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10A-2-16.20
Section 10A-2-16.20 Financial statements for shareholders. REPEALED IN THE 2019 REGULAR SESSION
BY ACT 2019-94 EFFECTIVE JANUARY 1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. (a)
A corporation shall furnish its annual financial statements to each shareholder who requests
a statement, which may be consolidated or combined statements of the corporation and one or
more of its subsidiaries, as appropriate, that include a balance sheet as of the end of the
fiscal year, an income statement for that year, and a statement of changes in shareholders'
equity for the year unless that information appears elsewhere in the financial statements.
If financial statements are prepared for the corporation on the basis of generally accepted
accounting principles, the annual financial statements must also be prepared on that basis.
If the financial statements for the corporation are not prepared on the basis of generally
accepted accounting principles, the annual financial statements furnished...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-2-16.20.htm - 2K - Match Info - Similar pages
2-2-7
Section 2-2-7 Annual report; publication of handbooks, pamphlets, etc. The commissioner, with
the approval of the State Board of Agriculture and Industries, shall submit each year on or
before December 1 or as early thereafter as practicable to the Governor an annual report covering
all operations of the Department of Agriculture and Industries and the condition, progress
and needs of agriculture and industries throughout the state. Such annual report may be printed
as now provided by law in sufficient quantities for general distribution as needed. He may
publish, by and with the approval of the State Board of Agriculture and Industries, such handbooks,
pamphlets, bulletins, notices and information as in his judgment will aid and promote agricultural
and industrial development of Alabama and the enforcement of the provisions of law relating
to agriculture and industries. (Ag. Code 1927, §13; Acts 1935, No. 13, p. 12; Code 1940,
T. 2, §19.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/2-2-7.htm - 1K - Match Info - Similar pages
27-3-26.1
Section 27-3-26.1 Annual statement to include statement of qualified independent loss reserve
specialist. Every property or casualty insurer required to file an annual statement with the
commissioner on March 1 of each year preceding, pursuant to Section 27-3-26, shall include
a statement of a qualified independent loss reserve specialist setting forth his or her opinion
relating to loss and loss adjustment expense reserves. For the purposes of this section, a
qualified independent loss reserve specialist shall mean a person who is not a principal,
director, or indirect owner of the insurer and is a member of the Casualty Actuarial Society,
or has such other actuarial experience as is acceptable to the commissioner to assure a professional
opinion on the adequacy of loss and loss adjustment expense reserves. (Acts 1993, No. 93-675,
p. 1240, §10; Acts 1994, 1st Ex. Sess., No. 94-789, p. 92, §1.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-3-26.1.htm - 1K - Match Info - Similar pages
2-27-53
Section 2-27-53 License - Required; fees; examination and certification; license restrictions.
(a) No person may engage in the custom application of pesticides within this state at any
time without first procuring an annual license from the commissioner. The fee for such license
which shall accompany the application for a license shall be established by the Board of Agriculture
and Industries for the custom application of pesticides by the use of ground equipment. The
fee for a license where the applicant will perform the custom application of pesticides by
the use of a single aircraft shall be established by the Board of Agriculture and Industries.
An applicant planning to use more than one aircraft for the custom application of pesticides,
shall pay a fee established by the board for each additional aircraft used in such work; provided,
that the total amount required to be paid for a license issued under this section shall not
exceed $120.00, regardless of the number of planes to be...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/2-27-53.htm - 5K - Match Info - Similar pages
27-2B-2
Section 27-2B-2 Definitions. As used in this chapter, these terms shall have the following
meanings: (1) ADJUSTED RBC REPORT. An RBC report which has been adjusted by the commissioner
in accordance with subsection (e) of Section 27-2B-3. (2) CORRECTIVE ORDER. An order issued
by the commissioner specifying corrective actions which the commissioner has determined are
required. (3) DOMESTIC INSURER. Any insurer domiciled in this state. (4) FOREIGN INSURER.
Any insurer which is licensed to do business in this state but not domiciled in this state.
(5) FRATERNAL BENEFIT SOCIETY. Any insurer licensed under Chapter 34. (6) HEALTH ORGANIZATION.
Any health care service plan, health maintenance organization, limited health service organization,
dental services corporation, or other managed care organization licensed under this title.
This term does not include any life and disability insurer or property and casualty insurer.
(7) INSURER. As defined in Section 27-1-2, including, without...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-2B-2.htm - 4K - Match Info - Similar pages
27-34-53
Section 27-34-53 False statements. Any person who willfully makes a false statement of any
material fact or thing in a sworn statement as to the death or disability of a certificate
holder in any fraternal benefit society, for the purpose of procuring payment of a benefit
named in the certificate of such holder, and any person who willfully makes any false statement
in any verified report or declaration under oath required or authorized by law as to fraternal
benefit societies shall be guilty of perjury and shall be proceeded against and punished as
provided by the statutes of this state in relation to the crime of perjury. (Acts 1911, No.
476, p. 700; Acts 1971, No. 407, p. 707, §725.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-34-53.htm - 1003 bytes - Match Info - Similar pages
2-15-61
market. (4) The kind of livestock the applicant proposes to handle at the livestock market
and the day or days of the week the applicant proposes to conduct sales. (5) A financial statement
of the applicant prepared by a financial institution, certified public accountant, or tax
professional, showing the gross amount of business done by applicant during the preceding
year, October 1 through September 30, and such statement shall show applicant's assets and
liabilities. (6) An annual animal health inspection of the site performed by the State
Veterinarian or his or her duly authorized agent. (7) Such other pertinent information as
the commissioner may require relating to the bond and insurance, as required by this division,
together with such information as may be required relating to the physical facilities of the
livestock market and its record-keeping system for the identity of livestock received and
handled. (c) A permit shall be issued when the commissioner finds all of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/2-15-61.htm - 5K - Match Info - Similar pages
2-19-61
Section 2-19-61 Permit required; fee and delinquency penalty. The proprietor, lessee, or manager
of any cotton gin shall procure on or before July 1 of each year from the commissioner a permit
to do business as a cotton ginner, the application for which shall be made upon forms to be
furnished by the commissioner. The fee for the annual permit shall be established by the Board
of Agriculture and Industries not to exceed one hundred dollars ($100), payable to the Commissioner
of Agriculture and Industries for deposit to the credit of the Agricultural Fund, which shall
accompany the application for the permit. If such permit fee is not paid within 45 days from
the due date, a delinquent penalty of 15 percent shall be added. In the issuance of a permit
the commissioner shall consider the responsibility and qualifications, as well as the capacity
of the person or persons or corporation to engage in the ginning business, so far as to afford
all reasonable facilities, conveniences, and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/2-19-61.htm - 1K - Match Info - Similar pages
27-2B-9
Section 27-2B-9 Confidentiality of reports and plans; information sharing agreements; publication
of RBC levels prohibited; use of reports and plans by commissioner. (a) All RBC reports, to
the extent the information therein is not required to be set forth in a publicly available
annual statement schedule, and RBC plans, including the results or report of any examination
or analysis of an insurer performed pursuant hereto and any corrective order issued by the
commissioner pursuant to examination or analysis, with respect to any domestic insurer or
foreign insurer which are filed with the commissioner constitute information that may be damaging
to the insurer if made available to its competitors and therefore shall be kept confidential
by the commissioner. This information shall not be made public or be subject to subpoena,
other than by the commissioner, and then only for the purpose of enforcement actions taken
by the commissioner pursuant to this chapter or any other provision of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-2B-9.htm - 5K - Match Info - Similar pages
27-40-3
Section 27-40-3 Licenses - Required; fees; information to be furnished commissioner. (a) No
person shall engage in the business of financing insurance premiums in this state without
first having obtained a license as a premium finance company from the commissioner. Any person
who shall engage in the business of financing insurance premiums in this state without first
having obtained a license as provided herein shall be guilty of a misdemeanor and upon conviction
shall be punished by a fine of not more than $1,000.00 or by imprisonment for not more than
one year, or both. (b) The annual license fee shall be $200.00; provided, that an insurance
agency which finances its own business of less than $150,000.00 in premiums annually shall
pay a fee of $50.00. The fee for said license shall be paid into the Insurance Department
Examination Revolving Fund and the same is hereby appropriated for that use. (c) The person
to whom the license or the renewal thereof may be issued shall file sworn...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-40-3.htm - 1K - Match Info - Similar pages
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