Chapter10. AUTHORITIES.  


Article 1. General Provisions.
§ 41-10-1. Alabama Building Authority.
§ 41-10-2. Alabama Building Finance Authority.
§ 41-10-3. Alabama Building Corporation.
Article 2. Industrial Development Authority.
Division 1. General Provisions.
§ 41-10-20. Definitions.
§ 41-10-21. Legislative findings of fact and declaration of intent; construction of article.
§ 41-10-22. Authorization and procedure for incorporation.
§ 41-10-23. Filing of application for incorporation with Secretary of State; contents and execution thereof; filing and recordation of application by Secretary of State.
§ 41-10-24. Issuance and recordation of certificate of incorporation by Secretary of State; Secretary of State to receive no fees in connection with incorporation, dissolution, etc., of authority.
§ 41-10-25. Composition; recordkeeping; admissibility in evidence.
§ 41-10-26. Powers of authority generally.
§ 41-10-26.1. Exercise of powers granted to airport authorities.
§ 41-10-27. Issuance and sale of bonds for purpose of making grants for certain purposes authorized; terms and conditions.
§ 41-10-27.1. State preparation grant money for raw or completely undeveloped sites.
§ 41-10-27.2. Appropriation of funds for payment of industrial development site grants.
§ 41-10-28. Execution of bonds and interest coupons; form, terms, denominations, etc., of bonds; sale; refunding bonds; liability upon bonds; pledges of certain funds as security for payment of principal and interest on bonds generally; bonds to be deemed negotiable instruments; bonds and income therefrom exempt from taxation; use of bonds as security for deposits of funds of state, etc.; investment of certain state funds and private trust funds in bonds; public hearing or consent of Department of Finance, etc., not a prerequisite to issuance of bonds.
§ 41-10-29. Disposition of proceeds from sale of bonds and refunding bonds.
§ 41-10-30. Pledge and appropriation of certain tax receipts for sinking fund for payment of principal and interest on bonds.
§ 41-10-31. Payment of principal and interest on bonds and maintenance of records pertaining thereto by State Treasurer.
§ 41-10-32. Dissolution of authority; title to property of authority to vest in state upon dissolution of authority.
Division 2. State Ceiling.
§ 41-10-35. Legislative findings and intent.
§ 41-10-36. Definitions.
§ 41-10-37. Allocation procedure.
§ 41-10-38. Allocation formulae.
§ 41-10-39. Carryforward allocation procedure.
§ 41-10-40. Duty of fairness and impartiality in granting allocations.
§ 41-10-41. Forms, regulations, and interpretations; employment of attorneys, agents, etc.
§ 41-10-42. Designation of official for certifications.
§ 41-10-43. Confirmation of prior allocations.
Article 2A. Additional Powers of State Industrial Development Authority.
§ 41-10-44.1. Legislative intent with respect to additional powers of the authority.
§ 41-10-44.2. Additional definitions.
§ 41-10-44.3. Additional powers of authority.
§ 41-10-44.4. Determination of approved companies.
§ 41-10-44.5. Legislative oversight of the authority.
§ 41-10-44.6. Project obligations generally.
§ 41-10-44.7. Proceeds from the sale of project obligations; revenues and other funds.
§ 41-10-44.8. Tax credits, job development fees and other incentives.
§ 41-10-44.9. Establishment of tax increment funds.
§ 41-10-44.10. Refunding obligations.
§ 41-10-44.11. Publication of notice; time limitation on actions questioning bonds or proceedings.
§ 41-10-44.12. Requirement to report to the Legislature.
§ 41-10-44.13. Exemption from certain taxes and fees.
§ 41-10-44.14. No notice, approval, public hearing required for issuance of obligations.
§ 41-10-44.15. Earnings of the authority.
Article 3. Southern Products Mart Authority.
§ 41-10-50. Short title.
§ 41-10-51. Definitions.
§ 41-10-52. Purpose of article; construction of article.
§ 41-10-53. Authority and procedure for incorporation of authority; members, officers and directors of authority; reduction to writing, recordation and admissibility in evidence of proceedings of board of directors.
§ 41-10-54. Powers of authority generally; acquisition by eminent domain of real property or rights owned by railroads or utilities not authorized.
§ 41-10-55. Issuance and sale of bonds authorized generally; form, terms, denominations, etc., thereof; bonds to be deemed negotiable instruments; redemption.
§ 41-10-56. Resolution authorizing issuance of bonds to contain recital as to authority for issuance; notice of passage of resolution; limitation period and venue for actions to contest validity of resolutions, bonds, etc.
§ 41-10-57. Execution and delivery of bonds and interest coupons.
§ 41-10-58. Sale of bonds; public hearing or consent of Department of Finance, etc., not a prerequisite to issuance of bonds.
§ 41-10-59. Refunding bonds.
§ 41-10-60. Disposition of proceeds from sale of bonds and refunding bonds.
§ 41-10-61. Exemption from taxation of bonds, properties, income, etc., of authority; use of bonds as security for deposits of state funds; investment of trust funds in bonds.
§ 41-10-62. Liability upon bonds, debts, agreements, etc., of authority.
§ 41-10-63. Authority and procedure for pledge of revenues of authority and creation of statutory lien upon facilities and properties thereof for payment of principal and interest on bonds; remedies upon default in payment of principal or interest on bonds.
§ 41-10-64. Special and continuing trust fund for payment of principal and interest on bonds of authority and maintenance, etc., of facilities thereof.
§ 41-10-65. Payment of principal and interest on bonds and maintenance of records pertaining thereto by State Treasurer.
§ 41-10-66. Annual audit of books and accounts of authority; disposition of reports thereof.
§ 41-10-67. Awarding, etc., of contracts for construction of facilities, buildings and structures; supervision, etc., of construction; payments to contractors; agreement of authority and Building Commission as to construction cost estimate.
§ 41-10-68. Leasing of buildings, facilities and structures.
§ 41-10-69. Conveyance of lands, buildings, properties, etc., of authority to state upon payment in full of bonds, etc.; dissolution of authority.
Article 4. State Products Mart and Coliseum Authorities.
§ 41-10-80. Short title.
§ 41-10-81. Definitions.
§ 41-10-82. Purpose of article; construction of article generally.
§ 41-10-83. Application for authority to incorporate; adoption by governing body of resolution authorizing formation of corporation.
§ 41-10-84. Contents of certificate of incorporation generally; adoption of resolution by governing body approving form and contents of certificate of incorporation.
§ 41-10-85. Execution of certificate of incorporation; filing of certificate of incorporation, resolution of governing body, etc., with probate judge and recordation thereof by probate judge.
§ 41-10-86. Amendment of certificate of incorporation.
§ 41-10-87. Board of directors of corporation - Composition; qualifications, reelection, etc., of members; vacancies; quorum; compensation and expenses of members; reduction to writing, recordation and admissibility in evidence of proceedings of board.
§ 41-10-88. Board of directors of corporation - Election and terms of office of members generally.
§ 41-10-89. Board of directors of corporation - Appointment of additional members to board by Governor; terms of office, etc., of additional members.
§ 41-10-90. Officers of corporation.
§ 41-10-91. Powers of corporation - Generally.
§ 41-10-92. Powers of corporation - Eminent domain.
§ 41-10-93. Authority for issuance of bonds by corporation; liability upon bonds; form, terms, denominations, etc.; redemption; sale; payment of expenses in connection with authorization, sale and issuance; bonds to contain recital as to authority for issuance; bonds to be deemed negotiable instruments.
§ 41-10-94. Notice of resolution authorizing issuance of bonds; limitation period for actions contesting validity of bonds, etc.
§ 41-10-95. Execution and delivery of bonds and interest coupons.
§ 41-10-96. Security for payment of principal and interest on bonds.
§ 41-10-97. Disposition of proceeds from sale of bonds generally.
§ 41-10-98. Proceeds of bonds not to be used for payment of fees, commissions, etc., for services in sale, issuance, execution, etc., of bonds; maximum amount payable to attorneys for services rendered.
§ 41-10-99. Refunding bonds.
§ 41-10-100. Investment of surplus, etc., county funds in bonds of corporation.
§ 41-10-101. Investment in bonds of corporation by savings banks, insurance companies, trustees, etc.
§ 41-10-102. Remedies upon default on bonds, etc.
§ 41-10-103. Leasing of projects.
§ 41-10-104. Conduct of sporting events, exhibits, etc., in projects.
§ 41-10-105. Conveyances of property to corporation by municipality, county or state authorized.
§ 41-10-106. Appropriations to corporation by municipality or county authorized; limitations.
§ 41-10-107. Exemption from taxation of bonds, income, projects, etc., of corporation.
§ 41-10-108. Dissolution of corporation and vesting of title to properties thereof upon dissolution; vesting of title to projects upon payment in full of bonds pertaining thereto; formation of corporation not to prevent subsequent formation of other corporations by same county.
§ 41-10-109. Construction of article.
Article 5. Historical Preservation Authorities.
§ 41-10-135. Short title.
§ 41-10-136. Definitions.
§ 41-10-137. Purposes for which authorities may be formed.
§ 41-10-138. Application for authority to incorporate; contents; review of application and issuance of executive order by Governor.
§ 41-10-139. Filing certificate of incorporation with Secretary of State; contents, execution, recordation, etc.
§ 41-10-140. Board of directors; appointment, terms, vacancies, reappointment, expenses, removal, etc.
§ 41-10-141. Powers and duties of authority generally.
§ 41-10-142. Bonds - Issuance; form, terms, denominations, etc.; sale; refunding bonds; negotiable; security for payment.
§ 41-10-143. Bonds - Contracts to secure payment of principal and interest.
§ 41-10-144. Bonds - Statutory mortgage lien to secure payment of principal and interest; recording notice.
§ 41-10-145. Bonds - Use of proceeds from sale.
§ 41-10-146. Loans, sales, grants, etc., of money, property, etc., to authority by counties, municipalities, etc.
§ 41-10-147. Exemption from taxation, fees and costs.
§ 41-10-148. Reports by authority to Governor.
§ 41-10-149. Construction of article generally; certain provisions exclusive.
§ 41-10-150. Dissolution of authority; title to property vests in state.
§ 41-10-151. Authority organized under former law valid; reincorporation under this article.
§ 41-10-152. Historical preservation authorities - To be nonprofit corporations; distribution of net earnings.
§ 41-10-153. Historical preservation authorities - Exempt from usury or other interest limiting laws.
§ 41-10-154. Application of Sections 41-10-152 through 41-10-154; provisions not retrospectively validating.
Article 6. Historic Blakeley Authority.
§ 41-10-170. Creation and purposes.
§ 41-10-171. Composition; appointment, terms, vacancies, etc.
§ 41-10-172. Pay, emoluments, and expenses of members of the authority.
§ 41-10-173. Charging, receiving, or obtaining of fees, etc., from the authority by members, employees, etc.; interests held by members, employees, etc., in land, materials, or contracts sold to, made with, etc., the authority.
§ 41-10-174. Meetings; quorum; organization and procedure of the authority; official seal; election and terms of office of chairman, vice-chairman, secretary and treasurer; bonding requirements for treasurer.
§ 41-10-175. Powers and duties of authority generally.
§ 41-10-176. Power to take possession under lease, etc., of property within the Blakeley national register site; power to lease, purchase, etc., any property in order to fulfill the purposes of the authority, power to borrow money, issue revenue bonds, and pledge security.
§ 41-10-177. Duty to facilitate exhibition of park and historic site to the public; admission charges; agreements with other groups or organizations relative to management of the park and historic site; authority to accept gratuitous services.
§ 41-10-178. Appropriation of public funds and construction and maintenance of roads and other public facilities, etc., for the authority by counties and municipalities.
§ 41-10-179. Taxation of income, property, leases, bonds, etc., of the authority.
§ 41-10-180. Participation of employees of the authority in insurance programs provided for state employees; payment of contributions for such insurance.
§ 41-10-181. Authority as state agency; control over Blakeley site, historic park, etc.; promulgation, alteration, etc., of rules and regulations concerning preservation, etc., of Blakeley historic site; penalty for violation of rules or regulations; police powers of authority members; designation of deputy police officers.
§ 41-10-182. Reaffirmation of charter of Town of Blakeley; recognition as municipality; boundaries; persons recognized as citizens for purposes of electing town officials and conducting town business; authority as governing body of Town of Blakeley.
Article 7. Alabama Shakespeare Festival Theatre Finance Authority.
§ 41-10-200. Declaration of purpose and legislative findings.
§ 41-10-201. Definitions.
§ 41-10-202. Incorporation of authority; procedure.
§ 41-10-203. Board of directors; members; terms; vacancies; qualifications; expenses; quorum; impeachment; copies of proceedings as evidence.
§ 41-10-204. Officers.
§ 41-10-205. Powers of authority; open meetings required.
§ 41-10-206. Bonds.
§ 41-10-207. Proceeds from sale of bonds.
§ 41-10-208. Refunding bonds.
§ 41-10-209. Exemption from taxation.
§ 41-10-210. Exemption from usury and interest laws.
§ 41-10-211. Freedom of authority from state supervision and control; inapplicability of code of ethics.
§ 41-10-212. Exemption from competitive bid laws.
§ 41-10-213. Dissolution of authority and vesting of title to its property.
§ 41-10-214. Article cumulative.
§ 41-10-215. Liberal construction of article.
Article 8. Africatown, U.S.A. State Park and Historic Preservation Authority.
§ 41-10-230. Short title.
§ 41-10-231. "Authority" defined.
§ 41-10-232. Africatown, U.S.A. State Park to be included in listings of state parks; use of park.
§ 41-10-233. Africatown, U.S.A. State Park established; description of boundaries.
§ 41-10-234. Agreements with City of Prichard as to development, administration, etc., of park.
§ 41-10-235. Commemorative markers and plaques.
§ 41-10-236. State advisory committee to Africatown, U.S.A. State Park.
§ 41-10-237. Functions of Institute of Ethnic Science and Technology as to black heritage resources and programs.
§ 41-10-238. Establishment of Africatown, U.S.A. Historic Preservation Authority; duties.
§ 41-10-239. Property rights not to be affected by article; sections imposing licensing requirements, taxes, etc., are void if such requirements not otherwise imposed.
§ 41-10-240. Injunction to protect property interests under Section 41-10-239.
Article 9. Alabama Judicial Building Authority.
§ 41-10-260. Definitions.
§ 41-10-261. Legislative intent; liberal construction.
§ 41-10-262. Authority to incorporate.
§ 41-10-263. Procedure for incorporation.
§ 41-10-264. Certificate of incorporation; no fees for incorporation or dissolution.
§ 41-10-265. Members, directors and officers of authority; quorum; vacancies; no additional salary for service to authority; effect of resolutions; record of proceedings; establishment of legislative oversight committee.
§ 41-10-266. Meetings of board of directors.
§ 41-10-267. Powers of authority.
§ 41-10-268. Authorization, issuance and sale of bonds.
§ 41-10-268.1. Issuance of bonds - 2007 authorization.
§ 41-10-269. Execution of bonds.
§ 41-10-270. Use of proceeds from sale of bonds.
§ 41-10-271. Acquisition, construction, etc., of judicial facilities; award of contract; payments under contract; Building Commission expenses; revision of plans.
§ 41-10-272. Creation of fund for payment of bonds.
§ 41-10-273. Security for bonds; collection and application of revenues pledged to payment of bonds; terms of leases of judicial facilities; maintenance and insurance of judicial facilities; reserve and other funds; rights of holders of bonds upon default.
§ 41-10-274. State Treasurer to disburse funds for payment of bonds.
§ 41-10-275. Terms and conditions of leasing by authority.
§ 41-10-276. Investment of proceeds from sale of bonds; disposition of investment income.
§ 41-10-277. Refunding bonds.
§ 41-10-278. Presumption of validity of bonds and publication of notice thereof; civil action challenging validity.
§ 41-10-279. Exemption from taxation.
§ 41-10-280. Bonds constitute negotiable instruments; registration of transfers.
§ 41-10-281. Obligations not debt of state.
§ 41-10-282. Bonds are lawful security for state deposits; investment of state, retirement, and other fiduciary funds in bonds of authority.
§ 41-10-283. Earnings of authority.
§ 41-10-284. Dissolution of authority.
Article 10. Alabama Space Science Exhibit Finance Authority.
§ 41-10-300. Definitions.
§ 41-10-301. Purpose of article and construction.
§ 41-10-302. Incorporation of authority.
§ 41-10-303. Certificate of incorporation - Application.
§ 41-10-304. Certificate of incorporation - Issuance.
§ 41-10-305. Members; officers; directors; quorum; vacancies; salaries and expenses; liability.
§ 41-10-306. Resolutions and proceedings of board of directors.
§ 41-10-307. Powers of authority.
§ 41-10-308. Temporary loans in anticipation of issuance of bonds.
§ 41-10-309. Execution of bonds and notes.
§ 41-10-310. Authority to issue bonds.
§ 41-10-311. Authority to issue refunding bonds.
§ 41-10-312. Specifications and priority of bonds.
§ 41-10-313. Price of bonds; competitive bidding; notice of sale; expenses of sale.
§ 41-10-314. Investment of trust funds in bonds of authority.
§ 41-10-315. Security for deposit of governmental funds.
§ 41-10-316. Disposition of proceeds of bonds.
§ 41-10-317. Investment of proceeds.
§ 41-10-318. Security for bonds.
§ 41-10-319. Rights of holders of bonds upon default.
§ 41-10-320. Bonds and coupons deemed negotiable instruments.
§ 41-10-321. Obligations, bonds and notes not debts of state.
§ 41-10-322. Conveyance of property by commission; right to possession.
§ 41-10-323. Plans for construction of facilities.
§ 41-10-324. Leasing to commission and other agencies.
§ 41-10-325. Lease of vacant facilities to prevent default on bonds.
§ 41-10-326. Special funds for payment of bonds, insurance, and other expenses.
§ 41-10-327. Exemption from taxation.
§ 41-10-328. Venue for actions.
§ 41-10-329. No fees for incorporation or dissolution.
§ 41-10-330. Dissolution.
§ 41-10-331. Exemption of leases of facilities from competitive bid laws.
§ 41-10-332. Exemption from Sunset Law.
Article 11. Alabama Mental Health Finance Authority.
§ 41-10-350. Legislative findings and purpose.
§ 41-10-351. Definitions.
§ 41-10-352. Authority for incorporation of Alabama Mental Health Finance Authority; members.
§ 41-10-353. Application for authority to incorporate.
§ 41-10-354. Certificate of incorporation; no fee or compensation to Secretary of State.
§ 41-10-355. Members of authority; officers; payment of bonds of authority; quorum; vacancies; compensation; record of proceedings and use thereof as evidence; meetings.
§ 41-10-356. Powers of authority.
§ 41-10-357. Authorization to issue bonds; limitation on use of proceeds.
§ 41-10-358. Form, terms, denominations, etc., of bonds; limitation on maturity date, redemption.
§ 41-10-359. Execution and delivery of bonds; designation of bonds for community facilities.
§ 41-10-360. Sale of bonds at public auction; rejection of bids; notice of sale; terms and conditions of sale; expenses, fees, etc.; recital that bonds issued pursuant to article.
§ 41-10-361. Liability upon bonds of authority; authorization of authority to pledge for payment of principal and interest of bonds; bonds deemed negotiable instruments.
§ 41-10-362. Exemption from taxation of bonds and income of authority; use of bonds as security for deposits of state funds; investment of trust funds in bonds.
§ 41-10-363. Refunding bonds; proceeds of sale of refunding bonds.
§ 41-10-364. Proceeds of bonds, other than refunding bonds; special fund to pay costs of acquisition, construction, etc., of mental health facilities; such work supervised by Building Commission; such work subject to competitive bidding; disposition of moneys remaining.
§ 41-10-365. Sinking fund for payment of principal and interest on bonds of authority.
§ 41-10-366. Contracts, etc., do not create obligations of state.
§ 41-10-367. Investment of surplus proceeds from sale of bonds; disbursement of income derived from such investments.
§ 41-10-368. Authority is nonprofit corporation.
§ 41-10-369. Dissolution of authority; disposition of property upon dissolution of authority.
§ 41-10-370. Payment of principal and interest on bonds and maintenance of records pertaining thereto by State Treasurer.
§ 41-10-371. Power of authority to pay and make agreements with the United States to exempt interest of bonds from federal income tax.
Article 12. Alabama Supercomputer Authority.
§ 41-10-390. Short title.
§ 41-10-391. Legislative findings of fact and declaration of intent; construction of article.
§ 41-10-392. Authorization and procedure for incorporation generally.
§ 41-10-393. Filing of application for incorporation with Secretary of State; contents and execution thereof; filing and recordation of application by Secretary of State.
§ 41-10-394. Issuance and recordation of certificate of incorporation by Secretary of State; Secretary of State to receive no fees in connection with incorporation, dissolution, etc., of authority.
§ 41-10-395. Board of directors; composition; actions of the authority; record of proceedings.
§ 41-10-396. Powers of authority generally.
§ 41-10-397. Employment of a chief executive officer and staff.
§ 41-10-398. Authority to have no proprietary interest in intellectual property.
§ 41-10-399. Confidentiality of data; inapplicability of public record laws; use of data by authority; requirements for contractual agreements for supercomputer services.
§ 41-10-400. Establishment of the "Supercomputer System Fund."
§ 41-10-401. Exemption from taxation of properties, income, etc., of authority.
§ 41-10-402. Liability upon contracts, obligations, etc., of authority.
§ 41-10-403. Operation of authority as nonprofit corporation.
§ 41-10-404. Transfer of certain assets to authority.
§ 41-10-405. Duplication of services to be avoided.
§ 41-10-406. Dissolution of authority; title to property of authority to rest in state upon dissolution of authority.
Article 13. Real Estate Commission Building Authority.
§ 41-10-420. Legislative intent.
§ 41-10-421. Real Estate Commission Building Authority established; composition; powers.
§ 41-10-422. Commission to become public corporation.
§ 41-10-423. Certificate of incorporation.
§ 41-10-424. Board of directors.
§ 41-10-425. Powers of the authority.
§ 41-10-426. Notes of the authority.
§ 41-10-427. Authority authorized to sell, rent, etc., set charges or rents or make rent adjustments necessary to meet obligations.
§ 41-10-428. Resolutions adopted and all proceedings of board of directors to be recorded and filed; copies received in all courts as prima facie evidence.
§ 41-10-429. Properties, etc., forever exempt from any and all taxation.
§ 41-10-430. Contracts and obligations not debts of state.
§ 41-10-431. Authority as nonprofit corporation.
§ 41-10-432. Funds appropriated for Alabama Real Estate Commission Building Authority Fund; state to have no further obligations or rights after property, contracts, etc., assigned, transferred or conveyed.
§ 41-10-433. Dissolution of authority.
Article 14. Alabama Building Renovation Finance Authority.
§ 41-10-450. Legislative intent.
§ 41-10-451. Definitions.
§ 41-10-452. Power to incorporate.
§ 41-10-453. Provisions for incorporation.
§ 41-10-454. Consummation of incorporation.
§ 41-10-455. Members, directors and officers of authority.
§ 41-10-456. Powers of authority.
§ 41-10-457. Power of condemnation.
§ 41-10-458. Authorization of bonds.
§ 41-10-458.1. Definitions; additional authorization.
§ 41-10-458.2. Issuance of bonds - 2006 authorization.
§ 41-10-459. Refunding bonds.
§ 41-10-460. Execution of bonds.
§ 41-10-461. Sale of bonds.
§ 41-10-462. Bonds of authority.
§ 41-10-463. Investment of proceeds from sale of bonds.
§ 41-10-464. Exemption from taxation.
§ 41-10-465. Bonds constitute negotiable instruments.
§ 41-10-466. Obligations not debt of state.
§ 41-10-467. Bonds may be used to secure deposit and for investment of fiduciary funds.
§ 41-10-468. Use of proceeds from sale of bonds.
§ 41-10-469. Use of proceeds of refunding bonds.
§ 41-10-470. Conveyance to authority by state.
§ 41-10-471. Creation of fund for benefit of bonds.
§ 41-10-472. Pledge and lien for benefit of bonds.
§ 41-10-473. State Treasurer to disburse funds.
§ 41-10-474. Terms and conditions of leasing by authority; delinquent lease payments.
§ 41-10-475. Presumption of validity of bonds and publication of notice thereof.
§ 41-10-476. Power to make payments and to make agreements respecting investment of funds.
§ 41-10-477. Dissolution of authority.
Article 15. Alabama State Parking Deck Authority.
§ 41-10-490. Definitions.
§ 41-10-491. Purpose of article and construction.
§ 41-10-492. Authority as public corporation.
§ 41-10-493. Application for certificate of incorporation.
§ 41-10-494. Certificate of incorporation.
§ 41-10-495. Members; directors; quorum; vacancies; salaries; officers.
§ 41-10-496. Resolutions and proceedings of board of directors.
§ 41-10-497. Powers generally.
§ 41-10-498. Temporary loans in anticipation of issuance of bonds.
§ 41-10-499. Execution of bonds and notes.
§ 41-10-500. Bonds authorization.
§ 41-10-501. Sale and issuance of refunding bonds.
§ 41-10-502. Specifications and priority of bonds.
§ 41-10-503. Sale of bonds.
§ 41-10-504. Bonds of authority eligible for investment of trust funds.
§ 41-10-505. Security for deposit of governmental funds.
§ 41-10-506. Disposition of proceeds of bonds.
§ 41-10-507. Investment of proceeds.
§ 41-10-508. Security.
§ 41-10-509. Enforcement upon default.
§ 41-10-510. Bonds and coupons deemed negotiable instruments.
§ 41-10-511. Obligations, bonds and notes not debt of state.
§ 41-10-512. Conveyance of land to corporation; conveyance of improvements back to state.
§ 41-10-513. Facilities - Construction.
§ 41-10-514. Leasing to state agencies.
§ 41-10-515. Leasing to county, municipal corporation, agency of federal government, etc.
§ 41-10-516. Special funds.
§ 41-10-517. Exemption from taxation.
§ 41-10-518. Venue for actions.
§ 41-10-519. Fees of Secretary of State.
§ 41-10-520. Interest on bonds exempt from federal income tax.
§ 41-10-521. Dissolution.
§ 41-10-522. Exemption of leases of facilities from competitive bid laws.
§ 41-10-523. Exemption from Sunset Law.
Article 16. Alabama Incentives Financing Authority.
Division 1. General Provisions.
§ 41-10-540. Legislative findings; construction.
§ 41-10-541. Definitions.
§ 41-10-542. Incorporation of authority.
§ 41-10-543. Application for incorporation.
§ 41-10-544. Certificate of incorporation.
§ 41-10-545. Members; officers; quorum; vacancies; salaries; record of proceedings.
§ 41-10-546. Powers of authority.
§ 41-10-547. Bonds of the authority.
§ 41-10-548. Use of proceeds from bonds.
§ 41-10-549. Payment or reimbursement of training facility management fees.
§ 41-10-550. Appropriation and pledge of funds for authority obligations.
§ 41-10-551. Manner of ownership, operation, leasing, and disposition of facilities financed by authority.
§ 41-10-552. Publication of notice; time limitation on actions contesting proceedings, validity of obligations, etc.
§ 41-10-553. Exemption from taxes, fees, etc.
§ 41-10-554. No notice, approval, public hearing, etc., required for issuance of obligations.
§ 41-10-555. Exemption from competitive bid laws.
§ 41-10-556. Dissolution of authority.
Division 2. Pledge and Appropriation of TVA Payments to Redeem Bonds.
§ 41-10-570. Pledge and appropriation of state revenues from TVA payments to pay and redeem bonds prior to maturity.
Division 3. Financing Y2K Expenditures.
§ 41-10-590. Legislative findings.
§ 41-10-591. Definitions.
§ 41-10-592. Authority to issue bonds to finance Y2K expenditures.
§ 41-10-593. Use of bond proceeds.
§ 41-10-594. Report of expenditures; diversity requirement.
Article 17. Alabama 21st Century Authority.
Division 1. Authority Generally.
§ 41-10-620. Short title.
§ 41-10-621. Legislative findings and purpose.
§ 41-10-622. Definitions.
§ 41-10-623. Incorporation of authority authorized; application; filing.
§ 41-10-624. Members, officers, and directors.
§ 41-10-625. Powers of the authority.
§ 41-10-626. Bonds of the authority.
§ 41-10-627. Refunding bonds.
§ 41-10-628. Disposition of proceeds of bonds.
§ 41-10-629. Alabama 21st Century Fund.
§ 41-10-630. Pledge and appropriation of tobacco revenues to redeem bonds.
§ 41-10-631. Notice; contested actions.
§ 41-10-632. Tax exemption.
§ 41-10-633. Notice and hearing not required.
§ 41-10-634. Application of other laws.
§ 41-10-635. Dissolution.
§ 41-10-636. Racial and ethnic diversity.
§ 41-10-637. Utilization of services provided by Department of Finance.
§ 41-10-638. Transfers from the special fund.
§ 41-10-639. Liberal construction.
§ 41-10-640. Alabama Construction Recruitment Institute - Application.
§ 41-10-641. Alabama Construction Recruitment Institute - Board of directors.
§ 41-10-642. Alabama Construction Recruitment Institute - Powers.
§ 41-10-643. Alabama Construction Recruitment Institute - Records.
§ 41-10-644. Applicability.
Division 2. Job Development Act of 1999.
§ 41-10-650. Short title.
§ 41-10-651. Legislative findings.
§ 41-10-652. Definitions.
§ 41-10-653. Powers of the authority.
§ 41-10-654. Bonds of the authority.
§ 41-10-655. Debt service.
§ 41-10-656. Use of bond proceeds.
§ 41-10-657. Payment of training costs.
§ 41-10-658. Construction of division.
Division 3. Job Development Act of 2001.
§ 41-10-670. Short title.
§ 41-10-671. Legislative findings and purpose.
§ 41-10-672. Definitions.
§ 41-10-673. Powers and duties of the authority.
§ 41-10-674. Authorization to issue bonds.
§ 41-10-675. Pledge and appropriation of pledged revenues.
§ 41-10-676. Use of bond proceeds.
§ 41-10-677. Payment of training costs directly out of pledged revenues.
§ 41-10-678. Appointments.
§ 41-10-679. Competitive bid.
§ 41-10-680. Liberal construction.
Division 4. Construction Craft Training Program Fee.
§ 41-10-700. Definitions.
§ 41-10-701. Fee imposed on wages of certain employees.
§ 41-10-702. Duties of department.
§ 41-10-703. Failure to pay fee.
§ 41-10-704. Disposition of funds.
§ 41-10-705. Applicability.
Article 18. Alabama Construction Recruitment Institute.
Division 1. Authority Generally.
§ 41-10-720. Legislative findings.
§ 41-10-721. Definitions.
§ 41-10-722. Recruitment and Training Promotion Fund.
§ 41-10-723. Alabama Construction Recruitment Institute - Application.
§ 41-10-724. Alabama Construction Recruitment Institute - Board of directors.
§ 41-10-724.1. Alabama Construction Recruitment Institute - Sunset provision.
§ 41-10-725. Alabama Construction Recruitment Institute - Powers.
§ 41-10-726. Alabama Construction Recruitment Institute - Records.
Division 2. Construction Craft Industry Fee.
§ 41-10-727. Definitions.
§ 41-10-728. Fee imposed on wages of certain employees.
§ 41-10-729. Duties of department.
§ 41-10-730. Failure to pay fee.
§ 41-10-731. Disposition of funds.
§ 41-10-732. Applicability.