This article is intended to aid the State of Alabama in the execution of its duties by providing an appropriate and independent political subdivision of the state with full and adequate powers to fulfill the functions herein authorized. No proceeding, notice, or approval shall be required for the incorporation of the authority or the amendment of its certificate of incorporation, the acquisition of any property or facilities, or the issuance of any bonds, mortgage and deed of trust, or trust indenture. The authority, its facilities, and other property, and the rates and charges thereof shall be exempt from all jurisdiction of, and all regulation and supervision by, the Public Service Commission. Neither a public hearing nor the consent of the State Department of Finance shall be prerequisite to the issuance of bonds by the authority.
Structure Code of Alabama
Article 9 - Economic and Industrial Development and Tourism.
Section 45-29-90 - Definitions.
Section 45-29-90.01 - Tom Bevill Reservoir Management Area.
Section 45-29-90.02 - Board of Directors.
Section 45-29-90.03 - Certificate of Incorporation.
Section 45-29-90.04 - Meetings; Officers.
Section 45-29-90.05 - Powers, Duties, and Functions of Authority.
Section 45-29-90.06 - Developmental Plans.
Section 45-29-90.07 - Acquisition of Property.
Section 45-29-90.08 - Contractual Powers; Additional Powers.
Section 45-29-90.09 - Bonds Authorized.
Section 45-29-90.10 - Levy of Taxes; General Fund.
Section 45-29-90.11 - Regulation of Zoning, Planning, and Construction.
Section 45-29-90.12 - Rates, Fees, and Charges for Services.
Section 45-29-90.13 - Execution of Bonds; Pledge of Revenues, Receipts, and Other Security.
Section 45-29-90.14 - Contracts to Secure Bonds and Assumed Obligations.
Section 45-29-90.15 - Statutory Mortgage Lien.
Section 45-29-90.16 - Disposition of Funds.
Section 45-29-90.17 - Exemption From Taxation.
Section 45-29-90.18 - Monetary Contributions by County and Municipalities.
Section 45-29-90.19 - Freedom of Authority From State Supervision and Control.
Section 45-29-90.20 - Use of Public Roads.
Section 45-29-90.21 - Annual Report.
Section 45-29-90.22 - Cooperation of State Agencies.