§ 41-10-135 Short title
§ 41-10-136 Definitions
§ 41-10-137 Purposes for which authorities may be formed
§ 41-10-138 Application for authority to incorporate; contents; review of application and issuance of executive order by Governor
§ 41-10-139 Filing certificate of incorporation with Secretary of State; contents, execution, recordation, etc
§ 41-10-140 Board of directors; appointment, terms, vacancies, reappointment, expenses, removal, etc
§ 41-10-141 Powers and duties of authority generally
§ 41-10-142 Bonds – Issuance; form, terms, denominations, etc.; sale; refunding bonds; negotiable; security for payment
§ 41-10-143 Bonds – Contracts to secure payment of principal and interest
§ 41-10-144 Bonds – Statutory mortgage lien to secure payment of principal and interest; recording notice
§ 41-10-145 Bonds – Use of proceeds from sale
§ 41-10-146 Loans, sales, grants, etc., of money, property, etc., to authority by counties, municipalities, etc
§ 41-10-147 Exemption from taxation, fees and costs
§ 41-10-148 Reports by authority to Governor
§ 41-10-149 Construction of article generally; certain provisions exclusive
§ 41-10-150 Dissolution of authority; title to property vests in state
§ 41-10-151 Authority organized under former law valid; reincorporation under this article
§ 41-10-152 Historical preservation authorities – To be nonprofit corporations; distribution of net earnings
§ 41-10-153 Historical preservation authorities – Exempt from usury or other interest limiting laws
§ 41-10-154 Application of Sections 41-10-152 through 41-10-154; provisions not retrospectively validating

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Terms Used In Alabama Code > Title 41 > Chapter 10 > Article 5 - Historical Preservation Authorities

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
  • Contract: A legal written agreement that becomes binding when signed.
  • 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.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Devise: To gift property by will.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • following: means next after. See Alabama Code 1-1-1
  • Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Impeachment: (1) The process of calling something into question, as in "impeaching the testimony of a witness." (2) The constitutional process whereby the House of Representatives may "impeach" (accuse of misconduct) high officers of the federal government for trial in the Senate.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • 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.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • person: includes a corporation as well as a natural person. See Alabama Code 1-1-1
  • preceding: means next before. See Alabama Code 1-1-1
  • Probate: Proving a will
  • 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
  • United States: includes the territories thereof and the District of Columbia. See Alabama Code 1-1-1
  • Usury: Charging an illegally high interest rate on a loan. Source: OCC
  • writing: includes typewriting and printing on paper. See Alabama Code 1-1-1
  • year: means a calendar year; but, whenever the word "year" is used in reference to any appropriations for the payment of money out of the treasury, it shall mean fiscal year. See Alabama Code 1-1-1