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45-37-90.04
Section 45-37-90.04 Civic Center Authority - Powers; officers; contracts; conflicts
of interest. (a) The power of the authority shall be vested in and exercised by a majority
of the members of the board of directors. The board may delegate to one or more of its members
or its officers, agents, and employees such duties as it may deem proper. The board of directors
shall elect a vice chair of the board, who shall serve as chair in the event of the chair's
absence. The board of directors shall also elect a treasurer and a secretary. The same person
may serve as secretary and treasurer. The secretary and treasurer may or may not be a member
of the board. The treasurer shall act as custodian of all the funds, from whatever sources
derived, received by the authority. The treasurer shall deposit the monies in a separate account
or accounts in one or more bank or banks or trust companies which are duly qualified and doing
business in the State of Alabama. The authority may by resolution or by...
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45-39A-11.03
Section 45-39A-11.03 Civic Center Authority - Powers; officers, contracts. (a) The power
of the authority shall be vested in and exercised by a majority of the members of the board
of directors; however, the board may delegate to one or more of its members or its officers,
agents, and employees such duties as it may deem proper. The board of directors shall elect
a vice chair of the board, who shall serve as chair in the event of the chair's absence. The
board of directors shall also elect a treasurer and a secretary. The same person may serve
as secretary and treasurer. The secretary and treasurer may or may not be a member of the
board. The treasurer shall act as custodian of all the funds, from whatever sources derived,
received by the authority. The treasurer shall deposit the monies in a separate account or
accounts in one or more bank or banks or trust companies which are duly qualified and doing
business in the State of Alabama; provided, however, that the authority may by...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-39A-11.03.htm - 3K - Match Info - Similar pages
16-33C-10
Section 16-33C-10 ACES Program generally. (a) The ACES Program is established as one
college savings alternative under the plan whereby contributors open ACES savings accounts
according to savings agreements for the payment of qualified higher education costs for a
designated beneficiary at eligible educational institutions, terms as defined in Section
529 of the Internal Revenue Code of 1986, as amended, or other applicable federal law. The
ACES Program includes the ACES Trust Fund, the ACES Administrative Fund, and the ACES Opportunity
Enhancement Fund created pursuant to this chapter. The ACES Program may be marketed under
a different name than ACES. (b) The ACES Trust Fund is hereby created and shall be comprised
of separate ACES savings accounts held in segregated accounts as established by savings agreements.
Funds contributed to the ACES savings accounts established pursuant to the ACES Program are
held in trust by the Savings Board for the sole benefit of the contributor and...
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36-15-1
Section 36-15-1 Duties generally. The Attorney General shall keep his or her office
at the capital city and perform the following duties: (1)a. He or she shall give his or her
opinion in writing, or otherwise, on any question of law connected with the interests of the
state or with the duties of any of the departments, when required by the Governor, Secretary
of State, Auditor, Treasurer, Superintendent of Education, Commissioner of Agriculture and
Industries, Director of Finance, Comptroller, State Health Officer, Public Service Commissioners,
Commissioner of Conservation and Natural Resources, or the Commissioner of the Department
of Revenue or any other officer or department of the state when it is made, by law, his or
her duty so to do, and he or she shall also give his or her opinion to the Chairman of the
Judiciary Committee of either house, when required, upon any matter under the consideration
of the committee. b. The Attorney General shall give his or her opinion, in writing...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-15-1.htm - 9K - Match Info - Similar pages
40-13-5
Section 40-13-5 Deposit of proceeds; disbursement and appropriation of funds. (a) The
entire proceeds from the privilege or license tax levied by Section 40-13-2 shall be
deposited in the State Treasury to the credit of the Alabama State Docks Bulk Handling Facility
Trust Fund. The proceeds from the special handling charge provided for by Act No. 2306 of
the 1971 Regular Session of the Legislature shall be deposited in the State Treasury to the
credit of a fund to be created and known as the Special Handling Charge Fund. (b) The amounts
deposited into such funds shall be disbursed and are hereby appropriated to the extent necessary
for such purpose, to pay at their respective maturities, or to redeem under the terms thereof,
principal of and interest on any revenue bonds that may at any time be issued pursuant to
authorization and any statute adopted at the 1971 Regular Session of the Alabama Legislature
or at any other legislative session prior thereto for the purpose of constructing...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/40-13-5.htm - 2K - Match Info - Similar pages
41-14A-9
Section 41-14A-9 Procedures for payment of losses. (a) When the State Treasurer becomes
aware that a default or insolvency has occurred, the State Treasurer shall provide notice
as required in subsection (b) and implement the following procedures: (1) The State Treasurer
shall obtain information from the Superintendent of Banks of the State Banking Department
or the receiver of the qualified public depository in default in order to ascertain the amount
of funds of each public depositor on deposit at such depository and the amount of deposit
insurance applicable to such deposits. (2) The potential loss to public depositors shall be
calculated by compiling claims received from public depositors. The State Treasurer shall
validate claims of public depositors who filed claims under subsection (b) and which have
been confirmed under subdivision (1). (3) The loss to public depositors shall be satisfied,
insofar as possible, first through any applicable deposit insurance and then through the...
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41-29-505
Section 41-29-505 Deposit and investment of and disbursements from bond proceeds. (a)
The proceeds of all bonds, other than refunding bonds, issued by the authority remaining after
paying expenses of their issuance, shall be deposited in the state treasury and shall be carried
in the state treasury in a special or separate account or accounts. Such funds shall be subject
to be drawn upon by the authority, but any funds so withdrawn shall be used solely for the
purposes for which the bonds were issued as authorized in this article. (b) The state treasurer,
with the approval of the secretary of the authority, shall invest funds not needed by the
authority within the ensuing thirty days for any purpose for which they are held, which investments
shall be made in the manner authorized and provided for in Section 36-17-18. The state
treasurer and the authority may apply so much as may be necessary from the earnings on said
investments toward satisfaction of the arbitrage rebate requirements...
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9-17-138
Section 9-17-138 Termination of fund. Should the board determine that all coalbed methane
gas wells in the State of Alabama have been plugged and abandoned, or should the board determine,
after notice and hearing, that the fund is no longer necessary in order to carry out the purposes
of this article, then the supervisor shall so certify this determination to the state Comptroller
and the State Treasurer and all moneys in the fund shall, promptly following the filing with
the state Comptroller and the State Treasurer of such certification, be disbursed and are
hereby appropriated to all counties in the State of Alabama where coalbed methane gas wells
shall have been permitted pursuant to the provisions of this chapter, to be divided among
such counties based on the number of coalbed methane gas wells permitted in each such county,
for deposit into the general funds of such counties, and to be used for those purposes for
which said general funds were established. (Acts 1990, No. 90-635,...
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9-2-20.1
Section 9-2-20.1 Game and Fish Fund - Alabama Game and Fish Endowment Fund created as
special account; administration; restrictions; use of income. (a) There is hereby created
within the Game and Fish Fund a special account to be known as the Alabama Game and Fish Endowment
Fund. The assets of said fund shall consist of the following: (1) The proceeds from the sale
of the lifetime hunting, lifetime fishing, and combination lifetime hunting and fishing licenses
provided in subsections (a) through (c) of Section 9-11-65; (2) The proceeds of any
gifts, grants and contributions to the state which are specifically designated for inclusion
in said fund; and (3) Such other sources as may be specified by law. (b) The Alabama Game
and Fish Endowment Fund shall be administered by a board of trustees consisting of the Director
of Finance, the Secretary-Treasurer of the State Employees' Retirement System and the Commissioner
of the Department of Conservation and Natural Resources. Said board of...
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9-2-20.2
Section 9-2-20.2 Game and Fish Fund - Alabama Nongame Wildlife Endowment. (a) There
is hereby created within the Game and Fish Fund a special account to be known as the Alabama
Nongame Wildlife Endowment. The assets of said account shall consist of the following: (1)
The proceeds from the sale of reproductions of the said print and/or stamp; (2) The proceeds
of any gifts, grants and contributions to the state which are specifically designated for
inclusion in said account; and (3) Such other sources as may be specified by law. (b) The
Alabama Nongame Wildlife Endowment shall be administered by a board of trustees consisting
of the Director of Finance, the Secretary-Treasurer of the State Employees' Retirement System
and the Commissioner of the Department of Conservation and Natural Resources. Said board of
trustees shall have the power and authority to invest and reinvest the assets of the account
within the guidelines, limitations and restrictions that govern investment of the State...
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