, retirement, or amortization of any bonds or other evidences of indebtedness issued by the commission. The commission, in the promotion of Battleship Memorial Park through its chair and such employees as may be designated in writing by the chair, may expend funds of the commission to entertain customers or prospective customers and prospects, including prospective contributors or in promoting public relations in such a manner as the chair deems necessary. Any funds expended under this section shall be subject to audit and accounting as otherwise provided for by law.

Structure Code of Alabama

Code of Alabama

Title 41 - State Government.

Chapter 9 - Boards and Commissions.

Article 11 - Uss Alabama Battleship Commission.

Section 41-9-340 - Creation; Composition; Qualifications, Appointment, Terms of Office and Removal of Members; Vacancies.

Section 41-9-341 - Members Not to Receive Pay, etc.; Payment of Expenses of Members; Conflicts of Interest of Members or Employees of Commission; Penalty.

Section 41-9-342 - Meetings Generally; Quorum; Organization and Procedure; Seal; Officers; Requirement of Bond From Treasurer.

Section 41-9-343 - Executive Committee.

Section 41-9-344 - Executive Director.

Section 41-9-345 - Employees.

Section 41-9-346 - Commission a Public Body Corporate.

Section 41-9-347 - Commission to Establish, Operate, etc., Memorial Park and Acquire, Exhibit, etc., Battleship Uss Alabama, Etc.

Section 41-9-348 - Commission to Be State Agency; Commission to Have Exclusive Control Over Battleship, Park, Etc.

Section 41-9-349 - Powers and Duties of Commission Generally.

Section 41-9-350 - Maintenance and Audits of Records and Books of Account; Establishment, etc., of Reserve Fund for Special Contingencies and Emergencies.

Section 41-9-351 - Commission May Provide for Insurance for Properties and Employees.

Section 41-9-352 - Authority for Issuance and Sale of Revenue Bonds; Form, Terms, Denomination, etc., Generally; Sale; Redemption; Payment of Principal and Interest on Bonds and Security Therefor.

Section 41-9-353 - Bonds and Other Obligations to Be Exclusively Obligations of Commission; Bonds and Coupons to Be Negotiable Instruments and to Constitute Legal Investments for Banks, Insurance Companies and Fiduciaries; Effect of Recital as to Iss...

Section 41-9-354 - Borrowing of Money From Private Sources, etc., Authorized Generally; Pledge of Future Revenues From Admissions, etc., as Security for Repayment of Such Loans.

Section 41-9-355 - Loan From State Docks Department; Commission May Borrow From Banks Pending Such Loan and Pledge Loan as Security; $50,000.00 Outstanding Indebtedness Forgiven.

Section 41-9-356 - Appropriations by Counties and Municipalities.

Section 41-9-357 - Battleship Fund.

Section 41-9-358 - Exemption From Taxation of Commission and Income, Properties, etc., Thereof.