Code of Alabama - Title 4: Aviation - Chapter 3 - Airport Authorities
- Article 1 General Provisions.
- Section 4-3-1 Definitions
When used in this article, unless the context plainly indicates otherwise, the present tense shall include the future tense, the singular shall include the plural,...
- Section 4-3-2 Procedure for incorporation
Pursuant to the provisions of this article, airport authorities may be organized as public corporations with the powers herein set forth. To organize such a...
- Section 4-3-3 Contents of certificate of incorporation
The certificate of incorporation of the authority shall state: (1) The names of the persons forming the authority, together with the residence of each thereof,...
- Section 4-3-4 Execution and recordation of certificate of incorporation
The certificate of incorporation of the authority shall be signed and acknowledged by the incorporators before an officer authorized by the laws of the state...
- Section 4-3-5 Board of directors of authority
Each authority shall be governed by a board of directors of three or more members, selected as provided herein. If the sole authorizing subdivision is...
- Section 4-3-6 Officers of authority
The officers of the authority shall consist of a chairman, a vice-chairman, a secretary, a treasurer and such other officers as the board shall deem...
- Section 4-3-7 Immunity of authority and directors from liability for negligence
No action or suit shall be brought or maintained against the authority, or any director thereof, for or on account of the negligence of such...
- Section 4-3-8 Exemption of bonds, property and income of authority from taxation; concessionaires, tenants, etc., subject to state and local taxation
The bonds issued by the authority and the income therefrom shall be exempt from all taxation in the state. All property and income of the...
- Section 4-3-9 Tax or license for use of public streets, etc., leading to or from airport, etc., prohibited
No county, city or town may require the payment of any tax or privilege license by any person, firm or corporation for the reasonable use...
- Section 4-3-10 Exemption from state contracting, purchasing and zoning restrictions; zoning powers
Authorities organized pursuant to this article shall be exempt from the laws relating to the advertising and award of construction contracts and purchase contracts made...
- Section 4-3-11 Powers of authority generally
The authority shall have the following powers, together with all powers incidental thereto or necessary to the discharge thereof in corporate form: (1) To have...
- Section 4-3-12 Federal and state aid
The authority is authorized to accept, receive, receipt for, disburse and expend federal and state moneys and other moneys, public or private, made available by...
- Section 4-3-13 Assistance and cooperation by counties, municipalities, etc
For the purpose of aiding and cooperating with the authority in the planning, development, undertaking, construction, extension, improvement or operation of airports, heliports and air...
- Section 4-3-14 Issuance and sale of bonds by authority; form, denominations, terms, etc., of bonds
The authority shall have the power and is hereby authorized at any time and from time to time to issue and sell its interest-bearing revenue...
- Section 4-3-15 Publication of notice of bond resolution; limitation period for proceedings to challenge validity of bonds, proceedings for issuance, etc
Upon the adoption by the board of any resolution providing for the issuance of bonds, the authority may, in its discretion, cause to be published,...
- Section 4-3-16 Execution and delivery of bonds
All bonds shall be signed by the chairman or vice-chairman and the secretary or treasurer of the authority and the seal of the authority shall...
- Section 4-3-17 Security for bonds
In the discretion of the authority, any bonds may be issued under and secured by an indenture between the authority and a trustee. Said trustee...
- Section 4-3-18 Use of proceeds from sale of bonds
The proceeds derived from the sale of any bonds (other than refunding bonds) may be used only to pay the cost of acquiring, constructing, improving,...
- Section 4-3-19 Refunding bonds
The authority may at any time and from time to time issue refunding bonds for the purpose of refunding the principal of and the interest...
- Section 4-3-20 Investment of county, municipal, etc., funds in bonds
The governing body of any county, city or town within this state is authorized, in its discretion, to invest in bonds of the authority any...
- Section 4-3-21 Eligibility of bonds as investments for trusts, savings banks, insurance companies, etc
Bonds issued under the provisions of this article are hereby made legal investments for executors, administrators, trustees and other fiduciaries, unless otherwise directed by the...
- Section 4-3-22 Procedure for dissolution of authority
At any time when no bonds of the authority are outstanding, the authority may be dissolved upon the filing with the judge of probate in...
- Section 4-3-23 Certain contracts or legal actions validated
All contracts entered into or legal actions instituted prior to or after October 1, 1971, by any de facto or de jure authority organized under...
- Section 4-3-24 Provisions of article cumulative
The provisions of this article are cumulative and shall not be deemed to repeal existing laws, except to the extent such laws are clearly inconsistent...
- Article 2 Alternate Procedure for Incorporation.
- Section 4-3-40 Definitions
When used in this article, unless the context plainly indicates otherwise, the present tense shall include the future tense, the singular shall include the plural,...
- Section 4-3-41 Authority and procedure for incorporation; reincorporation of existing airport authorities
(a) Pursuant to the provisions of this article, airport authorities may be organized as public corporations with the powers set forth in this article. To...
- Section 4-3-42 Certificate of incorporation - Contents
The certificate of incorporation of the authority shall state: (1) The names of the persons forming the authority, together with the residence of each thereof,...
- Section 4-3-43 Certificate of incorporation - Execution and recordation
The certificate of incorporation of the authority shall be signed and acknowledged by the incorporators before an officer authorized by the laws of the state...
- Section 4-3-44 Certificate of incorporation - Amendment
The certificate of incorporation of an authority may be amended to change or modify any provision or to add any provision which could have been...
- Section 4-3-45 Board of directors of authority
Each authority shall be governed by a board of directors of either three, five, or seven members as provided in the certificate of incorporation or...
- Section 4-3-46 Officers of authority; personnel
The officers of the authority shall consist of a chairman, a vice-chairman, a secretary, a treasurer and such other officers as the board shall deem...
- Section 4-3-47 Powers of authority generally
The authority shall have the following powers, together with all powers incidental thereto or necessary to the discharge thereof in corporate form: (1) To have...
- Section 4-3-48 Receipt, expenditure, etc., of federal, state and local aid
The authority is authorized to accept, receive, receipt for, disburse and expend federal, state and county or municipal moneys and other moneys, public or private,...
- Section 4-3-49 Assistance and cooperation by counties, municipalities, etc
For the purpose of aiding and cooperating with the authority in the planning, development, undertaking, construction, extension, improvement or operation of airports, heliports and air...
- Section 4-3-50 Civil actions against authority, directors, etc
No civil action shall be brought or maintained against the authority or any director thereof for or on account of the negligence of such authority...
- Section 4-3-51 Bonds - Issuance and sale generally; payment of principal and interest generally; form, denominations, terms, etc
The authority shall have the power and is hereby authorized at any time and from time to time to issue and sell its interest-bearing revenue...
- Section 4-3-52 Bonds - Publication of notice of bond; limitation period for actions or proceedings to challenge proceedings for issuance of bonds, etc
Upon the adoption by the board of any resolution providing for the issuance of bonds, the authority may, in its discretion, cause to be published...
- Section 4-3-53 Bonds - Execution and delivery
All bonds shall be signed by the chairman or vice-chairman and the secretary or treasurer of the authority and the seal of the authority shall...
- Section 4-3-54 Bonds - Security for payment of principal and interest
In the discretion of the authority, any bonds may be issued under and secured by an indenture between the authority and a trustee. Said trustee...
- Section 4-3-55 Bonds - Disposition of proceeds from sale
The proceeds derived from the sale of any bonds, other than refunding bonds, may be used only to pay the cost of acquiring, constructing, improving,...
- Section 4-3-56 Refunding bonds
The authority may at any time and from time to time issue refunding bonds for the purpose of refunding or providing funds to pay the...
- Section 4-3-57 Investment of county or municipal funds in bonds
The governing body of any county or municipality within this state is authorized, in its discretion, to invest in bonds of the authority any idle...
- Section 4-3-58 Eligibility of bonds as investment for trusts, savings banks, insurance companies, etc
Bonds issued under the provisions of this article are hereby made legal investments for executors, administrators, trustees and other fiduciaries, unless otherwise directed by the...
- Section 4-3-59 Exemption of bonds, property and income of authority from taxation; concessionaires, tenants, etc., of authority subject to state and local taxation; exemption from payment of deed recording fees and roll-back taxes
The bonds issued by the authority and the income therefrom shall be exempt from all taxation in the state. All property and income of the...
- Section 4-3-60 Exemption from state contracting, purchasing and zoning restrictions; zoning powers
Authorities organized pursuant to this article shall be exempt from the laws relating to the advertising and award of construction contracts and purchase contracts made...
- Section 4-3-61 Procedure for dissolution
At any time when no bonds of the authority are outstanding, the authority may be dissolved upon the filing with the judge of probate in...
- Section 4-3-62 Provisions of article cumulative
This article shall provide an alternate and additional procedure for incorporating airport authorities and governing such authorities when incorporated. The provisions of this article are...
- Article 3 Borrowing by Municipalities.
Last modified: May 3, 2021