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45-39-241.41
Section 45-39-241.41 Minimum annual salary. In Lauderdale County, all persons serving as supernumerary
tax collectors and supernumerary tax assessors as of September 25, 1986, shall receive a minimum
annual salary payable in equal monthly installments from the county in the amount of fifteen
thousand five hundred dollars ($15,500). Any supernumerary official who is paid less than
the minimum annual salary shall hereby be paid in monthly installments additional amounts
from the county as will provide a minimum annual salary of fifteen thousand five hundred dollars
($15,500). The additional sum shall be deducted on a pro rata millage basis from the county
and all subdivisions and agencies thereto with the exception of municipalities to which the
person collecting ad valorem taxes is charged with the distribution of ad valorem taxes collected
as provided by law. (Act 86-651, 1st Sp. Sess, p. 34, §1.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-39-241.41.htm - 1K - Match Info - Similar pages
16-25A-8
Section 16-25A-8 Funding of health insurance plan; participation; Public Education Employees'
Health Insurance Fund. (a) The Public Education Employees' Health Insurance Board is hereby
authorized to provide under the contract or contracts entered into under the provisions of
this article an insurance benefit plan for each covered employee and, under certain conditions,
retired employees; the cost of such plan may be funded in part or in full through monthly
premiums per active employee from the same source of funds as those used for the payment of
salaries of active members and in part from other funds. (b) On or before January 1 next preceding
each regular meeting of the Legislature, the board shall certify to the Governor and to the
Legislature the amount or amounts necessary to fund coverage for benefits authorized by this
article for the following fiscal year for employees and for retired employees as a monthly
premium per active member per month. The Legislature shall set the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-25A-8.htm - 6K - Match Info - Similar pages
45-49-240.42
Section 45-49-240.42 Supernumerary tax collectors. In Mobile County, all persons serving as
supernumerary tax collectors as of April 30, 1986, shall receive a minimum annual salary payable
in equal monthly installments from the county in the amount of seventeen thousand five hundred
dollars ($17,500). Any supernumerary official who is paid less than the minimum annual salary
shall hereby be paid in monthly installments such additional amounts from the county as will
provide a minimum annual salary of seventeen thousand five hundred dollars ($17,500). The
additional sum shall be deducted on a pro rata millage basis from the county and all subdivisions
and agencies thereto with the exception of municipalities to which the person collecting ad
valorem taxes is charged with the distribution of ad valorem taxes collected as provided by
law. (Act 86-548, p. 1122, §1.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-49-240.42.htm - 1K - Match Info - Similar pages
11-50A-17
Section 11-50A-17 Contracts for use of projects; purchase of electric power; payment of charges;
indemnity; enforcement of performance. (a) Any municipality, if authorized by resolution or
ordinance of its governing body, may contract with the authority for the payment of any rates,
tolls, fees, and other charges prescribed in this section and Section 11-50A-18 by the authority
for the output, capacity, use or service by the municipality of any projects or other resources
of the authority or any of its facilities or undertakings. The obligations to pay the amounts
contracted to be paid by the municipality to the authority under the contract or contracts
entered into pursuant to the provisions of this section shall be treated as expenses of operating
the electric distribution system of the municipality for the payment of which the revenues
of the municipality derived from the operation of its electric distribution system (together
with any other revenues that may be lawfully pledged...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-50A-17.htm - 6K - Match Info - Similar pages
34-21A-16
Section 34-21A-16 Bond requirement for licensees. In order to assure financial stability and
professional competence and performance of licensees, all licensees, without exception, are
required to be bonded for any work performed under the license. Minimum amounts for required
bonds shall be established by the board and evidence of bond shall be provided to the board
before any license will be issued. In no event may the minimum required bond amounts set by
the board be less than fifteen thousand dollars ($15,000) for a basic level license, a pumper
license, a portable toilet license, or a manufacturer's license, and thirty thousand dollars
($30,000) for an advanced level license. Each active licensee shall maintain a current bond
for each license he or she holds. The executive director shall immediately suspend any active
license without a current bond on file. The executive director shall reinstate the license
once a reinstatement fee is paid by the licensee and the bond is...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/34-21A-16.htm - 1K - Match Info - Similar pages
11-89A-10
Section 11-89A-10 Security for payment of bonds; contracts and agreements to secure. (a) Any
bonds issued by the authority shall be revenue bonds and shall be payable solely out of such
revenues of the authority as may be designated in the proceedings of the board under which
they shall be authorized to be issued. Any such proceedings may provide that the bonds therein
authorized shall be payable solely out of the revenues derived from the operation of any facility
or facilities owned by the authority, regardless of the fact that those bonds may have been
issued with respect to or for the benefit of a certain facility or facilities of the authority.
(b) As security for payment of the principal and interest on any bonds issued or assumed by
it, any authority may enter into a contract or contracts, and adopt resolutions or other proceedings
containing provisions constituting a part of the contract or contracts with the holders of
such bonds, pertaining to, among other things, the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-89A-10.htm - 5K - Match Info - Similar pages
27-30-15
Section 27-30-15 Contracts - Limits of risk. (a) An association shall not, at any one time,
have in force any contract, or any number of contracts, covering the same individual, whether
such individual is so covered as a member, policyholder, dependent, or in any other capacity,
for benefits payable in cash, or having a reasonable cash value, aggregating in excess of
amounts as follows: (1) Death benefits payable upon the death of any one individual, for death
by any cause, $1,000.00; (2) Accidental death benefits payable only upon the accidental death
of any one individual, and including any special or additional benefits for accidental death
included in any other death benefit contract, $1,000.00; or (3) Funeral benefits and other
merchandise, aid, and service benefits, $1,000.00. (b) This section shall not be deemed to
make illegal any contract or coverage lawfully issued prior to January 1, 1972, but the association
shall not issue any new contract covering in any way any...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-30-15.htm - 2K - Match Info - Similar pages
27-30-6.1
Section 27-30-6.1 Authority to increase paid-in capital stock and paid-in surplus; contracts
or policies on any one life and accidental death benefits. (a) All mutual aid associations
which have held valid certificates of authority under Sections 27-30-1 through 27-30-33 for
a period of five years prior to June 8, 1984, are hereby authorized to increase the paid-in
capital stock and paid-in surplus of the association. Any association maintaining a minimum
surplus of $100,000.00 is authorized to provide contracts or policies on any one life not
to exceed five percent of the capital of such association, and to provide accidental death
benefits on any one life so insured not to exceed the amount of life insurance provided. (b)
The provisions of subsection (a) of this section shall additionally apply to all mutual aid
associations, after said associations have completed five years of operations and are in compliance
with the Insurance Code of Alabama. (Acts 1984, 1st Ex. Sess., No. 84-729,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-30-6.1.htm - 1K - Match Info - Similar pages
27-38-2
Section 27-38-2 Variable contracts - Statement of procedures for determining benefits; death
benefit provision. (a) Any variable contract providing benefits payable in variable amounts
delivered, or issued for delivery, in this state shall contain a statement of the essential
features of the procedures to be followed by the insurer in determining the dollar amount
of such variable benefits. Any such contract, including a group contract, and any certificate
in evidence of variable benefits issued thereunder shall state that such dollar amount will
vary to reflect investment experience and shall contain on its first page a statement to the
effect that the benefits thereunder are on a variable basis. (b) Variable annuity contracts
delivered, or issued for delivery, in this state may include as an incidental benefit provision
for payment on death during the deferred period of an amount not in excess of the greater
of the sum of the premiums or stipulated payments paid under the contract or...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-38-2.htm - 1K - Match Info - Similar pages
40-14A-23
Section 40-14A-23 Definition of net worth. (a) Net worth of corporation. The net worth of a
corporation shall equal the aggregate net amount of the following items determined as of the
first day of the corporation's taxable year and adjusted as required in this article: (1)
In the case of a corporation, the sum of the following: a. The issued capital stock and any
additional paid-in capital, without reduction for treasury stock; and b. Retained earnings,
but not less than zero, which shall include any amounts designated for the payment of dividends
until the amounts are definitely and irrevocably placed to the credit of stockholders subject
to withdrawal on demand, and (2) In the case of an entity taxed as a corporation under this
article that does not issue stock, the difference between the book value of the entity's assets
and liabilities, but not less than zero. (b) Net worth of limited liability entities. The
net worth of a limited liability entity shall be an amount equal to the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/40-14A-23.htm - 10K - Match Info - Similar pages
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