|
35-8A-410
Section 35-8A-410 Escrow of deposits. (a) As used in this section, except as otherwise provided,
the following terms shall have the following meanings: (1) HARD COSTS. Any and all costs associated
with the actual building and construction of the condominium project, including, but not limited
to, site preparation, building materials, shell features, interior enclosures, fit-out costs,
mechanical and electrical systems, and fixtures. The term hard costs does not include financing
costs, compensation paid to architects, engineers, consultants, sales persons, or attorneys
or for advertising or other marketing costs. (2) QUALIFIED PURCHASER. a. An individual, a
group of individuals, or an entity owned directly or indirectly solely by individuals where
each individual shall have an income of more than two hundred thousand dollars ($200,000)
for the calendar year immediately preceding the date of the purchaser's signing of the purchase
contract, or a joint income with his or her spouse of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/35-8A-410.htm - 8K - Match Info - Similar pages
45-49A-64.07
Section 45-49A-64.07 Powers of authority. The authority shall have the following powers, together
with all powers incidental thereto or necessary to the discharge thereof in corporate form:
(1) To have succession by its corporate name for the duration of time (which may be perpetual,
subject to Section 45-49A-64.19) specified in its certificate of incorporation. (2) To sue
and be sued in its own name in civil suits and actions and to defend suits against it. (3)
To adopt and make use of a corporate seal and to alter the same at pleasure. (4) To adopt
and alter bylaws for the regulation and conduct of its affairs and business. (5) To acquire,
receive, and take, by purchase, gift, lease, devise, or otherwise, and to hold property of
every description, real, personal, or mixed, whether located in one or more counties or municipalities
and whether located within or outside the authorizing municipality. (6) To make, enter into,
and execute such contracts, agreements, leases, and other...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-49A-64.07.htm - 8K - Match Info - Similar pages
11-49B-7
Section 11-49B-7 Powers of authority. The authority shall exercise, subject to this chapter,
the following powers and duties necessary to the discharge of its powers and duties in corporate
form: (1) To have succession by its corporate name for the duration of time, which may be
perpetual, subject to the provisions of Section 11-49B-19 specified in its certificate of
incorporation. (2) To sue and be sued in its own name in civil suits and actions and to defend
suits against it. (3) To adopt and make use of a corporate seal and to alter the seal at pleasure.
(4) To adopt and alter bylaws for the regulation and conduct of its affairs and business.
(5) To acquire, receive, and take, by purchase, gift, lease, devise, or otherwise, and to
hold property of every description, real, personal, or mixed, whether located in one or more
counties or municipalities and whether located within or outside the authorizing county. (6)
To make, enter into, and execute contracts, agreements, leases, and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-49B-7.htm - 10K - Match Info - Similar pages
7-9A-102
Section 7-9A-102 Definitions and index of definitions. (a) Article 9A definitions. In this
article: (1) "Accession" means goods that are physically united with other goods
in such a manner that the identity of the original goods is not lost. (2) "Account,"
except as used in "account for," means a right to payment of a monetary obligation,
whether or not earned by performance, (i) for property that has been or is to be sold, leased,
licensed, assigned, or otherwise disposed of, (ii) for services rendered or to be rendered,
(iii) for a policy of insurance issued or to be issued, (iv) for a secondary obligation incurred
or to be incurred, (v) for energy provided or to be provided, (vi) for the use or hire of
a vessel under a charter or other contract, (vii) arising out of the use of a credit or charge
card or information contained on or for use with the card, or (viii) as winnings in a lottery
or other game of chance operated or sponsored by a State, governmental unit of a State, or...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/7-9A-102.htm - 29K - Match Info - Similar pages
10A-1-3.45
Section 10A-1-3.45 Notice for uncertificated ownership interest. (a) Except as otherwise provided
in subsection (c) and in accordance with Article 8 of Title 7, after issuing or transferring
an uncertificated ownership interest, a domestic entity shall notify the owner of the ownership
interest in writing of any information required under this division to be stated on a certificate
representing the ownership interest. (b) Except as otherwise expressly provided by law, the
rights and obligations of the owner of an uncertificated ownership interest are the same as
the rights and obligations of the owner of a certificated ownership interest of the same class
and series. (c) A domestic entity is not required to send a notice under subsection (a) if:
(1) the required information is included in the governing documents of the entity; and (2)
the owner of the uncertificated ownership interest is provided with a copy of the governing
documents. (Act 2009-513, p. 967, §22.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-1-3.45.htm - 1K - Match Info - Similar pages
10A-1-3.43
Section 10A-1-3.43 Signature requirement. (a) The managerial official or officials of a domestic
entity authorized by the governing documents of the entity to sign certificated ownership
interests of the entity must sign any certificate representing an ownership interest in the
entity. (b) A certificated ownership interest that contains the manual or facsimile signature
of a person who is no longer a managerial official of a domestic entity when the certificate
is issued may be issued by the entity in the same manner and with the same effect as if the
person had remained a managerial official. (Act 2009-513, p. 967, §22.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-1-3.43.htm - 949 bytes - Match Info - Similar pages
32-20-32
Section 32-20-32 Involuntary transfer of interest. (a) If the interest of an owner in a manufactured
home passes to another other than by voluntary transfer, the transferee, except as hereinafter
provided in subsection (b), shall promptly mail or deliver to a designated agent the last
certificate of title, if available, and proof of the transfer, together with his or her application
for a new certificate in the form the department prescribes. If the interest of an owner in
a manufactured home passes to another other than by voluntary transfer, and the manufactured
home is permanently affixed to the real property and the owner of the manufactured home and
the real property are the same then the transferee, except as hereinafter provided in subsection
(b), shall promptly mail or deliver to a designated agent the last certificate of title, if
available, and proof of the transfer, together with his or her application for a certificate
of cancellation in the form the department prescribes....
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/32-20-32.htm - 2K - Match Info - Similar pages
32-8-44
Section 32-8-44 Transfer of ownership - Generally. (a) If an owner transfers his interest in
a vehicle, other than by the creation of a security interest, he shall, at the time of the
delivery of the vehicle, execute an assignment and warranty of title to the transferee in
the space provided therefor on the certificate or as the department prescribes, and cause
the certificate and assignment to be mailed or delivered to the transferee or to the department.
(b) Except as provided in this section, the transferee shall, promptly after delivery to him
of the vehicle, execute the application for a new certificate of title in the space provided
therefor on the certificate or as the department prescribes, and cause the certificate and
application to be mailed or delivered to a designated agent. (c) Upon request of the owner
or transferee, a lienholder in possession of the certificate of title shall, unless the transfer
was a breach of his security agreement, deliver the certificate to the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/32-8-44.htm - 1K - Match Info - Similar pages
32-20-42
Section 32-20-42 Requirements upon creation of security interest. If an owner creates a security
interest in a manufactured home: (1) The owner shall immediately execute the application in
the space provided therefor on the certificate of title, or on a separate form the department
prescribes to name the lienholder on the certificate showing the name and address of the lienholder
and the date of his or her security agreement, and cause the certificate, application, and
the required fee to be delivered to the lienholder. (2) The lienholder shall immediately cause
the certificate, application, and required fee to be mailed or delivered to the department.
(3) Upon request of the owner or subordinate lienholder, a lienholder in possession of the
certificate of title shall either mail or deliver the certificate to the subordinate lienholder
for delivery to the department, or, upon receipt from the subordinate lienholder of the owner's
application and the required fee, mail or deliver them...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/32-20-42.htm - 1K - Match Info - Similar pages
32-8-46
Section 32-8-46 Transfer of ownership - By operation of law. (a)(1) If the interest of an owner
in a vehicle passes to another other than by voluntary transfer, the transferee shall, except
as hereinafter provided in subsection (b), promptly mail or deliver to a designated agent
the last certificate of title, if available, and proof of the transfer, together with his
or her application for a new certificate in the form the department prescribes. (2) Except
as provided in subdivision (3), a person or entity initiating an involuntary transfer by operation
of law in this state shall give notice of the action to the department at least 35 calendar
days prior to the date of the transfer. The notice shall be in a manner as prescribed by the
department and shall include all of the following: a. The contact information for the person
or entity filing the notice. b. The motor vehicle's identification number, year, make, and
model. c. The date, time, and location of the involuntary transfer by...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/32-8-46.htm - 3K - Match Info - Similar pages
|