41-14A-6
Section 41-14A-6 Establishment of SAFE board of directors; powers and duties of the board of directors. (a) There is hereby established a Board of Directors of the SAFE Program charged with responsibility and authority to assess and manage the sufficiency of the collateral pool and the SAFE Program to provide adequate protection from losses to public depositors. In exercising its powers and performing its responsibilities, the board of directors shall constitute a body politic under the laws of the state performing the public function of assuring the safety of public deposits. (b) The State Treasurer shall be a permanent, standing, voting member of the board of directors and shall serve as its chair. The Superintendent of Banks shall be a permanent, standing, non-voting member of the board of directors. The remaining six members shall each possess knowledge, skill, and experience in one or more of the following areas: (1) Financial analysis. (2) Trend analysis. (3) Accounting. (4)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-14A-6.htm - 12K - Match Info - Similar pages
45-17-90.03
Section 45-17-90.03 Bylaws. The board of directors of the authority shall have the authority to enact bylaws for the organization not inconsistent with this subpart or any law of the State of Alabama. Bylaws may include, among other provisions, any of the following: (1) The establishment of an executive committee and other standing, special, or ad hoc committees which may meet as often as necessary and whose duties and responsibilities shall be determined by the board of directors. (2) The establishment of attendance and residency requirements for the board of directors, any standing or special committees of the board of directors, or any officers of the board of directors, which shall provide for the removal of any member, committee member, or officer, due to the failure of the member to meet minimum attendance responsibilities or residency requirements. (Act 95-512, p. 1022, §1.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-17-90.03.htm - 1K - Match Info - Similar pages
45-24-90
Section 45-24-90 Selma and Dallas County Economic Development Authority. (a) In Dallas County, there is created the Selma and Dallas County Economic Development Authority. The authority is created for the purpose and has the responsibility of aiding and assisting current industries and coordinating efforts of all municipal and county agencies of Dallas County, Alabama, as well as aiding organizations in the development of new industries which will provide job opportunities for the citizens of the City of Selma and Dallas County, Alabama. (b)(l) The authority shall be governed by a board of directors consisting of five members. Three of the five members shall be appointed by the Mayor of the City of Selma and the Judge of Probate of Dallas County. One member shall be appointed by the Craig Field Airport and Industrial Authority and one member shall be appointed by the Selma and Dallas County Chamber of Commerce. There shall be racial minority representation on the board. Subsequently,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-24-90.htm - 3K - Match Info - Similar pages
45-39-92.03
Section 45-39-92.03 Bylaws. The board of directors of the authority shall have the authority to enact bylaws for the organization not inconsistent with this part or any law of the State of Alabama. Bylaws may include, among other provisions, any of the following: (1) The establishment of an executive committee and other standing, special, or ad hoc committees which may meet as often as necessary and whose duties and responsibilities shall be determined by the board of directors. (2) The establishment of attendance and residency requirements for the board of directors, any standing or special committees of the board of directors, or any officers of the board of directors, which shall provide for the removal of any member, committee member, or officer, due to the failure of the member to meet minimum attendance responsibilities or residency requirements. (Act 95-409, p. 874, §1.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-39-92.03.htm - 1K - Match Info - Similar pages
5-13B-11
Section 5-13B-11 Authority to issue regulations; cooperative agreements; fees. In order to carry out the purposes of this title, in addition to and cumulative with the authority and powers of the superintendent set forth elsewhere in this title, the superintendent may: (1) Adopt regulations; (2) Enter into cooperative, coordinating, or information-sharing agreements with any other bank supervisory agency or any organization affiliated with or representing one or more bank supervisory agencies; (3) Accept any report of examination or investigation by another bank supervisory agency having concurrent jurisdiction over an Alabama state bank or a bank holding company that controls an Alabama state bank in lieu of conducting the superintendent's own examination or investigation of such bank holding company or bank; (4) Enter into contracts with any bank supervisory agency having concurrent jurisdiction over an Alabama state bank or a bank holding company that controls an Alabama state bank...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/5-13B-11.htm - 3K - Match Info - Similar pages
5-13B-6
Section 5-13B-6 Standards for approval. (a) In deciding whether to approve an application for a proposed acquisition under this article, the superintendent shall consider whether the acquisition may: (1) Be detrimental to the safety and soundness of the Alabama state bank or the Alabama bank holding company ; (2) Result in a substantial reduction of competition in this state; or (3) Have a significantly adverse effect on the convenience and needs of the community or communities in this state that are served by the Alabama state bank or the Alabama bank holding company to be acquired. (b) Except as otherwise expressly provided in this section, the superintendent shall not approve an acquisition under this article if upon consummation of the transaction the applicant, including any depository institution affiliated with the applicant, would control 30 percent or more of the total amount of deposits held by depository institutions in this state. (c) The superintendent may by regulation,...
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9-7-15
Section 9-7-15 Coastal Area Board - Development of coastal area management program. The board shall provide for the development of a comprehensive coastal area management program. The program shall be prepared in cooperation with local, regional, state and federal interests. The inland boundaries of the coastal area subject to the management program are described as follows: begin at the southernmost point on the Mississippi-Alabama state line where the land surface elevation reaches 10 feet above mean sea level and continue in a general easterly direction along the 10-foot contour to the proximity of Mobile Bay; continue in a northerly direction on the 10-foot contour along the western shore of Mobile Bay and the Mobile River delta to the north line of Mobile County; thence southeastward along the north line of Mobile County to the intersection with the Baldwin County lines in the Mobile River; thence along the west and north lines of Baldwin County in the Mobile and Alabama Rivers to...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/9-7-15.htm - 3K - Match Info - Similar pages
11-98-13.1
Section 11-98-13.1 Permanent Oversight Commission on 911. (a) The Permanent Oversight Commission on 911 is established. The commission shall do the following: (1) Study the operational and financial condition of the current 911 systems within the State of Alabama and publish a report detailing the same. (2) Study the rate charged for 911 services and make recommendations to the board regarding adjustments to the rate. (3) Develop recommendations for the most efficient and effective delivery of 911 services in Alabama over both the long- and short-term. (4) Study the charges levied by each telecommunications provider to each communications district for both data base and network charges. (5) Develop legislation necessary to implement its long-term 911 plan. (6) Report its findings, recommendations, and proposed legislation to the Legislature prior to the last day of the 2014 Regular Session. (b) The commission shall remain in place until the later of the end of the 2014 Regular Session...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-98-13.1.htm - 9K - Match Info - Similar pages
16-1-18.1
Director of the Alabama School of Fine Arts; the Executive Director of the Alabama High School of Mathematics and Science; the Secretary of the Senate, the Clerk of the House of Representatives, the Lieutenant Governor; the Speaker of the House of Representatives; the chief executive officer of any other employer as provided in this section. (4) SICK LEAVE. The absence from duty by an employee as a result of any of the following: a. Personal illness or doctor's quarantine. b. Incapacitating personal injury. c. Attendance upon an ill member of the employee's immediate family (parent, spouse, child, foster child currently in the care and custody of the employee, sibling); or an individual with a close personal tie. d. Death in the family of the employee (parent, spouse, child, sibling, parent-in-law, son-in-law, daughter-in-law, brother-in-law, sister-in-law, nephew, niece, grandchild, grandparent, uncle, or aunt). e. Death, injury, or sickness of another person who has unusually...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-1-18.1.htm - 10K - Match Info - Similar pages
16-1-38
Section 16-1-38 Financial and education law training for newly elected superintendents of education. (a)(1) Each person newly elected or appointed as a city or county superintendent of education shall, prior to assuming office, attend and satisfactorily complete a training program on school finances and education law. This requirement shall be applicable upon the development and offering of the training program as provided in this section. (2) The State Superintendent of Education, based upon reasonable cause, may allow a newly elected or appointed superintendent to attend and satisfactorily complete the training program after assuming office. (3) Superintendents serving on May 31, 2001, may attend such training program. (4) The Department of Education, or its designee, shall provide the training program at no cost. (b)(1) The training program shall be formulated by a committee comprised of the State Superintendent of Education and each of the following: a. A representative of the...
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