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16-25-21
Section 16-25-21 Method of financing. Effective October 1, 1997, all the assets of the retirement
system shall be credited according to the purpose for which they are held among three funds,
namely: The Annuity Savings Fund, the Pension Accumulation Fund, and the Expense Fund. The
operation of the former Pension Reserve Fund and the Annuity Reserve Fund shall be discontinued
as of such date, the balance of the former Pension Reserve Fund shall be transferred to the
Pension Accumulation Fund, and the balance of the former Annuity Reserve Fund shall be transferred
to the Pension Accumulation Fund. (1) The Annuity Savings Fund shall be a fund in which shall
be accumulated contributions from the compensation of members to provide for their annuities.
Contributions to and payments from the Annuity Savings Fund shall be made as follows: a. Each
employer shall cause to be deducted from the salary of each member on each and every payroll
of such employer for each and every payroll period five...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-25-21.htm - 15K - Match Info - Similar pages
33-15-6
Section 33-15-6 Powers, duties and functions generally. The general powers, duties and functions
of the authority shall be as follows: (1) GENERAL. The authority: a. Shall have perpetual
succession in its corporate name; b. May bring civil actions and have civil actions brought
against it in its corporate name; c. May adopt, use, and alter a corporate seal, which shall
be judicially noticed; d. May enter into such contracts and cooperative agreements with federal,
state and local governments, with agencies of such governments and with private individuals,
corporations, associations and other organizations, including the Bear Creek Watershed Association,
Inc., whether organized under the laws of Alabama or of another state, as the board may deem
necessary or convenient to enable it to carry out the purposes of this article, which authorization
shall include without limitation contracts and cooperative arrangements with any of the several
states and with counties and municipalities in...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/33-15-6.htm - 9K - Match Info - Similar pages
45-37A-51.03
Section 45-37A-51.03 Board of managers. (a)(1) In order to assure representation of all participants
of this system, there shall be a board of managers of five members for the administration,
management, and control of the supplemental pension system, including administration, management,
control, acquisition, and disbursement of the fund. The board shall consist of the president
of the governing body of the city, who shall be chair of the board, and four associate members,
designated respectively as Member No. 1, Member No. 2, Member No. 3, and Member No. 4. (2)
Member No. 1 shall be appointed by the Jefferson County Personnel Board and shall be a person
who at the time of appointment has had five or more consecutive years immediately preceding
his or her appointment and has been an officer of, or the occupant of an executive position
in insurance, actuarial, investment, banking, or as a certified public accountant and shall
serve for a term of four years. Should the appointed Member...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-37A-51.03.htm - 11K - Match Info - Similar pages
27-29-3
Section 27-29-3 Acquisition of control of, or merger with, domestic insurers. (a)(1) No person
other than the issuer shall make a tender offer for or a request or invitation for tenders
of, or enter into any agreement to exchange securities for, seek to acquire, or acquire in
the open market any voting security of a domestic insurer if, after the consummation thereof,
such person would, directly or indirectly, or by conversion or by exercise of any right to
acquire, be in control of such insurer, and no person shall enter into an agreement to merge
with or otherwise to acquire control of a domestic insurer, or any person controlling a domestic
insurer unless, at the time any such offer, request, or invitation is made or any such agreement
is entered into, or prior to the acquisition of such securities if no offer or agreement is
involved such person has filed with the commissioner and has sent to such insurer a statement
containing the information required by this section and such...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-29-3.htm - 17K - Match Info - Similar pages
8-6-11
Section 8-6-11 Registration of securities - Exempt transactions. (a) Except as hereinafter
in this section expressly provided, Sections 8-6-3 through 8-6-9 shall not apply to any of
the following transactions: (1) Any isolated nonissuer transaction, whether effected through
a dealer or not; (2) Any nonissuer transaction in an outstanding security by a registered
dealer if: a. The issuer has a class of securities subject to registration under Section 12
of the Securities Exchange Act of 1934 and has been subject to the reporting requirements
of Sections 13 or 15(d) of the Securities Exchange Act of 1934 for not less than 180 days
before the transaction; or has filed and maintained with the commission for not less than
180 days before the transaction information, in such form as the commission, by rule, specifies,
substantially comparable to the information which the issuer would be required to file under
Section 12(b) or Section 12(g) of the Securities Exchange Act of 1934, or the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/8-6-11.htm - 13K - Match Info - Similar pages
2-10-1
Section 2-10-1 Use of word "cooperative" in title. No person, firm, corporation or
association organized or doing business in this state as a cooperative association to market
agricultural products shall be entitled to use the word "cooperative" as a part
of its corporate or other business name or title unless it has complied with the provisions
of this chapter. (Acts 1921, Ex. Sess., No. 31, p. 38; Code 1923, §7147; Code 1940, T. 2,
§105; Acts 1959, No. 591, p. 1480.)...
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2-10-104
Section 2-10-104 Certain civil actions authorized. An association incorporated under this article
may institute and defend civil actions and may collect, institute civil actions for and realize
on claims for the purchase money of products sold by it for its members or nonmembers, and
on claims for freight overcharges on and for loss and damage to shipments made by it for its
members or nonmembers for the use and benefit of such persons. (Acts 1935, No. 220, p. 604;
Code 1940, T. 2, §128.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/2-10-104.htm - 801 bytes - Match Info - Similar pages
2-10-50
Section 2-10-50 Definitions. As used in this article, the following words and phrases shall
have the meanings respectively ascribed to them in this section: (1) AGRICULTURAL PRODUCTS.
Such term shall include horticultural, viticultural, forestry, dairy, livestock, poultry,
bee, fish, aquatic and seafood products and any farm products. (2) MEMBER. Such term shall
include actual members of associations without capital stock and holders of common stock in
organizations organized with capital stock. (3) ASSOCIATION. Any corporation organized under
this article. (4) PERSON. Such term shall include individuals, firms, partnerships and associations.
(5) PRODUCTION OF AGRICULTURAL PRODUCTS. Such term shall include fishing activities and the
harvesting of aquatic and seafood products as well as the production of other agricultural
or farm products hereinabove defined in subdivision (1) of this section. (Acts 1921, Ex. Sess.,
No. 31, p. 38; Code 1923, §7127; Code 1940, T. 2, §85; Acts 1973,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/2-10-50.htm - 1K - Match Info - Similar pages
2-8-170
Section 2-8-170 Permit required of sellers of hens. Any individual, partnership, corporation,
association or other business unit which sells hens in Alabama shall, in the event assessments
are required to be added to the purchase price of such hens under the provisions of this article,
obtain from the Commissioner of Agriculture and Industries a permit which shall authorize
such individual or business firm to engage in business in Alabama. The permit shall be valid
and effective for an indefinite period unless revoked by the commissioner for failure to comply
with the provisions of this article. The application for a permit shall be accompanied by
a fee of $10.00 which shall be deposited in the State Treasury to the credit of the Agricultural
Fund. The permit shall be conditioned upon compliance with the provisions of this article
and rules and regulations duly adopted for carrying out the requirements of this article relative
to the remittance of assessments by individuals or business...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/2-8-170.htm - 1K - Match Info - Similar pages
7-2A-103
Section 7-2A-103 Definitions and index of definitions. (1) In this article unless the context
otherwise requires: (a) "Buyer in ordinary course of business" means a person who
in good faith and without knowledge that the sale to him or her is in violation of the ownership
rights or security interest or leasehold interest of a third party in the goods, buys in ordinary
course from a person in the business of selling goods of that kind but does not include a
pawnbroker. "Buying" may be for cash or by exchange of other property or on secured
or unsecured credit and includes receiving goods or documents of title under a pre-existing
contract for sale but does not include a transfer in bulk or as security for or in total or
partial satisfaction of a money debt. (b) "Cancellation" occurs when either party
puts an end to the lease contract for default by the other party. (c) "Commercial unit"
means such a unit of goods as by commercial usage is a single whole for purposes of lease
and...
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