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5-26-3
Section 5-26-3 Definitions. For purposes of this chapter, the following definitions shall apply:
(1) DEPOSITORY INSTITUTION. The term "depository institution" has the same meaning
as in Section 3 of the Federal Deposit Insurance Act, and includes any credit union. (2) FEDERAL
BANKING AGENCIES. The term "federal banking agencies" means the Board of Governors
of the Federal Reserve System, the Comptroller of the Currency, the Director of the Office
of Thrift Supervision, the National Credit Union Administration, and the Federal Deposit Insurance
Corporation. (3) IMMEDIATE FAMILY MEMBER. The term "immediate family member" means
a spouse, child, sibling, parent, grandparent, or grandchild. This includes stepparents, stepchildren,
stepsiblings, and adoptive relationships. (4) INDIVIDUAL. The term "individual"
means a natural person. (5) LOAN PROCESSOR OR UNDERWRITER. (a) In General. The term "loan
processor or underwriter" means an individual who performs clerical or support duties
as an...
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10A-2A-7.29
Section 10A-2A-7.29 Inspectors of election. (a) The corporation shall, in advance of any meeting
of stockholders, appoint one or more inspectors to act at the meeting and make a written report
thereof. The corporation may designate one or more persons as alternate inspectors to replace
any inspector who fails to act. If no inspector or alternate is able to act at a meeting of
stockholders, the person presiding at the meeting shall appoint one or more inspectors to
act at the meeting. Each inspector, before entering upon the discharge of the duties of inspector,
shall take and sign an oath faithfully to execute the duties of inspector with strict impartiality
and according to the best of the inspector's ability. (b) The inspectors shall: (1) Ascertain
the number of shares of stock outstanding and the voting power of each; (2) Determine the
shares of stock represented at a meeting and the validity of proxies and ballots; (3) Count
all votes and ballots; (4) Determine and retain for a...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-2A-7.29.htm - 4K - Match Info - Similar pages
11-101A-6
Section 11-101A-6 Board of directors. (a) Each corporation shall be governed by a board of
directors composed of the number of directors provided in the certificate of incorporation
as most recently amended. Unless provided to the contrary in its certificate of incorporation,
all powers of the authority shall be exercised by the board or pursuant to this authorization.
Subject to the provisions of subdivision (8) of subsection (b) of Section 11-101A-4, the board
shall consist of directors having those qualifications, being elected or appointed by that
person or persons, including, without limitation, the board itself, one or more authorizing
subdivisions, or other counties and municipalities, and other entities or organizations and
in the manner, and serving for the terms of office, all as shall be specified in the certificate
of incorporation of the authority. Notwithstanding the foregoing, no fewer than a majority
of the directors shall be elected by the governing body or bodies of...
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11-15-6
Section 11-15-6 Directors and officers; records of proceedings. The corporation shall have
a board of directors which shall be composed of the number of directors provided in the certificate
of incorporation. All powers of the corporation shall be exercised by the board or pursuant
to its authority. The directors shall be residents of the county and shall be elected by the
governing body for staggered terms of office as follows: The first term of one third of the
directors shall be two years, of another one third shall be for four years and of the remaining
one third shall be six years and, thereafter, the term of office of each director shall be
six years. If any director resigns or dies or becomes incapable of acting as a director or
ceases to reside in the county, the governing body may elect a successor to serve for the
unexpired period of his term. Directors shall be eligible for reelection by the governing
body to succeed themselves in office. No director shall be an officer of...
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22-21-175
Section 22-21-175 Board of directors. (a) The corporation shall have a board of directors in
which all powers of the corporation shall be vested. The board of directors shall consist
of (1) Two persons elected by the county commission of the county; (2) Two persons elected
by the governing body of the largest of the member municipalities, according to the federal
decennial census next preceding the date of the filing of the certificate of incorporation
of the corporation for record; (3) One person elected by the governing body of each of the
other member municipalities; (4) Two persons, each of whom shall be, at the time of his appointment,
a physician licensed to practice the profession of medicine in the county, resident in the
county and engaged in the full-time private practice of medicine, elected at a mass meeting
of the licensed physicians resident in the county; (5) Two persons elected or appointed by
a majority vote of all the active circuit judges of the judicial circuit in...
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9-6-6
Section 9-6-6 Board of directors. Each public corporation formed under this chapter 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 initial board shall consist of three directors
appointed by the Governor from among the persons who filed the application to incorporate.
The Governor shall appoint the directors as soon as may be practicable after he is notified,
as required in Section 9-6-5, that the public corporation has been formed. The terms of the
directors shall be staggered, the first term of one director being for three years from and
after the date of his appointment, the first term of another director being for six years
from and after the date of his appointment and the first term of the remaining director being
for nine years from and after the date of his appointment; thereafter the term of office of
each director shall be for nine years. Vacancies on the board shall be filled by...
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16-1-18.1
Section 16-1-18.1 Accumulation of sick leave. (a) Definitions. When used in this section, the
following terms shall have the following meanings, respectively: (1) EMPLOYEE. Any person
employed full time as provided by law by those employers enumerated in this section; and adult
bus drivers. (2) EMPLOYER. All public city and county boards of education; the Board of Trustees
of the Alabama Institute for Deaf and Blind; the Alabama Youth Services Department District
Board in its capacity as the Board of Education for the Youth Services Department District;
the Board of Directors of the Alabama School of Fine Arts; the Board of Trustees of the Alabama
High School of Mathematics and Science; for purposes of subsection (c) only, the Alabama State
Senate, the Lieutenant Governor, the Office of the Senate President Pro Tempore, the Speaker
of the House of Representatives, the Alabama House of Representatives, the Legislative Reference
Service; any organization participating in the Teachers'...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-1-18.1.htm - 10K - Match Info - Similar pages
28-3-40
Section 28-3-40 Composition; qualifications, appointment, term of office and bond of members;
conflicts of interest of members, employees, etc., of board; suspension or removal of members;
office; meetings; quorum. The Alcoholic Beverage Control Board shall consist of three persons,
appointed by the Governor with the advice and consent of the Senate, one of whom shall be
designated by the Governor to be the chair of the board. The membership of the board shall
be inclusive and reflect the racial, gender, geographic, urban/rural, and economic diversity
of the state. Each member of the board at the time of his or her appointment and qualification
shall be a resident of the State of Alabama and shall have resided in the state for a period
of at least 10 years next preceding his or her appointment and qualification, and he or she
shall also be a qualified voter therein. The term of office of each member appointed shall
be six years from the time of his or her appointment and qualification...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/28-3-40.htm - 3K - Match Info - Similar pages
45-39A-11.02
Section 45-39A-11.02 Civic Center Authority - Creation; composition. (a) There is hereby established
a public corporation for the purposes hereinafter specified, which corporation shall be vested
with the powers conferred upon it by this part. The public corporation is at times hereinafter
referred to as the authority. (b) Subject to the conditions and qualifications hereinafter
stated, the name of the corporation shall be Civic Center Authority of the City of Florence.
The board of directors of the authority may choose some name other than that above specified
at any time it elects to do so; provided, however, that if the board of directors chooses
any other name there shall be filed for record in the office of the judge of probate of the
county a copy of the resolution of the board of directors stating the name adopted by the
authority, which resolution shall be followed by a certificate, signed by the chair of the
board of directors, stating the date on which the resolution was...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-39A-11.02.htm - 2K - Match Info - Similar pages
22-21-358
Section 22-21-358 Powers of authorities. In addition to all other powers at any time conferred
on it by law, and subject to any express provisions of its certificate of incorporation or
certificate of reincorporation to the contrary, an authority shall (to the extent at the time
not prohibited by the Constitution of Alabama) have the following powers, together with all
powers incidental thereto or necessary to the discharge thereof in corporate form: (1) To
participate as a shareholder in a corporation, as a joint venturer in a joint venture, as
a general or limited partner in a limited partnership or a general partnership, as a member
in a nonprofit corporation or as a member of any other lawful form of business organization,
which provides health care or engages in activities related thereto; (2) To make or arrange
for loans, contributions to capital and other debt and equity financing for the activities
of any corporation of which such authority is a shareholder, any joint venture...
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