Section 23-6-2 – Purposes of Public Corporation; Supervision of Construction by State Department of Transportation; Department’s Power to Assign, Contract, etc., Construction Work; Construction of Chapter.
Section 23-6-2 Purposes of public corporation; supervision of construction by State Department of Transportation; department’s power to assign, contract, etc., construction work; construction of chapter. It is the intention of the Legislature to authorize the incorporation of a public corporation for all of the following purposes: (1) To issue bonds to assure the availability of […]
Section 23-6-3 – Authority to Incorporate.
Section 23-6-3 Authority to incorporate. The Director of Transportation, the State Treasurer, and the Director of Finance may become a corporation, with the powers and authorities hereinafter provided, by proceeding according to the provisions of this chapter. (Acts 1985, No. 85-549, p. 833, §3.)
Section 23-6-4 – Proceeding to Incorporate.
Section 23-6-4 Proceeding to incorporate. To become a corporation, the Director of Transportation, the State Treasurer, and the Director of Finance shall present to the Secretary of State of Alabama an application signed by them which shall set forth: (1) The name, official designation, and official residence of each of the applicants, together with a […]