Section 33-1-17 Title to property. - Alabama Statutes

Section 33-1-17

Title to property.

The title to all property acquired by the Alabama State Docks Department and now vested in the State of Alabama shall on August 1, 2000, be vested in the port authority. The director, with the consent and the approval of the board may dispose of, sell, or lease to others, at reasonable prices and for reasonable compensation, without a competitive advertised public auction or advertised sealed bid process any of the property, equipment, and facilities of the port authority.

(Acts 1923, No. 303, p. 330; Code 1923, §2541; Acts 1927, No. 1, p. 1; Acts 1935, No. 385, p. 821; Acts 1936, Ex. Sess., No. 92, p. 57; Code 1940, T. 38, §18; Acts 1996, 1st Ex. Sess., No. 96-21, p. 24, §1; Act 2000-598, p. 1199, §2.)