The Governor, the State Superintendent of Education and the Director of Finance may become a corporation with the power and authority hereinafter provided by proceeding according to the provisions of this chapter. (Acts 1965, 1st Ex. Sess., No. 243, p. 331, §3.)
Incorporation Authorized
Ala. Code § 16-16-3, under Alabama Public School and College Authority.
Ala. Code § 16-16-3