Code of Alabama

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41-14-35
Section 41-14-35 Security for deposits or accounts. (a) All public deposits, as defined
in Chapter 14A, of the state shall be secured to the extent and in the manner provided in
Chapter 14A by any combination of the following securities and instruments, which may be issued
and held in either definitive or book-entry form: Direct obligations of the State of Alabama
or any other state of the United States; obligations of the United States government or that
are fully guaranteed as to payment of principal and interest by the United States; obligations
issued or guaranteed by any agency or instrumentality of the United States, including, without
limitation, the Government National Mortgage Association or any successor thereto, any Federal
Farm Credit Bank or any successor thereto, the Federal Housing Finance Board or any successor
thereto, the Federal Home Loan Bank System or any successor thereto, or any Federal Home Loan
Bank or any successor thereto; debt obligations, including, without...
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11-101A-2
Section 11-101A-2 Definitions. As used in this chapter, the following terms shall have
the following meanings, respectively, unless the context clearly indicates otherwise: (1)
APPLICANT. A natural person who files a written application with the governing body of a county
or municipality, or two or more thereof, in accordance with Section 11-101A-3. (2)
AUTHORITY. A public corporation organized pursuant to this chapter. (3) AUTHORIZING RESOLUTION.
A resolution adopted by the governing body of an authorizing subdivision in accordance with
Section 11-101A-3, that authorizes the incorporation of an authority under this chapter.
(4) AUTHORIZING SUBDIVISION. Each county and municipality with the governing body of which
an application for the incorporation of an authority under this chapter is filed. (5) BOARD.
The board of directors of an authority. (6) BONDS. Any bonds authorized to be issued by an
authority hereunder, including refunding bonds. (7) CODE. The Code of Alabama 1975. (8)...

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22-21-332
Section 22-21-332 Investment of funds. (a) To the extent permitted by the contracts
of the authority with the holders of its securities and if not otherwise specifically prohibited
by any other provision of this article, the authority may invest any portion of the principal
proceeds derived from the sale of any of its securities which is not then needed for any of
the purposes for which such securities were authorized to be issued, the moneys held in any
special fund created pursuant to any resolution or indenture authorizing or securing any of
its securities, and any other moneys of the authority not then needed by it, in any of the
following: (1) Federal securities; (2) Any debt securities that are direct obligations of
any agency of the United States of America; (3) Interest-bearing bank time deposits and interest-bearing
bank certificates of deposit; and (4) Interest-bearing time deposits and interest-bearing
certificates of deposit of any federally-chartered savings and loan...
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11-65-9
Section 11-65-9 Treasurer of commission; investment of funds of commission. The treasurer
of a commission shall collect all the fees, commissions, and other moneys provided for in
this chapter, and shall supervise, check, and audit the operation of the pari-mutuel wagering
pools and the conduct and distribution thereof. A commission may appoint the principal financial
officer of the sponsoring municipality as the treasurer, in which case such officer shall
perform the duties of treasurer, without any compensation other than that to which he or she
is entitled as the principal financial officer of such sponsoring municipality, but he or
she shall be reimbursed for expenses actually incurred in the performance of his or her duties
as treasurer of a commission. The treasurer of a commission shall, with the approval of the
commission, determine the managerial, accounting, and clerical personnel that are necessary
to keep the books and records of such commission and to perform the audit and...
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5-19A-2
Section 5-19A-2 Definitions. The following words and phrases shall have the following
meanings: (1) APPROPRIATE LAW ENFORCEMENT AGENCY. The sheriff of each county in which the
pawnbroker maintains an office, or the police chief of the municipality in which the pawnbroker
maintains an office. (2) ATTORNEY GENERAL. The Attorney General of the State of Alabama. (3)
PAWN TRANSACTION. Any loan on the security of pledged goods or any purchase of pledged goods
on condition that the pledged goods are left with the pawnbroker and may be redeemed or repurchased
by the seller for a fixed price within a fixed period of time. A "pawn transaction"
does not include the pledge to, or the purchase by, a pawnbroker of real or personal property
from a customer followed by the sale or the leasing of that property back to the customer
in the same or a related transaction. (4) PAWNBROKER. Any person engaged in the business of
lending money on the security of pledged goods left in pawn, or in the business of...
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23-1-178
Section 23-1-178 Bonds - Disposition of proceeds. (a) The proceeds of all bonds, other
than refunding bonds, issued by the corporation remaining after paying the expenses of their
issuance shall be deposited in the State Treasury and credited to the Road and Bridge Fund,
and shall be subject to be drawn on by the corporation, upon the approval of the State Department
of Transportation, but solely for the purpose of constructing, reconstructing , or relocating
public roads and bridges, or work incidental or related thereto, including the acquisition
of property necessary therefor, in the State of Alabama; provided, that such funds may be
used only for payment of the state's share or the costs thereof to be paid by any county or
municipality within the state, of the cost of constructing, reconstructing, or relocating
public roads and bridges, or work incidental or related thereto, which have been or will be
constructed, reconstructed, or relocated under programs financed jointly by the...
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41-10-751
Section 41-10-751 Definitions. When used in this article, the following terms shall
have the following meanings, unless the context clearly indicates otherwise: (1) ALABAMA TRUST
FUND. The trust fund of the state created under Amendment 450 to the Constitution of Alabama
of 1901, and appearing as ยง219.02 of the Official Recompilation of the Constitution of Alabama
1901, as amended. (2) APPROPRIATED FUNDS. The BP settlement revenues deposited in the special
fund to the extent such revenues are appropriated to the authority pursuant to Section
41-10-759. (3) AUTHORITY. The Alabama Economic Settlement Authority authorized to be established
pursuant to Section 41-10-752. (4) BONDS. Those bonds, including refunding bonds, issued
pursuant to this article. (5) BP SETTLEMENT REVENUES. Revenues received by the state in settlement
of economic damages claims of the state against BP Exploration and Production, Inc. and any
of its corporate affiliates arising out of the Deepwater Horizon oil spill...
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45-28-91.01
Section 45-28-91.01 Creation; composition; powers and duties. (a) There is hereby created
the new Etowah County Tourism Board. The new board shall consist of one member appointed by
each member of the Etowah County House Legislative Delegation, one member appointed by the
senator representing Etowah County, one member appointed by the county commission, one member
appointed by the Mayor of Gadsden, one member appointed by the Etowah County Mayor's Association,
one member appointed by the Etowah/Gadsden Chamber of Commerce, and one member appointed by
the local hotel industry. Members shall serve two year terms until November 30, 2011, when
the next term shall be four years. No person shall be appointed to the board unless he or
she is a qualified elector of Etowah County. (b) The Etowah County Tourism Board created by
this part shall promote the tourism industry in the county, including, but not limited to,
working with potential visitors; coordinating with media representatives;...
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41-14A-2
Section 41-14A-2 Definitions. As used in this chapter, the following words and terms
shall have the following meanings: (1) AVERAGE MONTHLY BALANCE OF PUBLIC DEPOSITS. The sum
of the average daily balances of public deposits, meaning the net average daily balances of
public deposits determined without any deduction for deposit insurance, for the reported month
and the 11 months preceding that month, divided by 12. (2) BOARD OF DIRECTORS or BOARD. The
Board of Directors of the SAFE Program established under Section 41-14A-6. The board
of directors shall consist of eight members. (3) COLLATERAL-PLEDGING LEVEL or COLLATERAL-PLEDGING
REQUIREMENT. The percentage or percentages of collateral, in relation to one or more levels
of public deposits held, required to be pledged by a qualified public depository as determined
in accordance with the provisions of this chapter or rules or orders of the board adopted
pursuant to this chapter. (4) COVERED PUBLIC ENTITY. The state and its political...
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22-21-179
Section 22-21-179 Powers of corporation. The corporation shall have all the powers and
authority inhering in, or conferred upon, counties in the State of Alabama operating public
hospitals, except as otherwise provided, as well as the following specific powers, together
with all powers incidental thereto or necessary to the discharge thereof in corporate form:
(1) To have succession by its corporate name for the duration of time, which may be in perpetuity,
specified in its certificate of incorporation or until dissolved as provided in Section
22-21-191; (2) Subject to the limitations contained in the provisions of this section,
to maintain actions and have actions maintained against it in its own name in civil, including
ex delicto and ex contractu, actions; (3) To adopt and make use of a corporate seal and to
alter the same at pleasure; (4) To adopt bylaws and amend the same; (5) To receive, acquire,
take and hold, whether by purchase, gift, lease, devise or otherwise, real and...
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