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35-11-371
Section 35-11-371 Perfection of lien. (a) For the purposes of this section, the
following terms shall have the following meanings: (1) HEALTH CARE PAYOR. A health care insurer,
health maintenance organization, or health care service plan organized under Article 6, Chapter
20, Title 10A, authorized to provide health care coverage in the state. (2) SATISFY THE CLAIM.
Receipt by the hospital of either of the following: a. Full payment for services as billed.
b. If the hospital has a contract with the injured person's health care payor, payment together
with all credits, discounts, and contractual adjustments that the patient's bill would be
entitled under the contract, including recoupments, between the hospital and the patient's
health care payor which extinguish the patient's obligation for the services rendered. (b)
Unless specifically contrary to any contractual agreement between the hospital and the injured
person's health care payor or unless contrary to any statute or governmental...
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19-3B-701
Section 19-3B-701 Accepting or declining trusteeship. (a) Except as otherwise provided
in subsection (c), a person designated as trustee accepts the trusteeship: (1) by substantially
complying with a method of acceptance provided in the terms of the trust; or (2) if the terms
of the trust do not provide a method or the method provided in the terms is not expressly
made exclusive, by accepting delivery of the trust property, exercising powers or performing
duties as trustee, or otherwise indicating acceptance of the trusteeship. (b) A person designated
as trustee who has not yet accepted the trusteeship may reject the trusteeship. A designated
trustee who does not accept the trusteeship within a reasonable time after knowing of the
designation is deemed to have rejected the trusteeship. (c) A person designated as trustee,
without accepting the trusteeship, may: (1) act to preserve the trust property if, within
a reasonable time after acting, the person sends a rejection of the...
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22-21-371
Section 22-21-371 Individual, group, blanket or franchise contracts authorized; certificates
of coverage; filing and approval of contracts and certificates; requirements; grounds for
disapproval. (a) Dental service plan contracts may be written on individual, group, blanket
or franchise basis. Each contractual obligation for such dental service(s) must be evidenced
by a contract. Each person covered under a group contract must be issued a certificate of
coverage. (b) No contract or certificate of dental service benefits may be issued in this
state unless a copy of the form has been filed and approved by the commissioner. (c) The commissioner
may not approve any form that does not meet the following requirements: (1) Contracts must
contain a list and description of the dental service payments promised or the dental work
for which expenses are to be reimbursed, and any limits on the amounts to be paid or reimbursed;
(2) Contracts and certificates must indicate the name of the dental...
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35-11-212
Section 35-11-212 Building or improvement on leased land. (a) When the building or improvement
is erected under or by virtue of any contract with a lessee in possession, and the erection
thereof is not in violation of the terms or conditions of the lease, the lien shall attach
to such building or improvement, and to the unexpired term of the lease, and the holder of
the lien shall have the right to avoid a forfeiture of the lease by paying rent to the lessor,
as it becomes due and payable, or by the performance of any other act or duty to which the
lessee may be bound; and if the lien is enforced by a sale of the building or improvement,
the purchaser may, at his election, become entitled to the possession of the demised premises,
and to remain therein for the unexpired term, by paying rent to the lessor, or performing
any other act or duty to which the lessee was bound, as if he were the assignee of the lease;
or he may, within 60 days after the sale, remove such building or...
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41-16-27
Section 41-16-27 Manner of awarding contracts; records; exemptions. (a) When purchases
are required to be made through competitive bidding, award shall, except as provided in subsection
(f), be made to the lowest responsible bidder taking into consideration the qualities of the
commodities proposed to be supplied, their conformity with specifications, the purposes for
which required, the terms of delivery, transportation charges, and the dates of delivery,
provided, that the awarding authority may at any time within 30 days after the bids are opened
negotiate and award the contract to anyone, provided he or she secures a price at least five
percent under the low acceptable bid. The award of such a negotiated contract shall be subject
to approval by the Director of Finance and the Governor, except in cases where the awarding
authority is a two-year or four-year college or university governed by a board. The awarding
authority or requisitioning agency shall have the right to reject any...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-16-27.htm - 10K - Match Info - Similar pages
7-3-305
Section 7-3-305 Defenses and claims in recoupment. (a) Except as stated in subsection
(b), the right to enforce the obligation of a party to pay an instrument is subject to the
following: (1) A defense of the obligor based on (i) infancy of the obligor to the extent
it is a defense to a simple contract, (ii) duress, lack of legal capacity, or illegality of
the transaction which, under other law, nullifies the obligation of the obligor, (iii) fraud
that induced the obligor to sign the instrument with neither knowledge nor reasonable opportunity
to learn of its character or its essential terms, or (iv) discharge of the obligor in insolvency
proceedings; (2) A defense of the obligor stated in another section of this article
or a defense of the obligor that would be available if the person entitled to enforce the
instrument were enforcing a right to payment under a simple contract; and (3) A claim in recoupment
of the obligor against the original payee of the instrument if the claim arose...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/7-3-305.htm - 3K - Match Info - Similar pages
7-5-114
Section 7-5-114 Assignment of proceeds. (a) In this section, "proceeds of
a letter of credit" means the cash, check, accepted draft, or other item of value paid
or delivered upon honor or giving of value by the issuer or any nominated person under the
letter of credit. The term does not include a beneficiary's drawing rights or documents presented
by the beneficiary. (b) A beneficiary may assign its right to part or all of the proceeds
of a letter of credit. The beneficiary may do so before presentation as a present assignment
of its right to receive proceeds contingent upon its compliance with the terms and conditions
of the letter of credit. (c) An issuer or nominated person need not recognize an assignment
of proceeds of a letter of credit until it consents to the assignment. (d) An issuer or nominated
person has no obligation to give or withhold its consent to an assignment of proceeds of a
letter of credit, but consent may not be unreasonably withheld if the assignee possesses and...
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7-8-314
Section 7-8-314 (Effective Until January 1, 1997) Duty to deliver, when completed. (1)
Unless otherwise agreed where a sale of a security is made on an exchange or otherwise through
brokers: (a) The selling customer fulfills his duty to deliver when he places such a security
in the possession of the selling broker or of a person designated by the broker or if requested
causes an acknowledgment to be made to the selling broker that it is held for him; and (b)
The selling broker including a correspondent broker acting for a selling customer fulfills
his duty to deliver by placing the security or a like security in the possession of the buying
broker or a person designated by him or by effecting clearance of the sale in accordance with
the rules of the exchange on which the transaction took place. (2) Except as otherwise provided
in this section and unless otherwise agreed, a transferor's duty to deliver a security
under a contract of purchase is not fulfilled until he places the security...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/7-8-314.htm - 1K - Match Info - Similar pages
11-48-54
Section 11-48-54 Redemption of property after sale generally. Any real property heretofore
or hereafter sold for the satisfaction of a local improvement assessment lien imposed thereon
by the governing body of a municipality may be redeemed by the former owner, or his assigns,
or other person authorized to redeem property sold for taxes by the State of Alabama within
two years from the date of such sale by paying to the purchaser at such sale or to any person
deraigning title under such purchaser or to the city or town treasurer for such purchaser
or person deraigning title under such purchaser the amount of the purchase price for which
the property was sold at such sale plus an amount equal to interest on such purchase price
from the date of such sale to the date of redemption at the rate of six percent per annum
plus a fee of $2.00 to cover the expense of a conveyance. If the redemption is made from the
municipality, the payment may be made upon such terms including installment...
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11-81-144
Section 11-81-144 Form, terms, denominations, etc., of bonds; maturity and sale; execution
and delivery; issuance of revenue refunding bonds. (a) Revenue anticipation bonds may be issued
under this division in one or more series, may bear such date or dates, may be payable in
such medium of payment, at such place or places, may carry such registration privileges, may
be executed in such manner, may contain such terms, covenants and conditions, and may be in
such form, either coupon or registered, as may be specified in the resolution or resolutions
providing for their issuance. (b) Such bonds shall mature in the manner provided for the maturity
of revenue bonds in Section 11-81-6 and shall be sold as provided in Sections 11-81-10
through 11-81-12; provided, that if the proceedings authorizing the issuance of any revenue
anticipation bonds under this division shall recite that the undertaking with respect to which
such bonds are to be issued is then leased by the municipality or county...
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