Code of Alabama

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16-17A-2
university in the state or a university that operates a school of medicine. (2) AUTHORITY.
A public corporation organized pursuant to the provisions of this chapter. (3) BOARD. The
board of directors of an authority. (4) DIRECTOR. A member of the board of an authority. (5)
GOVERNMENTAL ENTITY. The state, a county, a municipality, or any department, agency, board,
or commission of the state, a county, or a municipality. (6) HEALTH CARE FACILITY. All property
or rights in property, real or personal, tangible or intangible, useful to an authority
in its operations, including without limitation, the following: a. Facilities necessary or
desirable to the operation of an academic medical center, one or more health sciences schools,
hospitals, public health care clinics, treatment centers, emergency facilities, outpatient
facilities, laboratories, service or support facilities, and any other facilities related
to the operation of any of the foregoing. b. Biomedical or public health...
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27-29-1
gross written premiums of the insurance holding company system are at least ten billion dollars
($10,000,000,000). (9) PERSON. An individual, a corporation, a limited liability company,
a partnership, an association, a joint-stock company, a trust, an unincorporated organization,
or any similar entity or any combination of the foregoing acting in concert, but shall not
include any joint venture partnership exclusively engaged in owning, managing, leasing, or
developing real or tangible personal property. (10) SECURITYHOLDER. One who owns any
security of such person, including common stock, preferred stock, debt obligations, and other
security convertible into, or evidencing, the right to acquire any of the foregoing. (11)
SUBSIDIARY. An affiliate controlled by such person, directly or indirectly, through one or
more intermediaries. (12) VOTING SECURITY. The term shall include any security convertible
into, or evidencing, a right to acquire a voting security. (Acts 1973, No. 1042,...
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40-14A-1
Section 40-14A-1 Definitions. For purposes of this chapter, the following terms shall mean:
(a) ALABAMA S CORPORATION. An S corporation defined under Section 40-18-160. (b) C CORPORATION.
A corporation other than an Alabama S corporation. (c) CODE. The Internal Revenue Code of
1986, as amended from time to time. (d) CORPORATION. An entity, including a limited liability
company electing to be taxed as a corporation for federal income tax purposes, through which
business can be conducted while offering limited liability to the owners of the entity with
respect to some or all of the obligations of the entity, other than a limited liability entity
or a disregarded entity. The term "corporation" shall include but not be limited
to the following: Corporations, professional corporations, joint stock companies, unincorporated
professional associations, real estate investment trusts, limited liability companies electing
to be taxed as corporations for federal income tax purposes, and all...
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8-6-3
Section 8-6-3 Registration and bonds of dealers, agents, investment advisers, etc. (a) It is
unlawful for any person to transact business in this state as a dealer or agent for securities
unless he or she is registered under this article. It is unlawful for any dealer or issuer
to employ an agent unless the agent is registered. (b) It is unlawful for any person to transact
business in this state as an investment adviser or as an investment adviser representative
unless: (1) He or she is so registered under this article; (2) His or her only clients in
this state are investment companies as defined in the Investment Company Act of 1940, other
investment advisers, broker-dealers, banks, trust companies, savings and loan associations,
insurance companies, employee benefit plans with assets of not less than $1,000,000, and governmental
agencies or instrumentalities, whether acting for themselves or as trustees with investment
control, or other institutional investors as are designated by...
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24-1-27
in connection with a project. (10) To lease or rent any of the dwelling or other accommodations
or any of the lands, buildings, structures, or facilities embraced in any housing project
and to establish and revise the rents or charges therefor. (11) To enter upon any building
or property in order to conduct investigations or to make surveys or soundings. (12) To purchase,
lease, obtain options upon, acquire by eminent domain, gift, grant, bequest, devise, or otherwise,
any property, real or personal, or any interest therein from any person, firm, corporation,
city, or government. (13) To sell, exchange, transfer, assign, or pledge any property, real
or personal, or any interest therein to any person, firm, corporation, city, or government.
(14) To own, hold, clear, and improve property. (15) To pay over to the city in which the
authority is organized all or any part of the proceeds received from the sale of any real
or personal property; provided, however, that an authority may pay...
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40-29-22
the existence of such lien. (2) MOTOR VEHICLES. With respect to a motor vehicle (as defined
in subsection (g)(3)), as against a purchaser of such motor vehicle, if: a. At the time of
the purchase such purchaser did not have actual notice or knowledge of the existence of such
lien; and b. Before the purchaser obtains such notice or knowledge, he has acquired possession
of such motor vehicle and has not thereafter relinquished possession of such motor vehicle
to the seller or his agent. (3) PERSONAL PROPERTY PURCHASED AT RETAIL. With respect
to tangible personal property purchased at retail, as against a purchaser in the ordinary
course of the seller's trade or business, unless at the time of such purchase such purchaser
intends such purchase to (or knows such purchase will) hinder, evade, or defeat the collection
of any tax under this title. (4) PERSONAL PROPERTY PURCHASED IN CASUAL SALE. With respect
to household goods, personal effects, or other tangible personal property purchased...

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5-3A-1
Section 5-3A-1 Required times; items to be examined; applicability to bank holding companies
and affiliates. (a) For purposes of this section, a bank holding company is a holding company
organized under the laws of Alabama or another state in the United States that directly owns
a majority of the voting securities of an Alabama state bank. (b) Every bank other than national
banks shall be subject to the supervision and inspection of the superintendent and the regulations
and supervision thereof. The superintendent shall, by competent examiner appointed by him
or her, visit and examine every bank organized under the laws of Alabama at least once in
each eighteen-month period. The examination of banks shall be at irregular intervals. On every
examination, inquiry shall be made as to the conditions and resources of the bank, the mode
of conducting and managing the affairs of the bank, the action of its directors, the investment
of the funds of the bank, the safety and prudence of the...
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11-50A-1
this chapter and any successor or successors thereto. (2) BOARD. The board of directors of
the authority. (3) BONDS. Any bonds issued by the authority under the provisions of this chapter,
including refunding bonds. (4) BOND ANTICIPATION NOTES. Short term obligations issued by the
authority in anticipation of the issuance of bonds. (5) COSTS. All costs of acquisition, construction,
reconstruction, improvement, equipment, alteration, repair, or extension of any project; all
costs of real and personal property required for the purposes of any project, including
any rights or undivided interest therein; all costs of easements, franchises, water rights,
fees, permits, approvals, licenses, and certificates, and all costs of securing any permits,
approvals, licenses, and certificates, and preparing applications therefor; all costs of machinery
and equipment, including equipment for use in connection with construction; all costs of the
initial fuel supply or additional fuel inventories...
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11-101A-8
subject, however, to Chapter 93 of this title, which chapter is hereby made applicable to the
authority. (3) To adopt, alter, amend, and repeal bylaws, regulations, and rules for the regulation
and conduct of its affairs and business. (4) To adopt and make use of a corporate seal and
to alter the same at pleasure. (5) To acquire, whether by purchase, construction, exchange,
gift, lease, or otherwise and to improve, maintain, equip, and furnish one or more projects,
including all real and personal properties which the board deems necessary in connection
therewith, regardless of whether any projects are then in existence, at such place or places,
within and without the boundaries of its authorizing subdivisions, as it considers necessary
or advisable. (6) To lease or otherwise make available its projects or other of its properties
or assets, with or without charge, to the United States or to one or more of its authorizing
subdivisions, for sublease to the United States, on such terms...
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24-1-66
in connection with a project; (10) To lease or rent any of the dwelling or other accommodations
or any of the lands, buildings, structures, or facilities embraced in any housing project
and to establish and revise the rents or charges therefor; (11) To enter upon any building
or property in order to conduct investigations or to make surveys or soundings; (12) To purchase,
lease, obtain options upon, acquire by eminent domain, gift, grant, bequest, devise, or otherwise,
any property, real or personal, or any interest therein from any person, firm, corporation,
city, county, or government; (13) To sell, exchange, transfer, assign or pledge any property,
real or personal, or any interest therein to any person, firm, corporation, city, county,
or government; (14) To own, hold, clear, and improve property; (15) To insure or provide for
the insurance of the property or operations of the authority against such risks as the authority
may deem advisable; (16) To procure insurance or guarantees...
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