Article16. 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.