Article 9 - Alabama Judicial Building Authority.

Article 9 - Alabama Judicial Building Authority.

Section 41-10-260 - Definitions.
Section 41-10-261 - Legislative intent; liberal construction.
Section 41-10-262 - Authority to incorporate.
Section 41-10-263 - Procedure for incorporation.
Section 41-10-264 - Certificate of incorporation; no fees for incorporation or dissolution.
Section 41-10-265 - Members, directors and officers of authority; quorum; vacancies; no additional salary for service to authority; effect of resolutions; record of proceedings; establishment of legislative oversight committee.
Section 41-10-266 - Meetings of board of directors.
Section 41-10-267 - Powers of authority.
Section 41-10-268 - Authorization, issuance and sale of bonds.
Section 41-10-268.1 - Issuance of bonds - 2007 authorization.
Section 41-10-269 - Execution of bonds.
Section 41-10-270 - Use of proceeds from sale of bonds.
Section 41-10-271 - Acquisition, construction, etc., of judicial facilities; award of contract; payments under contract; Building Commission expenses; revision of plans.
Section 41-10-272 - Creation of fund for payment of bonds.
Section 41-10-273 - Security for bonds; collection and application of revenues pledged to payment of bonds; terms of leases of judicial facilities; maintenance and insurance of judicial facilities; reserve and other funds; rights of holders of bonds upon default.
Section 41-10-274 - State Treasurer to disburse funds for payment of bonds.
Section 41-10-275 - Terms and conditions of leasing by authority.
Section 41-10-276 - Investment of proceeds from sale of bonds; disposition of investment income.
Section 41-10-277 - Refunding bonds.
Section 41-10-278 - Presumption of validity of bonds and publication of notice thereof; civil action challenging validity.
Section 41-10-279 - Exemption from taxation.
Section 41-10-280 - Bonds constitute negotiable instruments; registration of transfers.
Section 41-10-281 - Obligations not debt of state.
Section 41-10-282 - Bonds are lawful security for state deposits; investment of state, retirement, and other fiduciary funds in bonds of authority.
Section 41-10-283 - Earnings of authority.
Section 41-10-284 - Dissolution of authority.

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