State Codes and Statutes
Statutes > Alabama > Title2 > Chapter6 > 2-6-24Section 2-6-24
Governor, Commissioner of Agriculture and Industries and Director of Finance to constitute corporation; directors; officers; record of proceedings.
The Governor, the Commissioner of Agriculture and Industries and the Director of Finance shall constitute a corporation under the name Alabama Agricultural Center Corporation, with the powers set forth in this article. The corporation shall have a board of directors, which shall be the governing body of the corporation. The persons at any time holding the offices of Governor, Commissioner of Agriculture and Industries and Director of Finance and the successors to their duties shall at all times be the members of the board of directors. Any two members of the board of directors shall constitute a quorum for the transaction of business. The corporation shall have a president, a vice-president and a secretary, who shall be elected by the board of directors from the membership, and a treasurer, who shall be the State Treasurer of the state. No officer or director of the corporation shall draw any salary for any services he may render or any duty he may perform as a director or officer of the corporation. All proceedings of the board of directors shall be reduced to writing by the secretary of the corporation and recorded in a well-bound book. Copies of such proceedings, when certified by the secretary of the corporation under its seal, shall be received in all courts as evidence of the matter and things therein certified.
(Acts 1951, No. 532, p. 934, §6.)