Chapter

Municipal Electric Authority

Ala. Code § 11-50A-1— Definitions.
Ala. Code § 11-50A-2— Legislative Intent.
Ala. Code § 11-50A-3— Purpose of Authority.
Ala. Code § 11-50A-4— Application for Incorporation.
Ala. Code § 11-50A-5— Issuance and Recording of Certificate of Incorporation; No Fees to Be Paid.
Ala. Code § 11-50A-6— Board of Directors; Election Committee; Meetings; Vacancies; Officers; Expenses; Recordkeeping; Audits.
Ala. Code § 11-50A-7— Tax Exemptions; Payments in Lieu of Taxes.
Ala. Code § 11-50A-8— Powers of the Authority.
Ala. Code § 11-50A-9— Issuance of Bonds; Prerequisites; Procedure; Provisions; Execution; Bond Resolution Covenants.
Ala. Code § 11-50A-10— Validation of Bonds.
Ala. Code § 11-50A-11— Validation of Contracts.
Ala. Code § 11-50A-12— Bond Provisions; Destroyed Bonds; Interest; Cancellation; Paying Agents.
Ala. Code § 11-50A-13— Immunity from Liability; Credit Not Pledged.
Ala. Code § 11-50A-14— Right to Receivership Upon Default.
Ala. Code § 11-50A-15— Negotiability of Bonds.
Ala. Code § 11-50A-16— Bonds as Legal Investments.
Ala. Code § 11-50A-17— Contracts for Use of Projects; Purchase of Electric Power; Payment of Charges; Indemnity; Enforcement of Performance.
Ala. Code § 11-50A-18— Revenues of Authority; Rates; Assignment to Trustee; Use of Revenues.
Ala. Code § 11-50A-19— Pledge of Revenues.
Ala. Code § 11-50A-20— Trust Agreement.
Ala. Code § 11-50A-21— Proceeds of Bonds.
Ala. Code § 11-50A-22— Issuance of Bond Anticipation Notes and Notes.
Ala. Code § 11-50A-23— Trust Funds.
Ala. Code § 11-50A-24— Jurisdiction of Actions.
Ala. Code § 11-50A-25— Public Service Commission Review and Regulation.
Ala. Code § 11-50A-26— Provisions of Resolution, Agreement, Chapter, Etc., as Irrevocable Contract with Holders of Bonds, Notes, Etc.
Ala. Code § 11-50A-27— Dissolution of Authority.
Ala. Code § 11-50A-28— Exemption from Alabama Sunset Law.
Ala. Code § 11-50A-29— Exemption from Competitive Bid Laws.
Ala. Code § 11-50A-30— Construction.
Ala. Code § 11-50A-31— Effectiveness of Pledges and Security Interests.
Ala. Code § 11-50A-32— Powers Declared Supplementary.
Ala. Code § 11-50A-33— Severability.