Article 11 - USS Alabama Battleship Commission.

Article 11 - USS Alabama Battleship Commission.

Section 41-9-340 - Creation; composition; qualifications, appointment, terms of office and removal of members; vacancies.
Section 41-9-341 - Members not to receive pay, etc.; payment of expenses of members; conflicts of interest of members or employees of commission; penalty.
Section 41-9-342 - Meetings generally; quorum; organization and procedure; seal; officers; requirement of bond from treasurer.
Section 41-9-343 - Executive committee.
Section 41-9-344 - Executive director.
Section 41-9-345 - Employees.
Section 41-9-346 - Commission a public body corporate.
Section 41-9-347 - Commission to establish, operate, etc., memorial park and acquire, exhibit, etc., Battleship USS Alabama, etc.
Section 41-9-348 - Commission to be state agency; commission to have exclusive control over battleship, park, etc.
Section 41-9-349 - Powers and duties of commission generally.
Section 41-9-350 - Maintenance and audits of records and books of account; establishment, etc., of reserve fund for special contingencies and emergencies.
Section 41-9-351 - Commission may provide for insurance for properties and employees.
Section 41-9-352 - Authority for issuance and sale of revenue bonds; form, terms, denomination, etc., generally; sale; redemption; payment of principal and interest on bonds and security therefor.
Section 41-9-353 - Bonds and other obligations to be exclusively obligations of commission; bonds and coupons to be negotiable instruments and to constitute legal investments for banks, insurance companies and fiduciaries; effect of recital as to issuance in resolution authorizing bonds.
Section 41-9-354 - Borrowing of money from private sources, etc., authorized generally; pledge of future revenues from admissions, etc., as security for repayment of such loans.
Section 41-9-355 - Loan from State Docks Department; commission may borrow from banks pending such loan and pledge loan as security; $50,000.00 outstanding indebtedness forgiven.
Section 41-9-356 - Appropriations by counties and municipalities.
Section 41-9-357 - Battleship Fund.
Section 41-9-358 - Exemption from taxation of commission and income, properties, etc., thereof.

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