|
19-3A-102
chapter, the following terms are defined as follows: (1) ACCOUNTING PERIOD. A calendar year
unless another 12-month period is selected by a fiduciary. The term includes a portion of
a calendar year or other 12-month period that begins when an income interest begins or ends
when an income interest ends. (2) BENEFICIARY. Includes, in the case of a decedent's estate,
an heir, legatee, and devisee and, in the case of a trust, an income beneficiary and a remainder
beneficiary. (3) FIDUCIARY. A personal representative or a trustee. The term includes
an executor, administrator, successor personal representative, special administrator,
and a person performing substantially the same function. (4) INCOME. Money or property that
a fiduciary receives as current return from a principal asset. The term also includes a portion
of receipts from a sale, exchange, or liquidation of a principal asset, to the extent provided
in Article 4. (5) INCOME BENEFICIARY. A person to whom net income of a trust is...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/19-3A-102.htm - 4K - Match Info - Similar pages
38-13-2
Place of abode, domicile, or dwelling with intention to remain permanently and continuously
or for an indefinite or uncertain length of time. (30) SEX CRIME. Includes any sex offense
listed in Section 15-20A-5. (31) SUITABILITY CRITERIA. a. Convictions for any of the following
crimes shall make an individual unsuitable for employment, volunteer work, approval, or licensure:
1. A violent offense as defined in Section 12-25-32. 2. A sex crime. 3. A crime that involves
the physical or mental injury or maltreatment of a child, the elderly, or an individual
with disabilities. 4. A crime committed against a child. 5. A crime involving the sale or
distribution of a controlled substance. 6. A crime or offense committed in another state or
under federal law which would constitute any of the above crimes in this state. b. Conviction
for any crime listed in the Adoption and Safe Families Act, 42 U.S.C. ยง 671(a)(20) shall
disqualify a person from being approved or continuing to be approved...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/38-13-2.htm - 11K - Match Info - Similar pages
27-31B-3
(2) No association captive insurance company may insure any risks other than those of the member
organizations of its association, and their affiliated companies. (3) No industrial insured
captive insurance company may insure any risks other than those of the industrial insureds
that comprise the industrial insured group, and their affiliated companies. (4) No risk retention
group may insure any risks other than those of its members and owners. (5) No captive insurance
company may provide personal motor vehicle coverage or any component thereof. Homeowner's
insurance coverage may be written by an Alabama Coastal Captive Insurance Company as defined
in Chapter 31C, but only in the gulf front, beach, and seacoast areas as designated by the
Insurance Services Office, Inc. (6) No captive insurance company may accept or cede reinsurance
except as provided in Section 27-31B-13. (7) Any captive insurance company may provide excess
workers' compensation insurance to its parent and affiliated...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-31B-3.htm - 11K - Match Info - Similar pages
16-17A-2
university in the state or a university that operates a school of medicine. (2) AUTHORITY.
A public corporation organized pursuant to the provisions of this chapter. (3) BOARD. The
board of directors of an authority. (4) DIRECTOR. A member of the board of an authority. (5)
GOVERNMENTAL ENTITY. The state, a county, a municipality, or any department, agency, board,
or commission of the state, a county, or a municipality. (6) HEALTH CARE FACILITY. All property
or rights in property, real or personal, tangible or intangible, useful to an authority
in its operations, including without limitation, the following: a. Facilities necessary or
desirable to the operation of an academic medical center, one or more health sciences schools,
hospitals, public health care clinics, treatment centers, emergency facilities, outpatient
facilities, laboratories, service or support facilities, and any other facilities related
to the operation of any of the foregoing. b. Biomedical or public health...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-17A-2.htm - 4K - Match Info - Similar pages
27-44-5
territories, or protectorates that do not have an association similar to the association created
by this chapter, shall be deemed residents of the state of domicile of the insurer that issued
the policies or contracts. (19) STATE. A state, the District of Columbia, Puerto Rico, and
a United States possession, territory, or protectorate. (20) STRUCTURED SETTLEMENT ANNUITY.
An annuity purchased in order to fund periodic payments for a plaintiff or other claimant
in payment for or with respect to personal injury suffered by the plaintiff
or other claimant. (21) SUPPLEMENTAL CONTRACT. A written agreement entered into for the distribution
of proceeds under a life, disability, or annuity policy or contract. (22) UNALLOCATED ANNUITY
CONTRACT. An annuity contract or group annuity certificate which is not issued to and owned
by an individual, except to the extent of any annuity benefits guaranteed to an individual
by an insurer under the contract or certificate. (Acts 1982, No. 82-561, p. 922,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-44-5.htm - 7K - Match Info - Similar pages
10A-8A-10.01
Section 10A-8A-10.01 Limited liability partnerships; statements; cancellations. (a) A partnership
may be formed as, or may become, a limited liability partnership pursuant to this section.
(b) In order to form a limited liability partnership, the original partnership agreement of
the partnership shall state that the partnership is formed as a limited liability partnership,
and the partnership shall deliver to the Secretary of State for filing a statement of limited
liability partnership in accordance with subsection (d) of this section. (c) In order for
an existing partnership to become a limited liability partnership, the terms and conditions
on which the partnership becomes a limited liability partnership must be approved by the affirmative
approval necessary to amend the partnership agreement and, in the case of a partnership agreement
that expressly considers obligations to contribute to the partnership, also the affirmative
approval necessary to amend those provisions, and after...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-8A-10.01.htm - 7K - Match Info - Similar pages
34-1-3
Section 34-1-3 State Board of Public Accountancy. (a) There is created a board of public accountancy
in and for the State of Alabama, to be known as the Alabama State Board of Public Accountancy.
The board shall consist of seven members appointed by the Governor and confirmed by the Senate.
Members of the board shall be citizens of the United States and residents of the state. The
membership of the board shall be inclusive and reflect the racial, gender, geographic, urban/rural,
and economic diversity of the state. Commencing October 1, 2019, six members of the Alabama
State Board of Public Accountancy shall be certified public accountants in good standing with
the board and one member of the board shall be a public member who is not under the jurisdiction
of the board, but shall at the time of his or her appointment be an active and reputable member
of the Alabama business community who possesses a knowledge and understanding of financial
transactions and financial statements. The...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/34-1-3.htm - 7K - Match Info - Similar pages
40-7-55
Section 40-7-55 Short form tax return; itemized listings. (a) Prior to October 1, 2014, the
Department of Revenue shall design a non-itemized business personal property tax return
short form "short form tax return" which, at the taxpayer's option, may be utilized
for reporting total taxable tangible business personal property assets with original
acquisition costs equal to or less than ten thousand dollars ($10,000) under the provisions
of this article and any rules promulgated by the department related thereto. Any taxpaying
entity utilizing the short form return agrees to a business personal property tax liability
for that applicable tax year that is based upon taxable tangible business personal
property assets valued at ten thousand dollars ($10,000), and that the submission of such
short form return by the taxpayer is a declaration to the county assessing official or other
applicable agency that the property is to be valued at ten thousand dollars ($10,000) for
all taxable tangible...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/40-7-55.htm - 4K - Match Info - Similar pages
6-5-347
behalf of an agritourism professional. (4) INHERENT RISKS OF AGRITOURISM ACTIVITIES. Those
conditions, dangers, or hazards that are an integral part of an agritourism activity, including
any of the following: a. Surface and subsurface conditions and natural conditions of land,
vegetation, and waters. b. The behavior of wild animals or insects. c. The behavior of domestic
animals or insects as to: 1. The propensity of a domestic animal or insect to behave in ways
that may result in sickness, injury, harm, or death to persons on or around them. 2.
The unpredictability of the reaction of a domestic animal or insect to sounds, sudden movement,
and unfamiliar objects, persons, or other animals. d. The ordinary dangers of structures or
equipment ordinarily used on a working agricultural operation, excluding a dangerous condition
on structures or equipment ordinarily used on a working agricultural operation that is actually
known by an agritourism professional, not open and obvious, not made...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/6-5-347.htm - 6K - Match Info - Similar pages
7-1-201
in size than the surrounding text, or in contrasting type, font, or color to the surrounding
text of the same or lesser size; and (B) Language in the body of a record or display in larger
type than the surrounding text, or in contrasting type, font, or color to the surrounding
text of the same size, or set off from surrounding text of the same size by symbols or other
marks that call attention to the language. (11) "Consumer" means an individual who
enters into a transaction primarily for personal, family, or household purposes. (12)
"Contract," as distinguished from "agreement," means the total legal obligation
that results from the parties' agreement as determined by this title as supplemented by any
other applicable laws. (13) "Creditor" includes a general creditor, a secured creditor,
a lien creditor, and any representative of creditors, including an assignee for the benefit
of creditors, a trustee in bankruptcy, a receiver in equity, and an executor or administrator
of an...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/7-1-201.htm - 11K - Match Info - Similar pages
|