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2-8-12
Section 2-8-12 Collection of assessments; deductions for expenses. In the event the
required number of cattle owners approve, by a referendum as provided in this article, the
levying of an assessment upon the sale of cattle for a promotional program, the Commissioner
of Agriculture and Industries shall, within 30 days, notify in writing every person licensed
to operate a livestock market under authority of Sections 2-15-60 through 2-15-71, as well
as every person who operates a meat packing or slaughter establishment which buys cattle or
calves directly from the producer, that on or after the date designated in such notice, which
shall be not less than 30 nor more than 60 days after the mailing of such notice by the Commissioner
of Agriculture and Industries, the amount of the assessment shall be deducted by all such
sales markets or purchasers of cattle and calves or by their agents or representatives from
the purchase price paid to the seller of such cattle and calves, where such...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/2-8-12.htm - 2K - Match Info - Similar pages
27-29-4
Section 27-29-4 Registration of insurers. (a)(1) Every insurer which is authorized to
do business in this state and which is a member of an insurance holding company system shall
register with the commissioner, except a foreign insurer subject to registration requirements
and standards adopted by statute or regulation in the jurisdiction of its domicile which are
substantially similar to those contained in this section and both of the following:
a. Subdivision (1) of subsection (a) of Section 27-29-5, and subsections (b) and (d)
of Section 27-29-5. b. Either subdivision (2) of subsection (a) of Section 27-29-5
or a provision such as the following: Each registered insurer shall keep current the information
required to be disclosed in its registration statement by reporting all material changes or
additions within 15 days after the end of the month in which it learns of each change or addition.
(2) Any insurer which is subject to registration under this section shall register
within 15...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-29-4.htm - 8K - Match Info - Similar pages
27-29-3.1
Section 27-29-3.1 Acquisition involving change in control of insurer authorized to do
business in Alabama; pre-acquisition notification; violation of competitive standards. (a)
The following definitions shall apply for the purposes of this section only: (1) ACQUISITION.
Any agreement or arrangement the consummation of which results in a person acquiring directly
or indirectly the control of another person, and includes, but is not limited to, the acquisition
of voting securities, the acquisition of assets, bulk reinsurance, and mergers. (2) INVOLVED
INSURER. Includes an insurer which either acquires or is acquired, is affiliated with an acquirer
or acquired, or is the result of a merger. (b)(1) Except as exempted in subdivision (2), this
section applies to any acquisition in which there is a change in control of an insurer
authorized to do business in this state. (2) This section shall not apply to the following:
a. A purchase of securities solely for investment purposes so long as the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-29-3.1.htm - 12K - Match Info - Similar pages
27-2-21
Section 27-2-21 Examinations - Affairs, etc., of insurers and surplus line brokers.
(a) For the purpose of determining its financial condition, ability to fulfill its obligations
and compliance with the law, the commissioner shall examine the affairs, transactions, accounts,
records, and assets of each authorized insurer, and the records of surplus line brokers restricted
to those matters under Section 27-10-29, including the attorney-in-fact of a reciprocal
insurer insofar as insurer transactions are involved as often as the commissioner deems appropriate
but shall, at a minimum, conduct an examination of every insurer licensed in this state not
less frequently than once every five years. In scheduling and determining the nature, scope,
and frequency of the examinations, the commissioner shall consider such matters as the results
of financial statement analyses and ratios, changes in management or ownership, actuarial
opinions, reports of independent certified public accountants, and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-2-21.htm - 3K - Match Info - Similar pages
2-22-20
Section 2-22-20 Rules and regulations. For the administration and enforcement of this
chapter, the board is authorized to adopt and promulgate reasonable rules and regulations
relating to the sale and distribution of commercial fertilizers necessary to carry out the
full intent and meaning of this chapter, including, but not limited to, fixing tolerances
for plant food deficiency penalty assessments pursuant to Section 2-22-12, providing
for the incorporation into commercial fertilizer of such other substances as pesticides and
the proper labeling of such mixture, establish a fee together with such other rules and regulations
reasonably necessary to implement, make specific, and interpret the provisions of this chapter.
Notwithstanding any other provisions of this chapter and specifically the provisions of subdivision
(5) of Section 2-22-2 relating to guaranteed analysis, the commissioner with the approval
of the board shall be authorized to require by rules and regulations that the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/2-22-20.htm - 1K - Match Info - Similar pages
2-8-57
Section 2-8-57 Expenditure of assessments. The funds derived from any assessments levied
upon the sale of swine as authorized under this article shall be used and expended by the
certified association, after such funds are remitted to it by the Commissioner of Agriculture
and Industries, for the purpose of promoting and stimulating by advertising and other methods
the increased use and sale of swine and swine products, and such funds may also be used for
the financing or contributing toward the financing of research, experimental and educational
programs for the efficient and economical production, distribution, processing and marketing
of swine and swine products. The certified association may enter into cooperative agreements
with appropriate agencies of any public or private institution or organization, and funds
derived from assessments, to the extent agreed upon, may be contributed to such public or
private institution or agency for such research, experimental and educational work...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/2-8-57.htm - 2K - Match Info - Similar pages
2-8-286
Section 2-8-286 Expenditure of assessments. The funds derived from any assessments levied
upon the sale of catfish feed as authorized under this article shall be used and expended
by the certified association, after such funds are remitted to it by the Commissioner of Agriculture
and Industries, for the purpose of promoting and stimulating by advertising and other methods
the increased use and sale of catfish and catfish products, and such funds may also be used
for the financing or contributing toward the financing of research, experimental and educational
programs for the efficient and economical production, distribution, processing and marketing
of catfish and catfish products. The certified association may enter into cooperative agreements
with appropriate agencies of any public or private institution or organization, and funds
derived from assessments, to the extent agreed upon, may be contributed to such public or
private institution or agency for such research, experimental and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/2-8-286.htm - 2K - Match Info - Similar pages
22-21-361
Section 22-21-361 Definitions. The following terms shall have the meanings respectively
ascribed by this section unless the context clearly indicates otherwise: (1) COMMISSIONER.
The commissioner of insurance of this state. (2) DENTAL SERVICE PLAN or PLAN. Any plan or
other arrangement whereby dental services are provided in whole or in part through a dental
service corporation by dentists participating in the plan to provide dental services to those
members of the public who become subscribers to the plan under a contract with such corporation.
The terms "dental service plan" or "plan" do not include an insurer authorized
by the insurance department to transact insurance in this state or to a nonprofit health insurance
plan organized pursuant to Section 10-4-100, or to any policy of insurance or contract
which includes dental benefits issued by such insurer or nonprofit health insurance plan.
(3) DEPARTMENT. The Department of Insurance. (4) LICENSE. The certificate of authority issued...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-21-361.htm - 1K - Match Info - Similar pages
27-17A-14
Section 27-17A-14 Surety bond. (a) As an alternative to the trust requirement of Section
27-17A-13, the details of which are set forth in Articles 3 and 4, a preneed provider may,
with the prior approval of the commissioner, purchase a surety bond in an amount not less
than the aggregate value of outstanding liabilities on undelivered preneed contracts for merchandise,
services, and cash advances. For the purposes of this section, the term outstanding
liabilities means the original retail amount of services and cash advances and the actual
cost to the entity to provide the undelivered merchandise sold on each contract written after
April 30, 2002. The surety bond shall be in an amount sufficient to cover the outstanding
liability at the time each contract is executed. (b) The bond shall be made payable to the
State of Alabama for the benefit of the commissioner and of all purchasers of preneed merchandise,
services, and cash advances. The bond shall be issued by an insurance company...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-17A-14.htm - 4K - Match Info - Similar pages
27-27-56
Section 27-27-56 Insider trading of domestic stock insurer equity securities - Exemptions
from Sections 27-27-54 and 27-27-55; prescription of terms and conditions thereon. The provisions
of Section 27-27-54 shall not apply to any purchase and sale or sale and purchase and
the provisions of Section 27-27-55 shall not apply to any sale of an equity security
of a domestic stock insurance company not then, or theretofore, held by him in an investment
account by a dealer in the ordinary course of his business and incident to the establishment,
or maintenance by him, of a primary or secondary market, otherwise than on an exchange as
defined in the Securities Exchange Act of 1934, for such security. The commissioner may, by
such rules and regulations as he deems necessary or appropriate in the public interest, define
and prescribe terms and conditions with respect to securities held in an investment account
and transactions made in the ordinary course of business and incident to the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-27-56.htm - 1K - Match Info - Similar pages
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