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27-31A-4
Section 27-31A-4 Risk retention groups not chartered in this state. Risk retention groups
chartered and licensed in states other than this state and seeking to do business as a risk
retention group in this state shall comply with the laws of this state as follows: (1) NOTICE
OF OPERATIONS AND DESIGNATION OF COMMISSIONER AS AGENT. a. Before offering insurance in this
state, a risk retention group shall submit to the commissioner both of the following: 1. A
statement identifying the state or states in which the risk retention group is chartered and
licensed as a liability insurance company, charter date, its principal place of business,
and other information, including information on its membership, as the commissioner of this
state may require to verify that the risk retention group is qualified pursuant to subdivision
(11) of Section 27-31A-2. 2. A copy of its plan of operations or feasibility study
and revisions of the plan or study submitted to the state in which the risk retention...
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27-41-37
Section 27-41-37 Investments of mutual aid associations - Generally. (a) The funds of
a mutual aid association shall be in cash or shall be invested as provided in Sections 27-41-3
through 27-41-36 and Section 27-41-38 as applicable to life insurers, except that:
(1) Funds of the association to the extent of its reserve liabilities resulting from valuation
of its contracts providing for benefits, aid, or services payable or to be rendered other
than in cash may, at the option of the association, be invested in securities or assets eligible
for investment of the funds of life insurers in general, but with category limits as follows
in lieu of limits otherwise applicable thereto under Sections 27-41-3 through 27-41-36: a.
Not to exceed 25 percent of the reserves of the association in the aggregate may be invested
in preferred and guaranteed stocks authorized in Section 27-41-16 and common stocks
authorized under Section 27-41-17; b. Not to exceed 10 percent of such reserves may
be...
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27-6A-4
Section 27-6A-4 Contract requirements. No person, firm, association, or corporation
acting in the capacity of a managing general agent shall place business with an insurer unless
there is in force a written contract between the parties that sets forth the responsibilities
of each party and where both parties share responsibility for a particular function, specifies
the division of such responsibilities, and that contains the following minimum provisions:
(a) The insurer may terminate the contract for cause upon written notice to the managing general
agent. The insurer may suspend the underwriting authority of the managing general agent during
the pendency of any dispute regarding the cause for termination. (b) The managing general
agent shall render accounts to the insurer detailing all transactions and remit all funds
due under the contract to the insurer on not less than a monthly basis. (c) All funds collected
for the account of an insurer will be held by the managing general agent...
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34-21-126
Section 34-21-126 Interstate Commission of Nurse Licensure Compact Administrators. (a)
The party states hereby create and establish a joint public entity known as the Interstate
Commission of Nurse Licensure Compact Administrators. (1) The commission is an instrumentality
of the party states. (2) Venue is proper, and judicial proceedings by or against the commission
shall be brought solely and exclusively, in a court of competent jurisdiction where the principal
office of the commission is located. The commission may waive venue and jurisdictional defenses
to the extent the commission adopts or consents to participate in alternative dispute resolution
proceedings. (3) Nothing in this compact shall be construed to be a waiver of sovereign immunity.
(b) Membership, voting, and meetings. (1) Each party state shall have and be limited to one
administrator. The head of the state licensing board for each party state, or his or her designee,
shall be the administrator of this compact for that...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/34-21-126.htm - 12K - Match Info - Similar pages
36-21-66
Section 36-21-66 Alabama Peace Officers' Annuity and Benefit Fund created; purpose and
official designation; composition generally; investment, expenditure, etc., of moneys therein.
A special fund is established and placed under the management of the board for the purpose
of providing retirement allowances and other benefits under this article for members of the
fund. The fund shall be known as the Alabama Peace Officers' Annuity and Benefit Fund, by
and in which name all of its business shall be transacted, all of its funds invested, and
all of its cash and securities and other property held in trust for the purposes for which
received. All amounts received by the board pursuant to this article shall be paid into the
fund. The board shall have such control of the fund as shall not be inconsistent with this
article and with the laws of the state. All moneys of the board shall either be deposited
into the State Treasury or in a special trust account or accounts in any bank or banks in...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-21-66.htm - 3K - Match Info - Similar pages
37-1-80.2
Section 37-1-80.2 Dual party relay system and fund; board of trustees; funding of other
services; liability of trustees. (a) The Alabama Public Service Commission shall impose a
surcharge on each access line of each customer of the local exchange companies operating in
Alabama to fund a dual party relay system whereby a deaf or hearing-impaired person may communicate
with other such persons or with hearing persons via telephone. The fee may be imposed by order
of the Alabama Public Service Commission on the access line. (b) The Alabama Public Service
Commission shall establish the amount to be imposed based on the amount of funding necessary
to implement and maintain such system. However, no additional fees other than the surcharge
may be imposed on any user of this deaf and hearing-impaired service. (c) The local exchange
companies shall collect the surcharge from their customers and transfer the moneys collected
to the Alabama Public Service Commission to be deposited into a special...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/37-1-80.2.htm - 5K - Match Info - Similar pages
43-8-140
Section 43-8-140 Testamentary additions to trusts. A devise or bequest, the validity
of which is determinable by the law of this state, may be made by a will to the trustee of
a trust established or to be established by the testator and some other person or by some
other person (including a funded or unfunded life insurance trust, although the trustor has
reserved any or all rights of ownership of the insurance contracts) if the trust is identified
in the testator's will and its terms are set forth in a written instrument (other than a will)
executed before or concurrently with the execution of the testator's will or in the valid
last will of a person who has predeceased the testator (regardless of the existence, size,
or character of the corpus of the trust). The devise is not invalid because the trust is amendable
or revocable, or because the trust was amended after the execution of the will or after the
death of the testator. Unless the testator's will provides otherwise, the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/43-8-140.htm - 1K - Match Info - Similar pages
37-14-3
Section 37-14-3 Electric service outside existing municipal limits. Except as otherwise
provided in subdivisions (2), (3), and (4) of this section in areas outside existing
municipal limits (including areas annexed to municipalities on or after April 26, 1984), no
electric supplier shall construct or maintain electric distribution lines for the provision
of retail electric service to any premises being provided retail electric service by another
electric supplier, or to any new premises located within the boundaries of assigned service
areas of another electric supplier, even if the premises is within municipal limits and the
electric supplier, in whose assigned area the premises is located has no franchise from the
municipality in which such premises is located. Assigned service areas outside existing municipal
limits are hereby established as set forth in this section. (1) Except as specified
in subdivisions (2) and (3) of this section herein, each electric supplier is hereby...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/37-14-3.htm - 5K - Match Info - Similar pages
40-10-122
Section 40-10-122 Manner of redemption when land sold to party other than state. THIS
SECTION WAS AMENDED BY ACT 2018-494 IN THE 2018 REGULAR SESSION, EFFECTIVE JANUARY
1, 2020. TO SEE THE AMENDED VERSION, SEE THE VERSION LABELED PENDING. (a) In order to obtain
the redemption of land from tax sales where the same has been sold to one other than the state,
the party desiring to make such redemption shall deposit with the judge of probate of the
county in which the land is situated the amount of money for which the lands were sold, with
interest payable at the rate of 12 percent per annum from date of sale, and, on the portion
of any excess bid that is less than or equal to 15 percent of the market value as established
by the assessing official, together with the amount of all taxes which have been paid by the
purchaser, which fact shall be ascertained by consulting the records in the office of the
tax collector, or other tax collecting official, with interest on the payment at 12...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/40-10-122.htm - 6K - Match Info - Similar pages
11-3-11
Section 11-3-11 Powers and duties generally. (a) The county commission shall have authority:
(1) To direct, control, and maintain the property of the county as it may deem expedient according
to law, and in this direction and control it has the sole power to locate the courts in the
rooms of the courthouse and to designate the rooms to be occupied by the officers entitled
to rooms therein, including the circuit judge if resident in the county, and to change the
location of the courts and the designation of the rooms for officers as it may deem best and
most expedient, and this shall be done by order of the county commission entered upon the
minutes of the county commission at a regular meeting of the county commission. In the event
the courthouse is inadequate to supply office rooms for such officers, the county commission
may lease such office rooms in a convenient location in the county site and pay the rental
from the county fund. (2) To levy a general tax, for general county...
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