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2022 Code of Alabama
Title 41 - State Government.
Chapter 10 - Authorities.
Article 2 - Industrial Development Authority.
Division 1 - General Provisions.
- Section 41-10-20 - Definitions.
- Section 41-10-21 - Legislative Findings of Fact and Declaration of Intent; Construction of Article.
- Section 41-10-22 - Authorization and Procedure for Incorporation.
- Section 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.
- Section 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.
- Section 41-10-25 - Composition; Recordkeeping; Admissibility in Evidence.
- Section 41-10-26 - Powers of Authority Generally.
- Section 41-10-26.1 - Exercise of Powers Granted to Airport Authorities.
- Section 41-10-27 - Issuance and Sale of Bonds for Purpose of Making Grants for Certain Purposes Authorized; Terms and Conditions.
- Section 41-10-27.1 - State Preparation Grant Money for Raw or Completely Undeveloped Sites.
- Section 41-10-27.2 - Appropriation of Funds for Payment of Industrial Development Site Grants.
- Section 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.
- Section 41-10-29 - Disposition of Proceeds From Sale of Bonds and Refunding Bonds.
- Section 41-10-30 - Pledge and Appropriation of Certain Tax Receipts for Sinking Fund for Payment of Principal and Interest on Bonds.
- Section 41-10-31 - Payment of Principal and Interest on Bonds and Maintenance of Records Pertaining Thereto by State Treasurer.
- Section 41-10-32 - Dissolution of Authority; Title to Property of Authority to Vest in State Upon Dissolution of Authority.
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