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Code of Alabama

Part 2

Development

45-8A-111Legislative Intent.45-8A-111.01Definitions.45-8A-111.02Use of Phrases.45-8A-111.03Filing of Application; Authorization of Incorporation by Governing Body of City.45-8A-111.04Procedure to Incorporate; Contents and Execution of Certificate of Incorporation.45-8A-111.05Amendments to Certificate of Incorporation.45-8A-111.06Board of Directors.45-8A-111.07Officers of the Authority.45-8A-111.08Powers of Authority.45-8A-111.09Bonds of Authority.45-8A-111.10Proceeds from the Sale of Bonds.45-8A-111.11Refunding Bonds.45-8A-111.12Notice of Bond Resolution.45-8A-111.13Exemption from Taxation.45-8A-111.14Liability of City.45-8A-111.15Exemption from Usury and Interest Laws.45-8A-111.16Exemption from Competitive Bid Laws.45-8A-111.17Freedom of Authority from State Supervision and Control.45-8A-111.18Earnings of the Authority.45-8A-111.19Dissolution of the Corporation and Vesting of Title to Property in the City.45-8A-111.20Existence of the Authority to Prevent Incorporation of Another by the City.45-8A-111.21Power of Eminent Domain.45-8A-111.22Loans, Sales, Grants, Etc., of Money Property, Etc. to Authority by Counties, Municipalities, Etc.45-8A-111.23Provisions of Part Are Cumulative.