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41-14A-2
Section 41-14A-2 Definitions. As used in this chapter, the following words and terms
shall have the following meanings: (1) AVERAGE MONTHLY BALANCE OF PUBLIC DEPOSITS. The sum
of the average daily balances of public deposits, meaning the net average daily balances of
public deposits determined without any deduction for deposit insurance, for the reported month
and the 11 months preceding that month, divided by 12. (2) BOARD OF DIRECTORS or BOARD. The
Board of Directors of the SAFE Program established under Section 41-14A-6. The board
of directors shall consist of eight members. (3) COLLATERAL-PLEDGING LEVEL or COLLATERAL-PLEDGING
REQUIREMENT. The percentage or percentages of collateral, in relation to one or more levels
of public deposits held, required to be pledged by a qualified public depository as determined
in accordance with the provisions of this chapter or rules or orders of the board adopted
pursuant to this chapter. (4) COVERED PUBLIC ENTITY. The state and its political...
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11-65-20
Section 11-65-20 Terms of operator's license. (a) An operator's license issued under
this chapter, whether for horse racing and pari-mutuel wagering thereon or for greyhound racing
and pari-mutuel wagering thereon, shall be for an initial period of 20 years, but shall be
subject to renewal as provided in this section. A commission shall have no power to
modify the terms of an operator's license, once issued, without the prior written consent
of the holder of such license. An operator's license shall be reviewed annually, but such
license shall be revocable by the commission only if the holder thereof shall not be in compliance
with the provisions of this chapter or the valid rules, regulations and orders of the commission
and such noncompliance shall have continued for 60 days after written notice shall be given
to such holder by the commission stating the circumstances of noncompliance and demanding
corrective action. (b) A commission issuing an operator's license shall state therein...
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45-39-221.03
Section 45-39-221.03 Powers of tourism board. (a) The tourism board may conduct programs
and events, including, but not limited to, programs of information and publicity, sporting
events, and other public events to attract tourists and visitors to the county. The tourism
board may conduct programs or events in the state and elsewhere and expend its funds in the
furtherance of such programs and events in the state and elsewhere. (b) The tourism board
may enter into contracts with any person, firm, corporation, or association to carry out the
purposes set forth herein. No contract entered into by the tourism board shall bind either
the state, the county, or any municipality. (c) The tourism board shall have the following
additional powers, together with all powers incidental thereto or necessary to the discharge
thereof in corporate form: (1) To sue and be sued in its own name in civil suits and actions,
and to defend suits and actions against it, including suits and actions ex delicto...
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11-32-7
Section 11-32-7 Powers of authority. (a) The authority shall exercise powers and duties
necessary to the discharge of its powers and duties in corporate form as follows: (1) Have
succession by its corporate name in perpetuity subject to Section 11-32-20. (2) Sue
and be sued in its own name in civil suits and actions and defend suits against it. (3) Adopt
and make use of a corporate seal and alter the same at its pleasure. (4) Adopt and alter bylaws
for the regulation and conduct of its affairs and business. (5) Acquire, receive, take, by
purchase, gift, lease, devise, or otherwise, and hold property of every description, real,
personal, or mixed, whether located in one or more counties or municipalities and whether
located within or outside the authorizing county. (6) Make, enter into, and execute contracts,
agreements, leases, and other instruments and take other actions as may be necessary or convenient
to accomplish any purpose for which the authority was organized, or exercise any...
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11-97-8
Section 11-97-8 Powers of corporation; location of facilities of corporation. (a) Every
corporation shall have all of the powers necessary and convenient to carry out and effectuate
the purposes and provisions of this chapter, including (without limiting the generality of
the foregoing) the following powers: (1) To have succession in its corporate name for the
duration of time (which may be in perpetuity, subject to the provisions of Section
11-97-22 hereof) specified in its certificate of incorporation; (2) To sue and be sued in
its own name in civil suits and actions and to defend suits against it; (3) To adopt and make
use of a corporate seal and to alter the same at pleasure; (4) To adopt, alter, and repeal
bylaws, regulations, and rules, not inconsistent with the provisions of this chapter, for
the regulation and conduct of its affairs and business; (5) To acquire, whether by gift, purchase,
transfer, foreclosure, lease, or otherwise, to construct and to expand, improve, operate,...
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22-21-318
Section 22-21-318 Powers of authority. (a) In addition to all other powers granted elsewhere
in this article, 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 22-21-339; (2) To sue and be
sued in its own name in civil suits and actions, and to defend suits and actions against it,
including suits and actions ex delicto and ex contractu, subject, however, to the provisions
of Chapter 93 of Title 11, which chapter is hereby made applicable to the authority; (3) To
adopt and make use of a corporate seal and to alter the same at pleasure; (4) To adopt, alter,
amend and repeal bylaws, regulations and rules, not inconsistent with the...
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4-3-47
Section 4-3-47 Powers of authority generally. The 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; (2) To sue and be sued
in its own name in civil actions, excepting actions in tort against the authority; (3) To
adopt and make use of a corporate seal and to alter the same at pleasure; (4) To adopt and
alter bylaws for the regulation and conduct of its affairs and business; (5) To acquire, receive,
take and hold, whether by purchase, option to purchase, gift, lease, devise or otherwise,
property of every description, whether real, personal or mixed, whether in one or more counties
and whether within or without the corporate limits of any authorizing subdivision, and to
manage said property and to develop any property and to sell, exchange, lease or...
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40-27-1
Section 40-27-1 Compact adopted; terms. The following Multistate Tax Compact is hereby
approved, adopted and enacted into law by the State of Alabama: Multistate Tax Compact Article
I. Purposes. The purposes of this compact are to: 1. Facilitate proper determination of state
and local tax liability of multistate taxpayers, including the equitable apportionment of
tax bases and settlement of apportionment disputes. 2. Promote uniformity or compatibility
in significant components of tax systems. 3. Facilitate taxpayer convenience and compliance
in the filing of tax returns and in other phases of tax administration. 4. Avoid duplicative
taxation. Article II. Definitions. As used in this compact: 1. "State" means a state
of the United States, the District of Columbia, the Commonwealth of Puerto Rico, or any territory
or possession of the United States. 2. "Subdivision" means any governmental unit
or special district of a state. 3. "Taxpayer" means any corporation, partnership,
firm,...
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8-9A-9
Section 8-9A-9 Extinguishment of claim for relief. A claim for relief with respect to
a fraudulent transfer under this chapter is extinguished unless action is brought: (1) Under
Section 8-9A-4(a) within 10 years after the transfer of real property was made. (2)
Under Section 8-9A-4(a) within six years after the transfer of personal property was
made. (3) Under Section 8-9A-4(c) or 8-9A-5(a), within four years after the transfer
was made when the action is brought by a creditor whose claim arose before the transfer was
made. (4) Under Section 8-9A-4(c), within one year after the transfer was made when
the action is brought by a creditor whose claim arose after the transfer was made; or (5)
Under Section 8-9A-5(b), within one year after the transfer was made. (Acts 1989, No.
89-793, p. 1585, §9.)...
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8-9B-10
Section 8-9B-10 Extinguishment of claim for relief. A claim for relief with respect
to a transfer under this chapter is extinguished unless action is brought: (a) under Section
8-9B-5(a)(1), within ten years after the transfer of real property was made; (b) under Section
8-9B-5(a)(1), within six years after the transfer of personal property was made; (c) under
Section 8-9B-5(a)(2) or 8-9B-6(a), within four years after the transfer was made when
the action is brought by a creditor whose claim arose before the transfer was made; (d) under
Section 8-9B-5(a)(2), within one year after the transfer was made when the action is
brought by a creditor whose claim arose after the transfer was made; or (e) under Section
8-9B-6(b), within one year after the transfer was made. (Act 2018-163, §1.)...
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