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U.S. State Codes
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Alabama
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Title 45 - Local Laws.
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Chapter 41A - Lee County Mu...
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Article 4 - Opelika.
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Part 1 - Downtown Development Authority.
Part 1 - Downtown Development Authority.
Section 45-41A-40.01 - Definitions.
Section 45-41A-40.02 - Use of particular terms and phrases.
Section 45-41A-40.03 - Application; authorization of incorporation.
Section 45-41A-40.04 - Incorporation procedures; contents and execution of certificate.
Section 45-41A-40.05 - Amendments to certificate of incorporation.
Section 45-41A-40.06 - Board of directors.
Section 45-41A-40.07 - Officers of the authority.
Section 45-41A-40.08 - Powers of the authority.
Section 45-41A-40.09 - Bonds of the authority.
Section 45-41A-40.10 - Proceeds from sale of bond.
Section 45-41A-40.11 - Refunding bonds.
Section 45-41A-40.12 - Notice of bond resolution.
Section 45-41A-40.13 - Exemption from taxation.
Section 45-41A-40.14 - Liability of city.
Section 45-41A-40.15 - Exemption from usury and interest laws.
Section 45-41A-40.16 - Exemption from competitive bid laws.
Section 45-41A-40.17 - Freedom of the authority from state supervision and control.
Section 45-41A-40.18 - Earnings of the authority.
Section 45-41A-40.19 - Dissolution of corporation.
Section 45-41A-40.20 - Existence of authority to prevent subsequent incorporation.
Section 45-41A-40.21 - Power of eminent domain.
Section 45-41A-40.22 - Loans, sales, grants, etc., of money, property, etc., to the authority by counties, municipalities, etc.
Section 45-41A-40.23 - Provisions cumulative.