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10A-3-7.17
Section 10A-3-7.17 Deposits with State Treasurer. Upon the voluntary or involuntary dissolution
of a nonprofit corporation, the portion of the assets distributable to any person who is unknown
or cannot be found, or who is under disability and there is no person legally competent to
receive the distributive portion, shall be reduced to cash and deposited with the State Treasurer
and shall be paid over to the person or to his or her legal representative upon satisfactory
proof to the State Treasurer of his or her right thereto. The cash shall be held for the owner
by the State Treasurer for three years and any cash which remains unclaimed by the owner after
three years shall be presumed abandoned and subject to the Uniform Disposition of Unclaimed
Property Act. (Acts 1984, No. 84-290, p. 502, §64; §10-3A-156; amended and renumbered by
Act 2009-513, p. 967, §192.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-3-7.17.htm - 1K - Match Info - Similar pages
10A-2-14.40
Section 10A-2-14.40 Deposit with State Treasurer. REPEALED IN THE 2019 REGULAR SESSION BY ACT
2019-94 EFFECTIVE JANUARY 1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. Assets of a
dissolved corporation that should be transferred to a creditor, claimant, or shareholder of
the corporation who cannot be found or who is not competent to receive them shall be reduced
to cash and deposited with the State Treasurer for safekeeping. When the creditor, claimant,
or shareholder furnishes satisfactory proof of entitlement to the amount deposited, the State
Treasurer shall pay him or her or his or her representative that amount. The assets shall
be held for the owner by the State Treasurer for three years and any assets which remain unclaimed
by the owner after three years shall be presumed abandoned and subject to the provisions of
the Uniform Disposition of Unclaimed Property Act. (Acts 1994, No. 94-245, p. 343, §1; §10-2B-14.40;
amended and renumbered by Act 2009-513, p. 967, §151.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-2-14.40.htm - 1K - Match Info - Similar pages
35-12-72
or its agent. c. Property not subject to paragraphs a. or b. within two years of the distribution
shall remain reportable under other sections of this article. (12) Property received by a
court as proceeds of a class action, and not distributed pursuant to the judgment, one year
after the distribution date. (13) Property held by a court, government, governmental subdivision,
agency, or instrumentality, one year after the property becomes distributable. (14) Wages
or other compensation for personal services, one year after the compensation becomes
payable. (15) Deposit or refund owed to a subscriber by a utility, one year after the deposit
or refund becomes payable. (16) Any check, warrant, debit card, or other payment instrument
drawn on or issued by the State of Alabama, outstanding and unpaid within the time frame allowed
under Section 41-4-60. (17) Gift certificate, other than those exempt under Section 35-12-73,
three years after June 30 of the year in which the certificate was...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/35-12-72.htm - 8K - Match Info - Similar pages
32-7-31
director. (b) The director shall not consent to the cancellation of any bond or the return
of any money or securities in the event any action for damages upon a liability covered by
such proof is then pending or any judgment upon any such liability is then unsatisfied or
in the event the person who has filed such bond or deposited such money or securities has
within one year immediately preceding such request been involved as an operator or owner in
any motor vehicle accident resulting in injury or damage to the person or property
of others. An affidavit of the applicant as to the nonexistence of such facts, or that he
or she has been released from all of his or her liability or has been finally adjudicated
not to be liable for such injury or damage shall be sufficient evidence thereof in
the absence of evidence to the contrary in the records of the director. (c) Whenever any person
whose proof has been cancelled or returned under subdivision (3) of subsection (a) of this
section...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/32-7-31.htm - 2K - Match Info - Similar pages
9-17-24
Section 9-17-24 Notification requirement; hearing; fees; Alabama Oil and Gas Board Special
Fund. (a) Any person desiring or proposing to drill any well in search of oil or gas or any
person proposing to drill a Class II injection well as defined in the Federal Safe Drinking
Water Act, 42 U.S.C. § 300f et seq., before commencing the drilling of any such well, shall
notify the State Oil and Gas Supervisor upon the form as the State Oil and Gas Supervisor
may prescribe and shall pay to the State Treasurer a fee of three hundred dollars ($300) for
each well. The drilling of any well is hereby prohibited until notice is given and the fee
has been paid as herein provided. The State Oil and Gas Supervisor shall have the power and
authority to prescribe that the form indicate the exact location of the well, the name and
address of the owner, operator, contractor, driller, and any other person responsible for
the conduct of drilling operations, the proposed depth of the well, the elevation of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/9-17-24.htm - 5K - Match Info - Similar pages
32-7A-2
Section 32-7A-2 Definitions. (a) For the purposes of this chapter, the following terms shall
have the following meanings respectively ascribed to them in this section, except in those
instances where the context clearly indicates a different meaning: (1) CERTIFICATE OF INSURANCE.
A document issued by an insurer or its authorized representative showing that a specific vehicle
is insured for no less than the minimum limits of liability coverage for bodily injury
or death and for destruction of property under subsection (c) of Section 32-7-6. (2) COMMERCIAL
AUTOMOBILE LIABILITY INSURANCE POLICY. An insurance policy that: a. Is written on either a
commercial coverage or other commercially rated personal policy form, including, but
not limited to, a commercial auto, garage, or truckers form, and is not dependent on the type,
number, or ownership of vehicle or entity covered or insured. b. Insures vehicles that are
not identified individually by vehicle identification number on the policy....
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/32-7A-2.htm - 6K - Match Info - Similar pages
27-44-3
Section 27-44-3 Scope of chapter. (a) This chapter shall provide coverage for the policies
and contracts specified in subsection (b) as follows: (1) To persons who, regardless of where
they reside (except for non-resident certificate holders under group policies or contracts),
are the beneficiaries, assignees, or payees of the persons covered under subdivision (2).
(2) To persons who are owners of or certificate holders under the policies or contracts, other
than structured settlement annuities, and in each case who are either of the following: a.
Residents b. Not residents, but only under all of the following conditions: 1. The insurer
that issued the policies or contracts is domiciled in this state. 2. The states in which the
persons reside have associations similar to the association created by this chapter. 3. The
persons are not eligible for coverage by an association in any other state due to the fact
the insurer was not licensed in the state at the time specified in the state's...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-44-3.htm - 12K - Match Info - Similar pages
41-9-249.1
Section 41-9-249.1 Contracts for recovery or salvage of archaeological treasure, etc. (a) Notwithstanding
any provision of law to the contrary, the Alabama Historical Commission may enter into contracts
with any group or person for the recovery or salvage of archaeological treasure, sunken or
abandoned ships and wrecks of the sea, or parts thereof or their contents, which are determined
to be located on state owned lands, or on private land if the written consent of the owner
thereof is first obtained. Such contracts shall be on forms approved by the commission and
may provide for fair compensation to the salvager, and owner of the private land where applicable,
in terms of a percentage of the reasonable cash value of the objects recovered or at the discretion
of the commission, of a fair share of the objects recovered. The amount constituting a fair
share shall be determined by the commission, taking into consideration the circumstances of
each operation, and the reasonable cash value...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-9-249.1.htm - 2K - Match Info - Similar pages
40-12-270
Section 40-12-270 Disbursement of net proceeds from license taxes and registration fees; Secondary
Road Committee created. (a) The moneys collected each month by the judge of probate from motor
vehicle license taxes and registration fees, after deducting therefrom the amounts referred
to in subdivisions (1) and (2) of subsection (a) of Section 40-12-269, the moneys remaining
after making the said deductions being referred to in this section as "the net proceeds,"
shall be disbursed by the judge of probate as follows: (1) That portion of the net proceeds
that consists of additional amounts paid under the schedule of additional amounts set forth
in subsection (b) of Section 40-12-248 shall be remitted by the judge of probate to the State
Treasurer who shall distribute said amounts as follows: a. 64.75 percent of said amounts shall
be distributed by the State Treasurer to the State of Alabama; b. 35.25 percent of said amounts
shall be apportioned and distributed by the State Treasurer...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/40-12-270.htm - 12K - Match Info - Similar pages
35-12-71
Section 35-12-71 Definitions. As used in this article, unless the context otherwise requires,
the following terms shall have the meanings respectively ascribed to them by this section:
(1) APPARENT OWNER. A person whose name appears on the records of a holder as the person entitled
to property held, issued, or owing by the holder. (2) BUSINESS ASSOCIATION. A corporation,
joint stock company, investment company, partnership, unincorporated association, joint venture,
limited liability company, business trust, trust company, safe deposit company, financial
organization, insurance company, mutual fund, utility, or other business entity consisting
of one or more persons, whether or not for profit. (3) DOMICILE. The state of incorporation
of a corporation and the state of the principal place of business of a holder other than a
corporation. (4) FINANCIAL ORGANIZATION. A savings and loan association, building and loan
association, industrial loan organization, credit union, cooperative bank,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/35-12-71.htm - 6K - Match Info - Similar pages
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