Section 45-41A-10.04 – Incorporation Procedures; Contents and Execution of Certificate.
Section 45-41A-10.04 Incorporation procedures; contents and execution of certificate. (a) Within 40 days following the adoption of the authorizing resolution, the applicants shall proceed to incorporate the authority by filing for record in the office of the Judge of Probate of Lee County a certificate of incorporation which shall comply in form and substance with […]
Section 45-41A-10.05 – Amendments to Certificate of Incorporation.
Section 45-41A-10.05 Amendments to certificate of incorporation. (a) The certificate of incorporation of the authority incorporated under this part may at any time and from time to time be amended in the manner provided in this section. The board shall first adopt a resolution proposing an amendment to the certificate of incorporation which shall be […]
Section 45-41A-10.06 – Board of Directors.
Section 45-41A-10.06 Board of Directors. (a) Each authority shall be governed by a board of directors. All powers of the authority shall be exercised by the board or pursuant to its authorization. The board shall consist of seven directors who shall be elected by the governing body of the city. The board shall consist of […]
Section 45-41A-10.07 – Officers of the Authority.
Section 45-41A-10.07 Officers of the authority. The officers of the authority shall consist of a chair, vice chair, secretary, treasurer, and such other officers as its board shall deem necessary or appropriate. The offices of secretary and treasurer may, but need not, be held by the same person. The chair and vice chair of the […]