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27-40-11
Section 27-40-11 Procedure for cancellation of insurance contract upon default. (a) When a
premium finance agreement contains a power of attorney enabling the premium finance company
to cancel any insurance contract or contracts listed in the agreement, the insurance contract
or contracts shall not be cancelled by the premium finance company unless such cancellation
is effectuated in accordance with this section. (b) Not less than 10-day written notice shall
be mailed to the insured, at his last known address as shown on the records of the premium
finance company, of the intent of the premium finance company to cancel the insurance contract
unless the default is cured within such 10-day period. (c) After the notice in subsection
(b) of this section has expired, the premium service company may thereafter request, in the
name of the insured, cancellation of such insurance contract by mailing to the insurer a notice
of cancellation, and the insurance contract shall be cancelled as if such...
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31-13-3
Section 31-13-3 Definitions. For the purposes of this chapter, the following words shall have
the following meanings: (1) ALIEN. Any person who is not a citizen or national of the United
States, as described in 8 U.S.C. § 1101, et seq., and any amendments thereto. (2) BUSINESS
ENTITY. Any person or group of persons employing one or more persons performing or engaging
in any activity, enterprise, profession, or occupation for gain, benefit, advantage, or livelihood,
whether for profit or not for profit. Business entity shall include, but not be limited to,
the following: a. Self-employed individuals, business entities filing articles of incorporation,
partnerships, limited partnerships, limited liability companies, foreign corporations, foreign
limited partnerships, foreign limited liability companies authorized to transact business
in this state, business trusts, and any business entity that registers with the Secretary
of State. b. Any business entity that possesses a business...
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41-23-61
Section 41-23-61 Definitions. As used in this article, the following words and phrases shall
have the following meanings: (1) ADVISORY COUNCIL. A subcommittee of the committee. (2) BASE
FUNDS. Any money not appropriated pursuant to this article, that is used to match the state
funds. Base funds may be federal, local, private, foundation grants, or money derived from
any other source. (3) COMMITTEE. The Regional Revolving Loan Policy Committee established
by Section 41-23-51. (4) CONTRACTUAL SERVICES. Any services necessary for the implementation
of and the administration of this article. (5) DEPARTMENT. The Alabama Department of Economic
and Community Affairs. (6) INCUBATOR. A multitenanted facility characterized by shared business
services, equipment, space, and access to on-premises business consultants. (7) LEGAL ENTITY.
Any authority, agency, regional planning and development commission, city government, county
government, or subdivisions thereof to which the state may grant funds....
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10A-21-2.07
Section 10A-21-2.07 Condemnation of water sources, riparian rights and necessary lands by waterworks
corporation. (a) Corporations authorized to construct and operate waterworks for the supplying
of municipalities and their inhabitants, or others living or doing business in the vicinity
of them, with water shall have the power, in order to obtain a supply of water for their storage
ponds, reservoirs, pipes, and canals, to take over and use, after condemning the same, water
of any river, stream, spring, or other water source which may be necessary for them to use
for that purpose. They may also acquire by condemnation riparian rights and all lands adjacent
to such streams or water sources as shall be necessary to protect and preserve the purity
of such supply; and they shall also have the power to condemn rights-of-way and sites of any
necessary area for pipelines, ditches, canals, dams, storage ponds, reservoirs, and other
necessary purposes for the operation of their waterworks and...
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26-1A-103
Section 26-1A-103 Applicability. (a) This chapter applies to all powers of attorney, executed
on or after January 1, 2012, except: (1) a power to the extent it is coupled with an interest
in the subject of the power, including a power given to or for the benefit of a creditor in
connection with a credit transaction; (2) a proxy or other delegation to exercise voting rights
or management rights with respect to an entity; and (3) a power created on a form prescribed
by a government or governmental subdivision, agency, or instrumentality for a governmental
purpose. (b) A power to make health care decisions executed on or after January 1, 2012, is
governed by Section 26-1A-404. Nothing in this chapter shall affect any action taken under
the Natural Death Act, Chapter 8A of Title 22. (Act 2011-683, p. 2015, §1.)...
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10A-1-7.35
Section 10A-1-7.35 Out of state business or property of foreign entity not subject to control
or regulation. (a) The public interest lying in the promotion of business and industry in
this state, it is the intent of the Legislature and declared to be the policy of the State
of Alabama by passage of this section to promote and encourage industry and business in Alabama
and specifically to induce the location within this state of the principal administrative
office, principal distribution or manufacturing plant or principal place of business of foreign
entities engaged in manufacturing, industrial, commercial, business, transportation, utility,
public service, and research enterprises. This section shall be liberally construed in conformity
with this intention. (b) When a foreign entity that transacts only a portion of its business
in this state has located, or is in the process of locating, its principal administrative
office, its principal distribution or manufacturing plant or its...
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10A-5-4.01
Section 10A-5-4.01 Management of the limited liability company; creation of classes; voting;
rights; meetings. REPEALED IN THE 2014 REGULAR SESSION BY ACT 2014-144 EFFECTIVE JANUARY 1,
2017. (a) Unless otherwise stated in the certificate of formation, the management of the limited
liability company is vested in its members. Subject to any provisions in the operating agreement
or this chapter restricting or enlarging the management rights and duties of any person or
group or class of persons, the members shall have the right and authority to manage the business
or affairs of the limited liability company and to make all decisions with respect thereto.
(b) If the certificate of formation vests management of the limited liability company in one
or more managers, then the managers shall have the power to manage the business or affairs
of the limited liability company as provided in the operating agreement. Except as otherwise
provided in the operating agreement, the managers: (1) Shall be...
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26-1A-201
Section 26-1A-201 Authority that requires specific grant; grant of general authority. (a) An
agent under a power of attorney may do the following on behalf of the principal or with the
principal's property only if the power of attorney expressly grants the agent the authority
and exercise of the authority is not otherwise prohibited by another agreement or instrument
to which the authority or property is subject: (1) create, amend, revoke, or terminate an
inter vivos trust; (2) [reserved]; (3) create or change rights of survivorship; (4) create
or change a beneficiary designation; (5) delegate authority granted under the power of attorney;
(6) waive the principal's right to be a beneficiary of a joint and survivor annuity, including
a survivor benefit under a retirement plan; or (7) exercise fiduciary powers that the principal
has authority to delegate. (b) Notwithstanding a grant of authority to do an act described
in subsection (a), unless the power of attorney otherwise expressly...
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28-9-2
Section 28-9-2 Definitions. (a) The following words or phrases, or the plural thereof, whenever
they appear in this chapter, unless the context clearly requires otherwise, shall have the
meanings ascribed to them in this section: (1) AGREEMENT. Any agreement between a wholesaler
and a supplier, whether oral or written, whereby a wholesaler is granted the right to purchase
and sell a brand or brands of beer sold by a supplier. (2) ANCILLARY BUSINESS. A business
owned by a wholesaler, by a substantial stockholder of a wholesaler, or by a substantial partner
of a wholesaler the primary business of which is directly related to the transporting, storing,
or marketing of the brand or brands of beer of a supplier with whom the wholesaler has an
agreement; or a business owned by a wholesaler, a substantial stockholder of a wholesaler
or a substantial partner of a wholesaler which recycles empty beverage containers. (3) DESIGNATED
MEMBER. The spouse, child, grandchild, parent, brother or sister...
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45-2-22.02
Section 45-2-22.02 Definitions. (a) The following words or phrases, or the plural thereof,
whenever they appear in this part, unless the context clearly requires otherwise, shall have
the meaning ascribed to them in this section: (1) AGREEMENT. Any agreement between a wholesaler
and a supplier, whether oral or written, whereby a wholesaler is granted the right to purchase
and sell a brand or brands of wine sold by a supplier. (2) ANCILLARY BUSINESS. A business
owned by a wholesaler, or by a substantial partner of a wholesaler, the primary business of
which is directly related to the transporting, storing, or marketing of the brand or brands
of wine of a supplier with whom the wholesaler has an agreement; or a business owned by a
wholesaler, a substantial stockholder of a wholesaler, or a substantial partner of a wholesaler
which recycles empty beverage containers. (3) DESIGNATED MEMBER. The spouse, child, grandchild,
parent, brother, or sister of a deceased individual who owned an...
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