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https://law.justia.com/codes/alabama/title-11/title-2/chapter-57/section-11-57-14/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 57 - Public Library Authorities.›Section 11-57-14 - Bonds - Negotiability. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 57 - Public Library Authorities. › Section 11-57-14 - Bonds - Negotiability. | Section 11-57-14
Bonds - Negotiability.
All bonds issued by the authority, while not registered, shall be construed to be negotiable instruments even though they are payable from a limited source. All coupons applicable to any bonds issued by the authority, while the applicable bonds are not registered as to both princ... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-57/section-11-57-15/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 57 - Public Library Authorities.›Section 11-57-15 - Bonds - Security for Payment of Principal and Interest. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 57 - Public Library Authorities. › Section 11-57-15 - Bonds - Security for Payment of Principal and Interest. | Section 11-57-15
Bonds - Security for payment of principal and interest.
The principal of and the interest on the bonds shall be secured by a pledge of the revenues out of which the bonds shall be made payable by an assignment or pledge of the lease agreement covering the project from which revenues so pledged shall be... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-57/section-11-57-16/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 57 - Public Library Authorities.›Section 11-57-16 - Bonds - Disposition of Proceeds From Sale. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 57 - Public Library Authorities. › Section 11-57-16 - Bonds - Disposition of Proceeds From Sale. | Section 11-57-16
Bonds - Disposition of proceeds from sale.
(a) The proceeds derived from the sale of any bonds sold by the authority, other than refunding bonds, shall be used only to pay the cost of acquiring, constructing, improving, enlarging and equipping one or more projects as may be provided in the proceedings ... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-57/section-11-57-17/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 57 - Public Library Authorities.›Section 11-57-17 - Refunding Bonds. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 57 - Public Library Authorities. › Section 11-57-17 - Refunding Bonds. | Section 11-57-17
Refunding bonds.
The authority may at any time and from time to time sell and issue its refunding revenue bonds for the purpose of refunding the principal of and interest on any matured or unmatured bonds of the authority at the time outstanding and for the payment of any expenses incurred in connectio... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-57/section-11-57-18/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 57 - Public Library Authorities.›Section 11-57-18 - Investment in Bonds - by Municipalities. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 57 - Public Library Authorities. › Section 11-57-18 - Investment in Bonds - by Municipalities. | Section 11-57-18
Investment in bonds - By municipalities.
The governing body is authorized in its discretion to invest in bonds of the authority any idle or surplus money held in the treasury of the municipality which is not otherwise earmarked or pledged.
(Acts 1961, No. 895, p. 1407, §22; Acts 1961, Ex. Sess., No. 28... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-57/section-11-57-19/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 57 - Public Library Authorities.›Section 11-57-19 - Investment in Bonds - by Executors, Savings Banks, Insurance Companies, Etc... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 57 - Public Library Authorities. › Section 11-57-19 - Investment in Bonds - by Executors, Savings Banks, Insurance Companies, Etc. | Section 11-57-19
Investment in bonds - By executors, savings banks, insurance companies, etc.
Bonds issued under the provisions of this chapter are hereby made legal investments for savings banks and insurance companies organized under the laws of the state. Unless otherwise directed by the court having jurisdiction th... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-57/section-11-57-20/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 57 - Public Library Authorities.›Section 11-57-20 - Remedies Upon Default on Bonds, Lease Agreements, Etc. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 57 - Public Library Authorities. › Section 11-57-20 - Remedies Upon Default on Bonds, Lease Agreements, Etc. | Section 11-57-20
Remedies upon default on bonds, lease agreements, etc.
(a) In event of default on the bonds. If there should be any default in the payment of the principal of or interest on any bonds issued under this chapter, then the holder of any of the bonds and of any of the interest coupons applicable thereto an... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-57/section-11-57-21/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 57 - Public Library Authorities.›Section 11-57-21 - Liability of State or Municipalities on Bonds and Obligations of Authoritie... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 57 - Public Library Authorities. › Section 11-57-21 - Liability of State or Municipalities on Bonds and Obligations of Authorities. | Section 11-57-21
Liability of state or municipalities on bonds and obligations of authorities.
All obligations incurred by the authority and all bonds issued by it shall be solely and exclusively an obligation of the authority and shall not create an obligation or debt of the State of Alabama or of the municipality.
(A... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-57/section-11-57-22/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 57 - Public Library Authorities.›Section 11-57-22 - Investment of Funds of Authorities. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 57 - Public Library Authorities. › Section 11-57-22 - Investment of Funds of Authorities. | Section 11-57-22
Investment of funds of authorities.
Any portion of the principal proceeds derived from the sale of the bonds which the board may determine is not presently needed for any of the purposes for which the bonds are authorized to be issued and any other moneys of the authority which the board may determine ... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-57/section-11-57-23/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 57 - Public Library Authorities.›Section 11-57-23 - Conveyances of Property to Authorities by Municipalities. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 57 - Public Library Authorities. › Section 11-57-23 - Conveyances of Property to Authorities by Municipalities. | Section 11-57-23
Conveyances of property to authorities by municipalities.
The municipality is hereby authorized to transfer and convey to the authority, with or without the payment of monetary consideration therefor, any property that may immediately preceding such conveyance be owned by the municipality, whether or n... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-57/section-11-57-24/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 57 - Public Library Authorities.›Section 11-57-24 - Authority and Procedure for Dissolution of Authorities; Vesting of Title to... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 57 - Public Library Authorities. › Section 11-57-24 - Authority and Procedure for Dissolution of Authorities; Vesting of Title to Assets or Properties Thereof in Municipalit... | Section 11-57-24
Authority and procedure for dissolution of authorities; vesting of title to assets or properties thereof in municipalities upon dissolution; formation of authorities not to prevent subsequent formation of other authorities by same municipalities.
(a) At any time when the authority does not have any bon... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-57/section-11-57-25/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 57 - Public Library Authorities.›Section 11-57-25 - Exemption From Taxation of Properties, Bonds, Etc. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 57 - Public Library Authorities. › Section 11-57-25 - Exemption From Taxation of Properties, Bonds, Etc. | Section 11-57-25
Exemption from taxation of properties, bonds, etc.
The properties of the authority and the income therefrom, all lease agreements made by the authority, all bonds issued by the authority and the coupons applicable thereto and the income therefrom and all indentures executed with respect thereto shall b... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-57/section-11-57-26/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 57 - Public Library Authorities.›Section 11-57-26 - Construction of Chapter. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 57 - Public Library Authorities. › Section 11-57-26 - Construction of Chapter. | Section 11-57-26
Construction of chapter.
This chapter shall not be construed as a restriction or limitation upon any power, right or remedy which any municipality or any corporation now in existence or hereafter formed may have in the absence hereof and shall be construed as cumulative and independent thereof.
(Acts 1... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-58/section-11-58-1/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 58 - Medical Clinic Boards.›Section 11-58-1 - Definitions. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 58 - Medical Clinic Boards. › Section 11-58-1 - Definitions. | Section 11-58-1
Definitions.
When used in this chapter, the following words and phrases shall have the following meanings, respectively, unless the context clearly indicates otherwise:
(1) CLINICAL FACILITIES. Real property for the location or better utilization of a medical clinic, buildings, parking areas, garages, s... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-58/section-11-58-2/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 58 - Medical Clinic Boards.›Section 11-58-2 - Purpose of Chapter; Application for Authority to Form Corporation; Adoption of Re... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 58 - Medical Clinic Boards. › Section 11-58-2 - Purpose of Chapter; Application for Authority to Form Corporation; Adoption of Resolution by Governing Body Authorizing Incor... | Section 11-58-2
Purpose of chapter; application for authority to form corporation; adoption of resolution by governing body authorizing incorporation; execution and filing of certificate of incorporation generally; effect of granting of authority for incorporation upon incorporation of other such corporations.
(a) The ... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-58/section-11-58-3/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 58 - Medical Clinic Boards.›Section 11-58-3 - Contents, Execution, Acknowledgment, Filing and Recordation of Certificate of Inc... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 58 - Medical Clinic Boards. › Section 11-58-3 - Contents, Execution, Acknowledgment, Filing and Recordation of Certificate of Incorporation. | Section 11-58-3
Contents, execution, acknowledgment, filing and recordation of certificate of incorporation.
(a) The certificate of incorporation of any corporation organized under this chapter shall state:
(1) The name of the corporation, which shall be a name indicating the purpose for which the corporation is organi... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-58/section-11-58-4/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 58 - Medical Clinic Boards.›Section 11-58-4 - Board of Directors. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 58 - Medical Clinic Boards. › Section 11-58-4 - Board of Directors. | Section 11-58-4
Board of directors.
Each corporation formed under this chapter shall have a board of directors which shall constitute the governing body of the corporation, consisting of three members who shall serve without compensation, except that they shall be reimbursed for actual expenses incurred in the performa... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-58/section-11-58-5/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 58 - Medical Clinic Boards.›Section 11-58-5 - Powers of Corporations Generally. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 58 - Medical Clinic Boards. › Section 11-58-5 - Powers of Corporations Generally. | Section 11-58-5
Powers of corporations generally.
Each corporation formed under this chapter shall have the following powers, together with all the powers incidental thereto or necessary to the discharge thereof in corporate form:
(1) To have succession by its corporate name for the period specified in the certificate ... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-58/section-11-58-5-1/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 58 - Medical Clinic Boards.›Section 11-58-5.1 - Power of Eminent Domain. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 58 - Medical Clinic Boards. › Section 11-58-5.1 - Power of Eminent Domain. | Section 11-58-5.1
Power of eminent domain.
Medical clinic boards are hereby granted the power of eminent domain and may exercise such power in the manner provided by law for the purpose of obtaining real property for medical clinics and clinical facilities.
(Acts 1979, No. 79-831, p. 1567, §2.) |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-58/section-11-58-6/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 58 - Medical Clinic Boards.›Section 11-58-6 - Requirements as to Leasing of Medical Clinics or Clinical Facilities; Disposition... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 58 - Medical Clinic Boards. › Section 11-58-6 - Requirements as to Leasing of Medical Clinics or Clinical Facilities; Disposition of Revenue From Operation of Clinic. | Section 11-58-6
Requirements as to leasing of medical clinics or clinical facilities; disposition of revenue from operation of clinic.
(a) Prior to the leasing of the medical clinic or clinical facilities, the board of directors must determine and find the following:
(1) The amount necessary in each year to pay the pri... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-58/section-11-58-7/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 58 - Medical Clinic Boards.›Section 11-58-7 - Bonds - Form, Terms, Denominations, etc.; Execution, Sale, Delivery, etc.; Dissol... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 58 - Medical Clinic Boards. › Section 11-58-7 - Bonds - Form, Terms, Denominations, etc.; Execution, Sale, Delivery, etc.; Dissolution of Corporation. | Section 11-58-7
Bonds - Form, terms, denominations, etc.; execution, sale, delivery, etc.; dissolution of corporation.
(a) All bonds issued by a corporation organized under authority of this chapter shall be solely and exclusively obligations of the corporation and shall not create an obligation or debt of any municipa... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-58/section-11-58-8/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 58 - Medical Clinic Boards.›Section 11-58-8 - Bonds - Security for Payment of Principal and Interest; Remedies Upon Default. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 58 - Medical Clinic Boards. › Section 11-58-8 - Bonds - Security for Payment of Principal and Interest; Remedies Upon Default. | Section 11-58-8
Bonds - Security for payment of principal and interest; remedies upon default.
The principal of and interest on any bonds issued by a corporation organized under the authority of this chapter shall be secured by a pledge of the rentals and other receipts of all or any part of the medical clinic and its ... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-58/section-11-58-9/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 58 - Medical Clinic Boards.›Section 11-58-9 - Bonds - Disposition of Proceeds From Sale. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 58 - Medical Clinic Boards. › Section 11-58-9 - Bonds - Disposition of Proceeds From Sale. | Section 11-58-9
Bonds - Disposition of proceeds from sale.
(a) The proceeds from the sale of any bonds issued by a corporation organized under authority of this chapter shall be applied only for the purpose for which the bonds were issued; provided, however, that any accrued interest and premium received in any such sa... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-58/section-11-58-10/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 58 - Medical Clinic Boards.›Section 11-58-10 - Refunding Bonds. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 58 - Medical Clinic Boards. › Section 11-58-10 - Refunding Bonds. | Section 11-58-10
Refunding bonds.
Any bonds issued by a corporation organized under this chapter and at any time outstanding may at any time and from time to time be refunded by the corporation by the issuance of its refunding bonds in such amount as the board of directors may deem necessary but not exceeding the princ... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-58/section-11-58-11/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 58 - Medical Clinic Boards.›Section 11-58-11 - Investment in Bonds by Savings Banks and Insurance Companies. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 58 - Medical Clinic Boards. › Section 11-58-11 - Investment in Bonds by Savings Banks and Insurance Companies. | Section 11-58-11
Investment in bonds by savings banks and insurance companies.
Bonds issued under the provisions of this chapter shall be legal investments for savings banks and insurance companies organized under the laws of this state.
(Acts 1955, No. 516, p. 1160, §10.) |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-58/section-11-58-12/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 58 - Medical Clinic Boards.›Section 11-58-12 - Conveyances of Properties to Corporations by Municipalities and Counties. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 58 - Medical Clinic Boards. › Section 11-58-12 - Conveyances of Properties to Corporations by Municipalities and Counties. | Section 11-58-12
Conveyances of properties to corporations by municipalities and counties.
(a) Any county and any incorporated city and town may transfer and convey to its county or municipal medical clinic board, as the case may be, that is duly incorporated pursuant to this chapter, any property that may, immediately... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-58/section-11-58-13/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 58 - Medical Clinic Boards.›Section 11-58-13 - Authority and Procedure for Dissolution of Corporations; Vesting of Title to Fun... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 58 - Medical Clinic Boards. › Section 11-58-13 - Authority and Procedure for Dissolution of Corporations; Vesting of Title to Funds and Properties Thereof in Municipalities ... | Section 11-58-13
Authority and procedure for dissolution of corporations; vesting of title to funds and properties thereof in municipalities or counties upon dissolution; effect of dissolution of corporation upon other such corporations.
(a) Whenever the principal of and interest on all bonds of a corporation payable f... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-58/section-11-58-14/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 58 - Medical Clinic Boards.›Section 11-58-14 - Exemptions of Corporations - Taxation. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 58 - Medical Clinic Boards. › Section 11-58-14 - Exemptions of Corporations - Taxation. | Section 11-58-14
Exemptions of corporations - Taxation.
The bonds authorized by this chapter and the income therefrom, all mortgages executed as security therefor, all lease agreements made pursuant to the provisions hereof and all property and the revenue derived from any lease thereof shall be exempt from all taxatio... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-58/section-11-58-15/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 58 - Medical Clinic Boards.›Section 11-58-15 - Exemptions of Corporations - Usury and Interest Laws. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 58 - Medical Clinic Boards. › Section 11-58-15 - Exemptions of Corporations - Usury and Interest Laws. | Section 11-58-15
Exemptions of corporations - Usury and interest laws.
Each medical clinic board now or hereafter organized under the provisions of this chapter, as amended, is hereby exempted from the laws of the State of Alabama governing usury or prescribing or limiting interest rates, including, without limitation,... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-59/section-11-59-1/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 59 - Public Athletic Boards.›Section 11-59-1 - Definitions. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 59 - Public Athletic Boards. › Section 11-59-1 - Definitions. | Section 11-59-1
Definitions.
Wherever used in this chapter, unless a different meaning clearly appears in the context, the following terms shall be given the following respective meanings:
(1) CORPORATION. Any corporation organized pursuant to the provisions of this chapter.
(2) MUNICIPALITY. Any incorporated city or t... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-59/section-11-59-2/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 59 - Public Athletic Boards.›Section 11-59-2 - Legislative Intent; Construction of Chapter Generally. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 59 - Public Athletic Boards. › Section 11-59-2 - Legislative Intent; Construction of Chapter Generally. | Section 11-59-2
Legislative intent; construction of chapter generally.
(a) It is the intention of the Legislature by the passage of this chapter to authorize the incorporation in the several cities and towns in this state of public corporations for the purpose of owning and operating and contracting with others for the... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-59/section-11-59-3/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 59 - Public Athletic Boards.›Section 11-59-3 - Application for Authority to Incorporate Public Athletic Board; Adoption of Reso... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 59 - Public Athletic Boards. › Section 11-59-3 - Application for Authority to Incorporate Public Athletic Board; Adoption of Resolution by Governing Body Authorizing Incorpo... | Section 11-59-3
Application for authority to incorporate public athletic board; adoption of resolution by governing body authorizing incorporation; execution, acknowledgment and filing of certificate of incorporation generally.
Whenever any number of natural persons, not less than three, each of whom shall be a duly qu... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-59/section-11-59-4/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 59 - Public Athletic Boards.›Section 11-59-4 - Certificate of Incorporation - Contents; Execution and Acknowledgment. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 59 - Public Athletic Boards. › Section 11-59-4 - Certificate of Incorporation - Contents; Execution and Acknowledgment. | Section 11-59-4
Certificate of incorporation - Contents; execution and acknowledgment.
(a) The certificate of incorporation shall set forth:
(1) The names and residences of the applicants together with a recital that each of them is an elector of and taxpayer in the municipality;
(2) The name of the corporation which s... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-59/section-11-59-5/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 59 - Public Athletic Boards.›Section 11-59-5 - Certificate of Incorporation - Filing With Probate Judge; Examination, Approval,... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 59 - Public Athletic Boards. › Section 11-59-5 - Certificate of Incorporation - Filing With Probate Judge; Examination, Approval, and Recordation by Probate Judge. | Section 11-59-5
Certificate of incorporation - Filing with probate judge; examination, approval, and recordation by probate judge.
When executed and acknowledged in conformity with Section 11-59-4, the certificate of incorporation shall be filed with the judge of probate of any county in which may be located any portio... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-59/section-11-59-6/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 59 - Public Athletic Boards.›Section 11-59-6 - Certificate of Incorporation - Amendment. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 59 - Public Athletic Boards. › Section 11-59-6 - Certificate of Incorporation - Amendment. | Section 11-59-6
Certificate of incorporation - Amendment.
The certificate of incorporation may at any time and from time to time be amended so as to make any changes therein and add any provisions therein which may be located any portion of the territory embraced within the first instance.
Any such amendment shall be e... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-59/section-11-59-7/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 59 - Public Athletic Boards.›Section 11-59-7 - Board of Directors. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 59 - Public Athletic Boards. › Section 11-59-7 - Board of Directors. | Section 11-59-7
Board of directors.
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 three, all of whom shall be duly qualified electors of and taxpayers in the municipality. The directors shall serve... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-59/section-11-59-8/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 59 - Public Athletic Boards.›Section 11-59-8 - Powers of Corporations Generally. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 59 - Public Athletic Boards. › Section 11-59-8 - Powers of Corporations Generally. | Section 11-59-8
Powers of corporations generally.
The corporation shall have the following powers together with all powers incidental thereto or necessary for the performance of those hereinafter stated:
(1) To have succession by its corporate name for the period specified in the certificate of incorporation unless soo... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-59/section-11-59-9/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 59 - Public Athletic Boards.›Section 11-59-9 - Bonds - Form, Terms, Denominations, etc.; Execution, Sale, Delivery, Redemption,... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 59 - Public Athletic Boards. › Section 11-59-9 - Bonds - Form, Terms, Denominations, etc.; Execution, Sale, Delivery, Redemption, etc.; Refunding of Bonds. | Section 11-59-9
Bonds - Form, terms, denominations, etc.; execution, sale, delivery, redemption, etc.; refunding of bonds.
All bonds issued by the corporation shall be revenue bonds and shall be payable solely out of the revenues derived from the leasing or operation by the corporation of its facilities or of any there... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-59/section-11-59-10/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 59 - Public Athletic Boards.›Section 11-59-10 - Bonds - Security for Payment of Principal and Interest; Remedies Upon Default. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 59 - Public Athletic Boards. › Section 11-59-10 - Bonds - Security for Payment of Principal and Interest; Remedies Upon Default. | Section 11-59-10
Bonds - Security for payment of principal and interest; remedies upon default.
The principal of and interest on any bonds issued by the corporation shall be secured by a pledge of the revenues out of which the same shall be made payable and may be secured by a mortgage or deed of trust covering all or ... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-59/section-11-59-11/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 59 - Public Athletic Boards.›Section 11-59-11 - Liability of Municipalities Upon Bonds, Obligations, Agreements, etc., of Corpo... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 59 - Public Athletic Boards. › Section 11-59-11 - Liability of Municipalities Upon Bonds, Obligations, Agreements, etc., of Corporations. | Section 11-59-11
Liability of municipalities upon bonds, obligations, agreements, etc., of corporations.
The municipality shall not in any event be liable for the payment of the principal of or interest on any bonds of the corporation or for the performance of any pledge, mortgage, obligation or agreement of any kind w... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-59/section-11-59-12/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 59 - Public Athletic Boards.›Section 11-59-12 - Conveyances of Properties to Corporations by Municipalities. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 59 - Public Athletic Boards. › Section 11-59-12 - Conveyances of Properties to Corporations by Municipalities. | Section 11-59-12
Conveyances of properties to corporations by municipalities.
The municipality is hereby authorized and empowered to transfer and convey to the corporation any properties which, at the time of such transfer and conveyance, may have been acquired by such municipality as a site for or which may then be us... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-59/section-11-59-13/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 59 - Public Athletic Boards.›Section 11-59-13 - Powers of Corporations as to Conveyances, etc., of Title to Facilities. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 59 - Public Athletic Boards. › Section 11-59-13 - Powers of Corporations as to Conveyances, etc., of Title to Facilities. | Section 11-59-13
Powers of corporations as to conveyances, etc., of title to facilities.
Nothing contained in this chapter shall be construed to authorize the corporation to lease, sell, or transfer any of its facilities so as to vest title thereto or the use thereof in private ownership or control; provided, that any ... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-59/section-11-59-14/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 59 - Public Athletic Boards.›Section 11-59-14 - Authority and Procedure for Dissolution of Corporations; Vesting of Title to Fa... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 59 - Public Athletic Boards. › Section 11-59-14 - Authority and Procedure for Dissolution of Corporations; Vesting of Title to Facilities Thereof in Municipalities Upon Diss... | Section 11-59-14
Authority and procedure for dissolution of corporations; vesting of title to facilities thereof in municipalities upon dissolution.
When the principal of and interest on all bonds issued by the corporation shall have been paid, the title to all facilities then owned by the corporation shall thereupon v... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-59/section-11-59-15/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 59 - Public Athletic Boards.›Section 11-59-15 - Documents of Corporations May Be Filed for Record Without Payment of Taxes or C... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 59 - Public Athletic Boards. › Section 11-59-15 - Documents of Corporations May Be Filed for Record Without Payment of Taxes or Certain Fees. | Section 11-59-15
Documents of corporations may be filed for record without payment of taxes or certain fees.
The certificate of incorporation of the corporation, any deeds or other documents whereby properties are conveyed to the corporation, any mortgages or deeds of trust executed by the corporation and the certifica... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-59/section-11-59-16/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 59 - Public Athletic Boards.›Section 11-59-16 - Exemption From Taxation of Corporations, Facilities, Bonds, Etc. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 59 - Public Athletic Boards. › Section 11-59-16 - Exemption From Taxation of Corporations, Facilities, Bonds, Etc. | Section 11-59-16
Exemption from taxation of corporations, facilities, bonds, etc.
The corporation and all facilities at any time owned by it and the income therefrom and all bonds issued by it and the income therefrom shall be exempt from all taxation in the State of Alabama.
(Acts 1947, No. 231, p. 94, §11.) |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-59/section-11-59-17/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 59 - Public Athletic Boards.›Section 11-59-17 - Construction of Chapter. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 59 - Public Athletic Boards. › Section 11-59-17 - Construction of Chapter. | Section 11-59-17
Construction of chapter.
Neither this chapter nor anything contained in this chapter shall be construed as a restriction or limitation upon any powers which the corporation or the municipality might otherwise have under any laws of this state, but shall be construed as cumulative of any such powers.
No... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-60/section-11-60-1/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 60 - Public Park and Recreation Boards.›Section 11-60-1 - Definitions. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 60 - Public Park and Recreation Boards. › Section 11-60-1 - Definitions. | Section 11-60-1
Definitions.
Whenever used in this chapter, unless a different meaning clearly appears in the context, the following terms, whether used in the singular or plural, shall be given the following respective meanings:
(1) CORPORATION. Any corporation organized pursuant to the provisions of this chapter.
(2)... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-60/section-11-60-2/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 60 - Public Park and Recreation Boards.›Section 11-60-2 - Legislative Intent; Construction of Chapter Generally. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 60 - Public Park and Recreation Boards. › Section 11-60-2 - Legislative Intent; Construction of Chapter Generally. | Section 11-60-2
Legislative intent; construction of chapter generally.
(a) It is the intention of the Legislature by the passage of this chapter to promote the public health and general welfare by authorizing the incorporation in the several municipalities in this state of public corporations to acquire, enlarge, impro... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-60/section-11-60-3/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 60 - Public Park and Recreation Boards.›Section 11-60-3 - Application for Authority to Form Corporation; Adoption of Resolution... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 60 - Public Park and Recreation Boards. › Section 11-60-3 - Application for Authority to Form Corporation; Adoption of Resolution by Governing Body Authorizing Incorporation... | Section 11-60-3
Application for authority to form corporation; adoption of resolution by governing body authorizing incorporation; execution, acknowledgment, and filing of certificate of incorporation generally; effect of granting of authority for incorporation upon incorporation of other such corporations.
(a) Wheneve... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-60/section-11-60-4/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 60 - Public Park and Recreation Boards.›Section 11-60-4 - Certificate of Incorporation - Contents; Execution and Acknowledgment... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 60 - Public Park and Recreation Boards. › Section 11-60-4 - Certificate of Incorporation - Contents; Execution and Acknowledgment. | Section 11-60-4
Certificate of incorporation - Contents; execution and acknowledgment.
(a) The certificate of incorporation of any corporation organized under this chapter shall set forth:
(1) The names and residences of the applicants, together with a recital that each of them is an elector of and taxpayer in the muni... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-60/section-11-60-5/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 60 - Public Park and Recreation Boards.›Section 11-60-5 - Certificate of Incorporation - Filing With Probate Judge; Examination... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 60 - Public Park and Recreation Boards. › Section 11-60-5 - Certificate of Incorporation - Filing With Probate Judge; Examination, Approval, and Recordation by Probate Judge... | Section 11-60-5
Certificate of incorporation - Filing with probate judge; examination, approval, and recordation by probate judge.
When executed and acknowledged in conformity with Section 11-60-4, the certificate of incorporation shall be filed with the judge of probate of any county in which may be located any portio... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-60/section-11-60-6/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 60 - Public Park and Recreation Boards.›Section 11-60-6 - Certificate of Incorporation - Amendment. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 60 - Public Park and Recreation Boards. › Section 11-60-6 - Certificate of Incorporation - Amendment. | Section 11-60-6
Certificate of incorporation - Amendment.
If any corporation formed under this chapter has accidentally or inadvertently failed to comply with the requirements of this chapter in its organization, such omission or defect may be corrected by filing an amendment as provided in this section. The certificat... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-60/section-11-60-7/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 60 - Public Park and Recreation Boards.›Section 11-60-7 - Board of Directors. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 60 - Public Park and Recreation Boards. › Section 11-60-7 - Board of Directors. | Section 11-60-7
Board of directors.
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 three, all of whom shall be duly qualified electors of and taxpayers in the municipality. The directors shall serve... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-60/section-11-60-8/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 60 - Public Park and Recreation Boards.›Section 11-60-8 - Powers of Corporations Generally; Location of Projects of Corporation... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 60 - Public Park and Recreation Boards. › Section 11-60-8 - Powers of Corporations Generally; Location of Projects of Corporations. | Section 11-60-8
Powers of corporations generally; location of projects of corporations.
(a) The corporation shall have the following powers together with all powers incidental thereto or necessary for the performance of those hereinafter stated:
(1) To have succession by its corporate name for the period specified in t... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-60/section-11-60-9/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 60 - Public Park and Recreation Boards.›Section 11-60-9 - Bonds - Form, Terms, Denominations, etc.; Execution, Sale, Delivery, ... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 60 - Public Park and Recreation Boards. › Section 11-60-9 - Bonds - Form, Terms, Denominations, etc.; Execution, Sale, Delivery, Redemption, etc.; Refunding of Bonds. | Section 11-60-9
Bonds - Form, terms, denominations, etc.; execution, sale, delivery, redemption, etc.; refunding of bonds.
All bonds issued by the corporation shall be payable solely out of the revenues and receipts derived from the operation, leasing or sale by the corporation of its projects or of any thereof as may ... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-60/section-11-60-10/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 60 - Public Park and Recreation Boards.›Section 11-60-10 - Bonds - Notice of Resolution Authorizing Issuance of Bonds; Limitati... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 60 - Public Park and Recreation Boards. › Section 11-60-10 - Bonds - Notice of Resolution Authorizing Issuance of Bonds; Limitation Period for Actions, etc., as to Validity ... | Section 11-60-10
Bonds - Notice of resolution authorizing issuance of bonds; limitation period for actions, etc., as to validity of proceedings for issuance of bonds, etc.
(a) Upon the adoption by the board of directors of any resolution providing for the issuance of bonds, the corporation may, in its discretion, cause... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-60/section-11-60-11/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 60 - Public Park and Recreation Boards.›Section 11-60-11 - Bonds - Security for Payment of Principal or Interest; Remedies Upon... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 60 - Public Park and Recreation Boards. › Section 11-60-11 - Bonds - Security for Payment of Principal or Interest; Remedies Upon Default. | Section 11-60-11
Bonds - Security for payment of principal or interest; remedies upon default.
The principal of and interest on any bonds issued by the corporation shall be secured by a pledge of the revenues and receipts out of which the same shall be made payable and may be secured by mortgage or deed of trust coveri... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-60/section-11-60-12/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 60 - Public Park and Recreation Boards.›Section 11-60-12 - Borrowing of Money for Temporary Use and Issuance of Temporary Reven... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 60 - Public Park and Recreation Boards. › Section 11-60-12 - Borrowing of Money for Temporary Use and Issuance of Temporary Revenue Bonds as Evidence Thereof. | Section 11-60-12
Borrowing of money for temporary use and issuance of temporary revenue bonds as evidence thereof.
(a) The corporation may, in addition to the other powers granted in this chapter, borrow money for temporary use for any of its corporate purposes and in evidence of such borrowing issue from time to time ... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-60/section-11-60-13/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 60 - Public Park and Recreation Boards.›Section 11-60-13 - Liability of Municipalities Upon Bonds, Agreements, Obligations, etc... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 60 - Public Park and Recreation Boards. › Section 11-60-13 - Liability of Municipalities Upon Bonds, Agreements, Obligations, etc., of Corporations. | Section 11-60-13
Liability of municipalities upon bonds, agreements, obligations, etc., of corporations.
The municipality shall not in any event be liable for the payment of the principal of or interest on any bonds of the corporation or for the performance of any pledge, mortgage, obligation or agreement of any kind w... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-60/section-11-60-14/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 60 - Public Park and Recreation Boards.›Section 11-60-14 - Disposition of Net Earnings of Corporations. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 60 - Public Park and Recreation Boards. › Section 11-60-14 - Disposition of Net Earnings of Corporations. | Section 11-60-14
Disposition of net earnings of corporations.
The corporation shall be a nonprofit corporation, and no part of its net earnings remaining after payment of its expenses shall inure to the benefit of any individual, firm, or corporation; except, that in the event the board of directors of the corporation ... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-60/section-11-60-15/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 60 - Public Park and Recreation Boards.›Section 11-60-15 - Authority and Procedure for Dissolution of Corporations; Vesting of ... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 60 - Public Park and Recreation Boards. › Section 11-60-15 - Authority and Procedure for Dissolution of Corporations; Vesting of Title to Funds and Properties Thereof in Mun... | Section 11-60-15
Authority and procedure for dissolution of corporations; vesting of title to funds and properties thereof in municipalities upon dissolution.
Whenever the board of directors of the corporation shall by resolution determine that the purposes for which the corporation was formed have been substantially c... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-60/section-11-60-16/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 60 - Public Park and Recreation Boards.›Section 11-60-16 - Documents of Corporations May Be Filed for Record Without Payment of... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 60 - Public Park and Recreation Boards. › Section 11-60-16 - Documents of Corporations May Be Filed for Record Without Payment of Taxes or Certain Fees. | Section 11-60-16
Documents of corporations may be filed for record without payment of taxes or certain fees.
The certificate of incorporation of the corporation or any amendment thereof, any deeds or other documents whereby properties are conveyed over to the corporation, any mortgages or deeds of trust or leases execu... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-60/section-11-60-17/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 60 - Public Park and Recreation Boards.›Section 11-60-17 - Exemptions of Corporations - Taxation. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 60 - Public Park and Recreation Boards. › Section 11-60-17 - Exemptions of Corporations - Taxation. | Section 11-60-17
Exemptions of corporations - Taxation.
The corporation, the property and income of the corporation, all bonds issued by the corporation, the income from such bonds, conveyances by or to the corporation and leases, mortgages and deeds of trust by or to the corporation shall be exempt from all taxation i... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-60/section-11-60-18/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 60 - Public Park and Recreation Boards.›Section 11-60-18 - Exemptions of Corporations - Usury and Interest Laws. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 60 - Public Park and Recreation Boards. › Section 11-60-18 - Exemptions of Corporations - Usury and Interest Laws. | Section 11-60-18
Exemptions of corporations - Usury and interest laws.
Each corporation organized pursuant to the provisions of this chapter is hereby exempted from the laws of the State of Alabama governing usury or prescribing or limiting interest rates, including, without limitation, the provisions of Chapter 8 of T... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-60/section-11-60-19/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 60 - Public Park and Recreation Boards.›Section 11-60-19 - Exemptions of Corporations - Competitive Bid Laws. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 60 - Public Park and Recreation Boards. › Section 11-60-19 - Exemptions of Corporations - Competitive Bid Laws. | Section 11-60-19
Exemptions of corporations - Competitive bid laws.
Each corporation organized pursuant to the provisions of this chapter is hereby exempted from the laws of the State of Alabama governing or respecting competitive bidding with respect to contracts of such corporation, including, without limitation, the... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-60/section-11-60-20/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 60 - Public Park and Recreation Boards.›Section 11-60-20 - Powers Conferred on Corporation Cumulative; Further Proceedings, etc... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 60 - Public Park and Recreation Boards. › Section 11-60-20 - Powers Conferred on Corporation Cumulative; Further Proceedings, etc., as to Incorporation and Issuance of Bonds... | Section 11-60-20
Powers conferred on corporation cumulative; further proceedings, etc., as to incorporation and issuance of bonds not required; police powers of state and governmental subdivisions not impaired.
Neither this chapter nor anything contained in this chapter shall be construed as a restriction or limitation... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-61/section-11-61-1/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 61 - Parking Facilities.›Section 11-61-1 - Definitions. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 61 - Parking Facilities. › Section 11-61-1 - Definitions. | Section 11-61-1
Definitions.
Unless the context plainly indicates otherwise, the following words and terms shall have the following meanings herein ascribed to them:
(1) GOVERNING BODY. The body in which the general legislative power of a town or city is vested.
(2) PARKING FACILITY. Any building, structure, land, leas... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-61/section-11-61-2/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 61 - Parking Facilities.›Section 11-61-2 - Authority of Towns and Cities With Respect to Parking Facilities. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 61 - Parking Facilities. › Section 11-61-2 - Authority of Towns and Cities With Respect to Parking Facilities. | Section 11-61-2
Authority of towns and cities with respect to parking facilities.
Any town or city in this state is hereby authorized:
(1) To plan, establish, develop, acquire, construct, enlarge, improve, maintain, equip, operate, regulate, and protect parking facilities;
(2) To finance the cost of parking facilities ... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-61/section-11-61-3/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 61 - Parking Facilities.›Section 11-61-3 - Chapter Cumulative. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 61 - Parking Facilities. › Section 11-61-3 - Chapter Cumulative. | Section 11-61-3
Chapter cumulative.
The provisions of this chapter are cumulative and shall not be deemed to repeal existing laws, except to the extent such laws are clearly inconsistent with the provisions of this chapter.
(Acts 1978, No. 96, p. 131, §3.) |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-61a/section-11-61a-1/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 61A - Municipal Parking Authority.›Section 11-61A-1 - Declarations. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 61A - Municipal Parking Authority. › Section 11-61A-1 - Declarations. | Section 11-61A-1
Declarations.
The history of municipalities and the course of legislatures throughout America, including the Legislature of Alabama, confirm that public welfare requires that Class 2 municipalities be authorized to provide off-street parking facilities through parking authorities.
The Legislature makes... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-61a/section-11-61a-2/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 61A - Municipal Parking Authority.›Section 11-61A-2 - Definitions. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 61A - Municipal Parking Authority. › Section 11-61A-2 - Definitions. | Section 11-61A-2
Definitions.
Unless the context plainly indicates otherwise, the following words and terms have the meanings ascribed to them:
(1) AUTHORITY. A public corporation organized under this chapter.
(2) BOARD. The board of directors of an authority organized under this chapter.
(3) BOND. Any bond authorized ... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-61a/section-11-61a-3/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 61A - Municipal Parking Authority.›Section 11-61A-3 - Application for Permission to Incorporate. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 61A - Municipal Parking Authority. › Section 11-61A-3 - Application for Permission to Incorporate. | Section 11-61A-3
Application for permission to incorporate.
A municipal parking authority may be organized as a public corporation in any Class 2 municipality of the state. Three or more natural persons may file with the governing body of the municipality an application in writing for permission to incorporate a public... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-61a/section-11-61a-4/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 61A - Municipal Parking Authority.›Section 11-61A-4 - Certificate of Incorporation. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 61A - Municipal Parking Authority. › Section 11-61A-4 - Certificate of Incorporation. | Section 11-61A-4
Certificate of incorporation.
The certificate of incorporation of the authority shall state all of the following:
(1) The name of each person forming the authority, the residence of each person, a statement that each person is a duly qualified elector of the municipality, and a statement that each is t... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-61a/section-11-61a-5/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 61A - Municipal Parking Authority.›Section 11-61A-5 - Attachments to Certificate. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 61A - Municipal Parking Authority. › Section 11-61A-5 - Attachments to Certificate. | Section 11-61A-5
Attachments to certificate.
(a) The certificate of incorporation of the authority shall be signed and acknowledged by the incorporators before an officer authorized by the laws of the state to take acknowledgments to deeds.
(b) The certificate shall have each of the following attached:
(1) A certified ... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-61a/section-11-61a-6/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 61A - Municipal Parking Authority.›Section 11-61A-6 - Changes and Amendments. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 61A - Municipal Parking Authority. › Section 11-61A-6 - Changes and Amendments. | Section 11-61A-6
Changes and amendments.
(a) The board, by resolution, may change the name of the authority and may amend the certificate of incorporation if each of the following requirements are satisfied:
(1) The governing body adopts a resolution that is entered upon the minutes of the body approving the change of ... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-61a/section-11-61a-7/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 61A - Municipal Parking Authority.›Section 11-61A-7 - Board of Directors. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 61A - Municipal Parking Authority. › Section 11-61A-7 - Board of Directors. | Section 11-61A-7
Board of directors.
(a) The authority shall be governed by a board of directors of seven members. The board shall be elected by the governing body of the municipality. Each member of the board shall be a qualified elector of the municipality. No elected official of the state, of a county, or a municipa... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-61a/section-11-61a-8/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 61A - Municipal Parking Authority.›Section 11-61A-8 - Officers. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 61A - Municipal Parking Authority. › Section 11-61A-8 - Officers. | Section 11-61A-8
Officers.
The board shall elect a chair, a vice-chair, a secretary, a treasurer, and other necessary officers to accomplish the purposes of the authority. The tenure of service as chair, vice-chair, and secretary shall be one year. The tenure of service as treasurer and other officers shall be determin... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-61a/section-11-61a-9/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 61A - Municipal Parking Authority.›Section 11-61A-9 - Powers. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 61A - Municipal Parking Authority. › Section 11-61A-9 - Powers. | Section 11-61A-9
Powers.
The authority shall have the following powers, together with all incidental powers necessary:
(1) To have succession by its corporate name for the duration of time (which may be in perpetuity) specified in its certificate of incorporation.
(2) To sue and be sued in its own name in civil suits a... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-61a/section-11-61a-10/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 61A - Municipal Parking Authority.›Section 11-61A-10 - Operation of the Facility. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 61A - Municipal Parking Authority. › Section 11-61A-10 - Operation of the Facility. | Section 11-61A-10
Operation of the facility.
(a) As used in this section, the word "person" means a natural person, a corporation, a partnership, or an unincorporated association.
(b) The authority shall carefully consider and decide whether it is in the public interest for the authority to operate the facility, enter ... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-61a/section-11-61a-11/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 61A - Municipal Parking Authority.›Section 11-61A-11 - Funds. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 61A - Municipal Parking Authority. › Section 11-61A-11 - Funds. | Section 11-61A-11
Funds.
The authority may accept, receive, receipt for, disburse, and expend federal and state moneys and other moneys, public or private, made available by grant or loan or both, to accomplish, in whole or in part, any of the purposes of this chapter.
(Acts 1994, No. 94-254, p. 470, §11.) |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-61a/section-11-61a-12/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 61A - Municipal Parking Authority.›Section 11-61A-12 - Permitted Activities. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 61A - Municipal Parking Authority. › Section 11-61A-12 - Permitted Activities. | Section 11-61A-12
Permitted activities.
For the purpose of aiding and cooperating with the authority in the planning, development, undertaking, construction, extension, improvement, or operation of parking facilities, a county, municipality, political subdivision, public corporation, agency, or instrumentality of this ... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-61a/section-11-61a-13/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 61A - Municipal Parking Authority.›Section 11-61A-13 - Bonds. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 61A - Municipal Parking Authority. › Section 11-61A-13 - Bonds. | Section 11-61A-13
Bonds.
(a) The authority may issue and sell its interest-bearing revenue bonds for any corporate purpose at any time or times. The principal of and the interest on the bonds shall be payable solely from, and may be secured by a pledge of, the revenues derived by the authority from the operation of any... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-61a/section-11-61a-14/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 61A - Municipal Parking Authority.›Section 11-61A-14 - Signature on Bonds. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 61A - Municipal Parking Authority. › Section 11-61A-14 - Signature on Bonds. | Section 11-61A-14
Signature on bonds.
All bonds shall be signed by the chair or vice-chair and the secretary or treasurer of the authority and the seal of the authority shall be affixed. A facsimile of the signature of one, but not both, of the officers whose signatures will appear on the bonds may be imprinted or othe... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-61a/section-11-61a-15/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 61A - Municipal Parking Authority.›Section 11-61A-15 - Issuance of Bonds. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 61A - Municipal Parking Authority. › Section 11-61A-15 - Issuance of Bonds. | Section 11-61A-15
Issuance of bonds.
(a) The authority may issue bonds under and secured by an indenture between the authority and a trustee. The trustee may be a private person or corporation, including, but not limited to, any trust company or bank having trust powers, whether the bank or trust company is located wit... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-61a/section-11-61a-16/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 61A - Municipal Parking Authority.›Section 11-61A-16 - Proceeds From Sale of Bonds. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 61A - Municipal Parking Authority. › Section 11-61A-16 - Proceeds From Sale of Bonds. | Section 11-61A-16
Proceeds from sale of bonds.
(a) The proceeds derived from the sale of any bonds, other than refunding bonds, may be used exclusively to pay the cost of acquiring, constructing, improving, enlarging, and equipping the parking facilities or property with respect to which they were issued, as may be spe... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-61a/section-11-61a-17/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 61A - Municipal Parking Authority.›Section 11-61A-17 - Refunding Bonds. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 61A - Municipal Parking Authority. › Section 11-61A-17 - Refunding Bonds. | Section 11-61A-17
Refunding bonds.
The authority may at any time and from time to time issue refunding bonds for the purpose of refunding the principal of and the interest on any bonds of the authority issued under this chapter and then outstanding. The refunding bonds may be issued regardless if the principal and inte... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-61a/section-11-61a-18/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 61A - Municipal Parking Authority.›Section 11-61A-18 - Tax Exemption. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 61A - Municipal Parking Authority. › Section 11-61A-18 - Tax Exemption. | Section 11-61A-18
Tax exemption.
The bonds issued by the authority and the income from the bonds shall be exempt from all taxation in the state. All property and income of the authority shall be exempt from all state, county, municipal, and other local taxation, including license, privilege, or excise taxes. This exemp... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-61a/section-11-61a-19/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 61A - Municipal Parking Authority.›Section 11-61A-19 - Investment by Governing Body. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 61A - Municipal Parking Authority. › Section 11-61A-19 - Investment by Governing Body. | Section 11-61A-19
Investment by governing body.
The governing body of any county or municipality within this state may invest any idle or surplus money held in its treasury in bonds of the authority.
(Acts 1994, No. 94-254, p. 470, §19.) |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-61a/section-11-61a-20/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 61A - Municipal Parking Authority.›Section 11-61A-20 - Bonds Deemed Legal Investment. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 61A - Municipal Parking Authority. › Section 11-61A-20 - Bonds Deemed Legal Investment. | Section 11-61A-20
Bonds deemed legal investment.
Bonds issued under this chapter are deemed legal investments for executors, administrators, trustees, and other fiduciaries, unless otherwise directed by the court having jurisdiction of the fiduciary relation or by the document that is the source of the fiduciary's auth... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-61a/section-11-61a-21/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 61A - Municipal Parking Authority.›Section 11-61A-21 - Publication of Notice. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 61A - Municipal Parking Authority. › Section 11-61A-21 - Publication of Notice. | Section 11-61A-21
Publication of notice.
Upon the adoption by the board of any resolution providing for the issuance of bonds, the authority may cause to be published once a week for two consecutive weeks, in a newspaper that is customarily published in this state not less than five days in each calendar week and distr... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-61a/section-11-61a-22/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 61A - Municipal Parking Authority.›Section 11-61A-22 - Advertising and Award Laws Are Applicable. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 61A - Municipal Parking Authority. › Section 11-61A-22 - Advertising and Award Laws Are Applicable. | Section 11-61A-22
Advertising and award laws are applicable.
Laws, regulations, and ordinances relating to the advertising and award of construction contracts and purchase contracts made by or in behalf of the authorizing subdivision shall be applicable to any authority granted permission to incorporate by the authoriz... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-61a/section-11-61a-23/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 61A - Municipal Parking Authority.›Section 11-61A-23 - Examination and Audit of the Records. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 61A - Municipal Parking Authority. › Section 11-61A-23 - Examination and Audit of the Records. | Section 11-61A-23
Examination and audit of the records.
(a) At least once every 12 months after the date an authority is created pursuant to this chapter, the municipality shall appoint an expert accountant who shall make an examination and audit of the records, books, and accounts of the authority and shall make a rep... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-61a/section-11-61a-24/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 61A - Municipal Parking Authority.›Section 11-61A-24 - Dissolution. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 61A - Municipal Parking Authority. › Section 11-61A-24 - Dissolution. | Section 11-61A-24
Dissolution.
When no bonds of the authority are outstanding, the authority may be dissolved upon the filing with the judge of probate, in the county in which is filed the certificate of incorporation, an application for dissolution. The application for dissolution shall be subscribed by each member of... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-62/section-11-62-1/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 62 - Municipal Special Health Care Facility Authorities.›Section 11-62-1 - Definitions. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 62 - Municipal Special Health Care Facility Authorities. › Section 11-62-1 - Definitions. | Section 11-62-1
Definitions.
(a) The following words and phrases used in this chapter, and others evidently intended as the equivalent thereof, shall, in the absence of clear implication herein otherwise, be given the following respective interpretations herein:
(1) AUTHORITY. Any public corporation organized pursuant ... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-62/section-11-62-2/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 62 - Municipal Special Health Care Facility Authorities.›Section 11-62-2 - Legislative Findings and Declarations. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 62 - Municipal Special Health Care Facility Authorities. › Section 11-62-2 - Legislative Findings and Declarations. | Section 11-62-2
Legislative findings and declarations.
It is hereby found and declared as follows: There exists in the State of Alabama a serious shortage of adequate facilities for the housing, care, and treatment of persons requiring special care, including orphans and persons who are elderly, sick, physically disabl... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-62/section-11-62-3/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 62 - Municipal Special Health Care Facility Authorities.›Section 11-62-3 - Application for Authority to Form Corporation; Adopt... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 62 - Municipal Special Health Care Facility Authorities. › Section 11-62-3 - Application for Authority to Form Corporation; Adoption of Resolution by Governing Body Authoriz... | Section 11-62-3
Application for authority to form corporation; adoption of resolution by governing body authorizing incorporation; execution, acknowledgement, filing, recordation and contents of certificate of incorporation; effect of granting of authority for incorporation upon incorporation of other such corporations... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-62/section-11-62-4/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 62 - Municipal Special Health Care Facility Authorities.›Section 11-62-4 - Amendment of Certificate of Incorporation. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 62 - Municipal Special Health Care Facility Authorities. › Section 11-62-4 - Amendment of Certificate of Incorporation. | Section 11-62-4
Amendment of certificate of incorporation.
(a) The certificate of incorporation of any authority may at any time and from time to time be amended in the manner provided in this section. The board of the authority shall first adopt a resolution proposing an amendment to the certificate of incorporation, ... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-62/section-11-62-5/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 62 - Municipal Special Health Care Facility Authorities.›Section 11-62-5 - Board of Directors. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 62 - Municipal Special Health Care Facility Authorities. › Section 11-62-5 - Board of Directors. | Section 11-62-5
Board of directors.
(a) Every authority shall be governed by a board of directors. All powers of the authority shall be exercised by the board or pursuant to its authorization. The board shall consist of three directors elected in the manner hereinafter prescribed, as soon as may be practicable after th... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-62/section-11-62-6/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 62 - Municipal Special Health Care Facility Authorities.›Section 11-62-6 - Officers. | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 62 - Municipal Special Health Care Facility Authorities. › Section 11-62-6 - Officers. | Section 11-62-6
Officers.
The officers of an authority shall consist of a chairman, vice chairman, secretary, treasurer, and such other officers as its board shall deem necessary or appropriate. The offices of secretary and treasurer may but need not be held by the same person. The chairman and vice chairman of an auth... |
https://law.justia.com/codes/alabama/title-11/title-2/chapter-62/section-11-62-7/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 11 - Counties and Municipal Corporations.›Title 2 - Provisions Applicable to Municipal Corporations Only.›Chapter 62 - Municipal Special Health Care Facility Authorities.›Section 11-62-7 - Powers of Authority Generally; Operation of Faciliti... | 2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 2 - Provisions Applicable to Municipal Corporations Only. › Chapter 62 - Municipal Special Health Care Facility Authorities. › Section 11-62-7 - Powers of Authority Generally; Operation of Facilities by Authority. | Section 11-62-7
Powers of authority generally; operation of facilities by authority.
(a) Every authority shall have all of the powers necessary and convenient to carry out and effectuate the purposes and provisions of this chapter, including, without limiting the generality of the foregoing, the following powers:
(1) T... |
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