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45-37-123.01
RETIREMENT BENEFIT. A benefit payable pursuant to the terms of subsection (a) of Section 45-37-123.100.
(52) SYSTEM or PLAN. The General Retirement System for Employees of Jefferson County, which
system or plan may sue or be sued, and in such name all of its business shall be transacted.
(53) SPOUSE. The legal wife or husband of a member as determined in accordance with federal
law. (54) TOTAL DISABILITY. A permanent physical or mental condition of a member resulting
from bodily injury, disease, or mental disorder which renders such member incapable
of continuing usual and customary employment with the county. The disability of a member shall
be determined by a licensed medical advisor. (55) TRUSTEE. The pension board or the person
or entity appointed by the pension board and named as trustee herein or in any separate trust
forming a part of the plan, and any successors. (56) TRUST FUND. The tax-qualified trust in
which certain plan funds are held, disbursed, transferred,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-37-123.01.htm - 27K - Match Info - Similar pages
15-22-1.1
by the Interstate Commission, but shall not be a member. (c) Corporate records of the Interstate
Commission. The Interstate Commission shall maintain its corporate books and records in accordance
with the bylaws. (d) Qualified immunity, defense and indemnification. (1) The members, officers,
executive director, and employees of the Interstate Commission shall be immune from suit and
liability, either personally or in their official capacity, for any claim for damage to or
loss of property or personal injury or other civil liability caused or arising
out of any actual or alleged act, error or omission that occurred within the scope of Interstate
Commission employment, duties or responsibilities; provided, that nothing in this paragraph
shall be construed to protect any such person from suit and/or liability for any damage, loss,
injury or liability caused by the intentional or willful and wanton misconduct of any
such person. (2) The Interstate Commission shall defend the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/15-22-1.1.htm - 43K - Match Info - Similar pages
40-23-4
sales of materials, equipment, and machinery that, at any time, enter into and become a component
part of ships, vessels, towing vessels or barges, or drilling ships, rigs or barges, or seismic
or geophysical vessels, other watercraft and commercial fishing vessels of over five tons
load displacement as registered with the U.S. Coast Guard and licensed by the State of Alabama
Department of Conservation and Natural Resources. Additionally, the gross proceeds from the
sale or sales of lifeboats, personal flotation devices, ring life buoys, survival craft
equipment, distress signals, EPIRB's, fire extinguishers, injury placards, waste management
plans and logs, marine sanitation devices, navigation rulebooks, navigation lights, sound
signals, navigation day shapes, oil placard cards, garbage placards, FCC SSL, stability instructions,
first aid equipment, compasses, anchor and radar reflectors, general alarm systems, bilge
pumps, piping, and discharge and electronic position fixing...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/40-23-4.htm - 34K - Match Info - Similar pages
22-18-50
or procedures related to specific employees or other matters related to the Commission's internal
personnel practices and procedures; c. Current, threatened, or reasonably anticipated litigation;
d. Negotiation of contracts for the purchase or sale of goods, services, or real estate; e.
Accusing any person of a crime or formally censuring any person; f. Disclosure of trade secrets
or commercial or financial information that is privileged or confidential; g. Disclosure of
information of a personal nature where disclosure would constitute a clearly unwarranted
invasion of personal privacy; h. Disclosure of investigatory records compiled for law
enforcement purposes; i. Disclosure of information related to any investigatory reports prepared
by or on behalf of or for use of the Commission or other committee charged with responsibility
of investigation or determination of compliance issues pursuant to the Compact; or j. Matters
specifically exempted from disclosure by federal or member...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-18-50.htm - 41K - Match Info - Similar pages
27-41-3
Section 27-41-3 Investments which may be counted as admitted assets generally; investments
and obligations for investments deemed eligible investments under chapter generally; filing
with commissioner of certified statements as to investments or obligations for investments
not deemed eligible under chapter; assets or funds to which investment limitations based upon
amounts of insurers assets or particular funds relate. (a) Only eligible investments may be
counted as admitted assets. (b) Every investment lawfully held by a life, disability, or burial
insurer on January 1, 1978, and every investment which the life, disability, or burial insurer
became obligated to make prior to January 1, 1978, which was a lawful investment for the insurer
at the time made or at the time the insurer became obligated to make it shall be an eligible
investment. Any particular investment held by an insurer on May 17, 1993, or any amendment
thereto, which was a legal investment at the time it was made, and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-41-3.htm - 3K - Match Info - Similar pages
27-44-6
Section 27-44-6 Creation of association; membership; accounts; supervision. (a) There is created
a nonprofit unincorporated legal entity to be known as the Alabama Life and Disability Insurance
Guaranty Association. All member insurers shall be and remain members of the association as
a condition of their authority to transact insurance in this state. The association shall
perform its functions under the plan of operation established and approved under Section 27-44-10
and shall exercise its powers through a board of directors established under Section 27-44-7.
For purposes of administration and assessment the association shall maintain three accounts:
(1) The disability insurance account; (2) The life insurance account; and (3) The annuity
account. (b) The association shall come under the immediate supervision of the commissioner
and shall be subject to the applicable provisions of the insurance laws of this state. (Acts
1982, No. 82-561, p. 922, ยง6.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-44-6.htm - 1K - Match Info - Similar pages
10A-30-1.15
Section 10A-30-1.15 Continuity of association independent of members or shareholders; applicable
to professional associations formed prior to January 1, 1984. Unless the certificate of formation
expressly provide otherwise, a professional association shall continue as a separate entity
independent of its members or shareholders for all purposes for such period of time as provided
in the certificate of formation or until dissolved by a vote of two thirds of the members,
and shall continue notwithstanding the death, insanity, incompetency, conviction for felony,
resignation, withdrawal, transfer of membership or ownership of shares, retirement, or expulsion
of any one or more of the members or shareholders, the admission or transfer of membership
or shares to any new member, members, shareholder, or shareholders or the happening of any
other event which, under the law of this state and under like circumstances, would work a
dissolution of the partnership, it being the aim and intention...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-30-1.15.htm - 1K - Match Info - Similar pages
27-32-6
Section 27-32-6 Grounds - Rehabilitation of domestic insurers. The commissioner may apply to
the court for an order appointing him as receiver of, and directing him to rehabilitate, a
domestic insurer upon one or more of the following grounds. That the insurer: (1) Is impaired
or insolvent; (2) Has refused to submit any of its books, records, accounts, or affairs to
reasonable examination by the commissioner; (3) Has concealed or removed records or assets
or otherwise violated Section 27-27-29; (4) Has failed to comply with an order of the commissioner
to make good an impairment of capital or surplus, or both; (5) Has transferred, or attempted
to transfer, substantially its entire property or business or has entered into any transaction
the effect of which is to merge substantially its entire property or business in that of any
other insurer without having first obtained the written approval of the commissioner; (6)
Has willfully violated its charter or articles of incorporation or any...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-32-6.htm - 2K - Match Info - Similar pages
27-6-4
Section 27-6-4 Deposits of insurers - State Treasurer as custodian. (a) Deposits made in this
state under Sections 27-3-11, 27-3-12, and 27-3-14, together with deposit of reserves of domestic
life insurers under registered policies heretofore issued, shall be made through the commissioner
with the Treasurer of the State of Alabama. (b) The State Treasurer, in his official capacity,
shall take receipt for and hold deposits made under this title as provided in subsection (a)
of this section, subject to the provisions of this chapter. (c) The State Treasurer shall
hold all such deposits in safekeeping in the vaults located in his offices or, if space in
such vaults is not reasonably adequate and safe for all securities and property otherwise
to be contained therein, the Treasurer may keep such securities in safe deposit boxes rented
by him for the purpose and under his control in established safe deposit institutions located
in the City of Montgomery, Alabama. (d) The Treasurer shall be...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-6-4.htm - 2K - Match Info - Similar pages
27-35-8
be complete. (b) The reorganized and converted corporation shall be deemed in law to be a continuation
of the fraternal benefit society, whether the reorganization and conversion shall have been
accomplished by the formation of a new corporation or by the amendment of the certificate
of incorporation of the former society; and such reorganized and converted corporation shall
succeed to, and become invested with, all and singular, the rights, privileges, franchises,
and all property, real, personal, or mixed, and all debts due on any account and all
other things in action theretofore belonging to such fraternal benefit society; and all property,
rights, privileges, franchises, and all and every other interest shall thereafter be as effectually
the property of such reorganized and converted corporation as they were of the former fraternal
benefit society; and the title to any real estate, by deed or otherwise vested in such former
fraternal benefit society, shall vest in such...
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