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34-4-54
Section 34-4-54 Record of proceedings; funds; audit. The executive director of the board shall
keep a record of the proceedings of the board. The board shall deposit all the funds received
and credited by the board into the State Treasury into an account hereby established to be
known as the "Alabama State Board of Auctioneers Fund." All money derived under
this chapter shall be deposited into the fund and used only to carry out the requirements
of this chapter. No money shall be paid out of the fund except by warrant of the Comptroller
upon the State Treasury after approval of itemized vouchers by the executive director of the
board or an authorized designee. (Acts 1973, No. 811, p. 1236, §10; Acts 1988, No. 88-138,
p. 201, §3; Act 2014-329, p. 1215, §1.)...
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40-10-129
Section 40-10-129 Deposit of redemption money - Lands bid in by state. When lands which have
been bid in by the state are redeemed, the judge of probate must immediately pay over to the
tax collector of the county the entire amount of money received by such judge of probate on
such redemption. The tax collector shall pay over to the proper authorities the fees of such
officers that accrued in the sale and shall determine the proportionate amounts of the redemption
money belonging to the state, including advertising fees, and the amounts of such redemption
money belonging to the county and to the school fund and to any municipality and to each holder
of a tax lien certificate. The tax collector shall monthly, by the tenth day of the month
next after the month in which the redemption was made, pay over such proportions to the proper
authorities, respectively, after deducting therefrom the commissions allowed by law to tax
collectors for collecting taxes; and he shall certify to the Land...
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41-10-432
Section 41-10-432 Funds appropriated for Alabama Real Estate Commission Building Authority
Fund; state to have no further obligations or rights after property, contracts, etc., assigned,
transferred or conveyed. Upon issuance of the certificate of incorporation, all funds appropriated
from the Real Estate Commission Fund for purposes of capital outlay by Acts of Alabama 88-777
and 88-953, which remain unspent or unencumbered, are hereby transferred to a fund in the
State Treasury to be known as the Alabama Real Estate Commission Building Authority Fund.
All funds received by the authority from any source whatsoever shall be deposited into such
fund. Moneys contained therein are hereby appropriated for the purposes set forth in this
article; said funds shall not revert to any other fund at the end of a fiscal year but are
hereby reappropriated to the authority to be expended for any lawful purpose. Upon issuance
of the certificate of incorporation and pursuant to a written transfer,...
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9-16-12
Section 9-16-12 Disposition of fees and penalties. (a) All fees and penalties collected under
the provisions of this article shall be deposited in the General Fund of the State Treasury.
(b) All funds received from the forfeiture of bonds, sureties, cash, or governmental securities
shall be placed in the State Treasury and credited to a special agency account created and
designated as the Surface Mining Reclamation Fund. The department shall, for each bond, surety,
or deposit of cash or securities forfeited, utilize the proceeds of the forfeiture for the
reclamation of affected lands. The director may establish and carry out a systematic schedule
for the reclamation and revegetation of lands which have been affected by strip mining operations
and to which there is no obligation on any person to reclaim or revegetate. The department
may cause the reclamation work to be done by employees of other governmental agencies or through
contracts with qualified vendors. The department and any...
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16-33C-24
Section 16-33C-24 ABLE Program generally. (a) The ABLE Program includes the ABLE Trust Fund,
and may be marketed under a different name than ABLE. The ABLE Trust Fund is hereby created
and comprised of separate ABLE Savings Accounts established pursuant to this chapter. The
ABLE Trust Fund receives contributions to ABLE Savings Accounts. One or more persons may make
contributions to an ABLE Savings Account. (b) Available sources of funds, public or private,
including any administrative fees received from ABLE contracting parties, shall be deposited
in the State Treasury Operations Fund. All ABLE Program expenses, including operating, administrative
and marketing, shall be paid from the State Treasury Operations Fund. For reporting purposes,
ABLE Program expenses will be segregated by unit or such other accounting method as provided
in the State's STAARS system, or similar system. (c) Property and income of the ABLE Program
and ABLE Trust Fund shall be exempt from all taxation by the...
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19-3-120.1
Section 19-3-120.1 Investments in common trusts, collective investment funds, and interests
of investment companies and trusts. In addition to the investments authorized by Section 19-3-120,
by any other provision of law for the investment of funds held by a trustee, executor, administrator,
guardian, conservator or other fiduciary, or by the will, trust agreement or other document
which is the source of authority, such fiduciary, other than a trustee governed by Chapter
3B, may invest in and hold (1) interests, however evidenced, in any common trust fund or other
collective investment fund maintained by any national or state chartered bank, trust company
or savings and loan association having trust powers, or (2) securities of or other interests
in any open-end or closed-end management type investment company or investment trust registered
under the Investment Company Act of 1940, as from time to time amended, so long as the portfolio
of such common trust fund, collective investment...
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19-3A-409
Section 19-3A-409 Deferred compensation, annuities, and similar payments. (a) In this section:
(1) "Payment" means a payment that a fiduciary may receive over a fixed number of
years or during the life of one or more individuals because of services rendered or property
transferred to the payer in exchange for future payments. The term includes a payment made
in money or property from the payer's general assets or from a separate fund created by the
payer. For purposes of subsections (d), (e), (f), and (g), the term also includes any payment
from any separate fund, regardless of the reason for the payment. (2) "Separate fund"
includes a private or commercial annuity, an individual retirement account, and a pension,
profit-sharing, stock-bonus, or stock-ownership plan. (b) To the extent that a payment or
portion thereof is characterized by other sections of this chapter as income in the hands
of the payer, a fiduciary shall allocate such payment or portion thereof to income. The...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/19-3A-409.htm - 6K - Match Info - Similar pages
26-8-44
Section 26-8-44 Removal of property or money when minor or ward and conservator nonresidents
- Authorization generally. When the conservator and the minor or ward are both nonresidents
and the minor or ward is entitled to any property in this state or is or will be entitled
to any money from any estate, the administration of which is pending in this state, whether
such estate shall or shall not have been finally settled, and the money or property may be
removed to another state without conflict with any restriction or limitation thereupon and
without impairing the right of the minor or ward thereto, such money and property may be received
and removed to the state of the residence of the minor or ward upon application of the conservator
to the judge of probate of the county in which the property of the minor or ward or the principal
part thereof may be or in which such administration may be pending in the manner following.
(Code 1852, §2032; Code 1867, §2442; Code 1876, §2797; Code...
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41-10-750
Section 41-10-750 Legislative Findings and Purpose. (a) The Legislature finds and declares
the following: (1) In recent years, withdrawals have been made from the Alabama Trust Fund
and the General Fund Rainy Day Account of the Alabama Trust Fund for current budgetary purposes.
The Constitution and laws of the State of Alabama require repayment of the withdrawals and
the Legislature recognizes the need to restore those funds to their prescribed levels. (2)
It is desirable and in the public interest to establish a public corporation of the State
of Alabama with the power to issue bonds for the purpose of making transfers to and deposits
in the Alabama Trust Fund and the General Fund Rainy Day Account of the Alabama Trust Fund,
to provide additional funds to the Alabama Medicaid Agency, and for paying the costs of transportation
projects, and to appropriate and pledge a portion of the revenues to be received by the state
from the settlement of certain claims against BP Exploration and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-750.htm - 2K - Match Info - Similar pages
41-23-100
Section 41-23-100 Establishment of fund; sources of monies. (a) The Neighbors Helping Neighbors
Fund is established in the State Treasury to provide eligible recipients weatherization assistance.
(b) The monies in the fund shall consist of any of the following: (1) Contributions from taxpayers
received by the Department of Revenue and transferred to the fund. (2) Appropriations from
the Legislature. (3) Donations from private sources. (4) Interest earned on principal remaining
in the fund. (c) The monies in the fund shall not revert to the General Fund at the end of
the fiscal year. (Acts 1996, No. 96-660, p. 1058, §1.)...
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