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16-44A-18
Section 16-44A-18 Organization of compact as voluntary public-private partnership constituted
as not-for-profit public corporation; affirmative action required in initial membership invitations;
filing of papers for incorporation of compact. (a) The compact shall be organized as a voluntary
public-private partnership and shall be constituted as a not-for-profit public corporation.
The members of the Joint Legislative Committee on Southern Leadership Goals created under
Act No. 94-55, SJR 12, 1994 Regular Session, shall effectuate the filing of papers for the
incorporation of the compact as provided in subsection (b). Upon the filing of the documents
with the Secretary of State, and until the election of the officers and board of directors
at the annual membership meeting on September 17, 1994, as provided in subsection (b) of Section
16-44A-3 of the compact, the members of the committee shall then be officially constituted
as an interim board of directors and specifically shall extend...
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19-3B-802
Section 19-3B-802 Duty of loyalty. (a) A trustee shall administer the trust solely in the interests
of the beneficiaries. (b) Subject to the rights of persons dealing with or assisting the trustee
as provided in Section 19-3B-1012, a sale, encumbrance, or other transaction involving the
investment or management of trust property entered into by the trustee for the trustee's own
personal account or which is otherwise affected by a conflict between the trustee's fiduciary
and personal interests is voidable by a beneficiary affected by the transaction unless: (1)
the transaction was authorized by the terms of the trust; (2) the transaction was approved
by the court; (3) the beneficiary did not commence a judicial proceeding within the time allowed
by Section 19-3B-1005; (4) the beneficiary consented to the trustee's conduct, ratified the
transaction, or released the trustee in compliance with Section 19-3B-1009; or (5) the transaction
involves a contract entered into or claim acquired by...
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28-3-4
Section 28-3-4 Provisions for maintenance of separation of financial and business interests
between classes of businesses regulated by chapter. (a) No manufacturer and no officer or
director of any manufacturer shall at the same time be a distributor, wholesaler or retail
dispenser or an officer, director or stockholder or creditor of any distributor, wholesaler
or retail dispenser, nor, except as provided in this section, be the owner, proprietor or
lessor of any place covered directly or indirectly by any distributor's or wholesaler's malt
or brewed beverage liquor license. (b) No distributor or wholesaler and no officer or director
of any distributor or wholesaler shall at the same time be a manufacturer or retailer or be
an officer, director, stockholder or creditor of a manufacturer or retailer or be the owner,
proprietor or lessor of any place covered by any other malt or brewed beverage or liquor license.
(c) No licensee licensed under this chapter shall directly or indirectly...
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10A-2A-13.02
Section 10A-2A-13.02 Right to appraisal. (a) A stockholder is entitled to appraisal rights,
and to obtain payment of the fair value of that stockholder's stock, in the event of any of
the following corporate actions: (1) consummation of a merger to which the corporation is
a party (i) if the corporation is a subsidiary and the merger is governed by Section 10A-2A-11.05
or (ii) if stockholder approval is required for the merger by Section 10A-2A-11.04, or would
be required but for the provisions of Section 10A-2A-11.04(j), except that appraisal rights
shall not be available to any stockholder of the corporation with respect to stock of any
class or series that remain outstanding after consummation of the merger; (2) consummation
of a stock exchange to which the corporation is a party the stock of which will be acquired,
except that appraisal rights shall not be available to any stockholder of the corporation
with respect to any class or series of stock of the corporation that is not...
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16-65-4
Section 16-65-4 Creation of authority; members, organization, etc. There is hereby created
a public body corporate and politic to be known as Alabama Higher Education Equipment Loan
Authority. The authority shall not be a state institution nor a department or agency of the
state, but shall be an instrumentality of purely public charity performing an essential governmental
function, being a distinct corporate entity. The Governor shall be the president of the authority,
the State Treasurer shall be the vice president thereof, and the Director of Finance shall
be the secretary thereof. The State Treasurer shall be treasurer thereof, shall act as custodian
of its funds, and shall pay the principal of and interest on the bonds of the authority out
of the funds hereinafter provided for. The members of the authority shall constitute all the
members of the board of directors of the authority, and any two members of the board of directors
shall constitute a quorum for the transaction of...
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29-1-26
Section 29-1-26 Legislative double dipping prohibited. (a) This section shall be known and
may be cited as the Legislative Double Dipping Prohibition Act. (b) Any other provision of
law to the contrary notwithstanding, and except as provided in subsection (c), a member of
the Legislature, during his or her term of office, may not be an employee of any other branch
of state government, any department, agency, board, or commission of the state, or any public
educational institution including, but not limited to, a local board of education, a two-year
institution of higher education, or a four-year institution of higher education. For purposes
of this section, employee means any of the following: (1) An employee as defined in Section
36-27-1, or a teacher as defined in Section 16-25-1. An employee as defined in this subsection
shall not include any person receiving pension benefits from the Retirement Systems of Alabama.
(2) A person who is personally providing services under a personal...
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35-8A-316
Section 35-8A-316 Lien for assessments. (a) The association has a lien on a unit for any assessment
and any other moneys due the association for special assessments or services or charges, such
as water or repairs, levied against that unit or fines imposed against its unit owner from
the time the assessment or fine becomes due. The association's lien may be foreclosed in like
manner as a mortgage on real estate provided the declaration is in conformity with Article
1A of Chapter 10 of this title and subject to the rights under Article 14A of Chapter 5 of
Title 6. The association shall send reasonable advance notice of its proposed action to the
unit owner and all lienholders of record of the unit. Unless the declaration otherwise provides,
fees, charges, late charges, fines, and interest charged pursuant to Section 35-8A-302(a)(10),
(11), and (12) are enforceable as assessments under this section. If an assessment is payable
in installments, the full amount of the assessment is a lien...
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36-27-23
Section 36-27-23 Board of Control; medical board, actuary. (a) The general administration and
responsibility for the proper operation of the retirement system and for making effective
the provisions of this article are hereby vested in a board of trustees which shall be known
as the Board of Control. (b) The board shall consist of 13 trustees as follows: (1) The Governor,
ex officio, who shall be chairman. (2) The State Treasurer, ex officio. (3) The State Personnel
Director, ex officio. (4) The Director of Finance, ex officio. (5) Three members of the retirement
system, to be appointed by the Governor, no two of whom shall be from the same department
of the state government nor from any department of which an ex officio trustee is the head.
The state employees appointed pursuant to this section shall be Merit System employees with
at least ten years of creditable state service and shall not be a department head or an assistant
department head. The terms of office of the three members...
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40-14A-1
Section 40-14A-1 Definitions. For purposes of this chapter, the following terms shall mean:
(a) ALABAMA S CORPORATION. An S corporation defined under Section 40-18-160. (b) C CORPORATION.
A corporation other than an Alabama S corporation. (c) CODE. The Internal Revenue Code of
1986, as amended from time to time. (d) CORPORATION. An entity, including a limited liability
company electing to be taxed as a corporation for federal income tax purposes, through which
business can be conducted while offering limited liability to the owners of the entity with
respect to some or all of the obligations of the entity, other than a limited liability entity
or a disregarded entity. The term "corporation" shall include but not be limited
to the following: Corporations, professional corporations, joint stock companies, unincorporated
professional associations, real estate investment trusts, limited liability companies electing
to be taxed as corporations for federal income tax purposes, and all...
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44-2-10
Section 44-2-10 Text of compact. The Interstate Compact for Juveniles is enacted into law and
entered into with all jurisdictions mutually adopting the compact in the form substantially
as follows: THE INTERSTATE COMPACT FOR JUVENILES Article I. Purpose. The compacting states
to this interstate compact recognize that each state is responsible for the proper supervision
or return of juveniles, delinquents and status offenders who are on probation or parole and
who have absconded, escaped or run away from supervision and control and in so doing have
endangered their own safety and the safety of others. The compacting states also recognize
that each state is responsible for the safe return of juveniles who have run away from home
and in doing so have left their state of residence. The compacting states also recognize that
Congress, by enacting the Crime Control Act, 4 U.S.C. Section 112 (1965), has authorized and
encouraged compacts for cooperative efforts and mutual assistance in the...
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