|
37-6-18
Section 37-6-18 Dissolution. (a) A cooperative which has not commenced business may dissolve
voluntarily by delivering to the Secretary of State articles of dissolution, executed and
acknowledged on behalf of the cooperative by a majority of the incorporators, which shall
state: (1) The name of the cooperative; (2) The address of its principal office; (3) The date
of its incorporation; (4) That the cooperative has not commenced business; (5) That the amount,
if any, actually paid in on account of membership fees, less any part thereof disbursed for
necessary expenses, has been returned to those entitled thereto and that all easements shall
have been released to the grantors; (6) That no debt of the cooperative remains unpaid; and
(7) That a majority of the incorporators elect that the cooperative be dissolved. Such articles
of dissolution shall be submitted to the Secretary of State for filing as provided in this
chapter. (b) A cooperative which has commenced business may dissolve...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/37-6-18.htm - 6K - Match Info - Similar pages
40-9-19
Section 40-9-19 Homesteads. (a)(1) Homesteads, as defined by the Constitution and laws of Alabama,
are exempt from all state ad valorem taxes. In no case shall the exemption apply to more than
one person or head of the family, nor shall the exemption exceed $4,000 in assessed value
or 160 acres in area for any resident of this state who is not over 65 years of age. (2) The
homesteads of residents of this state, over 65 years of age, or who are retired due to permanent
and total disability, regardless of age, or who are blind as defined in Section 1-1-3, regardless
of age or whether such person is retired, shall be exempt from all state ad valorem taxes.
(3) The state Commissioner of Revenue may define and specify the condition or state of health
that makes a person "permanently and totally disabled" and may issue certificates
of disability to the person as he or she may find meets such specifications. Any person who
is drawing any pension or annuity from the armed services or a company...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/40-9-19.htm - 6K - Match Info - Similar pages
10A-10-1.15
Section 10A-10-1.15 Merger. (a) For purposes of this section, the following words shall have
the respective meanings ascribed to them: (1) ALABAMA REAL ESTATE INVESTMENT TRUST. A real
estate investment trust organized in compliance with the provisions of this chapter. (2) BUSINESS
TRUST. a. An entity described in Section 10A-16-1.01. b. An unincorporated trust or association,
including an Alabama real estate investment trust, a common-law trust, or a Massachusetts
trust, which is engaged in business and in which property is acquired, held, managed, administered,
controlled, invested, or disposed of for the benefit and profit of any person who may become
a holder of a transferable unit of beneficial interest in the trust. (3) DOMESTIC LIMITED
LIABILITY COMPANY. A limited liability company as defined under the Alabama Limited Liability
Company Law. (4) DOMESTIC LIMITED PARTNERSHIP. A limited partnership as defined under the
Alabama Limited Partnership Law. (5) FOREIGN BUSINESS TRUST. A...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-10-1.15.htm - 10K - Match Info - Similar pages
11-3-2
Section 11-3-2 Eligibility of commissioners to serve on public boards, etc. (a) Subject to
the restrictions of Section 280 of the Constitution of Alabama of 1901, and the laws of this
state, any member of a county commission may be appointed to and may serve on public boards,
commissions, and authorities within this state unless otherwise prohibited by law. Except
where otherwise specifically authorized or required by general state or federal law, only
one member from a particular county commission may serve on any particular public board, commission,
or authority. Notwithstanding the foregoing, this subsection shall not be interpreted to authorize
a county commission to appoint a member to serve on the board of any authority, corporation,
or association organized pursuant to Chapter 21 of Title 22 unless the appointment is authorized
in the articles of incorporation of the authority, corporation, or association. (b) All service
on a board, commission, or authority by a member of a...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-3-2.htm - 2K - Match Info - Similar pages
11-50-312
Section 11-50-312 Acknowledgment, filing and recordation of certificate of incorporation; amendment
of certificate of corporation formed under this article or under Division 1 of Article 8 of
this chapter. (a) The certificate of incorporation of any corporation organized under this
article shall state: (1) The name of the corporation, which shall be a name indicating the
system or systems for the operation of which the corporation is organized (e.g., "the
waterworks and electric board of the City (or Town) of _____," or "the utilities
board of the City (or Town) of _____"); (2) The location of its principal office and
the post office address thereof; (3) The period for the duration of the corporation (if the
duration is to be perpetual, this fact should be stated); and (4) The objects for which the
corporation is organized. The certificate of incorporation may also contain any provisions
not contrary to law which the incorporators may choose to insert for the regulation and conduct
of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-50-312.htm - 3K - Match Info - Similar pages
2-17-27
Section 2-17-27 Exemption of certain activities from provisions of chapter by commissioner;
applicability of certain provisions of chapter. (a) The commissioner shall, by regulation
and under such conditions as to sanitary standards, practices, procedures and reasonable volume
limitations as he may prescribe, exempt from specific provisions of this chapter: (1) The
slaughtering by any person of animals of his own raising and the preparation by him and transportation
of the carcasses, parts thereof, meat and meat food products and poultry and poultry food
products of such animals exclusively for use by him and members of his household and his nonpaying
guests and employees; (2) The slaughtering by any person of animals of his own raising and
the preparation by him and transportation of the carcasses or parts thereof, not to include
meat food products or poultry food products, where such are sold directly to household consumers
or restaurants, hotels and boardinghouses for use in their...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/2-17-27.htm - 3K - Match Info - Similar pages
27-27-38
Section 27-27-38 Dividends - Domestic mutual insurers. (a) The directors of a domestic mutual
insurer may, from time to time, apportion and pay or credit to its members dividends only
out of that part of its surplus funds which represents net realized savings and net realized
earnings in excess of the surplus required by law to be maintained. (b) A dividend otherwise
proper may be payable out of the savings and earnings even though the insurer's total surplus
is then less than the aggregate of its contributed surplus if payment is conditioned upon
receipt of the commissioner's approval and the insurer does not pay the dividend until the
commissioner has done the following: (1) Approved the payment of the dividend, or (2) Not
disapproved the payment of the dividend within 30 days after receipt of notice from the insurer
of the declaration thereof. (Acts 1971, No. 407, p. 707, §534; Acts 1994, No. 94-634, p.
1178, §2.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-27-38.htm - 1K - Match Info - Similar pages
27-5B-11
Section 27-5B-11 Reinsurer not licensed, accredited, or certified - Additional trust agreement
requirements. If the assuming insurer does not meet the requirements of Section 27-5B-4, 27-5B-5,
or 27-5B-6, the credit permitted by Section 27-5B-7 or 27-5B-8 shall not be allowed unless
the assuming insurer agrees in the trust agreements to the following conditions: (1) Notwithstanding
any other provisions in the trust instrument, if the trust fund is inadequate because it contains
an amount less than the amount required by subsection (c) of Section 27-5B-7, or if the grantor
of the trust has been declared insolvent or placed into receivership, rehabilitation, liquidation,
or similar proceedings under the laws of its state or country of domicile, the trustee shall
comply with an order of the commissioner with regulatory oversight over the trust or with
an order of a court of competent jurisdiction directing the trustee to transfer to the commissioner
with regulatory oversight all of the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-5B-11.htm - 2K - Match Info - Similar pages
2-17-2
Section 2-17-2 Legislative findings of fact and declaration of policy; purpose and construction
of chapter generally; adoption and promulgation of regulations promulgated under certain federal
acts. (a) Meat and meat food products are an important source of the nation's total supply
of food. It is essential to the public interest that the health and welfare of consumers be
protected by assuring that meat and meat food products distributed to them are wholesome,
not adulterated, and properly marked, labeled and packaged. Unwholesome, adulterated or misbranded
meat or meat food products are injurious to the public welfare, destroy markets for wholesome,
not adulterated and properly labeled and packaged meat and meat food products and result in
sundry losses to livestock producers and processors of meat and meat food products as well
as injury to consumers. The unwholesome, adulterated, misbranded or deceptively packaged articles
can be sold at lower prices and compete unfairly with the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/2-17-2.htm - 2K - Match Info - Similar pages
20-1-20
Section 20-1-20 Definitions. When used in this chapter, the following words and phrases shall
have the following meanings, respectively, unless the context clearly indicates otherwise:
(1) ARTICLE. When referring to food or drugs, such term is used in the broad and comprehensive
sense and has reference to the food product or the drug product in question. (2) BABY FOOD.
A food which purports to be or is represented for special dietary use as a food for babies
by reason of its special formulation or its particular suitability for children under two
years of age. (3) BOARD. The State Board of Agriculture and Industries. (4) CLASS A FOODS.
Baby food, infant formula, and potentially hazardous food. (5) COMMISSIONER. The Commissioner
of Agriculture and Industries. (6) DEALER. A manufacturer, wholesaler, retailer, jobber, and
similar establishments, mobile or permanent, engaged in the sale of food for consumption on
premises. (7) DEPARTMENT. The Department of Agriculture and Industries. (8)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/20-1-20.htm - 4K - Match Info - Similar pages
|