SB151
173107-4:n:02/08/2016:JMH/hh LRS2015-3468R2 SB151 By Senator Ward RFD Judiciary Rd 1 09-FEB-16 SYNOPSIS: This bill would revise the Alabama Limited Partnership Law as Chapter 9A of Title 10A of the Code of Alabama 1975. This bill would harmonize the existing limited partnership law and the existing limited liability company law by reducing the differences between the two laws. This bill would harmonize, to the extent possible, the various processes of formation, filings, notice, amendment and restatement of certificates of formation, admission of limited partners and general partners, contributions and distributions, dissociation of partners and the effects thereof, transfers of interests, charging orders, rights of personal representatives, dissolution and winding up, direct and derivative actions, and conversions and mergers. This bill would continue to specify various default provisions which would apply to a partnership agreement unless modified by the partners in the partnership...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/SB151.htm - 236K - Match Info - Similar pages
HB321
174083-2:n:02/24/2016:KMS*/cj LRS2016-633R1 HB321 By Representatives Faust, Shiver, Sessions, Gaston, Baker, McMillan, Bracy, Buskey, Pringle, Williams (JW), Wilcox, Davis, Clarke, Drummond and Jackson RFD Insurance Rd 1 25-FEB-16 SYNOPSIS: Under existing law, all insurers authorized and writing property insurance in the State of Alabama are required to be members of the Alabama Insurance Underwriting Association, which was established to provide a method whereby essential property insurance coverage would be provided in any county contiguous to the Gulf of Mexico and Mobile Bay. This bill would create the Alabama Coastal Insurance Authority for the purpose of providing affordable windstorm insurance for owners of insurable property in any county contiguous to the Gulf of Mexico and Mobile Bay. This bill would provide for the selection of the board of directors of the authority. This bill would provide for the adoption of the plan of operation of the authority, including the process...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB321.htm - 38K - Match Info - Similar pages
HB489
176440-1:n:04/04/2016:LLR/mfc LRS2016-1384 HB489 By Representative Buskey RFD Economic Development and Tourism Rd 1 05-APR-16 SYNOPSIS: Under existing law, there is a process for establishing community development districts that meet certain requirements. Once established, the sale of alcoholic beverages is authorized within the district by certain entities otherwise licensed by the Alcoholic Beverage Control Board. This bill would create an additional class of community development district and provide for the incorporation and powers of the district. A BILL TO BE ENTITLED AN ACT To amend Section 35-8B-1, 35-8B-2, and 35-8B-3, Code of Alabama 1975, relating to community development districts; to create an additional class of community development district; and to provide for the incorporation and powers of the district. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:Section 1. Section 35-8B-1, 35-8B-2, and 35-8B-3, Code of Alabama 1975, are amended to read as follows: §35-8B-1. "(a)...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB489.htm - 17K - Match Info - Similar pages
SB298
174083-2:n:02/24/2016:KMS*/cj LRS2016-633R1 SB298 By Senators Hightower and Pittman RFD Banking and Insurance Rd 1 24-FEB-16 SYNOPSIS: Under existing law, all insurers authorized and writing property insurance in the State of Alabama are required to be members of the Alabama Insurance Underwriting Association, which was established to provide a method whereby essential property insurance coverage would be provided in any county contiguous to the Gulf of Mexico and Mobile Bay. This bill would create the Alabama Coastal Insurance Authority for the purpose of providing affordable windstorm insurance for owners of insurable property in any county contiguous to the Gulf of Mexico and Mobile Bay. This bill would provide for the selection of the board of directors of the authority. This bill would provide for the adoption of the plan of operation of the authority, including the process for post-loss assessments of policyholders and assessable insurers. This bill would authorize the sale of...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/SB298.htm - 38K - Match Info - Similar pages
HB270
cell captive insurance companies. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:Section 1. Sections 27-31B-2, 27-31B-3, 27-31B-6, 27-31B-8, 27-31B-9, 27-31B-12, 27-31B-16, 27-31B-19, 27-31B-20, 27-31B-22, and 27-31B-24, Code of Alabama 1975, are amended to read as follows: §27-31B-2. "As used in this chapter, the following terms shall have the following meanings, unless the context clearly indicates otherwise: "(1) AFFILIATED COMPANY. Any company in the same corporate system as a parent, an industrial insured, or a member organization by virtue of common ownership, control, operation, or management. "(2) ALIEN CAPTIVE INSURANCE COMPANY. Any insurance company formed to write insurance business for its parents and affiliates and licensed pursuant to the laws of an alien jurisdiction which imposes statutory or regulatory standards in a form acceptable to the commissioner on companies transacting the business of insurance in that jurisdiction. "(3) ASSOCIATION. Any legal association of...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB270.htm - 59K - Match Info - Similar pages
HB78
164053-1:n:11/03/2015:JET/tj LRS2015-2820 HB78 By Representative Pringle RFD State Government Rd 1 02-FEB-16 SYNOPSIS: This bill would establish the Alabama Cooperative Housing Corporation Act of 2016, to regulate cooperatives, a form of ownership of real property in which legal title is vested in a corporation or other entity, and the cooperative unit's occupants receive an exclusive right to occupy the unit. This bill would require any cooperative housing corporation formed after January 1, 2017, to organize under the Alabama Nonprofit Corporation Act, and be subject to all the duties, requirements, obligations, rights, and privileges under the act, and would require the filing of certain cooperative documents with the Secretary of State. This bill would require the Secretary of State to implement and maintain an electronic database, organized by cooperative name and accessible by the public through the Secretary of State's website, with the capability to search and retrieve...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB78.htm - 20K - Match Info - Similar pages
SB47
SB47 By Senator Bussman ENROLLED, An Act, Relating to the Alabama Sunset Law; to continue the existence and functioning of the State Board of Auctioneers until October 1, 2020, with certain modifications; and to amend Section 34-4-50, Code of Alabama 1975, so as to require diversity in the membership of the board. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA: Section 1. Pursuant to the Alabama Sunset Law, the Sunset Committee recommends the continuance of the State Board of Auctioneers until October 1, 2020, with the additional recommendation for statutory change as set out in Section 3. Section 2. The existence and functioning of the State Board of Auctioneers, created and functioning pursuant to Sections 34-4-1 to 34-4-54, inclusive, Code of Alabama 1975, is continued until October 1, 2020, and those code sections are expressly preserved. Section 3. Section 34-4-50 of the Code of Alabama 1975, is amended to read as follows: "§34-4-50. "(a) The Governor shall appoint a State Board of...
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SB389
176409-1:n:04/04/2016:PMG/mfc LRS2016-1365 SB389 By Senator Sanders RFD Judiciary Rd 1 05-APR-16 SYNOPSIS: This bill would prohibit the Alabama State Law Enforcement Agency from suspending the driver's license of an individual for failure to pay a fine, penalty, fee, or court cost for convictions of or for failure to appear on charges arising from certain traffic violations. A BILL TO BE ENTITLED AN ACT Relating to suspension of driver's licenses; to amend Section 32-5A-195, Code of Alabama 1975, to prohibit the Alabama State Law Enforcement Agency from suspending the driver's license of an individual for failure to pay a fine, penalty, fee, or court cost for convictions of or for failure to appear on charges arising from certain traffic violations. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:Section 1. Section 32-5A-195, Code of Alabama 1975, is amended to read as follows: §32-5A-195. "(a) The Director of Public Safety Secretary of the Alabama State Law Enforcement Agency is hereby...
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SB32
SB32 By Senator Bussman ENROLLED, An Act, Relating to the Alabama Sunset Law; to continue the existence and functioning of the Alabama State Board of Public Accountancy until October 1, 2020, with certain modifications; and to amend Section 34-1-3, Code of Alabama 1975, so as to require diversity in the membership of the board. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA: Section 1. Pursuant to the Alabama Sunset Law, the Sunset Committee recommends the continuance of the Alabama State Board of Public Accountancy until October 1, 2020, with the additional recommendation for statutory change as set out in Section 3. Section 2. The existence and functioning of the Alabama State Board of Public Accountancy, created and functioning pursuant to Sections 34-1-1 to 34-1-22, inclusive, and Section 40-12-71, Code of Alabama 1975, is continued until October 1, 2020, and those code sections are expressly preserved. Section 3. Section 34-1-3 of the Code of Alabama 1975, is amended to read as...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/SB32.htm - 9K - Match Info - Similar pages
SB132
SB132 By Senators Singleton and Sanford ENROLLED, An Act, Relating to alcoholic beverages; to amend Section 28-3A-6 of the Code of Alabama 1975; to allow a licensed distillery to sell at retail up to 750 milliliters of its product per day to a customer for off-premises consumption; to require the distillery to keep records of sales for off-premises consumption; and to specify that liquor sold for off-premises consumption must be sealed, labeled, packaged, and taxed in accordance with current regulations. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:Section 1. Section 28-3A-6 of the Code of Alabama 1975, is amended to read as follows: §28-3A-6. "(a) Upon applicant's compliance with the provisions of this chapter and the regulations made thereunder, the board shall issue to applicant a manufacturer license which shall authorize the licensee to manufacture or otherwise distill, produce, ferment, brew, bottle, rectify, or compound alcoholic beverages within this state or for sale or...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/SB132.htm - 7K - Match Info - Similar pages
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