2018 Code of Alabama
Title 4 - AVIATION.
Chapter 2A - ALABAMA INTERNATIONAL AIRPORT AUTHORITY.
- Section 4-2A-1 - Definitions.
- Section 4-2A-2 - Formation of corporation with ten individual citizens; selection of citizens.
- Section 4-2A-3 - Citizens to present application to Secretary of State.
- Section 4-2A-4 - Public corporation formed upon filing and recording of application; certificate of incorporation; no fees or compensation to secretary.
- Section 4-2A-5 - Members of authority; terms of appointment; board of directors; quorum; meetings; proceedings of board, reimbursement; impeachment; officers; State Treasurer as custodian of funds.
- Section 4-2A-6 - Powers of authority.
- Section 4-2A-7 - Acceptance, expenditure, etc., of federal, state, county, municipal and other moneys.
- Section 4-2A-8 - Powers of state or any county, municipality, etc., for purpose of aiding and cooperating with authority.
- Section 4-2A-9 - Authority authorized to issue and sell bonds; principal, interest payable from specified sources; bonds to be obligations of authority; form, terms, etc.; redemption; sale.
- Section 4-2A-10 - Publication of bond notice; specific time after publication in which actions and defenses may be asserted against bonds.
- Section 4-2A-11 - Signatures and seal affixed to bonds.
- Section 4-2A-12 - Bonds may be issued under and secured by indenture; Debt Service Reserve Fund.
- Section 4-2A-13 - Proceeds derived from sale of bonds used to pay specified costs.
- Section 4-2A-14 - Refunding bonds.
- Section 4-2A-15 - Bonds as legal investments for state, public officers, public corporations, financial institutions, insurance companies, fiduciaries, etc.
- Section 4-2A-16 - Investment of trust fund in bonds.
- Section 4-2A-17 - Exemption from taxation; exceptions.
- Section 4-2A-18 - Exemption from laws from which certain other airport authorities are exempt; zoning powers; conditions on annexation of authority's airports, facilities, etc.
- Section 4-2A-19 - Sale, distribution, regulation, control of alcoholic beverages; issuance of liquor licenses.
- Section 4-2A-20 - Participation by authority employees in State Employees' Retirement System.
- Section 4-2A-21 - Disposal of lost money or property found on authority property.
- Section 4-2A-22 - Regulation of parking on authority property.
- Section 4-2A-23 - Dissolution of authority.
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