The following words and phrases used in this chapter and others evidently intended as the equivalent thereof shall, in the absence of clear implication in this chapter otherwise, be given the following respective interpretations:

(1) APPLICANT. A natural person who files a written application with the Governor in accordance with the provisions of Section 9-6-4.
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Terms Used In Alabama Code 9-6-2

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • following: means next after. See Alabama Code 1-1-1
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • person: includes a corporation as well as a natural person. See Alabama Code 1-1-1
  • property: includes both real and personal property. See Alabama Code 1-1-1
  • state: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Alabama Code 1-1-1
(2) AREA OF OPERATION. The area specified in the certificate of incorporation of the authority, within which the authority is empowered to carry on its business and activities under this chapter.
(3) AUTHORITY. A public corporation organized pursuant to the provisions of this chapter.
(4) BOARD. The board of directors of an authority.
(5) BONDS. Such term shall include bonds, notes, debentures and certificates representing an obligation to pay money.
(6) COUNTY. Any county in this state or in contiguous states.
(7) DIRECTOR. A member of the board of directors of an authority.
(8) INCORPORATORS. The persons who form a public corporation pursuant to the provisions of this chapter.
(9) MUNICIPALITY. Any city or town which is incorporated.
(10) PERSON. Unless limited to a natural person by the context in which it is used, such term includes a public or private corporation, a municipality, a county or an agency, department or instrumentality of a state or of a county or municipality.
(11) PROPERTY. Such term shall include real, personal and mixed property and interests therein.
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