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27-34-37
Section 27-34-37 Annual statements - Valuation of certificates; reserves. (a) As a part
of the annual statement required under Section 27-34-36, each society shall, on or
before March 1, file with the commissioner a valuation of its certificates in force on December
31 last preceding; provided, however, that the commissioner may, in his discretion for cause
shown, extend the time for filing such valuation for not more than two calendar months. Such
report of valuation shall show, as reserve liabilities, the difference between the present
midyear value of the promised benefits provided in the certificates of such society in force
and the present midyear value of the future net premiums as the same are in practice actually
collected, not including therein any value for the right to make extra assessments and not
including any amount by which the present midyear value of future net premiums exceeds the
present midyear value of promised benefits on individual certificates. At the option of...
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29-6-7
Section 29-6-7 Powers and duties of Legislative Council. (a) In addition to the powers
otherwise provided in this chapter, the Legislative Council shall: (1) Approve budget requests,
provide accounting services, make purchases, and provide mail distribution, property inventory,
telephone service, electronic media services, recycling services, and building maintenance
services for the Legislative Department, and all agencies and entities, respectively, therein.
(2) Allocate space in the Alabama State House, including to the Senate and the House of Representatives.
In carrying out its responsibilities under this subdivision, the Legislative Council may charge
and collect rent from any entity allocated space in the Alabama State House at a rate set
by the council. The council may establish a special fund in the State Treasury to receive
funds from any source to maintain the State House property. Funds in the special fund are
continuously appropriated for the exclusive use of the...
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8-7A-6
Section 8-7A-6 Application for license. (a) A person applying for a license under this
chapter shall do so in a form and in a medium prescribed by the commission. The application
shall contain all of the following information: (1) The legal name, the residential address
of the applicant if the applicant is an individual, the business addresses of the applicant,
and any fictitious or trade name used by the applicant in conducting its business. (2) A list
of any criminal convictions of the applicant and any material litigation in which the applicant
has been involved in the 10-year period preceding the submission of the application. (3) A
description of any money transmission services previously provided by the applicant. (4) A
list of the proposed authorized delegates of the applicant and the locations in this state
where the applicant and its authorized delegates propose to engage in money transmission services.
(5) A list of other states in which the applicant is licensed to engage in...
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11-101A-8
Section 11-101A-8 Powers of authority. (a) In addition to all other powers granted elsewhere
in this chapter, and subject to the express provisions of its certificate of incorporation,
an 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, or until dissolved as provided in Section 11-101A-24. (2) To sue and
be sued in its own name in civil suits and actions, and to defend suits and actions against
it, subject, however, to Chapter 93 of this title, which chapter is hereby made applicable
to the authority. (3) To adopt, alter, amend, and repeal bylaws, regulations, and rules for
the regulation and conduct of its affairs and business. (4) To adopt and make use of a corporate
seal and to alter the same at pleasure. (5) To acquire, whether by purchase,...
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11-50A-18
Section 11-50A-18 Revenues of authority; rates; assignment to trustee; use of revenues.
(a) For the purpose of earning sufficient revenues to make possible the payment of all ownership
costs of the authority relating to any project, the authority is authorized, empowered and
directed to fix and revise rates and collect fees, tolls, and other charges with respect to
each project which it shall cause to be acquired or constructed. Such rates, fees, tolls,
and other charges to be paid for the output, capacity, use or service of each project and
other resources of the authority shall be so fixed and adjusted from time to time as to provide
funds at least sufficient with other revenues, if any, of the authority and of each of its
projects: (1) To pay the costs of operating, maintaining, leasing, repairing, and disposing
of projects, including reserves for insurance and extraordinary repairs, reserves for renewals
and replacements, reserves for fuel, reserves for working capital, reserves...
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11-65-36
Section 11-65-36 Application of net commission revenues. All commission horse wagering
fees, commission greyhound wagering fees, and other fees, commissions, and moneys, including
fines and forfeitures, to which a commission shall be entitled under the provisions of this
chapter shall be paid to the treasurer of such commission and shall be deposited by said treasurer
to the account of such commission. Except for the gross profits of any commission racing day
and the commission greyhound wagering fee referable to greyhound racing on such day that may
be set aside for specific public entities or charitable organizations pursuant to Section
11-65-30.1(c), all such moneys to which a commission shall be entitled that remain after (i)
the payment of all expenses incurred in the administration of this chapter, including (without
limitation thereto) the payment of the salaries and expenses of the members and employees
of such commission, and (ii) the deposit into the breeding fund of all...
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33-17-8
Section 33-17-8 Powers enumerated. The authority shall have the following powers: (1)
To have succession by its corporate name without time limit; (2) To bring civil actions and
have civil actions brought against it and to prosecute and defend in any court having jurisdiction
of the subject matter and of the parties; (3) To have and to use a corporate seal and to alter
the same at pleasure; (4) To receive, take and hold by sale, gift, lease, devise or otherwise
real and personal property of every kind and description, and to manage the same; (5) To acquire
by purchase, gift or the exercise of the power of eminent domain, or by any other lawful means,
any property, whether real, personal or mixed, the acquisition of which is found by the board
to be necessary or convenient to the authority in the carrying out of the purposes for which
the authority is authorized to be organized, and to lease or convey any such property or to
cause any such property to be leased or conveyed to the United...
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41-14A-5
Section 41-14A-5 Collateral for public deposits; general provisions. (a) Every qualified
public depository shall maintain on deposit with a custodian, to be held subject to the order
of the State Treasurer or the State Treasurer's designee (which may be a financial institution
designated by the State Treasurer), eligible collateral having a market value equal to or
in excess of the amount of collateral required under this section. (b) Each qualified
public depository shall be required to pledge collateral, in accordance with procedures established
by the board of directors, equal to or exceeding the greater of the following: (1) The generally
applicable pledging requirement; and (2) the applicable percentage of the qualified public
depository's net average daily balance of public deposits established under rules or orders
adopted pursuant to subsection (c) or subsection (d) below. (c) The State Treasurer may, from
time to time, in his or her discretion require that certain qualified...
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11-81-241
Section 11-81-241 Definitions. For the purposes of this article, the following words
shall have the following meanings: (1) COSTS OF A QUALIFIED PROJECT. All costs including,
but not limited to, the following: a. All costs of acquisition, by purchase or otherwise,
construction, assembly, installation, modification, renovation, or rehabilitation incurred
in connection with any qualified project or any part of any qualified project. b. All costs
of real property, fixtures, or personal property used in or in connection with or necessary
for any qualified project or for any facilities related thereto, including, but not limited
to, the following: 1. The cost of all land, estates for years, easements, rights, improvements,
water rights, connections for utility services, fees, franchises, permits, approvals, licenses,
and certificates. 2. The cost of securing any franchises, permits, approvals, licenses, or
certificates. 3. The cost of preparation of any application therefor and the cost of...
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16-13-231
Section 16-13-231 Purposes and plan of apportionment. (a) In addition to all other appropriations
and apportionments of public school money now provided by law and made available for public
schools there shall be apportioned and paid to local boards of education from the Foundation
Program Fund, the amounts to be determined as hereinafter provided and in accordance with
regulations of the State Board of Education. This Foundation Program Fund shall be used principally:
(1) To aid in providing at least a 180 full instructional day minimum school term, or the
hourly equivalent thereof, except as otherwise provided in paragraph c. of subdivision (1)
of subsection (b); and, (2) To assist in the promotion of educational opportunity for all
children in the public schools. (b) The following requirements and procedures, supplemented
when necessary by regulations of the State Board of Education, shall govern the apportionment
of the fund: (1) REQUIREMENTS FOR PARTICIPATING IN FUND. In order for...
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