Chapter 1 - Alabama Public Recreational And Historical Facilities Improvement Act
- Section 9-14A-1 Short title
This chapter shall be known as the "Alabama Public Recreational and Historical Facilities Improvement Act." ...
- Section 9-14A-2 Legislative findings
The Legislature hereby finds and declares that it is necessary, desirable and in the public interest that the state parks system, public historical sites, ...
- Section 9-14A-3 Definitions
Where used in this chapter the following words and terms shall be given the following respective meanings unless the context hereof clearly indicates otherwise: ...
- Section 9-14A-4 Alabama State Parks System Improvement Corporation
(a) The Governor, the Lieutenant Governor or his or her designee, the President Pro Tempore of the Senate or his or her designee, the ...
- Section 9-14A-5 Alabama Public Historical Sites and Parks Improvement Corporation
(a) The Governor, the Lieutenant Governor or his or her designee, the President Pro Tempore of the Senate or his or her designee, the ...
- Section 9-14A-6 Powers
The corporations created in Sections 9-14A-4 and 9-14A-5 shall each have the following powers: (a) To have succession by its corporate name without time ...
- Section 9-14A-7 Additional powers of Alabama State Parks System Improvement Corporation
In addition to the powers provided in the above Section 9-14A-6, the Alabama State Parks System Improvement Corporation shall have the following powers: (a) ...
- Section 9-14A-8 Additional powers of the Alabama Public Historical Sites and Parks Improvement Corporation
In addition to the powers provided in the above Section 9-14A-6, the Alabama Public Historical Sites and Parks Improvement Corporation shall have the following ...
- Section 9-14A-9 Bonds - Generally
The bonds issued pursuant to this act shall not be obligations of said corporations but shall be general obligations of the state with the ...
- Section 9-14A-10 Bonds - Payment; records
The State Treasurer is authorized and directed to pay the principal of, premium, if any, and interest on the bonds issued under the provisions ...
- Section 9-14A-11 Bonds - Redemption
The bonds of each series issued pursuant to this chapter may be issued as serial bonds payable in annual installments or as term bonds ...
- Section 9-14A-12 Bonds - Sale and execution
The bonds of each series thereof issued pursuant to this chapter shall be sold by the corporations at public sale as provided in the ...
- Section 9-14A-13 Bonds - Proceeds - Alabama State Parks System Improvement Fund
The proceeds derived from the sale of each series of the bonds issued pursuant to this chapter by the Alabama State Parks System Improvement ...
- Section 9-14A-14 Bonds - Proceeds - Alabama Public Historical Sites and Parks Improvement Fund
The proceeds derived from the sale of each series of the bonds issued pursuant to this chapter by the Alabama Public Historical Sites and ...
- Section 9-14A-15 Bonds - Proceeds - Disposition
Upon order of the respective board of directors of the corporations, all expenses incurred in connection with the authorization, preparation, sale, and issuance of ...
- Section 9-14A-16 Refunding bonds
Pursuant to the provisions of the aforesaid amendment and this chapter, the corporations may, at any time and from time to time, issue for ...
- Section 9-14A-17 Use of bonds
All bonds, including refunding bonds, issued pursuant hereto, and the income therefrom, including the interest income thereon, shall be free from all taxation by ...
- Section 9-14A-18 Contracts
All contracts of the corporations for the acquisition, provision, construction, improvement, renovation, equipping, and maintenance of the state parks system, public historical sites and ...
- Section 9-14A-19 Bonds - Proceeds - Alabama State Parks System Maintenance Fund
Except as provided herein, the proceeds from the bonds issued by the Alabama State Parks System Improvement Corporation and interest income thereon are appropriated ...
- Section 9-14A-20 Bonds - Proceeds - Appropriations
The proceeds from the bonds issued by the Alabama Public Historical Sites and Parks Improvement Corporation and interest income thereon shall be appropriated as ...
- Section 9-14A-21 Joint Legislative Committee on State Parks
(a) Any appropriations made herein shall be subject to the study, review, concurrence, and approval of the Joint Legislative Committee on State Parks, previously ...
- Section 9-14A-22 Dissolution of corporations
At any time when no bonds of the corporations are outstanding the corporations may be dissolved upon each filing with the Secretary of State ...
- Section 9-14A-23 Tax exemption
The corporations on behalf of the state shall have the power to provide for such payments to the United States of America as the ...
