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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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40-27-1
Section 40-27-1 Compact adopted; terms. The following Multistate Tax Compact is hereby
approved, adopted and enacted into law by the State of Alabama: Multistate Tax Compact Article
I. Purposes. The purposes of this compact are to: 1. Facilitate proper determination of state
and local tax liability of multistate taxpayers, including the equitable apportionment of
tax bases and settlement of apportionment disputes. 2. Promote uniformity or compatibility
in significant components of tax systems. 3. Facilitate taxpayer convenience and compliance
in the filing of tax returns and in other phases of tax administration. 4. Avoid duplicative
taxation. Article II. Definitions. As used in this compact: 1. "State" means a state
of the United States, the District of Columbia, the Commonwealth of Puerto Rico, or any territory
or possession of the United States. 2. "Subdivision" means any governmental unit
or special district of a state. 3. "Taxpayer" means any corporation, partnership,
firm,...
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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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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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16-50-20
Section 16-50-20 Creation; composition; nominating committee; training sessions. (a)
There is created a Board of Trustees for Alabama State University, the state educational institution
at Montgomery, Alabama. The board of trustees shall consist of two members from the congressional
district in which the institution is located and one member from each of the other congressional
districts in the state as constituted on October 6, 1975, and who shall reside in that district,
four members from the state at large who shall reside in different districts, two at-large
members who may be selected from outside the state, and the Governor, who shall serve as an
ex officio member of the board. Except for a trustee at large, the position of any trustee
shall be vacated at such time as he or she shall cease to reside in the district from which
he or she was appointed. The position of state at-large trustee shall be vacated if the trustee
serving in the position shall cease to reside in the State...
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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...
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17-5-2
Section 17-5-2 Definitions. (a) For purposes of this chapter, the following terms shall
have the following meanings: (1) CANDIDATE. An individual who has done any of the following:
a. Taken the action necessary under the laws of the state to qualify himself or herself for
nomination or for election to any state office or local office or in the case of an independent
seeking ballot access, on the date when he or she files a petition with the judge of probate
in the case of county offices, with the appropriate qualifying municipal official in the case
of municipal offices, or the Secretary of State in all other cases. b. Received contributions
or made expenditures in excess of one thousand dollars ($1,000), or given his or her consent
for any other person or persons to receive contributions or make expenditures in excess of
one thousand dollars ($1,000), with a view to bringing about his or her nomination or election
to any state office or local office. (2) COMMISSION. The State Ethics...
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11-49B-7
Section 11-49B-7 Powers of authority. The authority shall exercise, subject to this
chapter, the following powers and duties necessary to the discharge of its powers and duties
in corporate form: (1) To have succession by its corporate name for the duration of time,
which may be perpetual, subject to the provisions of Section 11-49B-19 specified in
its certificate of incorporation. (2) To sue and be sued in its own name in civil suits and
actions and to defend suits against it. (3) To adopt and make use of a corporate seal and
to alter the seal at pleasure. (4) To adopt and alter bylaws for the regulation and conduct
of its affairs and business. (5) To acquire, receive, and take, by purchase, gift, lease,
devise, or otherwise, and to hold property of every description, real, personal, or mixed,
whether located in one or more counties or municipalities and whether located within or outside
the authorizing county. (6) To make, enter into, and execute contracts, agreements, leases,
and...
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16-6F-7
Section 16-6F-7 Applicant proposals; conversion to public charter school; terms of charters;
contracts. (a) Request for proposals. (1) To solicit, encourage, and guide the development
of quality public charter school applications, every local school board, in its role as public
charter school authorizer, shall issue and broadly publicize a request for proposals for public
charter school applications by July 17, 2015, and by November 1 in each subsequent year. The
content and dissemination of the request for proposals shall be consistent with the purposes
and requirements of this act. (2) Public charter school applicants may submit a proposal for
a particular public charter school to no more than one local school board at a time. (3) The
department shall annually establish and disseminate a statewide timeline for charter approval
or denial decisions, which shall apply to all authorizers in the state. (4) Each local school
board's request for proposals shall present the board's strategic...
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15-22-36
Section 15-22-36 Authority to grant pardons and paroles, remit fines and forfeitures,
etc.; notice of board action. (a) In all cases, except treason and impeachment and cases in
which sentence of death is imposed and not commuted, as is provided by law, the Board of Pardons
and Paroles, after conviction and not otherwise, may grant pardons and paroles and remit fines
and forfeitures. (b) Each member of the Board of Pardons and Paroles favoring a pardon, parole,
remission of a fine or forfeiture, or restoration of civil and political rights shall enter
in the file his or her reasons in detail, which entry and the order shall be public records,
but all other portions of the file shall be privileged. (c) No pardon shall relieve one from
civil and political disabilities unless specifically expressed in the pardon. No pardon shall
be granted unless the prisoner has successfully completed at least three years of permanent
parole or until the expiration of his or her sentence if his or her...
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