Code of Alabama

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16-25-20
Section 16-25-20 Management of funds. (a) (1) The Board of Control shall be the trustees of
the several funds of the Teachers' Retirement System created by this chapter as provided in
Section 16-25-21, and shall have full power to invest and reinvest the funds, through its
Secretary-Treasurer, in the classes of bonds, mortgages, common and preferred stocks, shares
of investment companies or mutual funds, or other investments as the Board of Control may
approve, with the care, skill, prudence, and diligence under the circumstances then prevailing
that a prudent man acting in a like capacity and familiar with the matters would use in the
conduct of an enterprise of a like character and with like aims; and, subject to like terms,
conditions, limitations, and restrictions, the Board of Control, through its Secretary-Treasurer,
shall have full power to hold, purchase, sell, assign, transfer, and dispose of any investments
in which the funds created herein shall have been invested, as well...
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28-3-1
Section 28-3-1 Definitions. As used in this title, the following words shall have the following
meanings unless the context clearly indicates otherwise: (1) ALCOHOLIC BEVERAGES. Any alcoholic,
spirituous, vinous, fermented, or other alcoholic beverage, or combination of liquors and
mixed liquor, a part of which is spirituous, vinous, fermented, or otherwise alcoholic, and
all drinks or drinkable liquids, preparations or mixtures intended for beverage purposes,
which contain one-half of one percent or more of alcohol by volume, and shall include liquor,
beer, and wine. (2) ASSOCIATION. A partnership, limited partnership, or any form of unincorporated
enterprise owned by two or more persons. (3) BEER, or MALT OR BREWED BEVERAGES. Except as
otherwise provided in this subdivision, any beer, lager beer, ale, porter, malt or brewed
beverage, or similar fermented malt liquor containing one-half of one percent or more of alcohol
by volume and not in excess of thirteen and nine-tenths percent...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/28-3-1.htm - 12K - Match Info - Similar pages

36-27-25
Section 36-27-25 Funds for assets of retirement system - Management. (a) The Board of Control
shall be the trustees of the several funds of the Employees' Retirement System created by
this article as provided in Section 36-27-24 and shall have full power to invest and reinvest
the funds, through its Secretary-Treasurer in the classes of bonds, mortgages, common and
preferred stocks, shares of investment companies or mutual funds, or other investments as
the Board of Control may approve, with the care, skill, prudence, and diligence under the
circumstances then prevailing that a prudent person acting in a like capacity and familiar
with such matters would use in the conduct of an enterprise of a like character and with like
aims. Subject to like terms, conditions, limitations and restrictions, the Board of Control,
through its Secretary-Treasurer, shall have full power to hold, purchase, sell, assign, transfer,
and dispose of any investments in which the funds created in Section...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-25.htm - 7K - Match Info - Similar pages

9-12-180
Section 9-12-180 Authorized; form. The Governor of this state is hereby authorized and directed
to execute a compact on behalf of the State of Alabama with any one or more of the states
of Florida, Mississippi, Louisiana and Texas, and with such other states as may enter into
the compact legally therein in the form substantially as follows: GULF STATES MARINE FISHERIES
COMPACT The contracting states solemnly agree: Article I Whereas the Gulf Coast States have
the proprietary interest in and jurisdiction over fisheries in the waters within their respective
boundaries, it is the purpose of this compact to promote the better utilization of the fisheries,
marine, shell and anadromous, of the seaboard of the Gulf of Mexico, by the development of
a joint program for the promotion and protection of such fisheries and the prevention of the
physical waste of the fisheries from any cause. Article II This compact shall become operative
immediately as to those states ratifying it whenever any two...
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16-6D-9
Section 16-6D-9 Tax credit claims; administrative accountability; verification of requirements;
rules and procedures. (a)(1) An individual taxpayer who files a state income tax return and
is not claimed as a dependent of another taxpayer, a taxpayer subject to the corporate income
tax levied by Chapter 18 of Title 40, an Alabama S corporation as defined in Section 40-18-160,
or a Subchapter K entity as defined in Section 40-18-1 may claim a credit for a contribution
made to a scholarship granting organization. If the credit is claimed by an Alabama S corporation
or Subchapter K entity, the credit shall pass through to and may be claimed by any taxpayer
eligible to claim a credit under this subdivision who is a shareholder, partner, or member
thereof, based on the taxpayer's pro rata or distributive share, respectively, of the credit.
(2) The tax credit may be claimed by an individual taxpayer or a married couple filing jointly
in an amount equal to 100 percent of the total...
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45-26A-60.01
Section 45-26A-60.01 Sunday sales of alcoholic beverages for off-premises consumption. (a)
This section shall apply only to the City of Tallassee in Elmore and Tallapoosa Counties.
(b) The voters of the City of Tallassee may authorize the sale of alcoholic beverages for
off-premises consumption within the municipality on Sunday between the hours of 1:00 p.m.
and midnight by an election pursuant to this section, in the following manner: The governing
body of the City of Tallassee, by resolution, shall hold a referendum at the next general
election in the city to determine if alcoholic beverages may be sold within the municipality
for off-premises consumption. (c) On the ballot to be used for such election, the question
shall be in the following form: "Do you favor the legal sale of alcoholic beverages within
this municipality for off-premises consumption on Sunday between the hours of 1:00 p.m. and
midnight? Yes ___ No ___." (d) The first election and any subsequent elections shall
be...
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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...
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45-49-261.06
Section 45-49-261.06 Procedures for exercising planning and zoning powers. The Mobile County
Commission shall not exercise its planning and zoning powers established hereunder until the
majority of the qualified electors in the proposed planning jurisdiction shall have voted
their desire to come within the planning and zoning authority of the Mobile County Commission.
The election shall be held if 10 percent of the qualified electors in the planning jurisdiction
submit a written petition to the county commission expressing a desire to be subject to the
planning and zoning jurisdiction of the Mobile County Commission under authority of this part
or upon a resolution of the county commission. The county commission and the Judge of Probate
of Mobile County shall certify or reject the accuracy of the petition no later than 45 days
after receiving the petition, or in the case of an election to be held by resolution of the
county commission, the county commission shall certify the adoption...
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9-17-175
Section 9-17-175 Alabama Propane Education and Research Council. (a) The qualified industry
organization shall select members of the council from nominations made by retail marketers
and wholesalers operating in the State of Alabama. Vacancies in the unfinished terms of council
members shall be filled in the same manner as were the original appointments. (b) The council
shall consist of nine members, with six members representing retail marketers, two members
representing wholesalers, and one public member. Other than the public member, council members
shall be full-time employees or owners of businesses in the propane gas industry. No employee
of the qualified industry organization shall serve as a member of the council and no member
of the council may serve concurrently as an officer of the board of directors of the qualified
industry organization or as a member of the Alabama LP Gas Board. Only one person at a time
from any company or its affiliate may serve on the council. (c)...
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11-44D-4
Section 11-44D-4 Mayor-council form of government. If a majority of the qualified electors
voting in the referendum provided herein choose a mayor-council form of government, the following
provisions of this chapter shall be applicable: (1) The municipality shall thereafter and
as provided in this chapter be governed by a mayor elected at-large and a five-member council
elected from single-member districts, which municipality shall have the same powers and duties
as herein enumerated and as other mayor-council municipalities organized under Chapter 43,
Title 11, and any other powers and duties not inconsistent with this chapter which may be
now or hereafter granted to such municipality. (2) The council shall include five members
who shall be elected from districts, which shall be, as near as practicable, of equal population
according to the last federal decennial census, but not more than five percent, more or less,
than the average of the five districts. (3) The council members shall...
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