Alabama Code > Title 45 > Chapter 32 > Article 9 – Economic and Industrial Development and Tourism


§ 45-32-90	Industrial Development Authority
§ 45-32-90.01	Officers; meetings; compensation
§ 45-32-90.02	Exercise of functions and powers
§ 45-32-90.03	Director
§ 45-32-90.04	Powers of authority
§ 45-32-90.05	Office space and equipment
§ 45-32-90.06	Expenses of authority

Contract: A legal written agreement that becomes binding when signed.
Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
following: means next after. See Alabama Code 1-1-1
Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). ^{Source: OCC}
person: includes a corporation as well as a natural person. See Alabama Code 1-1-1
Quorum: The number of legislators that must be present to do business.
state: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Alabama Code 1-1-1