Alabama § 22-3A-23 Approval of Allocations Other Than Those in Section 22-3A- 19(A) to Be Unanimous

Alabama Statutes

§ 22-3A-23 — Approval of Allocations Other Than Those in Section 22-3A- 19(A) to Be Unanimous

Alabama·Title 22 Health, Mental Health, and Environmental Control·Ch. 3A Alabama Public Health Finance Authority

Notwithstanding any provisions of this chapter, no allocations from any sources, including, but not limited to, bond proceeds and earnings thereon and debt service reserve and earnings thereon, shall be authorized for public health facilities in this state, other than allocations listed in Section 22-3A-19(a), unless and until there is recorded in the official minutes of the authority the unanimous consent of all the members of the board of directors approving said allocations. In the absence of an authority member, his vote may be cast in writing and submitted to the chairman prior to the meeting during which said vote is scheduled.

Free access — add to your briefcase to read the full text and ask questions with AI

Notwithstanding any provisions of this chapter, no allocations from any sources, including, but not limited to, bond proceeds and earnings thereon and debt service reserve and earnings thereon, shall be authorized for public health facilities in this state, other than allocations listed in Section 22-3A-19(a), unless and until there is recorded in the official minutes of the authority the unanimous consent of all the members of the board of directors approving said allocations. In the absence of an authority member, his vote may be cast in writing and submitted to the chairman prior to the meeting during which said vote is scheduled.

Alabama § 22-3A-23 (Approval of Allocations Other Than Those in Section 22-3A- 19(A) to Be Unanimous) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.