The corporation shall have a board of directors in which all powers of the corporation shall be vested and which shall consist of any number of directors, not less than six, all of whom shall be duly qualified electors of and taxpayers in the county. The directors shall serve as such without compensation except that they shall be reimbursed for their actual expenses incurred in and about the performance of their duties under this part. No director shall be an officer or employee of the county or a participating municipality, and in no event shall the judge of probate serve as such director. The directors shall be elected in the manner provided by the articles of incorporation so that they shall hold office for staggered terms. If at the expiration of any term of office of any director a successor thereto shall not have been elected, then the director whose term of office shall have expired shall continue to hold office until his or her successor shall be so elected. Any meeting held by the board of directors for any purpose whatsoever shall be open to the public.
Structure Code of Alabama
Article 9 - Economic and Industrial Development and Tourism.
Section 45-49-90 - Definitions.
Section 45-49-90.01 - Purpose; Liberal Construction.
Section 45-49-90.02 - Authority to Incorporate; Participation of Municipality.
Section 45-49-90.03 - Certificate of Incorporation - Requirements.
Section 45-49-90.04 - Certificate of Incorporation - Filing, Approval, and Recording.
Section 45-49-90.05 - Certificate of Incorporation Amendments.
Section 45-49-90.06 - Board of Directors.
Section 45-49-90.07 - Powers of Corporation; Location of Industrial Park.
Section 45-49-90.08 - Bonds of the Corporation.
Section 45-49-90.09 - Notice of Bond Resolution.
Section 45-49-90.10 - Liability of County or Municipalities.
Section 45-49-90.11 - Earnings of the Corporation.
Section 45-49-90.12 - Dissolution of Corporation.
Section 45-49-90.13 - Recording of Instruments.
Section 45-49-90.14 - Exemption From Taxation.