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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;...
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40-17-359
Section 40-17-359 Distribution and use of proceeds. (a) For the purpose of this section, the
following terms shall have the meanings ascribed below: (1) BASE ANNUAL COUNTY DISTRIBUTION.
Five hundred fifty thousand dollars ($550,000). (2) COST OF COLLECTION. The amounts from the
proceeds of the highway gasoline tax that may be appropriated by the Legislature to the department
for its operating expenses. (3) COUNTY. Each county in the state. (4) FISCAL YEAR. The fiscal
year of the state. (5) DEPARTMENT OF TRANSPORTATION. The Department of Transportation of the
state. (6) HIGHWAY GASOLINE TAX. Both of the following: a. The excise tax levied under subdivision
(1) of subsection (a) of Section 40-17-325, with the exception of those portions of the tax
levied on aviation fuel and marine gasoline. b. The excise tax levied by Sections 40-17-140
to 40-17-155, inclusive, except that portion of the tax imposed on diesel fuel. (7) LOCAL
SUBDIVISIONS' SHARES OF THE NET TAX PROCEEDS. The 55 percent...
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11-50A-8
Section 11-50A-8 Powers of the authority. In addition to other powers granted the authority
by this chapter, it shall have all powers consistent with the purposes of the authority as
set forth in Section 11-50A-3, which are necessary or convenient to carry out and effectuate
the purposes and provisions of this chapter, including, but without limiting the generality
of the foregoing, the following enumerated powers, which shall be exercised by the authority
consistently with the provisions of Section 11-50A-3: (1) To sue and be sued and to prosecute
and defend in any court having jurisdiction of the subject matter and of the parties thereto;
(2) To adopt and alter a corporate seal; (3) To make and alter at pleasure all needful bylaws,
rules, and regulations for the transaction of its business and the control of its property
and affairs; (4) To have the same right of eminent domain through condemnation conferred by
Section 10-5-1, or any subsequent statute of similar import; provided...
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16-25-13.1
Section 16-25-13.1 Purchase of credit for service at Athens State University and state junior
colleges; procedure. (a) All employees of state junior colleges and Athens State University
who are participating in the Teachers' Retirement System of Alabama on July 22, 1987, may
elect to purchase credit for their total years of service rendered to such employer prior
to the time said employer was covered by the Teachers' Retirement System of Alabama, up to
a maximum of five years. (b) Any employee electing to purchase credit pursuant to subsection
(a) shall pay to the Secretary-Treasurer within one year after October 1, 1987, a lump sum
payment equal to a percentage of his or her then earnable compensation; the applicable percentage
shall be the sum of the prevailing percentage rates of employer and member contributions as
required by the actuarial valuations during the years for which such person is purchasing
prior service credit. (Acts 1987, No. 87-564, p. 881, §§ 1, 2.)...
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16-25-13.2
Section 16-25-13.2 Purchase of credit for prior service at Walker College. (a) Any active and
contributing member of the Teachers' Retirement System of Alabama, who prior to July 31, 1995,
was a regular employee of Walker College, may claim and purchase prior service credit, not
to exceed five years, for that prior service. Contributing members have one year from July
31, 1995, to make a lump sum payment in order to gain credit for up to five years of eligible
service at Walker College. (b) Any person eligible under subsection (a) to claim and purchase
credit for prior service shall be awarded credit for the service under the Teachers' Retirement
System of Alabama if he or she complies with each of the following requirements: (1) The person
provides certification to the Teachers' Retirement System no later than 60 days before the
date of his or her retirement, as to the time of service and salary for each period of claimed
service. The certification shall be made by the employing...
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25-4-74
Section 25-4-74 Maximum individual benefit entitlement during benefit year. (a) Any otherwise
eligible individual shall be entitled during any benefit year, beginning on or after July
3, 1983, to a total amount of benefits equal to whichever is the lesser of 14 times his or
her weekly benefit amount, if the state's average unemployment rate is at or below 6.5 percent,
with an additional weekly benefit amount added for each 0.5 percent increase in the state's
average unemployment rate above 6.5 percent up to a maximum of 20 times his or her weekly
benefit amount if the state's average unemployment rate equals or exceeds 9.5 percent, and
one fourth of the wages paid to him or her for insured work during his or her base period;
provided, that such total amounts of benefits, if not a multiple of one dollar ($1), shall
be computed to the nearest multiple of one dollar ($1). (b) For the purpose of this article,
wages shall be counted as "wages for insured work" with respect to any benefit...
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25-5-66
Section 25-5-66 Disposition of compensation upon remarriage of widow of employee who has another
dependent. THIS SECTION WAS AMENDED BY ACT 2019-445 IN THE 2019 REGULAR SESSION, EFFECTIVE
SEPTEMBER 1, 2019. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. (a) In case of the remarriage
of the surviving spouse of an employee who has another dependent, the unpaid balance of compensation,
which would otherwise become due, shall be paid to the dependent or may, on approval by the
court, be paid to some suitable person designated by the court for the use and benefit of
the dependent. Payment to that person shall discharge the employer from any further liability.
(b) Subsection (a) does not apply to the surviving spouse of a law enforcement officer or
firefighter who dies on or after January 1, 2018, as a result of injuries received while engaged
in the performance of his or her duties. (Code 1923, §7555; Acts 1939, No. 661, p. 1036,
§4; Code 1940, T. 26, §284; Acts 1992, No. 92-537, p. 1082,...
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36-6-11
Section 36-6-11 Longevity pay. (a) Each person employed by the State of Alabama, and all legislative
personnel, officers, or employees, including but not limited to Legislative Reference Service
personnel, whether subject to the state Merit System or not, shall be entitled to and receive
in a lump sum the first payday of December each year the sum of three hundred dollars ($300)
per annum after such employee has served for a total period of five years and shall receive
the payment until the tenth year of total service, at which time the payment shall be made
in a like manner and at a like time but in the amount of four hundred dollars ($400) per annum
until the fifteenth year of total service, at which time the payment shall be made in a like
manner and at a like time but in the amount of five hundred dollars ($500) per annum until
the twentieth year of total service, at which time the payment shall be made in a like manner
and at a like time but in the amount of six hundred dollars...
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16-13-100
Section 16-13-100 Payment of incidental costs. The board of education issuing any warrants
hereunder may pay the cost of printing the warrants, the cost of advertising the sale, the
attorneys' fees for preparing proceedings, the attorneys' fees for furnishing an opinion as
to legality acceptable to the purchaser and other expenses incidental to the issue of the
warrants, but only the actual cost thereof shall be paid and all such payments shall be made
to those actually rendering such services and not to the purchaser of the warrants, in a lump
sum or otherwise; provided, that the board of education may employ any bank or banks and person
or persons to assist in making arrangements relating to the issue of refunding warrants hereunder
and the sale or exchange thereof and may pay them for such services subject to the approval
of the State Superintendent of Education. This section shall not authorize the payment of
a commission or other compensation for procuring a purchaser of capital...
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27-15-28.2
Section 27-15-28.2 Standard nonforfeiture law for individual deferred annuities - Annuity contracts
issued after June 30, 2006, or by election under this section until June 30, 2006. (a) This
section shall be known as the standard nonforfeiture law for individual deferred annuities.
(b) This section shall not apply to any reinsurance group annuity purchased under a retirement
plan or plan of deferred compensation established or maintained by an employer (including
a partnership or sole proprietorship) or by an employee organization, or by both, other than
a plan providing individual retirement accounts or individual retirement annuities under Section
408 of the Internal Revenue Code, as now or hereafter amended, premium deposit fund, variable
annuity, investment annuity, immediate annuity, any deferred annuity contract after annuity
payments have commenced or reversionary annuity, nor to any contract which shall be delivered
outside this state through an agent or other representative...
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