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8-26B-10
Section 8-26B-10 Required form of agency contract. (a) An agency contract must be in a record
signed by the parties. (b) An agency contract must contain: (1) a statement that the athlete
agent is registered as an athlete agent in this state and a list of any other states in which
the agent is registered as an athlete agent; (2) the amount and method of calculating the
consideration to be paid by the student athlete for services to be provided by the agent under
the contract and any other consideration the agent has received or will receive from any other
source for entering into the contract or providing the services; (3) the name of any person
not listed in the agent's application for registration or renewal of registration which will
be compensated because the athlete signed the contract; (4) a description of any expenses
the athlete agrees to reimburse; (5) a description of the services to be provided to the athlete;
(6) the duration of the contract; and (7) the date of execution....
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16-22-4.1
Section 16-22-4.1 Education employee liability insurance; self-insurance. (a) For the purposes
of this section, the following terms shall have the following meanings: (1) CERTIFICATED PERSONNEL.
Full-time teachers, principals, and other education employees employed by a local board of
education and required to hold a certificate issued by the State Superintendent of Education.
(2) LOCAL BOARD OF EDUCATION. A city or county board of education, the Board of Trustees of
the Alabama Institute for Deaf and Blind, the Alabama Youth Services Board in its capacity
as the Board of Education for the Youth Services School District, the Board of Directors of
the Alabama School of Fine Arts, and the Board of Directors of the Alabama School of Mathematics
and Science. (3) STUDENT TEACHER. A college or university student in an education degree program
who, as part of the degree program, is assigned to teach in a local public school classroom,
is providing instruction to students, and is being...
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16-8-42.1
Section 16-8-42.1 Authority for risk management cooperative. (a) Definitions. For the purpose
of this section, the following terms shall have the meanings subscribed to them by this section:
(1) RISK MANAGEMENT COOPERATIVE. An entity or entities, to be formed by local boards of education
in any combination of 25 or more for the purpose of pooling resources and funds to jointly
purchase insurance or to self-insure such boards of education, their members and employees,
against risks to which they are exposed. (2) MEMBER BOARDS OF EDUCATION. A city board of education,
county board of education, Department of Youth Services School District, Alabama Institute
for Deaf and Blind, State Board of Education or other public education governing board which
elects to pool its resources and funds with one or more other boards of education for the
purpose of forming a risk management cooperative. (b) Boards of education in any combination
of 25 or more may establish a risk management cooperative for...
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27-15-23
Section 27-15-23 Standard provisions in contracts for reversionary annuities. (a) Except as
stated in this section, no contract for a reversionary annuity shall be delivered or issued
for delivery in this state unless it contains in substance each of the following provisions:
(1) Any such reversionary annuity contract shall contain the provisions specified in Sections
27-15-17 through 27-15-21 except that under Section 27-15-20 the insurer may at its option
provide for an equitable reduction of the amount of the annuity payments in settlement of
an overdue or deferred payment in lieu of providing for deduction of such payments from an
amount payable upon settlement under the contract; and (2) In such reversionary annuity contracts,
there shall be a provision that the contract may be reinstated at any time within three years
from the date of default in making stipulated payments to the insurer upon production of evidence
of insurability satisfactory to the insurer and upon condition...
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27-31B-3
Section 27-31B-3 Licensing. (a) Any captive insurance company, when permitted by its articles
of association, charter, or other organizational document, may apply to the commissioner for
a license to do any and all insurance defined in Sections 27-5-2, 27-5-4, and 27-5-5, in subdivisions
(1), (2), (4), (5), (6), (7), (8), (9), (10), (11), (12), (13), and (14) of subsection (a)
of Section 27-5-6, in Sections 27-5-7, 27-5-8, 27-5-9, and 27-5-10, and to grant annuity contracts
as defined in Section 27-5-3, subject, however, to all of the following: (1) No pure captive
insurance company may insure any risks other than those of its parent and affiliated companies
or controlled unaffiliated business. (2) No association captive insurance company may insure
any risks other than those of the member organizations of its association, and their affiliated
companies. (3) No industrial insured captive insurance company may insure any risks other
than those of the industrial insureds that comprise...
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27-41-6
Section 27-41-6 Limitations upon investments generally. (a) An insurer shall not have at any
one time any single investment or combination of investments in or loans upon the security
of the obligations, property, or securities of any one person aggregating in cost to the insurer
in excess of the greater of 10 percent of such insurer's assets or the total of its capital
and surplus, as shown in the latest annual report of the insurer filed pursuant to subsection
(a) of Section 27-3-26 of the Alabama Insurance Code, less the minimum capital and surplus
required of said insurer for authority to transact insurance by Sections 27-3-7 and 27-3-8
of the Alabama Insurance Code. The restriction of this subsection shall not apply to evidences
of indebtedness issued, assumed, or guaranteed by the United States of America or any department,
agency, or instrumentality thereof or by any state of the United States. (b) An insurer shall
at all times invest and maintain invested funds in cash and...
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27-7-19
Section 27-7-19 Licenses - Penalties. (a) The commissioner may place on probation, refuse to
issue or renew, suspend, or revoke the license of any licensee under this chapter, or may
levy a civil penalty in accordance with subsection (c), or any combination of actions, for
any one or more of the following causes: (1) Any cause for which issuance of the license could
have been refused had it then existed and been known to the commissioner. (2) Providing incorrect,
misleading, incomplete, or materially untrue information in any application or in any communication
to the commissioner. (3) Obtaining or attempting to obtain a license through misrepresentation
or fraud. (4) Intentionally misrepresenting the terms of any actual or proposed insurance
contract or application for insurance. (5) Having admitted or been found to have committed
any insurance unfair trade practice or fraud. (6) For inducing, persuading, or advising any
policyholder to surrender or cause to be cancelled any policy of...
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32-20-23
Section 32-20-23 Application requirements. (a) The application for the certificate of title
of a manufactured home in this state shall be made by the owner to a designated agent, on
the form the department prescribes, and shall contain all of the following: (1) The name,
current residence, and mailing address of the owner. (2) A description of the manufactured
home including the following data: Year, make, model, manufactured home identification number,
and whether new or used. (3) The date of purchase by applicant, the name and address of the
person from whom the manufactured home was acquired, and the names and addresses of any lienholders
in the order of their priority and the dates of their security agreements. (4) Other information
that the department may require. (b) If the application is for a manufactured home purchased
from a dealer, it shall contain the name and address of any lienholder holding a security
interest created or reserved at the time of the sale and the date of...
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5-13B-82
Section 5-13B-82 Application to establish and maintain a branch or agency - Contents. (a) A
foreign bank, in order to procure a license under this article to establish and maintain an
Alabama state branch or Alabama state agency shall submit an application to the superintendent.
Such application shall contain: (1) The same information as required by the Board of Governors
of the Federal Reserve System for an application to establish a branch or agency, as the case
may be, in the United States; and (2) Such additional information as the superintendent may
require by regulation or order. (b) In addition to the information required to be included
in an application for a license to establish and maintain an Alabama state branch or Alabama
state agency listed in subsection (a), the superintendent may as he or she deems necessary
or appropriate require a foreign bank to include as part of such an application an instrument
irrevocably appointing the superintendent and his or her successors in...
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10A-8A-10.01
Section 10A-8A-10.01 Limited liability partnerships; statements; cancellations. (a) A partnership
may be formed as, or may become, a limited liability partnership pursuant to this section.
(b) In order to form a limited liability partnership, the original partnership agreement of
the partnership shall state that the partnership is formed as a limited liability partnership,
and the partnership shall deliver to the Secretary of State for filing a statement of limited
liability partnership in accordance with subsection (d) of this section. (c) In order for
an existing partnership to become a limited liability partnership, the terms and conditions
on which the partnership becomes a limited liability partnership must be approved by the affirmative
approval necessary to amend the partnership agreement and, in the case of a partnership agreement
that expressly considers obligations to contribute to the partnership, also the affirmative
approval necessary to amend those provisions, and after...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-8A-10.01.htm - 7K - Match Info - Similar pages
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