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37-6-3
Section 37-6-3 Enumerated powers. A cooperative shall have the power: (1) To sue and be sued
in its corporate name. (2) To adopt a corporate seal and alter the same at its pleasure. (3)
To generate, manufacture, purchase, acquire and transmit electric energy and to distribute,
sell, supply and dispose of electric energy to its members, to governmental agencies and political
subdivisions and to other persons; provided, however, that should a cooperative acquire any
electric facilities dedicated or devoted to the public use, it may continue to serve the persons
served directly from such facilities at the time of such acquisition without requiring that
such persons become members, and, provided further, that such nonmembers shall have the right
to become members upon nondiscriminatory terms. Cooperatives may not condition membership
or provision of service on compliance by the member with requirements not directly related
to the electric or other service to be provided by the cooperative....
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/37-6-3.htm - 19K - Match Info - Similar pages
8-35-2
Section 8-35-2 Security freeze on credit report. (a) A consumer may place a security freeze
on the consumer's credit report by making a request in writing by certified mail to a consumer
credit reporting agency. No later than August 31, 2012, a consumer credit reporting agency
shall make available to consumers an Internet based method of requesting a security freeze
and a toll-free telephone number for consumers to use to place a security freeze, temporarily
lift a security freeze, or completely remove a security freeze. A security freeze shall prohibit,
subject to exceptions in subsection (m), the consumer credit reporting agency from releasing
the consumer's credit report or credit score without the prior express authorization of the
consumer as provided in subsection (d) or (e). Nothing in this subsection shall prevent a
consumer credit reporting agency from advising a third party that a security freeze is in
effect with respect to the consumer's credit report. (b) A consumer credit...
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45-37-123.01
Section 45-37-123.01 Definitions. For the purposes of this part, the following terms shall
have the following meanings: (1) ACT. The act adding this part, to be called the General Retirement
System for Employees of Jefferson County Act. (2) ACTIVE MEMBER. An individual who currently
is employed by the county or other entities set forth in subdivision (20) and is making employee
contributions to the system. (3) ACTUARIAL EQUIVALENT. Effective July 30, 1984, or such other
dates as set forth in Exhibit A, which is maintained in the office of the pension board, a
form of benefit differing in time, period, or manner of payment from a specific benefit provided
under the plan but having the same value when computed using the mortality tables, the interest
rate, and any other assumptions last adopted by the pension board, which assumptions shall
clearly preclude any discretion in the determination of the amount of a member's benefit.
(4) ACTUARIAL GAIN. As defined in Section...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-37-123.01.htm - 27K - Match Info - Similar pages
28-3-190
Section 28-3-190 Levy of tax; collection; disposition of proceeds by localities; enforcement
and administration; penalties; exclusive nature of tax. (a) Levy. In addition to the excise
tax levied by Article 5A of Chapter 3 of this title and the licenses provided for by Chapter
3A of this title and by Section 28-3-194, and any acts amendatory thereof, supplementary thereto
or substituted therefor, and municipal and county licenses, there is hereby levied a privilege
or excise tax on every person licensed under the provisions of Chapter 3A who sells, stores,
or receives for the purpose of distribution, to any person, firm, corporation, club, or association
within the State of Alabama any beer. The tax levied hereby shall be measured by and graduated
in accordance with the volume of sales by such person of beer, and shall be an amount equal
to one and six hundred twenty-five thousands cents (1.625 cents) for each four fluid ounces
or fractional part thereof. (b) Collection. The tax levied...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/28-3-190.htm - 43K - Match Info - Similar pages
5-8A-31
Section 5-8A-31 Subrogation of Federal Deposit Insurance Corporation. Whenever any bank shall
have been closed as provided under the laws of this state, and the Federal Deposit Insurance
Corporation shall pay or make available for payment the insured deposit liabilities of such
closed institution, the corporation, whether or not it shall have become receiver or liquidator
of such closed bank, shall be subrogated to all rights against such closed bank of the owners
of such deposits in the same manner and to the same extent as subrogation of the corporation
is now or may be hereafter provided for by federal law in the case of the closing of a national
bank; provided, that the rights of depositors and other creditors of such closed bank shall
be determined in accordance with the applicable provisions of the laws of this state. (Acts
1980, No. 80-658, §5-8-31.)...
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5-22-2
Section 5-22-2 Definitions. For the purpose of this chapter, the following terms shall have
the meanings ascribed by this section: (1) CURRENCY. Currency and coin of the United States.
(2) FINANCIAL INSTITUTION. Any national bank or banking association, state bank or banking
association, industrial savings bank, trust company, federal savings and loan association,
state savings and loan association, federal savings bank, state savings bank, federal credit
union, state credit union, Edge Act or agreement corporation, or international bank agency,
located in this state, whether organized under the laws of this state, the laws of another
state, or the laws of the United States. (3) PERSON. Any individual, and any corporation,
partnership, association or other such business entity. (Acts 1990, No. 90-469, p. 674, §2.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/5-22-2.htm - 1K - Match Info - Similar pages
9-10-39
Section 9-10-39 Investment in bonds by state, banks, insurance companies, etc.; deposit of
bonds, etc., with state or municipal officers or agencies. Bonds issued by the corporation
under the provisions of this article are hereby made securities in which the state and all
political subdivisions of this state, their officers, boards, commissions, departments or
other agencies, all banks, bankers, savings banks, trust companies, savings and loan associations,
investment companies and other persons carrying on a banking business, all insurance companies,
insurance associations, and other persons carrying on an insurance business and all administrators,
executors, guardians, trustees and other fiduciaries and all other persons whatsoever who
now are or may hereafter be authorized to invest in bonds or other obligations of the state
may properly and legally invest any funds including capital belonging to them or within their
control. The bonds or other securities or obligations are hereby...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/9-10-39.htm - 1K - Match Info - Similar pages
24-8-15
Section 24-8-15 Similar complaint filed with another agency with authority to investigate violation
of chapter. Before accepting any complaint under this chapter, the office shall determine
if the complainant has filed a similar complaint with the Federal Home Loan Bank Board, the
Comptroller of the Currency, the Federal Deposit Insurance Corporation of the Federal Reserve
System, the United States Department of Housing and Urban Development, or any other agency
with authority to investigate and resolve complaints alleging a violation of this chapter.
If a complaint has been filed or is filed, subsequently the office shall coordinate efforts
to resolve the complaint with that agency in order to avoid multiple investigations of the
respondent. (Acts 1991, No. 91-659, p. 1248, §15.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/24-8-15.htm - 1K - Match Info - Similar pages
5-5A-12
Section 5-5A-12 Membership in federal deposit insurance corporation, etc. All banks now or
hereafter operating under the laws of this state shall be members of the Federal Deposit Insurance
Corporation or such other agency as may be created to insure the deposits of such bank. (Acts
1980, No. 80-658, §5-5-12.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/5-5A-12.htm - 618 bytes - Match Info - Similar pages
5-11A-5
Section 5-11A-5 Deposit of security for operation of trust business - Amount required and form;
charges against deposit. Any corporation organized and operating as a trust company or as
a bank authorized by law to do a trust business may deposit with the State Treasurer or elsewhere
United States bonds, bonds, notes or debentures of any federal agency such as a federal land
bank, banks for cooperatives, Farm Home Administration, Federal National Mortgage Association,
etc., Alabama bonds, bonds of any city or county in the State of Alabama or mortgages which
are first liens on real estate, worth in each case double the face of the mortgage, situated
in this state, to an amount not less than $25,000.00, and may increase said deposit from time
to time or reduce the same to an amount not less than $25,000.00, or may withdraw the deposit
entirely, provided such trust companies or banks have made final settlement and accounted
for all assets in their possession and under their control by...
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