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16-16A-7
Section 16-16A-7 Additional findings; bonds authorized; procedures. (a) The Legislature finds
that the number of students attending the several school systems located in those areas of
North Alabama that will be directly impacted by the 2005 BRAC and Subsequent BRAC Actions
will collectively increase by an estimated 9,000 students. As a result, there will be a need
for the construction of additional school facilities as well as the renovation of existing
school facilities. The Legislature also finds that the 2005 BRAC and Subsequent BRAC Actions
will have a positive impact on future receipts to the Education Trust Fund, as the significant
population growth in North Alabama will increase sales, income, and other tax collections.
Thus, it is an efficient use of state funds to allow such revenue growth to help pay for capital
improvement costs associated with BRAC-related school construction. (b) The Alabama Public
School and College Authority is hereby authorized to sell and issue its...
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8-20-4
Section 8-20-4 Unfair and deceptive trade practices. Notwithstanding the terms, provisions,
or conditions of any dealer agreement or franchise or the terms or provisions of any waiver,
prior to the termination, cancellation, or nonrenewal of any dealer agreement or franchise,
the following acts or conduct shall constitute unfair and deceptive trade practices: (1) For
any manufacturer, factory branch, factory representative, distributor, or wholesaler, distributor
branch, or distributor representative to coerce or attempt to coerce any motor vehicle dealer
to do any of the following: a. To accept, buy, or order any motor vehicle or vehicles, appliances,
equipment, parts, or accessories therefor, or any other commodity or commodities or service
or services which such motor vehicle dealer has not voluntarily ordered or requested except
items required by applicable local, state, or federal law; or to require a motor vehicle dealer
to accept, buy, order, or purchase such items in order to...
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40-27-1
Section 40-27-1 Compact adopted; terms. The following Multistate Tax Compact is hereby approved,
adopted and enacted into law by the State of Alabama: Multistate Tax Compact Article I. Purposes.
The purposes of this compact are to: 1. Facilitate proper determination of state and local
tax liability of multistate taxpayers, including the equitable apportionment of tax bases
and settlement of apportionment disputes. 2. Promote uniformity or compatibility in significant
components of tax systems. 3. Facilitate taxpayer convenience and compliance in the filing
of tax returns and in other phases of tax administration. 4. Avoid duplicative taxation. Article
II. Definitions. As used in this compact: 1. "State" means a state of the United
States, the District of Columbia, the Commonwealth of Puerto Rico, or any territory or possession
of the United States. 2. "Subdivision" means any governmental unit or special district
of a state. 3. "Taxpayer" means any corporation, partnership, firm,...
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11-43A-104
Section 11-43A-104 Effect of article on pending litigation. No action or proceeding, civil
or criminal, pending at the time of the adoption of the council-manager form of government
under this article, brought by or against the municipality or any office, department, board
or agency thereof, shall be affected or abated by the adoption of the council-manager form
of government under this article or by anything herein contained in this article. (Acts 1991,
No. 91-545, p. 973, §35.)...
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8-6-119
Section 8-6-119 Judicial validation proceedings. Any judicial validation proceeding instituted
under this article shall conform to and be conducted in accordance with either Section 6-6-750
et seq. or Section 11-81-220 et seq., whichever is applicable to the issuer. The petition
shall allege that the issue of industrial revenue bonds proposed by the issuer is not improvident,
and the director shall be served with notice of the proceeding in the same manner and for
the same time as the district attorney, and may attend the hearing before the circuit court
having jurisdiction of the matter in person or by attorney, present evidence, and be heard
by the court. The court shall not validate unless, pursuant to evidence presented at the hearing,
the court finds and determines that the issue is not improvident. No judicial validation proceedings
shall be instituted under this article until the commission enters a stop order or until the
expiration of 15 days after the proposed industrial...
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22-21-111
Section 22-21-111 Issuance of securities - Incontestability. Securities reciting that they
are issued pursuant to the terms of this division shall, in any action or proceeding involving
their validity, be conclusively deemed to be fully authorized by this division and to have
been issued, sold, executed and delivered in conformity with this division and with all other
provisions of law applicable thereto and shall be incontestable, anything in this division
or in other statutes to the contrary notwithstanding, unless such action or proceeding is
begun before or within 30 days after the day upon which the securities are delivered and paid
for, and no irregularity in the proceedings to authorize the issue of securities under this
division, nor the omission or neglect of any officer charged with the execution of any duties
imposed by this division, shall affect the validity of any securities issued under this division.
(Acts 1949, No. 640, p. 981, §9.)...
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11-43A-40
Section 11-43A-40 Effect of chapter on pending litigation. No action or proceeding, civil or
criminal, pending at the time of the adoption of the council-manager form of government, brought
by or against the municipality or any office, department, board, or agency or officer thereof,
shall be affected or abated by the adoption of the council-manager form of government or by
anything therein contained in this article. (Acts 1982, No. 82-517, p. 851, §39.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-43A-40.htm - 766 bytes - Match Info - Similar pages
11-81-14
Section 11-81-14 Presumption as to validity of issuance, sale, etc.; limitation period for
actions to contest validity thereof. Any bonds reciting that they are issued pursuant to this
chapter shall in any action or proceeding involving their validity be conclusively deemed
to be fully authorized by this chapter and to have been issued, sold, executed, and delivered
in conformity herewith and with all other provisions of statutes applicable thereto and shall
be incontestable, anything in this chapter or in other statutes to the contrary notwithstanding,
unless such action or proceeding is begun before or within 30 days after the day upon which
the bonds are delivered and paid for. (Acts 1927, No. 478, p. 534; Code 1940, T. 37, §262.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-81-14.htm - 1K - Match Info - Similar pages
19-3B-604
Section 19-3B-604 Limitation on action contesting validity of revocable trust; distribution
of trust property. (a) A person may commence a judicial proceeding to contest the validity
of all or part of the terms of a trust that was revocable at the settlor's death within the
earlier of: (1) two years after the settlor's death; or (2) six months after the trustee sent
the person a copy of the trust instrument and a notice informing the person of the trust's
existence, of the trustee's name and address, and of the time allowed for commencing a proceeding.
(b) Upon the death of the settlor of a trust that was revocable at the settlor's death, the
trustee may proceed to distribute the trust property in accordance with the terms of the trust.
The trustee is not subject to liability for doing so unless: (1) the trustee has actual knowledge
of a pending judicial proceeding contesting the validity of all or part of the terms of the
trust; or (2) if, prior to the trustee's actual distribution, a...
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10A-2A-1.46
Section 10A-2A-1.46 Defective corporate actions. (a) A defective corporate action shall not
be void or voidable if ratified in accordance with Section 10A-2A-1.47 or validated in accordance
with Section 10A-2A-1.52. (b) Ratification under Section 10A-2A-1.47 or validation under Section
10A-2A-1.52 shall not be deemed to be the exclusive means of ratifying or validating any defective
corporate action, and the absence or failure of ratification in accordance with this article
shall not, of itself, affect the validity or effectiveness of any corporate action properly
ratified under common law or otherwise, nor shall it create a presumption that any such corporate
action is or was a defective corporate action or void or voidable. (c) In the case of an overissue,
putative stock shall be valid stock effective as of the date originally issued or purportedly
issued upon: (1) the effectiveness under this article and under Article 10 of an amendment
to the certificate of incorporation...
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