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Code of Alabama

Part 1

Downtown Development Authority

45-41A-40Legislative Intent.45-41A-40.01Definitions.45-41A-40.02Use of Particular Terms and Phrases.45-41A-40.03Application; Authorization of Incorporation.45-41A-40.04Incorporation Procedures; Contents and Execution of Certificate.45-41A-40.05Amendments to Certificate of Incorporation.45-41A-40.06Board of Directors.45-41A-40.07Officers of the Authority.45-41A-40.08Powers of the Authority.45-41A-40.09Bonds of the Authority.45-41A-40.10Proceeds from Sale of Bond.45-41A-40.11Refunding Bonds.45-41A-40.12Notice of Bond Resolution.45-41A-40.13Exemption from Taxation.45-41A-40.14Liability of City.45-41A-40.15Exemption from Usury and Interest Laws.45-41A-40.16Exemption from Competitive Bid Laws.45-41A-40.17Freedom of the Authority from State Supervision and Control.45-41A-40.18Earnings of the Authority.45-41A-40.19Dissolution of Corporation.45-41A-40.20Existence of Authority to Prevent Subsequent Incorporation.45-41A-40.21Power of Eminent Domain.45-41A-40.22Loans, Sales, Grants, Etc., of Money, Property, Etc., to the Authority by Counties, Municipalities, Etc.45-41A-40.23Provisions Cumulative.