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2-8-360
Section 2-8-360 Duty of treasurer before money remitted. Before any money is remitted by the
commissioner to the treasurer of the certified association, the treasurer shall furnish to
the commissioner a bond approved by the commissioner in an amount not less than the estimated
annual total amount of the assessments handled by the treasurer. The surety on the bond shall
be a corporate surety company duly qualified and licensed to do business in the state, and
the bond shall be conditioned upon the faithful handling, proper accounting, and properly
authorized expenditure of all funds received and disbursed by the principal named in the bond.
(Act 2004-301, p. 427, §11.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/2-8-360.htm - 982 bytes - Match Info - Similar pages
2-8-56
Section 2-8-56 Bond of treasurer of association. Before any money is remitted by the Commissioner
of Agriculture and Industries to the treasurer of an organization or association as authorized
under the provisions of this article, the treasurer of said organization shall furnish to
the commissioner a bond approved by the commissioner in an amount not less than the estimated
quarterly receipts but not more than the estimated annual total amount of the assessment handled
by such officer. The surety on said bond shall be a corporate surety company duly qualified
and licensed to do business in Alabama, and said bond shall be conditioned upon the faithful
handling, proper accounting and properly authorized expenditure of all funds received and
disbursed by the principal named in said bond. (Acts 1973, No. 463, p. 653, §17.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/2-8-56.htm - 1K - Match Info - Similar pages
2-8-204
Section 2-8-204 Bond of treasurer of commission. Before any money is remitted by the Commissioner
of Agriculture and Industries to the treasurer of a commission as authorized under the provisions
of this article, the treasurer of said commission shall furnish the commissioner a bond approved
by the commissioner in the amount of not less than the estimated annual total amount of the
assessments handled by such officer. The surety on said bond shall be a corporate surety company
duly qualified and licensed to do business in Alabama and said bond shall be conditioned upon
the faithful handling, proper accounting and properly authorized expenditure of all funds
received and disbursed by the principal named in said bond. (Acts 1981, No. 81-388, p. 586,
§15.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/2-8-204.htm - 1K - Match Info - Similar pages
40-12-448
Section 40-12-448 Surety bond. (a) Except as provided in subsection (b), before being licensed
under this article, a person shall demonstrate proof of responsibility by depositing with
the commissioner a continuing surety bond in the amount prescribed under Section 40-12-398
from a company authorized to do business in the state. The bond must be approved by the commissioner,
payable to the state, and conditioned upon the faithful observance of all the provisions of
this article. The bond must also indemnify any person who suffers a loss by reason of failure
to observe the provisions of this article. (b) The department, by rule, may permit a surety
bond obtained under Section 40-12-398 to serve in lieu of the surety bond prescribed in subsection
(a). (Act 2019-244, §3.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/40-12-448.htm - 1K - Match Info - Similar pages
40-17-335
Section 40-17-335 Surety bond. (a) Upon approval of the application by the department, the
applicant shall file with the department a surety bond as herein provided: (1) Except as provided
under subdivision (3), the bond amount for an applicant for a license as a supplier, permissive
supplier, or terminal operator shall be in the approximate amount of twice the average monthly
tax liability, not to exceed two million dollars ($2,000,000). (2) Except as provided under
subdivision (3), the bond amount for an applicant for a license as an exporter, blender, importer,
or distributor shall be a minimum of two thousand dollars ($2,000) or the approximate amount
of twice the average monthly tax liability, whichever is greater. (3) The bond for distributors,
suppliers, and permissive suppliers who are licensed with the department on October 1, 2012,
shall remain at the amount that is filed with the department on that date, except as provided
under subsection (b). (4) For an applicant for a...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/40-17-335.htm - 4K - Match Info - Similar pages
15-13-152
Section 15-13-152 Qualification for property bail. The qualifications for property bail are
that each surety be a resident of the state, and an owner of real property therein, and that
any property pledged shall be worth, exclusive of all encumbrances and homestead exemptions
presently against the property, the amount expressed in the appearance bond. Any proper approving
officer, in approving property bail, may allow more than one person to justify severally as
bail in amounts less than that expressed in the appearance bond, provided the whole be equivalent
to the amount in the appearance bond. The worth shall not be determined by the assessed value
of the property but shall be calculated, determined, and evaluated in the manner set forth
in the affidavit described in part (A) of this section. If the property owner(s) claim a homestead
exemption in the affidavit then they shall also execute the waiver of a homestead exemption
form as provided in part (B) below. The affidavit shall be...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/15-13-152.htm - 9K - Match Info - Similar pages
2-13-124
Section 2-13-124 Refund of assessment paid by dissatisfied bulk tank unit; transfer of funds
to National Dairy Board. In the event such referendum is carried in the affirmative and the
assessment is levied and collected as provided herein and under the regulations to be promulgated
by the state ADA, any bulk tank unit upon and against whom such assessments shall have been
levied and collected under the provisions of this article, if a bulk tank unit is dissatisfied
with said assessment and the result thereof, such unit shall have the right to demand the
treasurer of the state ADA to refund such assessment so collected from such bulk tank unit,
provided such demand for refund is made in writing within 30 days from the date on which said
assessment is collected or due to be collected, whichever is earlier, from such bulk tank
unit under the rules and regulations of the state ADA. Pursuant to the Dairy Promotion Stabilization
Act of 1983, 7 U.S.C. §4510 et seq., any such funds shall be...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/2-13-124.htm - 1K - Match Info - Similar pages
22-21-370
Section 22-21-370 Posting of securities or surety bond; custody of securities; exemption from
taxation; release of securities or bond; modification orders; hearing; effect of failure to
comply. (a) To assure the faithful performance of its obligations in the event of insolvency
each dental service corporation authorized under Section 22-21-364 shall, through the commissioner,
deposit and maintain with the Treasurer of the State Securities of the type eligible for deposit
by insurers under Section 27-6-3, which securities shall have at all times a market value
as follows: (1) A corporation which has operated no dental service plan in this state prior
to January 1, 1983, shall, prior to the issuance of its certificate of authority and before
receiving any subscription payments, place in trust with the Treasurer of the State, through
the commissioner an initial amount of $50,000.00; (2) A corporation operating a dental service
plan business in this state prior to January 1, 1983, and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-21-370.htm - 4K - Match Info - Similar pages
27-39-6
Section 27-39-6 Application for certificate of authority; annual license fee; issuance of license.
(a) Within 30 days after January 1, 1972, every automobile club or association organized and/or
operating in the State of Alabama shall file with the commissioner an application for a certificate
of authority to continue said operations within the state, and every automobile club or association
desiring to commence operations within the state shall, prior to the commencement of said
operation, file application with and receive a certificate of authority from the commissioner.
No certificate of authority shall be issued until the automobile club or association has paid
to the commissioner $250.00 as an annual license fee, which fee shall not be returnable. Licenses
shall be issued for the period beginning January 1 of each year and shall expire on the following
December 31. The commissioner shall deposit all fees collected in the State Treasury to the
credit of the General Fund. (b) The...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-39-6.htm - 3K - Match Info - Similar pages
27-43-9
Section 27-43-9 Bond or deposit requirements. (a) To assure the faithful performance of its
obligations in the event of insolvency, each corporation authorized under Section 27-43-8
shall, through the commissioner, deposit and maintain with the Treasurer of the State securities
of the type eligible for deposit by insurers under Section 27-6-3, which securities shall
have at all times a market value as follows: (1) An insurer which has transacted no legal
expense insurance in this state prior to January 1, 1982, shall, prior to the issuance of
its certificate of authority and before receiving any premiums, place in trust with the Treasurer
of the State, through the commissioner an initial amount of $50,000.00; (2) An insurer transacting
a legal expense insurance business in this state prior to January 1, 1982, and having in force
in this state less than $300,000.00 of gross written premiums, membership fees, or similar
charges shall place in trust with the Treasurer of the State,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-43-9.htm - 4K - Match Info - Similar pages
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