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Ala. Code § 11-86A et seq. – Public Park and Recreation Authorities | Midpage
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Code of Alabama
Title 11
Title 3
Chapter 86A
Ala. Code § 11-86A et seq.
Public Park and Recreation Authorities
11-86A-1
Definitions.
11-86A-2
Legislative Findings of Fact and Declaration of Intent; Construction of Chapter.
11-86A-3
Authorization and Procedure for Incorporation Generally.
11-86A-4
Filing of Application for Incorporation with Probate Judge; Contents Thereof; Recordation of Application by Probate Judge; Approval or Disapproval by Governing Body of County of Incorporation and Each Participating Municipality.
11-86A-5
Contents, Signing, and Filing of Articles.
11-86A-6
Authorization and Procedure for Reincorporation of Existing Park and Recreation Authorities and Boards; Continuation in Office of Directors; Effect of Reincorporation.
11-86A-7
Further Authorization and Procedure for Reincorporation of Existing Park and Recreation Authorities and Boards.
11-86A-8
Recordation of Articles by Probate Judge; Probate Judge to Receive No Fees in Connection with Incorporation, Reincorporation, Dissolution, Etc., of Authority.
11-86A-9
Powers of Authority Vested in Board of Directors; Officers and Directors of Authority; Proceedings of Board of Directors to Be Reduced to Writing and Signed by Two Directors; Admissibility of Evidence of Proceedings of Board of Directors; Adoption of Bylaws; Notice of Meetings; Attendance at Meetings; Qualifications.
11-86A-10
Members of the Board of Directors; Terms; Meetings; Removal from Office.
11-86A-11
Amendment of Articles.
11-86A-12
Powers of Authority Generally.
11-86A-13
Issuance and Sale of Bonds.
11-86A-14
Execution of Bonds and Interest Coupons; Form, Terms, Denominations, Etc., of Bonds; Validation of Bonds; Sale; Refunding Bonds.
11-86A-15
Security for Bonds.
11-86A-16
Application of Proceeds from the Sale of Bonds; Source of Payment; Pledge of County’s or Municipality’s Credit; Negotiability; Exemption from Taxation; Pledge as Security for Funds Belonging to a Public Person; Investment in Bonds by Fiduciaries; No Public Hearing Required; Investment in Bonds by Teachers’ Retirement System of Alabama, the Employees’ Retirement System of Alabama, and the State Insurance Fund; Investment in Bonds by Public Persons.
11-86A-17
Exemption from Usury and Interest Laws.
11-86A-18
Exemptions from Taxation.
11-86A-19
Limited Liability.
11-86A-20
Transfer of Funds and Assets to Authority.
11-86A-21
Dissolution of Authority; Title to Property of Authority to Vest in County of Incorporation Upon Dissolution of Authority Unless Otherwise Provided.