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2-10-54
Section 2-10-54 Powers of association. Each association incorporated under this article
shall have the following powers: (1) To engage in any activity in connection with the marketing,
selling, harvesting, preserving, drying, processing, canning, packing, storing, handling,
ginning or utilization of any agricultural products produced or delivered to it by its members;
(2) To engage in any activity in connection with the manufacturing or marketing of the by-products
thereof; (3) To engage in any activity in connection with the purchase, hiring or use by its
members of supplies, machinery or equipment; (4) To engage in the financing of any one or
more of the activities specified in this section; (5) To borrow money and to make advances
to members; (6) To act as the agent or representative of any member or members in any of the
above-mentioned activities; (7) To purchase or otherwise acquire and to hold, own and exercise
all rights of ownership in and to sell, transfer or pledge shares of...
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2-10-99
Section 2-10-99 Powers of association. An association incorporated under this article
shall have the power to: (1) Contract and be contracted with; (2) Borrow and lend money; (3)
Issue notes, bonds and other obligations and secure the payment of the same by mortgage or
otherwise; (4) Buy, contract for, own, sell, convey, pledge, mortgage and otherwise have,
use and dispose of property of all kinds, insofar as not prohibited by law; (5) Promote and
carry out the purpose of this article to market the agricultural products of its members,
cooperatively in pools or otherwise and collect for the same; (6) Purchase such products from
its members; (7) Advance money upon such products to its members; (8) Act as agents for its
members; (9) Process, condition, pack, store and otherwise safeguard, care for and make ready
for market the agricultural products of its members; (10) Purchase for and distribute to its
members and purchase and sell to its members seed, plants, fertilizers, machinery,...
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25-4-10
Section 25-4-10 Employment. (a) Subject to other provisions of this chapter, "employment"
means: (1) Any service performed prior to January 1, 1978, which was employment as defined
in this section prior to such date and, subject to the other provisions of this section,
services performed for remuneration after December 31, 1977, including service in interstate
commerce, by: a. Any officer of a corporation; or b. Any individual who, under the usual common
law rules applicable in determining the employer-employee relationship, has the status of
an employee; or c. Any individual other than an individual who is an employee under paragraphs
a. or b. of this subdivision (1) who performs services for remuneration for any person: 1.
As an agent-driver or commission-driver engaged in distributing meat products, bakery products,
beverages (other than milk) or laundry or dry cleaning services for a principal; 2. As a traveling
or city salesman engaged upon a full-time basis in the solicitation on...
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2-10-53
Section 2-10-53 Objects of association. An association may be organized under this article
to engage in any activity in connection with the marketing or selling of the agricultural
products of its members or with the harvesting, preserving, drying, processing, canning, packing,
storing, handling, shipping, ginning or utilization thereof or in connection with the manufacturing,
selling or supplying to its members of machinery, equipment or supplies or in the financing
of the above enumerated activities or in any one or more of the activities specified in this
section. (Acts 1921, Ex. Sess., No. 31, p. 38; Code 1923, §7130; Code 1940, T. 2,
§88.)...
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2-10-69
Section 2-10-69 Association may form, own or control another corporation. The association
may organize, form, operate, own, control, have an interest in, own stock of or be a member
of any other corporation or corporations, with or without capital stock, engaged in preserving,
drying, processing, canning, packing, storing, handling, shipping, ginning, utilizing, manufacturing,
marketing or selling the agricultural products handled by the association or the by-products
thereof. (Acts 1921, Ex. Sess., No. 31, p. 38; Code 1923, §7148; Code 1940, T. 2, §106.)...
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2-10-101
Section 2-10-101 How federation organized and managed. Five or more associations or
corporations organized under this article, or whose purposes and operations are in any way
promotive of, and not inconsistent with, the purposes of this article, whether incorporated
under this article or not, may organize and incorporate a federation with such incorporated
associations as members thereof, such incorporated federation to be managed by a board of
directors to be composed of representatives of such constituent member associations. The articles
of association and incorporation for such federation shall contain the names of the constituent
member associations, and the signatures thereto shall be those of an executive officer of
each of the constituent associations. The other procedure and details of incorporation shall
be the same as provided in this article for the incorporation of the constituent incorporated
associations, and the organization meeting and adoption of bylaws shall be by...
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2-10-62
Section 2-10-62 Certificate of membership; stock of association; member's liability
for association's debts. When a member of an association established without capital stock
has paid his membership fee in full, he shall receive a certificate of membership. No association
shall issue stock to a member until it has been fully paid for. The promissory notes of the
members may be accepted by the association as full or partial payment. The association shall
hold the stock as security for the payment of the note, but such retention as security shall
not affect the member's right to vote. Except for debts lawfully contracted between him and
the association, no member shall be liable for the debts of the association to an amount exceeding
the sum remaining unpaid on his membership fee or his subscription to the capital stock, including
any unpaid balance or any promissory notes given in payment thereof. No stockholder of a cooperative
association shall own more than 20 percent of the common...
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2-10-98
Section 2-10-98 Organization with capital stock. Incorporated associations may be organized
under this article with capital stock at the option of the organizers. In that event the association
shall be organized by the same method and for the same recording fee as in the case of those
associations organized without capital stock, except that the articles of association shall
set forth also that the association is organized with capital stock and the amount of capital
stock authorized with particulars as to the class or classes thereof and the par value of
shares. There shall be no individual liability on the part of shareholders, members, officers
or directors for the obligations of the corporation. The articles of association may provide
for preferred stock as well as common stock, but all shares shall have a definite par value,
and all shares of the same class shall have the same par value. If so divided, the articles
of incorporation must contain a statement of the number of shares...
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45-7-241
Section 45-7-241 Levy of tax; disposition of funds; construction with state sales tax
statutes. (a) The following words, terms, and phrases as used in this section shall
have the following respective meanings except where the context clearly indicates a different
meaning: (1) "Commissioner" means the Commissioner of Revenue of the State. (2)
"County" means Butler County in the State of Alabama. (3) "Fiscal Year"
means the period commencing on October 1 of each calendar year and ending on September 30
of the next succeeding calendar year. (4) "Month" means a calendar month. (5) "Quarterly
Period" means the period of three months ending on the last of each March, June, September,
and December. (6) "Registered Seller" means the person registered with the State
Department of Revenue pursuant to the state use tax statutes or licenses under the state sales
tax statutes. (7) "State" means the State of Alabama. (8) "State Department
of Revenue" means the Department of Revenue of the State. (9)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-7-241.htm - 20K - Match Info - Similar pages
27-60-2
Section 27-60-2 Interstate Insurance Product Regulation Compact. The State of Alabama
hereby agrees to the following interstate compact known as the Interstate Insurance Product
Regulation Compact: ARTICLE I. PURPOSES. The purposes of this compact are, through means of
joint and cooperative action among the compacting states: 1. To promote and protect the interest
of consumers of individual and group annuity, life insurance, disability income, and long-term
care insurance products; 2. To develop uniform standards for insurance products covered under
the compact; 3. To establish a central clearinghouse to receive and provide prompt review
of insurance products covered under the compact and, in certain cases, advertisements related
thereto, submitted by insurers authorized to do business in one or more compacting states;
4. To give appropriate regulatory approval to those product filings and advertisements satisfying
the applicable uniform standard; 5. To improve coordination of...
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