General Provisions | Midpage11-50-230Definitions.11-50-231Application for Authority to Form Corporation for Operation of Waterworks and Sanitary Sewer Systems; Adoption of Resolution by Municipal Governing Body Authorizing Incorporation.11-50-232Certificate of Incorporation - Contents; Amendment.11-50-233Certificate of Incorporation - Acknowledgment, Filing, and Recordation.11-50-234Board of Directors.11-50-234.1Meeting Expense Allowance for Board Members.11-50-235Powers of Corporation Generally; Provisions in Mortgages, Deeds of Trust, or Pledge Agreements Executed by Corporation as to Rights of Parties Thereto, Etc.; Exemption from Taxation of Property and Income of Corporation.11-50-236Execution, Etc., of Contracts as Security for Repayment of Moneys Borrowed.11-50-237Execution, Sale, Etc., of Bonds and Refunding Bonds of Corporation Generally; Terms, Denominations, Etc., Thereof; Charge, Application, Etc., of Revenues from Systems to Payment of Bonds, Etc., Generally; Vesting of Title to Systems in Municipality and Dissolution of Corporation Upon Payment of Bonds in Full.11-50-238Transfer of Systems to Corporation; Powers of Corporation as to Conveyance, Etc., of Title to Systems.11-50-239Acquisition, Operation, Etc., of Waterworks System Located in Another Municipality; Execution of Contract for Conveyance of System in Other Municipality Thereto Upon Payment in Full of Indebtedness of Corporation.11-50-240Issuance of Revenue Bonds for Improvement and Extension of Waterworks Plants and Pledge of Revenues from Gas Systems for Payment Thereof.11-50-241Construction of Division; Jurisdiction, Etc., of State Board of Health and State Public Service Commission.