27-41-32
Section 27-41-32 Particular investments - Investments relating to agricultural property securing
evidences of indebtedness held by insurers and subject to mortgage foreclosure or insolvency
proceedings. (a) If real property securing any evidence of indebtedness held by an insurer
is used for agricultural purposes and a proceeding to foreclose the mortgage or an insolvency
proceeding relating to the mortgagor has been commenced or if the mortgagor has made an assignment
for the benefit of creditors, the insurer may, for the purpose of preserving or enhancing
the earnings of such property: (1) Purchase agricultural livestock or equipment and utilize
the same or cause the same to be utilized in the operation of the property by the mortgagor
or by a receiver or trustee or by the insurer; or (2) Lend up to the value of any agricultural
equipment or livestock which may be utilized in the operation of the property on the security
of such equipment and livestock as a first lien. (b) Nothing in...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-41-32.htm - 1K - Match Info - Similar pages

45-26-142.10
Section 45-26-142.10 Powers of district; bylaws. (a) The district shall constitute a public
corporation, which shall have the power to do any and all acts or things necessary and convenient
for carrying out the purposes for which it is created, including, but not limited to, all
of the following: (1) To sue and be sued. (2) To have a seal and alter the same at pleasure.
(3) To acquire, hold, and dispose of property, real and personal, tangible and intangible,
or interests therein and to pay therefor in cash or on credit, and to secure and procure payment
of all or any part of the purchase price thereof on the terms and conditions as the board
shall determine. (4) To acquire, own, operate, maintain, and improve a system or systems.
(5) To pledge all or any part of its revenues, or mortgages, or otherwise encumber, all or
any part of its property for the purpose of securing the payment of the principal of and interest
on any of its obligations. (6) To sell, lease, mortgage, or otherwise...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-26-142.10.htm - 3K - Match Info - Similar pages

6-3-7
Section 6-3-7 Venue of actions - Against foreign and domestic corporations. (a) All civil actions
against corporations may be brought in any of the following counties: (1) In the county in
which a substantial part of the events or omissions giving rise to the claim occurred, or
a substantial part of real property that is the subject of the action is situated; or (2)
In the county of the corporation's principal office in this state; or (3) In the county in
which the plaintiff resided, or if the plaintiff is an entity other than an individual, where
the plaintiff had its principal office in this state, at the time of the accrual of the cause
of action, if such corporation does business by agent in the county of the plaintiff's residence;
or (4) If subdivisions (1), (2), or (3) do not apply, in any county in which the corporation
was doing business by agent at the time of the accrual of the cause of action. (b) The residence
of only any properly joined named class representative or...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/6-3-7.htm - 3K - Match Info - Similar pages

7-2A-103
Section 7-2A-103 Definitions and index of definitions. (1) In this article unless the context
otherwise requires: (a) "Buyer in ordinary course of business" means a person who
in good faith and without knowledge that the sale to him or her is in violation of the ownership
rights or security interest or leasehold interest of a third party in the goods, buys in ordinary
course from a person in the business of selling goods of that kind but does not include a
pawnbroker. "Buying" may be for cash or by exchange of other property or on secured
or unsecured credit and includes receiving goods or documents of title under a pre-existing
contract for sale but does not include a transfer in bulk or as security for or in total or
partial satisfaction of a money debt. (b) "Cancellation" occurs when either party
puts an end to the lease contract for default by the other party. (c) "Commercial unit"
means such a unit of goods as by commercial usage is a single whole for purposes of lease
and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/7-2A-103.htm - 10K - Match Info - Similar pages

7-8-313
Section 7-8-313 (Effective Until January 1, 1997) When delivery to the purchaser occurs; purchaser's
broker as holder. (1) Delivery to a purchaser occurs when: (a) He or a person designated by
him acquires possession of a security; or (b) His broker acquires possession of a security
specially indorsed to or issued in the name of the purchaser; or (c) His broker sends him
confirmation of the purchase and also by book entry or otherwise identifies a specific security
in the broker's possession as belonging to the purchaser; or (d) With respect to an identified
security to be delivered while still in the possession of a third person when that person
acknowledges that he holds for the purchaser; or (e) Appropriate entries on the books of a
clearing corporation are made under Section 7-8-320. (2) The purchaser is the owner of a security
held for him by his broker, but is not the holder except as specified in subparagraphs (b),
(c) and (e) of subsection (1). Where a security is part of a...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/7-8-313.htm - 1K - Match Info - Similar pages

8-15-34
Section 8-15-34 Satisfaction of owner's lien. An owner's lien as provided for a claim which
has become due may be satisfied as follows: (1) No enforcement action shall be taken by the
owner until the occupant has been in default continuously for a period of 30 days. (2) Prior
to taking enforcement action pursuant to this section, the owner shall determine whether a
financing statement has been filed in accordance with Title 7 concerning the property to be
sold or otherwise disposed of, with the Secretary of State, in the county where the self-service
storage facility is located and in the county of the occupant's last known address. (3) After
the occupant has been in default continuously for a period of 30 days, the owner may begin
enforcement action if the occupant has been notified in writing. Said notice shall be delivered
in person or sent by certified or registered mail to the last known address of the occupant.
Any lienholder with an interest in the property to be sold or...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/8-15-34.htm - 6K - Match Info - Similar pages

15-5-62
Section 15-5-62 Definitions. For the purposes of this article, the following words shall have
the following meanings: (1) FELONY OFFENSE. Any act that could be charged as a felony criminal
offense under the Code of Alabama 1975, whether or not a formal criminal prosecution or delinquent
proceeding began at the time the forfeiture was initiated. (2) FINANCIAL INSTITUTION. A bank,
credit union, or savings and loan association. (3) INNOCENT OWNER. A bona fide purchaser or
lienholder of property that is subject to forfeiture, including any of the following: a. A
person who has a valid claim, lien, or other interest in the property seized who did not know
or consent to the conduct that caused the property to be forfeited, seized, or abandoned under
subdivision (1) of Section 15-5-63. b. A person who did not participate in the commission
of a crime or delinquent act giving rise to the forfeiture. c. A victim of an alleged criminal
offense. (4) INSTITUTED PROMPTLY. The filing by the district...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/15-5-62.htm - 3K - Match Info - Similar pages

19-4-1
Section 19-4-1 Definitions. When used in this article, the following words and phrases shall
have the following meanings, respectively, unless the context clearly indicates otherwise:
(1) FIDUCIARY. An administrator, an administrator with the will annexed, an administrator
de bonis non, an executor, a trustee, a guardian, a conservator, an agent, a custodian or
a custodian or agent for another fiduciary or fiduciaries. (2) FIDUCIARY ACCOUNT. An estate,
a trust, a guardianship, a custodianship, an agency or any other fiduciary relationship, including
a custodianship or agency for another fiduciary or fiduciaries. (3) BANK. A bank or trust
company organized and existing under the laws of Alabama with authority to act as a fiduciary
and a national banking association with its principal office in the State of Alabama and with
authority to act as a fiduciary. (4) SECURITY. Any note; stock; treasury stock; bond; debenture;
evidence of indebtedness; certificate of interest or participation in...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/19-4-1.htm - 3K - Match Info - Similar pages

19-4-20
Section 19-4-20 Definitions. When used in this article, the following words and phrases shall
have the following meanings, respectively, unless the context clearly indicates otherwise:
(1) FIDUCIARY. An administrator, an administrator with the will annexed, an administrator
de bonis non, an executor, a trustee, a guardian, a conservator, an agent or a custodian.
(2) FIDUCIARY ACCOUNT. An estate, a trust, a guardianship, a custodianship, an agency or any
other fiduciary relationship, including a custodianship or agency for another fiduciary or
fiduciaries. (3) BANK. A bank or trust company organized and existing under the laws of Alabama
with authority to act as a fiduciary and a national banking association with its principal
office in the State of Alabama and with authority to act as a fiduciary. (4) SECURITY. Any
note; stock; treasury stock; bond; debenture; evidence of indebtedness; certificate of interest
or participation in an oil, gas or mining title or lease or in payments out...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/19-4-20.htm - 1K - Match Info - Similar pages

24-1-27
Section 24-1-27 Powers and duties of authority. (a) An authority shall constitute a public
body and a body corporate and politic exercising public powers, and having all the powers
necessary or convenient to carry out and effectuate the purposes and provisions of this article,
including the following powers in addition to others granted in this article: (1) To investigate
into living, dwelling and housing conditions and into the means and methods of improving such
conditions. (2) To determine where unsafe or unsanitary dwelling, public school or housing
conditions exist. (3) To study and make recommendations concerning the plan of any city located
within its boundaries in relation to the problem of clearing, replanning, and reconstruction
of areas in which unsafe or unsanitary dwelling, public school, or housing conditions exist,
and the provision of dwelling accommodations for persons of low income, and to cooperate with
any city or regional planning agency. (4) To prepare, carry out,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/24-1-27.htm - 9K - Match Info - Similar pages