Alabama Statutes
§ 39-7-12 — Authority to Be Public Corporation; Exercise of Powers of Authority
(a)Each authority incorporated under this chapter shall be a public corporation in perpetuity under its corporate name and the same shall in that name be a body politic and corporate, with power of perpetual succession.
(b)The power of each authority shall be vested in and exercised by a majority of the members of the board of trustees of the improvement authority in office.
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Alabama § 39-7-12 (Authority to Be Public Corporation; Exercise of Powers of Authority) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
(Acts 1935, No. 40, p. 72; Code 1940, T. 50, §28.)
Nearby Sections
15
§ 39-1-5
Applicability§ 39-2-1
Definitions