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143 chapters · 3,669 sections in this title.
Ala. Code § 11-101A-1 Legislative Intent
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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…
Ala. Code § 11-101A-10 Powers of Authorizing Subdivision
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(a) In addition to all other powers that an authorizing subdivision may have with respect to an authority, any authorizing subdivision may, with or without consideration and on such terms as its governing body may deem advisable: (1) Lend, donate, or otherwise contribute money to…
Ala. Code § 11-101A-11 Sale of Securities
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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 f…
Ala. Code § 11-101A-12 Refunding Securities; Limitations
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(a) An authority may at any time, and from time to time, sell and issue its refunding securities for the purpose of refunding the principal of and interest on any then outstanding securities of the authority, whether or not the securities shall have matured or be redeemable at th…