36-27-25
Section 36-27-25 Funds for assets of retirement system - Management. (a) The Board of Control
shall be the trustees of the several funds of the Employees' Retirement System created by
this article as provided in Section 36-27-24 and shall have full power to invest and reinvest
the funds, through its Secretary-Treasurer in the classes of bonds, mortgages, common and
preferred stocks, shares of investment companies or mutual funds, or other investments as
the Board of Control may approve, with the care, skill, prudence, and diligence under the
circumstances then prevailing that a prudent person acting in a like capacity and familiar
with such matters would use in the conduct of an enterprise of a like character and with like
aims. Subject to like terms, conditions, limitations and restrictions, the Board of Control,
through its Secretary-Treasurer, shall have full power to hold, purchase, sell, assign, transfer,
and dispose of any investments in which the funds created in Section...
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45-1-232.24
Section 45-1-232.24 Autauga County Work Release Fund; disposition of wages. (a) The sheriff
may establish the Autauga County Work Release Fund at a bank selected by the sheriff located
in Autauga County, Alabama. The employer of an inmate involved in work release shall pay the
wages of the inmate directly to the board. All wages received by the board under this subpart
shall be deposited by the board into the fund. The fund shall be administered by the board,
or by the sheriff as designee of the board, in accordance with the rules established by the
board. (b) The board shall adopt rules concerning the disbursement of any wages of the inmate
involved in the program. (c) The board may apply from the wages of the inmate received by
the board up to 40 percent of the gross wages of the inmate for the payment of costs incident
to the confinement of the inmate, as well as for any law enforcement purposes deemed appropriate
by the board. (d) The board may adopt policies to allow the monies to...
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45-10-231.24
Section 45-10-231.24 Cherokee County Work Release Fund. (a) The board may establish the Cherokee
County Work Release Fund at a bank selected by the board located in Cherokee County. The employer
of an inmate involved in work release shall pay the wages of the inmate directly to the board.
All wages received by the board under this subpart shall be deposited by the board into the
fund. The fund shall be administered by the board, or by the sheriff as designee of the board,
in accordance with the rules established by the board. (b) The board shall adopt rules concerning
the disbursement of any wages of the inmate involved in the program. (c) The board may apply
from the wages of the inmate received by the board up to 40 percent of the wages of the inmate
for the payment of costs incident to the confinement of the inmate, as well as for any law
enforcement purposes deemed appropriate by the board. (d) After application of the wages of
the inmate as provided by this subpart, the remainder...
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8-26B-6
Section 8-26B-6 Certificate of registration; issuance or denial; renewal. (a) Except as otherwise
provided in subsection (b), the Secretary of State shall issue a certificate of registration
to an applicant for registration who complies with Section 8-26B-5(a). (b) The Secretary of
State may refuse to issue a certificate of registration to an applicant for registration under
Section 8-26B-5(a) if the Secretary of State determines that the applicant has engaged in
conduct that significantly adversely reflects on the applicant's fitness to act as an athlete
agent. In making the determination, the Secretary of State may consider whether the applicant
has: (1) pleaded guilty or no contest to, has been convicted of, or has charges pending for,
a crime that would involve moral turpitude or be a felony if committed in this state; (2)
made a materially false, misleading, deceptive, or fraudulent representation in the application
or as an athlete agent; (3) engaged in conduct that would...
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9-17-152
Section 9-17-152 Board approval; recordation of order; certificate of effectiveness; dissolution
of fields and units; determination of commercial reserves; creation of cavities. (a) The use
of an underground reservoir as a storage facility for gas is hereby authorized, provided that
the board shall first enter an order, after notice and hearing pursuant to the provisions
of Sections 9-17-3 to 9-17-8, inclusive, approving such proposed underground storage of gas
and designating the horizontal and vertical boundaries of the storage facility, such boundaries
to include within them any necessary or reasonable buffer zone for the purpose of insuring
the safe operation of the storage facility and to protect the storage facility against pollution,
invasion, and escape or migration of gas therefrom, upon finding as follows: (1) That the
storage facility is suitable and feasible for the injection, storage and withdrawal of gas
and has a greater value or utility for the storage of gas than for...
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10A-2A-10.03
Section 10A-2A-10.03 Amendment by board of directors and stockholders. If a corporation has
issued stock, an amendment to the certificate of incorporation shall be adopted in the following
manner: (a) The proposed amendment shall first be adopted by the board of directors. (b) Except
as provided in Sections 10A-2A-10.05, 10A-2A-10.07, and 10A-2A-10.08, the amendment shall
then be approved by the stockholders. In submitting the proposed amendment to the stockholders
for approval, the board of directors shall recommend that the stockholders approve the amendment,
unless (i) the board of directors makes a determination that because of conflicts of interest
or other special circumstances it should not make a recommendation, or (ii) Section 10A-2A-8.26
applies. If either (i) or (ii) applies, the board of directors must inform the stockholders
of the basis for its so proceeding. (c) The board of directors may set conditions for the
approval of the amendment by the stockholders or the...
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11-49A-6
Section 11-49A-6 Certificate of incorporation - Amendments; resolution; application; denial
or approval of governing body; filing. The certificate of incorporation of any authority incorporated
under the provisions of this chapter may at any time and from time to time be amended in the
manner provided in this section, provided that the contents of any amendment are first approved
by the municipal governing body which shall have the authority to recommend requirements with
respect to either any amendment or the original certificate of incorporation. The board of
directors of the authority shall first adopt a resolution proposing an amendment to the certificate
of incorporation which shall be set forth in full in the said resolution and which amendment
may include any matters which might have been included in the original certificate of incorporation.
After the adoption by the board of a resolution proposing an amendment to the certificate
of incorporation of the authority, the chairman...
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11-50-268
Section 11-50-268 Application to Public Service Commission for determination as to terms of
acquisition; hearing; issuance of order by commission as to terms, conditions, etc., of acquisition.
If acquisition of the property sought to be acquired by the waterworks board is not consummated
under the provisions of Sections 11-50-266 and 11-50-267, the waterworks board before proceeding
to engage in the proposed business shall take such steps as may be provided in this division.
If the waterworks board and the owner fail within 60 days after written notice to the owner
as provided in Section 11-50-266 to consummate the proposed acquisition, either the waterworks
board or the owner may apply to the Public Service Commission within 15 days after the expiration
of such 60 day period for a determination as to what property ought in the public interest
to be included in the purchase and what price ought to be paid, having in view the cost of
the property less a reasonable allowance for...
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11-62-4
Section 11-62-4 Amendment of certificate of incorporation. (a) The certificate of incorporation
of any authority may at any time and from time to time be amended in the manner provided in
this section. The board of the authority shall first adopt a resolution proposing an amendment
to the certificate of incorporation, which amendment shall be set forth in full in the said
resolution and may include any matters which might have been included in the original certificate
of incorporation of any authority organized on the date of the adoption of the said resolution
proposing the amendment. (b) After the adoption by the board of a resolution proposing an
amendment to the certificate of incorporation of any authority, the board shall file a written
application with the governing body of the determining municipality. Such application shall
state that it is wise, expedient, necessary, or advisable for the said amendment to be made
and request that the governing body of the determining...
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16-25-20
Section 16-25-20 Management of funds. (a) (1) The Board of Control shall be the trustees of
the several funds of the Teachers' Retirement System created by this chapter as provided in
Section 16-25-21, and shall have full power to invest and reinvest the funds, through its
Secretary-Treasurer, in the classes of bonds, mortgages, common and preferred stocks, shares
of investment companies or mutual funds, or other investments as the Board of Control may
approve, with the care, skill, prudence, and diligence under the circumstances then prevailing
that a prudent man acting in a like capacity and familiar with the matters would use in the
conduct of an enterprise of a like character and with like aims; and, subject to like terms,
conditions, limitations, and restrictions, the Board of Control, through its Secretary-Treasurer,
shall have full power to hold, purchase, sell, assign, transfer, and dispose of any investments
in which the funds created herein shall have been invested, as well...
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