27-31-18
Section 27-31-18 Subscribers; exchange of insurance contracts; liability of representatives.
Individuals, partnerships, and corporations of this state may make application, enter into
agreement for, and hold, policies or contracts in, or with, and be a subscriber of any domestic,
foreign, or alien reciprocal insurer. Any corporation now or hereafter organized under the
laws of this state shall, in addition to the rights, powers, and franchises specified in its
articles of incorporation, have full power and authority as a subscriber to exchange insurance
contracts through such reciprocal insurer. The right to exchange such contracts is hereby
declared to be incidental to the purposes for which such corporations are organized and to
be as fully granted as the rights and powers expressly conferred upon such corporations. Government
or governmental agencies, state or political subdivisions thereof, boards, associations, estates,
trustees, or fiduciaries are authorized to exchange...
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10A-20-4.03
Section 10A-20-4.03 Perpetual existence of conventions or association. All conventions or associations,
heretofore incorporated under general or special laws or hereafter organized under general
laws, shall have perpetual existence, and may hereafter do and perform any and all acts pertaining
to the spread and propagation of the gospel, the furtherance of education, and the doing of
all acts of charity and benevolence that any unincorporated convention of natural persons
shall be permitted lawfully to do under the laws of the state now in force or that may hereafter
be enacted. (Acts 1923, No. 56, p. 32; Code 1923, §7126; Code 1940, T. 10, §138; §10-4-62;
amended and renumbered by Act 2009-513, p. 967, §330.)...
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11-50-120
Section 11-50-120 Definitions. When used in this division, the following words and phrases
shall have the following meanings, respectively, unless the context clearly indicates otherwise:
(1) MUNICIPALITY. A municipal corporation organized under the laws of this state. (2) SEWER
SYSTEM. Any or all of the following: sanitary sewer mains, sanitary sewer laterals and branches,
sanitary sewer service lines, sanitary outfall lines, a sewage disposal plant or plants, a
sewage treatment plant or plants, and appurtenances to any thereof. (Acts 1953, No. 847, p.
1138, §1.)...
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5-8A-34
Section 5-8A-34 Loans from and sale of assets to Federal Deposit Insurance Corporation for
bank. With respect to any bank which is now or may hereafter be closed as provided under the
laws of this state, the receiver of such bank may borrow from the Federal Deposit Insurance
Corporation and furnish any part or all of the assets of said bank to said corporation as
security for a loan from same; provided, that where said corporation is acting as such receiver,
the order of the receivership court shall be first obtained approving such loan. The receiver,
upon the order of the receivership court which may be ex parte, may sell to said corporation
any part or all of the assets of such bank. The provisions of this section shall not be construed
to limit the power of the receivers to pledge or sell assets in accordance with any existing
law. (Acts 1980, No. 80-658, §5-8-34.)...
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11-50-370
Section 11-50-370 Definitions. When used in this article, the following words and phrases shall
have the following meanings, respectively, unless the context clearly indicates otherwise:
(1) PUBLIC CORPORATION. Any of the following: A municipality incorporated under the laws of
this state; a board organized under Sections 11-50-230 through 11-50-238, 11-50-240 and 11-50-241,
inclusive, as amended; a board organized under Sections 11-50-310 through 11-50-324, as amended;
and a board organized under Sections 11-50-340 through 11-50-358, as amended. (2) PUBLIC WATER
CORPORATION. Any public corporation which owns and operates a water distribution system or
which has the corporate power and proposes to own and operate a water distribution system.
(3) SANITARY SEWER SYSTEM. Any or all of the following: Sanitary sewer mains, sanitary sewer
laterals, a sewage disposal plant or plants, and a sewage treatment plant or plants and appurtenances
related to any thereof. (4) PUBLIC SEWER CORPORATION....
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40-11-3
Section 40-11-3 Taxation of federal property where immunity waived, etc. The property of the
United States, its agencies, instrumentalities, or corporations organized under the laws of
Congress, including any buildings which have or may hereafter be erected on the land of another
and for which reason may be considered by the laws of the state to be personal property for
taxation purposes, the immunity from taxation of which said property has been or may hereafter
be waived by the laws of Congress and which said property has been or may hereafter be made
subject to state, county, municipal, or local taxation by the laws of Congress, shall be assessed
for taxation by the state, county, municipality, or local taxing unit and the taxes collected
thereon to the same extent according to its value as other like or similar property is assessed
for taxation by the state, county, municipality, or local taxing unit. (Acts 1945, No. 485,
p. 722.)...
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40-21-21
Section 40-21-21 Franchises and intangible property subject to taxation. There shall be subject
to taxation in this state the franchises or intangible property and assets of each and every
corporation, whether organized under the laws of this state or of any other state or government,
and of each and every individual, association, or partnership, or company engaged as a common
carrier, wholly or partly in this state, in the business of transporting freight of any description
or passengers, or both, over any railroad, including street railroads, or of operating any
cars of any kind over any railroads for the transportation of passengers or of property of
any kind for others or for the public, including sleeping cars, parlor or palace cars, chair
cars, equipment cars of any kind, or engaged in the business of maintaining or operating for
gain any telegraph or telephone lines, plant or business, or any plant or business for the
production, transportation, piping, distribution, or sale of...
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40-9-25.8
Section 40-9-25.8 Birmingham Civil Rights Institute. The Birmingham Civil Rights Institute,
Inc., a nonprofit corporation organized under the laws of the State of Alabama, the directors
of which are appointed by the City Council of the City of Birmingham, which is sponsored by
the City of Birmingham to present exhibits, educational programming, and maintain archives
for educational and historical research respecting civil rights and human rights in Alabama,
the United States, and the world, is exempted from all state, county, and municipal income,
license, and sales and use taxes. (Acts 1996, No. 96-745, p. 1306 §1.)...
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5-5A-12
Section 5-5A-12 Membership in federal deposit insurance corporation, etc. All banks now or
hereafter operating under the laws of this state shall be members of the Federal Deposit Insurance
Corporation or such other agency as may be created to insure the deposits of such bank. (Acts
1980, No. 80-658, §5-5-12.)...
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5-8A-31
Section 5-8A-31 Subrogation of Federal Deposit Insurance Corporation. Whenever any bank shall
have been closed as provided under the laws of this state, and the Federal Deposit Insurance
Corporation shall pay or make available for payment the insured deposit liabilities of such
closed institution, the corporation, whether or not it shall have become receiver or liquidator
of such closed bank, shall be subrogated to all rights against such closed bank of the owners
of such deposits in the same manner and to the same extent as subrogation of the corporation
is now or may be hereafter provided for by federal law in the case of the closing of a national
bank; provided, that the rights of depositors and other creditors of such closed bank shall
be determined in accordance with the applicable provisions of the laws of this state. (Acts
1980, No. 80-658, §5-8-31.)...
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