45-37-123.134
Section 45-37-123.134 Purchase of permissive service credit. (a) In general. If a member makes
one or more contributions to the plan to purchase permissive service credit under the plan,
the requirements of § 415, Internal Revenue Code, shall be treated as met with respect to
these contributions if: (1) The requirements of § 415(b), Internal Revenue Code, are met,
determined by treating the accrued benefit derived from all such contributions as an annual
benefit for purposes of § 415(b), Internal Revenue Code, provided, however, the plan shall
not fail to meet the reduced limit under § 415(b)(2)(C), Internal Revenue Code, solely by
reason of this section; or (2) The requirements of § 415(c), Internal Revenue Code, are met,
determined by treating all such contributions as annual additions for purposes of § 415(c),
Internal Revenue Code, provided, however, the plan shall not fail to meet the percentage limitation
under § 415(c)(1)(B), Internal Revenue Code, solely by reason of...
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45-8A-22.118
Section 45-8A-22.118 Maximum benefits; limitations; adjustments. (a) Annual Benefit and Final
Regulations Under Internal Revenue Code Section 415. (1) Annual Benefit. For purposes of this
section, "annual benefit" means the benefit payable annually under the terms of
the plan, exclusive of any benefit not required to be considered for purposes of applying
the limitations of Internal Revenue Code Section 415 to the plan, in the form of a straight
life annuity with no ancillary benefits. If the benefit is payable in any other form, the
annual benefit shall be adjusted to the equivalent of a straight life annuity pursuant to
subsection (c). (2) Final Regulations Under Internal Revenue Code Section 415. Notwithstanding
anything in this section to the contrary, the following provisions apply beginning on or after
January 1, 1976, except as otherwise provided in this section. a. Incorporation by Reference.
The limitations, adjustments, and other requirements prescribed in the plan shall...
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45-8A-22.124
Section 45-8A-22.124 Eligible rollover distribution; direct rollover. (a) Rollovers Generally.
(1) Notwithstanding any provision of the plan to the contrary that would otherwise limit a
distributee's election under this section, a distributee may elect, at the time and in the
manner prescribed by the retirement board, to have any portion of an eligible rollover distribution
paid directly to an eligible retirement plan specified by the distributee in a direct rollover.
(2) Definitions. a. Eligible Rollover Distribution. An eligible rollover distribution is any
distribution of all or any portion of the balance to the credit of the distributee, except
that an eligible rollover distribution does not include: 1. Any distribution that is one of
a series of substantially equal periodic payments, not less frequently than annually, made
for the life, or life expectancy, of the distributee or the joint lives, or joint life expectancies,
of the distributee and the distributee's designated...
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8-6-10
Section 8-6-10 Registration of securities - Exempt securities. Sections 8-6-4 through 8-6-9
shall not apply to any of the following securities: (1) Any security, including a revenue
obligation, issued or guaranteed by the United States, any state, any political subdivision
of a state, any agency, corporate, or other instrumentality of one or more of the foregoing;
or any certificate of deposit for any of the foregoing. (2) Any security issued or guaranteed
by Canada, any Canadian province, any political subdivision of any province, any agency, corporate,
or other instrumentality of one or more of the foregoing or any other foreign government with
which the United States currently maintains diplomatic relations if the security is recognized
as a valid obligation by the issuer or guarantor. (3) Any security issued by and representing
an interest in or a debt of, or guaranteed by, any bank organized under the laws of the United
States or any bank, savings institution, or trust company...
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11-50-506
Section 11-50-506 Effect of chapter on existing laws, etc. The authority granted municipalities
under the provisions of this chapter shall not be construed so as to repeal, restrict, modify,
or otherwise limit any authority now conferred on any municipality by any existing general,
local, or special law or to affect any such board created or existing by virtue of a local
act. (Acts 1939, No. 463, p. 675; Code 1940, T. 18, §76.)...
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17-7-1
Section 17-7-1 Payment for machines. The county commission or city commission or such other
authority as levies the taxes for county or city purposes of any county or city which adopts
the use of electronic voting machines, shall, upon the purchase, rental, or lease thereof,
provide for payment therefor by the county or city; provided, that bonds or other evidences
of indebtedness, payable not later than 15 years from their dates of issuance, may be issued
in accordance with the provisions of law relating to the increase of indebtedness of counties
or cities, to meet all or any part of the cost of the electronic voting machines. (Acts 1939,
No. 292, p. 443; Code 1940, T. 17, §98; §17-9-8; amended and renumbered by Act 2006-570,
p. 1331, §37.)...
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19-3-123
Section 19-3-123 Mortgages insured by secretary of housing and urban development - Investment.
It shall be lawful for trustees, executors, administrators, guardians and other fiduciaries
to invest their funds and the moneys in their custody or possession eligible for investment
in mortgages which have been accepted for insurance by the secretary of housing and urban
development or his predecessor officer pursuant to Title 2 of the National Housing Act. No
law of this state requiring security upon which loans or investments may be made or prescribing
the nature, amount or form of such security or prescribing or limiting the period for which
loans or investments may be made shall be deemed to apply to loans or investments made pursuant
to the foregoing paragraph. (Acts 1935, No. 53, p. 124; Code 1940, T. 58, §50.)...
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22-19-73
Section 22-19-73 Statistical and demographic information on organ donor designations. The Alabama
State Law Enforcement Agency shall quarterly electronically transfer statistical and demographic
information including, but not limited to, the name, most recent address, and date of birth,
if available, of any person who has a current driver's license or nondriver identification
card and who has designated that he or she wishes to be an organ donor to the federally certified
Alabama Organ Procurement Organization that is a member of and abides by the rules and regulations
of the United Network for Organ Sharing. This information shall be copied by the department
quarterly and electronically transferred to eye and tissue procuring organizations in Alabama
operating under the oversight of the United States Food and Drug Administration and accredited
by the respective national accrediting body, including, but not limited to, the Eye Bank Association
of America and the American Association of...
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31-2-13
Section 31-2-13 Service benefits for government employees, etc. (a) Military leave of absence.
All officers and employees of the State of Alabama, or of any county, municipality, or other
agency or political subdivision thereof, or officers or employees of any public or private
business or industry who are active members of the Alabama National Guard, Naval Militia,
the Alabama State Guard organized in lieu of the National Guard, the civilian auxiliary of
the United States Air Force known as the Civil Air Patrol, the National Disaster Medical System,
or of any other reserve component of the uniformed services of the United States, shall be
entitled to military leave of absence from their respective civil duties and occupations on
all days that they are engaged in field or coast defense or other training or on other service
ordered under the National Defense Act, the Public Health Security and Bioterrorism Preparedness
and Response Act of 2002, or of the federal laws governing the...
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31-2-59
Section 31-2-59 Adjutant General - Status and duties upon call, etc., into federal service
of National Guard. The Adjutant General shall be qualified for commission and shall be commissioned,
if authorized by the laws of the United States now or hereafter enacted, in the Adjutant General's
corps, or such other corps or branch of the service as will enable him to perform all duties
required of him within the state by the National Defense Act, a federal draft, selective service
or similar act operative in a national emergency. He shall have a military status in this
state, if provided by the laws of the United States now or hereafter enacted, during periods
in which the National Guard of Alabama is in the federal service under a call, draft, order,
or other means of induction into the federal military or naval service, that will enable him
to work in an advisory capacity, or other authorized capacity, to the Governor in the execution
of a federal selective service or similar law, or such...
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