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11-94-1
Section 11-94-1 Definitions. Whenever used in this chapter, unless the context plainly indicates
otherwise, the present term shall include the future term, the singular shall include the
plural, the plural shall include the singular, the masculine shall include the feminine, and
the following words and phrases shall have the following meanings respectively ascribed to
them by this section: (1) AUTHORITY. A nonprofit public corporation organized pursuant to
the provisions of this chapter. (2) AUTHORIZING SUBDIVISION. Any county or municipality to
which application has been made for authority to incorporate an authority under this chapter.
(3) BOARD. The board of directors of an authority. (4) DIRECTOR. A member of the board of
directors of an authority. (5) COUNTY. Any county in this state that abuts on a navigable
river or through which a navigable river runs. (6) GOVERNING BODY. With respect to a county,
the county commission and, with respect to a municipality, the council,...
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27-27-43
Section 27-27-43 Mutualization of stock insurers. (a) A stock insurer other than a title insurer
may become a mutual insurer under such plan and procedure as may be approved by the commissioner
after a hearing thereon. (b) The commissioner shall not approve any such plan, procedure,
or mutualization unless: (1) It is equitable to stockholders and policyholders; (2) It is
subject to approval by the holders of not less than three-fourths of the insurer's outstanding
capital stock having voting rights and by not less than three-fourths of the insurer's policyholders
who vote on such plan in person, by proxy, or by mail pursuant to such notice and procedure
as may be approved by the commissioner; (3) If a life insurer, the right to vote thereon is
limited to holders of policies other than term or group policies and whose policies have been
in force for more than one year; (4) Mutualization will result in retirement of shares of
the insurer's capital stock at a reasonable price as specified...
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41-10-136
Section 41-10-136 Definitions. The following words and phrases used in this article and others
evidently intended as the equivalent thereof shall, in the absence of clear implication in
this article otherwise, be given the following respective interpretations: (1) APPLICANT.
A natural person who files a written application with the Governor in accordance with the
provisions of Section 41-10-138. (2) AREA OF OPERATION. The area specified in the certificate
of incorporation of an authority, within which the authority is empowered to carry on its
business and activities under this article. (3) AUTHORITY. A public corporation organized
pursuant to the provisions of this article. (4) BOARD. The board of directors of an authority.
(5) BONDS. Includes bonds, notes, debentures and certificates representing an obligation to
pay money. (6) COMMISSION. The Alabama Historical Commission, an agency of the state established
under Section 41-9-240. (7) COUNTY. Any county in this state. (8) DIRECTOR....
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6-3-7
Section 6-3-7 Venue of actions - Against foreign and domestic corporations. (a) All civil actions
against corporations may be brought in any of the following counties: (1) In the county in
which a substantial part of the events or omissions giving rise to the claim occurred, or
a substantial part of real property that is the subject of the action is situated; or (2)
In the county of the corporation's principal office in this state; or (3) In the county in
which the plaintiff resided, or if the plaintiff is an entity other than an individual, where
the plaintiff had its principal office in this state, at the time of the accrual of the cause
of action, if such corporation does business by agent in the county of the plaintiff's residence;
or (4) If subdivisions (1), (2), or (3) do not apply, in any county in which the corporation
was doing business by agent at the time of the accrual of the cause of action. (b) The residence
of only any properly joined named class representative or...
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8-30-1
Section 8-30-1 Definitions. The following terms shall have the following meanings: (1) BURIAL
MERCHANDISE. Any merchandise normally offered or sold by a cemetery for use in connection
with the interment, entombment, or inurnment of human remains. This includes, but is not limited
to, subterranean crypts, mausoleums, markers, and monuments, whether bronze or otherwise,
bronze plaques and vases, mausoleum spaces to be constructed, cemetery spaces to be developed,
and vaults, and also includes foundations or footings of any type. (2) BURIAL RIGHT. The right
to use a grave space, mausoleum, or columbarium for the interment, entombment, or inurnment
of human remains. (3) BURIAL SERVICE. Any service offered by a cemetery in connection with
the interment, entombment, or inurnment of human remains as described in subdivision (1) of
this section. (4) CEMETERY. Any land or structure in this state dedicated to and used, or
intended to be used, for interment of human remains. It may be either a...
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2-10-56
Section 2-10-56 Contents of articles of incorporation; signing, acknowledgment and filing.
Each association formed under this article shall prepare and file articles of incorporation,
setting forth: the name of the association; the purposes for which it was formed; the place
where its principal business will be transacted; the term for which it is to exist; the number
of directors thereof, which must not be less than five and may be any number in excess thereof;
the term of office of such directors; the names and addresses of the persons who are to serve
as incorporating directors until their successors are elected and qualified; if organized
without capital stock, whether the property rights and interest of each member shall be equal
or unequal, and, if unequal, the articles shall set forth the general rule or rules applicable
to all members by which the property rights and interests, respectively, of each member may
and shall be determined and fixed, and the association shall have...
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27-42-5
Section 27-42-5 Definitions. As used in this chapter, the following terms shall have the following
meanings, respectively, unless the context clearly indicates otherwise: (1) ACCOUNT. Any one
of the three accounts created by Section 27-42-6. (2) AFFILIATE. A person who directly, or
indirectly, through one or more intermediaries, controls, is controlled by, or is under common
control with another person on December 31 of the year immediately preceding the date the
insurer becomes an insolvent insurer. (3) ASSOCIATION. The Alabama Insurance Guaranty Association
created under Section 27-42-6. (4) CLAIMANT. Any insured making a first party claim or any
person instituting a liability claim. The term does not include a person who is an affiliate
of an insolvent insurer. (5) COMMISSIONER. The Commissioner of Insurance of the State of Alabama.
(6) CONTROL. The possession, direct or indirect, of the power to direct or cause the direction
of the management and policies of a person, whether...
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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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40-14A-22
Section 40-14A-22 Levy and amount of tax. (a) Levy of tax. There is hereby levied an annual
privilege tax on every corporation, limited liability entity, and disregarded entity doing
business in Alabama, or organized, incorporated, qualified, or registered under the laws of
Alabama. The tax shall accrue as of January 1 of every taxable year, or in the case of a taxpayer
organized, incorporated, qualified, or registered during the year, or doing business in Alabama
for the first time, as of the date the taxpayer is organized, incorporated, registered, or
qualifies to do business, or begins to do business in Alabama, as the case may be. The taxpayer
shall be liable for the tax levied by this article for each year beginning before the taxpayer
has been dissolved or otherwise ceased to exist or has withdrawn or forfeited its qualification
to do business in Alabama. The amount of the tax due shall be determined by multiplying the
taxpayer's net worth in Alabama by the rate determined in...
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40-9-10
Section 40-9-10 Y.W.C.A. All Young Women's Christian Associations, and all real and personal
property of all Young Women's Christian Associations, and of any branch or department of same
heretofore or hereafter organized and existing in good faith in the State of Alabama, for
other than pecuniary gain and not for individual profit, when such real or personal property
shall be used by such associations, their branches or departments in and about the conducting,
maintaining, operating and carrying out of the program, work, principles, objectives and policies
of such associations, their branches or departments, in any city or county of the State of
Alabama, are exempt from the payment of any and all state, county and municipal taxes, licenses,
fees and charges of any nature whatsoever, including any privilege or excise tax heretofore
or hereafter levied by the State of Alabama or any county or municipality thereof. The receipt,
assessment or collection of any fee, admission, service...
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