Chapter 86A - PUBLIC PARK AND RECREATION AUTHORITIES
- Section 11-86A-1 - Definitions
- Section 11-86A-2 - Legislative findings of fact and declaration of intent; construction of chapter
- Section 11-86A-3 - Authorization and procedure for incorporation generally
- Section 11-86A-4 - Filing of application for incorporation with probate judge; contents thereof; recordation of application by probate judge; approval or disapproval by governing body of county of incorporation and each participating municipality
- Section 11-86A-5 - Contents, signing, and filing of articles
- Section 11-86A-6 - Authorization and procedure for reincorporation of existing park and recreation authorities and boards; continuation in office of directors; effect of reincorporation
- Section 11-86A-7 - Further authorization and procedure for reincorporation of existing park and recreation authorities and boards
- Section 11-86A-8 - Recordation of articles by probate judge; probate judge to receive no fees in connection with incorporation, reincorporation, dissolution, etc., of authority
- Section 11-86A-9 - Powers of authority vested in board of directors; officers and directors of authority; proceedings of board of directors to be reduced to writing and signed by two directors; admissibility of evidence of proceedings of board of directors; adoption of bylaws; notice of meetings; attendance at meetings; qualifications
- Section 11-86A-10 - Members of the board of directors; terms; meetings; removal from office
- Section 11-86A-11 - Amendment of articles
- Section 11-86A-12 - Powers of authority generally
- Section 11-86A-13 - Issuance and sale of bonds
- Section 11-86A-14 - Execution of bonds and interest coupons; form, terms, denominations, etc., of bonds; validation of bonds; sale; refunding bonds
- Section 11-86A-15 - Security for bonds
- Section 11-86A-16 - Application of proceeds from the sale of bonds; source of payment; pledge of county's or municipality's credit; negotiability; exemption from taxation; pledge as security for funds belonging to a public person; investment in bonds by fiduciaries; no public hearing required; investment in bonds by Teachers' Retirement System of Alabama, the Employees' Retirement System of Alabama, and the State Insurance Fund; investment in bonds by public persons
- Section 11-86A-17 - Exemption from usury and interest laws
- Section 11-86A-18 - Exemptions from taxation
- Section 11-86A-19 - Limited liability
- Section 11-86A-20 - Transfer of funds and assets to authority
- Section 11-86A-21 - Dissolution of authority; title to property of authority to vest in county of incorporation upon dissolution of authority unless otherwise provided