The governing body of the City of Bayou La Batre, Mobile County, Alabama, may declare by the adoption of appropriate resolution the need for the formation of a public corporation to carry out this article. Upon the adoption of such resolution the governing body of the City of Bayou La Batre shall appoint five persons, each of whom shall be a duly qualified elector or property owner in the City of Bayou La Batre, or corporate officer of a property owner in the City of Bayou La Batre, who shall form the board of directors of such corporation and shall proceed to organize such corporation.
Structure Code of Alabama
Chapter 49A - Mobile County Municipalities.
Section 45-49A-10 - Authority to Form Public Corporation.
Section 45-49A-10.01 - Certificate of Incorporation.
Section 45-49A-10.02 - Filing of Certificate.
Section 45-49A-10.03 - Board of Directors.
Section 45-49A-10.04 - Powers of Corporation.
Section 45-49A-10.05 - Power to Borrow Money and Issue Revenue Bonds.
Section 45-49A-10.06 - Contract Requirements.
Section 45-49A-10.07 - Lease, Sale, Donation, or Transfer of Property to the Corporation.
Section 45-49A-10.08 - Debts, Obligations, or Liabilities of Corporation.