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27-44-5
Section 27-44-5 Definitions. As used in this chapter, the following terms shall have
the following meanings, respectively, unless the context clearly indicates otherwise: (1)
ACCOUNT. Either of the three accounts created under Section 27-44-6. (2) ASSOCIATION.
The Alabama Life and Disability Insurance Guaranty Association created under Section
27-44-6. (3) AUTHORIZED ASSESSMENT or the term AUTHORIZED when used in the context of assessments.
A resolution by the board of directors has been passed whereby an assessment will be called
immediately or in the future from member insurers for a specified amount. An assessment is
authorized when the resolution is passed. (4) BENEFIT PLAN. A specific employee, union, or
association of natural persons benefit plan. (5) CALLED ASSESSMENT or the term CALLED when
used in the context of assessments. A notice that has been issued by the association to member
insurers requiring that an authorized assessment be paid within the time frame set forth within...
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10A-5-8.01
Section 10A-5-8.01 Special rules for limited liability companies performing professional
services. REPEALED IN THE 2014 REGULAR SESSION BY ACT 2014-144 EFFECTIVE JANUARY 1, 2017.
(a) A limited liability company shall have the power to render professional services if each
member or employee who renders professional services in Alabama is licensed or registered
to render those professional services pursuant to applicable Alabama law and if the limited
liability company complies with the limitations of this section. (b) Every individual
who renders professional services as a member or as an employee of a limited liability company
shall be liable for any negligent or wrongful act or omission in which the individual personally
participates to the same extent the individual would be liable if the individual rendered
the services as a sole practitioner. (c) The personal liability of a member, manager, or other
employee of any limited liability company engaged in providing professional...
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27-9A-6
Section 27-9A-6 Application for license. (a) An individual applying for a resident independent
adjuster license shall apply to the commissioner on the appropriate NAIC Uniform Individual
Application and declare under penalty of suspension, revocation, or refusal of the license
that the statements made in the application are true, correct, and complete to the best of
the individual's knowledge and belief. Before approving the application, the commissioner
shall find that the individual: (1) Is at least 18 years of age. (2) Is eligible to designate
this state as his or her home state. (3) Has not committed any act that is a ground for probation,
suspension, revocation, or refusal of an independent adjuster's license as set forth in Section
27-9A-12. (4) Has completed a prelicensing course of study for the line of authority for which
the person has applied. (5) Has successfully passed the examination for the line of authority
for which the person has applied. (6) Has paid the fees set...
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27-33-13
Section 27-33-13 Trusteed assets - Withdrawal. (a) The trust agreement shall provide,
in substance, that no withdrawals of trusteed assets shall be made by the insurer or permitted
by the trustee without the written authorization or approval of the commissioner in advance
thereof except as follows: (1) Any or all income, earnings, dividends, or interest accumulations
of the trusteed assets may be paid over to the United States manager of the insurer upon request
of the insurer or the manager; (2) For substitution, coincidentally with such withdrawal,
of other securities or assets of value at least equal in amount to those being withdrawn,
if such substituted securities or assets are likewise such as are eligible for investment
of the funds of like domestic insurers and if such withdrawal is requested in writing by the
insurer's United States manager pursuant to general or specific written authority previously
given or delegated by the insurer's board of directors, or other similar...
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27-55-2
Section 27-55-2 Definitions. As used in this chapter, these terms shall have the following
meanings: (1) ABUSE. The occurrence of one or more of the following acts by a family or household
member, as defined by subdivision (3) of subsection (b) of Section 15-10-3: a. Attempting
to cause or intentionally, knowingly, or recklessly causing another person, including a minor
child, bodily injury, severe emotional injury, or psychological trauma or conduct which constitutes
the crime of rape. b. Intentionally following another person, including a minor child, without
proper authority, under circumstances that place the person in reasonable fear of bodily injury
or physical harm. c. Subjecting another person, including a minor child, to false imprisonment
or kidnapping. d. Attempting to cause or intentionally, knowingly, or recklessly causing damage
to property to intimidate or attempt to control the behavior of another person, including
a minor child. e. Assault, child abuse, criminal...
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9-6-8
Section 9-6-8 Powers and duties generally. The authority shall have the following powers,
together with all powers incidental thereto or necessary to the discharge thereof in corporate
form: (1) To have succession by its corporate name for the duration of time (which may be
in perpetuity) specified in its certificate of incorporation; (2) To maintain civil actions
and have civil actions maintained against it in its corporate name, except as otherwise provided
in this chapter, and to defend civil actions against it; (3) To adopt and make use of a corporate
seal and to alter the same at pleasure; (4) To amend its certificate of incorporation by filing
in the office of the Secretary of State a certificate signed by all of the directors of the
authority setting forth the details of the amendment, such certificate to be acknowledged
in the same manner as the certificate of incorporation; (5) To adopt and alter bylaws for
the regulation and conduct of its affairs and business; (6) To...
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10A-1-1.03
Section 10A-1-1.03 Definitions. As used in this title, unless the context otherwise
requires, the following terms mean: (1) AFFILIATE. A person who controls, is controlled by,
or is under common control with another person. An affiliate of an individual includes the
spouse, or a parent or sibling thereof, of the individual, or a child, grandchild, sibling,
parent, or spouse of any thereof, of the individual, or an individual having the same home
as the individual, or a trust or estate of which an individual specified in this sentence
is a substantial beneficiary; a trust, estate, incompetent, conservatee, protected person,
or minor of which the individual is a fiduciary; or an entity of which the individual is director,
general partner, agent, employee or the governing authority or member of the governing authority.
(2) ASSOCIATE. When used to indicate a relationship with: (A) a domestic or foreign entity
for which the person is: (i) an officer or governing person; or (ii) a beneficial...
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27-27-7
Section 27-27-7 Solicitation permit - Issuance; contents; compliance with terms. (a)
Upon the filing of any bond required by Sections 27-27-10 or 27-27-16, after notice by the
commissioner provided for in subsection (a) of Section 27-27-6, or upon his decision
to grant a solicitation permit if such a bond is not so required, the commissioner shall issue
to the applicant or to the newly formed corporation, if the application is on behalf of a
newly formed incorporated domestic insurer, a solicitation permit. Every solicitation permit
issued by the commissioner shall contain provisions in substance as follows: (1) State the
securities or other rights or interests for which subscriptions are to be solicited, the number,
classes, par value, and selling price thereof, or identify the insurance contract, or contracts,
for which applications and advance premiums or deposits of premium are to be solicited in
the case of mutual or reciprocal insurers; (2) Require that any particular class of...
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34-27C-3
Section 34-27C-3 Powers of the board. (a) The board shall have the following powers:
(1) In accordance with the Administrative Procedure Act, to adopt rules not in conflict with
the laws of this state which are reasonable, proper, and necessary to carry out the functions
of the board in the regulation of persons engaged in providing security officers within this
state. Any interested person may petition the board to adopt, amend, or repeal any rule and
the board shall prescribe by rule any necessary forms for petitions and procedures for submission,
consideration, and disposition of petitions. (2) To enforce compliance with this chapter.
(3) To establish rules and procedures for the preparation and processing of examinations,
applications, license certificates, certification cards, licensure cards, renewals, appeals,
hearings, and rulemaking proceedings. (4) To determine the qualifications of licensees, certified
trainers, and security officers consistent with this chapter. (5) To levy...
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27-17A-2
Section 27-17A-2 Definitions. As used in this chapter, the following terms shall have
the following meanings: (1) ALTERNATIVE CONTAINER. A nonmetal receptacle or enclosure, without
ornamentation or a fixed interior lining, which is designed for the encasement of human remains
and which is made of cardboard, pressed-wood, composition materials (with or without an outside
covering), or pouches of canvas or other materials. (2) ARRANGEMENT CONFERENCE. The meeting
occurring either at need or preneed between the seller and the purchaser during which funeral
or cemetery merchandise and services are discussed. (3) ARRANGEMENT CONFERENCE FEE. The charge
to the purchaser in conjunction with the arrangement conference. (4) AT NEED. At the time
of death, or immediately following death. (5) AUTHORIZING AGENT. One who is lawfully authorized
to control the final disposition of human remains. (6) BELOW-GROUND CRYPT. A preplaced enclosed
chamber, which is usually constructed of reinforced concrete,...
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