Code of Alabama

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41-9-430
Section 41-9-430 Creation; commission a public body corporate; commission to provide, etc.,
facilities for exhibits of National Aeronautics and Space Administration, Department of Army,
etc.; commission empowered to provide lodging for visitors, etc. There is hereby created and
established a state agency to be known as the Alabama Space Science Exhibit Commission, which
shall be a public body corporate with all the powers and privileges of a corporation, for
the purpose of providing for and participating in the management and control of facilities
to house and display such visual exhibits of space exploration and hardware used therefor
as may be made available by the National Aeronautics and Space Administration. Such facility
shall constitute a permanent housing for the national aeronautics and space administration
exhibit, which shall be open to the general public and shall be located at a place to be designated
and made available in Madison County for a nominal cost through the...
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45-2-261.63
Section 45-2-261.63 Notification of amendments or changes to zoning ordinances, regulations,
etc., and annexations. After june 10, 2015, the Fort Morgan Planning and Zoning Advisory Committee
shall be notified in writing by the Baldwin County Planning and Zoning Commission not less
than 10 days prior to consideration of any proposal to adopt any amendments or changes to
any zoning ordinances or regulations or the master plan, including any variances thereto,
previously adopted by the Baldwin County Commission pursuant to Act 91-719 applicable in the
Fort Morgan Zoning District. In addition, the Advisory Committee shall be notified in writing
by any municipality of any proposed annexation of any portion of the Fort Morgan Zoning District.
(Act 2015-411, §4.)...
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10A-2A-1.40
Section 10A-2A-1.40 Chapter definitions. Notwithstanding Section 10A-1-1.03, as used in this
chapter, unless otherwise specified or unless the context otherwise requires, the following
terms have the following meanings: (1) AUTHORIZED STOCK means the stock of all classes and
series a corporation or foreign corporation is authorized to issue. (2) BENEFICIAL STOCKHOLDER
means a person who owns the beneficial interest in stock, which is either a record stockholder
or a person on whose behalf shares of stock are registered in the name of an intermediary
or nominee. (3) CERTIFICATE OF INCORPORATION means the certificate of incorporation described
in Section 10A-2A-2.02, all amendments to the certificate of incorporation, and any other
documents permitted or required to be delivered for filing by a corporation with the Secretary
of State under this chapter or Chapter 1 that modify, amend, supplement, restate, or replace
the certificate of incorporation. After an amendment of the certificate...
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37-4-1
Section 37-4-1 Definitions. Unless otherwise specified, when used in this article, these terms
shall have the following meanings: (1) COMMISSION. The Alabama Public Service Commission.
(2) COMMISSIONER. A member of the commission. (3) MUNICIPALITY. Any municipal corporation
organized under the laws of this state. (4) PERSON. Such term shall mean and include individuals,
associations of individuals, firms, partnerships, companies, corporations, municipalities,
governmental agencies, their lessees, trustees, or receivers appointed by any court whatsoever,
in the singular number as well as in the plural. (5) NONUTILITY. Any federal agency, instrumentality,
or corporation, owned by the United States, and any corporation or joint stock company in
which the United States or any of its departments, establishments, or agencies, owns more
than 50 percent of the voting shares of stock of such corporation or joint stock company.
(6) SECURITIES. Such term shall mean and include stock, stock...
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10A-2A-1.20
Section 10A-2A-1.20 Requirements for filing instruments; extrinsic facts. (a) Whenever any
filing instrument is to be filed with the Secretary of State or in accordance with this chapter,
such instrument shall be executed as follows: (1) Except as provided in subsection (a)(3),
the certificate of incorporation, and any other instrument to be filed before the election
of the initial board of directors if the initial directors were not named in the certificate
of incorporation, shall be signed by the incorporator or incorporators or the successors and
assigns of the incorporator or incorporators. If any incorporator is not available then any
other instrument may be signed, with the same effect as if the incorporator had signed it,
by any person for whom or on whose behalf the incorporator, in executing the certificate of
incorporation, was acting directly or indirectly as employee or agent, provided that the other
instrument shall state that the incorporator is not available and the...
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11-44E-183
Section 11-44E-183 Interest of official or employee in contracts with city or public utility
prohibited; acceptance of gifts, etc.; penalty. No member of the commission, the mayor, officer,
or employee appointed shall be financially interested, directly or indirectly, in any contract
for work or material, or the profits thereof, in services to be furnished or performed for
the city; and no such member of the commission, the mayor, or employee shall be financially
interested, directly or indirectly, in any contract for work or material, or the profits thereof,
in any services to be furnished or performed for any person, firm, or corporation operating
interurban railway, street railway, gas works, cable television systems, electric light or
power plant, heating plant, telegraph line, or telephone exchange within the territorial limits
of said city. No such member of the commission, the mayor, officer, or employee of such city
shall be interested in or be an employee or an attorney of any...
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40-18-6
Section 40-18-6 Gain or loss - Basis of property; adjusted basis. (a) Basis (unadjusted) of
property. The basis of property shall be the cost of the property with the following exceptions:
(1) INVENTORY VALUE. If the property should have been included in the last inventory, the
basis shall be the last inventory value thereof. (2) GIFT or TRANSFER IN TRUST. If the property
was acquired by gift or by a transfer in trust the basis shall be determined in accordance
with 26 U.S.C. § 1015. If property was acquired by gift or transfer in trust on or after
December 31, 1932 and prior to March 15, 1985, the basis shall be the fair and reasonable
market value of the property at the time of the acquisition. (3) PROPERTY TRANSMITTED AT DEATH.
If the property was acquired from a decedent, the taxpayer's basis in the property shall be
determined in accordance with 26 U.S.C. § 1014. (4) PROPERTY ACQUIRED UPON LIKE-KIND EXCHANGE.
If the property was acquired upon an exchange described in subsection...
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41-4-16
Section 41-4-16 Consent of department prerequisite to issuance of securities by state commissions,
authorities, etc.; exceptions. No bonds or other evidences of indebtedness of any commission
or authority created to construct or reconstruct highway bridges, approaches and appurtenances
thereto, any state rural electrification authority, any electric membership corporation, any
power district, or any improvement authority shall be issued or sold until the consent to
the issuance and sale thereof shall have been given by the Department of Finance, to be evidenced
by the written approval of the Director of Finance. Such consent shall be granted only after
a public hearing and after a petition requesting such consent has been duly filed by the corporation,
authority, district, commission, or other body seeking such consent with the department more
than five days before the public hearing. The petition shall specify the plan or program of
the body seeking the consent and the uses to which...
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9-13-40
Section 9-13-40 Declaration of public policy; deferred taxation of timber on lands designated
as auxiliary state forests authorized and directed. It is the declared policy of the state
to encourage reforestation of cutover lands and timber culture generally; and to that end
and in consideration of the public benefits arising therefrom, the timber growing on lands
which shall hereafter be designated by the State Forestry Commission as auxiliary state forests
under the provision of this article shall not be taxable or assessed for taxation by any authority
from the time that said lands are so designated until they are withdrawn as auxiliary state
forests, and only the land on which said timber grows may be taxed or assessed for taxation
as if the ownership of the timber growing thereon had been severed from the ownership of the
land, and the valuation of the timber growing on auxiliary state forests shall not be included
in the valuation of the shares of stock in any domestic corporation...
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10A-2-6.30
Section 10A-2-6.30 Shareholders' preemptive rights. REPEALED IN THE 2019 REGULAR SESSION BY
ACT 2019-94 EFFECTIVE JANUARY 1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. (a) The
shareholders of a corporation have a preemptive right to acquire the corporation's unissued
shares except to the extent the articles of incorporation otherwise provide. (b) The following
principles govern a shareholder's preemptive rights under this section, except to the extent
the articles of incorporation expressly provide otherwise: (1) The shareholders of the corporation
have a preemptive right, granted on uniform terms and conditions prescribed by the board of
directors to provide a fair and reasonable opportunity to exercise the right, to acquire proportional
amounts of the corporation's unissued shares upon the decision of the board of directors to
issue them. (2) A shareholder may waive his or her preemptive right. A waiver evidenced by
a writing is irrevocable even though it is not supported by...
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