16-44A-7
Section 16-44A-7 Representation of the board of directors members; meetings of board. (a) Board members shall be chosen to represent each of the following segments or areas: (1) Executive and Legislative Branches of state government, in the fields of education, finance, taxation, and ways and means, local government, or economic development. (2) K-12 education, in some of the following fields: teaching, administration or supervision, curriculum, or governance. (3) Higher education. (4) Community leadership education. (5) Youth leadership and citizenship education. (6) Economic development. (7) Local government. (8) Community, civic, philanthropic, and other non-profit organizations. (9) Historical, patriotic, veterans, and cultural organizations. (10) The law, which may include the Judicial Branch. (11) Business. (12) Professional, labor, and trade. (13) Any other areas of interest which are deemed to complement and augment the work of the compact. (b) The board shall meet annually...
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10A-2A-8.04
Section 10A-2A-8.04 Election of directors by certain classes or series of stock. If the certificate of incorporation or action by the board of directors pursuant to Section 10A-2A-6.02 authorizes dividing the stock into classes or series, the certificate of incorporation may also authorize the election of all or a specified number of directors by the holders of one or more authorized classes or series of stock. A class or series (or multiple classes or series) of stock entitled to elect one or more directors is a separate voting group for purposes of the election of directors. (Act 2019-94, §1.)...
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16-22-15.1
Section 16-22-15.1 Employment of relatives. (a) As used in this section, the following terms have the following meanings: (1) BOARD, BOARD OF EDUCATION, or EXECUTIVE OFFICER. These terms shall have the same meaning as provided in Section 16-22-15. (2) RELATIVE. The spouse, a dependant, an adult child or his or her spouse, a parent, a spouse's parent, or a sibling or his or her spouse, of another person. (b) Except as otherwise provided in this section, an executive officer may not recommend a relative for employment to his or her board. (c) If a board publishes a vacancy announcement pursuant to Section 16-22-15 and a relative of the executive officer submits an application or otherwise seeks the advertised position, the executive officer shall take no further direct or indirect action regarding the posted vacancy. The executive officer shall submit the application to the chair of the board of education who shall select an impartial person to conduct any interview and make a...
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25-5-252
Section 25-5-252 Board of directors; eligibility; length of term; vacancies; reimbursement; registered agent. The affairs of the association shall be managed by a board of directors which shall consist of nine persons appointed by the Secretary of the Department of Labor. To be eligible for appointment, a person must be an owner, employee, or agent of a member self-insurer, and should be experienced in the field. In the initial appointments, four directors shall be appointed for a two year term and five shall be appointed for a four-year term. Subsequent terms shall be for a period of four years. Vacancies on the board shall be filled for the unexpired portion of the term in the same manner. Directors shall be entitled to no compensation for their services as such, but shall be entitled to reimbursement from the association of expenses incurred in carrying out their duties. The board of directors shall designate a registered office and appoint a registered agent and shall continuously...
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41-10-140
Section 41-10-140 Board of directors; appointment, terms, vacancies, reappointment, expenses, removal, etc. Each authority shall be governed by a board of directors consisting of three directors, all of whom shall be persons of good moral character, duly qualified electors of the state and residents of the area of operation of the authority. All powers of an authority shall be exercised by the board or pursuant to its authorization. If the area of operation of an authority shall be wholly within the corporate limits of any municipality, the directors of that authority shall be appointed by the governing body of that municipality. If the area of operation of an authority shall be wholly within a single county, the directors of that authority shall be appointed by the governing body of that county. If the area of operation of an authority shall be larger than any single county, the directors of that authority shall be appointed by the Governor. Whenever the appointment of directors of...
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16-44A-14
Section 16-44A-14 Powers of board of directors. In furtherance of the purposes of the compact, the board of directors may do the following: (1) Accept donations of funds or land, bequests, grants, appropriations, loans, membership fees, or other forms of financial assistance for educational and other purposes in furtherance of this article, from any federal entity, from the state, its agencies and subdivisions, or any local public entity which are hereby authorized to grant any of the foregoing forms of assistance, or from any private person, or other agency, and to comply with rules and regulations concerning grants by the federal government or other grantors, which are not in contravention of the constitution and laws of this state or the United States. (2) Enjoy and exercise any powers and duties, not inconsistent with this chapter, which are authorized to non-profit organizations under Title 10. (3) Engage the services, by employment or otherwise, of a full-time or part-time...
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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...
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27-41-5
Section 27-41-5 Authorization of investments by board of directors, etc. An insurer shall not make any investment or loan exceeding 10 percent of the admitted assets of the insurer, other than loans on policies or annuity contracts, unless authorized, approved, or ratified by the board of directors of the insurer or by the committee or person as the board of directors shall expressly authorize. The action of the board of directors, the committee, or other persons so authorized shall be recorded and regular reports thereof shall be submitted to the board of directors. This requisite shall not apply to funeral supplies authorized for mutual aid associations under Section 27-41-38 which are purchased in the regular course of business under the general supervision of the association's board of directors. (Acts 1977, No. 408, p. 530, §5; Act 2012-370, p. 921, §1.)...
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33-1-8
Section 33-1-8 Board of directors. (a)(1) The port authority shall be governed by a board of directors, consisting of eight appointed members and one ex officio member. a. The Governor shall appoint eight members subject to confirmation by the Senate as follows: b. Two members from the southern region of this state consisting of the following counties: Baldwin, Choctaw, Clarke, Conecuh, Dallas, Escambia, Hale, Marengo, Mobile, Monroe, Perry, Washington, and Wilcox. c. Two members from the central region of this state consisting of the following counties: Autauga, Barbour, Bullock, Butler, Chambers, Chilton, Coffee, Coosa, Covington, Crenshaw, Dale, Elmore, Geneva, Henry, Houston, Lee, Lowndes, Macon, Montgomery, Pike, Russell, Randolph, Tallapoosa, and Tuscaloosa. d. Two members from the northern region of this state consisting of the following counties: Winston, Clay, Cullman, Cleburne, Colbert, Pickens, Shelby, St. Clair, Sumter, Talladega, Etowah, Walker, Morgan, Marion, Marshall,...
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41-14A-6
Section 41-14A-6 Establishment of SAFE board of directors; powers and duties of the board of directors. (a) There is hereby established a Board of Directors of the SAFE Program charged with responsibility and authority to assess and manage the sufficiency of the collateral pool and the SAFE Program to provide adequate protection from losses to public depositors. In exercising its powers and performing its responsibilities, the board of directors shall constitute a body politic under the laws of the state performing the public function of assuring the safety of public deposits. (b) The State Treasurer shall be a permanent, standing, voting member of the board of directors and shall serve as its chair. The Superintendent of Banks shall be a permanent, standing, non-voting member of the board of directors. The remaining six members shall each possess knowledge, skill, and experience in one or more of the following areas: (1) Financial analysis. (2) Trend analysis. (3) Accounting. (4)...
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