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38-13-2
Section 38-13-2 Definitions. When used in this chapter, the following words shall have
the following meanings: (1) ADULT. An individual 19 years of age and older. (2) ADULT CARE
FACILITY. A person or entity holding a Department of Human Resources license or approval or
certification to provide care, including foster care, for adults. (3) APPLICANT. A person
or entity who submits an application for license as a child care or adult care facility to
the Department of Human Resources or a child placing agency, or an application for employment
or for a volunteer position to a Department of Human Resources licensed child care or adult
care facility. With regard to child care and adult care facilities in a home setting, the
term includes an adult household member whose residence is in the home. The term also includes
an individual who submits an application for a volunteer position or for employment with the
Department of Human Resources in a position in which the person has unsupervised...
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40-22-2
Section 40-22-2 Mortgages, deeds of trust, etc., generally. No mortgage, deed of trust,
contract of conditional sale, or other instrument of like character which is given to secure
the payment of any debt which conveys any real or personal property situated within this state
or any interest therein or any security agreement or financing statement provided for by the
Uniform Commercial Code, except a security agreement or a financing statement relating solely
to security interests in accounts, contract rights, or general intangibles, as such terms
are defined in the Uniform Commercial Code, and except for the re-recordation of corrected
mortgages, deeds, or instruments executed for the purpose of perfecting the title to real
or personal property, specifically, but not limited to, corrections of maturity dates thereof,
shall be received for record or for filing in the office of any probate judge of this state
unless the following privilege or license taxes shall have been paid upon such...
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45-4-111
Section 45-4-111 Electronic voting system authorized; requirements for use. (a) As used
in this section: (1) "Automatic tabulating equipment" shall mean apparatus
which automatically examines and counts votes recorded on paper ballots or ballot cards and
tabulates the results. (2) "Paper ballot" shall mean a printed paper ballot which
conforms in layout and format to the electronic voting system in use. (3) "Ballot card"
shall mean a tabulating card on which votes may be recorded. (4) "Ballot label"
shall mean the cards, papers, booklet, pages, or other material which contain the names of
offices and candidates and statements of measures to be voted on and which are used in conjunction
with ballot cards. (5) "Ballot" shall mean ballot cards or paper ballots. (6) "Counting
center" shall mean one or more locations selected and designated by the county commission
or the municipal governing body, as the case may be, for the automatic counting of ballots
in the election. (7) "Electronic...
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27-28-2
Section 27-28-2 Plan for exchange of stock, etc., between domestic stock insurer and
holding company - Procedure for exchange. A plan of exchange shall be adopted and become effective
in the following manner: (1) APPROVAL OF THE BOARDS OF DIRECTORS. - The boards of directors
of each corporate party to the plan of exchange by resolution shall adopt the plan of exchange
which shall set forth the terms and conditions of the exchange and the mode of carrying the
same into effect and such other provisions with respect to the exchange as may be deemed necessary
or desirable. (2) APPROVAL OF COMMISSIONER. - Every plan of exchange, before being submitted
to vote of the stockholders pursuant to subdivision (3) of this section, shall be submitted
for approval to the commissioner in accordance with the following procedure: a. After the
approval required by subdivision (1) of this section is obtained, the domestic company
shall submit to the commissioner three copies of the plan of exchange and...
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27-27-49.1
Section 27-27-49.1 Recovery. (a) If an order for liquidation or rehabilitation of a
domestic insurer has been entered, the receiver appointed under such order shall have a right
to recover on behalf of the insurer, (i) from any parent corporation or holding company or
person or affiliate who otherwise controlled the insurer, the amount of distributions (other
than distributions of shares of the same class of stock) paid by the insurer on its capital
stock, or (ii) any payment in the form of a bonus, termination settlement, or extraordinary
lump sum salary adjustment made by the insurer or its subsidiary to a director, officer, or
employee, where the distribution or payment pursuant to (i) or (ii) is made at any time during
the one year preceding the petition for liquidation, conservation, or rehabilitation, as the
case may be, subject to the limitations of subsections (b), (c), and (d) of this section.
(b) No such distribution shall be recoverable if the parent or affiliate shows that...
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5-3A-6
Section 5-3A-6 Examination of witnesses and production of documents; penalties for false
entry or statement; proceedings against former employees. (a) For purposes of this section,
a bank holding company is a holding company organized under the laws of Alabama or another
state in the United States that directly owns a majority of the voting securities of an Alabama
state bank. (b) The superintendent and every examiner acting under the superintendent may
administer oaths and may examine under oath any person whose testimony may be required on
the examination of any bank or any bank holding company, on the examination of any affiliate
of a bank, or on the examination of any agency of any foreign bank and shall have authority
and power to compel the appearance and attendance of any such person or the production of
any records and documents of any bank, any bank holding company, any affiliate of a bank,
or any agency of a foreign bank for the purpose of any examination and attendance or...
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27-29-11.1
Section 27-29-11.1 Recovery rights of receivers. (a) If an order for liquidation or
rehabilitation of a domestic insurer has been entered, the receiver appointed under the order
shall have a right to recover on behalf of the insurer, (1) from any parent corporation, holding
company, person, or affiliate who otherwise controlled the insurer, the amount of distributions,
other than distributions of shares of the same class of stock, paid by the insurer on its
capital stock, or (2) any payment in the form of a bonus, termination settlement, or extraordinary
lump sum salary adjustment made by the insurer or its subsidiary to a director, officer, or
employee, where the distribution or payment pursuant to (1) or (2) is made at any time during
the one year preceding the petition for liquidation, conservation, or rehabilitation, as the
case may be, subject to the limitations of subsections (b), (c), and (d). (b) No distribution
shall be recoverable if the parent or affiliate shows that when...
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27-29-6.1
Section 27-29-6.1 Registered insurers - Supervisory colleges. (a) With respect to any
insurer registered under Section 27-29-4, and in accordance with subsection (c), the
commissioner shall also have the power to participate in a supervisory college for any domestic
insurer that is part of an insurance holding company system with international operations
in order to determine compliance by the insurer with this title. The powers of the commissioner
with respect to supervisory colleges include, but are not limited to, the following: (1) Initiating
the establishment of a supervisory college. (2) Clarifying the membership and participation
of other supervisors in the supervisory college. (3) Clarifying the functions of the supervisory
college and the role of other regulators, including the establishment of a group-wide supervisor.
(4) Coordinating the ongoing activities of the supervisory college, including planning meetings,
supervisory activities, and processes for information sharing....
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27-29A-2
Section 27-29A-2 Definitions. For purposes of this chapter, the following definitions
shall apply: (1) INSURANCE GROUP. Those insurers and affiliates included within an insurance
holding company system as defined in Chapter 29. (2) INSURER. As set forth in Section
27-1-2, except that it shall not include agencies, authorities, or instrumentalities of the
United States, its possessions and territories, the Commonwealth of Puerto Rico, the District
of Columbia, or a state or political subdivision of a state. (3) NAIC. The National Association
of Insurance Commissioners and its affiliates and subsidiaries. (4) OWN RISK AND SOLVENCY
ASSESSMENT or ORSA. A confidential internal assessment, appropriate to the nature, scale,
and complexity of an insurer or insurance group, conducted by that insurer or insurance group
of the material and relevant risks associated with the insurer or insurance group's current
business plan, and the sufficiency of capital resources to support those risks. (5)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-29A-2.htm - 1K - Match Info - Similar pages
27-28-3
Section 27-28-3 Plan for exchange of stock, etc., between domestic stock insurer and
holding company - Fees, etc., for promotion of plan. No director, officer, agent, or employee
of any corporation which is a party to the plan of exchange, except as is expressly provided
by the plan filed with the commissioner, shall receive any fee, commission, other compensation,
or valuable consideration whatever for in any manner aiding, promoting, or assisting in the
promotion of the plan of exchange. (Acts 1971, No. 1449, p. 2472.)...
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