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22-51-8
Section 22-51-8 Board of directors - Composition; appointment, qualifications, terms and compensation
of members; vacancies; executive committee. Each corporation shall be governed by a board
of directors of nine or more members, selected as provided in this section. Each governing
body which authorized the formation of the corporation shall appoint three members of the
said board of directors; provided, that if the area to be served by the corporation shall
be located wholly within an area governed by a single governing body, the said governing body
shall appoint nine members to the said board; provided further, that if the said area to be
served shall be located wholly within an area governed by at least two, but not more than
two, governing bodies, or if the formation of the board was authorized by only two governing
bodies, each of the said governing bodies shall be entitled to appoint at least five members
of the said board, or such other number as may be provided by the...
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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
41-10-53
Section 41-10-53 Authority and procedure for incorporation of authority; members, officers
and directors of authority; reduction to writing, recordation and admissibility in evidence
of proceedings of board of directors. (a) The Director of Finance, the Secretary of the Alabama
Department of Commerce, the State Treasurer and the Executive Secretary to the Governor are
hereby authorized to become a corporation, with the powers and authorities provided for in
this article, by proceeding according to the provisions hereinafter outlined in this article.
To become a corporation, the Director of Finance, the Secretary of the Alabama Department
of Commerce, the State Treasurer and the Executive Secretary to the Governor shall present
to the Secretary of State of Alabama an application signed by them which shall set forth:
(1) The name, official designation and official residence of each of the applicants, together
with a certified copy of the commission evidencing each applicant's right to...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-53.htm - 4K - Match Info - Similar pages
33-15-3
Section 33-15-3 Procedure for incorporation. To become a corporation, the persons who are designated
to become members of the initial board of directors of the authority, as provided in Section
33-15-4, shall present to the Judge of Probate of Franklin County a certificate of incorporation
signed by them which shall contain: (1) The name and official residence of each of the said
persons; (2) The term of office of each of the said persons as such directors; (3) The name
of the proposed corporation which shall be Bear Creek Development Authority; (4) The location
of the principal office of the proposed corporation which shall be in one of said named counties;
and (5) Any other matter relating to the incorporation that the said persons may choose to
insert and which is not inconsistent with this article or the laws of the State of Alabama.
The certificate of incorporation shall be accompanied by: (1) A certificate by the clerk of
each of the municipalities of Red Bay, Vina, Hodges,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/33-15-3.htm - 3K - Match Info - Similar pages
39-7-14
Section 39-7-14 Board of trustees of authority - Composition; appointment, removal and terms
of office of members; vacancies. (a) Each improvement authority shall have a board of trustees
consisting of not more than five members that are qualified electors residing in the area
serviced by the authority. (b) When the authority is composed of an incorporated city or town,
the trustees shall be appointed by the governing body of the city or town. When the authority
is composed in whole or in part of the inhabitants of an unincorporated area, the governing
body of the county in which the area is composed appoints the trustees. In the event the unincorporated
area is composed of parts of different counties, the Governor of the state shall appoint the
board. All vacancies on the board shall be filled by the proper authority designated in this
section. The first appointment of the members of the board shall be made not later than 30
days after the improvement authority becomes an...
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9-10-33
Section 9-10-33 Board of directors and officers. All powers of the corporation shall be exercised
by the board of directors or pursuant to its authority. The directors shall be elected by
the county commission for staggered terms of office as follows: two years, three years, four
years, five years and six years. Thereafter the term of office of each director shall be six
years. If any director resigns or dies or becomes incapable of acting as a director or ceases
to reside in the county, the governing body shall elect a successor to serve for the unexpired
term. Directors shall be eligible for reelection by the county commission to succeed themselves
in office. A majority of the members of the board shall constitute a quorum for the transaction
of business. The corporation shall have a president, a vice-president, a secretary and a treasurer,
but the office of secretary and treasurer may be held by the same person. All officers shall
be elected by the board. The members of the board...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/9-10-33.htm - 1K - Match Info - Similar pages
11-101A-6
Section 11-101A-6 Board of directors. (a) Each corporation shall be governed by a board of
directors composed of the number of directors provided in the certificate of incorporation
as most recently amended. Unless provided to the contrary in its certificate of incorporation,
all powers of the authority shall be exercised by the board or pursuant to this authorization.
Subject to the provisions of subdivision (8) of subsection (b) of Section 11-101A-4, the board
shall consist of directors having those qualifications, being elected or appointed by that
person or persons, including, without limitation, the board itself, one or more authorizing
subdivisions, or other counties and municipalities, and other entities or organizations and
in the manner, and serving for the terms of office, all as shall be specified in the certificate
of incorporation of the authority. Notwithstanding the foregoing, no fewer than a majority
of the directors shall be elected by the governing body or bodies of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-101A-6.htm - 4K - Match Info - Similar pages
11-49B-5
Section 11-49B-5 Amendments to certificate of incorporation. The certificate of incorporation
of any authority incorporated under this chapter may be amended as follows: (1) A resolution
adopted by the board of directors proposing an amendment to the certificate of incorporation.
(2) The proposed amendment shall be set forth in full in the resolution, and which may include
any matters which might have been included in the original certificate of incorporation. (3)
After the adoption of the resolution proposing an amendment to the certificate of incorporation
of the authority, the chair of the board or other chief executive officer, and the secretary
of the authority, shall sign and file a written application in the name of and on behalf of
the authority, under its seal, with the governing body of the authorizing county and with
the governing body of the principal municipality, requesting each governing body to adopt
a resolution approving the proposed amendment, and accompanied by a...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-49B-5.htm - 3K - Match Info - Similar pages
22-21-316
Section 22-21-316 Board of directors; qualifications; election or appointment; terms; vacancies;
reimbursement for expenses; quorum; regular, special and called meetings; waiver of notice;
record of proceedings; use as evidence; removal from office. (a) Each authority shall have
a board of directors composed of the number of directors provided in the certificate of incorporation,
as most recently amended. Unless provided to the contrary in its certificate of incorporation,
all powers of the authority shall be exercised, and the authority shall be governed, by the
board or pursuant to its authorization. Subject to the provisions of subdivision (9) of subsection
(b) of Section 22-21-314, the board shall consist of directors having such qualifications,
being elected or appointed by such person or persons (including, without limitation, the board
itself, the governing body or bodies of one or more authorizing subdivisions or other counties
and municipalities, and other entities or...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-21-316.htm - 4K - Match Info - Similar pages
45-49A-10.03
Section 45-49A-10.03 Board of directors. All powers of the corporation shall be exercised by
the board of directors or pursuant to its authority. The directors shall be elected by the
governing body of the City of Bayou La Batre for staggered terms of office as follows: Two
years for the first appointee; three years for the second appointee; four years for the third
appointee; five years for the fourth appointee; six years for the fifth appointee; and thereafter
the term of office of each director shall be six years. If any director resigns or dies or
becomes incapable of acting as a director or ceases to reside in the city or is otherwise
disqualified to act, the governing body of the City of Bayou La Batre shall elect a successor
to serve for the unexpired term. Directors shall be eligible for reelection to succeed themselves
in office. A majority of the members of the board shall constitute a quorum for the transaction
of business. The corporation shall have a president, vice...
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