Ala. Code § 41-23-174

Current with legislation from 2024 effective through May 17, 2024.

Section 41-23-174 - Powers

For the purpose of accomplishing the duties enumerated in Section 41-23-173, the authority shall have the following powers:

(1) To acquire by purchase or gift any real, personal, or mixed property necessary or convenient in connection with the purpose for which the authority is formed and to hold title to such property, together with all rights incidental to its estate in such property.

(2) To lease all or any part of the facilities or property of the authority to any person and, from time to time, fix, revise, charge, and collect rentals under such leases.

Ala. Code § 41-23-174 (1975)

Added by Act 2017-403,§ 5, eff. 5/26/2017.