137 chapters · 2,056 sections in this title.
Ala. Code § 16-18B-3 Authorization and Procedure for Incorporations; Application
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The Governor, the Lieutenant Governor, the Speaker of the House of Representatives, the State Treasurer, and the Director of Finance of the state may become a corporation, with the powers and authorities hereinafter provided, by proceeding according to the provisions of this arti…
Ala. Code § 16-18B-4 Certificate of Incorporation
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When the application has been made, filed and recorded, as herein provided, the applicants shall constitute a public corporation under the name proposed in the application and the Secretary of State shall make and issue to the applicants a certificate of incorporation pursuant to…
Ala. Code § 16-18B-5 Members; Officers; Quorum; Vacancies; Salaries; Record of Proceedings
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The applicants named in the application and their respective successors in office shall constitute the members of the corporation. The Governor shall be the president of the corporation and the Director of Finance shall be the secretary of the corporation. The State Treasurer sha…
Ala. Code § 16-18B-6 Powers of Authority
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The corporation shall have the following powers: (1) To have succession by its corporate name without time limit; (2) To sue and be sued and to prosecute and defend, at law or in equity, in any court having jurisdiction of the subject matter and of the parties; (3) To have and to…