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27-15-8
Section 27-15-8 Life insurance policy provisions - Loans on policy. (a) In case of policies
issued on and after the operative date of Section 21-15-28, there shall be a provision that
after the policy has a cash surrender value and while no premium is in default beyond the
grace period for payment the insurer will advance, on proper assignment or pledge of the policy
and on the sole security thereof, at a specified rate of interest not exceeding eight percent
per annum, payable in advance, an amount equal to or, at the option of the party entitled
thereto, less than the loan value of the policy. The loan value of the policy shall be at
least equal to the cash surrender value at the end of the then current policy year, provided
that the insurer may deduct, either from such loan value or from the proceeds of the loan,
any existing indebtedness not already deducted in determining such cash surrender value including
any interest then accrued but not due, any unpaid balance of the premium...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-15-8.htm - 2K - Match Info - Similar pages
27-44-9
Section 27-44-9 Assessments. (a) For the purpose of providing the funds necessary to carry
out the powers and duties of the association, the board of directors shall assess the member
insurers, separately for each account, at such time and for such amounts as the board finds
necessary. Assessments shall be due not less than 30 days after prior written notice to the
member insurers and shall accrue interest at six percent per annum on and after the due date.
(b) There shall be two classes of assessments, as follows: (1) Class A assessments shall be
authorized and called for the purpose of meeting administrative and legal costs and other
expenses. Class A assessment may be authorized and called whether or not related to a particular
impaired or insolvent insurer. (2) Class B assessments shall be authorized and called to the
extent necessary to carry out the powers and duties of the association under Section 27-44-8
with regard to an impaired or insolvent insurer. (c)(1) The amount of a...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-44-9.htm - 8K - Match Info - Similar pages
37-2-41
Section 37-2-41 Inspection and supervision fees; election. (a) Each transportation company
doing business in this state and subject to the control and jurisdiction of the commission
with respect to its rates and service regulations shall pay quarterly to the commission, beginning
November 1, 1985 and on each quarter thereafter, February 1, May 1, August 1, and November
1 of each year, a fee for the inspection and supervision of such business during the next
preceding fiscal year. Such inspection and supervision fees shall be paid by such transportation
companies in addition to any and all property, franchise, license, intangible and other taxes,
fees and charges now or hereafter provided by law. No similar inspection and supervision fees
shall be levied or assessed by any county or municipality of the state, and no part of such
inspection and supervision fees shall be allowed to any county or municipality of this state.
Such inspection and supervision fees shall be measured by the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/37-2-41.htm - 6K - Match Info - Similar pages
40-7-23
Section 40-7-23 Assessment of escaped taxes; avoidance of penalty; notice and collection. (a)
Whenever the tax assessor, county revenue commissioner, or other assessing official shall
discover that any property, including any improvements on real estate assessed as vacant property,
has escaped taxation in any assessment within five years next preceding the current year,
he shall list, return, and value said property for assessment for the years during which same
has escaped taxation and shall also endorse on such returns the year or years for which the
property has escaped taxation and, except as provided in subsection (b) hereinafter, the accrual
of a penalty of 10 percent of the taxes assessed thereon for each year. (b) Any taxpayer who
escaped assessment of tangible personal property for taxable years ending on or before September
30, 1988 shall not have accrued to his account the 10 percent penalty, provided: (1) He files
a proper tax return and assesses such property not later...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/40-7-23.htm - 4K - Match Info - Similar pages
45-27-82
Section 45-27-82 Recovery of court costs. (a) The office of the district attorney serving Escambia
County, Alabama, shall be allowed to establish a court cost recovery division for the purpose
of collecting assessments, costs, fees, fines, or forfeitures due to be paid to the State
of Alabama, Escambia County, municipalities within Escambia County, or any agency or subdivision
of these governments as a result of any court action or proceeding. (b) The court, the clerk
of the court, or a probation officer shall notify the district attorney in writing when any
bail bond forfeitures, court costs, fines, penalty assessments, crime victims' compensation
assessments, or like assessments in any civil or criminal proceeding ordered by the court
to be paid to the state or municipality have been paid or are in default and the default has
not been vacated. Upon notification to the district attorney, the court cost recovery division
of the district attorney's office may collect or enforce the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-27-82.htm - 3K - Match Info - Similar pages
11-50-316
Section 11-50-316 Execution, sale, etc., of bonds and refunding bonds of corporation; terms,
denominations, etc., thereof; charge, application, etc., of revenues from systems for payment
of bonds, etc., generally; vesting of title to systems in municipality and dissolution of
corporation upon payment of bonds in full, etc. (a) All bonds issued by any such corporation
organized or the certificate of incorporation of which is amended under this article shall
be signed by the chairman of the board of directors or other chief executive officer and attested
by its secretary, and the seal of such corporation shall be affixed thereto; provided that,
if authorized by the board of directors of such corporation, said bonds may be executed with
an engraved, imprinted, stamped, or otherwise reproduced facsimile of any signature or seal
in lieu of a manually made signature or manually made impressment of the seal; provided further,
that at least one signature required or permitted to be placed...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-50-316.htm - 5K - Match Info - Similar pages
11-67-23
Section 11-67-23 Notice to owner of public hearing; contents; publication in newspaper; posting
of signs and form thereof. After the passage of the resolution, notice of a public hearing
on the matter shall be given by certified mail, return receipt requested, mailed 30 days prior
to the date of the hearing and shall inform the owner of the time, date, and place of the
hearing and the reason for the hearing. The notice shall be mailed to the owner of the property
as the information appears on record in the office of the tax assessor. All notices shall
carry a list of names of persons or private contractors, or both, who perform the work and
are registered with the city clerk. The names shall not constitute a recommendation and the
failure to include a list shall in no way affect the operation of this article. Notice shall
also be given by publication in a newspaper normally read by all segments of the population
published in the county once a week for two consecutive weeks, or if no...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-67-23.htm - 4K - Match Info - Similar pages
15-20A-22
Section 15-20A-22 Adult sex offender - Registration fee. (a) An adult sex offender shall pay
a registration fee in the amount of ten dollars ($10) to each registering agency where the
adult sex offender resides beginning with the first quarterly registration on or after July
1, 2011, and at each quarterly registration thereafter. (b) Each time an adult sex offender
terminates his or her residence and establishes a new residence, he or she shall pay a registration
fee in the amount of ten dollars ($10) to each registering agency where the adult sex offender
establishes a new residence. (c) If, at the time of registration, the adult sex offender is
unable to pay the registration fee, the registering agency may require the adult sex offender
to pay the fee in installments not to exceed 90 days. The registering agency shall waive the
registration fee if the adult sex offender has an order from the court declaring his or her
indigence. In the event the adult sex offender is determined to be...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/15-20A-22.htm - 3K - Match Info - Similar pages
22-30B-2.1
Section 22-30B-2.1 Annual payments to counties; guaranteed amount; distribution of funds. (a)
There is hereby provided to all counties having less than 25,000 population and wherein on
April 17, 1990, a commercial site for the disposal of hazardous waste or hazardous substances
is located, an annual payment of two and one-half percent of the gross receipts generated
by Section 22-30B-2 as provided herein over those fees in existence on October 1, 1989. (b)
Any county identified in subsection (a) is hereby guaranteed an amount not to exceed the lesser
of $4,200,000.00 or 100 percent of the receipts to the state paid on wastes or substances
disposed of in the county. In determining whether a county is entitled to receive benefit
of all or any portion of the guarantee herein made, there shall be charged against such county
all receipts which it receives pursuant to this chapter and Alabama Act 83-480, 1983 Regular
Session, as amended, or other applicable local act. (c) Determination of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-30B-2.1.htm - 4K - Match Info - Similar pages
27-44-8
Section 27-44-8 Powers and duties of association. (a) If a member insurer is an impaired insurer,
the association may, in its discretion and subject to any conditions imposed by the association
that do not impair the contractual obligations of the impaired insurer, and that are approved
by the commissioner: (1) Guarantee or reinsure, or cause to be guaranteed, assumed, or reinsured,
any or all of the covered policies of the impaired insurers. (2) Provide such moneys, pledges,
notes, guarantees, or other means as are proper to effectuate subdivision (1), and assure
payment of the contractual obligations of the impaired insurer pending action under subdivision
(1). (b) If a member insurer is an insolvent insurer, the association shall, in its discretion
and subject to the approval of the commissioner, do either of the following: (1)a. Guarantee,
assume, or reinsure, or cause to be guaranteed, assumed, or reinsured, the covered policies
of the insolvent insurer. b. Assure payment of the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-44-8.htm - 24K - Match Info - Similar pages
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