37-11A-1
Section 37-11A-1 Execution and text of compact. The Governor, on behalf of this state, shall
execute a compact, in substantially the following form, with the State of Mississippi, and
the Legislature approves and ratifies the compact in the form substantially as follows: Northeast
Mississippi - Northwest Alabama Railroad Authority Compact. The contracting states solemnly
agree: Article I. The purpose of this compact is to promote and develop trade, commerce, industry,
and employment opportunities for the public good and welfare in northeast Mississippi and
northwest Alabama through the establishment of a joint interstate authority to acquire certain
railroad properties and facilities which the operator thereof has notified the Interstate
Commerce Commission of an intention to abandon and which are located in any of Franklin, Marion,
or Winston Counties, Alabama or in Alcorn or Tishomingo Counties, Mississippi. Article II.
This compact shall become effective immediately as to the State...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/37-11A-1.htm - 33K - Match Info - Similar pages

33-1-8
Section 33-1-8 Board of directors. (a)(1) The port authority shall be governed by a board of
directors, consisting of eight appointed members and one ex officio member. a. The Governor
shall appoint eight members subject to confirmation by the Senate as follows: b. Two members
from the southern region of this state consisting of the following counties: Baldwin, Choctaw,
Clarke, Conecuh, Dallas, Escambia, Hale, Marengo, Mobile, Monroe, Perry, Washington, and Wilcox.
c. Two members from the central region of this state consisting of the following counties:
Autauga, Barbour, Bullock, Butler, Chambers, Chilton, Coffee, Coosa, Covington, Crenshaw,
Dale, Elmore, Geneva, Henry, Houston, Lee, Lowndes, Macon, Montgomery, Pike, Russell, Randolph,
Tallapoosa, and Tuscaloosa. d. Two members from the northern region of this state consisting
of the following counties: Winston, Clay, Cullman, Cleburne, Colbert, Pickens, Shelby, St.
Clair, Sumter, Talladega, Etowah, Walker, Morgan, Marion, Marshall,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/33-1-8.htm - 9K - Match Info - Similar pages

27-28-2
Section 27-28-2 Plan for exchange of stock, etc., between domestic stock insurer and holding
company - Procedure for exchange. A plan of exchange shall be adopted and become effective
in the following manner: (1) APPROVAL OF THE BOARDS OF DIRECTORS. - The boards of directors
of each corporate party to the plan of exchange by resolution shall adopt the plan of exchange
which shall set forth the terms and conditions of the exchange and the mode of carrying the
same into effect and such other provisions with respect to the exchange as may be deemed necessary
or desirable. (2) APPROVAL OF COMMISSIONER. - Every plan of exchange, before being submitted
to vote of the stockholders pursuant to subdivision (3) of this section, shall be submitted
for approval to the commissioner in accordance with the following procedure: a. After the
approval required by subdivision (1) of this section is obtained, the domestic company shall
submit to the commissioner three copies of the plan of exchange and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-28-2.htm - 13K - Match Info - Similar pages

34-27-31
Section 34-27-31 Recovery Fund created; fees paid to fund; injured party's recovery from fund;
procedures, appeals, etc.; licensee to report any legal action taken against him or her. (a)
The commission shall establish and maintain a Recovery Fund from which an aggrieved party
may recover actual or compensatory damages, not including interest and court costs, sustained
only within the State of Alabama as a result of conduct of a broker or salesperson in violation
of Article 1 or 2 of this chapter or the rules and regulations of the commission. (b) Notwithstanding
any other provision to the contrary, payments from the Recovery Fund are subject to the following
conditions and limitations: (1) The fund shall not be obligated for the acts or omissions
of a broker or salesperson while acting on his or her own behalf or on behalf of his or her
child, spouse, or parent regarding property in which he or she or his or her spouse, child,
or parent has, or is attempting to acquire, an interest;...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/34-27-31.htm - 10K - Match Info - Similar pages

19-3B-816
Section 19-3B-816 Specific powers of trustee. (a) Without limiting the authority conferred
by Section 19-3B-815, a trustee may: (1) collect trust property and accept or reject additions
to the trust property from a settlor or any other person, including, but not being limited
to, the authority to receive, collect, hold, and retain common or preferred stock or other
interests in the trustee or any related party; (2) acquire or sell property, for cash or on
credit, at public or private sale; (3) exchange, partition, or otherwise change the character
of trust property; (4) deposit trust money in an account in a regulated financial-service
institution; (5) borrow money, with or without security, and mortgage or pledge trust property
for a period within or extending beyond the duration of the trust; (6) with respect to an
interest in a proprietorship, partnership, limited liability company, business trust, corporation,
or other form of business or enterprise, continue the business or other...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/19-3B-816.htm - 10K - Match Info - Similar pages

18-1A-111
Section 18-1A-111 Investment of deposit; allocation of interest. Upon motion of a party at
any time after a deposit has been made, the court shall direct that the money not withdrawn
be invested in certificates of deposit of federal and state banks and savings and loan associations,
or in treasury bills, notes, or obligations of the federal government or any agency thereof,
subject to reasonable terms and conditions. Interest earned or other increments derived from
the investment shall be allocated, credited, and disbursed between the parties pro rata, in
relation to the final award. (Acts 1985, No. 85-548, p. 802, §602.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/18-1A-111.htm - 938 bytes - Match Info - Similar pages

41-4-13
Section 41-4-13 Use of funds in sinking fund - Deposit of funds in savings banks. If any state
sinking funds or any part thereof cannot be invested profitably in any of the other modes
provided for in this article, the Director of Finance, by and with the advice and consent
of the Governor, may direct the Treasurer to deposit any sinking fund or part thereof in a
reputable and solvent savings bank on the best terms obtainable. (Acts 1923, No. 436, p. 585;
Code 1923, §847; Acts 1939, No. 112, p. 144; Code 1940, T. 55, §78.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-4-13.htm - 839 bytes - Match Info - Similar pages

9-14A-13
Section 9-14A-13 Bonds - Proceeds - Alabama State Parks System Improvement Fund. The proceeds
derived from the sale of each series of the bonds issued pursuant to this chapter by the Alabama
State Parks System Improvement Corporation other than refunding bonds shall be paid into the
State Treasury upon receipt thereof, and the State Treasurer shall keep such proceeds, as
well as all income received from the investment and reinvestment of such proceeds (including
income derived from the investment and reinvestment of previously derived income), in a special
fund in the State Treasury, designated "The Alabama State Parks System Improvement Fund,"
pending the expenditure of such proceeds and income for the purposes hereinafter authorized
and as required by said amendment. All proceeds so deposited in the State Treasury shall be
continuously invested by the State Treasurer in permitted investments, and as and when income
from the investment of such proceeds is received, such income shall...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/9-14A-13.htm - 1K - Match Info - Similar pages

15-13-43
Section 15-13-43 Deposit of federal or state bonds in lieu of cash; sale of bonds. In lieu
of a deposit of money, a defendant may deposit negotiable bonds of the United States or of
the State of Alabama of the face value of the cash deposit required. Such bonds shall be treated
in the same manner as a deposit of money, except that the clerk shall, under order of the
court, when occasion arises therefor, sell the said bonds and apply the proceeds of such sale
in the manner that a deposit of cash may be required to be applied. (Acts 1949, No. 199, p.
230.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/15-13-43.htm - 863 bytes - Match Info - Similar pages

41-10-282
Section 41-10-282 Bonds are lawful security for state deposits; investment of state, retirement,
and other fiduciary funds in bonds of authority. Any bonds issued by the authority may be
used by the holders thereof as security for deposits of any funds belonging to the state or
to any instrumentality, agency or political subdivision of the state in any instance where
security for such deposits may be required or permitted by law. Any surplus in any state fund
and any retirement or trust fund, where the investment thereof is permitted or required by
law, may be invested in bonds issued by the authority. Unless otherwise directed by the court
having jurisdiction thereof, or the document that is the source of authority, a trustee, executor,
administrator, guardian, or one acting in any other fiduciary capacity may, in addition to
any other investment powers conferred by law and with the exercise of reasonable business
prudence, invest trust funds in the bonds of the authority. (Acts 1986,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-282.htm - 1K - Match Info - Similar pages