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67 chapters · 1,838 sections in this title.
Ala. Code § 34-3-104 Powers of Foundation
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The foundation shall have the following powers: (1) To have succession by its corporate name in perpetuity; (2) To sue and be sued and to prosecute and defend in any court having jurisdiction of the subject matter and of the parties thereto; (3) To adopt and use a corporate seal …
Ala. Code § 34-3-105 Exemptions from Taxation
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All properties of the foundation, the income therefrom, and all other income of the foundation shall forever be exempt from any form of taxation in the State of Alabama. All deeds, lease agreements, and other recordable documents to which the foundation is a party shall be exempt…
Ala. Code § 34-3-106 Parcel of Land to Be Conveyed by State to Foundation
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As promptly as practicable after the incorporation of the foundation, the Governor shall execute and deliver to the foundation an appropriate deed conveying to the foundation that certain lot or parcel of land owned by the state and situated adjacent to the Judicial Building in t…
Ala. Code § 34-3-107 Disbursement of Appropriations to State Bar for Construction of Buildings
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To enable the foundation to construct a building or buildings suitable for the uses described in Section 34-3-100, the Board of Commissioners of the Alabama State Bar is authorized to disburse and pay to the foundation all or any part of the moneys appropriated to the Alabama Sta…