™Your Policy Risk Impact Agent
134 chapters · 10,612 sections in this title.
Ala. Code § 45-37-170.23 Application of Board Members
1.3K chars
(a) The persons who are designated to become members of the initial board of directors of the authority shall present to the Secretary of State an application, accompanied by certified copies of the resolution of the appointing authorities appointing the directors, which shall se…
Ala. Code § 45-37-170.24 Public Corporation
0.6K chars
When the application has been made, filed, and recorded, as herein provided, the applicants shall constitute a public corporation under the name submitted in the application, and the Secretary of State shall make and issue to the applicants a certificate of incorporation under th…
Ala. Code § 45-37-170.25 Meetings; Officers; Compensation; Quorum
1.0K chars
(a) As soon as may be practicable after completion of the incorporation, the board of directors shall hold their first meeting, elect a chair, a vice chair, secretary, and treasurer of the board, set a regular time and place for meetings of the board, and attend to such other mat…
Ala. Code § 45-37-170.26 Powers of Authority
2.9K chars
The authority shall have the following powers together with all powers incidental thereto or necessary for the performance of the powers stated in this section: (1) To have succession by its corporate name without time limit. (2) To sue and be sued and to prosecute and defend civ…