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4-3-47
Section 4-3-47 Powers of authority generally. The authority shall have the following
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; (2) To sue and be sued
in its own name in civil actions, excepting actions in tort against the authority; (3) To
adopt and make use of a corporate seal and to alter the same at pleasure; (4) To adopt and
alter bylaws for the regulation and conduct of its affairs and business; (5) To acquire, receive,
take and hold, whether by purchase, option to purchase, gift, lease, devise or otherwise,
property of every description, whether real, personal or mixed, whether in one or more counties
and whether within or without the corporate limits of any authorizing subdivision, and to
manage said property and to develop any property and to sell, exchange, lease or...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/4-3-47.htm - 16K - Match Info - Similar pages
40-9B-3
Section 40-9B-3 Definitions. (a) For purposes of this chapter, the following words and
phrases mean: (1) ABATE, ABATEMENT. A reduction or elimination of a taxpayer's liability for
tax or payments required to be made in lieu thereof. An abatement of transaction taxes imposed
under Chapter 23 of this title, or payments required to be made in lieu thereof, shall relieve
the seller from the obligation to collect and pay over the transaction tax as if the sale
were to a person exempt, to the extent of the abatement, from the transaction tax. (2) ALTERNATIVE
ENERGY RESOURCES. The definition given in Section 40-18-1. (3) CONSTRUCTION RELATED
TRANSACTION TAXES. The transaction taxes imposed by Chapter 23 of this title, or payments
required to be made in lieu thereof, on tangible personal property and taxable services incorporated
into an industrial development property, the cost of which may be added to capital account
with respect to the property, determined without regard to any rule which...
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7-9A-102
Section 7-9A-102 Definitions and index of definitions. (a) Article 9A definitions. In
this article: (1) "Accession" means goods that are physically united with other
goods in such a manner that the identity of the original goods is not lost. (2) "Account,"
except as used in "account for," means a right to payment of a monetary obligation,
whether or not earned by performance, (i) for property that has been or is to be sold, leased,
licensed, assigned, or otherwise disposed of, (ii) for services rendered or to be rendered,
(iii) for a policy of insurance issued or to be issued, (iv) for a secondary obligation incurred
or to be incurred, (v) for energy provided or to be provided, (vi) for the use or hire of
a vessel under a charter or other contract, (vii) arising out of the use of a credit or charge
card or information contained on or for use with the card, or (viii) as winnings in a lottery
or other game of chance operated or sponsored by a State, governmental unit of a State, or...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/7-9A-102.htm - 29K - Match Info - Similar pages
27-61-1
Section 27-61-1 Surplus Lines Insurance Multi-State Compliance Compact. The Surplus
Lines Insurance Multi-State Compliance Compact Act is enacted into law and entered into with
all jurisdictions mutually adopting the compact in the form substantially as follows: PREAMBLE
WHEREAS, with regard to Non-Admitted Insurance policies with risk exposures located in multiple
states, the 111th United States Congress has stipulated in Title V, Subtitle B, the Non-Admitted
and Reinsurance Reform Act of 2010, of the Dodd-Frank Wall Street Reform and Consumer Protection
Act, hereafter, the NRRA, that: (A) The placement of Non-Admitted Insurance shall be subject
to the statutory and regulatory requirements solely of the insured's Home State, and (B) Any
law, regulation, provision, or action of any State that applies or purports to apply to Non-Admitted
Insurance sold to, solicited by, or negotiated with an insured whose Home State is another
State shall be preempted with respect to such application;...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-61-1.htm - 62K - Match Info - Similar pages
22-21-372
Section 22-21-372 Filing and approval of subscription rates; criteria; submission of
relevant information. (a) No contract providing dental service corporation benefits may be
executed in this state unless the subscription rates outlined in said contract have been filed
with and approved by the commissioner. (b) Subscription rates must be established and justified
in accordance with generally accepted insurance principles, including but not limited to the
experience or judgment of the corporation making the rate filing or actuarial computations.
(c) The commissioner may disapprove subscription rates that are excessive, inadequate or unfairly
discriminatory. Rates are not unfairly discriminatory because they are averaged broadly among
persons covered under group, blanket or franchise contracts. (d) The commissioner may require
the submission of whatever relevant information is deemed necessary in determining whether
to approve or disapprove a filing made under this section or Section...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-21-372.htm - 1K - Match Info - Similar pages
22-21-385
Section 22-21-385 Amendments and changes in charter, certificate of incorporation, bylaws,
contracts and rates subject to department approval; filing of copy of amendments or changes.
No corporation subject to the provisions of this article shall amend its charter or certificate
of incorporation, its bylaws, the terms or provisions of contracts executed or to be executed
with dentists, or the terms or provisions of contracts issued or proposed to be issued to
subscribers unless such proposed amendments have been submitted to and approved by the Department
of Insurance. No change shall be made in the table of rates charged or proposed to be charged
to subscribers, or in the table of payments made or proposed to be made to dentists, for any
form of contract issued or to be issued until such proposed change has been submitted to and
approved by the Department of Insurance. Such approval shall be deemed granted unless the
department otherwise acts upon the proposed changes within 90 days...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-21-385.htm - 1K - Match Info - Similar pages
22-21-390
Section 22-21-390 Violations; penalties; injunctive relief. (a) Any person or corporation
engaging in the business of operating a dental service plan without first having procured
a license from the Department of Insurance, as required by this article, and any person or
corporation violating any of the provisions of this article is guilty of a misdemeanor of
the first degree and upon conviction thereof shall be punished as provided by law. (b) Any
person making any willfully false statement in any written document required by this article
to be filed with the department, or with any examiner at any investigation or hearing conducted
by the department or examiner, is guilty of perjury and shall be punished as provided by law.
(c) In addition to any other penalties provided for in this article, the department is authorized
to apply to the appropriate circuit court by sworn affidavit that it has reason to believe
that a violation of any of the provisions of this article, or of any rules...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-21-390.htm - 1K - Match Info - Similar pages
22-21-373
Section 22-21-373 Filing and approval of contracts with dentists and other providers
of services and amendments thereto; reports to commissioner. (a) All contracts made between
the corporation and participating dentists and all contracts with other providers of services
by the dental service plan corporation must be filed with and approved by the commissioner,
and any amendment or change thereto. (b) Dental service corporations must annually report
to the commissioner in such detail as is reasonably required, the number and geographical
distribution of dentists and other providers of services with whom it maintains contractual
relations, and the nature of the relations. For an individual corporation or groups of corporations
the commissioner may require more frequent reports. (Acts 1982, No. 82-463, p. 741, §14.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-21-373.htm - 1K - Match Info - Similar pages
22-21-365
Section 22-21-365 Consent of commissioner to charter or certificate of incorporation.
If the charter or certificate of incorporation of any proposed corporation specifies among
its purposes the establishment, maintenance, and operation of a dental service plan, such
charter or certificate of incorporation shall be referred by the Secretary of State to the
Department of Insurance, and such charter or certificate shall not be filed until the consent
of the commissioner shall be endorsed thereon and affixed thereto. (Acts 1982, No. 82-463,
p. 741, §6.)...
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22-51-7
Section 22-51-7 Incorporation of public corporations - Certificate of incorporation
- Amendments. The certificate of incorporation may be amended, from time to time, to provide
for any objective that was not included in the original certificate of incorporation by proceeding
as follows: (1) The board of directors of the corporation, subject to the approval of the
Alabama Department of Mental Health, shall first adopt a resolution setting forth and approving
the proposed amendment. (2) The proposed amendment shall then be submitted to each governing
body which has appointed or is entitled to appoint a member of the said board as it is constituted
at the time of the adoption of the said resolution setting forth and approving the proposed
amendment. (3) If a governing body to which the proposed amendment is submitted shall find
that the said amendment is in the public interest, and prima facie proof that it is in the
public interest shall consist of proof that it has been approved by the...
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