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27-14-3
Section 27-14-3 Insurable interest - Personal insurance; preneed contracts. (a) Insurable
interest with reference to personal insurance is an interest based upon a reasonable
expectation of pecuniary advantage through the continued life, health, or bodily safety of
another person and consequent loss by reason of his or her death or disability or a substantial
interest engendered by love and affection in the case of individuals closely related by blood
or by law. (b) An individual has an unlimited insurable interest in his or her own life, health,
and bodily safety and may lawfully take out a policy of insurance on his or her own life,
health, or bodily safety and have the same made payable to whomsoever he or she pleases, regardless
of whether the beneficiary so designated has an insurable interest. (c) A corporation, foreign
or domestic, has an insurable interest in the life or physical or mental ability of any of
its directors, officers, or employees, or the directors, officers, or...
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7-2-305
Section 7-2-305 Open price term. (1) The parties if they so intend can conclude a contract
for sale even though the price is not settled. In such a case the price is a reasonable price
at the time for delivery if: (a) Nothing is said as to price; or (b) The price is left to
be agreed by the parties and they fail to agree; or (c) The price is to be fixed in terms
of some agreed market or other standard as set or recorded by a third person or agency and
it is not so set or recorded. (2) A price to be fixed by the seller or by the buyer means
a price for him to fix in good faith. (3) When a price left to be fixed otherwise than by
agreement of the parties fails to be fixed through fault of one party, the other may at his
option treat the contract as cancelled or himself fix a reasonable price. (4) Where, however,
the parties intend not to be bound unless the price be fixed or agreed and it is not fixed
or agreed there is no contract. In such a case the buyer must return any goods already...
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8-23-7
Section 8-23-7 Assignment of contract; notice. No right of action or defense arising out of
a contract for health studio services which the buyer has against the seller, and which would
be cut off by assignment, shall be cut off by assignment of the contract to any third party
whether or not he acquires the contract in good faith and for value unless the assignee gives
notice of the assignment to the buyer as provided in this section and within 30 days of the
mailing of notice receives no written notice of the facts giving rise to the claim or defense
of the buyer. A notice of assignment shall be in writing addressed to the buyer at the address
shown on the contract and shall identify the contract and inform the buyer that he must, within
30 days of the date of mailing of the notice, notify the assignee in writing of any facts
giving rise to a claim or defense which he may have. The notice of assignment shall state
the name of the seller and buyer, a description of the services, the...
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27-17A-55
Section 27-17A-55 Construction of mausoleum, etc. A cemetery authority shall start construction
of that section of a mausoleum or bank of below-ground crypts in which sales, contracts for
sale, reservations for sale, or agreements for sale are being made, within five years after
the date of the first sale or when 75 percent of the mausoleum or below-ground crypts have
been sold and the purchase price has been received, whichever occurs first. The construction
shall be completed within six years after the date of the first sale made. Extensions for
completion, not to exceed one year, may be granted by the commissioner for good cause shown.
If the units have not been completely constructed at the time of need or the time specified
herein, unless otherwise specified in the preneed contract, all monies paid shall be refunded
upon request, plus interest earned thereon if deposited by the cemetery authority in an escrow
or trust fund, and if not so deposited in an escrow or trust fund...
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40-23-61
Section 40-23-61 Property taxed; persons liable. (a) An excise tax is hereby imposed on the
storage, use or other consumption in this state of tangible personal property, not
including, however, materials and supplies bought for use in fulfilling a contract for the
painting, repairing or reconditioning of vessels, barges, ships, other watercraft and commercial
fishing vessels of over five tons load displacement as registered with the U.S. Coast Guard
and licensed by the State of Alabama Department of Conservation and Natural Resources, purchased
at retail on or after October 1, 1965, for storage, use or other consumption in this state
at the rate of four percent of the sales price of such property or the amount of tax collected
by the seller, whichever is greater; provided, however, when the seller follows the Department
of Revenue's suggested use tax brackets and his records prove that his following said brackets
resulted in a net undercollection of tax for the month, he may report...
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40-23-68
Section 40-23-68 Seller to file returns. (a) Except as otherwise provided in subsection (f),
the tax imposed by this article shall be due and payable to the department monthly on or before
the 20th day of the month next succeeding each month during which the storage, use, or other
consumption of tangible personal property became taxable hereunder. (b) Every seller
or person engaged in making retail sales of tangible personal property for storage,
use, or other consumption in this state, who alternatively: (1) Maintains, occupies, or uses,
permanently or temporarily, directly or indirectly, or through a subsidiary, or agent by whatever
name called, an office, place of distribution, sales, or sample room or place, warehouse or
storage place, or other place of business; (2) Qualifies to do business or registers with
the state to collect the tax levied by this chapter; (3) Employs or retains under contract
any representative, agent, salesman, canvasser, solicitor, or installer operating in...
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41-16-3
Section 41-16-3 Timely execution of state contracts required. (a) Whenever the State of Alabama
is a party to any contract, the contract shall be executed by all parties in a timely fashion.
When a party to a contract, other than the state, has fully executed the responsibility under
the contract and there remains only the payment of funds by the state, payment shall be made
in a timely manner. If the amount due by the state is not in dispute, payment shall be made
within 30 days after the other party has completed his or her portion of the contract and
presented a proper invoice. If the amount payable is not paid within 30 days, interest on
the amount shall be charged. A party who receives a payment from the state in connection with
a contract shall pay each of its subcontractors or sub-subcontractors the portion of the state's
payment to the extent of that subcontractor's or sub-subcontractor's interest in the state's
payment in accordance with the payment terms agreed to by the...
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34-23-112
Section 34-23-112 Required contractual provisions. Any agreement or contract entered into in
this state between the program administrator of a third party program and a pharmacy shall
include a statement of the method and amount of reimbursement to the pharmacy for services
rendered to persons enrolled in the program, the frequency of payment by the program administrator
to the pharmacy for such services rendered, and a method for the adjudication of complaints
or the settlement of disputes between the parties. (Acts 1981, No. 81-337, p. 477, ยง3.)...
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45-11-244.03
Section 45-11-244.03 Authorization of levy of use tax. (a) The governing body of the county
is hereby authorized to levy and impose excise taxes on the storage, use, or other consumption
of property in the county as hereinafter provided in this section: (1) On the storage, use,
or other consumption in the county of tangible personal property, not including, however,
materials and supplies bought for use in fulfilling a contract for the painting, repairing,
or reconditioning of vessels, barges, ships, other watercraft and commercial fishing vessels
of over five tons load displacement as registered with the United States Coast Guard and licensed
by the State of Alabama Department of Conservation and Natural Resources, purchased at retail
on or after the effective date of such tax, for storage, use, or other consumption in the
county at the rate of one percent of the sales price of such property or the amount of tax
collected by the seller, whichever is greater, except as provided in...
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45-11-245.03
Section 45-11-245.03 Authorization of levy of use tax. (a) The governing body of the county
is hereby authorized to levy and impose excise taxes on the storage, use, or other consumption
of property in the county as hereinafter provided in this section: (1) On the storage, use,
or other consumption in the county of tangible personal property, not including, however,
materials and supplies bought for use in fulfilling a contract for the painting, repairing,
or reconditioning of vessels, barges, ships, other watercraft and commercial fishing vessels
of over five tons load displacement as registered with the U.S. Coast Guard and licensed by
the State of Alabama Department of Conservation and Natural Resources, purchased at retail
on or after the effective date of such tax, for storage, use, or other consumption in the
county at the rate of one percent of the sales price of such property or the amount of tax
collected by the seller, whichever is greater, except as provided in subdivisions...
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