§ 16-26C-1 Legislative findings and intent
§ 16-26C-1.1 Letson Grants
§ 16-26C-1.2 Definitions
§ 16-26C-2 Incorporation authorized
§ 16-26C-3 Application for incorporation
§ 16-26C-4 Certificate of incorporation
§ 16-26C-5 Board of trustees and officers
§ 16-26C-5.1 Duties of state superintendent and Chief Executive Officer of Teachers’ Retirement System
§ 16-26C-6 Purpose of the foundation
§ 16-26C-7 Powers of the foundation
§ 16-26C-8 Acceptance of appropriations, gifts, and grants
§ 16-26C-9 Management and disbursement of assets and earnings
§ 16-26C-10 Reports to the Legislature
§ 16-26C-11 Exemptions from taxation
§ 16-26C-12 Nonprofit and public nature of the foundation
§ 16-26C-13 Dissolution of the foundation

Terms Used In Alabama Code > Title 16 > Chapter 26C

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Bequest: Property gifted by will.
  • Devise: To gift property by will.
  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
  • Ex officio: Literally, by virtue of one's office.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Presiding officer: A majority-party Senator who presides over the Senate and is charged with maintaining order and decorum, recognizing Members to speak, and interpreting the Senate's rules, practices and precedents.