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10A-9A-8.09
Section 10A-9A-8.09 Disposition of assets, when contributions required. Notwithstanding Section
10A-1-9.12, upon the winding up of a limited partnership, the assets of the limited partnership,
including any obligation under Article 5 of this chapter, and any contribution required by
this section, shall be applied as follows: (a) Payment, or adequate provision for payment,
shall be made to creditors, including, to the extent permitted by law, partners who are creditors,
in satisfaction of liabilities of the limited partnership. (b) After a limited partnership
complies with subsection (a), any surplus must be distributed: (1) first, to each person owning
a transferable interest that reflects contributions made on account of the transferable interest
and not previously returned, an amount equal to the value of the person's unreturned contributions;
and (2) then to each person owning a transferable interest in the proportions in which the
owners of transferable interests share in...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-9A-8.09.htm - 3K - Match Info - Similar pages
32-7-7
Section 32-7-7 Further exceptions to requirement of security. The requirements as to security
and suspension in Section 32-7-6 shall not apply to any of the following persons: (1) The
operator or the owner of a motor vehicle involved in an accident wherein no injury
or damage was caused to the person or property of anyone other than the operator or owner.
(2) The operator or the owner of a motor vehicle legally parked at the time of the accident.
(3) The owner of a motor vehicle if at the time of the accident the vehicle was being operated
without the permission of the owner, express or implied, or was parked by a person who had
been operating the motor vehicle without the permission. (4) If, prior to the date that the
director would otherwise suspend license and registration or nonresident's operating privilege
under Section 32-7-6, there shall be filed with the director evidence satisfactory to him
or her that the person who would otherwise have to file security has been released...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/32-7-7.htm - 1K - Match Info - Similar pages
10A-9A-3.04
Section 10A-9A-3.04 Right of limited partner and former limited partner to information. Notwithstanding
the provisions of Sections 10A-1-3.32 and 10A-1-3.33: (a) Subject to subsection (g), on 10
days' demand, made in a writing received by the limited partnership, a limited partner may
inspect and copy required information during regular business hours and at a reasonable location
specified by the limited partnership. The limited partner need not have any particular purpose
for seeking the information. (b) Subject to subsection (g), during regular business hours
and at a reasonable location specified by the limited partnership, a limited partner may obtain
from the limited partnership and inspect and copy true and full information regarding the
state of the activities and affairs and financial condition of the limited partnership and
other information regarding the activities and affairs of the limited partnership as is just
and reasonable if: (1) the limited partner seeks the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-9A-3.04.htm - 5K - Match Info - Similar pages
27-42-12
Section 27-42-12 Exhaustion of rights; nonduplication of recovery. (a) Any person having a
claim under an insurance policy, whether or not it is a policy issued by a member insurer,
where the claim under the other policy arises from the same facts, injury, or loss
that gave rise to the covered claim against the association, shall be required first to exhaust
all coverage provided by any such policy. Any amount payable on a covered claim under this
chapter shall be reduced by the full applicable limits stated in the other insurance policy
and the association shall receive a full credit for the stated limits, or, where there are
no applicable stated limits, the claim shall be reduced by the total recovery. Notwithstanding
the foregoing, no person shall be required to exhaust any right under the policy of an insolvent
insurer. (1) A claim under a policy providing liability coverage to a person who may be jointly
and severally liable with, or a joint tortfeasor with, the person covered...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-42-12.htm - 2K - Match Info - Similar pages
11-30-1
for damages suffered as a result of a claim as defined under this chapter. b. Damage to or
loss of property owned or leased by a member county. (2) MEMBER COUNTY. A county which elects
to pool its resources and funds with one or more other counties for the purpose of forming
a liability self-insurance fund. (3) CLAIM. Any claim or suit filed against a member county
for money damages which any person or other entity is legally entitled to recover for damages
suffered as a result of bodily injury, death or property damage caused by a negligent
or wrongful act or omission committed by any employee, officer, or servant of the member county
while acting within the line and scope of his or her employment under circumstances where
the member county would be liable to the claimant for such damages under the laws of the State
of Alabama or any claim filed by a member county for damage to or loss of county property
covered by the liability self-insurance fund. (Acts 1986, No. 86-499, p. 954,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-30-1.htm - 1K - Match Info - Similar pages
10A-9A-6.05
Section 10A-9A-6.05 Effect of dissociation as general partner. (a) Upon a person's dissociation
as a general partner: (1) the person's right to participate as a general partner in the management
and conduct of the partnership's activities and affairs terminates; (2) the person's duty
to refrain from competing with the limited partnership in the conduct or winding up of the
limited partnership's activities and affairs terminates; (3) the person's following duties
continue only with regard to matters arising and events occurring before the person's dissociation
as a general partner: (A) the duty to account to the limited partnership and hold as trustee
for it any property, profit, or benefit derived by the general partner in the conduct and
winding up of the limited partnership's activities and affairs or derived from a use by the
general partner of limited partnership property, including the appropriation of a limited
partnership opportunity; (B) the duty to refrain from dealing with...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-9A-6.05.htm - 2K - Match Info - Similar pages
7-3-605
Section 7-3-605 Discharge of indorsers and accommodation parties. (a) In this section, the
term "indorser" includes a drawer having the obligation described in Section 7-3-414(d).
(b) Discharge, under Section 7-3-604, of the obligation of a party to pay an instrument does
not discharge the obligation of an indorser or accommodation party having a right of recourse
against the discharged party. (c) If a person entitled to enforce an instrument agrees, with
or without consideration, to an extension of the due date of the obligation of a party to
pay the instrument, the extension discharges an indorser or accommodation party having a right
of recourse against the party whose obligation is extended to the extent the indorser or accommodation
party proves that the extension caused loss to the indorser or accommodation party with respect
to the right of recourse. (d) If a person entitled to enforce an instrument agrees, with or
without consideration, to a material modification of the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/7-3-605.htm - 4K - Match Info - Similar pages
37-2-21
- When issued; contents; receipt for cotton in bales; common-law liability not affected. (a)
Every transportation company receiving property for transportation, originating and terminating
in this state, shall issue to the shipper a receipt or bill of lading therefor in which shall
be stated the class or classes of freight shipped and the rate to the point of destination
and aggregate charge made for the transportation and shall be liable to the lawful holder
thereof for any loss, damage or injury to such property negligently caused by it or
by any transportation company to which said property may be delivered, or over whose lines
such property may pass; and no contract, stipulation, receipt, rule or regulation contained
in said receipt or bill of lading, or otherwise, shall exempt such transportation company
from the liability hereby imposed; but nothing in this subsection shall deprive any holder
of such receipt or bill of lading of any remedy or right of action which he has under...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/37-2-21.htm - 2K - Match Info - Similar pages
21-7-4
Section 21-7-4 Right of a person with a disability to be accompanied by service animal; liability
for damages; violations. (a) An individual with a disability has the right to be accompanied
by a service animal in all areas of a public accommodation, including a public or private
school, that the public or customers are normally permitted to occupy. (b) A service animal
shall be under the control of its handler and shall have a harness, collar, leash, or other
tether, unless either the handler is unable because his or her disability prevents him or
her from the use of a harness, collar, leash, or other tether, or the use of a harness, collar,
leash, or other tether would interfere with the safe, effective performance of work or tasks
by the service animal, in which case the service animal shall be otherwise under the control
of the handler by means of voice control, signals, or other effective means. (c)(1) The trainer
of a service animal, while engaged in the training of the animal,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/21-7-4.htm - 5K - Match Info - Similar pages
8-9A-1
against or an interest in property to secure payment of a debt or performance of an obligation,
and includes a security interest created by agreement, a judicial lien obtained by legal or
equitable process or proceedings, a common law lien, or a statutory lien. (10) PERSON. An
individual, partnership, corporation, association, organization, government, or governmental
subdivision or agency, business trust, estate, trust, or any other legal or commercial entity.
(11) PROPERTY. Both real and personal property, whether tangible or intangible, and
any interest in property whether legal or equitable and includes anything that may be the
subject of ownership. (12) RELATIVE. An individual related by consanguinity within the third
degree as determined by the common law, a spouse, or an individual related to a spouse within
the third degree as so determined, and includes an individual in an adoptive relationship
within the third degree. (13) TRANSFER. Every mode, direct or indirect, absolute...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/8-9A-1.htm - 5K - Match Info - Similar pages
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