§ 41-10-450 — Legislative Intent

Alabama § 41-10-450

• Jurisdiction: Alabama
• Title 41: State Government
• Ch. 10: Authorities
• Art. 14: Alabama Building Renovation Finance Authority

Text

It is the intent of the Legislature by the passage of this article to authorize the incorporation of the Governor, the Director of Finance, and the State Treasurer as a public corporation for the sole purpose of constructing, renovating, reconstructing, improving, altering, adding to, demolishing, equipping, operating and maintaining or contracting for the constructing, renovation, reconstruction, improvement, alteration, addition, demolition, equipment, operation and maintenance of public office buildings (including the State Capitol), and surfacing and resurfacing of land for parking and other uses to produce revenue and to vest such corporation with all powers, authority, rights, privileges, and titles that may be necessary to enable it to accomplish such purpose. This article shall be liberally construed in conformity with the purpose expressed.

Legislative History

(Acts 1990, No. 90-602, p. 1079, §1; Act 98-245, p. 404, §2; Act 2006-618, p. 1690, §2.)