|
37-14-31
Section 37-14-31 Definitions. As used in this article the following terms shall have the following
meanings, respectively, unless the context clearly indicates otherwise; (1) ELECTRIC SUPPLIER.
Any municipality, municipally-owned utility or other governmental entity, any cooperative,
corporation, person, firm, association or other entity engaged in the business of supplying
electric service at retail; provided, however, that no person or entity, including the Tennessee
Valley Authority, who may not be lawfully regulated by the state by virtue of powers granted
by the laws of the United States which prevail over Alabama statutes, nor any university,
college or United States agency which distributes electricity at retail shall be deemed an
electric supplier for the purpose of this article. (2) ELECTRIC SERVICE AT RETAIL and RETAIL
ELECTRIC SERVICE. Electric service furnished to a customer for ultimate consumption, but does
not include wholesale electric service furnished by an electric...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/37-14-31.htm - 5K - Match Info - Similar pages
11-54B-11
Section 11-54B-11 District management corporation limits, powers, and duties. (a) District
management corporations shall be incorporated under the Alabama Nonprofit Corporation Act
(Chapter 3A of Title 10) and shall exercise their powers in a manner consistent with such
act. (b) To qualify for designation by ordinance to manage a self-help business improvement
district, the articles of incorporation of a proposed district management corporation must
provide the following: (1) That the property, business, and affairs of the corporation shall
be managed by a board of directors. (2) The names and addresses of the initial members of
the board of directors. (3) That the initial members of the board shall be divided into three
groups which are as equal in number as is possible, that such groups will serve for initial
terms of one (1), two (2) and three (3) years respectively, and that all directors thereafter
elected by the board of directors shall serve for a term of three (3) years. (4)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-54B-11.htm - 6K - Match Info - Similar pages
11-86A-16
Section 11-86A-16 Application of proceeds from the sale of bonds; source of payment; pledge
of county's or municipality's credit; negotiability; exemption from taxation; pledge as security
for funds belonging to a public person; investment in bonds by fiduciaries; no public hearing
required; investment in bonds by Teachers' Retirement System of Alabama, the Employees' Retirement
System of Alabama, and the State Insurance Fund; investment in bonds by public persons. (a)
The proceeds from the sale of any bonds shall be applied as provided in the proceedings in
which the bonds are authorized to be issued, including, without limitation, the payment of
all legal, fiscal, and recording fees and expenses incurred in connection with the authorization,
sale, and issuance of the bonds and, if provided in the proceedings authorizing their issuance,
interest on the bonds (or if only a part of any issue of bonds is issued for acquisition purposes,
interest on that portion of the bonds of that issue...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-86A-16.htm - 3K - Match Info - Similar pages
27-41-34
Section 27-41-34 Particular investments - Real estate. (a)(1) An insurer may acquire, invest
in, own, maintain, alter, furnish, and improve the following real estate: a. Land and buildings
used for home office and branch office purposes, together with such other real estate as is
required for the convenient transaction of its business; and b. Funeral home buildings used
in the servicing of burial insurance policies. (2) An insurer may lease to others part of
the real property otherwise occupied by it for home office and other purposes under paragraphs
a. and b. of subdivision (1) of this subsection, except that the value of the parts so leased
must be included in subdivision (2) of subsection (b) of this section. (3) Except as provided
in subsection (e) of this section, an insurer may not carry, as an admitted asset, real estate
acquired under this subsection following 10 years from the date when such real estate ceases
to be necessary for the convenient accommodation of the insurer in...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-41-34.htm - 4K - Match Info - Similar pages
33-18-1
Section 33-18-1 Alabama-Coosa-Tallapoosa River Basin Compact. The State of Alabama hereby agrees
to the following interstate compact known as the Alabama-Coosa-Tallapoosa River Basin Compact:
Alabama-Coosa-Tallapoosa River Basin Compact The States of Alabama and Georgia and the United
States of America hereby agree to the following compact which shall become effective upon
enactment of concurrent legislation by each respective state legislature and the Congress
of the United States. Short Title This act shall be known and may be cited as the "Alabama-Coosa-Tallapoosa
River Basin Compact" and shall be referred to hereafter in this document as the "ACT
Compact" or "compact." Article I Compact Purposes This compact among the States
of Alabama and Georgia and the United States of America has been entered into for the purposes
of promoting interstate comity, removing causes of present and future controversies, equitably
apportioning the surface waters of the ACT, engaging in water planning,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/33-18-1.htm - 33K - Match Info - Similar pages
34-14-2
Section 34-14-2 Licenses or permits - Required; display; duplicates; corporations, partnerships,
etc. (a) No person shall engage in the sale of or practice of fitting hearing instruments
or display a sign or in any other way advertise or represent himself or herself as a person
who practices the fitting and sale of hearing instruments unless the person holds a license
or permit issued by the board as provided in this chapter. The license or permit shall be
conspicuously posted in his or her office or place of business. Duplicate licenses or permits
may be issued by the board to valid license holders operating more than one office, upon additional
payment determined by the board for each additional office. A license under this chapter shall
confer upon the holder the right to select, fit, and sell hearing instruments. (b) Nothing
in this chapter shall prohibit a corporation, partnership, trust, association, or other like
organization maintaining an established business address from...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/34-14-2.htm - 2K - Match Info - Similar pages
38-9B-5
Section 38-9B-5 AFT Corporation, Trust, and Charitable Trust. THIS SECTION WAS AMENDED BY ACT
2018-36 IN THE 2018 REGULAR SESSION, EFFECTIVE JANUARY 31, 2018. THIS IS NOT IN THE CURRENT
CODE SUPPLEMENT. (a) The board of trustees shall establish and administer the AFT Corporation.
The board of trustees shall execute all documents necessary to establish and administer the
AFT Corporation including, but not limited to, documents to form a not-for-profit corporation
and to qualify as an organization pursuant to Section 501(c)(3) of the United States Internal
Revenue Code. (b) The AFT Corporation shall establish the AFT Trust and the AFT Charitable
Trust, and the board of trustees shall administer the AFT Trust and the AFT Charitable Trust
through the AFT Corporation. The board of trustees and the AFT Corporation shall take all
steps necessary to satisfy all federal and state laws, and all regulations, rules, and policies
established by the federal Social Security Administration to ensure...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/38-9B-5.htm - 10K - Match Info - Similar pages
40-14A-33
Section 40-14A-33 (Repealed for taxable years beginning on or after January 1, 2002.) Definition
of initial taxable shares base. (a) Determine the sum of the following as of the first day
of the corporation's taxable year: (1) The outstanding capital stock and any additional paid-in
capital, but without reduction for treasury stock; and (2) Retained earnings, but not less
than zero, which shall include any amounts designated for the payment of dividends until the
amounts are definitely and irrevocably placed to the credit of stockholders subject to withdrawal
on demand. (b) From the amount determined under subsection (a), deduct: (1) The book value
of goods, wares, and merchandise held for sale; (2) The book value of the investment by the
taxpayer in the equity of other corporations doing business in Alabama. This subdivision shall
not apply if the taxpayer is a dealer in securities subject to 26 U.S.C. ยง1236. (3) Federal
obligations. a. For a taxpayer who does not hold federal...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/40-14A-33.htm - 4K - Match Info - Similar pages
11-97-6
Section 11-97-6 Board of directors of corporation; election; terms of office; vacancies; qualifications;
expenses; impeachment. (a) Each corporation shall be governed by a board of directors. All
powers of the corporation shall be exercised by the board or pursuant to its authorization.
The board shall consist of three directors who shall be elected by the governing body of the
determining subdivision for staggered terms as hereinafter provided. The governing body of
the determining subdivision shall specify for which term each director is elected. The initial
term of office of one director shall begin immediately upon his election and shall end at
12:01 o'clock, A.M., on January 1 of the first succeeding odd-numbered calendar year following
his election. The initial term of office of another director shall begin immediately upon
his election and shall end at 12:01 o'clock, A.M., on January 1 of the second succeeding odd-numbered
calendar year following his election. The initial term...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-97-6.htm - 4K - Match Info - Similar pages
16-25-2
Section 16-25-2 Name and date of establishment; powers, duties, etc., of Boards of Control;
immunity of officers, employees, etc. (a) There shall be a retirement system which shall constitute
a body corporate and shall be under the management of the Board of Control for the purpose
of providing retirement allowances and other benefits under the provisions of this chapter
for teachers of the State of Alabama. The retirement system shall be established as of October
1, 1940, or as soon thereafter as the Governor by proclamation declares the funds accruing
to the Teachers' Retirement System of Alabama are sufficient to meet the obligations of the
"normal contribution" on October 1, of a year following 1940. It shall have the
power and privileges of a corporation and shall be known as the "Teachers' Retirement
System of Alabama," and by such name all of its business shall be transacted, all of
its funds invested and all of its cash and securities and other property held in trust for
the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-25-2.htm - 2K - Match Info - Similar pages
|