Code of Alabama

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2-26-76
Section 2-26-76 Effect and admissibility as evidence of findings and recommendations
of committee; effect of provisions of article upon legal and equitable rights of persons.
The findings or recommendations of the committee shall be in the nature of arbitration or
settlement, but its findings and recommendations shall not affect the rights of parties to
resort to any arbitration proceedings available under authority of Sections 6-6-1 through
6-6-16 or as may be otherwise provided by law, nor shall any of the provisions of this article
affect any legal or equitable rights that any person may have in a court having jurisdiction
of such matters nor shall the findings or recommendations of the committee be admissible as
evidence in any court of law. It is the intent and purpose of this article to provide a simplified
procedure for investigations and recommendations for monetary settlements as declared in Section
2-26-70. (Acts 1979, No. 79-424, p. 661, §4.)...
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8-6-15
Section 8-6-15 Investigations and subpoenas by commission. (a) The Securities Commission,
in its discretion, may: (1) Make such public or private investigations within or outside of
this state as he deems necessary to determine whether any registration in the sale of securities
should be granted, denied, or revoked, whether any person has violated or is about to violate
any provision of this article or any rule or order hereunder, to aid in the enforcement of
this article or in the prescribing of rules and forms hereunder; (2) Require or permit any
person to file a statement in writing, under oath, or otherwise as the commission may determine,
as to all the facts and circumstances concerning the matter to be investigated; and (3) Publish
information concerning any violation of this article or any rule or order hereunder. (b) For
the purpose of any investigation or proceeding under this article, the Securities Commission
or any officer designated by it may administer oaths and...
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9-16-95
Section 9-16-95 Citizens' actions; attorneys, etc., fees allowed as damages. (a) Except
as provided in subsection (b) of this section, any person having an interest which
is or may be adversely affected, (or any citizen of this state having knowledge that any of
the provisions of this article are willfully or deliberately not being enforced and who files
a statement with the regulatory authority in writing and under oath with facts set forth specifically
stating the nature of the failure to enforce the provisions of this article), may commence
a civil action on his own behalf to compel compliance with this article: (1) Against any other
governmental instrumentality or agency to the extent permitted by the Eleventh Amendment to
the Constitution of the United States which is alleged to be in violation of the provisions
of this article or of any rule, regulation, order or permit issued pursuant thereto, or against
any other person who is alleged to be in violation of any rule, regulation,...
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22-23A-12
Section 22-23A-12 Investment in bonds of authority. The State Treasurer may invest any
idle or surplus moneys of the state in bonds of the authority. The governing body of any county
or municipality is authorized in its discretion to invest any idle or surplus money held in
its treasury in bonds of the authority. Such bonds shall be legal investments for executors,
administrators, trustees and other fiduciaries, unless otherwise directed by the court having
jurisdiction of the fiduciary relation or by the document that is the source of the fiduciary's
authority, and for savings banks and insurance companies organized under the laws of the state.
(Acts 1988, 1st Ex. Sess., No. 88-857, p. 338, §12.)...
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22-34-12
Section 22-34-12 Investment in authority bonds. The State Treasurer may invest any idle
or surplus moneys of the state in bonds of the authority. The governing body of any county
or municipality is authorized in its discretion to invest any idle or surplus money held in
its treasury in bonds of the authority. Such bonds shall be legal investments for executors,
administrators, trustees and other fiduciaries, unless otherwise directed by the court having
jurisdiction of the fiduciary relation or by the document that is the source of the fiduciary's
authority, and for savings banks and insurance companies organized under the laws of the state.
(Acts 1987, No. 87-226, p. 317, §12.)...
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24-1A-10
Section 24-1A-10 Bonds eligible for investment by state and local governments and by
executors, trustees, etc. The State Treasurer may invest any idle or surplus moneys of the
state in bonds of the authority. The governing body of any county or municipality is authorized
in its discretion to invest any idle or surplus money held in its treasury in bonds of the
authority. Such bonds shall be legal investments for executors, administrators, trustees and
other fiduciaries, unless otherwise directed by the court having jurisdiction of the fiduciary
relation or by the document that is the source of the fiduciary's authority, and for savings
banks and insurance companies organized under the laws of the state. (Acts 1980, No. 80-585,
p. 899, §12.)...
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16-18B-14
Section 16-18B-14 Exemption from taxes; use of bonds as security; investment of funds.
All bonds (including refunding bonds) issued pursuant hereto, and the income therefrom (including
the interest income thereon) shall be free from all taxation by the state or any county, municipality,
or other political subdivision or instrumentality of the state, excepting inheritance, estate,
and gift taxes. Any bonds issued by the corporation may be used by the holder thereof as security
for any funds belonging to the state or to any instrumentality or agency of the state in any
instance where security for such deposits may be required by law. Unless otherwise directed
by the court having jurisdiction thereof, or by the document that is the source of authority,
a trustee, executor, administrator, guardian, or one acting in any other fiduciary capacity
may, in addition to any other investment powers conferred by law and with the exercise of
reasonable business prudence, invest trust and other...
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2-27-16
Section 2-27-16 Penalty for violation of article; injunctions. (a) Any person who shall
violate any of the provisions of this article declared to be unlawful or who shall fail or
refuse to perform any duty or requirement imposed by the provisions of this article, or who
shall violate any rule or regulation duly promulgated under this article or who shall sell
or offer for sale or distribute for sale any pesticide or device in violation of any of the
requirements of this article shall be guilty of a misdemeanor and, upon conviction, shall
be punished as now prescribed by law for such an offense. Fines imposed under this article
shall be paid into the Agricultural Fund of the State Treasury. (b) In addition to the penalty
and other enforcement remedies of this article and notwithstanding the existence of an adequate
legal remedy, the circuit court, or any judge thereof, shall have jurisdiction and for cause
shown and upon a hearing to grant a temporary restraining order or preliminary or...
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9-14A-17
Section 9-14A-17 Use of bonds. All bonds, including refunding bonds, issued pursuant
hereto, and the income therefrom, including the interest income thereon, shall be free from
all taxation by the state or any county, municipality, or other political subdivision or instrumentality
of the state, excepting inheritance, estate, and gift taxes. Any bonds issued by the corporations
may be used by the holder thereof as security for any funds belonging to the state or to any
instrumentality or agency of the state in any instance where security for such deposits may
be required by law. Unless otherwise directed by the court having jurisdiction thereof, or
by the document that is the source of authority, a trustee, executor, administrator, guardian,
or one acting in any other fiduciary capacity may, in addition to any other investment powers
conferred by law and with the exercise of reasonable business prudence, invest trust and other
fiduciary funds in bonds of the corporations. (Act 2000-708,...
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37-14-12
Section 37-14-12 Judicial determination of legality, etc., of article - Contents of
complaint; order and notice of hearing to show cause; intervention. (a) The complaint by appropriate
allegations, references and/or exhibits shall briefly state the following: the authority for
the purchase and sale of distribution facilities and other transactions and restrictions under
this article; the nature of any franchise heretofore issued by a municipality which will be
affected; a general description of restrictions imposed by this article; the proposed date
when the purchase and sale or other transaction is to be effective, and the impact which such
restrictions and sale shall have on the parties and the public. (b) The judge of said court
shall, upon the filing and presentation of said complaint, issue an order against the citizens
of the state, and other defendants requiring them to show cause, at a time and place to be
designated in said order, which time shall be not less than 35 days nor...
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