134 chapters · 10,612 sections in this title.
Ala. Code § 45-2-42.03 Meetings; Quorum
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(a)(1) The board of directors may exercise power of the authority by majority vote, and only upon establishment of a quorum. (2) For purposes of this part, a quorum shall be defined as two-thirds of the voting members of the board. (b) The chair shall preside over meetings of the…
Ala. Code § 45-2-42.04 Executive Director
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(a) The authority may employ an executive director, who shall be its chief executive officer and, subject to the control of the board of directors, shall have supervision over the business and affairs of the authority. The executive director shall serve at the pleasure of the boa…
Ala. Code § 45-2-42.05 Powers of Authority
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The authority may do all of the following as they relate to the purpose of the authority: (1) Acquire by purchase, rent, lease agreement, gift, or otherwise, necessary facilities and properties and to provide those facilities and properties with necessary equipment, furnishings, …
Ala. Code § 45-2-42.06 Exemption from Taxation
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The authority, its property, real and personal, any income produced and all conveyances, deeds, leases, mortgages, and deeds of trust, shall be exempt from all taxation by the State of Alabama or any political or administrative subdivision thereof, including, but not limited to, …