11-5-9
Section 11-5-9 When additional bond required; effect of failure to give bond. When the coroner is required to discharge the duties of sheriff, the judge of probate may in his discretion require him to give an additional bond. If the coroner fails within 10 days after such requisition to give such additional bond, his office shall be vacated, and the judge of probate must certify the vacancy to the governor. (Code 1852, §809; Code 1867, §944; Code 1876, §860; Code 1886, §931; Code 1896, §1081; Code 1907, §109; Code 1923, §164; Code 1940, T. 12, §62.)...
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11-2-21
Section 11-2-21 Requirement of additional bonds of county officials, etc. - Procedures. Whenever any county commission or county board of education, pursuant to this article, requires any additional bond from any county official, county employee, or employee of the board of education, the requirement shall be adopted by resolution of the county commission or board of education signed by the chair and personally served on the county official, county employee, or employee of the board of education required to give additional bond. The resolution shall state the amount of additional bond required when and where to give such bond. The official or employee shall give additional bond within 15 days after the date specified in the resolution, or vacates his or her office or employment if he or she fails to comply. (Acts 1933, Ex. Sess., No. 191, p. 203; Code 1940, T. 41, §84; Act 2009-744, p. 2229, §1.)...
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36-5-63
Section 36-5-63 Approval and filing of new bond upon execution thereof. On the execution of the additional bond provided for in this division, the same must be approved and filed with the application and requisition with the first official bond. (Code 1852, §148; Code 1867, §187; Code 1876, §201; Code 1886, §296; Code 1896, §3128; Code 1907, §1544; Code 1923, §2678; Code 1940, T. 41, §127.)...
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36-5-68
Section 36-5-68 Proceedings upon failure of officer or employee to execute new bond within prescribed time. If such requisition is personally served and the officer or employee named therein fails to give an additional bond within 15 days after the day specified in such requisition, he vacates his office, and the officer making such requisition must at once certify the same to the appointing power, who must fill the vacancy. (Code 1852, §147; Code 1867, §186; Code 1876, §200; Code 1886, §295; Code 1896, §3127; Code 1907, §1543; Code 1923, §2677; Code 1940, T. 41, §126.)...
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36-5-64
Section 36-5-64 When new bond of officer or employee becomes effective; effect of new bond. Every such additional bond approved and filed as provided in this division is binding on the obligors from the time of its approval and subjects them to the same liabilities, proceedings and remedies as are provided in relation to the first official bond of such officer or employee. (Code 1852, §151; Code 1867, §190; Code 1876, §203; Code 1886, §298; Code 1896, §3130; Code 1907, §1546; Code 1923, §2680; Code 1940, T. 41, §129.)...
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11-2-20
Section 11-2-20 Requirement of additional bonds of county officials, etc. - Authority. (a) Except where otherwise specifically provided by law for county taxing officials and judges of probate, the bond for each county official shall be one-half of one percent of the amount budgeted in the then current county budget for activities conducted by or under the direction of the individual county official, but the bond amount for any county official shall not exceed fifty thousand dollars ($50,000). The bond for any county employee required to post bond shall be set in an amount determined proper by the county commission. In the alternative, the county commission may execute a blanket bond covering the performance of duties of all county employees in an amount determined by the county commission to adequately protect all county funds and revenue. (b) When in the judgment of the county commission, the bond provided for in this chapter for a county official or county employee is insufficient...
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26-3-4
Section 26-3-4 Requirement by probate court of bond from testamentary conservator of minor; effect of failure to give bond. Before the issue of letters of conservatorship to a testamentary conservator relieved from giving bond and sureties or at any time thereafter, if the judge of probate deems it necessary for the safety of such minor child or children, he or she may require of such conservator bond with sufficient sureties, or, on the application of such minor child or children by next friend and for good cause shown, he or she may require of such conservator bond with sufficient sureties. In either case, if such conservator fails for 10 days after the requisition of such bond to give the same, the judge of probate must withhold from his or her letters of conservatorship or, if letters have issued, must remove him or her and recall and revoke such letters. (Code 1852, §2018; Code 1867, §2417; Code 1876, §2762; Code 1886, §2380; Code 1896, §2275; Code 1907, §4365; Code 1923,...
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8-15-7
Section 8-15-7 Permit - Bond and proof of insurance; prerequisite to issuance of permit; filing of additional bonds; actions on bond. (a) In the event the Commissioner of Agriculture and Industries decides that a permit to operate a public warehouse should be issued, he shall fix the amount of the bond, which shall be furnished by the applicant and approved by the commissioner prior to the issuance of the permit. In addition to the requirement of bond, the commissioner may require the applicant, as a prerequisite to the issuance of such bond, to furnish legal proof of warehouseman's legal liability insurance in effect on the commodities to be stored in any such public warehouse. (b) Such bond shall be made with some surety company that has complied with the laws of the State of Alabama and which has a reputation for promptly settling claims upon their merits and shall be payable to the State of Alabama in such sum as the Commissioner of Agriculture and Industries may fix, but in no...
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36-5-4
Section 36-5-4 Requirement of additional bonds of agents or employees of departments, commissions, bureaus, etc.; amounts, conditions, etc., thereof. The Governor, in his discretion, may and, with the approval of the Governor, the governing body or the director or head of any department, institution, commission, bureau or agency may, in their discretion, require a bond in such amount as they may deem necessary of any agent or employee in said department, institution, commission, bureau, board or agency. Said bond shall be payable to the State of Alabama conditioned as other official bonds. The premium on said bonds shall be payable out of the funds of said department, institution, commission, bureau, board or agency. A copy or duplicate of the bond of every agent or employee required to give bond shall be filed in the office of the department, institution, commission, bureau, board or agency requiring same. The original of all such bonds shall be filed and recorded in the office of the...
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10A-2-7.30
Section 10A-2-7.30 Voting trust. REPEALED IN THE 2019 REGULAR SESSION BY ACT 2019-94 EFFECTIVE JANUARY 1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. (a) One or more shareholders may create a voting trust, conferring on a trustee the right to vote or otherwise act for them, by signing an agreement setting out the provisions of the trust, which may include anything consistent with its purpose, and transferring their shares to the trustee. When a voting trust agreement is signed, the trustee shall prepare a list of the names and addresses of all owners of beneficial interests in the trust, together with the number and class of shares each transferred to the trust, and deliver copies of the list and agreement to the corporation's principal office. (b) A voting trust becomes effective on the date the first shares subject to the trust are registered in the trustee's name. A voting trust is valid for not more than 10 years after its effective date unless extended under subsection (c)....
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