reglab/statecodes huggingface dataset:
2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 3 - Provisions Applicable to Counties and Municipal Corporations. › Chapter 99B - Capital Improvement Cooperative Districts. › Section 11-99B-16 - Existence of District Not to Prevent Subsequent Incorporation of Another District.

Section 11-99B-16
Existence of district not to prevent subsequent incorporation of another district.
The existence of one or more districts incorporated under the provisions of this chapter shall not prevent the subsequent incorporation under this chapter of another district or the amendment of the certificate of incorporation of another district pursuant to authority granted by the same county, counties, municipality or municipalities, public corporation or public corporations, or by the same combination thereof, even though the project described in the certificate of incorporation, as originally filed or amended, of any existing district may include a project proposed by a district that is proposed to be incorporated under this chapter or that proposes to amend its certificate of incorporation under this chapter.
(Act 2000-781, p. 1825, §16.)
2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 3 - Provisions Applicable to Counties and Municipal Corporations. › Chapter 99B - Capital Improvement Cooperative Districts. › Section 11-99B-17 - Provisions of Chapter as to Incorporation of District, Acquisition of Property, Issuance of Bonds, Exclusive; Jurisdiction Over and Regulation of District, by State Board of Health, Public Service Commission.

Section 11-99B-17
Provisions of chapter as to incorporation of district, acquisition of property, issuance of bonds, exclusive; jurisdiction over and regulation of district, by State Board of Health, Public Service Commission.
Except as expressly otherwise provided in this chapter, no proceeding, notice, or approval shall be required for the incorporation of any district or the amendment of its certificate of incorporation, the acquisition of any property or project, or the issuance of any bonds, or trust indenture; provided, however, that nothing contained in this section shall be construed to exempt any district from the jurisdiction of the State Board of Health.
The district, every project of the district, and the rates, rentals, fees, licenses, and charges thereof shall be exempt from all jurisdiction of and all regulation and supervision by the Public Service Commission and neither a public hearing nor the consent of the State Department of Finance shall be prerequisite to the issuance of bonds by the district.
(Act 2000-781, p. 1825, §17.)
2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 3 - Provisions Applicable to Counties and Municipal Corporations. › Chapter 99B - Capital Improvement Cooperative Districts. › Section 11-99B-18 - This Chapter Is Cumulative.

Section 11-99B-18
This chapter is cumulative.
This chapter does and shall be construed to provide a complete, additional, and alternative method for the doing of the things authorized thereby and shall be regarded as supplemental and additional to other laws. However, the issuance of bonds of any district under the provisions of this chapter need not comply with the requirements of any other law of the state generally applicable to the issuance of bonds, notes, and other obligations by other public corporations organized under the laws of the state.
(Act 2000-781, p. 1825, §18.)
2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 3 - Provisions Applicable to Counties and Municipal Corporations. › Chapter 100 - Alabama Convention Facilities Act. › Section 11-100-1 - Short Title.

Section 11-100-1
Short title.
This chapter may be cited as the "Alabama Convention Facilities Act."
(Acts 1989, No. 89-651, p. 1287, §1.)
2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 3 - Provisions Applicable to Counties and Municipal Corporations. › Chapter 100 - Alabama Convention Facilities Act. › Section 11-100-2 - Legislative Findings.

Section 11-100-2
Legislative findings.
The Legislature hereby finds and determines that:
(1) The convention industry is a vital and beneficial industry for the State of Alabama and promotes the health, welfare, progress, and physical and economic well-being of the people of this state.
(2) Adequate facilities are essential to the proper development of the meeting and entertainment industries. Adequate convention facilities are often not self-supporting so as to permit their financing with revenue bonds, but generate economic activity and stimulate business and commerce in the affected locality, and throughout the state, through increased demand for goods and services furnished by restaurants, hotels, places of entertainment, as well as stores, shops and other establishments, and, as a consequence, they generate additional state and local tax revenues.
(3) It is in the interest of the state and its cities and counties, for the state to assist any city, county, and entities or authorities thereof in financing convention facilities by remitting to the city, county, or entities or authorities thereof a portion of the additional state transient occupancy tax proceeds paid by delegates.
(Acts 1989, No. 89-651, p. 1287, §2.)
2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 3 - Provisions Applicable to Counties and Municipal Corporations. › Chapter 100 - Alabama Convention Facilities Act. › Section 11-100-3 - Definitions.

Section 11-100-3
Definitions.
As used in this chapter, the following words and phrases shall have the following meanings respectively ascribed to them unless the context clearly indicates otherwise:
(1) BONDS. Either general obligation bonds, limited obligation, or revenue bonds, or a combination thereof, issued after the effective date of this act by a city, county, or entities or authorities thereof in connection with the financing, in whole or in part, of eligible facilities. The term "bonds" shall also refer to any bonds, warrants, or other certificates of indebtedness authorized under the laws of the State of Alabama.
(2) CITY. Any city in this state.
(3) COUNTY. Any county in this state.
(4) AUTHORITY. Any authority created pursuant to Act No. 547, H. 1176, 1965 Regular Session.
(5) DELEGATE. A person attending a national or regional convention or meeting in this state.
(6) ELIGIBLE FACILITIES. Any convention facilities owned by a city, county, or entities or authorities thereof in which the bonds for the facilities are issued after the effective date hereof, or such facilities for which the construction, or substantial expansion, reconstruction, or renovation is completed after May 11, 1989.
(7) ESTIMATED INVESTMENT MULTIPLIER. The number of times initial expenditures by delegates will be respent on additional goods and services in this state, as determined in Section 11-100-4(h).
(8) NATIONAL OR REGIONAL MEETING. A meeting, convention, show, or other function which is intended primarily for delegates from outside the state. For a meeting to qualify as a regional or national meeting, it must meet the criteria as determined for regional or national meetings by the International Association of Convention and Visitor Bureaus or as set by the State Director of Finance.
(9) REVENUE BONDS. Bonds issued by a city, county or authority which are limited or special, rather than general obligations of the issuer and which are not payable from the proceeds of an ad valorem tax.
(10) STATE ASSISTANCE PAYMENTS. Payments to a city, county or entities or authorities thereof, under this chapter.
(11) CONVENTION FACILITIES. Any property, real, personal or mixed, which is necessary or desirable in connection with a convention or meeting center, or similar facility, including without limitation, auditoriums, exhibition halls, facilities for food preparation and serving, parking facilities, and administrative offices in connection therewith.
(12) STATE LODGING TAX or STATE TRANSIENT OCCUPANCY TAX. The tax levied and collected pursuant to Section 40-26-1.
(Acts 1989, No. 89-651, p. 1287, §3.)
2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 3 - Provisions Applicable to Counties and Municipal Corporations. › Chapter 100 - Alabama Convention Facilities Act. › Section 11-100-5 - Alabama Convention Facilities Fund.

Section 11-100-5
Alabama Convention Facilities Fund.
(a) There is hereby established in the State General Fund a fund to be known as the Alabama Convention Facilities Fund.
(b) State assistance payments authorized by this chapter shall be made to the participating city, county or entity or authority thereof by the state Comptroller within 30 days after the Director of Finance approves said city, county, or entity or authority quarterly request.
(Acts 1989, No. 89-651, p. 1287, §5.)
2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 3 - Provisions Applicable to Counties and Municipal Corporations. › Chapter 100 - Alabama Convention Facilities Act. › Section 11-100-6 - Termination of State Assistance Payments; Return of Moneys Held.

Section 11-100-6
Termination of state assistance payments; return of moneys held.
State assistance payments to cities, counties, and entities or authorities thereof, authorized by this chapter, shall be terminated when the bonds issued to finance said city, county, or entity's or authority's eligible facilities are fully retired or when, in the instance the bonds are refinanced, at the date the original issue of such bonds would have reached its final maturity. Any moneys then held by the cities or counties or entities or authorities thereof, derived from state assistance payments, shall be returned to the state and deposited into the account in the State Treasury to which such funds would have otherwise originally been deposited.
(Acts 1989, No. 89-651, p. 1287, §6.)
2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 3 - Provisions Applicable to Counties and Municipal Corporations. › Chapter 100 - Alabama Convention Facilities Act. › Section 11-100-7 - Faith and Credit of State Not Pledged; Appropriations to Be Made Only From Additional State Lodging Tax Generated by Eligible Facilities.

Section 11-100-7
Faith and credit of state not pledged; appropriations to be made only from additional state lodging tax generated by eligible facilities.
Nothing in this chapter shall be construed as authorizing the pledging of the faith and credit of the State of Alabama or any of its revenues, either for the performance of the obligations of the state under this chapter or for the payment of any bonds. Nothing herein, or in any agreement entered into pursuant to this chapter, shall be construed to require the Legislature to make any appropriation pursuant to this chapter. It is the intent of the Legislature that any appropriation made pursuant to this chapter shall only be made from additional state lodging tax generated by eligible convention facilities as provided herein and that nothing herein, or in any agreement entered into pursuant to this chapter, shall be construed to unearmark any funds currently being collected and deposited in the General Fund pursuant to Section 40-26-20.
(Acts 1989, No. 89-651, p. 1287, §7.)
2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 3 - Provisions Applicable to Counties and Municipal Corporations. › Chapter 100 - Alabama Convention Facilities Act. › Section 11-100-8 - Application of Payments and Credits; Refunding or Refinancing of Bonds.

Section 11-100-8
Application of payments and credits; refunding or refinancing of bonds.
The payments provided for in this chapter shall apply only to debt service incurred pursuant to the provisions of this chapter. No payments or credits shall be allowed for any past debt service payments nor for any debt service payments beyond the date of the final interest and principal payment of the original issue of such bonds. Nothing herein shall restrict any city or county or entities or authorities thereof from refunding or refinancing such bonds within the original maturity schedule to take advantage of savings arising from such refunding or refinancing.
(Acts 1989, No. 89-651, p. 1287, §8.)
2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 3 - Provisions Applicable to Counties and Municipal Corporations. › Chapter 101 - Acquisition of Real and Personal Property for Lease to United states.(for Termination Date - See note.) › Section 11-101-1 - Purpose.

Section 11-101-1
Purpose.
Repealed by Act 2001-642, p. 1317, § 2, effective May 20, 2001.
(Acts 1993, No. 93-1, p. 15, §1.)
2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 3 - Provisions Applicable to Counties and Municipal Corporations. › Chapter 101 - Acquisition of Real and Personal Property for Lease to United states.(for Termination Date - See note.) › Section 11-101-2 - Definitions.

Section 11-101-2
Definitions.
Repealed by Act 2001-642, p. 1317, § 2, effective May 20, 2001.
(Acts 1993, No. 93-1, p. 15, §2.)
2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 3 - Provisions Applicable to Counties and Municipal Corporations. › Chapter 101 - Acquisition of Real and Personal Property for Lease to United states.(for Termination Date - See note.) › Section 11-101-3 - Application to Incorporate Authority.

Section 11-101-3
Application to incorporate authority.
Repealed by Act 2001-642, p. 1317, § 2, effective May 20, 2001.
(Acts 1993, No. 93-1, p. 15, §3.)
2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 3 - Provisions Applicable to Counties and Municipal Corporations. › Chapter 101 - Acquisition of Real and Personal Property for Lease to United states.(for Termination Date - See note.) › Section 11-101-4 - Incorporation of Authority.

Section 11-101-4
Incorporation of authority.
Repealed by Act 2001-642, p. 1317, § 2, effective May 20, 2001.
(Acts 1993, No. 93-1, p. 15, §4.)
2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 3 - Provisions Applicable to Counties and Municipal Corporations. › Chapter 101 - Acquisition of Real and Personal Property for Lease to United states.(for Termination Date - See note.) › Section 11-101-5 - Amendment to Certificate of Incorporation.

Section 11-101-5
Amendment to certificate of incorporation.
Repealed by Act 2001-642, p. 1317, § 2, effective May 20, 2001.
(Acts 1993, No. 93-1, p. 15, §5.)
2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 3 - Provisions Applicable to Counties and Municipal Corporations. › Chapter 101 - Acquisition of Real and Personal Property for Lease to United states.(for Termination Date - See note.) › Section 11-101-6 - Board of Directors.

Section 11-101-6
Board of directors.
Repealed by Act 2001-642, p. 1317, § 2, effective May 20, 2001.
(Acts 1993, No. 93-1, p. 15, §6.)
2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 3 - Provisions Applicable to Counties and Municipal Corporations. › Chapter 101 - Acquisition of Real and Personal Property for Lease to United states.(for Termination Date - See note.) › Section 11-101-7 - Officers.

Section 11-101-7
Officers.
Repealed by Act 2001-642, p. 1317, § 2, effective May 20, 2001.
(Acts 1993, No. 93-1, p. 15, §7.)
2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 3 - Provisions Applicable to Counties and Municipal Corporations. › Chapter 101 - Acquisition of Real and Personal Property for Lease to United states.(for Termination Date - See note.) › Section 11-101-8 - Powers of Authority.

Section 11-101-8
Powers of authority.
Repealed by Act 2001-642, p. 1317, § 2, effective May 20, 2001.
(Acts 1993, No. 93-1, p. 15, §8.)
2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 3 - Provisions Applicable to Counties and Municipal Corporations. › Chapter 101 - Acquisition of Real and Personal Property for Lease to United states.(for Termination Date - See note.) › Section 11-101-9 - Eminent Domain.

Section 11-101-9
Eminent domain.
Repealed by Act 2001-642, p. 1317, § 2, effective May 20, 2001.
(Acts 1993, No. 93-1, p. 15, §9.)
2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 3 - Provisions Applicable to Counties and Municipal Corporations. › Chapter 101 - Acquisition of Real and Personal Property for Lease to United states.(for Termination Date - See note.) › Section 11-101-10 - Powers of Authorizing Subdivision.

Section 11-101-10
Powers of authorizing subdivision.
Repealed by Act 2001-642, p. 1317, § 2, effective May 20, 2001.
(Acts 1993, No. 93-1, p. 15, §10.)
2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 3 - Provisions Applicable to Counties and Municipal Corporations. › Chapter 101 - Acquisition of Real and Personal Property for Lease to United states.(for Termination Date - See note.) › Section 11-101-11 - Sale of Securities.

Section 11-101-11
Sale of securities.
Repealed by Act 2001-642, p. 1317, § 2, effective May 20, 2001.
(Acts 1993, No. 93-1, p. 15, §11.)
2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 3 - Provisions Applicable to Counties and Municipal Corporations. › Chapter 101 - Acquisition of Real and Personal Property for Lease to United states.(for Termination Date - See note.) › Section 11-101-12 - Refunding Securities; Limitations.

Section 11-101-12
Refunding securities; limitations.
Repealed by Act 2001-642, p. 1317, § 2, effective May 20, 2001.
(Acts 1993, No. 93-1, p. 15, §12.)
2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 3 - Provisions Applicable to Counties and Municipal Corporations. › Chapter 101 - Acquisition of Real and Personal Property for Lease to United states.(for Termination Date - See note.) › Section 11-101-13 - Signature and Seal.

Section 11-101-13
Signature and seal.
Repealed by Act 2001-642, p. 1317, § 2, effective May 20, 2001.
(Acts 1993, No. 93-1, p. 15, §13.)
2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 3 - Provisions Applicable to Counties and Municipal Corporations. › Chapter 101 - Acquisition of Real and Personal Property for Lease to United states.(for Termination Date - See note.) › Section 11-101-14 - Securities Payable Out of Revenues From Projects, Properties, etc.; Indenture May Contain Agreements; Liens.

Section 11-101-14
Securities payable out of revenues from projects, properties, etc.; indenture may contain agreements; liens.
Repealed by Act 2001-642, p. 1317, § 2, effective May 20, 2001.
(Acts 1993, No. 93-1, p. 15, §14.)
2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 3 - Provisions Applicable to Counties and Municipal Corporations. › Chapter 101 - Acquisition of Real and Personal Property for Lease to United states.(for Termination Date - See note.) › Section 11-101-15 - Use of Proceeds.

Section 11-101-15
Use of proceeds.
Repealed by Act 2001-642, p. 1317, § 2, effective May 20, 2001.
(Acts 1993, No. 93-1, p. 15, §15.)
2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 3 - Provisions Applicable to Counties and Municipal Corporations. › Chapter 101 - Acquisition of Real and Personal Property for Lease to United states.(for Termination Date - See note.) › Section 11-101-16 - Obligations Rest With Authority.

Section 11-101-16
Obligations rest with authority.
Repealed by Act 2001-642, p. 1317, § 2, effective May 20, 2001.
(Acts 1993, No. 93-1, p. 15, §16.)
2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 3 - Provisions Applicable to Counties and Municipal Corporations. › Chapter 101 - Acquisition of Real and Personal Property for Lease to United states.(for Termination Date - See note.) › Section 11-101-17 - Securities Are Legal Investments.

Section 11-101-17
Securities are legal investments.
Repealed by Act 2001-642, p. 1317, § 2, effective May 20, 2001.
(Acts 1993, No. 93-1, p. 15, §17.)
2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 3 - Provisions Applicable to Counties and Municipal Corporations. › Chapter 101 - Acquisition of Real and Personal Property for Lease to United states.(for Termination Date - See note.) › Section 11-101-18 - Exemption From Usury Laws.

Section 11-101-18
Exemption from usury laws.
Repealed by Act 2001-642, p. 1317, § 2, effective May 20, 2001.
(Acts 1993, No. 93-1, p. 15, §18.)
2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 3 - Provisions Applicable to Counties and Municipal Corporations. › Chapter 101 - Acquisition of Real and Personal Property for Lease to United states.(for Termination Date - See note.) › Section 11-101-19 - Authorization of Securities.

Section 11-101-19
Authorization of securities.
Repealed by Act 2001-642, p. 1317, § 2, effective May 20, 2001.
(Acts 1993, No. 93-1, p. 15, §19.)
2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 3 - Provisions Applicable to Counties and Municipal Corporations. › Chapter 101 - Acquisition of Real and Personal Property for Lease to United states.(for Termination Date - See note.) › Section 11-101-20 - Investments.

Section 11-101-20
Investments.
Repealed by Act 2001-642, p. 1317, § 2, effective May 20, 2001.
(Acts 1993, No. 93-1, p. 15, §20.)
2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 3 - Provisions Applicable to Counties and Municipal Corporations. › Chapter 101 - Acquisition of Real and Personal Property for Lease to United states.(for Termination Date - See note.) › Section 11-101-21 - Exemption From Taxation.

Section 11-101-21
Exemption from taxation.
Repealed by Act 2001-642, p. 1317, § 2, effective May 20, 2001.
(Acts 1993, No. 93-1, p. 15, §21.)
2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 3 - Provisions Applicable to Counties and Municipal Corporations. › Chapter 101 - Acquisition of Real and Personal Property for Lease to United states.(for Termination Date - See note.) › Section 11-101-22 - Exemption From Provisions of Articles 2 and 3 of Chapter 16, Title 41.

Section 11-101-22
Exemption from provisions of Articles 2 and 3 of Chapter 16, Title 41.
Repealed by Act 2001-642, p. 1317, § 2, effective May 20, 2001.
(Acts 1993, No. 93-1, p. 15, §22.)
2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 3 - Provisions Applicable to Counties and Municipal Corporations. › Chapter 101 - Acquisition of Real and Personal Property for Lease to United states.(for Termination Date - See note.) › Section 11-101-23 - Public Corporation.

Section 11-101-23
Public corporation.
Repealed by Act 2001-642, p. 1317, § 2, effective May 20, 2001.
(Acts 1993, No. 93-1, p. 15, §23.)
2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 3 - Provisions Applicable to Counties and Municipal Corporations. › Chapter 101 - Acquisition of Real and Personal Property for Lease to United states.(for Termination Date - See note.) › Section 11-101-24 - Dissolution.

Section 11-101-24
Dissolution.
Repealed by Act 2001-642, p. 1317, § 2, effective May 20, 2001.
(Acts 1993, No. 93-1, p. 15, §24.)
2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 3 - Provisions Applicable to Counties and Municipal Corporations. › Chapter 101 - Acquisition of Real and Personal Property for Lease to United states.(for Termination Date - See note.) › Section 11-101-25 - Effect of Formation or Dissolution on Incorporation of Another Authority.

Section 11-101-25
Effect of formation or dissolution on incorporation of another authority.
Repealed by Act 2001-642, p. 1317, § 2, effective May 20, 2001.
(Acts 1993, No. 93-1, p. 15, §25.)
2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 3 - Provisions Applicable to Counties and Municipal Corporations. › Chapter 101 - Acquisition of Real and Personal Property for Lease to United states.(for Termination Date - See note.) › Section 11-101-26 - Authorities Governed Exclusively by Chapter.

Section 11-101-26
Authorities governed exclusively by chapter.
Repealed by Act 2001-642, p. 1317, § 2, effective May 20, 2001.
(Acts 1993, No. 93-1, p. 15, §26.)
2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 3 - Provisions Applicable to Counties and Municipal Corporations. › Chapter 101 - Acquisition of Real and Personal Property for Lease to United states.(for Termination Date - See note.) › Section 11-101-27 - Construction of Chapter.

Section 11-101-27
Construction of chapter.
Repealed by Act 2001-642, p. 1317, § 2, effective May 20, 2001.
(Acts 1993, No. 93-1, p. 15, §27.)
2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 3 - Provisions Applicable to Counties and Municipal Corporations. › Chapter 101A - Acquisition of Real and Personal Property for Lease to United States. › Section 11-101A-1 - Legislative Intent.

Section 11-101A-1
Legislative intent.
It is the intent of the Legislature to authorize the several counties and municipalities in the state effectively to form public corporations whose corporate purpose shall be to provide buildings, facilities, and other property for lease to and use by the United States of America, its departments, agencies, and instrumentalities, to invest those public corporations with all powers that may be necessary to enable them to accomplish that purpose, and to authorize each county and municipality forming each public corporation to provide financial support and to take other action as may be necessary to enable the public corporation to carry out the purposes of this chapter. This chapter shall be liberally construed in conformity with this intent.
(Act 2001-642, p. 1317, §1.)
2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 3 - Provisions Applicable to Counties and Municipal Corporations. › Chapter 101A - Acquisition of Real and Personal Property for Lease to United States. › Section 11-101A-5 - Amendment to Certificate of Incorporation.

Section 11-101A-5
Amendment to certificate of incorporation.
(a) The certificate of incorporation of any authority incorporated under this chapter may at any time, and from time to time, be amended, but only in the manner provided in this section. The board shall first adopt a resolution proposing an amendment to the certificate of incorporation of the authority, which amendment shall be set forth in full in the resolution and which amendment may include any matters that might have been included in the original certificate of incorporation.
(b) After the adoption by the board of a resolution proposing an amendment to the certificate of incorporation of the authority, the chair of the board and the secretary of the authority shall sign and file, with the governing body of each authorizing subdivision, a written application in the name and on behalf of the authority, requesting the governing body to adopt a resolution approving the proposed amendment, and accompanied by a certified copy of the resolution adopted by the board proposing the amendment to the certificate of incorporation, together with such documents in support of the application as the chair may consider appropriate. As promptly as may be practicable after the filing of the application with the governing body of an authorizing subdivision, the governing body shall review the application and shall adopt a resolution either denying the application or approving and authorizing the proposed amendment. The governing body of each authorizing subdivision with which any application is filed shall also cause a copy of the application and all accompanying documents to be included in the resolution or otherwise spread upon or made a part of the minutes of the meeting of the governing body at which final action upon the application is taken.
(c) Within 60 days following the adoption of a resolution approving the proposed amendment by the governing body of the authorizing subdivision, or, if there is more than one, the last adopted of the approving resolutions, the chair of the board and the secretary of the authority shall sign and file for record in the office of the judge of probate of the county in which the certificate of incorporation of the authority was originally filed a certificate in the name and on behalf of the authority reciting the adoption of the respective resolutions by the board and by the governing body of each authorizing subdivision and setting forth the proposed amendment. The judge of probate shall thereupon record the certificate in an appropriate book in his or her office. When the certificate has been filed and recorded, the amendment shall become effective, and the certificate of incorporation shall thereupon be amended to the extent provided in the amendment.
(Act 2001-642, p. 1317, §1.)
2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 3 - Provisions Applicable to Counties and Municipal Corporations. › Chapter 101A - Acquisition of Real and Personal Property for Lease to United States. › Section 11-101A-7 - Officers.

Section 11-101A-7
Officers.
The officers of an authority shall consist of a chair of the board, a vice-chair of the board, a secretary, a treasurer, and such other officers as the board deems necessary or desirable. The chair and the vice-chair of the board shall be elected by the board from its membership but neither the secretary, the treasurer, nor any of the other officers of the authority need be a director. The offices of secretary and treasurer may be, but need not be, held by the same person. The officers of the authority shall be elected by the board for such terms as it deems advisable. The duties of the chair of the board, the vice-chair of the board, the secretary, and the treasurer shall be those that are customarily performed by those officers and as may be prescribed by the board. The duties of any other officers of the authority shall be those that are from time to time prescribed by the board.
(Act 2001-642, p. 1317, §1.)
2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 3 - Provisions Applicable to Counties and Municipal Corporations. › Chapter 101A - Acquisition of Real and Personal Property for Lease to United States. › Section 11-101A-9 - Eminent Domain.

Section 11-101A-9
Eminent domain.
An authority shall have, in addition to all other powers granted elsewhere in this chapter, the same power of eminent domain as is vested by law in any authorizing subdivision, in the same manner, and under the same conditions as are provided by law for the exercise of the power of eminent domain by the authorizing subdivision.
(Act 2001-642, p. 1317, §1.)
2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 3 - Provisions Applicable to Counties and Municipal Corporations. › Chapter 101A - Acquisition of Real and Personal Property for Lease to United States. › Section 11-101A-11 - Sale of Securities.

Section 11-101A-11
Sale of securities.
Securities of an authority may be executed and delivered by it at any time and from time to time, shall be in such form and denominations and of such tenor and maturity or maturities not exceeding 40 years from their date, shall bear such rate or rates of interest, which may be fixed or which may float or vary based on some index or other standard deemed appropriate by the board, shall be payable and evidenced in such manner, may contain provisions for redemption prior to maturity and may contain other provisions not inconsistent with this chapter, all as may be provided by the resolution of the board authorizing the same or by the indenture under which those securities are authorized to be issued. Any borrowing may be effected by the issuance and sale of securities at either public or private sale in such manner, at such price or prices, at such time or times, and on such other terms and conditions as may be determined by the board to be most advantageous to the authority.
(Act 2001-642, p. 1317, §1.)
2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 3 - Provisions Applicable to Counties and Municipal Corporations. › Chapter 101A - Acquisition of Real and Personal Property for Lease to United States. › Section 11-101A-13 - Signature and Seal.

Section 11-101A-13
Signature and seal.
All securities of an authority shall be signed in the name and on behalf of the authority by the chair or vice-chair of the board, and the seal of the authority shall be affixed thereto and attested by its secretary or an assistant secretary. Notwithstanding the foregoing, a facsimile of the signature of one or both of the officers whose signature will appear on the securities may be imprinted or otherwise reproduced on any thereof in lieu of manually signing the same, but in the event both signatures are imprinted or otherwise reproduced thereon in facsimile, the securities shall be authenticated on behalf of the registrar therefor by a manual signature. A facsimile of the seal of the authority may be imprinted, or otherwise reproduced, on any securities in lieu of being manually affixed thereto. If after any securities shall be so signed, whether manually or by facsimile, and any officer shall, for any reason, vacate office, the securities so signed may nevertheless be delivered at any time thereafter as the act and deed of the authority.
(Act 2001-642, p. 1317, §1.)
2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 3 - Provisions Applicable to Counties and Municipal Corporations. › Chapter 101A - Acquisition of Real and Personal Property for Lease to United States. › Section 11-101A-16 - Obligations Rest With Authority.

Section 11-101A-16
Obligations rest with authority.
All agreements and obligations undertaken, and all securities issued, by an authority shall be solely and exclusively an obligation of the authority and shall not create an obligation or debt of the state, any authorizing subdivision, or any other county or municipality within the meaning of any constitutional or statutory provision. The faith and credit of the state, any authorizing subdivision, or any other county or municipality shall never be pledged for the payment of any securities issued by an authority. The state, any authorizing subdivision, or any other county or municipality shall not be liable in any manner for the payment of the principal of, or interest on, any securities of an authority or for the performance of any pledge, mortgage, obligation, or agreement of any kind whatsoever that may be undertaken by an authority.
(Act 2001-642, p. 1317, §1.)
2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 3 - Provisions Applicable to Counties and Municipal Corporations. › Chapter 101A - Acquisition of Real and Personal Property for Lease to United States. › Section 11-101A-17 - Securities Are Legal Investments.

Section 11-101A-17
Securities are legal investments.
Securities issued under 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 thereof or the document that is the source of authority, a trustee, executor, administrator, guardian, or one acting in any other fiduciary capacity may, in addition to any other investment powers conferred by law and with the exercise of reasonable business prudence, invest trust funds in securities of an authority. The governing body of any authorizing subdivision, or any county or municipality in which any project of an authority may be situated, may, in its discretion, invest in securities of the authority any idle or surplus money held in its treasury which is not otherwise earmarked or pledged.
(Act 2001-642, p. 1317, §1.)
2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 3 - Provisions Applicable to Counties and Municipal Corporations. › Chapter 101A - Acquisition of Real and Personal Property for Lease to United States. › Section 11-101A-18 - Exemption From Usury Laws.

Section 11-101A-18
Exemption from usury laws.
An authority shall be exempt from all laws of the state governing usury or prescribing or limiting interest rates, including, but without limitation to, Chapter 8 (commencing with Section 8-8-1) of Title 8.
(Act 2001-642, p. 1317, §1.)
2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 3 - Provisions Applicable to Counties and Municipal Corporations. › Chapter 101A - Acquisition of Real and Personal Property for Lease to United States. › Section 11-101A-19 - Authorization of Securities.

Section 11-101A-19
Authorization of securities.
(a) Any resolution authorizing any securities under this chapter may contain a recital that they are issued pursuant to this chapter, which recital shall be conclusive evidence that the securities have been duly authorized pursuant to this chapter, notwithstanding any other law now in force or hereafter enacted or amended. Upon the adoption by the board of any resolution providing for the issuance of securities, the authority may cause to be published once a week for two consecutive weeks in a newspaper published in the county in which the principal office of the authority is located, or, if there is no newspaper, then in a daily newspaper published in the state, a notice in substantially the following form, with any appropriate changes, to the extent applicable and with the blanks being properly filled in:
" ______________________, a public corporation and instrumentality under the laws of the State of Alabama, has authorized the issuance of $ _____ principal amount of securities of the said authority to be dated _____ for purposes authorized in Chapter 101A of Title 11 of the Code of Alabama 1975. Any action or proceeding questioning the validity of the securities, or the pledge [and any indenture] to secure the same, must be commenced within 20 days after the first publication of this notice.
"By [here insert name of the authority]
"Chair of its Board of Directors"
(b) Any action or proceeding in any court to set aside or question the validity of the proceedings for the issuance of the securities referred to in the notice or to contest the validity of any securities, the validity of any pledge made therefor, or the validity of any indenture with respect thereto shall be commenced within 20 days after the first publication of the notice. After the expiration of that period, no right of action or defense questioning or attacking the validity of the proceedings, the securities, any pledge herein authorized, or any indenture shall be asserted, nor shall the validity of the proceedings, securities, pledge, or indenture be open to question in any court on any ground whatsoever except in an action commenced within that period.
(Act 2001-642, p. 1317, §1.)
2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 3 - Provisions Applicable to Counties and Municipal Corporations. › Chapter 101A - Acquisition of Real and Personal Property for Lease to United States. › Section 11-101A-20 - Investments.

Section 11-101A-20
Investments.
(a) To the extent permitted by the contracts of the authority with the holders of its securities and if not otherwise specifically prohibited by any other provision of this chapter, the authority may invest any portion of the principal proceeds derived from the sale of any of its securities which is not then needed for any of the purposes for which the securities were authorized to be issued, the moneys held in any special fund created pursuant to any resolution or indenture authorizing or securing any of its securities, and any other moneys of the authority not then needed by it, in any of the following:
(1) Federal securities.
(2) Any debt securities that are direct obligations of any agency of the United States of America.
(3) Interest-bearing bank time deposits and interest-bearing bank certificates of deposit.
(4) Money market funds whose investments are restricted to federal securities.
(5) Repurchase agreements with respect to federal securities.
(b) Any securities, time deposits, or certificates of deposit in which any investment is made may, at any time, and from time to time, be sold or otherwise converted into cash. The income derived from those investments shall be disbursed on order of the board for any purpose for which the authority may lawfully expend funds.
(Act 2001-642, p. 1317, §1.)
2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 3 - Provisions Applicable to Counties and Municipal Corporations. › Chapter 101A - Acquisition of Real and Personal Property for Lease to United States. › Section 11-101A-21 - Exemption From Taxation.

Section 11-101A-21
Exemption from taxation.
All properties of an authority, whether real, personal, or mixed, and the income therefrom, all securities issued by an authority and the income therefrom, and all indentures and other instruments executed as security therefor, all leases made pursuant to this chapter and all revenues derived from such leases, and all deeds and other documents executed by or delivered to an authority shall be exempt from any and all taxation by the state, or by any county, municipality, or other political subdivision of the state, including, but without limitation to, license and excise taxes imposed in respect of the privilege of engaging in any of the activities in which an authority may engage. An authority shall not be obligated to pay or allow any fees, taxes, or costs to the judge of probate of any county in respect of its incorporation, the amendment of its certificate of incorporation, or the recording of any document. The gross proceeds of the sale of any property used in the construction and equipment of any project for an authority, regardless of whether the sale is to the authority or any contractor or agent thereof, shall be exempt from the sales tax imposed by Article 1 (commencing with Section 40-23-1), Chapter 23, Title 40, and from all other sales and similar excise taxes now or hereafter levied on or with respect to the gross proceeds of any sale by the state or any county, municipality, or other political subdivision or instrumentality thereof. Any property used in the construction and equipment of any project for an authority, regardless of whether the property has been purchased by the authority or any contractor or agent thereof, shall be exempt from the use tax imposed by Article 2 (commencing with Section 40-23-60), Chapter 23, Title 40, and all other use and similar excise taxes now or hereafter levied on or with respect to any property by the state or any county, municipality, or other political subdivision or instrumentality thereof.
(Act 2001-642, p. 1317, §1.)
2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 3 - Provisions Applicable to Counties and Municipal Corporations. › Chapter 101A - Acquisition of Real and Personal Property for Lease to United States. › Section 11-101A-22 - Applicability of Certain Competitive Bidding Provisions.

Section 11-101A-22
Applicability of certain competitive bidding provisions.
Articles 2 (commencing with Section 41-16-20) and 3 (commencing with Section 41-16-50), Chapter 16, Title 41, shall not apply to any authority, the members of its board, or any of its officers or employees.
(Act 2001-642, p. 1317, §1.)
2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 3 - Provisions Applicable to Counties and Municipal Corporations. › Chapter 101A - Acquisition of Real and Personal Property for Lease to United States. › Section 11-101A-23 - Public Corporation.

Section 11-101A-23
Public corporation.
An authority shall be a public corporation or authority 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 shall determine that sufficient provision has been made for the full payment of the expenses, securities, and other obligations of the authority, then any portion, as determined by the board, of the net earnings of the authority thereafter accruing may, in the discretion of the board, be paid to one or more of its authorizing subdivisions.
(Act 2001-642, p. 1317, §1.)
2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 3 - Provisions Applicable to Counties and Municipal Corporations. › Chapter 101A - Acquisition of Real and Personal Property for Lease to United States. › Section 11-101A-24 - Dissolution.

Section 11-101A-24
Dissolution.
At any time when the authority does not have any securities outstanding, and when there shall be no other obligations assumed by the authority that are then outstanding, the board may adopt a resolution, which shall be duly entered upon its minutes, declaring that the authority shall be dissolved. Upon the filing for record of a certified copy of the resolution in the office of the judge of probate of the county in which the certificate of incorporation of the authority was filed, the authority shall thereupon stand dissolved. In the event that the authority owned any assets or property at the time of its dissolution, the title to all its assets and property shall, subject to any constitutional provision to the contrary, vest in one or more counties or municipalities in such manner and interests as may be provided in the certificate of incorporation. If the certificate of incorporation contains no provision respecting the vesting of title to the assets and property of the authority, title to all assets and property shall, subject to any constitutional provision to the contrary, vest in its authorizing subdivisions as tenants in common.
(Act 2001-642, p. 1317, §1.)
2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 3 - Provisions Applicable to Counties and Municipal Corporations. › Chapter 101A - Acquisition of Real and Personal Property for Lease to United States. › Section 11-101A-25 - Effect of Formation or Dissolution on Incorporation of Another Authority.

Section 11-101A-25
Effect of formation or dissolution on incorporation of another authority.
The formation or dissolution of one authority shall not prevent the subsequent incorporation of another authority pursuant to the authority granted by one or more of the same authorizing subdivisions.
(Act 2001-642, p. 1317, §1.)
2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 3 - Provisions Applicable to Counties and Municipal Corporations. › Chapter 101A - Acquisition of Real and Personal Property for Lease to United States. › Section 11-101A-26 - Authorities Governed Exclusively by Chapter.

Section 11-101A-26
Authorities governed exclusively by chapter.
Any authority organized under this chapter shall, insofar as the subject matter of this chapter is concerned, be governed exclusively by this chapter, which shall not be construed in pari materia with any other statute.
(Act 2001-642, p. 1317, §1.)
2023 Code of Alabama › Title 11 - Counties and Municipal Corporations. › Title 3 - Provisions Applicable to Counties and Municipal Corporations. › Chapter 101A - Acquisition of Real and Personal Property for Lease to United States. › Section 11-101A-27 - Construction of Chapter.

Section 11-101A-27
Construction of chapter.
This chapter shall not be construed as a restriction or limitation upon any power, right, or remedy which any county, municipality, or public corporation now in existence or hereafter formed may have in the absence of this chapter. The provisions of this chapter are cumulative and shall not be deemed to repeal existing laws, except to the extent those laws are clearly inconsistent with this chapter.
(Act 2001-642, p. 1317, §1.)