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8-6-19
Section 8-6-19 Civil liabilities of sellers, agents, etc.; remedies of purchasers. (a) Any
person who: (1) Sells or offers to sell a security in violation of any provision of this article
or of any rule or order imposed under this article or of any condition imposed under this
article, or (2) Sells or offers to sell a security by means of any untrue statement of a material
fact or any omission to state a material fact necessary in order to make the statements made,
in the light of the circumstances under which they are made, not misleading, the buyer not
knowing of the untruth or omission, and who does not sustain the burden of proof that he did
not know and in the exercise of reasonable care could not have known of the untruth or omission,
is liable to the person buying the security from him who may bring an action to recover the
consideration paid for the security, together with interest at six percent per year from the
date of payment, court costs and reasonable attorneys' fees,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/8-6-19.htm - 8K - Match Info - Similar pages
10A-1-1.03
Section 10A-1-1.03 Definitions. As used in this title, unless the context otherwise requires,
the following terms mean: (1) AFFILIATE. A person who controls, is controlled by, or is under
common control with another person. An affiliate of an individual includes the spouse, or
a parent or sibling thereof, of the individual, or a child, grandchild, sibling, parent, or
spouse of any thereof, of the individual, or an individual having the same home as the individual,
or a trust or estate of which an individual specified in this sentence is a substantial beneficiary;
a trust, estate, incompetent, conservatee, protected person, or minor of which the individual
is a fiduciary; or an entity of which the individual is director, general partner, agent,
employee or the governing authority or member of the governing authority. (2) ASSOCIATE. When
used to indicate a relationship with: (A) a domestic or foreign entity for which the person
is: (i) an officer or governing person; or (ii) a beneficial...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-1-1.03.htm - 25K - Match Info - Similar pages
11-43-5.1
Section 11-43-5.1 Abolition or creation of civil service system, etc., in municipality having
less than 5,000 inhabitants; section in pari materia with Section 36-27-6. (a) Any law to
the contrary notwithstanding, the governing body of any municipality, with a population of
less than 5,000 persons, by resolution duly adopted, may abolish or create a civil service
system or other personnel board for its officers and employees. Provided, however, any person
holding an office or position in or who is a member of any civil service or merit system within
any such municipality upon any such action by a municipality shall continue all rights, interest,
and privileges vested or vesting therein. (b) The provisions of this section shall be construed
in pari materia with Section 36-27-6; provided, however, those laws or parts of laws which
are in conflict with the provisions of this act are hereby repealed. (Acts 1984, No. 84-665,
p. 1333, §§1, 2.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-43-5.1.htm - 1K - Match Info - Similar pages
18-1A-295
Section 18-1A-295 Use of condemnation proceedings by institutions of higher learning. (a) Whenever
any institution of higher learning created by legislative act or by the state constitution
and whose governing boards' powers are derived by state statute or from the constitution needs
any land or interest therein near the campus of the institution for its educational purposes
and the owner thereof is a minor or an insane person, or refuses to sell the land to the state
for use of the institution, or will not agree with the board of trustees or the president
on a price therefor, the trustees are hereby authorized to institute in the probate court
of the county in which the land is located proceedings in the name of the state, to condemn
such land, which proceedings shall be conducted as nearly as possible in accordance with the
provisions of Chapters 1 and 1A of Title 18. It shall be the duty of the trustees to pay out
of the funds of the institution all costs of every condemnation...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/18-1A-295.htm - 1K - Match Info - Similar pages
19-3A-102
Section 19-3A-102 Definitions. As used in this 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...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/19-3A-102.htm - 4K - Match Info - Similar pages
27-2-13
Section 27-2-13 Conflicts of interest; additional compensation, etc. (a) The commissioner or
any deputy, examiner, assistant, or employee of the commissioner shall not be financially
interested, directly or indirectly, in any insurer, insurance agency, or insurance transaction
except as a policy holder or claimant under a policy; except, that as to such matters wherein
a conflict of interests does not exist on the part of any such individual, the commissioner
may employ or retain, from time to time, insurance actuaries, accountants, or other professional
personnel who are independently practicing their professions even though similarly employed
or retained by insurers or others. (b) The commissioner or any deputy, examiner, assistant,
or employee of the commissioner shall not be given, nor receive, any fee, compensation, loan,
gift, or other thing of value in addition to the compensation and expense allowance provided
by law for any service rendered, or to be rendered, as such...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-2-13.htm - 1K - Match Info - Similar pages
27-25-4
Section 27-25-4 Title insurance agent; appointment; issuance of policies. (a) No person shall
act as a title insurance agent in this state unless licensed pursuant to this chapter. Nothing
herein contained shall be construed to prevent a title insurer licensed to do business in
this state, nor an employee thereof, from issuing a policy of title insurance in this state.
(b) Each title insurance agent acting on behalf of a title insurance company shall be appointed
by the title insurance company in accordance with this chapter. The commissioner shall collect
from the title insurer the fees set forth in Section 27-25-4.7 for each appointment. Nothing
herein contained shall be construed to require the issuance of an appointment as described
in this subsection to a title insurer licensed to do business in this state, nor an employee
thereof, for the purpose of issuing a policy of title insurance in this state. (c) Unless
a later date is specifically authorized by the title insurer for a...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-25-4.htm - 2K - Match Info - Similar pages
28-9-7
Section 28-9-7 Transfer of wholesaler's business. (a) Upon written notice of intent to transfer
the wholesaler's business, any individual owning or deceased individual who owned an interest
in a wholesaler may transfer the wholesaler's business to a designated member, or to any other
person who meets the nondiscriminatory, material and reasonable qualifications and standards
required by the supplier for Alabama wholesalers. The consent or approval of the supplier
shall not be required of any transfer of the wholesaler's business, including the assignment
of wholesaler's rights under the agreement, to a designated member or shall not be withheld
or unreasonably delayed to a proposed transferee (other than a designated member) who meets
such nondiscriminatory, material and reasonable qualifications and standards. Provided, however,
the supplier shall have the burden of proving that the proposed transferee fails to meet such
qualifications and standards which are nondiscriminatory,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/28-9-7.htm - 3K - Match Info - Similar pages
34-13-20
Section 34-13-20 Creation; composition; qualifications of members; appointment and removal
from board. (a) There is established the Alabama Board of Funeral Service, consisting of nine
members, each of whom shall be citizens of the United States and residents of the State of
Alabama. (b) The appointing authorities shall coordinate their appointments to assure board
membership is inclusive and reflects the racial, gender, geographic, urban/rural, and economic
diversity of the state. (c) Commencing on January 1, 2019, as the terms of the members serving
on the board on August 1, 2017, expire, the membership of the board shall be reconstituted
to consist of seven professional members and two consumer members. (1) Each professional member
of the board shall be a citizen of the United States, a resident of Alabama, and licensed
and in good standing with the board as an embalmer or funeral director at the time of appointment
and during the entire term of office. Professional members of the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/34-13-20.htm - 6K - Match Info - Similar pages
38-4-5
Section 38-4-5 Right of persons applying for or receiving public assistance to appeal. In the
event a person is denied the right to apply for public assistance, or his application is not
acted upon with reasonable promptness or is denied, or assistance is not granted promptly
following establishment of eligibility, or in case the amount or terms of an award or of any
modification thereof is deemed unjust, he may appeal to the state department for a hearing
of his case. Notice and opportunity for a fair hearing shall be given the applicant by the
state department and at this hearing any party at interest may appear and present any relevant
facts. The action of the state department on any appeal shall be final and binding and shall
be complied with. (Acts 1951, No. 703, p. 1211, §17.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/38-4-5.htm - 1K - Match Info - Similar pages
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