Current with legislation from 2024 effective through May 17, 2024.
Section 4-3-42 - Certificate of incorporation - ContentsThe certificate of incorporation of the authority shall state:
(1) The names of the persons forming the authority, together with the residence of each thereof, and a statement that each of them is a duly qualified elector of and owner of property in the state;(2) The name of the authority (which shall include the words "airport authority" or "airport and industrial authority");(3) The period for the duration of the authority (if the duration is to be perpetual, that fact shall be so stated);(4) The name of each of the authorizing subdivisions, together with the date on which the governing body thereof adopted a resolution authorizing the incorporation of the authority;(5) The proposed location of the principal office of the authority, which shall be in this state; and(6) Any other matters relating to the authority that the incorporators may choose to insert and that is not inconsistent with this article or with the laws of the state.Ala. Code § 4-3-42 (1975)
Acts 1977, No. 331, p. 433, §3.