# Ala. Code § 41-10-26: Section 41-10-26 Powers of Authority Generally > Alabama · Statutes · In force URL: https://www.frixlaw.com/law-library/statutes/STATE_AL_T41_C10_S41-10-26 ## Section - **Citation:** Ala. Code § 41-10-26 - **Heading:** Section 41-10-26 Powers of Authority Generally - **Jurisdiction:** Alabama - **Kind:** Statutes - **Status:** In force - **Text as of:** August 14, 2026 - **Source:** Compiled text - **Location:** Alabama Code / Title 41 / Chapter 10 / Section 41-10-26 ## Text The authority shall have the following powers: (1) To have succession by its corporate name until dissolved as provided in this article; (2) To institute and defend legal proceedings in any court of competent jurisdiction and proper venue; provided, that the authority may not be sued in any trial court other than the courts of the county in which is located the principal office of the authority; provided further, that the officers, directors, agents, and employees of the authority may not be sued for actions in behalf of the authority in any trial court other than the courts of the county in which is located the principal office of the authority; (3) To have and to use a corporate seal and to alter the seal at pleasure; (4) To establish a fiscal year; (5) To anticipate by the issuance of its bonds the receipt of the revenues appropriated and pledged in this article; (6) To pledge the proceeds of the appropriations and pledges provided for in this article as security for the payment of the principal of and interest on its bonds; (7) To make surveys to determine suitable locations in the state for prospective industries; (8) To make surveys to determine the availability of labor in various parts of the state and to classify such labor in terms of skills and educational levels; (9) To assist counties, municipalities, local industrial development boards organized as public corporations in the state, or airport authorities organized as public corporations in this state pursuant to Chapter 3 of Title 4, or whether created by general, special or local law, or general acts of local application, if such authority governs an airport operated by a county and at least one municipality therein jointly, in the survey and analysis of their industrial resources and needs; (10) To make grants of money to counties, municipalities, and local industrial development boards organized as public corporations in the state, or airport authorities organized as public corporations in this state pursuant to Chapter 3 of Title 4, or whether created by general, special or local law, or general acts of local application if such authority governs an airport operated by a county and at least one municipality therein jointly, for the purposes and subject to the terms and conditions set forth in Section 41-10-27; and (11) To appoint and employ such attorneys and agents as the authority may require for the carrying out of its corporate purposes and the exercise of the foregoing powers. ## Nearby sections - [Ala. Code § 41-10-1 Section 41-10-1 Alabama Building Authority](https://www.frixlaw.com/law-library/statutes/STATE_AL_T41_C10_S41-10-1.md) - [Ala. Code § 41-10-2 Section 41-10-2 Alabama Building Finance Authority](https://www.frixlaw.com/law-library/statutes/STATE_AL_T41_C10_S41-10-2.md) - [Ala. Code § 41-10-3 Section 41-10-3 Alabama Building Corporation](https://www.frixlaw.com/law-library/statutes/STATE_AL_T41_C10_S41-10-3.md) - [Ala. Code § 41-10-20 Section 41-10-20 Definitions](https://www.frixlaw.com/law-library/statutes/STATE_AL_T41_C10_S41-10-20.md) - [Ala. Code § 41-10-21 Section 41-10-21 Legislative Findings of Fact and Declaration of Intent; Construction of Article](https://www.frixlaw.com/law-library/statutes/STATE_AL_T41_C10_S41-10-21.md) - [Ala. Code § 41-10-22 Section 41-10-22 Authorization and Procedure for Incorporation](https://www.frixlaw.com/law-library/statutes/STATE_AL_T41_C10_S41-10-22.md) - [Ala. Code § 41-10-23 Section 41-10-23 Filing of Application for Incorporation with Secretary of State; Contents and Execution Thereof; Filing and Recordation of Application by Secretary of State](https://www.frixlaw.com/law-library/statutes/STATE_AL_T41_C10_S41-10-23.md) - [Ala. Code § 41-10-24 Section 41-10-24 Issuance and Recordation of Certificate of Incorporation by Secretary of State; Secretary of State to Receive No Fees in Connection with Incorporation, Dissolution, Etc., of Authority](https://www.frixlaw.com/law-library/statutes/STATE_AL_T41_C10_S41-10-24.md) - [Ala. Code § 41-10-25 Section 41-10-25 Composition; Recordkeeping; Admissibility in Evidence](https://www.frixlaw.com/law-library/statutes/STATE_AL_T41_C10_S41-10-25.md) - [Ala. Code § 41-10-26 Section 41-10-26 Powers of Authority Generally](https://www.frixlaw.com/law-library/statutes/STATE_AL_T41_C10_S41-10-26.md) - [Ala. Code § 41-10-26.1 Section 41-10-26.1 Exercise of Powers Granted to Airport Authorities](https://www.frixlaw.com/law-library/statutes/STATE_AL_T41_C10_S41-10-26.1.md) - [Ala. Code § 41-10-27 Section 41-10-27 Issuance and Sale of Bonds for Purpose of Making Grants for Certain Purposes Authorized; Terms and Conditions](https://www.frixlaw.com/law-library/statutes/STATE_AL_T41_C10_S41-10-27.md) - [Ala. Code § 41-10-27.1 Section 41-10-27.1 State Preparation Grant Money for Raw or Completely Undeveloped Sites](https://www.frixlaw.com/law-library/statutes/STATE_AL_T41_C10_S41-10-27.1.md) - [Ala. Code § 41-10-27.2 Section 41-10-27.2 Appropriation of Funds for Payment of Industrial Development Site Grants, Site Assessment Grants, or Site Development Grants](https://www.frixlaw.com/law-library/statutes/STATE_AL_T41_C10_S41-10-27.2.md) --- Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_AL_T41_C10_S41-10-26. Check the current official text before relying on it. 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