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27-31B-22
Section 27-31B-22 Protected cell captive insurance companies. (a) One or more sponsors
may form a protected cell captive insurance company under this chapter. (b) A protected cell
captive insurance company formed or licensed under this chapter may establish and maintain
one or more protected cells to insure risks of one or more participants, subject to all of
the following conditions: (1) Each protected cell shall be accounted for separately on the
books and records of the protected cell captive insurance company to reflect the financial
condition and results of operations of the protected cell, net income or loss, dividends or
other distributions to participants, and other factors as may be provided in the participant
contract or required by the commissioner. (2) The assets of a protected cell shall not be
chargeable with liabilities arising out of any other insurance business the protected cell
captive insurance company may conduct. (3) No sale, exchange, or other transfer of assets...
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45-37-123.01
Section 45-37-123.01 Definitions. For the purposes of this part, the following terms
shall have the following meanings: (1) ACT. The act adding this part, to be called the General
Retirement System for Employees of Jefferson County Act. (2) ACTIVE MEMBER. An individual
who currently is employed by the county or other entities set forth in subdivision (20) and
is making employee contributions to the system. (3) ACTUARIAL EQUIVALENT. Effective July 30,
1984, or such other dates as set forth in Exhibit A, which is maintained in the office of
the pension board, a form of benefit differing in time, period, or manner of payment from
a specific benefit provided under the plan but having the same value when computed using the
mortality tables, the interest rate, and any other assumptions last adopted by the pension
board, which assumptions shall clearly preclude any discretion in the determination of the
amount of a member's benefit. (4) ACTUARIAL GAIN. As defined in Section...
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27-27-7
Section 27-27-7 Solicitation permit - Issuance; contents; compliance with terms. (a)
Upon the filing of any bond required by Sections 27-27-10 or 27-27-16, after notice by the
commissioner provided for in subsection (a) of Section 27-27-6, or upon his decision
to grant a solicitation permit if such a bond is not so required, the commissioner shall issue
to the applicant or to the newly formed corporation, if the application is on behalf of a
newly formed incorporated domestic insurer, a solicitation permit. Every solicitation permit
issued by the commissioner shall contain provisions in substance as follows: (1) State the
securities or other rights or interests for which subscriptions are to be solicited, the number,
classes, par value, and selling price thereof, or identify the insurance contract, or contracts,
for which applications and advance premiums or deposits of premium are to be solicited in
the case of mutual or reciprocal insurers; (2) Require that any particular class of...
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26-1A-301
Section 26-1A-301 Power of attorney form. A document substantially in the following
form may be used to create a power of attorney that has the meaning and effect prescribed
by this chapter. ALABAMA POWER OF ATTORNEY FORM IMPORTANT INFORMATION This power of attorney
authorizes another person (your agent) to make decisions concerning your property for you
(the principal). Your agent will be able to make decisions and act with respect to your property
(including your money) whether or not you are able to act for yourself. The meaning of authority
over subjects listed on this form is explained in the Alabama Uniform Power of Attorney Act,
Chapter 1A, Title 26, Code of Alabama 1975. This power of attorney does not authorize the
agent to make health care decisions for you. Such powers are governed by other applicable
law. You should select someone you trust to serve as your agent. Unless you specify otherwise,
generally the agent's authority will continue until you die or revoke the power...
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10A-20-8.01
Section 10A-20-8.01 Definitions. For the purposes of this article, the following terms
shall have the meanings respectively ascribed to them by this section: (1) AFFILIATED
ORGANIZATIONS. Organizations or boards deriving their powers, functions, funds, and property
directly from the parent organization, as defined in this section, or from its law-making
body and does not mean organizations or boards organized under or answerable to any state
organization, board, convention, or authority constituting a branch of the parent organization.
(2) CHANGE OF SOCIAL POLICIES. Any substantial and material change in or departure from the
rules, social creed, jurisdictional system, authoritative pronouncements, or other fraternal
law relating to the social standards, practices, or policies of the parent organization or
its affiliated institutions, as the same existed at the time of affiliation or merger of the
local organization, and which change is contrary to the way of life of the majority...
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31-9-83
Section 31-9-83 Distributions from fund; eligibility; purposes. THIS SECTION
WAS AMENDED BY ACT 2018-94 IN THE 2018 REGULAR SESSION, EFFECTIVE FEBRUARY 15, 2018. THIS
IS NOT IN THE CURRENT CODE SUPPLEMENT. (a) Disbursements from the recovery fund for purposes
set out in this section shall only be available as provided herein upon a proclamation
from the Governor or Legislature made pursuant to Section 31-9-8, and a proclamation
made by the local governing body in the county or municipality affected by the disaster. The
following rules shall apply for all distributions from the recovery fund for purposes set
out in this section: (1) Distributions may not be used for state emergency response
and relief efforts, except as determined appropriate pursuant to rules adopted by the committee
under Section 31-9-86. (2) Distributions under this section shall only be available
to reimburse an eligible county or municipality for those expenses not covered by insurance
or other similar programs....
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41-9-432
Section 41-9-432 Powers generally. The commission shall be authorized: (1) To investigate
and select an available site for housing the exhibits, including the surrounding grounds,
in cooperation with the Department of the Army and the community, taking into consideration
all pertinent factors affecting the suitability of such site; (2) To acquire by rent or lease
agreement or otherwise the necessary housing facilities and to establish, improve and enlarge
the available facility, including providing it with necessary equipment, furnishings, landscaping
and related facilities, including parking areas and ramps, roadways, sewers, curbs and gutters;
(3) To enter into such contracts and cooperative agreements with the local, state and federal
governments, with agencies of such governments, including the Department of the Army and the
National Aeronautics and Space Administration, with private individuals, corporations, associations
and other organizations as the commission may deem...
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7-9A-102
Section 7-9A-102 Definitions and index of definitions. (a) Article 9A definitions. In
this article: (1) "Accession" means goods that are physically united with other
goods in such a manner that the identity of the original goods is not lost. (2) "Account,"
except as used in "account for," means a right to payment of a monetary obligation,
whether or not earned by performance, (i) for property that has been or is to be sold, leased,
licensed, assigned, or otherwise disposed of, (ii) for services rendered or to be rendered,
(iii) for a policy of insurance issued or to be issued, (iv) for a secondary obligation incurred
or to be incurred, (v) for energy provided or to be provided, (vi) for the use or hire of
a vessel under a charter or other contract, (vii) arising out of the use of a credit or charge
card or information contained on or for use with the card, or (viii) as winnings in a lottery
or other game of chance operated or sponsored by a State, governmental unit of a State, or...
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15-23-3
Section 15-23-3 Definitions. As used in this article the following words shall include,
but are not limited to the following meanings unless the context clearly requires a different
meaning: (1) COMMISSION. The Alabama Crime Victims Compensation Commission as created by Section
15-23-4. (2) CRIMINALLY INJURIOUS CONDUCT. Criminally injurious conduct includes any of the
following acts: a. An act occurring or attempted within the geographical boundaries of this
state which results in serious personal injury or death to a victim for which punishment by
fine, imprisonment, or death may be imposed. b. An act occurring or attempted outside the
geographical boundaries of this state in another state of the United States of America which
is punishable by fine, imprisonment, or death and which results in personal injury or death
to a citizen of this state, and shall include an act of terrorism, as defined in Section
2331 of Title 18, United States Code, committed outside of the United States,...
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36-27-16
Section 36-27-16 Retirement, etc., of employees; retirement allowances. (a)(1) RETIREMENT,
ETC., OF EMPLOYEES GENERALLY; ELIGIBILITY FOR SERVICE RETIREMENT BENEFITS. a. Any Tier I plan
member who withdraws from service upon or after attainment of age 60 and any Tier II plan
member who withdraws from service upon or after attainment of age 62 may retire upon written
application to the Board of Control setting forth at what time, not less than 30 days nor
more than 90 days subsequent to the execution and filing thereof, he or she desires to be
retired; provided, that any such member who became a member on or after October 1, 1963, shall
have completed 10 or more years of creditable service; provided further, that a Tier I plan
member employed as a state policeman shall be eligible to file application for service retirement
upon attaining age 52 and a Tier II plan member employed as a state policeman or employed
as a correctional officer, firefighter, or law enforcement officer as defined...
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