Code of Alabama

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25-4-10
Section 25-4-10 Employment. (a) Subject to other provisions of this chapter, "employment"
means: (1) Any service performed prior to January 1, 1978, which was employment as defined
in this section prior to such date and, subject to the other provisions of this section, services
performed for remuneration after December 31, 1977, including service in interstate commerce,
by: a. Any officer of a corporation; or b. Any individual who, under the usual common law
rules applicable in determining the employer-employee relationship, has the status of an employee;
or c. Any individual other than an individual who is an employee under paragraphs a. or b.
of this subdivision (1) who performs services for remuneration for any person: 1. As an agent-driver
or commission-driver engaged in distributing meat products, bakery products, beverages (other
than milk) or laundry or dry cleaning services for a principal; 2. As a traveling or city
salesman engaged upon a full-time basis in the solicitation on...
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11-104-4
Section 11-104-4 Trustees. (a) A governmental entity or entities may retain as a trustee any
financial institution, committee, association, person, or persons which it deems capable,
competent, experienced, and appropriate for serving in such capacity. (b) The powers and duties
of the trustee shall be evidenced in and determined by the written trust agreement between
the trustee and the governmental entity or entities. (c) The trustee shall cause the annual
financial statements of the trust to be prepared in accordance with generally accepted accounting
principles and an audit by a qualified independent certified accounting firm to be conducted
of those financial statements of each respective trust for each fiscal year in accordance
with generally accepted auditing standards. (d) Reasonable trustee fees and the reasonable
expenses of holding, making, and disposing of investments, such as brokerage commissions,
legal expenses referable to a particular transaction, transfer taxes, and...
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22-6-151
Section 22-6-151 Regional care organizations; governing board of directors; citizen's advisory
committee; solvency and financial requirements; reporting; provider standards committee. (a)
A regional care organization shall serve only Medicaid beneficiaries in providing medical
care and services. (b) Notwithstanding any other provision of law, a regional care organization
shall not be deemed an insurance company under state law. (c)(1) A regional care organization
and an organization with probationary regional care organization certification shall have
a governing board of directors composed of the following members: a. Twelve members shall
be persons representing risk-bearing participants in the regional care organization or organization
with probationary certification. A participant bears risk by contributing cash, capital, or
other assets to the regional care organization. A participant also bears risk by contracting
with the regional care organization to treat Medicaid beneficiaries...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-6-151.htm - 9K - Match Info - Similar pages

10A-1-3.33
Section 10A-1-3.33 Right of inspection and access by governing persons. (a) An entity described
in subsection (e) shall provide governing persons and their agents and attorneys access to
its books and records, including the books and records required to be maintained under the
chapter of this title applicable to the entity and other books and records of the entity for
any purpose reasonably related to the governing person's service as a governing person. The
right of access shall include the right to inspect and copy books and records during ordinary
business hours. An entity may impose a reasonable charge covering the costs of labor and material
for copies of documents furnished. (b) An entity described in subsection (e) shall furnish
to a governing person both of the following: (1) Without demand, any information concerning
the entity's business and affairs reasonably required for the proper exercise of the governing
person's rights and duties under the entity's governing documents...
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10A-5A-4.11
Section 10A-5A-4.11 Reliance on reports and information. A member of a limited liability company
shall be fully protected in relying in good faith upon the records of the limited liability
company and upon information, opinions, reports, or statements presented by another member
or agent of the limited liability company, or by any other person as to matters the member
reasonably believes are within that other person's professional or expert competence, including
information, opinions, reports, or statements as to the value and amount of the assets, liabilities,
profits, or losses of the limited liability company or a series thereof, or the value and
amount of assets or reserves or contracts, agreements, or other undertakings that would be
sufficient to pay claims and obligations of the limited liability company, or series thereof,
or to make reasonable provision to pay those claims and obligations, or any other facts pertinent
to the existence and amount of assets from which...
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10A-8A-4.12
Section 10A-8A-4.12 Reliance on reports and information. A partner of a partnership shall be
fully protected in relying in good faith upon the records of the partnership and upon information,
opinions, reports, or statements presented by another partner or agent of the partnership,
or by any other person as to matters the partner reasonably believes are within that other
person's professional or expert competence, including information, opinions, reports, or statements
as to the value and amount of the assets, liabilities, profits, or losses of the partnership,
or the value and amount of assets or reserves or contracts, agreements, or other undertakings
that would be sufficient to pay claims and obligations of the partnership, or to make reasonable
provision to pay those claims and obligations, or any other facts pertinent to the existence
and amount of assets from which distributions to partners or creditors might properly be paid.
(Act 2018-125, ยง7.)...
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10A-9A-4.09
Section 10A-9A-4.09 Reliance on reports and information. A general partner of a limited partnership
shall be fully protected in relying in good faith upon the records of the limited partnership
and upon information, opinions, reports, or statements presented by another general partner
or agent of the limited partnership, or by any other person as to matters the general partner
reasonably believes are within that other person's professional or expert competence, including
information, opinions, reports, or statements as to the value and amount of the assets, liabilities,
profits, or losses of the limited partnership, or the value and amount of assets or reserves
or contracts, agreements, or other undertakings that would be sufficient to pay claims and
obligations of the limited partnership, or to make reasonable provision to pay those claims
and obligations, or any other facts pertinent to the existence and amount of assets from which
distributions to partners or creditors might...
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10A-2-16.20
Section 10A-2-16.20 Financial statements for shareholders. REPEALED IN THE 2019 REGULAR SESSION
BY ACT 2019-94 EFFECTIVE JANUARY 1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. (a)
A corporation shall furnish its annual financial statements to each shareholder who requests
a statement, which may be consolidated or combined statements of the corporation and one or
more of its subsidiaries, as appropriate, that include a balance sheet as of the end of the
fiscal year, an income statement for that year, and a statement of changes in shareholders'
equity for the year unless that information appears elsewhere in the financial statements.
If financial statements are prepared for the corporation on the basis of generally accepted
accounting principles, the annual financial statements must also be prepared on that basis.
If the financial statements for the corporation are not prepared on the basis of generally
accepted accounting principles, the annual financial statements furnished...
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11-54B-57
Section 11-54B-57 Annual reports and audits. (a) Within 90 days after the close of each fiscal
year, the district management corporation shall make an annual report of its activities for
the preceding fiscal year to the governing body of the municipality. (1) Each annual report
shall include, at a minimum: a. A financial statement for the preceding year, including a
balance sheet, statement of income and loss, and such other information as is reasonably necessary
to reflect the district management corporation's actual performance, certified by the treasurer
of the corporation. b. The budget for the current fiscal year. c. In the case of a district
funded by assessments against businesses of a particular class, a list of the businesses of
the designated class that are currently operating within the district. (2) A copy of each
annual report shall be sent to the mayor, the city council, and to all property owners, or
in the case of districts funded by assessments against businesses of a...
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17-5-11
Section 17-5-11 Duties of Secretary of State and judge of probate. The Secretary of State and
the judge of probate shall have the following duties: (1) To accept and file all reports and
statements, including amendments, required by the provisions of this chapter to be filed with
them and to accept any information voluntarily supplied that exceeds the requirements of this
chapter. (2) To make each statement and report filed by any principal campaign committee or
political action committee or elected official available for public inspection and copying
during regular office hours, any such copying to be at the expense of the person requesting
copies; except that any information copied from such reports or statements may not be sold
or used by any political party, principal campaign committee, or political action committee
for the purposes of soliciting contributions or for commercial purposes, without the express
written permission of the candidate or the committee reporting such...
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